Terms & Conditions

REO Prep terms and conditions

REO Prep offers vendor application registration, advertising, listing, professional services, and payment services, as well as a host of value-adding services, as more fully described herein and at www.reoprep.com (the "Site"), as such descriptions may be changed by REO Prep from time to time. In order for you to obtain or continue using the services provided by REO Prep, you must agree to and accept the terms and conditions of this agreement (the "Agreement"). The Agreement sets out the terms and conditions under which you may utilize the REO Prep. Please read this Agreement carefully.

By clicking on the "I AGREE" button, or by acknowledging Your acceptance of the Agreement terms and conditions by any other method allowed by  REO Prep , or by using the  REO Prep Services, You acknowledge and agree that You have reviewed and understand the Agreement and agree to be legally bound by all its terms and conditions. If you do not agree or are not willing to be bound by the terms and conditions of this Agreement, please do not click on the "I AGREE" button, do not acknowledge Your acceptance of the Agreement terms and conditions by any other method and do not seek to obtain or continue using  REO Prep Services.

NOW THEREFORE, You agree as follows:

1.0 Your Capacity and Related Matters. By accepting the terms and conditions of this Agreement, You represent and warrant that (a) You are 18 years of age or older, (b) all information you have provided to  REO Prep is true and correct in all respects, and (c) You will update  REO Prep by e-mail with any changes to information you have previously supplied. You further represent and warrant that you have the legal authority to accept the terms and conditions of this Agreement. REO Prep reserves its right, in its sole discretion, to refuse to provide you with any REO Prep service.

2.1 REO Prep Services.  REO Prep shall provide the  REO Prep Services to you in all material respects in accordance with the terms and conditions of this Agreement and consistent with all applicable laws and regulations.
2.2 Customer Service. During the term, if you are current in payment of all fees owing to REO Prep and are otherwise not in default under this Agreement, REO Prep shall provide customer service to you.

3.1 ID and Password. In connection with your rights described in Section 2.1, You must select an ID and password to enable you to access your application profile. You shall restrict access to such ID, password, and account to your family, friends, and associates. You are solely responsible for maintaining adequate security and control of any and all IDs, passwords, or any other codes for purposes of giving you access to REO Prep services.  REO Prep shall be entitled to rely on information it receives from you and may assume that all such information was transmitted by or on behalf of you.

3.2 Relationship to Merchant Service Providers. You may have enrolled in the REO Prep services via a third party servicer. In addition to any other agreement you may see your service charge appear as REO Prep. You expressly acknowledge and agree that company REO Prep may share information about you and your account with its third party or parent providers.
3.3 Compliance with Law and REO Prep Guidelines. In connection with the exercise of Your rights and obligations under this Agreement (including, without limitation, any related to individual privacy), you will comply, at your own expense, with all laws, policies, guidelines, regulations, ordinances, rules applicable to you without limitation, the rules promulgated by the Credit Card Associations, the Federal Trade Commission, the electronic communication rules of the CAN-SPAM Act, and the privacy requirements of the Gramm Leach Bliley Act and regulations thereof. You shall comply with all the current policies, procedures and guidelines of REO Prep governing the REO Prep Services.  You shall not use the REO Prep Services in any manner, or in furtherance of any activity that may cause REO Prep to be subject to investigation, prosecution, or legal action.

Data Collection, Privacy and Security.
4.1 REO Prep Obligations.
 REO Prep will collect, retain, and disclose information and data collected from you (including data associated with the REO Prep Services) in accordance with the Services Documentation.
REO Prep , its subsidiaries, Merchant Service Providers, partners, suppliers and/or their agents/contractors may transfer data amongst themselves as necessary for the purpose of the provision and management of  REO Prep services, and that  REO Prep may further transfer data: to third parties assisting  REO Prep in evaluating your eligibility.

Fees.
5.1 REO Prep Service Fees. 
You shall pay to REO Prep and or one of its affiliates REO Prep the fees set forth in the Fee Schedule, which is hereby incorporated into the terms of this Agreement by reference. Notwithstanding anything to the contrary and if agreed upon by the parties, a merchant Service Provider may charge, bill, and collect such fees from you, in the amounts stated in and in accordance with the terms and conditions of the agreement between

5.2   Returned Payment Fee. You shall pay to REO Prep a "Returned Payment Fee," in the amount set forth in the Fee Schedule, each time REO Prep attempts to debit your depository account or charge your credit card for any amounts owing under this Agreement and receives a returned item or decline message from Your bank.

Payment Terms.
6.1 REO Prep Bills You. 
6.2 Billing Terms. Billing shall begin on the Effective Date. REO Prep service fees are due and payable. Termination of Your authorization shall result in termination of any and all REO Prep Services. It is furthermore understood there are no refunds. REO Prep service application fees are due and payable upfront prior to review. In the event of rejection, or application denial applicant shall not be entitled to any refunds. All agent or vendor registrations are month to month with a 30 day cancelation notification policy in writing. Furthermore you may cancel your registration online or you may email customer service your cancelation request.
6.3 Disputes. All disputes must be made in good faith and in writing within (14) days of the billing date. Fees billed shall be deemed accepted where written objections are not logged within such (14) day period. In the event an applicant dispute arises upon completion of the registration or listing process customer hereby agrees such dispute shall be considered void as the service has already been completed. Customer agrees a dispute charge may apply.

DISCLAIMER. THE REO Prep SERVICES ARE PROVIDED ON AN "AS IS," "AS AVAILABLE" BASIS WITHOUT ANY REPRESENTATIONS OR WARRANTIES. REO PREP DOES NOT REPRESENT OR WARRANT THAT THE REO PREP SERVICES WILL BE AVAILABLE, ACCESSIBLE, UNINTERRUPTED, TIMELY, SECURE, ACCURATE, COMPLETE, OR ENTIRELY ERROR-FREE. YOU MAY NOT RELY UPON ANY REPRESENTATION OR WARRANTY REGARDING THE REO Prep SERVICES BY ANY THIRD PARTY IN CONTRAVENTION OF THE FOREGOING STATEMENTS. YOU UNDERSTAND AND AGREE THAT REO PREP SHALL BEAR NO RISK WITH RESPECT TO YOUR ACCEPTANCE OR REJECTION WITHOUT LIMITATION, ANY RISK ASSOCIATED WITH CREDIT CARD FRAUD OR CHARGEBACKS.

7.1 Your Warranties. You represent and warrant that all representations and statements made by You in this Agreement, or in any other document relating hereto by You or on Your behalf, are true, accurate and complete in all material respects. You hereby authorize REO Prep to investigate and confirm the information submitted by You herein. For this purpose, REO Prep may utilize credit bureau reporting agencies and/or its own agents.
7.2 Third Party Programs. You acknowledge that the REO Prep services are designed for use with certain third party programs, including, without limitation, certain Internet browser and software programs developed and owned by third parties. You will look solely to the developers and manufacturers of such programs with regard to warranty, maintenance or other support regarding the same.

LIMITATIONS OF LIABILITY AND DISCLAIMERS.
LIMITATIONS. UNDER NO CIRCUMSTANCES WILL: (A)  REO Prep OR ANY OF ITS AFFILIATES OR VENDORS (OR ANY OFFICERS, DIRECTORS, EMPLOYEES OR AGENTS OF THE PARTIES, OR ITS PARENTS, AFFILIATES OR VENDORS) BE LIABLE FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL OR EXEMPLARY DAMAGES (HOWEVER OR WHENEVER ARISING), INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOST REVENUE, ANTICIPATED INCOME OR SERVICES, LOST OPPORTUNITY OR  COST OF PROCUREMENT OF SUBSTITUTE SERVICES, UNDER ANY THEORY OF LIABILITY OR CAUSE OF ACTION WHETHER IN TORT (INCLUDING NEGLIGENCE), CONTRACT OR OTHERWISE, REGARDLESS OF WHETHER IT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES; OR (B)  REO Prep TOTAL LIABILITY TO YOU, WHETHER ARISING IN TORT (INCLUDING NEGLIGENCE), CONTRACT OR OTHERWISE, UNDER THIS AGREEMENT OR WITH REGARD TO ANY  REO Prep  PRODUCTS OR SERVICES, EXCEED THE AGGREGATE COMPENSATION  REO Prep RECEIVED FOR PROVIDING SERVICES TO YOU.

You hereby agree to the terms and conditions outlined in this agreement.

*Charges to your credit or debit card may appear as REO Prep.