America's Largest Social Network for Default Real Estate Professionals
Added by Brian Roth on September 28, 2010 at 7:58am — No Comments
Added by Brian Roth on September 28, 2010 at 7:30am — No Comments
Up to 3.5 Percent Seller Assistance; Selling Agent Receives $1,500 Bonus
Added by Lisa Meszaros on September 24, 2010 at 1:04am — No Comments
Do some quick MLS research to find out what Altisource Homes is up to in your market as a listing brokerage. If you are an REO agent you might be surprised to find that Ocwen is listing properties with Altisource Homes offices that are not even in your state. Sure, sellers can list with anyone they want to but local agents should be aware of this growing trend. Why? you ask.…Continue
anyone out there having trouble with the auto acceptor? I was notified of a upgrade and attempted
to do it myself. ( I am no computer guru ) I turned it on and it continues to shut off. I contacted the company
2-3 times and they have given me some things to try but to no avail. I wanted to check to see if anyone
else is having the same problems?
Added by Greg Danska on September 23, 2010 at 11:36am — No Comments
If your a preferred agent with GMAC then you already know this but for those who aren't read below. This is going to get very interesting and I sense some major changes coming from this. I don't know if there's an active moratorium but we've been told that all of our assets were to be placed on stand by no matter what status theyre in as well as all CFK's and evictioons.
Added by Howard Bell on September 19, 2010 at 6:10pm — No Comments
I have found that being in the BPO and REO business is much like playing a competitive sport when you were a youngster. Whether your favorite sport is football, basketball, baseball, soccer or any other sport, one of the first things you were taught was offensive skills, which of course was soon followed by defensive skills. The better you were at both, the more likely that you would be successful at beating your opponent, right?
The same scenario and…Continue
Hello All, I've been a REALTOR since 1999 and I knew the market was coming to a very difficult time in the beginning of 2006. I was referred to a listing and this homeowner did not know what to do. Well I
took my first SHORT SALE in 2006. Did I know what it was?, No I did
not--so I Inquired and asked everyone who that I knew were in this
business for a much longer time than me. All I heard was - Don't do it!
They are difficult. So I listed this first short sale in…
Due to recent industry changes, we at Wells Fargo will no longer be granting any extensions for short sale close dates or postponing foreclosure/trustee sale dates. If you were issued an extension letter dated 9/14 or earlier, those…
Freddie Mac starts new First Look Program which allows homebuyers 15 days to purchase a HomeSteps REO home before investors can write an offer.
In addition to owner-occupant buyers searching for their primary residence, Freddie Mac’s First Look 15-day window is open to buyers who are part of HUD’s Neighborhood Stabilization Program (NSP), as well as…Continue
I kept receiving calls from this lead generating company Reply Real Estate. I always said, "No". Then I received a call from Amber and she told me that it was a 30 day trial "Cancel Any time". I confirmed cancel anytime, I also confirmed that if the leads were no good and did not respond they would credit, she told me I would receive max 3-5 leads. She was so nice and assuring. I said, "Yes". BIG MISTAKE!!!!! I received 8 leads. When I responded and said that none of them were responding…Continue
I have been working for certain valuations company for quite a while.
They have been good to work with. Their format is straightforward, form is easy, no crazy questions you cant answer intelligently...
I got a request to do a slew of vacant land and lot valuations. There was no form, so they sent me a spreadsheet to fill out. No problem.
Some of these were side by side lots in the same subdivision. Hooray, you just…Continue
Added by Chris Butterfield on September 10, 2010 at 10:56am — No Comments
My sister in law as executor of the estate just sold my mother and father in law’s house. She chose a realtor who lived in the neighborhood who also was an reo realtor without a lot of reo inventory right now. (Not an unusual situation) She turned out to be the perfect agent for the job because of her REO background. She took a…Continue
Added by Marcy Moyer on September 9, 2010 at 8:00pm — No Comments
Has anyone found a way to get payment from BrokerPriceOpinion.com? We have not been able to get paid since May. Everyone else pays great except these guys and eValonline but we do not work for them any longer. BPO.com gives me a date but nothing yet. I am putting them on hold as well now.
We are going to the five star conference next week and I hope to find some other brokers with similar problems and see if we can find a remedy. I would appreciate any input.
Added by Richard Snowden on September 9, 2010 at 1:03pm — No Comments
New HUD Process
I had the opportunity to attend a webinar for new HUD listing brokers and there are some changes, I think HUD is improving their customer service and their system, I
have been selling HUD homes since I started in real estate 5 years ago, always
from the buyer side and sometimes it was…
Are we in a declining market or am I the only one to have this feeling?
Here is my BPO litany: “Declining market often indicated by similar property…Continue