reo: THAT Was an Expensive Secret!
- 04/11/12 07:20 AM
Once in a while we are asked to "Watch" a house that is distressed, or in the process of being foreclosed. It is not fun but it is a part of life in West Michigan. REO properties seem to be declining but there are still some going through this in Muskegon, Oceana, Newaygo, Ottawa, and Kent Counties. We drive by and take pictures now and then and may talk with the borrower. We try to learn if they intend to redeem the house or if they are going to just walk away at the end of the redemption period and let the lender … (17 comments)
reo: Let It SNOW!
- 01/20/12 03:22 AM
Bring it on! I am ready! We need the snow! Many businesses depend on real winter weather. The snowmobile dealers, cross- country ski shops, and sporting good stores, are getting busier as well as the towing companies and body shops! Muskegon Lake is getting frozen over and we will soon have people flocking to the waterfront in Norton Shores and North Muskegon to get out on the ice and catch some nice fish. Of course, Whitehall and Montague will have their fair share of shantys out on White Lake as well. Of course, the Winter Sports Complex at the Stae Park is really hopping … (2 comments)
reo: In One Day Sampson Killed 1000 Philistines with the Jawbone of an Ass,
- 02/21/11 09:53 AM
and thousands of transactions are killed each year using the same weapon! I stole this from a trainer I am working with. Paul goes on to say, "Why sell a house with Blah, Blah, when you could sell it with Blah." In other words, say as little as possible, and listen. I have always tried to be attentive when taking a class but another instructor actually "Demonstrated" listening skills in a way that I could comprehend it. Gwyn illustrated the process by holding her hand behind and above her head as a parrot would perch and explained that the "Parrot" needs to repeat to me everything … (3 comments)
reo: How much does your lender owe you?
- 12/02/10 06:28 AM
How can I be late on my house payment? Last year, like a lot of home owners in Muskegon County, and all over West Michigan, I received a notice that my property taxes had been lowered. Cedar Creek Township realizes that property values have declined and they must have decided acknowlege this. I also had a power boat and I sold it last fall. The insurance on the boat was a rider on my home owners policy. As soon as I sold the boat I canceled the insurance and figured this would decrease my escrow account for my taxes and insurance by a … (0 comments)
reo: Sheriff Sale, Foreclosure, Short Sale, Redemption, Upside Down, Under Water, How Can I Help?
- 10/28/10 05:58 AM
I believe it was Zig Ziglar that stated: "If you help enough people get what they want, you will get what you want." I like that philosiphy and that works for me! This is especially important when helping people who are in trouble with their homes. I can't imagine how people expect people to shell out money for help when obviously they are already short money. With that in mind, I will try to help you understand your options so you can decide what works best for you. Many people with perfectly good credit have lost their job and have seen … (0 comments)
reo: Even The Kitchen Sink!
- 09/25/08 07:26 AM
I was on Floor and got a call to show an REO that needed a lot of work. Someone had taken the kitchen cabinets and sink. It was listed at $19,900. and he told me there were already some offers on it. (It's in a small town where everyone knows everyone) We showed it, wrote an offer and got it accepted. The next day a neighbor called to ask if he wanted to buy the kitchen cabinets and sink! She wanted to buy the house so had broke in and stole the kitchen! He informed her that he would pay 5 times … (6 comments)
Once in a while we are asked to "Watch" a house that is distressed, or in the process of being foreclosed. It is not fun but it is a part of life in West Michigan. REO properties seem to be declining but there are still some going through this in Muskegon, Oceana, Newaygo, Ottawa, and Kent Counties. We drive by and take pictures now and then and may talk with the borrower. We try to learn if they intend to redeem the house or if they are going to just walk away at the end of the redemption period and let the lender … (17 comments)
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