Introduction REO group

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Real Estate Agent with Aksland Real Estate
I just wanted to introduce myself to the REO group. I have been working with REO's for a while now, with most of my work providing BPO's for various companies. I feel that I will be a good contributor to this group and will respect the code that has been established. I work in Modesto, CA, and stick primarily to Stanislaus County. I look forward to associating with everyone here and look forward to being part of this group.
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Tags:
buy
sell
modesto
realtor
reo
bpo
agent
real estate

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Anonymous #5
Anonymous
Anonymous

Cathy, as an appraiser BPO's seem quite backwards to me. Is it really the belief that the person with the highest BPO will get the listing? So then say that person gets the listing, now it sits on the market due to it being overpriced.  I assume BPO are completed by several realtor's for the same property.

  And to Harry, REDC is a scam. Their "secret" reserves make the entire event pointless, at least for me.

 

February 25, 2008 11:44 PM
Rainer
15,673
Freddie Gonzales
CRS, GRI, RDCPro
WEM PACIFIC Investments, Inc.

FHA FORECLOSURE PROGRAM STARTING ON OCTOBER 1, 2008.  This is starting on October 1, 2008. The program requires mortgage holder to agree to reduce the LTV ratio to at 90 % and pay a 3% upfront FHA mortgage insurance premium. Borrowers must share future appreciation with FHA and pay a 1.5% annual FHA insurance premium which is 3 times higher than the current annual premium. It also requires all second or subordinated liens to be extinguished voluntarily before a troubled loan can be refinanced.

September 21, 2008 01:14 AM
Anonymous #7
Anonymous
NEW BOOK: Millionaire REO Real Estate Agent: The Secret of REO's

NEW BOOK: Millionaire REO Real Estate Agent: The Secret of REO's, BPO's, and Short Sales is a great book to learn everything you need to know to make great money in these three feilds and also has a large list the best companies and there contacts and is now available on amazon.com at the following link:

http://www.amazon.com/Millionaire-REO-Real-Estate-Agent/dp/1440414831/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1225259834&sr=8-1

October 29, 2008 10:30 AM
Anonymous #8
Anonymous
REDC Scam Coming Back to Cal.-- Beware !

I just got back from the Phoenix REDC 2 day auction.(Nov.16,2008)  In my opinion, they are subject to Real Estate Laws regarding DECEPTION and MISREPRESENTATION ! What a bunch of SCAMMERS ! Many properties are GOV'T owned, repetitively bidding up the prices themselves when there are NO OTHER BIDDERS !

You got it right Mike.

I guess the FEDS are busy with all the other financial problems going on.

November 16, 2008 10:01 PM
Anonymous #9
Anonymous
Mike

Anyone know anything about REDC or NRLL LLC.

 

November 24, 2009 06:09 AM
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Rainer
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Matthew Zgonc

Realtor, CFS, CVS
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