Real estate blog entries tagged with distressed sales by Directors Realty

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Home : Blogs : C J Johnson, Broker Owner-REO Manager CRS, ABR, SFR, NCHS, CBRS : C J Johnson's Blog : Tag "distressed sales"

distressed sales: Equator Agents Initated 1.17 Million Short Sales? - 12/29/11 11:05 AM

Equator Agents Initated 1.17 Million Short Sales?
On DSN this morning Equator reported that agents initiated 1.7 million short sales through their platform over the last 24 months.
Here's my question....How many resulted in a successful sale? I am sure their sofware can identify why a file was closed in the system, ie: sold, or closed without resolution.
They went on to say that 150 Billion dollars of assets (short sales and REO's combined) were processed over the last 8 Years. Ok now I am confused. 8 Years ago we was 2003-2004 in my world and I sure do not remember many short sales or … (0 comments)

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C J Johnson, Broker Owner-REO Manager CRS, ABR, SFR, NCHS, CBRS

Tehachapi, CA

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