All Forum Posts by: James Ward

Chris,

The easiest way to fix the time......move to the east coast.

Sorry, I just had to be a smart***!

No problem, sorry for the misunderstanding.

I hope that you are able to find the services that you are looking for. If you have any further questions, call anytime!

At least I can guide you in the right direction.

Thanks

Brian,

Yes in California you have to be licensed to negotiate Short Sales. I was under the impression that you were in a different state upon our call. If I had known that you were in California, I would have mentioned that we will not negotiate Short Sales in California.

I also answered your email first thing this morning. To the exact same effect.

I kind of am taking this post as a dig at my company. If I am wrong than I appologize.

James

Tom,

I would recommend not getting all worried about BPO's. Have who ever is in direct contact with the Lender make sure that you are contacted to schedule any BPO. When a BPO is ordered, the agent then will call you to set up the appointment. (About 90% of the time we get called. Only about 10% or less of the time do BPO agents just go striaght out to the property.)

We have negotiated properties where the Lender(s) only ordered 1 BPO. We also have had many where several BPO's have been ordered.

Unlike smitlit, most of our clients have the property listed from day one. As for the Listing price affecting the BPO. Yes, it can, yet again sometimes. It all depends. You should be focusing your negotiations on justifying the offer, not so much about the BPO. The BPO is only 1 in a series of numbers used by any Lender to calculate how much they will SHort the property for.

There is NO legal way to perform the action!

It depends on how well either type of properties fit into your business plan.

If you feel that Short Sales are best for your business, then you will need to guide your business in a format to keep in line with the changing market.

So, REO's are the same. If you feel that purchasing REO's is best for your business, then move forward.

Some even purchase both. They also must follow the above actions.

As for your HAFA question, you asked the same question several times. It has been answered in another thread.

All successful business make changes in an ever changing market! You must make every effort to stay in front of all changes.

Very interesting post card Nick.
Thanks for sharing!

David,

I have several clients that use VA's and love the services that they provide. I also have a few clients that have contracted with a person locally that will conduct the work for a part time pay. These clients liked the fact that the person was located locally.

Make sure before you use anyone that both you and they understand everything tht is expected.

You might want to look into the above mentioned company. If you want the info about them, go to http://www.Ocala.com.

And by the way, have "fun".

You can find almost every Lenders paperwork on their websites. If you type "short sale" into the search box on the Lenders site, it will take you to the paperwork.

Hope this helps!