investment: Biggest Loser - REO version
- 01/04/09 06:51 PM
During the month of December 2008, REO in King County sold for an average 86.95% of the banks foreclosure amount or previous loan amount. Which banks closed with the biggest losses on individual properties? Here's the top 5 "Biggest Losers" of the month. #1. Jp Morgan Chase Bank Na (A WAMU asset) @ ..................................39.33%#2. Saxon Mortgage Services Inc sold a home for ..................................56.31%#3. Lasalle Bank National Association (A First Franklin asst) @ .................61.64%#4. Citigroup Mtg Series 2006-Amc1 (An Argent Mortgage asset) @ .........66.01%#5. First Franklin Mtg 2007-1 sold one of their homes for ........................66.83% Who were the biggest sellers of the month? #1. Countrywide with ...............8 units, … (1 comments)
investment: Quick Note For The REHAB Investor
- 07/07/08 11:47 AM
If you are considering a real estate investment, or representing somebody who is, one way to analyze a deal is to be mindful of the exit. With that in mind, I wanted to bring to light the market as buyers see it today. They are no longer buying in to visions of what they couldmake a home look like and seem to have eased up on the 'do-it-yourself' mentality that was so prevalent during the last couple years. Not only have many people now experienced 'do-it-yourself' and found it's not for them, Buyers also have so many homes to choose from that there … (0 comments)
During the month of December 2008, REO in King County sold for an average 86.95% of the banks foreclosure amount or previous loan amount.
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