We will provide our Investors with an updated list every week.

1) The Investor may identify and choose any of the Non-Performing Loan Portfolios or individual Performing loans of interest.

2) We will then need their complete information: Principal’s name, Company name, address, phone, fax, and email address to draw up the Confidentiality Agreement.

3) Once we are in receipt of the fully executed Confidentiality Agreement, Articles of Incorporation/Organization, Corporate Resolution Certification and a color copy of the Principal’s Government issued ID, we will set up the Buyer’s acquisition account and forward a full Credit Package for review and investment analysis.

4) The Buyer will forward us an LOI stating the specific Note(s) they wish to purchase for the price they wish to pay.  They should also include a POF with the offer.

5) After the acceptance of the LOI, a Buy/Sell Agreement and the Assignment of Notes will be created.

6) Once the Buy/Sell Agreement is executed, a 10% Refundable Deposit will be required in Escrow with the Title Company. The deposit will be credited to the purchase price at closing.

7) The Due Diligence period should continue until the Buyer has completed their full evaluation and are ready to close the transaction (should be 5-10 days, with a Maximum of 30 days).  A mutually agreed closing date will be set in the Purchase Agreement.

8) 1 Day Prior to closing, the Buyer will wire all the remaining funds to close into the Title company’s escrow account, with their instructions on how the money is to be spent, i.e., Purchase price, Commissions, Closing Costs, Taxes, etc.  They should also state what company the Notes should be Assigned to (as defined in the Purchase Agreement).  All wire transfers for Commissions will take place within 1 Business Day of the Closing.