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reo: CDPE - Certifiable Distressed Property Egomaniac - 09/03/09 06:09 AM
I'm really not sure what goes on in the CDPE (Certified Distressed Property Expert) class. I've heard the class is excellent. So good in fact, that some agents I know are taking it twice. I think that's just great. I really wish I had time to go, however, I'm pretty busy managing 30 or so short sales at time. Those pesky closings get into the way.
In all seriousness, I'm for education and I'm one the biggest proponents of it, considering how there is almost no actual education given to Reatlors coming into the business, let alone something that would discuss … (6 comments)
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reo: No More Foreclosures? - 11/25/08 07:42 AM
Fannie Mae and Freddie Mac are holding off on taking some homes back this Holiday season. Read all about it on my Brutal Honesty Blog.
The key to it is this quote:
The "streamlined modification" program of Fannie Mae and Freddie Mac is slated to begin on December 15. Fannie Mae and Freddie Mac estimated their foreclosure suspensions may affect about 16,000 borrowers if the homes are occupied. Homeowners facing foreclosure who are spending more than 38 percent of their income on mortgage payments could have payments reduced by the companies, under the program. … (0 comments)
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reo: Foreclosure Trends In Georgia Real Estate - 03/24/08 08:05 PM
If you turn on the news today and listen to latest on the housing crisis you'll find that in March, Georgia will add another 7300 or so foreclosure/REO properties in the next 90 days. While the inventory for foreclosures / REO properties increases (there are 214 available today in Lawrenceville), there is a great new trend occurring, that make me believe we'll be coming out of the Atlanta version of the housing "crisis." The "F" word has enticed many buyers to look into this avenue. I get requests daily to look at foreclosures. Corporate, Bank owned, investor owned, REOs all can … (0 comments)
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reo: Want To Sell Your Atlanta Home? Think Like A Bank! Atlanta Business Chronicle Says 1 in 5 Homes Sold Are Bank Owned - 10/05/07 09:07 AM
October 5th, 2007
Atlanta Business Chronicle announced today that 1 in 5 homes for sale in Atlanta that are sold are Bank owned. What's the sudden increase of solds from Bank owned properties? The banks are getting agressive.
To understand the agressive nature of what the Atlanta Business Chronicle means you have to understand the economics of a sale.
Value is when condition and price meet. Right now, in the Atlanta Real Estate Market, the top 10% of homes are selling. If 20% of those homes are bank owned, then what must a seller do to compete.
Up until recently bank owned … (4 comments)
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Joshua Jarvis
Duluth,
GA
More about me…
Keller Williams Realty - Atlanta Real Estate
Address: 1960 Satellite Blvd, Suite 1100, Duluth, GA, 30097
Cell Phone: (770) 406-6123
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