bank: Columbus Banks to Tackle Rehabbing REO - 03/01/08 09:04 AM
Columbus Realtors grab your tool belts.  It looks like the new job in town for REO professionals is called Rehab.  I'm not talking board ups and trashouts here folks.  We are talking new roofs and all.  I'm talking about Realtor = General Contractor.  Lucky for me I have been a GC, … (14 comments)

bank: Marketing Yourself to Your Niche - 10/13/07 12:54 PM
For me, the niche is working with lenders and attorneys.  To let them know about our services, we email, use direct mail, send press releases and buy ads among other things.
One of the greatest ways to promote yourself and your business though is to have someone else proclaim you as the … (6 comments)

bank: September 18 Distressed Deal Counts - 09/18/07 09:27 PM
Ohio is currently listed as #5 in the foreclosure rankings with 1 in every 376 households in some stage of foreclosure.  If you follow RealtyTrac, that is a 138% increase over August of 2006. WOW !!!!
Our research shows us that there are currently 4,079 properties available in Franklin County, Ohio that … (7 comments)

bank: Upcoming Auction in Columbus OH - 03/31/07 08:28 AM
Attached is the flyer for the upcoming REO Auction in Columbus OH.  Good Luck and Happy Bidding.....
… (3 comments)

bank: Upcoming Auction Using Online Bidding - 03/31/07 08:18 AM
Below is the press release for an auction that we are conducting for a local lender.  What is interesting is that the lenders are looking to the auction process earlier and we are incorporating online bidding into the auction.  This has been done for years on equipment auctions, but is recently becoming more … (3 comments)

bank: 100 % Rehab Financing - 12/01/06 05:19 AM
Not sure, but I think this is the first company that I have promoted on AR.  Other than my own, of course.
ReCasa Financial is a direct rehab lender based in Columbus, OH.  They have offices in 4 or 5 states and are looking for local LO's in other areas.  I think … (1 comments)

bank: Builder Spec Home Auctions - 10/03/06 05:42 PM
About two months ago we conducted a successful auction for a local builder.  The property sold right where I told him it was going to and I feel real good about that.  So is he and his banker. 
Since then, I have talked with probably about 10 builders in town who have … (4 comments)

bank: Auction Terms & Vocabulary - 10/02/06 03:34 PM
This might be a little long to read through in total, but if you are or had been wondering what something meant as it is related to an auction, the answer may be in here.
— A —
Absentee BidA procedure that allows a bidder to participate in the bidding process without … (7 comments)

bank: Recruiting Agents - 09/25/06 04:10 PM
I would like to reach out to brokers and agents looking for a different way to sell property around the United States AND agents in Ohio looking to specilaize in working the REO and investment markets all over the state. 
If this sounds like you, give me a call.  I am willing to train … (4 comments)

bank: Receiver Sales - 09/20/06 06:21 AM
What many Realtors and investors do not know is that there is a way to buy property pre-foreclosure and receive free & clear title from a court appointee.  It is not a bankruptcy, but kind of similar.
Many commercial loan documents include provisions for "assignments of rents" and/or the "appointment of receiver".  What … (0 comments)

bank: The Power of Email - 09/19/06 05:46 AM
About a year ago I started working with an email program called Constant Contact to make sure that all of our prospects were reached at least once a month via email.  We also use the system to advertise our listings and to send press releases.
By proactively buliding the email list for … (5 comments)

bank: Real Estate Auctions - 09/18/06 08:46 PM
Real Estate Auctions - The Right Seller and The Right Property    Auction- auc·tion (n) a sale of property to the highest bidder. Websters For centuries Auctions have been the ultimate mechanism for establishing values and facilitating quick and fair exchanges of goods and property all over the world.  Recorded history describes … (2 comments)

 
Real Estate Agent: Rich Kruse (Gryphon USA, Ltd.)
Rich Kruse
Columbus, OH
More about me…
Gryphon USA, Ltd.

Office Phone: (614) 885-0020 Ext.: 17
Cell Phone: (614) 885-0020
Email Me
A lighthearted yet informative look at the real estate and asset sale professions. Gryphon services clients sale and management problems with creative and sometimes extremely aggressive solutions. Primarily a servicer for sellers, Gryphon's professional do also assist investor/ developer buyers with acquisition transactions where the company sometiems participates as a principal.

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