Jesus (Jesse)'s Blog

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Real Estate Broker/Owner - Liberty House Realty LLC
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You may have been all caught up in the looming "sitmulus plan" news that you may not have heard of a recent vote that took place in the House Judiciary Committee.This vote could potentially reduce foreclosure nation wide but, at what cost?Basically, the bill lets Bankruptcy Judges alter the term ...
An article by Jennifer Harmon with highlights just another reason why I believe that REO's are not what banks want and that our industry is in the beginning stages of a paradigm shift. Back on October 8, 2008 I wrote a blog titled, "REO's Become Extinct" which focused on the i...
OHHHhhhhh.....this blog is going to ruffle some me! This is my biggest complaint with the "Appraisal" Industry and that is, they don't appraise anything and, you can quote me on that one.Ok, so the appraiser gets and order to go out to a home and appraise it. Well, on the paperwo...
Have you heard that banks will accept a certain amount of loss on their default real estate portfolios as a rule of thumb across the board? Have you heard that all banks are willing to take 20% less than the listing price?. Have you heard that all banks over price their listings because they know...

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