As the Aetna Trust Property seller’s representative, I truly enjoyed working with you on the sales transaction. Your entire acquisition team from the lender to escrow to title performed seamlessly until closing. As you know, we had spoken with other investors who expressed interest in our property but could not perform with acceptable terms especially in this marketplace. You were not only able to purchase our property but also able to do it on time and according to our agreement. From the first time we spoke on the phone I knew I was working with a seasoned residential property investor.
Greg, please let others know that…if you want to “cash out’ quickly and with certainty, I highly recommend Greg Falvo and Millenium Properties as buyer for your property!
Gladys, my husband Glenn and me would like to take the time to write this letter of thanks regarding the sale of our Vale Avenue property.
The entire situation was very difficult for the entire family (myself, my husband Glenn and my 92 year old mother Gladys). We had lived in the property for decades and we didn’t want to sell. We had to sell. Both Glenn and me had lost our jobs. Gladys was on a small, fixed income. It was not nearly enough to pay the loan on the property.
We were over a year behind in payments. The property was in foreclosure and a Trustee’s sale was coming. We had known Greg for many years and we decided to contact him to see if he could help.
Greg and his team at Millenium Properties immediately sprang into action. They contacted the lender with an all-cash offer and were able to stop the lender from going forward with the sale. We had asked Greg if he could get us extended time in our home. He was able to do that and more!
Finally, after several months of additional free time in our home, we all knew it was time to finally sell the house. The transaction was actually a short sale. We owed much more than the actual value of the property. At about this time, our original lender sold the loan to another company. The company was called BSI Financial and they turned out to be EXTREMELY DIFFICULT to work with!
It took another year to finally work through the transaction. At the end, BSI almost sold the property out from under everyone. If not for the exceptional skills of Greg and his team, it would have been a worse-case scenario for all involved!
Millenium was able to pull a rabbit out of the hat at the last minute by completing the short sale successfully (which included getting 100% forgiveness on a Bank of America 2nd lien), salvaging what was left our credit and getting us substantial relocation money to boot!
We were able to go on with our lives with dignity and get a fresh start. All we can say to Greg and his team at Millenium is, thanks a million for all of your help!
In the past 6 years that I’ve worked with Greg Falvo, it’s been an adventure in creativity, “brainstorming” and strategy!
Many times I’ve been challenged to fill in the blanks between the “A” to “Z” format of a transaction, with Greg running 100 miles ahead of the structural headaches of escrow. But, the wheels never got off tract, and together we’ve successfully closed well over 150 escrows, to everyone’s satisfaction!
Our teamwork is dynamic!
I want to take a quick moment and write to you thanking you and your representation of Millennium Properties in the selling of our home located 23025 Ashwood Lake Forest Ca 92630 .
It has been a pleasure dealing with you and not only were you not intrusive to our lives during what we found to be a difficult time, you took care of issues we were never aware of and you handled them with utmost professionalism and resolve that again did not add to our frantic state of being.
As we explained we were not just moving a house we were moving a lifetime, since my wife and I have been together for over forty years and you assuaged our issues with understanding and clarity.
When we contacted Millennium Properties, you were our contact and described what you were going to do and how it would progress and to only contact us when needed, which you did. We explained what were looking for in selling our home and you met those agreements and expectations.
We thank you and will recommend you to those we meet that are looking to sell and relocate.
Just a little levity to this recommendation, for those who are willing to take a moment to read this, is the fact once the wheels were in motion, they sure went fast!
This letter is to inform you that, in spite of unforeseen complications, Greg Falvo and Millenium Properties conducted a successful short sale on my property in Mammoth Lakes CA from 300 miles away in Santa Monica. I had an over-encumbered home in Mammoth Lakes, Ca. My long-time local realtors strongly advised against a short sale. I had been told that the local realtors were not experienced in the short sale issues, complications and that dealing with the banks can be tricky. The realtors were frequently surprised with the banks lack of commitment and habit of backing out at the last minute. Seeing the ad in the LA Times, I contacted Mr. Falvo. I did not know him or any other short sale specialist before seeing this ad. It became obvious during our first phone conversation that he was knowledgeable in the area of short sales and he won my trust. The transaction had multiple issues: extensive remodeling, a seasonal resort location, skittish buyers, complicated tax issues affecting the seller, a huge difference between the loan principal and current market value, and bank reluctance to put in writing what they committed to verbally. Perhaps the trickiest issue was the refusal of local escrow and title companies to deal with a title issue involving the properties prior transfer into and out of a trust. Ultimately, Mr. Falvo, Millenium Properties and his team of escrow and title professionals were able to surmount all these issues to complete the short sale successfully.
As long-time investors with Millenium Properties, We’d like to comment on our experiences.
Raquel and myself became aware of Millenium Properties, of all places, via a sign on a telephone pole in 2012! Intrigued, but with a reasonable amount of skepticism, we took down the number and called.
We met with Greg at a local Mcdonalds. From day 1, we felt comfortable with his program. He explained the process of being a private lender from A to Z. We initially invested $200,000.00 with Millenium Properties on a rehab project. The project went well and we earned a handsome profit.
Subsequently, we’ve invested in over a dozen highly successful projects with Millenium, all of which have been very profitable.
Greg and his team at Millenium have demonstrated the highest degree of professionalism, service, character and integrity over time.