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Steve Elmore's Blog (3)

Financing for a Short Sale Property

Ran into an issue this week - wanted to see if anyone else has ran into it and what happened.

Had buyers, we found the home, knew that it was a short sale, made an offer and it was accepted. During the offer to acceptance, we found out that an investment group had successfully negotiated a short sale and that they would be closing on May 19th, 2010. They would be the ones selling the property to us. Thought okay, we got a good price on a good home, works for the buyers. Buyers…

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Added by Steve Elmore on April 30, 2010 at 5:41pm — 8 Comments

2009 - A New Year

Hope everyone had a Merry Christmas! 2009 is right around the corner!! We should all hit the ground running - get in the game. As it has been said before, we can't control the market, but we can control our participation in the market that is there.

Have a Great New Year!!

Added by Steve Elmore on December 26, 2008 at 8:55pm — 2 Comments

RE: REO Trade Organizations / Designations

How important is it that you belong to a REO organization or have a REO Designation (which have started popping up the last 2 years)? Is there a clear cut answer? I have talked to many people over the years about this. I have attended the Five Star Conference the last 3 years and I have been a member of the NRBA (National REO Broker's Association) for probably 7 to 9 years (not sure). The question you have to ask yourself, is what or how do they benefit you. I have found that the number one… Continue

Added by Steve Elmore on June 4, 2008 at 3:44pm — 2 Comments

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