bank of america: UNSOLD INVENTORY OF HOMES PLUS MORE - 08/27/14 06:47 AM
Reports are surfacing that there is currently a 3.5% inventory of homes based on the current sales pacing and reporting. Last year this time it was at a little under 3%. The industry average for a stable market in Real Estate is normally around 6%. What are we seeing here?
EVERYONE IS WATCHING
Obviously we are up from one year ago. If this is a trend, we should be up even more before the next year rolls around especially if the interests rates hold. You see we are not the only ones monitoring this subject matter. Politicians don't want to say anything until it … (4 comments)

bank of america: THEY GOT AWAY WITH IT...remember? - 03/29/14 12:58 AM
How easy the public forgets and time helps that along. The biggest theft in the history of the United States was pulled off by Wall Street and their affiliates to the tune of a near trillion dollars during this last Real Estate cycle crash...
WE GET ONE SHOT AT THIS...
Not millions were taken...NOT billions but closer to the trillion dollar arena. Big business tested the theory of whether the United States would bail out a failing government backed institutional business and the government did just that...they came through. The Gov made good!
SHOULD WE OR SHOULDN'T WE?
Thousands of people stole so much money; some got caught … (7 comments)

bank of america: LET THE BANK WHO IS WITHOUT SIN CAST THE FIRST STONE - 08/17/13 11:53 PM
I have a client that went to open an account to deposit funds at Wells Fargo bank. After much review and paperwork, the bank comes bank with this. "Our PAST records show that you had an outstanding balance and didn't pay us. Therefore, we cannot do business with you". Yes, it is true my client declared bankruptcy as is their rights and I don't mind saying...for good reasons. However, look who's talking here about questionable behavior..
WE MARK YOU AS UNFIT
Bankruptcy puts all matters behind as of such and such a date. If Wells Fargo is keeping track of who … (18 comments)

bank of america: MY CLIENTS GOT THEIR FORECLOSURE CHECK - 05/24/13 12:15 AM
I blogged about it, I fought for it, I stood hard and unwavering and was knocked down, hung up on, made fun of and thrown to the streets. Got up, did some reality math which added up to this: My clients were lied to in 2007 and foreclosed upon when they were told all was okay and their mod was approved and in the same breath a trustee sale was held and my clients booted out like trash...We took the beating and left the meeting
HAPPY DAYS ARE HERE AGAIN
Well they got their compensation and are very happy. Rust consulting … (7 comments)

bank of america: BANK OF AMERICA STOP USING THE NAME AMERICA RIGHT NOW - 02/09/13 02:23 AM
There are men and women fighting for our country's beliefs that include freedom, fairness and liberty and your conduct Bank of America is not just, fair or supportive of the American way. I am reading about a man dying and a loyal spouse trying to make the best out of some unfortunate circumstances and how coming to you for a solution is a complete waste of time
A BULLY BEATING UP ON THE LESS FORTUNATE
Today I Was Told by BOA My Home is Going into Foreclosure details the nonsense decent people have to suffer because of the economic law the dark … (14 comments)

bank of america: BANK OF AMERICA FORGIVES SECONDS? - 11/16/12 10:40 PM
If you wait long enough and stall, change in the industry comes along and what was the rule back then gets changed to the new rule now. The trick is to catch the new rule or is it to not catch it? People who are paying off their mortgages as agreed continue to wonder why people who don't are being forgiven
WHY THE MIXED MESSAGE?
This mixed message is not good for the morale of the consumer, borrower and the Real Estate industry at large. It even affects the economy making people cautious, hesitant and doubtful as to what to do … (5 comments)

bank of america: BANK OF AMERICA REAPS WHAT IT HAS SEWN - 10/25/12 12:30 AM
I don't wish ill on anyone. However, I am not in denial either. I have handled short sales, foreclosures and loan mods where B of A was involved over the years and was not impressed at all at their customer servicing and attitude to boot. Mind you, this corporation had to be bailed out which you would think would show some humility and gratitude. But that's for people not entities
GUILTY...GUILTY AND PENDING GUILT
One charge after the other of fowl play is being leveled against this company. All I can remember is my own experiences and those of my clients … (9 comments)

bank of america: BANK OF AMERICA FULL OF NEGATIVE CUSTOMER SURPRISES - 01/10/12 03:39 AM
I went into the Bank of America the other day to withdraw some funds out of a debit card account. I have been doing this for 3 months and every time I go into this B of A branch, there is always something going on besides business. First, you are over greeted and forced into meaningless conversation that ends up with a sales pitch
WHO IS RUNNING THIS ORGANIZATION
It so disingenuous and reveals the thinking at the top of this troubled organization. I have not yet seen this company run professionally or act responsibility since the market crash. In fact, … (11 comments)

bank of america: U.S BANK DOES NOT GIVE THE WARM AND FUZZIES WHEN SHORT SELLING - 11/15/11 10:23 AM
I get listings that are short sales. I immediately know I have to help the client achieve their purpose, interact with the bank, treat my fellow agents with courtesy and be aware of the buyers needs while staying on point. One of the first things I do is find out who the lenders are. sometimes there are more than one
WE KNOW WHICH BANKS DO WHAT NOW AND... DON'T DO ALSO
I now have experience in dealing with a multitude of banks. I have associates who have the same experience too. If that is not enough, I always look up on … (2 comments)

bank of america: BANK OF AMERICA I AM WATCHING YOUR ACTIONS NOT WORDS - 11/07/11 09:04 AM
As I write this post, to my immediate right side, is an ad for Bank of America saying "we are here to help" Reach us quickly and easily etc... My pal and fellow rainmaker Carla Muss Jacobs mentioned them advertising on ActiveRain in a comment. Now, I get it thank you Carla. Okay, nice ads does not a person, place or thing make. 
I AM OPEN TO CHANGE..REAL CHANGE THAT IS
I am open to change and to anyone that brings value to the table. So far, B of A speaks with forked tongue is what my Apache warrior brothers would … (22 comments)

bank of america: BANK OF AMERICA LOVES YOU SO MUCH AND THAT IS THE PROBLEM - 10/24/11 08:14 AM
I could not believe all the attention you get when you walk into B of A now a days. The greeters greet with enthusiasm, the floaters who walk around bid you greetings non-stop and the teller will give you salutations, greetings, well wishes and all the manners and courtesies. The problem is that it is all a compensatory behavior...An Psychological axiom at work.
THE BACK END IS SOYLENT GREEN
The damages done on the back end are so devastating that it compels a campaign to offset it less this company visits the Titanic way before its time. They haven't stopped their … (2 comments)

bank of america: BANK OF AMERICA SEMINAR OFFERED DOWN TO EARTH DATA...part 3 - 09/22/11 08:08 AM
 In parts 2 and 3, we covered a list of things one should have a general awareness on when dealing with the subject of a foreclosure and more specifically a Short Sale. I heartily recommend that anyone who finds themselves in this situation bring on board a seasoned Real Estate agent to smooth out the edges and devote full time to this process
CONSIDER THE FOLLOWING
In no random order, I submit my own bullet points for your consideration and thought process.
Elena Celestine, the B of A rep, gave excellent input during this briefing and upped the standard of professionalism … (0 comments)

bank of america: BANK OF AMERICA SEMINAR OFFERED DOWN TO EARTH DATA...part 2 - 09/22/11 08:07 AM
In part 2, I continue with bullet points, notes and comments that I gathered from a recent seminar held by Bank of America to Real Estate agents in regards to short sales. There may things you already know and some things you don't. On the part 3 of the series, personal contact information will be given to a top Bank of America rep who will help you with your short sales
MY EXPERIENCE
 These are my notes and I am speaking for my self. For clarity on specific processing, contact Elena Celestine or your bank rep.
Bank of America is a … (0 comments)

bank of america: BANK OF AMERICA SEMINAR OFFERED DOWN TO EARTH DATA...part 1 - 09/22/11 08:06 AM
We are taught in college to be able to argue both sides of an issue if asked to do so. It promotes a balanced healthy thinking process that help all see the issue being examined in a thorough way. Then, choose your side or position if you must. I attended a 3 hour Real Estate agent briefing by a Bank of America rep and the rep was a TEN...outstanding
THANK YOU ELENA CELESTINE
Our speaker who has worked as a negotiator plus other positions and has been with the bank for years is a prize for B of A. They did … (0 comments)

bank of america: BANK OF AMERICA UPDATE ON SHORT SALES AND LOAN MODS PER MY MAILMAN - 09/19/11 10:36 AM
I just spoke with my mailman who I have known for years. He has been in foreclosure with B of A for 2 years now. He has submitted three loan mods and each one failed for him, but B of A prospered just fine. I knew he would find out what I already knew, but why spoil his experience? Sure enough, he turned in his report to me just now...
BANK OF AMERICA PROCEDURES FOLLOWED
Each time he was prompted to apply for a loan mod, he followed his instructions to the tee. He also has been using a Real Estate … (5 comments)

bank of america: BANK OF AMERICA LAYING OFF TENS OF THOUSANDS CAN THEY DO ANYTHING RIGHT? - 09/14/11 08:57 AM
Insanity defined is upon us. Doing the same wrongs expecting a right makes no sense. We bail out this bank, so that all the corporate executives can be lavishly paid, we find out that they conduct business based on fraud principals, and will not and cannot follow any rules or regulations and now is TURNING on their own employees?
DON'T DO AS I SAY OR DO
All any up and coming bank or credit union has to do to be successful is not do anything this bank did or does. You will be just fine after that. I remember a few … (8 comments)

bank of america: BANK OF AMERICA EATS PEOPLE UP LIKE FRENCH FRIES WITH LOTS OF KETCHUP - 09/10/11 04:23 AM
You go in the FRONT doors of any branch and there are the tellers with fixed smiles and long lost friend attitudes waiting to help you and care for you. Some of them are young and naive and have no knowledge of who they work for. Others are afraid you will find out. Find out what you may ask? The back END is chewing people up
THEY EAT PEOPLE LIKE YOU EAT FRENCH FRIES
B of A is one of the worst perpetrators of violating peoples rights professionally and personally in existence bar none
WHAT IF I DON'T WANT TO BEHAVE?
(18 comments)

bank of america: FEDERAL GOVERNMENT SUING BANKS FOR FRAUD...IT'S ABOUT TIME - 09/02/11 04:58 AM
Imagine a cat, a bird in a cage and a quiet room. Fast forward a few moments into the same room. We heard a crash. The cage is on the floor, feathers scattered about, bird is missing and the cat is licking its paws. Would you conclude that the cat was involved or did a a strange wind just blow through the window and knock everything down?
MAYBE ITS THE CAT?
Well the wind is no where to be found, but we arraigning the cat. The Federal Housing Finance Agency is suing several of the big banks for something that has … (2 comments)

bank of america: BANK OF AMERICA HAS THE GOLD AND IT RULES UNJUSTLY AND UNFAIRLY - 08/18/11 12:31 PM
Forget the fact that the Bank of America is being sued for billions, that it had to be bailed out, that effectively foreclosed on hundreds of military personnel while they where serving their country, that they don't do loan mods but keep saying they do, that they foreclose on you without warning and demand you must be delinquent to get help
THEIR BUSINESS PLAN IS NOT HARD TO FOLLOW
Forget all that because that is not the point of my post. This bank is not a professionally run business yet it wants access to profits, gain and privileges that most other … (2 comments)

bank of america: BANK OF AMERICA REMINDER HOW THEY CONTRIBUTED TO THIS CURRENT MESS - 08/09/11 08:32 AM
Bank of America first of all should not be allowed to use the name AMERICA. This bank is acting far from America's interests one American at a time. They are still navigating in areas and conducting their affairs in one sided defiant ways with only a single minded mandate in mind. To make money and keep making money people be damned
I MUST GO ON RECORD LESS PEOPLE FORGET WHAT HAPPENED
Has anyone forgotten that they were the ones who came up with the idea of a borrower having to be 90 days delinquent before they could even speak to them … (6 comments)

 
Richie Alan Naggar, agent & author  (people first...then business Ran Right Realty )

Richie Alan Naggar

agent & author

Riverside, CA

More about me…

people first...then business Ran Right Realty

Address: 4850 Palo Verde Lane, Riverside, Ca, 92501

Mobile: (951) 201-5951



Listings

Links

Archives

RSS 2.0 Feed for this blog