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Asset Managers do CARE?....proof is in the pudding

I want my Faith restored & more validation....

Have you ever had a great experience that the banks were a caring entity to YOUR short sale file or YOUR reo file?

Rumors are rumors which are just rumors or maybe your life experience has put you in that thought process... bank

Laura Gray shared a story that is amazing....A wells fargo asset manager was reading her files & one struck her as odd. There was a home for sale at $9,000 but not just any home, it was a historical style old mansion. There was a $30,000 unpaid water bill/lein on the property. She got excited about the price & knew she would have an offer on her desk to get this home moving to a new buyer....read the full story here

Rich Cruse shared a story about asset managers getting houses ready to be rehabilitated & rented out for now...

As I was researching i found that we need to hear more & more good experiences. I know they are out there, so lets hear them....reply with some success & good news please....

Posted by Christina ONeal ~ Ripon, California realtor on 03/29/2008 01:04 PM

Comments (4)

asset managers, caring heart, banks with feelings

Post is included in group: Customer Service Excellence

4 Comments on Asset Managers do CARE?....proof is in the pudding

MAR

2008

Thanks for the encouraging stories. They're really nice to hear for a change. :)

Debi - Thanks I felt the same way. I am hopeing we find more good stories.

APR

2008

You gotta love an asset manager who has the blinders on, pricing a home $25,000 to $50,000 under market.

Its that sort of asset manager that makes a buyer happy. The seller doesn't "care", and as a seasoned investor in the financial markets, I'm very sure I am correct in this conclusion.

The market system works - it gyrates, vascialtes, contorts, and corrects in a continual fashion to determine "true value" of a product or service. It can over-correct, both to the high side and to the low side.

Asset managers are a financial institutions means of trying to re-establish that true value, and until emotions are put into perspective, there always will be swings in both directions.

Three months ago buyers were "waiting for a better deal" ... now they are "waiting in line" to see if their offer is accepted ... an offer that is priced over the listing price.

Its a silly process, but in a of market increased uncertainty, there is a process of increased volatility.

As long as asset managers keep working to "smooth out" the volatility, they are doing the market as a whole a benefit. If they try to capture on this recent increase in buyer interest, and increase prices in greedy fashion then they are just another part of the problem.

Doing what is right to help the "average American family" live the "American Dream" is really what it is all about. If the average worker cannot afford a home, we really have no future as a nation, plain and simple!

The reward of seeing the average American smile knowing they have a new home for their family ... PRICELESS!!!

Keep making that happen Christina!

Regards, Jeff Bond
"Serving Those Who Serve"

JUN

2008

I had a situation where an asset manager actually called me and told me of a person that was about to go into foreclosure with $80,000 in equity and they couldn't get a hold of the person. She didn't feel it was right for a person with that much equity should just give their home away. I did contact them, they did end up using someone else, but I didn't care, at least I felt good about letting them know they had money that they were about to throw away.

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