PENDING SALES DECLINE DESPITE SIGNS OF ECONOMIC RECOVERY!! - 10/28/11 02:04 PM
Pending Sales Decline Despite Signs of Economic Recovery:
 
Despite indications of economic recovery – such as job growth and some stabilization in home values – pending home sales dropped for the third consecutive month in September, according to the National Association of Realtors (NAR). Nationally, pending sales of existing homes – including REOs and short sales – dropped 4.6 percent for the month, falling from an index level of 88.6 in August to 84.5 in September.
NAR’s pending home sales index is a forward-looking indicator that reflects contract signings but not closings.
“It is a very strange situation, … (1 comments)

DENVER HOUSING MARKET IS IMPROVING, "SLOWLY"! By International Speaker/Educator, James A. Browning MRE, REO Institute - 10/23/11 04:06 PM
The REO Institute attended the REOMAC conference this past week in Hollywood, FL. REOMAC is a non-profit national organization established 26 years ago by a group of Asset Managers, and is a professional trade association serving the non-performing assets industry. James A. Browning was a speaker on the Panel (Property Preservation-Code Violations), along with a Sun Trust Bank representative and other panelists. James had many opportunities to converse with Banks/Lenders/GSE's about the national REO, bank owned properties markets throughout the US. The Banks indicated that the worst is over for the Denver market.  Currently, Colorado ranks # 39 in the nation … (0 comments)

6 COMMON SHORT SALES MISUNDERSTANDINGS! Presented by: National SS Educator/Trainer, James A. Browning MRE - 10/17/11 12:29 AM
6 Common Short Sales Misunderstandings:
Presented by: National SS Educator, James A. Browning of the REO Institute of Colorado!
 
Short sale transactions can be an excellent choice for homeowners who must sell and who owe more on their homes than their current values. Unfortunately, there are numerous  misunderstandings regarding short sales, and it is extremely important to understand the proper procedures and best practices in this process should you choose this path for your homeowners/sellers.
 
 Misunderstanding # 1: THE LENDER/BANK WOULD RATHER FORECLOSE THAN CONSIDER A SHORT SALE TRANSACTION.
This is likely the most common misunderstanding.  In reality, banks … (6 comments)

What is the "SECRET" of obtaining REO Listings???? - 10/11/11 02:50 PM
BPO (Broker Price Opinion) Simplified!
The foundation of REO (Real Estate Owned) process is the BPO (Broker Price Opinion)?
The first step is the perfecting the BPO process, without this process there will not be a second step.
While completing the BPO, the Broker has to be concise, accurate, and complete.
When accepting a BPO, timelines completions are mandatory, if the outsourcer demands a completion date of 72 hours, complete the BPO early. DO NOT request an extension unless you have a situation that is a hardship.
Remember, if you cannot complete all tasks on-line on-time, it is better not to … (0 comments)

Bank of America Execs Get $11 Million for Being Fired - 10/10/11 02:00 PM
On Friday, Bank of America Corp (NYSE: BAC) filed a severance agreement for two of the company’s executives. Bank of America made a decision in September to cut the positions of Joe Price and Sallie Krawcheck in order to lower company costs.
But the $11 million severance package between the two of them is stirring up some controversy.
That’s a pretty big sum, critics say, for a time when the banks are struggling with payments.
The bank, however, says that it is modest in terms of the packages some executives receive, and it is appropriate for the status of these two … (3 comments)

Does Fannie Mae Deserve our Help? What do you think?? - 10/08/11 08:47 PM
 
Do you believe the American people should help Fannie Mae? Share your thoughts.
http://www.dsnews.com/articles/fannie-mae-requests-5b-in-taxpayer-support-after-q2-loss-2011-08-05
… (3 comments)

"SHORT SALES CERTIFIED(R)", Presented by Unified Association (Formerly DBR) in Denver, CO on Oct. 18th 2011, 7 CE Hours: - 10/07/11 03:19 PM
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LPS, Improvement in some foreclosure areas, deterioration in others: - 10/04/11 06:24 PM
Please see below link for information on the "FORECLOSURE MARKET"!
 
 
http://www.mortgagenewsdaily.com/10042011_delinquencies_foreclosures.asp
… (0 comments)

Testimonials for the REO Institute of Colorado - 10/04/11 03:21 PM
Check out this link with testimonials for the REO Institute of Colorado's REOCertified (R) designation.
http://www.youtube.com/watch?v=P9waRtut46o
 
… (0 comments)

 
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James A. Browning MRE REOCertified(R) SSCertified

International, INT

More about me…

Browning Real Estate School/REO Institute

Address: 11250 Raritan St, Westminster, CO, 80234

Office Phone: (303) 465-2889

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