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Norvell Consulting Group Mini Bulk REO Deals...

Hello...This is to buyers reps or direct buyers only please.

I am in contract with a ACTUAL DIRECT Sellers Rep who is Currently assigned the task of breaking down a larger package and selling them in smaller bites.

It is a simple protocol.

Call me if you will, and we can discuss the different areas that are available right now, and whats coming up.

We don't need a big FancyLOI POF deal, but if you have one that's OK too. These are small deals, and will go quickly.

All we need is a basic NDA, which I will provide, and a very generic outline of what the Buyer is looking for. Price, Location, Terms...again, from the BUYER.

Some of these are Midwestern Packages for as little as 500k take down, and they have an included exit strategy in place to either assist in the cleaning/marketing/sales/lease options or to handle the entire transaction with weekly reports. Dealing with a experienced company with in place personnel should take the risk out of buying outside of your back yard.

The balance of the packages are nationwide, starting at the low takedown price of 3 mill, and the discounts are relevant to the area. For example, Georgia/ Florida is cheaper than California/ New York, and we also just got a package in from a bank.....Nevada only, 5.2 million takedown with very recent BPOs.

I know every one has their share of horror stories....too bad....When we have more time I will buy you a beer and listen..But not today!!!! ..I don't care how bad you or your buyer has been lied to in the past. Hard Proofing will be step # 2 after a phone call direct to the buyer. Buyers Reps are welcome, just bring the buyer too, and have the Buyer create a current Buyers Rep letter, signed and notarized by the buyer...

My goal here is to have a number of smooth, direct, buyer seller transactions....For those of you who know me already, you know I have seen most of the tricks, and done all the conference calls I care to do.

If you call with anyone other than the actual buyer on the phone, I have been known to politely hang up. If you KNOW a buyer rep that is direct, please save us all time and have that person call, and then we need to get direct to the buyer, and the proofing......

For those that are still interested, these are large institutional packages that have been purchased by an group that is selling in smaller bites.

1) If your buyer only proofs directly to the institution, we are the institution. The buyer can deal directly with the authorized seller rep ....no games here...
2) If your buyer demands a LOA, we will provide that 5 minutes after hard proofing, Attorney to Bank, or

Attorney to Attorney. There are a few relevant choices, but NO PACKAGE TAPE WILL BE DELIVERED WITHOUT PROOFING FIRST>
3) We do not compile these packages, they are grouped by the seller in relevant sizes and by Location.
4) Exit strategies are available upon request for successful buyers. This is a service provided to assist the new owner on purchases not in his "Back yard" This is not a free service, and is offered outside of this deal by other parties not associated with the seller.
5) Initial Purchase Protocol will include,NDA, Hard Proofing, LOA, Contract, Fee Agreement, Escrow Deposit, Wire Instructions/Paymaster, Due Diligence, and Close.

6) Finally.........[b] There will be NO Packages, scrubbed or not, to anyone other than a proofed up B

uyer.... If for some reason the Buyer shares the sanitized list with someone and it gets put on the web, the buyers deposit will be forfeited. After the buyer has purchased the package, he can spread the deal to a thousand mailboxes, but we have the intent that this program will not work that way.

Mikenorvell@earthlink.net

Posted Friday Mar 27

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