Bid, negotiate and partner with preREO on the mortgage holder interest in a property Take control with the help of Activist Legal to repair and rent during the foreclosure process Maximize returns during foreclosure, then build a rental portfolio or sell your REO. Easily browse on one platform for discounted and distressed mortgages secured by a vacant property Bid, negotiate and partner with preREO on the mortgage holder interest in a property. Take control with the help of Activist Legal to repair and rent during the foreclosure process Maximize returns during foreclosure, then build a rental portfolio or sell your REO. Find Your preREO Win Your preREO Appoint a Receiver Earn a Profit How preREO Works Easily browse on one platform for discounted and distressed mortgages secured by a vacant property
Jorge P. Newbery Webinar Image preREO

WEBINAR: How to Partner on preREOs Directly from Lenders

Join us on Thursday July 9th at 11 AM or Tuesday July 21st at 2 PM as we reveal how to get the best deals before they’re on anyone else’s radar. We’ll discuss:

  • What is a preREO
  • How preREO works
  • Ways to maximize returns faster

Local Investors are the Solution

preREO investors have the local advantage. With the assistance of Activist Legal, investors can have a local court appoint a receiver of their choice and arrange to cost-effectively repair, lease and maintain the property during the foreclosure process.

Lenders are willing to partner on these notes at a sizable discount to market values, mitigating their losses now and increasing the potential returns for investors, a win-win.

We Have the Experience

Investors looking at preREOs

Program Details

  • Browse preREOs sourced directly from lenders at discounted prices
  • Contribute 25% of the price, preREO contributes the remaining 75%
  • Earn everything over the 12% annual return paid on preREO’s 75% contribution
  • Pay a program fee of $2,000 on the acquisition of the note

Servicing

State laws typically require that a licensed
mortgage servicer services note investments
and this includes preREOs. Thus, we have
arranged with AHP Servicing to service preREOs
for $50 monthly.

Solution to the Problem

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