REOPro - Real Estate Default Professionals

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Michael Babbitt
  • Male
  • Portland, OR
  • United States

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Profile Information

Search for an REO Professional by entering your zip codes in this format XXXXX, XXXXX,
I service the following counties.....
Washington, Multnomah, Clackamas
Enter your state in the 2 letter abbreviation format.
I have the following REO Certifications, Designations and Memberships
Certified Short Sale and REO Property Specialist
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Michael D. Babbitt
Tel: 503-770-0355
Fax: 503-406-2116
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Michael Babbitt's Blog

Payments and Promissory Notes for Second Lienholders in a Short Sale

Posted on March 18, 2010 at 5:29pm 1 Comment

Payments and Promissory Notes for Second Lienholders in a Short Sale

This questions was asked by someone in a different listserve that I belong to but would like to share with this group and get your take on it. I have included the original question in…


USRES BPO to Listing Ratio

Posted on August 22, 2009 at 12:36pm 20 Comments

We have been doing BPO's for USRES for a while and when we first started they had a 10:1 ratio. Meaning if you did 10 BPO's you would be assigned a listing. Then in May they said because of a lack of inventory they were changing it to 15:1. Now we are seeming to be up to 30-40 BPO's per listing and Vendor Management hasn't really responded to any inquiries. I was wondering if anyone else is experiencing the same situation with them.

Thank you,

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At 10:33am on March 10, 2010, Anja Howard gave Michael Babbitt a gift
Thanks for the request. I hope 2010 brings great success for all of us working hard in this market. ~Anja Howard
At 4:38pm on December 16, 2009, Addie D Scharff said…
Thank you for connecting, Michael! HAPPY HOLIDAYS!!

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