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foreclosure: Am I zigging or zagging? Or does it even really matter? - 03/15/09 08:39 AM
When I started REO Field Services, the focus was on providing services such as re-keying locks, debris removal, and lawn maintenance to Real Estate Agents that specialize in listing foreclosed properties. I also "thought" that large Field Service Companies might contract business through us but it appears that the assignment of work from these companies is more of an inside game than I initially imagined.  The bulk of our work is still referred by Real Estate Agents but we are also beginning to be approached more frequently by investors needing services for their properties. 
As an example, we were recently referred by a local Real Estate Agent to paint the interior of a rental property.  … (4 comments)

foreclosure: Desperately need a contact in the WAMU or JP Morgan Chase REO department - 03/05/09 07:57 AM
I ran into an unusual situation the other day with someone that is the tenant of a foreclosed home here in Houston that desperately needs to contact either the WAMU or JP Morgan Chase REO department.  The home was foreclosed on at Tuesdays auction. 
We both attended the auction and spoke to the trustee to see if anything could be worked out to avoid the situation but it was to late.  The trustee gave us his phone number and asked to call him later so that he could give us a contact int he WAMU REO department but has yet to return … (11 comments)

foreclosure: Harris County Trustee Sale 3-3-2009 - 03/02/09 07:49 AM
Doesn't look like the number of properties to be auctioned off at tomorrows auction has changed from the last time I checked the numbers on realdata.net
I'll be curious to see what happens tomorrow at the auction given the moratorium on foreclosures until March 6th.
The auction starts shortly after 10:00am outside the Family Courthouse.  I would expect that once again there will be media present as well as many of the local investors. 

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foreclosure: WOW!!!! March 3, 2009 Harris County Trustee sale even bigger than February! - 02/12/09 03:57 AM
I checked realdata.net I believe Monday and only saw 800 or so properties listed to be auctioned off.
 I checked again this morning and....SHAZAM.......look at the number of homes posted on 2/10-2/11.

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foreclosure: Follow up to Harris County Trustee Sale Article by Jennifer Dawson with the Houston Business Journal - 02/06/09 05:44 AM
As promised in my earlier blog, here is the link to the article Jennifer Dawson with the Houston Business Journal wrote about the man I met that was purchasing the home in Kingwood at the Harris County Trustee sale on February 3, 2009.
To quote Mr. Boyd "It was a nerve wracking experience."  It all worked out very well for him however.  It was a pleasure to have met Mr. Boyd and have the chance to visit with Jennifer.
Mr. Boyd, it was a pleasure to have met you!  Jennifer, thanks for the great article!
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foreclosure: 8406 Darlington - Houston, Texas 77028 - Great Investment Property Opportunity - 02/05/09 08:30 AM
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foreclosure: 15315 Mission Oaks, Houston, Texas 77083 - Newer Construction that needs a little TLC - 02/05/09 06:48 AM
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foreclosure: Harris County Trustee Sale covered by KHOU Channel 11 and the Houston Business Journal February 3, 2009 - 02/04/09 05:06 AM
I went to the Harris County Trustee sale yesterday and wanted to share a couple of notes about what I saw.
Vicente Arenas with Channel Eleven and Jennifer Dawson with the Houston Business Journal were there covering the story for several hours.  I was glad to see that they were covering the auction as the foreclosure situation in Harris County doesn't gets nearly enough media attention.  From talking to Jennifer I think she got a couple of really good story ideas from her experience that I am anxious to read.  I'll make a special trip to Barnes and Noble Friday to see … (0 comments)

foreclosure: Harris County Trustee Sale for Febuary 3, 2009 - 01/21/09 07:43 AM
The Feb. auction is going to be a big one! So far there are 2,373 properties in the auction of which 2138 are single family. Looks like a lot of Asset Managers, Title Companies, Real Estate Agents and many others are about to get very busy! For anyone that is in the REO space, I'm sure you've felt this coming! https://www.realdata.net/realdata/html/foreclosure.asp
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Matthew Kelly

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