Representing Lenders (REO's and BPO's)

Discuss the strategies necessary to start and grow a successful business representing lenders. Network with other REO brokers to stay on top of this rapidly expanding and evolving market.
Submitted by Elisa from CA - 08/06/2011 - 1:07pm

Hi, I received a call today from Reo Solutions and for $295 they will start giving me REO listing in my area. I see there is a company called Absolute REO Solutions that people have given money to and never received a listing. Is this the same company? Does anyone have any feedback on this company? Scam? or Legit?

Submitted by javier garcia from CA - 08/03/2010 - 1:03pm

I am a single dad (step dad). I am losing my home due to a marital separation and can no longer afford the house payment by myself. I haven't made a house payment since June 2009. My home is in foreclosure and up for auction. I have expensive appliances, counter tops and cabinetry that I installed myself after I initially purchased the home. Will I be allowed to legally take those items with me when I'm evicted? I've been paying all of my credit cards by myself and no longer have debt (ALL of my credit cards are paid off). When will I be allowed to purchase a more affordable house?

Submitted by dawn campbell from CA - 05/07/2010 - 2:24pm

not sure how to get to this information

Submitted by Susan from CA - 04/12/2010 - 11:08am

Looking a NOD for a specific Bank (holder of the note). Please provide instructions on how to obtain NOD data for specific banking or financial company.

Submitted by Steve from CA - 02/17/2010 - 7:54pm

Has any Realtor read this book and is it worth the $50?
http://astore.amazon.com/hottopicbooks-20/detail/1432708821

Submitted by Rod Tuazon from CA - 02/17/2010 - 6:04pm

Looking for big time REO agents in NoCal who want to extend their assignments in SoCal. I will partner with you and pay a referral fee to sell and service your REO assignments in So Cal. I do a lot of short sale, but wants to break into the REO world. Over 17 years experience, professional, and dependable. If interested, let me know and I can provide you my contact info. Thank you...

RT

Submitted by Rick Perez from CA - 12/16/2009 - 11:38am

I am a Realtor in Tulare County. How do I become an REO agent? I have the organizational, communication, and follow-up skills required as well as the funds needed to maintain REO listings.

Thanks,

Rick

Submitted by molly from CA - 12/15/2009 - 9:01pm

I am a realtor and work in all over orange county.I really want to work with bank and get some REO properties.How dont know how to start..Any suggestion.

Submitted by poly rico from CA - 09/22/2009 - 1:21pm

Hello - Where can I find a school for REO s certification? I really need to get certificate because I am strugling on the sales side, I am in Los Angeles County and I would really like to work with an asset manager or REO department my contact information is polyrico@aol.com. Thank you and GOD bless you for your help.

Submitted by derrick from CA - 08/11/2009 - 4:08pm

Greetings, can you let me know if the Lane Guide is a worthwhile service? My thought was to try to contact asset managers with cash offers on properties that didn't sell at auction. Perhaps it might be way to make contact wit the banks with actual offers.