reo: Foreclosure Suicide?... A harsh lesson in reality - 07/26/08 06:51 AM
Wow.... this is starting to get out of hand here.  I saw a recent CNN video of a woman that committed suicide in Mass, just hours before the auction sale.... This comes as a striking wake up call about the seriousness and tragic situation the housing industry is in.  Everyone has clients or folks that they know that are in mortgage trouble.  I think it would behoove all of us as professionals to learn how the loss mitigation and loan modification programs work in general, so we can help folks who are in trouble before it gets to another situation like … (1 comments)

reo: Foreclosure U... There goes the neighborhood - 04/13/07 10:07 AM
Ok I may be just a little jaded here but I have to get this off of my chest.  I just received yet another junk email heralding tapping into the new and bountiful frontier.... Selling Bank Foreclosures.....  I have been doing this for seven years....I started doing BPOS ( did hundreds of em my first year) Good quality price opinions, for which I was compensated reasonably ($100.00 Minimum)...More agents caught the wave and the compensation starts dropping...( as did the quality).... Now today I get this email stating the endless income possibilities of doing BPOS,...the best thing is ( get this.... … (108 comments)

reo: Option One Mortgage - 03/23/07 01:01 PM
Just a note to remind any of us who are working with option one's reo division....  THe new listing letters will be out on monday and we have to update mls and send it in relecting the new commission schedule....
If there is anyone out there working them as well, I'd love to know....  COmpare stories etc.....

reo: Flip This House....Good or Bad - 03/19/07 12:28 PM
Ok... So not to step on any toes here or anything, but I'd like to have some opinions here.... I sell foreclosures for a living...not making a killing, but enough in my market that I have had a measure of success at it.  I have been doing it for about 7 years now and I see alot.  Being a REO broker, I am routinely going in and out of foreclosed properties either to list or to provide a second opinion on the properties.  I have notice an increasing trend in properties that have been purchased as a foreclosure, only to end up … (14 comments)

reo: Foreclosure Agents Support Group - 03/14/07 03:15 PM
Hey guys....anyone who does REO interested in telling war stories or in need of a "support group"  I'm open.
Has anybody noticed lately that the proposed commission structure is going down on the list side, yet they are requiring us to do more and more?  Anyone having problems getting reimbursements?  Please comment... I hope I am not the only one!!!!


Rudy Baker

Burlington, NC

More about me…

Century21 First Choice Realty

Address: 3280 S. Church St , Burlington, NC, 27215

Office: 33(658) 400-2123

Mobile: (336) 587-9599

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Ramblings of a Foreclosure Agent's Mind



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