REO Qualification

This came in Friday June 5, 2009:

On Fri, Jun 5, 2009 at 12:18 PM,
How close is the relationship with the seller?  What is needed to proceed on purchasing those properties?

Charles,

Thanks for writing.

Did you finish your book? Has it been published? Where can I buy a copy?

The mandate for the FDIC calls me once a twice a week with product so I am one away.

All that I need is my completed form that I’ve attached and proof of funds not more than three business days old.

I am an intermediary. Once I’ve qualified the prospective client by reviewing the answers on my buyer profile, and checking with their bank from the POF they’ve furnished, had them sign our fee agreement (the commission is determined by the paymaster), and received the signed mutual NCND, I introduce them to the mandate through a conference call.

As always we are here to serve you and those whom you choose to refer.

We have a purchase order and buyer profile that I need completed. I also need proof of funds not more than three business days old along with our signed fee agreement and signed mutual non-compete, non disclosure. Once I have that I’ll schedule your client with the mandate. Usually I am one away from the seller.