Module 7: UGLY PAPER – Pools #2
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Module 7 Training Video
(Click Expand Button in Player Controls to Expand to Full Screen)
Other Module 7 Resources:
Power Point Slides for Module 7
Attorney Letter for Defaulted Paper
A Letter from Your Attorney May be the Best Way to Get the Bank’s Attention
Attestation Letter
Is the Seller Direct or Just a Broker? Find Out w/ This Form
Possible Lender Questions
Be Prepared with a Good Answer In Case Your Seller Asks These Questions
Preferred Spreadsheet Format – NPN
Get as Much Information on This Sheet as You Can to Facilitate Pool Purchase
Defaulted Paper Due Diligence Checklist
Be Sure and Check These Items BEFORE You Bid or Buy Defaulted Paper
Sample L.O.I. – General
General L.O.I. for Pools and Sample Mutual Non-Disclosure Agreement
Sample L.O.I. – Intent to Bid on Pools
Letter of Intent to Purchase Specific Pool of Non-Performing Assets
Pool Purchase Contract
SAMPLE ONLY – When Flipping Pools, Contract Will Be Prepared By End-Buyer