bank: Do You Have a Cell Phone? Please Be Careful - 10/19/09 12:59 AM
Do You Have a Cell Phone? Please Be CarefulI received a warning message from the local San Jacinto Chamber of Commerce. It was not clear if this incident that is being reported actually happened here in San Jacinto, CA or elsewhere. The information was posted as a warning to be careful … (14 comments)
bank: Foreclosure Heat Map: June 2007 & October 2009 - 10/05/09 01:49 AM
RealtyTrac, an online leader in tracking the statistics of Foreclosed Homes across the country publishes a heat map to show what areas are the hardest hit around the nation.Back in June, 200y, early in my relationship with the banks as an REO Listing Agent, I published a blog post showing the … (6 comments)
bank: What is So Difficult about an ALL CASH OFFER? - 09/22/09 01:04 PM
I have been on the abuse side or REO Listing Agent Bashing for a couple of days now after my blog post, Do Buyers Think They are Getting Slick? Was featured on ActiveRain. OK, there are a lot of good points there and some great conversation to help make things better. … (6 comments)
bank: BPO - A Question Answered - 11/29/08 10:17 PM
My last blog post, 500 BPO's and I'm Still Learning, was actually meant for the REO GROUP on LinkedIn that I administer - unfortunatley LinkedIn only allowes 2000 characters per 'Discussion' post, so I posted the entire article here on my ActiveRain Blog.(if you would like to join the REO GROUP … (6 comments)
bank: Readers Want to Know...Cash for Keys and REO Property - 08/02/08 07:00 PM
I receive numerous emails on various topics that I have written with in the past. I try to answer as many as I can personally, but I thought if one person takes the time to write me with a question then I have other readers who have the same or similar … (9 comments)
bank: How to Buy a Hemet, CA REO Property - 05/04/08 06:16 PM
About the Author: John Occhi REO REALTOR®, successfully started an REO Team in Hemet, CA that quickly expanded to 3 agents and 2 admin members with over 50 REO properties under his direct control. He was able to keep approximately 20% of his assigned inventory in escrow at any given time … (4 comments)
bank: REO – Secure the Property - 03/18/08 11:26 AM
When a REO property is assigned to The REO Team, in Hemet CA and The REO Team has determined that the REO property is vacant it must be immediately secured to prevent unauthorized entry and trespassing by either the former occupant or anyone else who may want to occupy the property, … (6 comments)
bank: Cash For Keys…How I Have Such a Huge Close Rate - 03/16/08 02:10 PM
Cash For Keys…How I Have Such a Huge Close Rate In a previous article I discussed the theory and mechanics of a typical Cash For Keys program. In this article I am planning on sharing how I have tweaked my presentation to the point where I have obtained signatures and successful … (31 comments)
bank: OK, I have an REO Listing…Now What; Or What is an Occupancy Check? - 03/15/08 02:05 AM
OK, I have an REO Listing…Now What; Or What is an Occupancy Check? I can remember the thrill I get every time I receive a text message on my cell phone that I have been assigned a new REO listing. It really is exciting, and yet unlike any other listing you … (11 comments)
bank: REO - Start With a Simple BPO and the Basic Tools of the Trade - 03/14/08 10:13 PM
REO - Start With a Simple BPO and the Basic Tools of the Trade
This series of articles is based on my personal experience as a Hemet REALTOR® who now specializes in listing and selling REO property for banks and Asset Managers throughout South West Riverside County and The Pass Area … (15 comments)
bank: How I Got To List REO's...or No, Not Another Free BPO! - 03/14/08 09:38 AM
My business today is focused on the REO market and working directly with banks and Asset Managers – taking the REO listings and selling them in our area. What I would like to do here is answer the question of what does it take to break into this business, as I … (58 comments)
bank: Buying an REO Property – The Pluses and the Minuses - 01/21/08 01:36 PM
In today’s Hemet California Real Estate market and the surround area known as South West Riverside County in the region of Southern California known as the Inland Empire we are one of the hardest hit areas in the entire country when it comes to foreclosures and REO’s. Now is an excellent … (3 comments)
bank: Just What is an REO? - 01/11/08 01:13 AM
REO stands for the term “Real Estate Owned”. This is a banking term used to describe real estate that a bank owns, typically because it was taken back from the homeowner through the foreclosure process. In a good real estate market, REO’s are not very common. However, in a market like … (4 comments)
bank: Hemet Real Estate Market is REO Driven - 12/24/07 06:57 PM
The Hemet, CA Real Estate market is becoming an REO driven market. An REO property, in Hemet, is one that has already gone through the foreclosure process and has been taken back by the mortgage holder - typically either a bank or an investor. The Hemet REO property is not considered … (3 comments)
bank: Tips for buying a REO / Foreclosure Home - 12/20/07 10:07 AM
The Inland Empire market in southern California has certainly gone through a major transition in 2007, setting the stage in 2008, for what I project will be the best buyers market we have ever experienced.Homeowners who would like to sell for any of a number of ‘normal' circumstances will certainly be … (6 comments)
bank: Now, Who is Helping Who? ... and a Few more Questions that need Answering... - 12/06/07 09:05 AM
We knew there would eventually be some sort of government intervention into the current housing situation in this country. Just this week the Treasury Secretary, Harry Paulson, proposed a plan that would either freeze or fix the rates on adjustable rate mortgages (ARM).On the surface, this appears to be good for … (6 comments)
bank: When Do You Walk Away...and When Do Your Run? - 12/02/07 12:10 PM
Real Estate investing in Hemet CA has many excellent opportunities for the seasoned real estate investor as well as the first time investor...and even the first time homebuyer. The Hemet market values are rapidly approaching the bottom. I say this, because I am constantly now seeing deals that will have a positive … (12 comments)
bank: By Far, Today is the VERY BEST DAY of the Year To Sell Real Estate! - 12/01/07 12:36 PM
Bold statement, let me back it up short and sweet. December 1st - write your offer to the banks (REO foreclosures & Short Sales) that your offer is contingent on closing on or before 12/31/07. This is the banks last chance to get excess inventory of the books... So quit blogging and get out and … (10 comments)
bank: Short Sales: A Revised Strategy: Commission - 11/25/07 09:58 PM
The big drawback to working short sales is that the agents typically receive a reduced commission, from the loss mitigation department, for more work than what is normally required.So, how do we stop the banks from fighting us for what is rightfully ours? How do we give in to something that one … (46 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
Do You Have a Cell Phone? Please Be CarefulI received a warning message from the local San Jacinto Chamber of Commerce. It was not clear if this incident that is being reported actually happened here in San Jacinto, CA or elsewhere. The information was posted as a warning to be careful … (14 comments)
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