Its is said if you are familiar with the Short Sale process, throw all that knowledge out. Purge your memory! From what I read about the program, it may take a bit of relearning. Of the several new procedures, the one(s) that stood out were: we longer have to fight the lender on commisions, what ever is agreed upon by the seller is what it shall be, with a cap of 6%, the listing period will be set by the lender loss mitigation negotiator, and lastly the lender establishes the listing price.
"(A broker shall not be prohibited from placing escrow monies in an interest bearing account; however, he or she must disclose in writing to all parties that the account bears interest and identify the party receiving the interest. The Commission does not prohibit the broker from receiving the earned interest. In the event the interest is credited to the broker, the broker should, upon final consummation of the transaction, immediately disburse the interest from the account or insure that the amount does not exceed a reasonable amount to cover normal financial institution charges. The broker is required to maintain complete and accurate records of the interest earned. The interest bearing account must be a demand type account; this prohibits the use of certificate of deposit or other types of time deposits as trust/escrow accounts.)"
So how can the new residential contract demand that the interest be paid to "Oklahoma Housing Foundation? The statement only appears in the Residential contract.
Do not blink! The fundraising deadline for 2009 RPAC funds is quickly approaching - October 16, 2009. The scoreboard shows several boards/associations are very close to meeting their fundraising goals. Your contribution could make the difference!
Why are the people at Point2Agent worried about my last login? I would understand if they were free, but they are not. Each month my fee is paid through my card. But they say if I do not login the website will be considered inactive. If it goes inactive, will they stop taking my money?
The construction permits topped out at over $8.2 million last month, due to steady new home construction along with commercial and nonprofit ventures. There were a total of 18 new home permits issued valued at nearly $3.1 million. This figure is down from the August total, but up from the same period last year.
The average number of closing also increased from an average 106.8 to 157 per month for the past six months (March - August), couple with an average price increase of approximately 13%. The new construction sales numbers increase from 149 (March - August 2008) to 181 for the same period this year (March - August 2009).
Many of these improvements are thought to be occuring for several reasons; improved consumer confidence in the Lawton area, very attractive interest rates, the arrival of new families (BRAC). Although the influx of the military families has not had any large immediate effect; many hold off from buying right away due to frequent deployments, having homes in other parts of the country that are not experiencing the same results as Lawton and the rest of Oklahoma has. But in the next two to three years there is expected another construction boost.
Hopefully after the name change "Equator" will do something about the BPO form on their site. On several occasion I have filled in the entire form, hit save submit and it take me back to the login page....all data lost!! It does not have the capability to save input data as you go along, if you hit save it takes you out of the form. Normal input for me takes about 30 minutes if I do not have anyone distrub me. Has this happened to anyone else?
I received this email only minutes ago. I guess this was or is to be announced this coming Monday, notice the date line of the message. They discuss how and why the change of name is to be made.
LOS ANGELES, CA - October 5, 2009 - REOTrans announced today it will be changing its name to Equator. The reason for the name change is to facilitate the expansion of its technology solution. Since its inception in 2003, REOTrans has grown beyond REO automation to become the epicenter of the Default Servicing Industry. The name change is scheduled to take place at the end of Q4, 2009.
"The founding principles that have earned our client's trust will remain, the only thing changing is the name," said Chris Saitta, CEO of REOTrans. He went on to say, "Growth requires change, to enable our growth we're changing our name to Equator." The company chose the name to represent its scope and purpose. The Equator is comprehensive yet precise and a point of change. It's also rich in metaphor to help communicate and perpetuate the company's identity.
REOTrans currently provides a comprehensive technology platform that automates and connects the Default Servicing industry. The platform includes a configurable workstation, vibrant marketplace, transactional web site and a borrower self-service portal. It automates everyone's daily process while connecting them and their disparate systems in a safe and transparent ecommerce environment.
Currently 51 Mortgage Servicers, 15,000 Default Vendors and 625,000 Real Estate Agents use the platform to manage over 150,000 transactions daily. There has been over $65 billion in foreclosed real estate sold through the platform
# # # # #
REOTrans 6060 Center Drive, Suite 500. Los Angeles, California 90045
Relocating to Lawton/Ft Sill or leaving the community, let my relocation expertise be your guide. No matter where you are going or coming from I can get you there! Real estate in Lawton has been strong for many years and with the recent Base Realignment and Closure announcements (BRAC), all indications are that strength will continue. Home sales, including single-family houses, condos/ townhouses have appreciated dramatically.
This last year has brought about a big change in the Lawton/Ft Sill real estate market. After a long period of dramatic inventory increases, the local market seems to be leveling off on supply. This could of course be a temporary lull, but it could also signal the first step in a stabilization of the marketplace.
If you are looking to buy a home, this is still a great time to find that perfect home! With close to over 1000 homes to choose from, which include new construction pre-existing single family, single family with acreage, condo/townhouses and many anxious sellers waiting for an offer you could not have timed it better. Many of the home builders are now are offering large incentives on spec homes, assisting with the closing costs, free options, privacy fencing, yard sprinkler systems, and security systems among other incentives. Please remember if you wish to view or need information on any of the Lawton homes for sale, you can count on me.
Give me a call (580) 248-4400, or contact me paul@pauldurry-realestate.com to discuss your real estate needs. We are a international company with more than 150,000 professionals, in over 70 countries with the experience and insider know how to get you and your family organized in no time.
The communities of Cache, Geronimo, Elgin, which surround Lawton/Ft Sill, offer unparalleled real estate opportunities. Fueled by many industries, a strong military presence, affordable home prices, a significant increase in jobs, and by good planning, all kinds of housing can be found in these areas. There are urban condos/townhouses, condos/townhouses on golf courses, and properties for both families and retirees.
Being close to Lawton/Ft Sill gives each of these communities easy access to the advantages of a major urban city while living away from it all.
Single family homes range from remodeled existing to new construction homes in communities ideal for raising children. There is still land ideal for dream homes, and almost unlimited real estate investment opportunities.
Oklahoma real estate is both beautiful and spectacular. Thus it offers a unique environment, with incredible recreational opportunities, stunning scenery and wonderful weather, ideal for families, and for retirement.
Automatically receive personalized MLS listings by e-mail. Early each morning I will search the local MLS and find the homes that match your criteria and notify you immediately with the latest listing information!! Simply choose [I Want To Buy A Home] and fill in the requested information. Or, search for yourself at [Search MLS]. Click here for my FREE! [Home Buying Guide].
Hello all from sunny Oklahoma. If all of you have been following the news of the last couple of years, there was a process called Base Realignment and Closures (BRAC). It has became unfortunate for many communities that have a military facility nearby. Many of these communities must make the adjustment of not having the revenue or the residents of these facilities.
On the fortunate side (for me), I am smack in the middle of the realignment side. Within a 110 to 150 radius are located a total of five military facilities (Vance AFB, Altus AFB, Ft Sill, Shepard AFB, and Tinker AFB. Thus out of these facilities Ft Sill is fairing the best. And guess where I am? Ft Sill traditionally has been know as the Home of Field Artillery, that was the old days, we are now called the U.S. Army Fires Center of Excellence and Ft Sill. You may ask why such an exotic name. Well here is why, as part of the realignment process Ft Bliss is loosing it's school - Air Defense Artillery (ADA) and being moved to Ft Sill. Constuction has already begun!
So here it comes, I am paying a 30% referral fee for all buyers that qualify and buy through me. Have anyone in mind?
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 not blink! The fundraising deadline for 2009 RPAC funds is quickly approaching - October 16, 2009. The scoreboard shows several boards/associations are very close to meeting their fundraising goals. Your contribution could make the difference! 
Why are the people at Point2Agent worried about my last login? I would understand if they were free, but they are not. Each month my fee is paid through my card. But they say if I do not login the website will be considered inactive. If it goes inactive, will they stop taking my money?
along with commercial and nonprofit ventures. There were a total of 18 new home permits issued valued at nearly $3.1 million. This figure is down from the August total, but up from the same period last year.
Many of these improvements are thought to be occuring for several reasons; improved consumer confidence in the Lawton area, very attractive interest rates, the arrival of new families (BRAC). Although the influx of the military families has not had any large immediate effect; many hold off from buying right away due to frequent deployments, having homes in other parts of the country that are not experiencing the same results as Lawton and the rest of Oklahoma has. But in the next two to three years there is expected another construction boost.
If you are looking to buy a home, this is still a great time to find that perfect home! With close to over 1000 homes to choose from, which include new construction pre-existing single family, single family with acreage, condo/townhouses and many anxious sellers waiting for an offer you could not have timed it better. Many of the home builders are now are offering large incentives on spec homes, assisting with the closing costs, free options, privacy fencing, yard sprinkler systems, and security systems among other incentives. Please remember if you wish to view or need information on any of the Lawton homes for sale, you can count on me.
Give me a call (580) 248-4400, or contact me 
Single family homes range from remodeled existing to new construction homes in communities ideal for raising children. There is still land ideal for dream homes, and almost unlimited real estate investment opportunities. 
Oklahoma real estate is both beautiful and spectacular. Thus it offers a unique environment, with incredible recreational opportunities, stunning scenery and wonderful weather, ideal for families, and for retirement.
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