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trustee: Bankruptcy Court Today - 06/08/10 06:24 PM
About a month ago our auction group was hired by a local bankruptcy trustee to sell a residential property at auction.  The lender objected to the offering for a number of reasons, but basically they didn't want the property offered absolute and regardless of price. 
After receiveing the objection, the trustee asked … (3 comments)

trustee: We Don't Respond to Crappy Offers - Says Seller - 11/26/07 07:34 PM
This is a follow up to my recent post  Would You Refuse to Write an Offer? Can You?.
If you read my blog, you will know that I am not too proud to write a low ball offer and, sometimes, encourage it.  If you are going to go that route, you may … (37 comments)

trustee: 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)

trustee: 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)

trustee: 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)

trustee: Working in the Bankruptcy Court – Basics # 1 - 08/21/07 07:19 AM
I recently wrote a very basic blog about a couple of things to look out for when listing property in a bankruptcy case.  It really left a lot out.  Over the next few posts, hopefully I can give a little more detail on working in this arena.
The first thing to get … (4 comments)

trustee: Bankruptcy Listings - 08/20/07 07:59 AM
We all know that the market isn't doing so well.  A lot of Realtors are trying to get into the REO market and, like it or not, many are involved in Short Sales.  According to a friend who is a CH7 Trustee, bankruptcies are increasing and cases that have assets to … (4 comments)

trustee: Typical Bankruptcy Counter - 05/31/07 09:03 PM
Below is typical language for a counter by a bankruptcy trustee in a Columbus OH real estate deal:
1.         This contract shall be contingent upon the following:
            A)        The approval of the United States Bankruptcy Court.
            B)       Obtaining an Order of the United States Bankruptcy Court authorizing the sale of this property free … (1 comments)

 
Richkrusealotlarger Rainmaker_large

Rich Kruse

Columbus, OH

More about me…

Gryphon USA, Ltd.

Address: 9387 S. Old State Rd., Columbus, OH , 43035

Office Phone: (614) 885-0020 x 17

Cell Phone: (614) 885-0020

Email Me

An informative look at the real estate and asset sale professions. The Gryphon Organization provides real estate, auction, receivership and asset management services through a variety of subsidiaries including Gryphon Asset Management and United Country Ohio Realty & Auction Group.


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