All Forum Posts by: Jonathan W.

What is your email? There is nothing listed in your profile.

Generally you need a relationship with the company handling the REO. One way brokers establish relationships is by doing Broker Price Opinions (BPO) for the companies. Do enough BPO's and they may give you a listing.

I didn't receive an email from you. I sent another.

I can't pm. Why is the pm disabled?

I sent you an email. Perhaps we can share some information.

Thanks for the welcome.

I am involved with the high end homes of West Los Angeles. The market has slowed and inventory has increased but prices have not come down much, maybe 5 to 10% so far. Not too many REO's and foreclosures but that is increasing.

Other areas like Palmdale or Compton have been flooded with foreclosures and prices are off 20%.

Start at the bookstore. There are numerous books that will give you all the information you need for $20. Avoid expensive seminars and gurus.
I would just search on Amazon or Barnes and Noble for the top rated or best selling on the topic.

In CA the first to record would have priority. So in your case the Senior would be second in priority and a buyer would still be subject to the Jr. since it was recorded first.

Check with a local title expert to determine the law in your area.

Any Los Angeles Real Estate investors interested in getting together?

I saw there was another thread of prior meetings but the thread was locked.

Anyone know anything about the "Real Estate Investors Club of Los Angeles?"

Jon

Everbank has a website where you can open accounts in different currencies. I think it is a good idea considering the sharp drop of the dollar the last five years. This trend will probably continue because of the imbalance in the trade and budget deficit.