who is VRMCO? - REO Property Preservation Forum
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post #1 of 15 (permalink) Old 04-19-2013, 06:00 PM Thread Starter
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Question who is VRMCO?

Has any 1 heard of this company, They sent me an approval letter but I never signed up with them They dont even have a price sheet?

How did they get my infromation? got any clues? i thought i come and see if you the experts can help me solve this riddle?
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post #2 of 15 (permalink) Old 04-19-2013, 06:29 PM
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They may have gotten your information from any organizations you belong to, from a broker you did work for, etc. The "Congradulations" notice is just a gimmick that regionals have started using to suck in the gullible.
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post #3 of 15 (permalink) Old 04-19-2013, 06:57 PM
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I have gotten two unsolicited calls from regionals since I joined this forum, but it could be a coincidence. I also recently opened an account at MFS supply.
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post #4 of 15 (permalink) Old 04-19-2013, 07:08 PM
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Quote:
Originally Posted by Dnmceo17 View Post
Has any 1 heard of this company, They sent me an approval letter but I never signed up with them They dont even have a price sheet?

How did they get my infromation? got any clues? i thought i come and see if you the experts can help me solve this riddle?
Do a search on "VRM Mortgage". They have been discussed very recently. Apparently they are going to contractors direct with a cradle to grave flat fee. All VA properties from what I know



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post #5 of 15 (permalink) Old 04-19-2013, 07:13 PM
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They have contacted us as well this week...want us to do some online training classes to be able to service VA properties
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post #6 of 15 (permalink) Old 04-19-2013, 08:10 PM
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They have contacted us as well this week...want us to do some online training classes to be able to service VA properties
Do your research BEFORE wasting time. I can't make the numbers work for a cradle to grave proposition.



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post #7 of 15 (permalink) Old 04-20-2013, 09:29 AM Thread Starter
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Yes Thanks! I knew I could count on my Blog family to figure it out we did some debris removal work for a guy in our church (at a VERY VERY discounted PRICE) and he apparently works for them? they want us to take some training online but it cost like 200 bucks Like my teenage daughter says "AINT NO BODY GOT TIME FOR DAT "!!!
Thanks I will look for the Thred where they were discussed
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post #8 of 15 (permalink) Old 04-20-2013, 10:37 AM
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I think someone said that they don't pay you properly. They pay a percentage of the pricing and the rest when the property sells. Someone said it on another thread.

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post #9 of 15 (permalink) Old 04-20-2013, 11:17 AM
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There is nothing they offer that is worth your time.It will only cost you money in the long run. They try to sugar coat it and make sound like you are really going to make lots of money. Besides the lender they are the only others who make money at no loss.
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post #10 of 15 (permalink) Old 04-20-2013, 11:32 AM
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There is a lengthy thread on this subject...very detailed...a person that was at their "training" was posting from the session.
On The Facebook PP Information Exchange page...wat too detailed to relay...But I will try to give you the basics

1,000 you maintain the property till it sells
40 cubes
all safety hazards and remedies included
Everything you would do for a HUD property. Board ups...everything
700 in 30-45 days....200 later...100 when it sells...
YOU MAINTAIN TILL IT SELLS...THIS MEANS
lawn cuts
maids
SNOW REMOVALS.....

For more you'll need to go read the thread there are about 350 comments. Like I said the gal was posting from the training session....

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