Our proprietary database fed by the MLS is live and working in San Antonio and Houston.
We have sent out over 200 offers using this system in both markets.
To date we have closed on 12 properties through this system (~6% conversion rate).
Woodforest National Bank - we finalized our loan agreement with the bank. Summary of terms: $24M loan, 7 year term, 4.25% fixed rate, no prepayment penalty.
We partnered with a 3rd party call center that calls distressed homeowners in Texas on our behalf.
