Sentences with phrase «get reo»

A little later, I managed to get REO listings from banks, and things really took off.»

In contrast, it takes a week or so to get a REO listing into escrow, with deals closing in about 30 to 45 days, whereas short - sale approvals these days take 30 to 60 days.

We answer the phones and are very responsive, which helps us continue to get REO listings.

We don't do real estate directly, but as holders of real estate notes, we do get REO there periodically.

once i get the reo property under contract with the bank how do i close the deal with my end buyer please help

Not many potential buyers are aware of all that the 203K program can offer, so getting this type of information out there to the public is critical in getting some REO's / Short Sales off the market.

If you guys think getting REO offers accepted at a decent purchase price is hard now, try bidding against all the newbie cash - infused investor consortiums that have sprung out of the woodwork.

Not many potential buyers are aware of all that the 203K program can offer, so getting this type of information out there to the public is critical in getting some REO's / Short Sales off the market.

Not exact matches

One thing that can speed up the REO homebuying process is getting pre-qualified by the lender that owns the home.

Just when we thought that we had got straight that Curbishley was as angry as the fans with the baby Bentley boys and Reo - Coker in particular, heâ $ ™ s now asking us to get off the boyâ $ ™ s back.

It was great to get the goals through Reo and he did well to chase it back up on the second one.

SAVES: BOTH KEEPERS CALLED ON EARLY - 5 - 6 mins The match got off to a frenetic start and we had the first attempt at goal after five minutes when striker Reo Griffiths cleverly flicked the ball to Joe Pritchard with the inside of his foot and the midfielder's strike was palmed away to his right by Arsenal goalkeeper Matt Macey.

From REOS to trustee sale refinances, working with trusted San Diego hard money lenders means getting on track to success sooner.

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And please, let's not bother talking about NAMA, court cases etc... For years now, REO's had terrible corporate governance, far too much leverage, and pretty much promised to totally fuck investors... And so it has come to pass, and shareholders don't even have a luxury Moroccan get - away to show for it...

While you'd think a bank would be eager to unload a repossessed residence, response times between the bank and other involved parties can be sluggish with REO properties too.The amount of time that it takes to get a response on your bid can vary widely; if the bank that holds your property is swamped with foreclosures, then it can take a great deal longer for the bank to process your request.

RealtyTrac said that even with lower prices and higher average discounts, lenders are still getting significantly more return from pre-foreclosure sales than from REO, $ 30,000 on average above the average REO sales prices of $ 145,597 even with the average 34 percent discount.

Wex, how do you get comfortable counting Argo's $ 18.5 mm short term investment in The Argo Fund Ltd, Argo REO Fund and Argo Spec Sits Fund as cash in your calculations?

The reason for this is that REO rates stay high while lenders are struggling to get rid of their properties through short sales and auctions.

In 1918, when Hans H. Wilkening's grandson, George Cassens, had his first opportunity to get involved with automobiles, the 38 - year - old jumped at the chance and became a sub-dealer for John Brandes Garage in Marine, Illinois, selling a few of the new Reo automobiles to friends around Edwardsville, Hamel, and Worden.

«And I Am Telling You I'm Not Going» — Dreamgirls «Gold Digger» — Kanye West «Rehab» — Amy Winehouse «You Can't Always Get What You Want» — The Rolling Stones «Can't Fight This Feeling» — Reo Speedwagon «Don't Rain on my Parade» — Barbra Streisand «Hate on Me» — Jill Scott «Keep Holding On» — Avril Lavigne «Lean on Me» — Bill Withers «True Colors» — Phil Collins

If you need a proof of funds letter to submit with your REO offers, you can get one for free at FundThisWholesaler.net.

I've been getting a lot of questions lately about transactional funding for REO and short sale flips, so I recorded a quick call yesterday with my friend Brian Meidam who owns Tailwind Funding (aka FundThisWholesaler.net).

«You can get financing for an REO deal, as long as the asset is stabilized and you have a track record as an investor or operator,» says Hulsey.

If you intend to sell REOs, get ready to be the eyes and ears of the lending institutions that take over those properties.

It's common for salespeople to lower their commission by about a percentage point on REO sales, and experienced salespeople realize they often have to be willing to cut their own share to attract buyer's agents and get a home sold.

Those who want to pursue REOs need to do a good deal of legwork to get on the radar of lending and servicing companies that proffer foreclosure listings (see «Five Steps to Take,» page 33).

To get into the field, Pareja recommends you start with education: The Five Star Institute, REOMAC, REO Expo, and Vendor Resource Management University are industry programs that recognize program graduates with certifications and provide networking opportunities with institutional investors and third - party outsourcers.

Another growing concern reported with REOs: drug contamination, and how a home's tainted history can get lost if it sits in foreclosure limbo.

Still, it's a way to get in the game at a time when REOs are scarce.

One day I followed a link to check out an REO wholesaling system that someone was pitching and I just haven't been able to tear myself lose from every bit of education I get my hands on that pertains to real estate investing.

Pareja says it's not too late to get into REOs, even though the market is maturing, because institutional investors and third - party outsourcers are always looking for sales partners who can demonstrate capacity and market knowledge.

In late 2010 I got a tip from my property manager that an REO apartment complex was on the market, had just fallen out of escrow, and the bank was anxious to unload it.

I've been trying to get in contact with more REO agents but only have one actively working with me at the moment.

As opposed to buying directly at a foreclosure sale, one advantage for an investor buying an REO is that you can get inside the property.

Now that you know that there's many a good deal in REOs out there, it's time to get up and find them!

Personally, we have been able to work directly with a number of lenders to get financing to purchase dozens of REO properties.

His advice: If you haven't already, get training in REO sales.

instead of fixing and flipping a house note investors flip the borrower to either get them paying again for passive cash flow or to take the property back and resell as an reo.

--------- In certain investments that might be possible (like a mobile home park or other less common investments) but not with a SFR unless you get an amazing deal on a REO or rehab.

Most REO agents get a percentage and no longer get a flat fee from the bank.

1) The majority of REO properties are sold «as - is / where - is» which means any addendum clauses get thrown out regardless, 2) most selling agents don't want to guarantee anything in writing, especially anything about code violations, and 3) the ones who agree to include all these clauses are usually just so desperate to sell the property because it's a gut rehab and doesn't fit the criteria of Larry's program to begin with.

so rather than waiting for people to call me im looking for REOs and foreclosures and looking for ones that have big equity gaps and when i find one i want to get it then either wholesale or rehab it and do this a few times taking little chunks of money and saving it until i get a goal of 50k... my problem is the money part..

Also that is the only avenue to get at REOs or Short Sales which might not be as plentiful anymore, but are sure out there still.

I got an email about a REO that I put an offer on last week, saying they had multiple offers and that I need to submit my highest and best offer.

The margins on REO, like the margins on Auction properties are getting slimmer and slimmer.

The REO listing sheets that I get say: DOM (Days on Market) as well as: CDOM (Current Days on Market), the «CDOM» is the ACTUAL days on market and the DOM is how many days the current realtor has had the listing.

We also do a lot of deals with agents around town by offering to let them represent us on their REO listings so they get 100 % of the commission.