Birthday:
February 17
"Had to interveiw with the BofA asset management manager. Here is Riverside County Ca they are not releasing anything yet. I do hope they hurry. The number use to be 37 now 3. None are new. It was who you know got appointment through another listing…"
"Don't forget the smoke detectors, batteries, and the water heater strapping here in Ca."
"It is interesting to hear what goes on in different markets. Here in S. Ca. a bank owned home is rarely on the market for longer that 5 days, with 25 or more offers on it. Short sales are taking 6 months or more and buyers are shying away from them."
"Thank you to those agents that understand that other agents are going to use your sale as a comp for future bpo's and put relevent info in agent remarks and pics that show condition, and upgrades."
"I do not understand if the banks want a local agent to sell their property why would they not want to make sure they had a local appraiser. I understand that they can no longer choose the appraiser but there needs to be a way to confirm their…"
"Well here is a small note for short sales. The portals are starting to make protocol to process short sales through places like Reotrans. They released this information at the 5star convention. I am hoping this will streamline the process.
Reotrans…"
Reotrans…"
"The best bet for FHA seems to be if you can find a fannie mae owned home. There will be better roads ahead we just have to wait and see what the government is going to propose for the banks for short sales or foreclosures. Once the banks know what…"
"Sounds like a meet to me. Thanks"
"And do not forget to tell your sellers that Bank of America will reserve the right for a deficiency judgment for a future date. I am not sure why anyone would agree to that."
"All of the agents I know that work on ROETrans and RESNET have accounts with the banks directly and just use these sites as a portal. These are not how they established their contact. First was asked on by an asset manager then had to sign up with…"
"Countrywide/ BofA had stopped releasing homes back in Oct of 08. Mid July of 09 they had a large release, 3 listings for each agent. They seem to now be doing 2 listings for each closing. Trying not to make the news. If they released all their…"
"It seems here in So Calif. that the banks are starting to release inventory just slowly. I think the last thing they want is to make this release news worthy. I work with BofA and it seems the they have been releasing 2 for each one that closes.
I…"
I…"
"Sounds like fun to get together. Club Tsunami seems like a good idea."
"I have been able to get listings and buyers from Active Rain, but they where from the referral emails and had nothing to do with how active I was in the community. I would say it is a great tool though."
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