The Good Ol Days - 09/24/08 11:47 PM
Today I was speaking with a guy from my neighborhood and he was telling me about when he purchased alot of buildings 10 or 15 years ago or more. He used to buy them at 25 or 30k and a few years later sell them for 80 or 100k.  Then there was the one that got away, a building offered at 90k and at the time the numbers did not work.  Think of that?!!?   Even in todays market , the kind of buildings he was buying would cost at least 250k, maybe 300 or more.  Ive heard stories like this … (0 comments)

bank bailout ? why? do they deserve it? - 09/16/08 10:35 AM
I just was thinking and decided I should share my thoughts.  I would say maybe just very disapointed that some major banks are losing their shirt and if you watch the news, your first thought mite be to feel bad for them. Then I realize in my own professional dealings with the banks and the short sales ive done.  The way the banks have treated me and my clients, they almost deserve to be out of business.  I have never ever been as frustrated, when as im talking to a representative from any number of banks, its like talking to a wall.  You … (0 comments)

Short Sale Techniques to Get the Bank Moving - 09/08/08 06:19 AM
Im seeing some banks being very very slow getting a short sale approved. It seems like a stand still for months now after everything the brokers have done and the buyers and sellers want to close. The banks say they are working on it and have no updates at this time.  Its like talking to a wall.  Does anyone know the best things to say to make them pick up the file from the thousands on their desk?  I can understand some snags but its been at the point of very ridiculous on a couple transactions.  They also say its taking … (2 comments)

 
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Justin Douglass

Portland, ME

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Benchmark Residential & Investment Real Estate

Address: 100 Congress Street, Portland, ME, 04101

Office Phone: (207) 775-0248

Cell Phone: (207) 318-5582

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