Mike Norvell Sr / Norvell Consulting Group

After many years of working all aspects of Real Estate, several long term industry professionals have formed a business to find solutions to the unique problems found in todays markets.

United Solutions offers services to asset managers and fund managers to assist in the sale and marketing of Bulk REO packages and Non Performing Note Packages.

We are seeking small packages of geographically concentrated properties that we can market to our investors. Recently, we located a package of 29 homes in Birmingham, and then another 18 homes, and then just had 15 more warranty deed properties offered in Birmingham as well.

This afternoon, one of our Hedge Fund Sources provided United Solutions with 2 new Non Performing Note Packages. Both are heavy concentrations of Fl Properties, and the buyers for these types of deals will need to have experience in

1) Servicing Loans

2) Working out Short Sales

3) Offering Deed in Lieu of Foreclosure

4) Re Financing Existing Homeowners

United Solutions has many of these services available, and we are ready to offer exit strategies for interested parties.

The REO packages are available on a line by line "Cherry Pick" basis, so we can work with investors that wish to buy one or more homes in their area. Please have a Proof of Funds from the end buyer ready at the beginning, to avoid delays.

Finally, United Solutions offers Funding for a variety of deals. We offer Funds for Rehab of Properties, and offer short term funding for deals with certain exit strategies. Finally, we offer Transactional Funding for special deals that require very short term financing for just a day or so.

We have a department that can market properties long distance, and prepare templates for blast marketing on a number of networking sites at one time.

Welcome to United Solutions of America, LLC.

Providing Exit Strategies for Problem Assets Nationwide.

Another day of having to make the runs in my local area to replace signs...

Every day, the signs are pulled, and I have to go back out. What a waste of time.

We now have signs up offering a $ 1,000.00 REWARD to anyone that will take a video of the jokers removing the signs from the yards, and entering the houses and taking my signs off the windows as well.

I am handing the reward posters to the neighbors around my HUD listings, and have warned the BROKER who claims the sign crew he has must be making mistakes, as he chuckles....

WHen I get done here, I am going straight to Ebay and see if I can find a bear trap to put around my sign...I know that sounds extreme, but this is now taking time out of my day. (OK< thats really a joke, no phone calls plz)

Trent Realty has the contract with HUD for exclusive listings, but not exclusive right to sell. However, It is clear that NO OTHER BROKER is ALLOWED to place signs on the properties, and they are not allowed to take our signs out of the windows... Every day these guys have signs on the yard and mine is knocked over...

Only a HUD Broker with a HUD KEY can get in the homes to take the signs out of the windows....when he is caught, we will push the case as legally far as possible, including arrest, and administrative complaints to the Department of Professional Regulation.

Fair warning to the Brokers not playing by the Rules....Trent will pay me the $1000.00 as well as anyone else...I will catch you and hope you LOSE your license.

My new Blackberry Tour is an amazing phone. It has all the capabilities of my last Blackberry, which was a Curve. However, when my buddy at the Verizon store said he could get me twice the phone for zero dollars out of pocket, how could I say no.

Well, one of the many things this phone comes with is the neat alarm feature. Since I lost the instruction manual almost immediately, I am not sure what I did to turn on the alarm. And I will admit I have not spent a lot of time trying to figure out how to turn it off.

Because, with the time now set at 5:45 ( setting the alarm time is easy ) I place the phone across the house, on the charger, next to the coffee pot. So, in order to cut the alarm off, I must get up and get it. While I am there, I make the coffee. I feed the cats. I take the first cup of very strong coffee onto the back porch and enjoy the quiet of the morning..........for about 7 minutes.......then the regular alarm goes off, and its time to start the day for real.

But those first few minutes of watching the birds and squirrels in the pre dawn of morning is very special.

Its going to be a really nice day

Its the business that we choose, this Real Estate Game. Some days seem to be moving backwards...

Today we made progress. After putting signs back on all the properties yesterday, today the phone was ringing off the hook... I get better at passing the ones that need financing over to some local mtg brokers who have the job of grooming the good ones for future business. I wish them well, its really tough in this market to get a loan.

That leaves more time to spend with the ready to go buyers. Working with cash investors is always more productive. Little by little, we establish a trust that carries over to the next deal. Today we had multiple cash offers on properties, and tomorrow is the same according to the schedule.

Some of the current buyers are attempting to get partial financing, and its a bear with even 50% down. Whooda thought that buying a home at 70% of value and putting 50% down would have trouble getting a loan. Well today, I had two local investors offer to buy the homes and do owner financing with balloons...Shoot, I like balloons, make mine a giraffe.

A lead came in today off of Active Rain.....wow, thats been a while since that happened...Local doctor/investor needs to sell a few rental buildings...will have the pro formas done tomorrow and send to investors looking for cash flowing properties.. Thanks Active Rain......

I now am working full time in HUD homes in Central Fl with Trent Realty....We have 7 counties and the phone rings off the hook. My job would be made much easier if the other agents pushing thier bandit signs all around our listings would stop the misleading advertising....$100 down buys this home...100% financing available..ect..... confusing the public is such a waste of time. Educating them would be more professional....THis practice makes the poor buyers feel like they're entering a sleazy used car lot....buyer beware. We should, as a profession, rise above this level and just do our jobs with integrity.

Also, there are RULES for working HUD homes, and these other agents are BLATANTLY breaking them. I go to my listings and see the yard full of bandit signs....from Real Estate Brokers....clearly breaking the rules, and confusing the public with all the misleading crap on thier signs. Whats worse, yesterday morning I got up very early and made the rounds to all my listings.......my signs were pulled and these jokers had thier signs in the yards over the weekend. I had my digital video camera with me, so I did a video to document the violations and sent it to my home office. I called the brokers whose signs were there, and got a response that HUD does not really enforce the rules, and they will not stop until they were forced to. Of course no one admitted to pulling my signs......

Now, I still get a LOT OF CALLS......I am amazed with how uninformed the average caller is to the process. Mainly, they learn from the signs that only say $100 down buys this home, and from the very misleading websites that are there just to get the buyers locked into their web before telling them the real truth on getting them a HUD home.... Its easily twenty calls a day from those who want to start the paperwork and have the hundred down right now......Good thing I have unlimited minutes...

I did take the time to learn the HUD process, and the basic rules are laid out in pretty basic language in a PDF document that I am happy to forward with my initial package. The biggest problem we have is that the owner window is so short, and the buyers have not met with a bank or broker to get pre qualified before starting to look around for housing.

I have begun putting "Get Prequalified First" on my signs, and that is at least starting the conversation on the right foot. It would be very helpful for the agents in the business to quit the garbage signs that mislead the public and stick to providing a service to the clients.

HUD homes are an unbelieveable bargain in many cases, and I for one am on a campaign to educate the local public with the REALISTIC PROCESS involved in becoming pre qualifed to buy...including the way to bid, repair escrow, the 3% closing cost misunderstanding, ect...

I will be willing to bet that 80% of these deals go for cash investor buyers, simply because we are not reaching enough individual buyers to have them ready and able to properly pull the trigger.

On a final note......I love cash investors...I understand their motivations, and there are no games....