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Foreclosed Homes Blog


	Pros and Cons of Purchasing a Foreclosure Auction Property

	There are many properties being offered at foreclosure auctions across the nation right now. Some are good investments and others are not. Read More

	How to Purchase a Fannie Mae Foreclosure Property

	Purchasing a Fannie Mae property in my opinion is the easiest and best way to go right now if you are looking for a foreclosure property. Fannie Mae is government run. Read More

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General Information

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Address 1 *

Address 2

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Investment Information

Investment Type Preference*

Investment Property Type

	Single Family Home:			Condominium :

	Town Home:			2-4 Units:

	Vacant Land :			Office Building:

	Apartment Property:			Industrial Property:

	RV Park:			Other:

Number of Properties purchased in the Past Year?*

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Confidentiality Aggrement

CONFIDENTIALITY AGREEMENT
In connection with the consideration of a possible business relationship (the "Transaction") between Foreclosure Home Investors and member each party will have access to certain business and technical Confidential Information (as defined below) of the other party.  In consideration of and as a condition of a party (the "Disclosing Party") furnishing access to its Confidential Information, the other party (the "Receiving Party"), agrees as follows:
1. CONFIDENTIAL AND PROPRIETARY NATURE OF THE INFORMATION.
The Receiving Party acknowledges the confidential and proprietary nature of the Confidential Information and agrees to hold and keep the Confidential Information confidential and protected as provided in this letter agreement.
2. CONFIDENTIAL INFORMATION.
The term "Confidential Information" means and includes any and all trade secrets and other matters concerning the business and affairs of the Disclosing Party and provided to the Receiving Party, including but not limited to: product specifications, data, know-how, formulae, compositions, processes, designs, sketches, graphs, drawings, samples, inventions, research and development, manufacturing or distribution methods and processes, customer lists, current and anticipated customer requirements, price lists, market studies, business plans, computer software and programs (including object code and source code), computer software and database technologies, systems, structures and architectures, know-how, discoveries, concepts, ideas, designs, methods and information, that is marked as confidential or, if orally disclosed, is designated as confidential at the time of disclosure.
3. RESTRICTED USE OF CONFIDENTIAL INFORMATION.
The Receiving Party agrees that the Confidential Information (a) will be kept confidential by the Receiving Party and its representatives and (b) without limiting the foregoing, will not be disclosed to any person except with the specific prior written consent of the Disclosing Party or except as expressly otherwise permitted by the terms of this agreement.
It is understood that the Receiving Party may disclose Confidential Information only to those of its representatives who (i) require such material for the purpose of evaluating the Transaction and (ii) are informed of the confidential nature of the Confidential Information and the obligations of this agreement.  The Receiving Party further agrees that it or its representatives will not use any of the Confidential Information for any reason or purpose other than to evaluate and negotiate the Transaction.
All of the foregoing obligations and restrictions do not apply to that part of the Confidential Information that (A) was or becomes generally available to the public other than as a result of a disclosure by the Receiving Party or its representatives: (B) was available, or becomes available, to the Receiving Party on a non-confidential basis prior to its disclosure by the Disclosing Party, or (C) any information that was independently developed by the Receiving Party.
4. LEGAL PROCEEDINGS.
If the Receiving Party or any of its representatives are requested or become legally compelled or is required by a regulatory body to make any disclosure that is prohibited by this letter agreement, it will provide the Disclosing Party with prompt notice of such request so that it may seek an appropriate protective order or other appropriate remedy.
5. RETURN OF CONFIDENTIAL INFORMATION.
If the Receiving Party determines that it does not wish to proceed with the Transaction, then (a) it (i) will promptly deliver to the Disclosing Party all Confidential Information, together with all copies and summaries thereof in the possession or under its control or (b) alternatively, if the Disclosing Party requests, the Receiving Party will destroy all documents or other matters constituting Confidential Information.  The Receiving Party must confirm any such destruction in writing to the Disclosing Party.
6. NO REPRESENTATIONS OR WARRANTIES.
Neither Party makes any representation or warranty (express or implied) concerning the completeness or accuracy of the Confidential Information, except pursuant to representations and warranties that may be made in a definitive agreement for the Transaction.  Nothing in this agreement requires either party to enter into the Transaction or to negotiate such transaction for any specified period of time.
7.INDEMNIFICATION.
The Receiving Party will indemnify and hold the Disclosing Party harmless from any damages, loss, cost, or liability (including reasonable legal fees and the cost of enforcing this indemnity) arising out of or resulting from any unauthorized use or disclosure of the Confidential Information or other violation of this agreement.
8.MISCELLANEOUS.
(a) Modification.  The agreements set forth in this agreement may be modified or waived only by a separate writing signed by both parties.
(b) Waiver.  The rights and remedies of the parties to this agreement are cumulative and not alternative.  Neither the failure nor any delay by any party in exercising any right, power, or privilege under this agreement will operate as a waiver of such right, power, or privilege, and no single or partial exercise of any such right, power, or privilege will preclude any other or further exercise of such right, power, or privilege or the exercise of any other right, power, or privilege.
(c) Severability.  The invalidity or unenforceability of any provision of this agreement shall not affect the validity or enforceability of any other provisions of this agreement, which shall remain in full force and effect.  If any of the covenants or provisions of this agreement are determined to be unenforceable by reason of its extent, duration, scope or otherwise, then the parties contemplate that the court making such determination shall reduce such extent, duration, scope or other provision and enforce them in their reduced form for all purposes contemplated by this agreement.
(d) Assignment.  Neither party may assign the agreement and any of the rights under this agreement without the prior written approval of the other party.
(e) Governing Law.  This agreement will be governed by the laws of the State of California without regard to conflicts of laws principles.
(f) Counterparts.  This agreement may be executed  in counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same document.

I accept the Terms of Use and will abide by the Confidentiality Agreement *

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