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All Forum Posts by: Norm Swansen

Norm Swansen has started 1 posts and replied 4 times.

Foreclosures

Post: REO regulations

Norm SwansenPosted
  • Real Estate Investor
  • Jenkintown, PA
  • Posts 4
  • Votes 0

Is that not uncommon for you to have properties near the 500 day mark? Anything unusual about them that they sit that long?
Thanks,

Norm Swansen

0 Votes
Foreclosures

Post: REO regulations

Norm SwansenPosted
  • Real Estate Investor
  • Jenkintown, PA
  • Posts 4
  • Votes 0

Thanks Wheatie, good information to pair with DOM.

0 Votes
Foreclosures

Post: REO regulations

Norm SwansenPosted
  • Real Estate Investor
  • Jenkintown, PA
  • Posts 4
  • Votes 0

I thought I read that banks must keep a fixed dollar amount liquid for every dollar of bad debt. If so does this impact their abaility to lend.

0 Votes
Foreclosures

Post: REO regulations

Norm SwansenPosted
  • Real Estate Investor
  • Jenkintown, PA
  • Posts 4
  • Votes 0

Hi everyone! New on the block. Have enjoyed all of your info.
Are there regulations that dictate how long a bank can hold a property or how many it can have at any given time?

0 Votes