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MIRELA MONTE
  • Female
  • North Myrtle Beach, SC
  • United States
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Search for an REO Professional by entering your zip codes in this format XXXXX, XXXXX,
29526, 29527, 29528, 29572, 29575, 29576, 29577, 29578, 29582, 29585, 29587, 29588, 29597, 29598.
I service the following counties.....
Horry & a small part of Georgetown
Enter your state
SC
I have the following REO Certifications, Designations and Memberships
GRI, ABR, REOS, BIC, SC, NC, ALC Candidate

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MIRELA MONTE's Blog

MIRELA MONTE

Lease To Own Agreements: Are They Dangerous?



With the Banks' tightening of the money, there has been a resurgence of Lease to Own Agreements lately. Although these deals are popular with both Buyers and Sellers, they are not to be taken lightly. Here's why these instruments are potentially dangerous:


Dang… Continue

Posted on May 15, 2009 at 9:58pm — 6 Comments

MIRELA MONTE

Free MLS-friendly Virtual Tour - grab it during the next two weeks

Via Real Bird (RealBird Inc.):


Listing presentation courtesy of
Brenda Magness, Brenda Blaser & Pam Yoakum Realty GroupAs many of you may know, the RealBird Listing Publisher service is one of the leading single property websites and listing syndication services. It is a completely free service with an extensive set of features that make it easy for you to market your listings online: through search engines, on classifed sites and social networks. Many of you may also wonder how we actuall… Continue

Posted on March 1, 2009 at 12:51am — 1 Comment

MIRELA MONTE

The Ocean Between Buyer and Seller

I remember the good ol' days when the discrepancy between the Buyer's offer and the Seller's asking price was measured by mere thousands of dollars, signifying 1%-2% of the property's value. That disparity was like a little puddle of water we used to quickly and easily jump over and put the deals together.

Today I presented an offer to the bank for $165,000 less than the original asking price, a 34% reduction in value. Ouch! My advice: "Take the offer!" With 20 other properties competing for th… Continue

Posted on March 1, 2009 at 12:48am — 1 Comment

MIRELA MONTE

Bank A, Neighborhood Z

As a follow up to my earlier blog: "The Ocean Between Buyer and Seller", here is my letter to the bank decision makers, arguing for the acceptance of a price which is $165,000 (34%) lower than the original asking price. This, along with the comps of this neighborhood and the adjoining neighborhoods, pictures and video of other, better priced listings will accompany this presentation tomorrow. Please give me any tips that may help me offer a more compelling argument!

Bank A, Neighborhood Z
6 Mon… Continue

Posted on March 1, 2009 at 12:44am — 1 Comment

MIRELA MONTE

Agents Using Cheap Lockboxes: A Legal Liability Waiting to Happen?

Agents Using Cheap Lockboxes: A Legal Liability Waiting to Happen?

Our MLS lockboxes are very expensive - they cost just above $100. They are computerized lockboxes that take a reading of every agent showing the property. The listing agent can get on the Supra Website (the Lockbox Vendor) and ascertain exactly when the property was shown and the agent who showed it.

The agent's name, telephone number and e-mail address is included, so the listing agent can quickly follow up on the showing and… Continue

Posted on February 23, 2009 at 4:01pm — 9 Comments

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At 1:15pm on November 7, 2009, Stephen D. Johnson said…
Mirela,

We are looking to build a strong team of Realtors to work with in the Hory 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.
At 2:43pm on March 17, 2009, Akin said…
Hi Mirela,

How are you? How is the REO business working out for you so far?
I have been doing it for about a year now, its not bad but looking to trade ideas to improve.
What banks/asset managers have you had success with?
 
 
 

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