The foreclosure filing rate in Kenosha County in July remained at a steady rate compared to last year, with a slight increase of 4% over 2007 (a 50% increase over 2006) As an agent that specializes in REO sales and Pre-Foreclosure sales, I have noticed a sharp increase in REO business over last year. More importantly, I have noticed that the REO sales are driving the market in several neighborhoods. This means that homeowners who are looking to SELL their homes are also being affected by the high fore rates.
Home … (2 comments)
reo: <b>HEY ACTIVE RAIN... I WANT MY MONEY BACK</b>
- 04/18/07 02:49 PM
So often there is little to say about the kind of SERVICE being provided, or things that are really of value. The OFFICIAL ACTIVE RAIN BLOG posted an article recently called ACTIVE RAIN TAKES SOME DOWNTIME. I was about to post a smart alek comment like "don't let it happen again" when I started thinking about all the value this site has afforded me in the short time I have been a member. (Picture courtesy of affordablehousinginstitute.org) For Example - As a foreclosure specialist I have tapped in to the resources provided by Melissa Schnieders about getting REO BUSINESS. She even emailed me to refer … (40 comments)
reo: Are you an INVESTOR? Who does your agent represent?
- 03/28/07 04:09 AM
As an expert on the Kenosha Foreclosure market, I often know what properties are coming on the market as REO's before they are even on the market. My team keeps records of the Kenosha Sherrif's Sale and we not only know what the bank paid at auction for the property, but often we have been in the property consulting with the previous home owner and know the condition of the property. Because in Wisconsin agents are assumed to be sub-agents of the sellerp; I ethically and legally cannot advise investors what they could or should pay for the property, or give any … (0 comments)
Foreclosure Rate Remains Steady in Kenosha County
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