Comments for realestateroadkill-columbus.com

Comment on Demand Increasing for Foreclosed Homes by Kensington real estate

Kensington real estate — Thu, 17 Sep 2009 19:01:17 +0000

Yeah, now is the time to buy homes for those who’ve still got money. But the positive news is that the house prices are slowly rising again. The rise in foreclosures is just shocking and people are struggling so banks taking over but I wonder whether selling at even half-prices does any benefit to these banks.

Comment on Credit After Foreclosure, Short Sale or Bankruptcy by foreclosure short sales

foreclosure short sales — Sat, 25 Jul 2009 16:15:31 +0000

This article is really interesting. I got a bit knowledge about the short sale.

Comment on New Policy on Short Sales Could Reduce Foreclosures by Loan Modification

Loan Modification — Fri, 10 Jul 2009 16:32:01 +0000

I found your blog because I wanted more information. The content you have on your blog needs to be discovered so I have added you to my Google News Reader. I really look forward to reading more posts from you.

Comment on New Policy on Short Sales Could Reduce Foreclosures by Bank of America Loan Modification

Bank of America Loan Modification — Fri, 19 Jun 2009 01:29:50 +0000

Your post is very well crafted and I have learned so much about your interests and Bank of America.

Comment on New Policy on Short Sales Could Reduce Foreclosures by Lynn

Lynn — Thu, 18 Jun 2009 20:30:34 +0000

Thanks for great information. Found it very helpful.

Comment on Buying A “Short Sale” Property by GarykPatton

GarykPatton — Tue, 16 Jun 2009 04:06:22 +0000

You know so much interesting information. You might be very wise. I like such people. Don’t stop writing.

Comment on Foreclosures – How To Invest Successfully by KattyBlackyard

KattyBlackyard — Mon, 15 Jun 2009 03:56:20 +0000

Great post! I’ll subscribe right now with my feed reader software!

Comment on Are Short Sales “All Work & No Pay” ? by Kelly Brown

Kelly Brown — Fri, 12 Jun 2009 22:37:36 +0000

Hi, very nice post. I have been wonder’n bout this issue,so thanks for posting

Comment on Are Short Sales “All Work & No Pay” ? by Kelly Brown

Kelly Brown — Fri, 12 Jun 2009 20:54:08 +0000

Hi, great post thanks for posting. Information is useful!

Comment on New Policy on Short Sales Could Reduce Foreclosures by Jim Ferrell

Jim Ferrell — Wed, 10 Jun 2009 15:42:59 +0000

We do a lot of short sales, REO’s, and our real estate brokerage does thousands of BPO’s per year for the lenders. Therefore, I can tell you that this is a great blog by Richard Butler on the national problem. In addition to this, I would like to add that the lenders have to take the lower payoffs because if they don’t the price will even go lower, or in most cases it will go to foreclosure costing them thousands more. Then, everyone looses!

Then to, the lenders need a system to speed up the short sale process, as I have mentioned to several before. One method is to do a quick BPO and see if the offer is anywhere near it. The vast majority of the BPO’s we do are, as they are not “low ball” offers! Their loss mitigation clerks can then quickly submit for an approval, before they loose them, instead of the current process of letting them sit for a couple of months.