Maximize Profits by Turning your REO Portfolio Quickly Traditional REO Holding Costs - 6 Months PAX Forward Flow - 75 Days Commission 5% on $450K $22,500.00   Commission $0.00 BPO $100.00   BPO - (free / placement of 5 or more REOs) $0.00 Daily Costs (based on 180 days @ $250) $45,000.00   Daily Costs (based on 75 days @ $250) $18,750.00 Title Fees $2,000.00   Title Fees $2,000.00 Eviction $750.00 VS Eviction $750.00 Cash for Keys $1,000.00   Cash for Keys $1,000.00 Vendor Management $2,000.00   Vendor Management $0.00 Maintenance $300.00   Maintenance $300.00 Repairs per REO   Repairs per REO $73,650.00   $22,800.00 All Costs are Estimates *   All Costs are Estimates * A Difference of $50,850.00 per REO! Why Choose PAX - Home Auctions Inc.? Live and On-Line Auctions 365 Days a Year Non-Contingent Buyers Only! No Real Estate Commission Paid by the Bank No Negotiating 75 - Day Turnaround Comprehensive BPO Multiple Qualified buyers Bid on your REO's Interior Cleaning and Trash-Out Yard Maintenance Vendor Management Occupancy Status Auctions Held at the Property Comprehensive Marketing Plan and Materials Licensed Real Estate and Loan Agents Management Reports DRE Approved Forms

* Cleaning, Maintenance, Utilities, and Marketing Costs to be Determined.