Then I would put together an impressive direct mail package and send it out to local real estate offices.

Guess what we found.First we found a busy neighborhood with a few homes for sale and offered to pay for a sign and give them our premium package free...Great advertising.

If so, encountered any problems?

I know the trump trainings use to call their package the M5 also.

They are acting as an intermediary between me, the BK attorney, and Litton...compiling all documentation, ordering the BPO and submitting the package to Litton.

flipflopped,Are you an agent helping individual buyers or do you help in buying REO packages?

I guess I need to go pick up a package . . .

The whole package should not look like it was mass produced.

How do you guys handle the listing agreement requirement and BPO, in the short packages?

That can translate into a lot of qualified buyers that aren't candidates to buy your house.I make sure the listing agent is aware of the potential seasoning issues and have them note on the listing that interested buyers are likely to encounter seasoning issues for funding if they use their own bank, lender or mortgage broker or loan officer.