Deborah London

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Deborah London replied to Margarita Villoch's discussion Banker REO

"Run away as fast as you can. This is a scam. After you pay to sign up, they hand out BPO orders of properties that may be already in escrow, or near to foreclosure. They appear to give legitimate reasons for needing a "2nd" valuation, but don't…"

Deborah London replied to Steve Cardinalli's discussion FootprintRE

"Yes, Bankers is...was definitely a scam. I did a BPO for them and never got paid."

Deborah London posted a discussion

Bankers REO

Has anyone heard of this company or done any work for them? It's hard to know who is legitimate & who is not. Thanks in advance for your comments.

Deborah London posted a blog post

How many Trustee Sale date postponements are usually allowed? How about 7!

I just completed a long sale, usually called a short sale (LOL) , as a listing agent that truly amazed me. I grew from hating the 1st TD holder to being grateful to them because they finally got things right. This 10 month ordeal began with 9 …

Deborah London replied to Robert Stiles, SFR's discussion IAS Payment Issues

"When I closed an REO with them this year, they never reimbursed me $72 for the city report I paid for, even though I subitted the invoice twice-once when the charge occurred and 2 mos later at closing. They did pay me about 4 months after closing…"

Deborah London replied to Dianne Clayton's discussion Who uses a MAC with Equator / ResNet...

"I have been using Macs for 2 years now and I love them much more than PCs. I foirst bought my desk top for home, then immediately got the laptop I take every day to my office. I do find some web sites that are not happy with Mac. One is RES.NET. I…"

Deborah London replied to Kasey R. Chance's discussion I NOTIFIED EMORTGAGE THAT I CHANGED BROKERAGES AND THEY CANCELLED ME...

"Yes, that's their policy. I am shut out because another agent in my office was approved first by them. Fannie & Freddie have the same policy so I am out of luck with those accounts as well. I was approved by Clear Capital for BPO work 3 yrs ago, but…"

Deborah London replied to Tamara Henry's discussion Res.net AMP

"I upgraded to AMP just a handful of weeks ago and no increase in business yet. I think it's too soon to tell. I do expect an increase!"

Deborah London commented on Deborah London's blog post Are you a LAMCO agent?

"Trina, I have received 2 BPO orders this year from LAMCO-no listings yet. I like that they send exclusively to 1 agent-not global blasting to many agents at the same time. To be promoted to LAMCO you do need membership (at least basic) in…"

Deborah London commented on Matt Z's blog post What is going on with Altisource, Ocwen listings

"Thank you all for these comments. I was recently accepted with Altisource and now I know not to accept any assignments. Yolanda, did you paid back for the trash-out, or did they pay for it?"

Deborah London posted a blog post

Are you a LAMCO agent?

I'm a member of the LAMCONetwork and just signed up in their group on LinkedIn. I read some past discussions & noticed that the account executives & AMs will start a discussion if they need a REALTOR in a certain state & town! They also sometimes…

Deborah London posted a discussion

Ocwen Valuation Products

What is a data order? Do any other companies besides Ocwen request these often? I have done a lot of BPOs and not heard of this product. Thanks for your replies.

Deborah London replied to Denise Stovall's discussion Harris Real Estate University and Titanium Solutions and Excellen REO

"I have just canceled my Harris U membership. I wasn't getting enough out of it to justify the expense. I also had technical problems on a call or two, like you, Denise. They are still sending me daily emails so maybe they forgot to take me off the…"

Deborah London replied to Rowland Fellows's discussion New listing agent for BofA

"Some of you have been asking where to sign up for B of A. I found the link:

http://nfsti.com/bank-of-america-reo-agent-application/

I hope this helps. There should be plenty of business to go around."

Deborah London replied to Rowland Fellows's discussion New listing agent for BofA

"I have an application that you could fill out to sign up with B of A. I signed up weeks ago through a link someone gave me. Then the next day the General Mgr of my company send me an application. If you write me at dlondon@remax.net, I can forward…"

Deborah London replied to Chanin Zaragoza's discussion Meridian Asset Services

"Good to know how they operate. I am glad you had a positive experience and I wish you many more REOs! Let's keep in touch. We can learn a lot from our networking."

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Comments

ELEY ROZEN May 12, 2010 at 12:49pm

Red Ribbon
Deborah London February 6, 2010 at 7:18am

Henry, I understand your frustration and I've only been working the bulk side of REOs for two months. My buyer is looking at a couple tapes at the moment, but I fully understand that this road can lead to nowhere. I chatted yesterday with a smart fellow who spent two full years and no transactions resulted for him. My buyer, just as of yesterday, is now willing to consider 1 good deal off the MLS to fix & turn, in addition to finding the bulk buys. He'll buy builder-close-outs so I'm confident I'll find an about-to-be-belly-up Builder here in CA or ?? I have a Broker friend of mine looking for desperate builders in San Diego County.
Henry B. Torn February 6, 2010 at 3:10am

Deborah,

Any luck securing a REAL provider of Bulk REO's? I'm frustrated with this!!
Deborah London January 24, 2010 at 1:33pm

No, unfortunately not. I just had foot surgery and it's still difficult to walk easily. I had a fun time with you in Ft Worth last year also. I suppose Five Star will have another conference this year. Have you heard anything about it?
ANGELICA SUAREZ January 24, 2010 at 1:21pm

hi Deborah,

are you going to the REOCON this weekend? if you go let me know, we can hang out. it was verny hanging out with you at FIVESTAR.
Deborah London January 15, 2010 at 4:37am

Good morning AL. I'm delighted to be your friend. Sharing ideas and advise is helpful to everyone.
Albert W. Jackson January 14, 2010 at 7:10pm

Hi Deborah, Thanks for the comment and as of yet I haven't moved forward with joining Stephen's company but I would appreciate any future comments and or recomendations from you if you choose to join. Either way, welcome and I hope you don't mind if I add you as a friend.
Deborah London January 12, 2010 at 12:40pm

Sure.
Jesus (Jesse) Gonzalez January 12, 2010 at 12:34pm

Re-post as a forum thread please.

Do any of you listing agents have 5-10++ properties from one bank who would like to package them together for one swift sale? I am representing an REO residential bulk buyer looking for properties from one bank most anywhere in the US. Can anyone help me locate properties for him? He will also consider a builder close-out, if all the properties have been completely built (missing carpet, tile, or appliances is ok.)

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