By Dennis Norman, on October 20th, 2009
Dennis Norman
By: Dennis Norman
Yesterday the Federal Housing Finance Agency (FHFA) released its foreclosure prevention report for July, 2009 for Freddie Mac and Fannie Mae loans. After reviewing the data in the report I would say if you are an agent that works REO’s and/or short sales, you are going to have a steady stream [...]
By Dennis Norman, on October 10th, 2009
By: Dennis Norman
OK, I already know I’m going to aggravate a few agents out there, but it’s really not my intention. I’m going to start out by saying that agents that list REO deals are victim’s of the system they are forced to operate in. Whew, hopefully my CYA is done..
Having said that, at the end [...]
By Dennis Norman, on August 6th, 2009
Dennis Norman
By: Dennis Norman
According to a report issued by the Office of the Comptroller of the Currency (OCC) as of June 2009 there were nearly 2 million foreclosed homes. Many of these foreclosed properties are still vacant and in need of repairs.
Many buyers are seeing these foreclosed homes as an opportunity to buy a home [...]