Hi Everyone,
Here’s the follow up from the REO class today.
Here’s a link to the Chase website. When Chase representatives were in town recently, they mentioned that they prefer to use an asset management company to market their REOs. At the bottom of this website is more info on how to work with their asset management vendors.
Here is the direct link to DFI’s list of state chartered banks.
Here’s the link to Jess and Julie Lyda’s blog with statistics on Snohomish County!
That’s it. THANKS for coming to class today!
Here’s the link to the American Land Title Association, ALTA.org Scroll down to “basic policies” and then find the “homeowners policy.” They provide a Word doc download.
There was a request to view a master listing agreement. I found several. Just google using these keywords: sample master listing agreement reos and you will be able to see several sample PDFs.
And here’s a story from the Everett Herald that paints a picture of what happened at Frontier Bank with construction and development loans. The few consumer comments at the end are…interesting.