foreclosure: Foreclosure Problems - 12/04/08 05:43 AM
Is anyone else having serious problems getting listing agents and banks to respond on offers for bank owned properties?
Twice, with two different offers, different banks and different listing agents, it took over 2 weeks to get responses.  Some of this was due to the banks, but most was due to the lack of attention by the listing agent.
Both times, it was near impossible to talk directly with the listing agent.  I was religated to assistants that didn't return calls, assistants that could not discuss anything without talking to the agent.  These listing agents are playing numbers.  They get a large inventory … (0 comments)

foreclosure: Mortgage Crisis? - 04/21/07 05:48 AM
I would love to hear from lenders in the network who are willing to talk about the current mortgage crisis.  I know when the market was HOT, subprime lenders were fat and happy handing out loans to barely qualified, and sometimes unqualified clients.  Real estate agents participated in this as well, this is not an attempt to blame lenders.  For the most part, Lenders (and real estate agents) are honest and ethical people trying to make a living.  But we all can admit, there are/were "slugs" in the business who prayed on people and their desire for the american dream.
People are … (6 comments)