All fine to take the offers you can get. But if you have 3 to 6 months to get your credit back on track, you should do that first.
If someone does finance you talk to a reputable credit restoration company to help (licensed registered bonded CSO)... more
Rob, it actually depends on what kind of person you are.
If you want to work in a no touch environment REO could be your ticket.
If you have deep pockets to prepare a home for sale and wait for reimbursement..this could be for you.
If you want to be more than a one dimension real estate professional, this could be for you.
If you want to work in an environment where the numbers speak for themselves and emotions are of little value, this could be for you.
If you like working with true analytics and pretend analyticals, this is definitely for you.
If you desire the warm and cuddly relationship experienced when finding an excited buyer a new home, this may not be the best venue for that.
If you wear your feeling on your sleeve, if you like determining the worth of your work, if you despise having to create mechanisms to succeed while those you represent do all that is possible to make it as difficult as possible, this may not be your cup of tea.
If you do a search for REO agents, the comments you read will pertain to you. Regardless of your real personality and competency, just like the IRS man, you, the REO specialist, the pawn of the bank, will be viewed in an unfavorable light. That may not matter to you. Should that be the case. this may be your cup of tea.
Be very aware, the opportunity to leverage this situation to ones great advantage has never been better. REO agents are the perfect fit when they have a plurality of tools and resources with which to work. At this very moment in this country, the need for these skilled specialists has never been greater. it is these visionaries that will lead this country out of this economic mess. It simply depends on the kind of person you are.... more