Jeremy Foster | Source | Chairman of Calque at Calque
Jeremy Foster
Senior operations and finance executive with strong strategic capabilities and significant M&A experience, including multiple equity rounds, debt recaps, and a 9-digit platform sale to PE.
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Calque
Chairman of Calque
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Calque partnering up with lenders on 'buy before you sell' services
“Michael has a proven track record of scaling the mortgage solutions business, which makes him the ideal candidate to guide Calque through our next growth phase,” Foster said in a statement. “With lending partners now live in 48 states and more launching every week, Michael’s experience leading teams to handle high volume while still providing exceptional lender support will be invaluable.”
Article
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Discover Off-Market Homes: Expert Tips from Calque's Jeremy Foster
Jeremy advises networking as key: stay connected with real estate agents, inform friends, and use social media. He suggests, "Express interest directly in specific properties," either through conversation or a letter, to potentially discover off-market opportunities.
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“We then give the consumer four months to replace us as the buyer,” Foster said. “If it doesn’t get sold to someone else we’re going to buy it.”
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“The consumers who need to use this service aren’t rich to begin with,” Foster said. “Or they wouldn’t have this problem.” He said they give the borrower four months to replace them as the buyer, at a much lower cost than other programs, which typically buy homes for a discount and then flip them for a profit.
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“In a seller's market, a non-contingent loan or a cash offer is more likely to close than a contingent loan,” Foster said.
