I have posted a few blogs and I have come up with a great idea! I am likely foolish for posting this and I am likely not the first to think of it. Many of you can agree the Foreclosures especially in areas like Sacramento, Riverside, Las Vegas, and Florida to name a few are increasing drastically. While loans have changed and we are seeing a refinance boom for traditional conforming limits many people can not afford nor qualify. Especially in higher markets. I have seen many properties that require jumbo financing just sit for months. So what's new? It's been like this for the last few years. Many of you Realtors have pounded on my e-mail (assuming I still was employed with Countrywide) harder than any spam that I get. You are trying hard to get "In" to be approved with lenders like Countrywide because buyers want REOs. So who's making good money? Either the Superstar Realtors who always make great money, but face it not as much as they used to, or the Realtors approved to sell REOs. Well in the BULK SALES we help investors buy REOs from the banks between 40-50% on average. Some resell for 50-70% and others are Brokers buying for the resell at less than market 70-90%. Would you like to sell these? Unless of course they are providing them to their own agents why not create a sub-market for our BULK Process. What do you think? Would you work for me or an associate if I can arrange some business for you?? In mortgage ops the latest software always required a work-around. If the banks won't approve you why not!
Andrew T. Clemente
949-677-6394 Cell
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