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EQUI TRAX AND PAYMENTS 27 Aug 2013 | 04:20 am
I just started doing work for them in June and still have not been paid. They sent me an email asking me to do work for them and so I asked what is the payment schedule and this is what they told me ....
Are the banks holding back... I have proff 26 Aug 2013 | 08:31 pm
I have a client who hasn't made a payment in two years. His loan mode was to crazy to accept. So they agreed that they would do a short sale. Well the client decided not to move forward with the short...
Wisconsin July 2013 Housing Statistics 26 Aug 2013 | 07:36 pm
The Wisconsin housing statistics are in for July of 2013. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say: Wisconsin home sales and prices both grew in July, outpaci...
ocwen/altasource 23 Aug 2013 | 05:56 pm
first I find out that onewest was bought out by ocwen and all the listing are going to them if they do not close by end of monthe we will possible loose them and now I got email that equator is going...
I got an email yesterday asking if REO is dead. Here is my reply and more… 23 Aug 2013 | 12:20 am
It's not dead, it's gone in to hiding so the industry can recover from the onslaught of politicians with nothing else better to do but "save" everyone and, in doing so, cripple an entire industry. Not...
What an REO Virtual Assistant Does! 21 Aug 2013 | 09:38 pm
One of the most challenging tasks in real estate is REO's. Bank-owned homes or “real estate owned” properties are often due to foreclosures while some have been foreclosed for quite some time. One nee...
Altisource Acquisition of Equator 21 Aug 2013 | 07:42 pm
What will this do the landscape of short sales and the default servicing business moving ahead? I know that Altisource already uses in house brokers to sell REO's in their portfolio, as well as using ...
Selling 3 out of 100 short offers--what do you guys think? 17 Aug 2013 | 10:49 pm
Was talking to an agent who advertises as a buyers agent for short sales. She has a huge following of investors now. Told me she never has less than 100 offers outstanding but only closes 3 to 5 per m...
How Not Having the Proper REO Team can Jeopardize your REO Business. 16 Aug 2013 | 10:08 pm
If you have your REO Systems in place and you are experiencing growth, have you considered an REO Team? If so, what would you consider looking for as you build your team? I have just chosen three ...
The New REO 16 Aug 2013 | 09:00 am
I am sure everyone has experienced a drastic change in the state of REO in the last year. I am now dealing with more and more corporate investors who are trying to sell properties as short sales after...
