REO Financing

For almost four decades V.I.P. has provided “quick financing” for the purchase of bank and lenders REO’s.

We have provided many millions of dollars of rapid funding to professional buyers who have made offers “all cash, close in two weeks” ..This type of offer, together with a prequalification letter, works wonders with banks and really gives V.I.P. REO buyers a great advantage over non cash buyers…Yes; we can easily close in two weeks from receipt of escrow instructions and preliminary title report. Better yet: We can always close the loan quicker than the seller can.. we have even done 2-3 day closings on occasion.

We saved the best news for last… most lenders charge appraisal fees, processing fees, warehousing fees and other junk fees that add up to $1000-$2000 of extra lender fees. In addition to interest and points… V.I.P. does add the usual Escrow, Title & Recording costs but none of the above referenced hidden “lender” fees.

CALL Us Now at 818-248-0000
For a quick REO purchase quotation.