Real Estate Transaction Management Processes

摘要

A real estate transaction management process. A developer and a transaction institution enter into an agreement for the developer to purchase a pool of real estate assets at a price above market value. The pool has REO parcels and delinquent loans, each loan secured by a mortgage encumbering a parcel. Pursuant to the agreement the developer obtains some or all of the encumbered parcels by foreclosure, consent sales, and short sales, renovates some of the REO and obtained parcels, leases some of them and pays part of the rent to the transaction institution, and sells some of them and pays part of the sales revenue to the transaction institution.

主权项

1. A real estate transaction management process comprising: entering into a transfer agreement with a transaction institution to purchase a pool of real estate assets at a price above market value, the pool comprising a plurality of REO parcels and a plurality of delinquent loans, each loan secured by a mortgage encumbering a parcel; and, pursuant to the transfer agreement:
A. obtaining a plurality of the encumbered parcels by one or more of foreclosure, consent sales, and short sales; B. renovating a plurality of the REO parcels and the obtained parcels; C. leasing a plurality of the REO parcels and the obtained parcels to one or more third party lessees; D. paying the transaction institution a leasing portion of lease revenue generated by said leasing; E. selling a plurality of the REO parcels and the obtained parcels to one or more third party purchasers; and F. paying the transaction institution a sales portion of sales revenue generated by said selling.