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July 2008 Blog Posts (3)

Contrary to what you may have heard.

According to a recent report by Managing REO Online Magazine dated July 9, 2008 Volume 3 Issue 8

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Housing starts in 2008 are expected to be 36% lower than 2007 levels, creating three straight years of decline.”

Contrary to what you may hear from bullish or optimistic real estate industry guru’s the state of our national economy, credit crisis, high housing inventories, fall of the sub-prime market, closing bank lending… Continue

Added by Jesus (Jesse) Gonzalez on July 10, 2008 at 8:33am — 1 Comment

Yo yo, Yo Hablo Español

So the other day, I was supposed to do an Interior BPO for a listing that got assigned to another one of them infamous out of town agents. It was over the 4th of July weekend, actually - I had called on Thursday, no answer from the Interior contact (the out-of-area REO agent). So I drove by, because I know that this agent uses pretty much the same combo lockbox code all the time, figured I would see if that worked.

But lo and behold, the house was not vacant. Totally occupied. I… Continue

Added by Seb Frey on July 9, 2008 at 12:08am — No Comments

Careful with that foreclosure notice!

Yesterday, I was assigned a new property out in the country. I drove out there after completing a Cash for Keys with a property closer in to town. I approached the subject property and parked outside the driveway. There was a big truck parked by the side of the house - but it was a commercial vehicle, not a personal vehicle. I went down and knocked on the door - nobody home, but by all appearances, someone was still living there.

I went back to my car, grabbed my camara, and took a… Continue

Added by Seb Frey on July 4, 2008 at 12:00pm — 1 Comment

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