five star institute: After 500 BPO's - I'm Still Learning - 11/27/08 03:48 PM
I first became involved in the Default Industry just after Thanksgiving 2006, in an effort to find a way to supplement my income from home, as I was becoming more homebound in caring for a sick wife suffering with cancer.
Much of what I learned was from Asset Managers who I … (19 comments)

five star institute: REO – Agent Training and Marketing – Necessary Expenses - 09/21/08 05:28 PM
When a property is taken back by a lender through the foreclosure process they not only have to deal with the loss of the monthly payments for the better part of the last year – or n some cases even longer.  They not only have to provide the financial resources for … (1 comments)

five star institute: REO – Agent Training and Marketing –What’s the Difference? - 09/21/08 02:05 PM
 
There is of course a huge difference between the traditional sale of a home compared to the sale of a home that has gone through the foreclosure process and is now owned by a bank / investor. 
EMOTION To sum it up in one word it would have to be … (7 comments)

five star institute: REO – Agent Training and Marketing – Who’s Who? - 09/21/08 12:30 PM
 
 
The REO Agent is the player on the front line – the one who comes in direct contact with the public and other real estate agents representing buyers of the REO properties that the listing agent has listed in the MLS and is marketing for sale. The question is … (2 comments)

five star institute: REO – Agent Training and Marketing –Redemption - 09/21/08 10:52 AM
 
With so much information available on the Internet it is no reason that consumers are often confused on any number of topics.  Well, the amount of information published about REO’s is no exception.
Nearly 40% of the States in America DO NOT provide for the defaulted home borrower to redeem … (4 comments)

five star institute: REO – Agent Training and Marketing – The Life Cycle of a Defaulted Loan - 09/21/08 10:14 AM
 
To understand what a property that is owned by the bank is really all about, you must first understand the process that the real estate has gone through to end up on the lenders balance sheet as REO – or Real Estate Owned.
You see, banks are not in the … (7 comments)

five star institute: REO – Agent Training and Marketing...An Overview - 09/20/08 08:05 PM
 
As a Real Estate professional I find it critical to a successful career path to invest in my continuing education.  After all, what other professional would anyone ever want to use if they did not keep up-to-date on the latest laws, trends and acceptable ways of performing their duties?  
Certainly … (12 comments)

 
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John Occhi, ePRO, Hemet-San Jacinto CA Real Estate, 951-443-6259

Hemet, CA

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