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  • Hi there - My name is Syed - and I would like to know if you know any asset managers from the banks selling bulk wholesale packages of assets cre commercial sfr residential and notes npn pn

    reagrds

    Syed

  • I wanted to connect with you, since we are in the same industry. I am the founder of www.TheModPost.com, a web based, private labeled software system for loan modifications and short sales. It has NPV, HAMP, and HAFA Tools...ability to auto-generate docs and more. Do you currently use web based software?
  • How is Emigrant mortgage REO working out?
  • Hi Anna,

    I noticed that you were REOTrans certified. Does it make a difference in the number of leads that you receive?

    I have been a member (not certified) with them since the Summer and have not received anything and just 1 look from a bank. Any tips or how to get more business through REOTrans?
  • Can you tell me if you went to the five star conferencin Texas and if so, how it was? Also, can you tell me if you know anything about an reo company called IB Property Holdings, LLC. Thanks for your time and help!
  • got your note -- will have to catch up Sunday night openning get together. I am taking the Short sale class that day.
  • Anna,
    I'm really just getting started and I find that the platform is user friendly. I'm always looking for more business.!
  • um, good question. The best advice I could give is to do an Advanced member search by area code and interview those members. I don't know anyone in particular.
  • Not Southern Pines. My company (Weichert) has an office in Southern Pines. We do work closely with them though.
  • I had a few REO listings from a small asset company back in 2005/06, but concentrated on short sales instead. (Tactical error on my part). Titanium Solutions was very good for assignments, but I actually listed more on my own. So I'm trying to get back some REO work but am only doing BPOs so far: First American Residential Value, Clear Capital, Corporate Valuation Services and USRES being the most consistant.
    REOs in my area of the Cape are about 90% of the sales under $250K but only 10% of the inventory in that same range. They are the consistant movers. Mostly first time buyers and not investors are purchasing them. The short sales are often the better deal in my opinion, but agents and buyers don't want to touch them. Overall REOs are about 1% of our total inventory. I'm not seeing second homes and vacation properties in the REO inventory. It has just been primary homes so far that are showing up. It's a sad sign of the times.
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