Reo Asset Management Companies All Locations : Nationwide Real Estate Advice

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Tony McMahon, Real Estate Pro in WHITE PLAINS, MD
Tony McMahon answered:
I have a low credit score (low 500's). I own a new car, land, mobile home. I'm a teacher, 20yrs. Will there ever be hope for me to get a?
What can it hurt , to discuss your options with a good local lender who offers credit counciling as well ? Knowing where you stand and devising a plan going forward, sounds like a good ... more
0 votes Share Flag Mon Apr 23, 2012 Home Buying in 30339
Sally Grenier, Real Estate Pro in Longmont, CO
Sally Grenier answered:
Contract & Addendum
What does your agent say?
0 votes Share Flag Mon Jan 17, 2011 Home Buying in San Jose
Mitch Larriv…,  in Orlando, FL
Mitch Larrivee answered:
I own a business called Get theJunk Out Removal Business. How can I get my name out to realtors specializing in foreclosures? Help if you can....
Try to contact your local Realtor Association.

I've even gotten invites to parties hosted by home builders and other businesses that utilize Realtors. I'm guessing those i ... more
0 votes Share Flag Fri Jan 14, 2011 Foreclosure in Sacramento
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
Our home has been on the market for 13 weeks with no showings. Should we try to cancel the current listing agreement and hire a new agent?
Consider contacting the broker owner and or office manger of the realty company and express your concerns, ask to be unconditionally released, or ask to be assigned another agent from w ... more
0 votes Share Flag Wed Jan 12, 2011 Home Selling in 30701
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
I made a short sale offer in OC, but the bank foreclosed. Can I approach the bank's agent directly now, or do I need to go through my original?
Hanko,
There is more than writing an offer to representation. Whether you use your original agent or a new one, I wouldn't recommend using the listing agent. The listing agent& ... more
0 votes Share Flag Wed Dec 29, 2010 Foreclosure in Orange County
Rana Kumar, Real Estate Pro in Fort Lauderdale, FL
Rana Kumar answered:
Why do some agents act so unethical?
I know the feeling and have noticed the same several times. In my view the only way to stop is to use Supra lock boxes since their activity can be monitored by the listing agent. I disc ... more
0 votes Share Flag Thu Dec 27, 2012 Home Selling in Fort Lauderdale
Mark Malave, Real Estate Pro in Chicago, IL
Mark Malave answered:
How can i find out which bank owns an REO?
you can talk to a buyers agent like myself that knows how to track down that type of information.
0 votes Share Flag Tue Mar 29, 2011 Foreclosure in Chicago
CJ Brasiel, Real Estate Pro in San Jose, CA
CJ Brasiel answered:
REO property. Escrow was not opened after contract is ratified.
T -

In my experience, this is more common than not when dealing with REO/foreclosures/Bank Owned properties. Make your you, and/or your agent document the request for escrow informa ... more
0 votes Share Flag Sat Dec 11, 2010 Home Buying in San Ramon
Dianne Hicks, Real Estate Pro in Rancho Bernardo, CA
Dianne Hicks answered:
I'm a CASH buyer. Can I buy directly from the bank? Can I buy it and negotiate with the bank before they post it?
You can purchase through the courts with CASH but understand there is a risk. You often do not even get to see what condition the house is and you may have to evict people which can be ... more
0 votes Share Flag Sat Aug 20, 2011 Home Buying in Las Vegas
Basil Yaqub, Real Estate Pro in Newark, CA
Basil Yaqub answered:
Can you buy an REO before it is listed?
Yes it is!

I have successfully been able to do this before. As long as you know which bank it is, it is a possibility to get the property before even listed, it is difficult but doa ... more
0 votes Share Flag Mon Nov 1, 2010 Foreclosure in Fremont
Jaryd Takushi, Real Estate Pro in Denver, CO
Jaryd Takushi answered:
what is an reo? from dawn
Hey Dawn,

REO = real estate owned. Some folks consider these homes the best deals out there because the banks want to unload them.

Aloha,
Jaryd
0 votes Share Flag Tue Oct 19, 2010 Foreclosure in Sacramento County
Marcus Burke, Real Estate Pro in Orlando, FL
Marcus Burke answered:
I am a Canadian real estate investor looking at Orlando area. Any advice on areas that are best for rental investments?
Condos, townhomes or single family homes?
Cash or do need a loan?
Long or short term rental?
Short or long term exit?

It's way too broad a question for a Realtor to be ab ... more
0 votes Share Flag Tue Apr 19, 2016 Home Buying in Orlando
Missy Caulk, Real Estate Pro in Saline, MI
Missy Caulk answered:
I like a banked owned home in michigan. It is listed by a broker who would not offer on our behalf stating he does not know the bank or any info .
John, I don't like to be critical of other Realtors, however, if you want to make an offer and he is your Buyer Agent he has a Fidicuary responsibility to do so. He works for you, ... more
0 votes Share Flag Thu Sep 23, 2010 Home Buying in Michigan
Scott Godzyk, Real Estate Pro in Manchester, NH
Scott Godzyk answered:
describe janitorial process
In the world of foreclsoures, janitorial is the cleaning of the interior of the house. It can consist of a one time service, weekly or biweekly service of wiping down teh surface, washi ... more
0 votes Share Flag Fri Sep 6, 2013 Foreclosure in Miramar
Jane Pacheco, Real Estate Pro in Fremont, CA
Jane Pacheco answered:
do i have to pay any extra money if i buy from the direct from the bank?
The banks don't really sell direct to buyers. They hire real estate agents to list their foreclosed properties and you will see them listed by various listing agents. Asking prices ... more
0 votes Share Flag Tue Aug 31, 2010 Foreclosure
Kent Gagon, Real Estate Pro in Chandler, AZ
Kent Gagon answered:
Hello, what kind license i need for start foreclosure clean-up business ? Thank you!
Olra, many banks already have what they call property preservation in place, your best bet would be to market to agents that have foreclosure listings and see if they need anyone to do ... more
0 votes Share Flag Fri Dec 6, 2013 Foreclosure in Inver Grove Heights
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
What are important things to ask and know when looking for a buyer's realtor? Is it good idea or bad idea to find a realtor who has dual role ?
When choosing your agent, choose with care--first and foremost make sure you like each other since you will be spending some time together. Interview two-three agencies and don’t ... more
0 votes Share Flag Tue Oct 5, 2010 Home Buying in Alpharetta
Jeremy James…, Real Estate Pro in Scottsdale, AZ
Jeremy James Jack answered:
I am looking to buy between 5 and 10 properties in Phoenix, for rental income. I am interested in newer SFH, 3/2 for around $75,000.
Carrie,

Those are all great area, as well as Litchfield Park, Waddell, and Youngtown. I live in Litchfield Park and sell alot of Real Estate in the area and would love to help you wi ... more
0 votes Share Flag Tue Nov 9, 2010 Home Buying in Phoenix
Thom Colby, Real Estate Pro in Irvine, CA
Thom Colby answered:
The short sale home I tracked for 6 months fell through escrow. The seller decided to let the home go into foreclosure. Now i'm going to the
Kurling,

When you go to the auction, you can bid on the property. You will be bidding against other people who want it as well as against the bank who holds the 1st mortgage on it. ... more
0 votes Share Flag Tue Sep 7, 2010 Foreclosure in Los Angeles
Alan Martin,  in 34786
Alan Martin answered:
Please advise how to receive membership application to become REO vendorThank you!Kathryn Shevlin, ...
I am an REO Broker for a large bank and I was ' invited ' to tender for the work. I do not think that you find them. They will find you . It will e based on the number of ... more
0 votes Share Flag Thu Oct 28, 2010 How To... in Orlando
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