Every Seller is different and some sellers may require more or less paperwork to complete a bulk portfolio deal, however
this page can give you a general idea of what to expect.

Typical Transaction Procedures:    
1. Register with GPS using our Investor Profile Sheet
2. Consult with a GPS REO/Note Negotiator to review your needs.
3. Complete the additional GPS and/or Seller Paperwork (which may include some or all of the following):    
• “Confidentiality Agreement    
• “Non-Circumvent Agreement”    
• “Fee Agreement”    
• “Proof of Funds Authorization”    
• “Order Preferences”    
4. Seller's attorney or escrow agent will then verify “Proof of Funds” (hard proof)    
5. GPS will work with the seller to match your preferences to seller's available assets.    
6. GPS will provide asset tapes from seller for your review - letting you know if these are "exclusive" tapes solely for you or if they are
available to other "shoppers."     
7. You will then review list during the "exclusivity period" (if any) and make a decision on the offering.   
8. If you want to move forward, you will create a “Letter of Intent” and make an “Indicative Bid”
9. If the seller accepts your bid, then you will wire a “Holding Deposit” to escrow (amount required depends on the seller)
10. Meanwhile, you'll proceed forward with your "Due Diligence” review of the assets in the pool.
• Typically you'll have 7-14 days to review the quality of the assets (depending on size of pool) to confirm that the assets in the pool
are what you desire. If there is any question or concern, this is the time to discuss such matters, renegotiate with the seller, and/or
withdraw your bid and Letter of Interest (while also requesting a release of your deposit from escrow)
11. If you complete your Due Diligence without concern and want to proceed forward, then you will elect to make a "Bid
Commitment" for a final price.
• At this point, your deposit "goes hard" and may be non-refundable (depending on the sellers terms)  
• In addition, you must escrow the balance of funds (usually within 72 hours).  
12. You close directly with the seller via the escrow agent.






   
Frequently Asked Question: "Why should I use an Escrow Agent?"
Escrow agents provide an important firewall between Banks, Investors and Brokers during the various stages of a bulk Note or REO
transaction. Typically they can facilitate collection of the various documentation and often perform certified chain of title checks --
providing a third party confirmation that everything is exactly as presented. The obvious benefit of this last function is that a discovery
of a problem in title will usually eliminate a transaction that should have never began in the first place - thus saving all parties time and
money!



If the above sounds like something you are interested in, please contact us to explore how we can work together, please use the
LINKS on the RIGHT SIDE of the page to learn more (or) please call us to speak with one of our principals in the REO/Note
Department, please choose from the following:
--In Tampa Bay, FL (handling the Eastern US), call Michael Stoppa at 813-843-6599.
--In Newport Beach, CA (handling the Western US), call Mitchell Roye at 949-725-9282

Thank you for taking the time to consider GPS as your source for bulk portfolio's. We look forward to a mutually beneficial, long-term
relationship with you.
GPS REO LIQUIDATIONS
Get Started Today!

We invite you to complete a
confidential, no obligation investor
profile sheet.

Simply download the following
form...
 Investor Profile Sheet

When you have it completed, you
can either email is to us at
gps@genesispropertysolutions.org
or fax it to us at 813-200-3324.

We will review your request and
contact you. Upon speaking, if it
appears that we can meet your
needs, we'll move forward
through the process with you and
collect additional information.
LEARN MORE

To learn more about the REO &
Note Purchase PROCESS we
follow, please click here.
INVESTOR LEVELS

To learn more about the different
investor levels we service and
possible exit strategies,
please click here.
DOWNLOAD FORMS

For a more complete list of the
forms we use, please visit our
DOWNLOAD area.
Michael Stoppa
REO/Note Principal - East Coast
Phone: 813-843-6599
Email: michael@genesispropertysolutions.org
Mitchell Roye
REO/Note Principal - West Coast
Phone: 949-725-9282
Email: mitch@pacificoakres.com
Lost in the dreaded "REO
MAZE?"










Let GPS guide you in the right
direction!