REOPro - Real Estate Default Professionals

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Henry B. Torn
  • Male
  • Chicago, IL
  • United States

Henry B. Torn's Friends

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Henry B. Torn's Discussions

Find out WHEN?

Started this discussion. Last reply by Henry B. Torn Apr 15, 2010. 4 Replies

Big News on FHA 90 Day Title Seasoning REPEALED!

Started this discussion. Last reply by Brigitte Jones Jan 16, 2010. 1 Reply

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Henry B. Torn's Page

Profile Information

Search for an REO Professional by entering your zip codes in this format XXXXX, XXXXX,
I service the following counties.....
Cook, Lake
Enter your state in the 2 letter abbreviation format.
I have the following REO Certifications, Designations and Memberships
Exclusive Buyer's Agent
Exclusive Buyer's Agent in Chicago and Northern Suburbs

Henry B. Torn's Blog

4th Quarter Tsunami of Properties to hit market???

Posted on September 16, 2009 at 10:36pm 4 Comments

Rumor or Fact

I have posted on past blog begging AM's to release more of their inventory to meet buyer demand. I have been hearing 'rumors' lately that there is an anticipated 'dumping' of properties on the market coming up in OCT/NOV/DEC
due to the Bank's need to show profits for the calender year.

Any truth to this? What are you hearing? I certainly invite any feedback from you AM's who might be in the know!

Selling REO's - Fantasy vs. Reality

Posted on September 5, 2009 at 7:48am 3 Comments

Oh the Illusions of Grandeur!!

We have all heard it and deal with it everyday. "I'm looking for a STEAL or really good deal!!" "I want to buy the million dollar property for $400K!!" " Oh and it has to be move in condition"

Perhaps I am wrong for being so candid with my clients and prospects by responding with, " NOT GOING TO HAPPEN!!"


What selling techniques are working for… Continue

Letter from Prospective Homebuyers: "Let More Inventory Out NOW!!"

Posted on August 19, 2009 at 8:57am 16 Comments

As a Buyer's Agent for REO's I want to voice the opinion of so many prospective home buyers out there today.

RELEASE MORE INVENTORY!! We all appreciate the 'measured' approach that Banks/Asset Managment companies are taking to market REO's (Supply) in order not to flood the market and cause prices to decline even further at a more rapid rate. Yet the BUY (Demand) side is screaming for more REO's to hit the market and hit it now!

Clearly there is a very methodical and measured… Continue

Multiple Offers and Highest, Best and Final

Posted on July 21, 2009 at 8:15am 24 Comments

As an Exclusive Buyer's Agent here in the Chicago market, I can tell you that multiple offers for REO properties with it's subsequent, Highest, Best and Final offers is becoming very common. I would like to use this forum to express my utter frustration and anger towards the system currently in place to handle these multiple offer scenarios.

To make it simple; WHY DOES THIS NEED TO BE A 'CLOSED BID' process???? To make it easier and more fair in my personal and professional opinion I… Continue

Comment Wall (7 comments)

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At 9:15pm on February 9, 2010, James Clarence Harris Jr. said…
Hi Henry, the dates are *** Member-Only Reg Opens By 5:00PM PST Monday Feb 8th
Non-Member Reg Opens On Friday Feb 12th. Go to for registration.The cost is $795 for Non-members and that does not include on site courses that are an additional cost.
At 11:22am on February 5, 2010, Rosie Garcia said…
Henry have you got an answer as to how much is the Conference going to cost for non-members yet? if so, how much is it? thanks
At 7:46pm on December 7, 2009, Ignacio Stapleton said…
Hello I really have a solid source we can use. Feel free to give a ring (702) 879-8356 and I will call you back. If emailing works better you can reach me at

At 10:57am on June 6, 2009, Jesus (Jesse) Gonzalez said…
Pretty good actually....but, i guess that isn't good for the country as a whole.
At 7:57pm on June 5, 2009, Jesus (Jesse) Gonzalez said…
Well, how about going through our membership by using the "Advanced Member Search" feature and looking up area codes to agents in those areas and then sending them an email?
At 6:24pm on June 5, 2009, Jesus (Jesse) Gonzalez said…
it's all good, now ya know.
At 4:01pm on June 5, 2009, Jesus (Jesse) Gonzalez said…
Dear, Henry Torn)

Thank you for your recent forum post however after reading it, in my opinion it isn't in line with the REOPro Forum Guidelines.

If you are new to posting to forums, please refer to the forum guidelines located right above the forum section on the main page. Please note that forums are not to be used for advertising or solicitation purposes.

Thank you for your cooperation in this matter and if you have any questions you may contact the site Administrator Jesse Gonzalez. Delete Comment

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