Dan Cassel has been involved in Real Estate Mortgage lending and assisting in sales of commercial and residential property since 1994. Thru long term affiliations our team has become very involved in Bulk REO sales and Financing.  How does it work in the current Bulk REO market? In opening, Banks do not deal with the public so companies like ours are selected to bring the product to the market. We have experiance, contacts and solutions and can deliver property for acquisition.  Large amounts.  A. Most Bulk REO sales occur in big amounts. The banks package up amounts in the 25-50+ million dollar range. They are then giving to intermediaries who break down into smaller amounts.. say 2 million to 10 million, depending on the types of Real Estate and areas.  This is how they get to the market B. Cassel Financial deals direct with these intermediaries C. We are 1 step back from Banks, as close as buyers can get. D. We have several sources of residential and commercial properties available nationwide and get the job done. We can provide grant deeds to substantiate our teams sales. E. We have Bulk properties in residential or commercial areas and in many states.  BULK REO PURCHASE STEPS: Typical protocol A. We do a telephone evalution of proposed bulk B. we may send sterialized list without street addresses to interested parties C. receive proof of funds (POF'S)  D. We then send out unstrerilized  list" of properties tailored to clients request   E. Receive letter of interest (LOI) F. Sign formal purchase contract  G. enter due diligence period H. allow a few days for closing and transfer of funds and title recording I. fees wired to brokers and intermediaries.  To Learn more please call Dan Cassel direct at 800-893-3304