ARCHIVED BLOG POSTS
The absolute worst part of working foreclosed properties is having to evict a tenant or former owner from a foreclosed property. When a bank first gives us a new foreclosure to manage and sell the first thing we have to do is check occupancy. Checking occupancy is just visiting the property to se...
I'm approached by many first time home buyers on a weekly basis. The first thing they always ask me is to find them a foreclosed property at a great price. This blog entry will cover the initial points I try to cover when I initially consult with a new first time homebuyer interested in a foreclo...
Is it right to strip a house you are about to lose? I see this happen quite often in middle to high end neighborhoods. Recently we took over a house in Burr Ridge, IL which is a high end suburb of Chicago. The house was easily a $1,500,000 house even in this market. The neighborhood was completel...
Going on my 3rd year of listing and selling REO properties the one thing that never changes are people (real estate professionals or buyers) stealing the key and or lockbox for well-priced HOT properties. I find this happens quite often, not just on my listings, but also other agent's listings. I...