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black list of bulk reo sellers

Posted in the Real Estate Forum

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burish

Brampton, Canada

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#1
Nov 6, 2008
 
I work in the bulk REO arena I deal with buyers and sellers small ones and large ones have closed deal and watched many deals fall apart due to B.S. on both ends sellers with out product and buyers without money I just wanted to know if there was a public black list for both ends out there
burish

Brampton, Canada

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#2
Nov 6, 2008
 
is every ok with all the jurks they came across in this game
reo headache

Saint Paul, MN

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#3
Nov 9, 2008
 
nope everyone i have dealt with as a seller on this forum is full of crap
burish

Orangeville, Canada

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#4
Nov 9, 2008
 
reo headache wrote:
nope everyone i have dealt with as a seller on this forum is full of crap
im not just talking about sellers on this forum
reo headache

Saint Paul, MN

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#5
Nov 10, 2008
 
burish wrote:
<quoted text>
im not just talking about sellers on this forum
yes buyers too. i have some that says they are real and than i found out they are trying to buy back their own product. lol . i am a bulk reo buyer and also a buyer mandate so i have seen fake sellers/buyers too. alot of buyers dont deal with this bulk reo no more cause of these brokers killing deals saying things to lie to make the buyer feel comfortable. these sale offer i see on topix i ignore. cause i know most of them. i am not going to say name cause i am not here to spread rumors but its best for you to find out on your own. i have my seller and buyers i am comfortable with and I am going to stick to my sources.
pissed off
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#6
Nov 19, 2008
 
just cant deal with this horse crap no more if your not real get the hell out of this business now you will never make money being fake
kingconsultant

North Babylon, NY

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#7
Dec 9, 2008
 
Can you provide me with a true seller? kingconsultants@optimum.net
reo headache wrote:
<quoted text>
yes buyers too. i have some that says they are real and than i found out they are trying to buy back their own product. lol . i am a bulk reo buyer and also a buyer mandate so i have seen fake sellers/buyers too. alot of buyers dont deal with this bulk reo no more cause of these brokers killing deals saying things to lie to make the buyer feel comfortable. these sale offer i see on topix i ignore. cause i know most of them. i am not going to say name cause i am not here to spread rumors but its best for you to find out on your own. i have my seller and buyers i am comfortable with and I am going to stick to my sources.
GIL
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#8
Dec 9, 2008
 
kingconsultant wrote:
Can you provide me with a true seller? kingconsultants@optimum.net <quoted text>
yes
www.americanlandmarkfinancial.com
Mike

Salt Lake City, UT

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#9
Dec 15, 2008
 
burish wrote:
I work in the bulk REO arena I deal with buyers and sellers small ones and large ones have closed deal and watched many deals fall apart due to B.S. on both ends sellers with out product and buyers without money I just wanted to know if there was a public black list for both ends out there
I am looking for REO buyers. I am selling for 30 cents on the dollar. Mike moneylinefunding@yahoo.com
Mike

Salt Lake City, UT

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#10
Dec 15, 2008
 
I am looking for buyers of REOs. I am selling for 30 cents on the dollars. 30k homes.
moneylinefunding@yahoo.com
Judy Meadows

Denver, CO

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#11
Dec 17, 2008
 
Direct to Seller who is privleged to get packages before they become public info. He does minimum of 100M REO. Seller requires signed NCND with all signatures of parties to be on CC. jaycemeadows@yahoo.com

“Cake or Death?”

Joined: Dec 21, 2008

Comments: 4009

Palm Beach

ISP: Jacksonville, FL

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#12
Dec 21, 2008
 
Ummmm... No fair market values? No bids? No one looking for par? Mid west was trading in the mid ($0.35) thirties going north... but sub par across the board in all markets?

Ok I will bite where's the tapes? Brothers, uncles mother got it from the inlaws so its top secret?

This is too funny... yahoo, aol and hotmail.com email addy's... I am crying laughing!
Michael

New York, NY

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#13
Dec 21, 2008
 
Can you share the contact info for the bulk REO sellers you are comfortable with, who have proven track records. Are they seller mandate or intermediary or part of a daisey chain? Thanks
email: NYSMortgage@gmail.com

(You said: i have my seller and buyers i am comfortable with and I am going to stick to my sources.)
reo headache wrote:
<quoted text>
yes buyers too. i have some that says they are real and than i found out they are trying to buy back their own product. lol . i am a bulk reo buyer and also a buyer mandate so i have seen fake sellers/buyers too. alot of buyers dont deal with this bulk reo no more cause of these brokers killing deals saying things to lie to make the buyer feel comfortable. these sale offer i see on topix i ignore. cause i know most of them. i am not going to say name cause i am not here to spread rumors but its best for you to find out on your own. i have my seller and buyers i am comfortable with and I am going to stick to my sources.
Michael

New York, NY

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#14
Dec 21, 2008
 
Can you share the contact info for the bulk REO sellers you are comfortable with, who have proven track records. Are they seller mandate or intermediary or part of a daisey chain? Thanks
email: NYSMortgage@gmail.com
burish wrote:
I work in the bulk REO arena I deal with buyers and sellers small ones and large ones have closed deal and watched many deals fall apart due to B.S. on both ends sellers with out product and buyers without money I just wanted to know if there was a public black list for both ends out there

“Cake or Death?”

Joined: Dec 21, 2008

Comments: 4009

Palm Beach

ISP: Jacksonville, FL

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#15
Dec 22, 2008
 
Why would anyone pay all cash for an REO package in any form?
When in fact you take 20%(in cash) of the total value (face) to the bank holding the paper and they then would service and hold the remaining debt with you receive the benefit’s if any or the cash call if the property becomes non-performing.. Why would anyone over pay and try to manage at their own costs.. The structure here discussed in all of these posts I have read are ass backwards and unrealistic for profitability.

And no bidding for institutional type numbers?

Really?

There are so many red flags I don't know where to start.

“Bulk REO Supplier”

Joined: Nov 23, 2008

Comments: 11

Marietta, GA

ISP: Los Angeles, CA

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#16
Jan 1, 2009
 
Need a REAL Bulk REO supplier?

http://www.BulkREOTape.com << Please take a few min to review my site.

Thanks,
George
reo headache

Saint Paul, MN

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#17
Jan 4, 2009
 
as of now no real sellers for bulk reo. the good news is i dont hear about these 20B and 250B fake packages no more. I guess the fake sellers and buyers knows they cant fool us any more. If i had 100M i would not even use it to buy bulk reo, i could do alot more than waste it on real estate. thats why i am trying to figure why spend money on bulk reo its nothing but a headache and the cost to fix it up as well.
Direct Platform

Columbus, OH

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#18
Jan 5, 2009
 
www.cfreg.com

A real property list for real buyers. Purchase 1 or more properties at a time. Close within 3 days.
Average cost 14K ea.
Ronald Horvitz
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#19
Jan 10, 2009
 
burish wrote:
I work in the bulk REO arena I deal with buyers and sellers small ones and large ones have closed deal and watched many deals fall apart due to B.S. on both ends sellers with out product and buyers without money I just wanted to know if there was a public black list for both ends out there
i CAN HOOK YOU UP WITH FUNDING ATA FEE AND HELP YOU WITH COMPLETE TRAINING, pLEASE CONTACT rONALD hORVITZ
Ronald Horvitz
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#20
Jan 10, 2009
 
hELLO, i CAN HELP YOU JOIN MY TEAM HOME SELLER ASSIST,GREATFUNDING FOR FLIPS TOO.
Tell me when this thread is updated!
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