Comments on: Why Banks Need To Work Hard Communicating With Potential Foreclosures to Avoid Serious Damage To Homes http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/ Real Estate Blog, Mortgage, and Development News Fri, 20 Nov 2009 23:48:48 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Excel Builders of Murfreesboro TN http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/comment-page-1/#comment-294481 Excel Builders of Murfreesboro TN Mon, 10 Nov 2008 18:19:03 +0000 http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/#comment-294481 Dylan was it a nice deck? Everyone wants to blame someone else about the situation that we are facing and no on is willing to take responsibility for their own actions. Although I believe the banks did have something to do with this along with the Gov but ultimately it is the person who is borrowing the money who is at fault. Dylan was it a nice deck? Everyone wants to blame someone else about the situation that we are facing and no on is willing to take responsibility for their own actions. Although I believe the banks did have something to do with this along with the Gov but ultimately it is the person who is borrowing the money who is at fault.

]]> By: Kerin Cantwell http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/comment-page-1/#comment-243443 Kerin Cantwell Mon, 11 Aug 2008 21:06:30 +0000 http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/#comment-243443 I am seeing the same thing. In one foreclosed home, someone had broken in and removed the built-in vanity and sinks in the master bath -- and they were nothing special! What we are seeing in this area is an unwillingness on the part of banks to make the deals they need to make in order to get the inventory off their books. Last week my client made an offer on an REO, there was another, so both were told to make "best and final", yet the bank then countered the other buyer even higher. This when unit in the same complex with nice upgrades is in escrow for not much more than the banks wants! They need to get real. Kerin Cantwell I am seeing the same thing. In one foreclosed home, someone had broken in and removed the built-in vanity and sinks in the master bath — and they were nothing special!

What we are seeing in this area is an unwillingness on the part of banks to make the deals they need to make in order to get the inventory off their books. Last week my client made an offer on an REO, there was another, so both were told to make “best and final”, yet the bank then countered the other buyer even higher. This when unit in the same complex with nice upgrades is in escrow for not much more than the banks wants! They need to get real.
Kerin Cantwell

]]> By: Dylan Darling http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/comment-page-1/#comment-243421 Dylan Darling Mon, 11 Aug 2008 17:27:04 +0000 http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/#comment-243421 It's getting crazy out there. People undergoing foreclosure are stripping homes. I sold a foreclosure recently that the "foreclosed owners" took the deck! It’s getting crazy out there. People undergoing foreclosure are stripping homes. I sold a foreclosure recently that the “foreclosed owners” took the deck!

]]> By: Cash For Keys - A Way To Keep Foreclosures From Being Trashed — The Real Estate Bloggers http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/comment-page-1/#comment-193196 Cash For Keys - A Way To Keep Foreclosures From Being Trashed — The Real Estate Bloggers Tue, 08 Apr 2008 11:06:47 +0000 http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/#comment-193196 [...] for visiting!If you are buying foreclosures you know some of the horror stories of how the foreclosed upon are destroying the properties on their exit. Well, there is a new concept coming out where the buyers are paying a stipend, called Cash For [...] [...] for visiting!If you are buying foreclosures you know some of the horror stories of how the foreclosed upon are destroying the properties on their exit. Well, there is a new concept coming out where the buyers are paying a stipend, called Cash For [...]

]]> By: Re-Tweeted - 73 Top Posts from the Last Week — SEO Zeitgeist http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/comment-page-1/#comment-189146 Re-Tweeted - 73 Top Posts from the Last Week — SEO Zeitgeist Sun, 30 Mar 2008 23:03:26 +0000 http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/#comment-189146 [...] on a pig? @amypalko - 4×4 Sources of Writing Inspiration: Unpopulated Places @TomRoyce - Why Banks Need To Work Hard Communicating With Potential Foreclosures to Avoid Serious Damage To Hom... @uberaffiliate - The Mindset Of A Millionaire @theotherdrummer - How to manage less by reducing [...] [...] on a pig? @amypalko – 4×4 Sources of Writing Inspiration: Unpopulated Places @TomRoyce – Why Banks Need To Work Hard Communicating With Potential Foreclosures to Avoid Serious Damage To Hom… @uberaffiliate – The Mindset Of A Millionaire @theotherdrummer – How to manage less by reducing [...]

]]> By: When Tweets Collide http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/comment-page-1/#comment-187657 When Tweets Collide Wed, 26 Mar 2008 05:31:26 +0000 http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/#comment-187657 [...] lipstick on a pig? @amypalko - 4×4 Sources of Writing Inspiration: Unpopulated Places @TomRoyce - Why Banks Need To Work Hard Communicating With Potential Foreclosures to Avoid Serious Damage To Hom... @uberaffiliate - The Mindset Of A Millionaire @theotherdrummer - How to manage less by reducing [...] [...] lipstick on a pig? @amypalko – 4×4 Sources of Writing Inspiration: Unpopulated Places @TomRoyce – Why Banks Need To Work Hard Communicating With Potential Foreclosures to Avoid Serious Damage To Hom… @uberaffiliate – The Mindset Of A Millionaire @theotherdrummer – How to manage less by reducing [...]

]]> By: Re-Tweeted - 73 Top Posts from the Last Week http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/comment-page-1/#comment-187546 Re-Tweeted - 73 Top Posts from the Last Week Wed, 26 Mar 2008 01:36:35 +0000 http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/#comment-187546 [...] on a pig? @amypalko - 4×4 Sources of Writing Inspiration: Unpopulated Places @TomRoyce - Why Banks Need To Work Hard Communicating With Potential Foreclosures to Avoid Serious Damage To Hom... @uberaffiliate - The Mindset Of A Millionaire @theotherdrummer - How to manage less by reducing [...] [...] on a pig? @amypalko – 4×4 Sources of Writing Inspiration: Unpopulated Places @TomRoyce – Why Banks Need To Work Hard Communicating With Potential Foreclosures to Avoid Serious Damage To Hom… @uberaffiliate – The Mindset Of A Millionaire @theotherdrummer – How to manage less by reducing [...]

]]> By: Charlotte Real Estate http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/comment-page-1/#comment-186947 Charlotte Real Estate Mon, 24 Mar 2008 16:12:02 +0000 http://www.therealestatebloggers.com/2008/03/24/why-banks-need-to-work-hard-communicating-with-potential-foreclosures-to-avoid-serious-damage-to-homes/#comment-186947 Buying a foreclosed home can be a real headache. I have bought a few the past couple years, and at times I did not know what I was getting myself in to. Buying some foreclosed homes takes alot of creativity when you run into problems. But you can make alot of money if you know what you are doing. Buying a foreclosed home can be a real headache. I have bought a few the past couple years, and at times I did not know what I was getting myself in to. Buying some foreclosed homes takes alot of creativity when you run into problems. But you can make alot of money if you know what you are doing.

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