List REO Properties
Dear Agent,
This Could Potentially Be The NEXT BOOM Opportunity in Real Estate because $600 billion worth of mortgages will reset at higher interest payments in 2009 and 2010 causing millions and millions of foreclosures nationwide.
The real estate market all across our nation has changed in the past few years. Foreclosures are at all time highs and short sales flood the market. Many industry analysts believe this is only the beginning of a massive wave of foreclosure which is expected to hit the market in the coming years. In 2008 alone there have been over then 2.2 million foreclosures which is more then twice the amount in 2007. Industry experts and government officials believe over the next five years there will be millions of more facing foreclosure during these tough economic times.
The wave of foreclosures hitting the market now and in the foreseeable future is absolutely overwhelming financial institutions nationwide while they struggle to find agents who specialize in performing Broker Price Opinions also known as BPOs.
Banks are going to need Real Estate Agents to help complete Broker Price Opinions and List and Sell Foreclosed inventories.
This is the chance to for Real Estate Agents to ramp up their business!
Click here for more info List REO and BPO Kit
List REO Properties News:
Thinning Loan Loss Coffers May Restrict CRE Lending (CoStar Group):
In addition to keeping an eye on declining property values, falling rents and rising vacancy rate numbers, the commercial real estate community is also concerned over ominous signs in banking industry numbers. One big area of concern is the fact that...
Clear Capital Reports Home Pricing Data Through February 2010: National Year-Over-Year Price Increase Reaches 5.0% (Marketwire):
While Year-Over-Year Sales Remain Positive Through February, the Most Recent National Quarterly Gains Are Flat, Showing a Softening During the Winter Months
Clear Capital Reports Home Pricing Data Through February 2010: National Year-Over-Year Price Increase Reaches 5.0% (Marketwire via Yahoo! Finance):
TRUCKEE, CA--(Marketwire - 03/04/10) - Clear Capital ( www.clearcapital.com ), a premium provider of data and solutions for real estate asset valuation, investment and risk assessment, today released its Home Data Index (HDI) Market Report. Patent pending rolling quarter technology significantly reduces the multi-month lag time associated with other indices to help ...
Put Customers First, and You’ll End Up No. 1 (RISMedia Real Estate News):
RISMEDIA, February 24, 2010—Home sales are creeping up, short sales and loan modifications are being streamlined and consumers are recognizing the value of Realtor guidance. It’s all having a positive effect on many agents whose businesses saw a marked slowdown in…
Newcastle Announces Fourth Quarter and Year End 2009 Results (Business Wire via Yahoo! Finance):
NEW YORK----Newcastle Investment Corp. reported that for the quarter ended December 31, 2009, GAAP income was $16.5 million, or $0.31 per diluted share, compared to a GAAP loss of $51.48 per diluted share for the quarter ended December 31, 2008.
