Question: Can I choose my own property?

Answer: No, National REOs buys off of a listing of available houses by utilizing our in-field buying crews and then purchasing the property and prepping it for re-sale. We cannot hold any certain property for any particular buyer. Assignment of properties is done as the properties become available and the funds are wire transferred to the law firm for closing.

Question: What then, if I get a property that is unsaleable?

Answer: You won’t because if you get a property that we cannot sell as agreed, National REOs will replace the property with one that meets our minimum specifications.

Question: Do I have to use the National REOs Management option?

Answer: No, it is your property; you can address the manner in which you choose to sell or manage the property completely independent of National REOs. We will always recommend, however that you utilize our skills as a seasoned management operator in maximizing your chances for success. But it is your property and you may do as you choose.

Question: How long does it take to identify a buyer for my property?

Answer: On average, this process will take 30-90 days from the date of close of escrow. Our field crews focus on areas where we do have a local presence and that a consistent track record of others sales have occurred. All real estate transactions come with an inherent risk factor, therefore, you must remember that these time estimates may vary on season, market climate and other factors as well.

Question: Does National REOs accept qualified funds?

Answer: Yes, through our custodian, IRA Resources. Call our offices at 925-846-2589 for details.

Question: What if I want to buy properties in a certain state?

Answer: Remember, you are buying cash flow, not a house in any certain part of the Country. What makes the National REOs solution so unique is that we respect the integrity of our business platform and recognize our ability to perform as well as to fail. We maintain our focus in areas that we are certain to have a field presence to not only preview the property before acquisition but also to insure that we have local contractors available to do any repairs that may need to be made to make your house prior to placing the 4-Sale sign in the front yard. We can certainly discuss other States or areas that you may have an interest in, but we will most always prefer to stay in those areas where we are most likely to perform to a high level for our customers.

Question: What factors will determine my exit strategy?

Answer: Many factors will contribute to what decision you make in selling and or holding your note. Any successful Real Estate investor will allow for adjustments based upon market trends and circumstances relating to their own particular investment. In our experience, the most natural options for you will be to Hold the note. Other possible options are listed below, but you should always check with your tax advisor:

A. Hold the Property long-term and experience the positive cash flow and tax advantages that it provides.
B. Interface with the owner/occupant to have them secure their own loan, thus cashing you out of your investment.
C. Sell your note. National REOs may be able to assist you in identifying a note buyer for your note.
D. Simply make minor up-grades to your property and sell it on the retail market.
E. Make your property Rent Ready, secure a rental broker and rent your property

Question: Is there any type of referral fee available if I refer National REOs to friends or business associates?

Answer: Yes, see your authorized National REOs Sales Representative for details

We are here to answer any questions you may have.