columbus oh: Delaware Hotel lender opts for auction in bid to avoid taking title - 03/07/09 06:53 AM
March 6, 2009
Business First of Columbus - by Brian R. Ball
The lender to a foreclosed hotel in Delaware hopes a bit of extra marketing will help it avoid the typical two-step auction process to getting a troubled asset off its balance sheet.
Ciena Capital Funding LLC has hired … (2 comments)
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columbus oh: Appliance Liquidation - Economy By Product - 10/13/08 07:04 PM
Hi folks. As many of you know, we are not just in the real estate business. Much of what we do is wind down entire companies. Unfortunately the failing economy has reached up and grabbed another small business in Columbus Ohio. If you are looking for a great price on upscale … (1 comments)
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columbus oh: Court Ordered Possession - 04/17/08 07:19 PM
Sometimes property gets turned over to an asset manager one house at a time and other times entire complexes come in at once.
Tomorrow should be an interesting day as we need to go seize a 72 unit apartment complex in Grove City, Ohio which is a suburb of Columbus. When … (6 comments)
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columbus oh: 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)
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columbus oh: Robbed and Kidnapped at Gunpoint - 09/25/07 04:57 PM
If you work in this business long enough you will see just about everything. Unfortunately, today one of our agents saw the business end of an automatic pistol. It occurred at about 11am on a fairly busy street in a neighborhood that is usually pretty safe.
Montry was checking on a property … (27 comments)
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columbus oh: Auction Tips - 09/20/07 07:04 AM
More and more auctioneers are joining AR and significantly more lenders and individuals are looking at the auction method of marketing as a way to dispose of property. Our volume of offerings in Columbus Ohio is up significantly over last year and the calls come in just about every day.
There are … (3 comments)
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columbus oh: Another Gryphon Auction - 09/15/07 09:34 AM
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columbus oh: Upcoming Auction - Colubus Ohio - 09/15/07 09:27 AM
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columbus oh: What an REO Agent Should Have - 09/13/07 07:25 PM
As I posted before, I recently spent 5 days in Dallas at the 5 Star Default Conference learning and meeting with lenders and agents from around the US. There was a full day of 30 minute sessions where agents could find out directly from the lender/servicer what they wanted and expected … (19 comments)
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columbus oh: REO Update - 09/13/07 08:05 AM
Melissa I just got back to good old Columbus, OH from the DS News 5 Star Conference in Dallas. The conference was 3 days of networking and smaller 1-2 hour educational sessions along with another 2 days of full day educational sessions at an added cost. Melissa and I went to … (4 comments)
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columbus oh: It's Eviction Day Again - 09/05/07 06:59 PM
Every month we gear up for Eviction Day. It is the anti-holiday that comes about every 30 days or so. It is around the 6th or 7th of every month depending on the weekend schedule.
Just as the sun will rise, eviction day will be active.
Tomorrow I think we have over 40 … (13 comments)
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columbus oh: Bankruptcy Portfolio – Columbus Ohio Range Priced - 09/05/07 03:59 PM
Gryphon Realty Advisors, Central Ohio's Leader in Asset Management and Recovery, is pleased to announce that they have been retained to list and manage 42 single family homes in the greater Columbus Ohio marketplace from an Arizona bankruptcy case.
The portfolio can be purchased in its entirety, in smaller blocks or individually. Prices start … (4 comments)
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columbus oh: Gryphon Client & Employee Event - 08/27/07 07:19 AM
Hi everyone. I just wanted to share how successful yesterdays BBQ was. The full hog was catered in by City BBQ and Montry made a Cajun Boil with shrimp, sausage, corn and potatoes. Melissa made sides and we had Columbus Favorite, Cheryl's Cookies for desert.
We had over 100 past clients … (12 comments)
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columbus oh: Is Referring a Full Time Business? - 08/20/07 07:02 PM
Can you find someone an agent almost anywhere in the country?
I was just reading a blog asking if someone should specialize in buyers or in sellers. I am not sure I gave the best advice, but I gave what advice I could give.
You Must Be a Specialist to Survive. … (9 comments)
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columbus oh: The Demise of the Parking Lot Party - 08/10/07 06:54 AM
Last year OSU Football tailgates reached an all new high (some might say low). We had the party bus complete with the "center support post", DJ, food, beer, corn hole games. We had it all. Parties were held at the legendary Riverwatch Tower on Lane Ave. RWT is private property, so … (13 comments)
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columbus oh: Attention Direct Buyers - Portfolio (s) For Sale - 08/06/07 08:56 AM
One of my clients has asked me to market 96 properties for sale in part or in whole. Most properties are inner city Columbus, OH and have a total debt balance in excess of $7,000,000 and can probably be purchased for much less.
I have another portfolio coming up through a … (3 comments)
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columbus oh: Olde Town East Auction - 08/04/07 08:31 AM
Please come visit with us at one of the two open house events for this wonderfully renovated executive home in Olde Town East. Property is being offered for sale by motivated real estate professional who is downsizing to a smaller home. Co-listed by Richard Kruse and Michael Casey.
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columbus oh: Copper Problem Solved. Or is it? - 08/03/07 08:24 AM
Here in Columbus a new law has been enacted so anyone dropping off scrap metal must have ID checked, etc. The new regulations stem, in large part, from all of the break ins where thieves strip copper pipe from vacant homes and sell it to fund their crack habit.
No matter what … (7 comments)
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columbus oh: REO Tip of the Day - 07/29/07 10:43 AM
Many of the properties an REO specialist comes across have been abandoned. If you have been inside one, you also know that most of the former occupants will leave a considerable amount of their belongings when they vacate.
If they leave the refrigerator, it should be managed with extreme caution. If the … (35 comments)
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columbus oh: Stinky - Stinky - 07/22/07 10:40 AM
There have been a few posts lately about bad odors in properties and how to get them out. This is a continuous fight in our rentals and reo listings here in Columbus.
Sometimes it is an overpowering pet smell and there is no way to get rid of it other than to rip … (13 comments)
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