| RESP and affiliates acquire portfolios of performing and non-performing mortgage notes (NPNs), and Bulk REO assets from banks and other financial institutions. Our mission is to acquire distressed real estate portfolios from lenders, servicing companies, and other financial institutions for below market value. Some of these assets added to a growing portfolio while others are resold at sub-wholesale prices to investors.
With a record number of bank failures and over three million foreclosure filings in 2009, right now is an ideal time to formulate a business model to harvest the opportunities delivered by these events.
Our business model is too:
1. Help banks become profitable by reducing their toxic assets to strengthen their balance sheets and lend more money.
2. Streamline the Bulk REO acquisition process by offering verifiable Bulk REO products at sub-wholesale prices to sophisticated investors looking to yield high returns.
3. Help to restore the dream of homeownership.
We, in turn, offer these assets for sale to private equity funds, hedge funds and other high net-worth investors at very attractive sub-wholesale prices. Our clients depend on us to provide them with verifiable Bulk REO & NPN products that offer value and steady returns.
If you are a bank, other financial institution, direct buyer, seller or professional broker, and are interested in working with a reputable company with integrity, we look forward to hearing from you to offer our services.
Please email us at info@respnj.com or via the Contact Us page. |
