preforeclosure: 30,000 points...A small but satisfying goal! - 06/29/08 08:03 PM
I'm so excited to reach the 30K mark! Mainly because when I first landed here at Active Rain, it seemed like such a long way! However, Here I am and I'm glad I made the journey.
thanks to all fellow active rain junkies who helped by taking the time out to
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preforeclosure: Control a client! It's a must! Short sale 101 - 05/26/08 02:53 PM
I just had a meeting with my staff Friday about controling our clients during our short sale process. I thought this might be good information for a fellow short sale experts out there!
The problem lately has been clients calling banks and speaking with the loss mitigator reps on the lenders
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preforeclosure: 20,000 Points and counting!!! - 04/08/08 10:40 PM
Wow I can't believe it! I began January 1st 2008 and It took me 3 months to get to my first 10,000 Points. The next 10,000 points only took me a little over a month's time to achieve. What happened??? I GOT HOOKED!!! Has anyone one else heard of this phenomenon? I actually applied
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preforeclosure: "Beautiful OHIO" A state that Cares!!! - 04/07/08 10:39 PM
Here's another "Attaboy" for the state of Ohio! The Governor of Ohio (Ted Strickland) has worked out a pack (agreement) with Nine lenders to help try and solve his states foreclosure problems. The lenders are Carrington, Homecomings, HSBC,
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preforeclosure: Taylor One.....Introduction! - 03/23/08 03:41 PM
I would like to take this time to introduce who we are! Taylor One is a National Pre-forclosure Assistance company based out of Atlanta, Ga. Our aim is to greatly educate and assist homeowners who are facing possible foreclosure. We work with these homeowners in setting up forbearances, Lifeline and Bailout programs
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preforeclosure: Broker Fees In Question... - 03/16/08 07:03 PM
It appears our government is at it again! This time they are going after Mortgage Brokers??? In an attempt to restore our expiring economy the Bush Administration is pressing for Mortgage Brokers to have full disclosure to fees charged for originating loans. Lender and Broker trade groups in the past have resisted
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preforeclosure: 30310... will it ever be the same!? - 03/12/08 11:54 PM
I remember not too long ago when this zip code comprised of historic beautiful homes. Not too long ago this area flourished with home owners that were proud of the history this area possessed. That was then, this is now! My company works with home owners in dealing with pre-foreclosure issues. Needless
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preforeclosure: The reality is.....If we don't who will? - 03/10/08 01:14 AM
Last week Treasury Sec. and other members of the Bush Administration visited Oakland, CA. They were there due to the fact that CA has an abnormally high foreclosure rate. (who doesn't!) The Administration's current attempt to battle the foreclosure epidemic is to educate home owners who are loosing their homes to
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preforeclosure: Loss Mitigation....Continued! - 03/08/08 03:29 PM
Earlier this week i wrote a blog about how HomEq was giving me the run around in regards to getting a short sale payoff letter! Well, here's how it ended! I managed to find out the email address for the CEO of HomEq and the phone number to the CFO! I called
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preforeclosure: What is Loss Mitigation Really Doing!? - 03/06/08 06:42 PM
I can't believe these Loss Mitigation departments! I would love to see who is managing these departments. Surely it's a 12 year old! Correct me if i'm wrong, but the purpose of these departments are to "Mitigate Losses" isn't it? Then what are they doing!? The bank told me exactly what they
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preforeclosure: "Write Downs" on Principle (Will This Work?) - 03/04/08 05:53 PM
This just in.... Federal Reserve chairman Ben Bernanke is recommending lenders consider "Writing down" the principal amount of loans to help home owners who are loosing their homes. This is an effort to assist those homeowners who are asking for interest rate reduction. According to Bernanke, write downs may be far more effective
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preforeclosure: Federal Law can't help, but State law WILL!!! - 03/01/08 12:37 PM
In an unprecedented move, Massachusetts state court ruled to stop all foreclosures preceding against Fremont Mortgage based out of California. The court ruled that Fremont had approved many loans that were designed to make the loan holder fail. Also known as Preditorial Lending! The objective is to allow the homeowners time to develop
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preforeclosure: There "Absolutely" no End in Sight! - 02/27/08 08:01 PM
foreclosures are gaining Speed! In the month of January filings were up 57%! ???? Unbelievable That is an 8% increase from the month of December Ok Active Rainers! Which state is the winner of the highest rate of Foreclosure .......... Nevada! with California and Florida a Very close Second and Third Respectively Never fret Californians you
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preforeclosure: BPO: If I had my Druthers! - 02/18/08 04:00 PM
I Think most of us agree that the most important (at least one of them) piece of a successful Short Sale is the BPO! The question is whether or not you are going to get: A. BPO Agent? B. Appraiser? Now, is there a toss up
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preforeclosure: REO vs Short Sale - 02/12/08 01:35 PM
REO vs. Short Sale (Sales) I recently got the statistics back from a question I posed our company. Do banks make more on the sale price for REO than for our short sale offers? So, I had our staff go back and do a little homework using last years records.
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preforeclosure: Why would any Realtor want to do Short Sales? - 02/02/08 10:09 PM
I am perplexed why a Realtor of a sound mind would get into the business of Short Sales!? When did they start teaching this in Real Estate Agent Schools? It was my belief and the belief of many that Realtors were graduating from a long classroom experience or online boredom to
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preforeclosure: Can Women cut it as R.E.I.? - 01/30/08 08:28 PM
The question has come up time and time again. Why are there so few "Women" R.E.I.? Before you comment I'm not talking about agents, brokers or consultants. I'm speaking about those valiant women who title themselves fulltime Real Estate Investors. There no denying there are more men Investors than women. But,
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preforeclosure: We Need Your Voices!!!!!!!!!! - 01/18/08 08:36 PM
You are invited to join Short Sales Institutes's NEW "Pre-Foreclosure" yahoo Group (Sponsored by Taylor One Inc.) Our aim is to hear voices and gain knowledge and a new insight to a reality that is at our Nation's front door. Please feel free to Network, give your opinions and learn as
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