reo: Everybody complains about REO's condition but.... - 06/16/08 12:48 AM
I sell REO properties in Phoenix Arizona and am somewhat frustrated with the bureaucracy that we have to jump through
Cities make it dificult to turn on utilities and if you can they charge us obscene deposits.
They change the rules on the fly, see my last post http://activerain.com/blogsview/551834/New-Scam-by-the no warning and no … (13 comments)

reo: Buying a home that has "challenges" using FHA Financing, Allowable Items - 05/17/08 11:33 AM
Streamline 203(k) Eligible Work ItemsUse of the Streamline 203(k) program is limited to properties with the following work category items:
 Repair/Replacement/Upgrade of existing HVAC systems Repair or replacement of roofs, guters and downspouts. Repair / Replacement/ upgrade of plumbing and electrical systems. Repair/Replacement of flooring Minor Remodeling such as kitchens must … (1 comments)

reo: Offers offers offers - 05/13/08 12:50 AM
Over the past weeks I have seen it all
Cash offers, 40-75 cents on the dollar asking price with nary a look at what the value of the home actually is.
FHA and VA offers all over the place with seller contribution of up to 10% and no mention of the … (3 comments)

reo: Let me see, what did I find in My travels today - 02/10/08 03:09 AM
Today i was off on my travels visiting my new assignments and thought that I would share some to the things I found,  
                        living room in the first home i came across "A little clean up needed"
Acording to the original comunication i recieved there was suposted to be  single wide mobile home on this lot 
                               
 
   … (4 comments)

reo: Offers, what are they thinking? - 01/23/08 01:40 AM
About a week ago I received a call form a agent eager to show one of my listings, she called me back to let em know they would be making a offer and all sounded well.
I did receive the offer and it was for $85,000 on a $190,000 home. I spoke … (12 comments)

reo: What to expect in a REO property - 01/07/08 01:02 AM
I spent last saturday out in the field visiting some of my REO properties, taking pictures adn inital inspections, here are some of the things i found
Home 1
 A charming little fixer upper in a area where if you stop too long you may loose your wheels ;-)
Home 2
A pool growing stuff … (5 comments)

reo: Supplies needed to make REO work simpler - 01/04/08 08:55 PM
I am looking for a number of suppliers that can supply some items that i can use in my reo business.
I need to find the following
Combination lockboxes
deadbolts
Door handles,
 S Hooks to hang my signs
Signs
Riders that i can buy custom in bulk
Real estate sign companies that will ship to me.
and … (13 comments)

reo: Building a team for this REO market - 01/04/08 01:30 AM
Over the past few months i have been blessed with a lot of new REO business and at this time i am at a point where i need to add people.
What should be the make up of a REO listing team, how would the work be divided and how should everybody … (7 comments)

reo: Reo offers AARAGH!!!!! - 12/28/07 12:15 AM
I just had a first, I had negotiated a offer with a buyer through his agent, got all the buyer docs signed and submitted it to the seller for signature. We received confirmation that the offer was accepted through the on-line system and just were waiting for the signed docs to … (5 comments)

reo: REO properties, A good deal or not, a REO agents take - 12/26/07 12:42 AM
I am a a REO listing agent in the Phoenix Metro area, I have listings throughout the valley but mostly in the western cities of Glendale, Peoria, Surprise, El Mirage, Avondale and Goodyear.
I really enjoy this business, it is a fantastic opportunity and you have to take the rough with the smooth, some homes are … (51 comments)

 
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Andrew Monaghan CRS, GRI, EPro Associate Broker

Glendale, AZ

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Keller Williams Professional Partners

Address: 7025 W Bell Rd Suite 10, Glendale , AZ, 85308

Office Phone: (602) 308-4660 x 201

Cell Phone: (602) 920-4343

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Musings from a Irish guy in Phoenix AZ
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