We are still getting REO assignments from the smaller banks that are not participating in the moratorium and Re assignments. Waiting for moratorium to be lifted. I must say that they need to get the backlog of properties on the market and sold so we can get to a more normal supply and demand situation. Until that happens, prices will continue to drop which is not a good thing.
We are looking to build a strong team of Realtors to work with in the Livingston county area in order to be better able to service our lenders in the disposition process of their REO properties. Please contact us at 888-771-9222 or by email at info@absreo.com. You can also go to our website at www.AbsoluteREOSolutions.com and click on the Join Now button to begin the approval process.
If I lived in a corn patch probably not, if I lived in the mountains probably not, if i lived where there was lots of commercial opportunities and few agents then probably yes.
GMAC, Old Republic, Green River, Single Source, and some other outsource companies. I am still trying to break into the banks. I have only been doing this for four years, so have more BPO companies I work for than REO's. And you?
I believe the REO inventory will deminish and be camoflaged as RTO for the next 5-7 years. Better have a property management division to manage the rent to own and sell it back to the original owner when three years pass. At that point the foreclosure comes off the owners CR.
At 8:50am on September 19, 2009, Kyle Whissel said…
CitiMortgage, Ocwen, HSBC, and then a few random outsourcers.
How about you?
At 10:18pm on September 18, 2009, Larry Dallas said…
Yes I did and I appreciate it, but unfortunately I will not be attending Five Star.
At 10:15pm on September 18, 2009, Thomas Moore said…
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We are looking to build a strong team of Realtors to work with in the Livingston county area in order to be better able to service our lenders in the disposition process of their REO properties. Please contact us at 888-771-9222 or by email at info@absreo.com. You can also go to our website at www.AbsoluteREOSolutions.com and click on the Join Now button to begin the approval process.
How about you?