Comments on: Lis Pendens, Deed in Lieu…it is all Greek to Me! http://agbeat.com/editorials/real-estate/lis-pendens-deed-in-lieu-right-of-redemption-it-is-all-greek-to-me/ News, insights, tools, and inspiration for business owners and professionals Fri, 10 Feb 2012 15:13:36 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: LesleyLambert http://agbeat.com/editorials/real-estate/lis-pendens-deed-in-lieu-right-of-redemption-it-is-all-greek-to-me/#comment-38230 LesleyLambert Fri, 11 Sep 2009 16:19:23 +0000 http://agentgenius.com/?p=16773#comment-38230 I think it is important for us to be well versed on all aspects of real estate transactions. Whether you participate in a foreclosure ever in your career or not is your choice, but you should be educated. I think it is important for us to be well versed on all aspects of real estate transactions. Whether you participate in a foreclosure ever in your career or not is your choice, but you should be educated.

]]> By: Atlanta Real Estate http://agbeat.com/editorials/real-estate/lis-pendens-deed-in-lieu-right-of-redemption-it-is-all-greek-to-me/#comment-38101 Atlanta Real Estate Tue, 08 Sep 2009 11:05:35 +0000 http://agentgenius.com/?p=16773#comment-38101 I don't specialize or even focus on distressed, but my last three sales ended up being short sales. Didn't affect what was going on on my side (buy side) much, other than the initial very low offer we made. RM I don’t specialize or even focus on distressed, but my last three sales ended up being short sales.

Didn’t affect what was going on on my side (buy side) much, other than the initial very low offer we made.

RM

]]> By: renee kische http://agbeat.com/editorials/real-estate/lis-pendens-deed-in-lieu-right-of-redemption-it-is-all-greek-to-me/#comment-38097 renee kische Tue, 08 Sep 2009 07:12:22 +0000 http://agentgenius.com/?p=16773#comment-38097 Thankfully you broke it down to the 101 of the process for the newer agents, but I must say if any agent thinks they are too big for their britches (and believe me there are a lot in the Hollywood area) to service the "low end" such as REOs/Short sales, they are missing a lot of opportunity. Why does real estate tend to attract agents who only work the luxury market or the fixer market? You can have your cake and eat it too! Thankfully you broke it down to the 101 of the process for the newer agents, but I must say if any agent thinks they are too big for their britches (and believe me there are a lot in the Hollywood area) to service the “low end” such as REOs/Short sales, they are missing a lot of opportunity. Why does real estate tend to attract agents who only work the luxury market or the fixer market? You can have your cake and eat it too!

]]> By: Barry Cunningham http://agbeat.com/editorials/real-estate/lis-pendens-deed-in-lieu-right-of-redemption-it-is-all-greek-to-me/#comment-38096 Barry Cunningham Tue, 08 Sep 2009 04:43:45 +0000 http://agentgenius.com/?p=16773#comment-38096 Great info ...but if a realtor doesn't know this info at this point in the game, ...welll it's game over for them. This wa sinfo they needed to know (and info we taught) two years ago. Realtors just learning this are basically toast. Great info …but if a realtor doesn’t know this info at this point in the game, …welll it’s game over for them. This wa sinfo they needed to know (and info we taught) two years ago. Realtors just learning this are basically toast.

]]> By: Missy Caulk http://agbeat.com/editorials/real-estate/lis-pendens-deed-in-lieu-right-of-redemption-it-is-all-greek-to-me/#comment-38079 Missy Caulk Mon, 07 Sep 2009 16:07:18 +0000 http://agentgenius.com/?p=16773#comment-38079 And each state is different, what is law in one state in not in another one. In Michigan we have a 6 month statute of redemption. So even if it goes to Sheriffs sale it can still be sold "short" as the owner still has the right to try to redeem the home. And each state is different, what is law in one state in not in another one. In Michigan we have a 6 month statute of redemption. So even if it goes to Sheriffs sale it can still be sold “short” as the owner still has the right to try to redeem the home.

]]> By: Anaya Chen http://agbeat.com/editorials/real-estate/lis-pendens-deed-in-lieu-right-of-redemption-it-is-all-greek-to-me/#comment-56598 Anaya Chen Sat, 05 Sep 2009 14:37:23 +0000 http://agentgenius.com/?p=16773#comment-56598 <span class="topsy_trackback_comment"><span class="topsy_twitter_username"><span class="topsy_trackback_content">Foreclosure Process- a RealEstate Glossary | Real Estate Opinion ... http://bit.ly/122BGG</span></span> Foreclosure Process- a RealEstate Glossary | Real Estate Opinion … http://bit.ly/122BGG

]]> By: Atlanta Real Estate http://agbeat.com/editorials/real-estate/lis-pendens-deed-in-lieu-right-of-redemption-it-is-all-greek-to-me/#comment-38028 Atlanta Real Estate Sat, 05 Sep 2009 13:02:21 +0000 http://agentgenius.com/?p=16773#comment-38028 Joe, that's nasty. It's amazing how many schemes can be dreamed up by the dark side. Where is this going on? RM Joe, that’s nasty. It’s amazing how many schemes can be dreamed up by the dark side. Where is this going on?

RM

]]> By: Joe Loomer http://agbeat.com/editorials/real-estate/lis-pendens-deed-in-lieu-right-of-redemption-it-is-all-greek-to-me/#comment-38025 Joe Loomer Sat, 05 Sep 2009 12:08:28 +0000 http://agentgenius.com/?p=16773#comment-38025 We've had some legal cases here where investors where giving owners a Deed In Lieu of Foreclosure, then defaulting themselves. Lender came back to the original homeowners because they never approved the original deed. Watch out for the shady bottom-feeders in this market. If it sounds too good to be true, well, you know the rest. Navy Chief, Navy Pride We’ve had some legal cases here where investors where giving owners a Deed In Lieu of Foreclosure, then defaulting themselves. Lender came back to the original homeowners because they never approved the original deed. Watch out for the shady bottom-feeders in this market. If it sounds too good to be true, well, you know the rest.

Navy Chief, Navy Pride

]]> By: Tim Ryan http://agbeat.com/editorials/real-estate/lis-pendens-deed-in-lieu-right-of-redemption-it-is-all-greek-to-me/#comment-38023 Tim Ryan Sat, 05 Sep 2009 05:15:21 +0000 http://agentgenius.com/?p=16773#comment-38023 Foreclosures and short sales may look like two tons of work, but I am doing great here in Naples Florida selling REOs. Foreclosures and short sales may look like two tons of work, but I am doing great here in Naples Florida selling REOs.

]]> By: PR - Real Estate http://agbeat.com/editorials/real-estate/lis-pendens-deed-in-lieu-right-of-redemption-it-is-all-greek-to-me/#comment-56599 PR - Real Estate Sat, 05 Sep 2009 04:34:23 +0000 http://agentgenius.com/?p=16773#comment-56599 <span class="topsy_trackback_comment"><span class="topsy_twitter_username"><span class="topsy_trackback_content">Lis Pendens, Deed in Lieu…it is all Greek to Me! http://bit.ly/E5uBq #postrank #real_estate</span></span> Lis Pendens, Deed in Lieu…it is all Greek to Me! http://bit.ly/E5uBq #postrank #real_estate

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