Keyword: REOs
Completed foreclosures drop 24% over the year
A shift in foreclosures CoreLogic released its first national Foreclosure Report which provides monthly data on completed foreclosures, foreclosure inventory and 90+ delinquency rates, reporting that completed foreclosures for all of 2011 totaled 830,000 compared with 1.1 million in 2010. CoreLogic notes that since September 2008, there have been approximately 3.2 million completed foreclosures. Completed foreclosures fell from November (57,000) ...
Banks severely limit how REO agents phrase MLS listing descriptions – outrageous
Truth in advertising is dead. Thanks, banks. Someone, somewhere, has decided that truth in advertising no longer matters. Many corporate clients, meaning banks, have started dictating what can, and cannot be said in the MLS. It isn’t about getting the property sold, but “selling” the property. This has made working the REO niche a tad complex at times. Ultimately, a ...
Is the Buyer Pool Shrinking For Foreclosure Properties?
Foreclosure scene is changing Today, a new Harris Interactive poll shows the percentage of buyers at least “somewhat likely” to consider buying a foreclosed property fell from 55% in May to 43% in November. Is this a sign that the buyer pool is shrinking for foreclosure properties? On top of the news of an overall waning willingness to purchase foreclosures, ...
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Completed foreclosures drop 24% over the year
A shift in foreclosures CoreLogic released its first national Foreclosure Report which provides monthly data on completed foreclosures, foreclosure inventory and 90+ delinquency rates, reporting that completed foreclosures for all of 2011 totaled 830,000 compared with 1.1 million in 2010. CoreLogic notes that since September 2008, there have been approximately 3.2 million completed foreclosures. Completed foreclosures fell from November (57,000) ...
Banks severely limit how REO agents phrase MLS listing descriptions – outrageous
Truth in advertising is dead. Thanks, banks. Someone, somewhere, has decided that truth in advertising no longer matters. Many corporate clients, meaning banks, have started dictating what can, and cannot be said in the MLS. It isn’t about getting the property sold, but “selling” the property. This has made working the REO niche a tad complex at times. Ultimately, a ...
Is the Buyer Pool Shrinking For Foreclosure Properties?
Foreclosure scene is changing Today, a new Harris Interactive poll shows the percentage of buyers at least “somewhat likely” to consider buying a foreclosed property fell from 55% in May to 43% in November. Is this a sign that the buyer pool is shrinking for foreclosure properties? On top of the news of an overall waning willingness to purchase foreclosures, ...
Benn Rosales
Conal Campbell
Elijah May
Lani Rosales
Tara Steele
Marti Trewe
Charlene Jimenez
