REO Training Video: Uploading Pictures to Dropbox

January 24, 2010

This video demonstrates how to uploaded photos to Dropbox for Shandrow Group properties.
If you want to give Dropbox a try, check it out here:  https://www.dropbox.com/referrals/NTMzNDM4ODA5

Read the full article →

REO Training Video: How do to an initial Occupany Check?

January 17, 2010
Read the full article →

REO Training Video: How to take photos of listings?

January 17, 2010
Read the full article →

Foreclosure Alternatives: Short Sales and Deeds in Lieu

January 15, 2010
Thumbnail image for Foreclosure Alternatives: Short Sales and Deeds in Lieu

If you’ve been denied a loan modification and can’t afford to pay your mortgage, you still have a couple of options. To avoid foreclosure, consider a Short Sale or a Deed in Lieu of foreclosure.

These options allow you to sell or walk away from your home without incurring liability for the loan deficiency.

Read the full article →

Is She Winning the Lottery or Recieving Cash for Keys?

January 12, 2010
Thumbnail image for Is She Winning the Lottery or Recieving Cash for Keys?

Well, it’s definitely one of the biggest Cash for Keys checks I’ve seen.

This is one of my contractors, Dan Bayless, giving a Cash for Keys check to the occupant of a foreclosed home. The bank paid her $4,000 to move out.

She looks like a lottery winner, doesn’t she?

Read the full article →

2009 Year in Review and Looking Upward to 2010

January 4, 2010

Okay, I have spent the majority of the past few days putting together my final numbers for 2009. Typically, I don’t start this activity until at least a week or so into January, but this year I am ahead of the curve. I am already putting the right foot forward for the New Year. This is a good sign.

My neighbor, Rob Weaver, started me out today already asking, “So, did you sell 100 homes this year??” My response, “Yes, and, um, no.” Pretty weak answer, really. For the record, Rob, I am going to say “No” from here on in. Let me explain . . .

Read the full article →

Real-Time REO Reporting – Pre-Trashout Inspection @ 5966 Cypress Point

December 31, 2009
Thumbnail image for Real-Time REO Reporting – Pre-Trashout Inspection @ 5966 Cypress Point

This is it. Our last REO Reporting post of the 2009.

Adam and I are just going through the “Pre-Trashout Inspection” of 5966 Cypress Point, Long Beach so we can make sure it’s ready for our Open House on Saturday.

It’s a beautiful 4 bedroom 3 bathroom home with lots of natural lighting and wide open spaces. It’s in an upscale area in Long Beach. Cypress Point is collection of townhomes and detached homes in on quiet tree-lined streets in the heart of Long Beach, CA. It’s very family and commuter friendly neighbourhood.

Read the full article →

3 Questions to Ask Before Considering a Short Sale

December 29, 2009
Thumbnail image for 3 Questions to Ask Before Considering a Short Sale

If you are thinking of pursuing a Short Sale because you’re falling behind on your mortgage payments, you might want to consider these questions before listing your house.
How Should I Price My Short Sale Property?

Ask any Short Sale brokerage and they will tell you to price your property at or near fair market value, but it’s a good idea to begin with the total debt amount owed to your lender. How frequently you reevaluate your price will depend on how far along you are in your foreclosure process and the value of the housing market at that point in time.

Read the full article →

Real-Time REO Reporting – 5500 Ackerfield 310 Long Beach, CA

December 22, 2009

This one bedroom, one bath condo at 5500 Ackerfield 310 in Long Beach, CA 90805, has a a lot of potential.

But it still needs to be cleaned. Very badly.

Yikes.

So if you’re looking to buy a 1 bedroom condo priced around $50,000, give us a call today.

Read the full article →

How Will Fannie Mae’s First Look Initiative Affect REO Properties

December 15, 2009
Thumbnail image for How Will Fannie Mae’s First Look Initiative Affect REO Properties

A few months ago, Fannie Mae announced introduced the First Look Initiative. For new home buyers who are looking to get the best deals on properties before investors get to them, this is good news.

Why?

Because the main goal of this new initiative is to encourage neighborhood stabilization by giving owner occupants a chance to inspect new listings before investors have a chance to submit purchase offers. Owner occupants are home buyers who plan on living in the home and keeping it as their primary residence.

Read the full article →

← Previous Entries

Next Entries →