ANSWER: Only if the home borrower refuses to cooperate,
then the note owner has Eagle Eyes Asset Mgmt, Ltd proceed with a legal foreclosure.
1. Eagle Eyes Asset Mgmt, Ltd always starts
with being nice, but can and will foreclose using the law to enforce foreclosure.
2. The note Investor expects to receive monthly payments or he expects to take
possession of his asset, the real estate.
o If the home borrower forces Eagle Eyes to
proceed with a foreclosure, even after attempts at being nice and offering to save borrowers credit from further damage, then
foreclosure will be reported on their credit report for non-cooperation.
c. Depending on the State Foreclosure Laws,
the property will be foreclosed on and the property is taken back by EEAM's joint venture with the note owner and placed for sale on the market.
d. Since the Note Investor only paid 55% of
the market value, we will market it way under current market for a quick exit and profit nicely.
e. Eagle Eyes Asset Management, Ltd aligns themselves
with national servicing company’s to assist with all legal procedures.
f. Through a Joint Venture with the Note owner,
the property is sold as an REO listing as quickly as possible, usually takes between 4-6 months.
g. Since this is a private Investor, Eagle Eyes
Real Estate can close quickly without all the red tape associated with the big bank REO’s.