Tridentinv's Blog

We have just come across three more bulk bank REO packages. Below are the basic details.

To gather more information I will need an NCND signed between you and myself and the buyer. An LOI will be required to move forward with the purchase. Cash Buyers only and NO TRANSACTIONAL Funding is allowed. The buyer has to be the real buyer.

To see my complete list of REOs go to our REO section of our main page which can be found at: http://www.tridentinvestmentsllc.com/reos/inventory.html

Or give me a call at 702-591-1784.

CA Commercial & Residential
Package – Mar 2010 – Package 43

• A multitude of different commercial deals. 109 in total.
• Cherry Picking is allowed.
• Tape includes land, homes, apartments, restaurants, etc.
• Most properties are in CA. A few in the other western
  states (including Hawaii).
• NPN and REO on same tape.
• Total UPB of $380M.
• Add 3 points for brokerage fees
• I can provide address with NCND from intermediary or LOI from
  buyer.
• My contact is direct to source.

CA Commercial & Residential
Package – Mar 2010 – Package 44

• Single Family Residences in CA, AZ, and NV.
• Valued at $600M.
• Take down price at 55 Cents + 3.
• All yours for the price of
  $330M.
• Add 3 points for brokerage fees
• I have limited information on this one. Seller Rep is
  requiring NCND and MFA to move forward.
• To my knowledge there is no cherry picking.

Nationwide Package (5 Tapes) -
Mar 2010 – Package 45

• This package is actually 5 packages of different properties.
  I have separated them from the master list so you can see them
  individually.
• I have addresses of all properties.
• Package #45.1
• — 14 homes in the mid-west.
• — A & B paper notes.
• — Single Family Homes
• — Title Ready for immediate close.
• — Value at $730,900.
• — Purchase Price of
  $182,725.
• — Price is at 25% of Value.
• Package #45.2
• — 17 homes in the mid-west and
  southern states.
• — C class notes.
• — Single family homes.
• — Title Ready for immediate close.
• — Valued at $1,113,300.
• — Purchase Price of
  $113,300
• — Price is at 10% of Value.
• Package #45.3
• — 57 Las Vegas, NV homes
• — REO Pool.
• — 2 week close.
• — Value at $6,790,050
• — Purchase Price of
  $3,900,000
• — Price is at 57.4% of value
• Package #45.4
• — CA Non-Performing Notes
• —
  Make your Best and Final Bid Offer
• — Outstanding Balance as of Feb.
  2009: $6.6M
• — Original Appraisal Value:
  $10.9M
• — First come first served.
• — Two week close.
• — Can cherry pick the notes.
• Package #45.5
• — Non-Performing Notes all over the
  US
• — 315 notes for sale.
• — BPO Value at $17.5M.
• — Outstanding Balance at $22M.
• —
  Selling at 23 Cents on the Dollar
• — Title ready to close quick.
• — Seller wanting a quick close in
  less than one week.
• I can put you into contact with the direct source.
• This source can readily put together $1B plus deals for
  the right buyers.
• Add 3 points for brokerage fees

You can see more info on our business at: http://www.tridentinvestmentsllc.com
702-591-1784