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Updated almost 17 years ago on . Most recent reply
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Does anyone have any tips on getting the banks to take less?
I am getting frustrated with the banks. They must not be bleeding as bad as the nightly news claims.... They ask for a good packet, I give them a great packet. They schedule the BPO, I'm there everytime to influence: low comps, repair estimate, reference to the declining local job market, list of sex offenders in close proximity.... Don't get me wrong, I'm still moving property. However, the spreads aren't as great as I had hoped. The gurus claim these huge checks, I'm still waiting!....My market is absolutely desperate. The prices have fallen off the deep end, investors aren't buying much above 65%, homeowners have become prevy. What gives?....Are there any mitigators or REO attorneys out there thet know something I don't? If so, please chime in.