I attended a meeting last week sponsored by the National Association of Hispanic Real Estate professionals (NAHREP). This group has brought many high quality educational events to the greater Seattle area and I’m so impressed with NAHREP that I decided to join. I have been following the success and growth of NACA, the Neighborhood Assistance […]
Archive | REOs: Real Estate Owned
To the Students from the Dec 13, 2011 class at SKCAR Bellevue on How to Become an REO Listing Broker
Here’s the WA State Foreclosure Fairness Act and here’s the new WA State Foreclosure Resource Guide This is a VERY GOOD PDF for distressed homeowners. Here’s a link to the WA State Bar Association where financially struggling homeowners can apply for free legal aid. Here are some local King/Sno/Pierce statistics on trustee deeds and notice of trustee sales courtesy of […]
To the Students from the July 6, 2011 Class on How to Become an REO Listing Broker
Here is a nice graph showing agency REO inventory and the follow up from Tom Lawler adding private label RMBS REO inventory….and here’s CR’s Graph Gallery. The menu runs left to right across the top of the page, just under CR’s logo. Here’s that news story about MGIC denying a mortgage to a woman on PAID maternity leave….MGIC meet […]
To the Students from the June 22, 2011 Class on How to Become an REO Listing Broker at Preview Properties Marysville
Here is a nice graph showing agency REO inventory and the follow up from Tom Lawler adding private label RMBS REO inventory….and here’s CR’s Graph Gallery. The menu runs left to right across the top of the page, just under CR’s logo. Gene had a good question about finding the bottom and what does that really mean….CR […]
To the Students from the June 9, 2011 Class: How to Become an REO Listing Broker
Hi Everyone, Here’s the follow up from class today. Here’s the graph showing that 96.5 percent of all loans are being backed by the government. Thanks again to CR who allows me to use his graphs in the classroom. Please use this to educate your sellers. Help them understand that underwriting guidelines need to tighten further […]
To the Students from the May 4, 2011 Class “How to Become an REO Listing Agent”
Hi Everyone, Thank you for inviting me to come back to beautiful Ketchum/Sun Valley Idaho. Here’s the graph showing that 96.5 percent of all loans are being backed by the government. Thanks again to CR who allows me to use his graphs in the classroom. Please use this to educate your sellers. Help them understand that […]
To the Students from the Jan 20, 2011 REO Classes
MORNING CLASS Buying REOs Calculated Risk Blog has an entire Graph Gallery that you can access here. We talked about Shadow Inventory this moring. Here’s a good research article on that topic and here’ s the REO Heat Map. I referenced a chart showing the market share of Fannie, Freddie, and FHA loans overlayed with […]
8 Clock Hours: Buying REOs AND How to Become an REO Broker back-to-back Jan 20, 2011
January 20, 2011 Buying REOs and Bank-Owned Real Estate Early Start Time: 8AM to Noon 4 clock hours $54 No-Host Lunch Noon to 1PM How to Become an REO Broker Afternoon Class: 1PM to 5PM 4 clock hours $54 Location: Bellefield Conference Center 1150 114th Ave. SE Bellevue, WA Directions below Join us on Thursday, […]
To the Students from the Sept 2010 Idaho Realtor Convention
Hi Everyone! Thanks for a fun day in Boise! Morning students attended the Advanced Short Sale Class. Here’s the follow up Q&A: Here the link to a summary of the Dodd Frank Wall Street Reform Bill from the Mortgage Banker’s Association. Here’s a link to the most important slide from the ‘market update’ section of […]
To the Students from the Sept 9, 2010 REO class at Prudential NW Realty Federal Way
Hi Students! Here’s the follow up from today’s class. This is an interesting website showing how Hellickson has been spending his time lately. I had a question for myself: What is the current federal funds rate? Here’s a nice explanation from bankrate. The next question I asked myself was, “could the fed funds rate go lower?” […]