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REO Professional Agents

Jonathan
  • Male
  • Sacramento, CA
  • United States
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Never Give Up!!

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Profile Information

Search for an REO Professional by entering your zip codes in this format XXXXX, XXXXX,
95816,95817,95819,95820,95822,95823,95824,95825,95826,95827,95829,
95831,95832,95835,95757,95758,95624,95608,95610,95621,95646,95746,
95747,95691,95670,95630,95648,95660,95670,95209
I service the following counties.....
Sacramento, Placer, Eldorado, Yolo, San Joaquin, Riverside,
Enter your state
CA
I have the following REO Certifications, Designations and Memberships
NFSTI/REO CERT
CREB
Multi-Forms User
RES Net Cert
REO Trans Cert
ServiceLink SS Cert
Defalut School In Progress
Five Star Cert In Progress
NRBA on Hold Status

My Bio



Office locations in Sacramento, Riverside & Tracy. Corparate Office Loation is in Sacramento. REO_ 24'/7 From Re-hab Crews, CFK, Evictions.


Jonathan's Blog

Jonathan

Loan Exit Option Program aka LEO Homtelos

There are so many great things to say about the Loan Exit Option program, I don't know where to begin. So I will start from the beginning. When I was initially approached to participate in the pilot of this program, my biggest concern was the stigma that word Short Sale have. Traditional short sales on average take 60 days before a negotiator is assigned to the file. Then an additional 60 days and multiple BPO's before an approval is rendered. By this time buyers are frustrated, sellers are disc… Continue

Posted on October 2, 2009 at 2:55am — 4 Comments

Jonathan

What FHA Buyers & Their Agents Should Know When writing offers on Fannie REO

I've prepared this blog with the hope that it will educate and streamline the process for First Time FHA Buyers and their agents when writing offers on Fannie Mae REO's; of which we should see a large supply in the near future.

Our market has changed and is not a traditional market any longer. As Realtors/Brokers & buyer's we all must adjust. Adjust to the fact that FANNIE Mae’s reo RPA supercedes all State RPAs (Residential Purchase Agreements). Fannie is also exempt from normal closing co… Continue

Posted on May 7, 2009 at 10:30pm — 7 Comments

Jonathan

Pre-Approved Shortsales Breaking Out?

Well, I've bloged about this several months ago. Pre-Approved Short Sales!! I closed my first one 2wks ago and from list to close total time was 40 days. Yes 40 days, I recieved a list price 96 hours after submitting my BPO, which was priced 10K below my BPO value. I got multiple offers within he first7 days on the market and the property sold for 5K more than list price (Closer to my BPO value). My local board rules require us market any short sale as such, which in the past and sometimes hinde… Continue

Posted on April 11, 2009 at 1:27am — 9 Comments

Jonathan

Northern CA Buyer's Agent Wanted!!! ( Lodi & Stockton)

I'm currently looking for a movtivated buyer's agent that can work a growing terriroty in Stockton & Lodi. If you know of anyone looking to get there feet wet in the REO business representing buyers, assisting with MSR and Prop Mgmt, send them my way.


Sincerely,

Jonathan Burgess
Real Estate Broker
NFSTI./REO-BPO Certified



You can send an email to: offer@code3realty.com

Prospects with relationships within the public safety professions are highly desirable!!!

Posted on February 22, 2009 at 11:00pm — 3 Comments

Jonathan

Land Safe Appraisers (Countrywide) Killing Deals!!!

Okay,
Can someone please shed some light on why land safe appraisers are killing sales with their values? A few years ago aren't these the same group of appraisers countrywide was using to do there loans? I have now had 2 deals go sideways because of values from appraisers (of which both have not been from the local area).

As many experienced REO agents know the banks, our clients have an appraisal on file prior to ever listing the property. On one particular home my BPO price was conservative… Continue

Posted on January 11, 2009 at 9:16pm — 4 Comments

Comment Wall (27 comments)

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At 7:41pm on October 28, 2009, Kelly Pietsch said…
Hi Johnathan,

It's been awhile since we talked so I thought I'd drop you a line to say hello! Hope you're well! How's business?

Kelly
At 2:28pm on September 30, 2009, Charity Rebl said…
I guess my question is how did you get on Citi's list? are you attending REOMAC in Hollywood FL this month?
At 11:09am on September 17, 2009, James Clarence Harris Jr. said…
Hi Jonathan,
I'm staying at the Omini as well. see you Sunday.
At 10:56pm on September 13, 2009, Ryan Whitney, RDCPro said…
No, I'm not going to be able to attend.
At 2:46am on July 2, 2009, Tammy Benton Porter said…
Ditto.... I see you are a night owl too.
At 8:38am on June 24, 2009, Charity Rebl said…
Hi Jonathon,

Could you share your citi training info? I work the REO's in South Florida (The Florida Keys)

Would appreciate your input!

Best,

Charity
At 9:24am on June 15, 2009, Ellen Bithell said…
You mentioned getting on the wagon re: pre approved short sales. Any suggestions, you mentioned you were also waiting w/PMH, anyone that you can suggest I sign up with? I also applied w/Prescient, but have not heard anything as of yet.
At 11:20am on May 16, 2009, Tyrone Henderson said…
2 days
At 1:01pm on May 12, 2009, Stacie Cunningham said…
Hey stranger!! I saw you called this am!! Super busy trying to get out to Denver so I will call you when I get home.~Stac
At 8:57am on May 12, 2009, Jesus (Jesse) Gonzalez said…
Well, i finally signed up for HomeTelos and now have my HomeTracker log in information but, I was wondering if you did any "training" at all?

I have a call into HomeTelos and am waiting a call back but, was just curious if you had completed any or any thoughts on the subject all together.
 
 

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