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All Forum Posts by: Richard J.

Richard J. has started 4 posts and replied 118 times.

Post: Meeting the BPO Agent....

Richard J.Posted
  • Real Estate Investor
  • Carlsbad, CA
  • Posts 151
  • Votes 17

Thanks for the correction! Shame on me. To err is human.

You are currently set up in our web-based TU Track Appraisal Order system. Your coordinator is Jessica Nadolny, who can assist you with any questions. Jessica's number is 1-800-833-8283 ext. 180.

An email notification will be sent to you from neworder@tuvaluations alerting you an order has been assigned to you.

IF YOU HAVE A SPAM BLOCKER PLEASE REMEMBER TO ADD THIS EMAIL ADDRESS TO YOUR LIST OF PEOPLE TO ACCEPT EMAILS FROM. ORDERS WILL NOT BE FAXED ON A REGULAR BASIS.

- Once email is received click on link within email or visit https://webforms.tuvaluations.com/rep

- It will ask for a username and password, enter the above information. (All lowercase)
- Click on " Remember my password" this way you will only need to enter the information once.

- Once you are logged in- you will see a list of your orders.

- Click on the ACT link (it will be green.) That will give any notes pertaining to the order.

- Click on the address link and it will bring up the detailed order. At the bottom of the screen it will ask you to decline or accept the order. Please click Accept or Decline.

IF YOU HAVE ANY ISSUES WITH THIS ORDER- PLEASE DECLINE THE ORDER AND LIST WHY YOU DECLINE IT IN THE DECLINE BOX.

- If you do not have any orders assigned to you at the time the screen will be blank.

Attached is a more detailed manual on how to use the website.

Completed appraisal reports will need to be emailed to [email protected] and all alternative valuation reports will be completed on-line. For either type or report, if you are unable to complete the order through email or the website, please fax completed report to 716-632-1337.

Please make it a habit to check the website at least twice a day for new orders. You do not need the email to log into the website.

If you have any other questions please call Vendor Management at 1-800-318-2281 Option 7.

Melissa R. Herring
Vendor Management
TransUnion Settlement Solutions, Inc.
8215 Forest Point Blvd.
Suite 100
Charlotte, NC 28273-5668
Tel: 1-704-731-2418
[email protected]
www.transunionssi.com

-- Dawn

Post: Meeting the BPO Agent....

Richard J.Posted
  • Real Estate Investor
  • Carlsbad, CA
  • Posts 151
  • Votes 17

You get what you pay for? or do you? All the folks whining when they bought homes way over their financial ability and now whining that a BPO is too high? Let me hand you a tissue as you put the keys in the ignition of your TAX PAYER PAID MERCEDES or your silicone boobs, yep, that's right, most the people that are upside down used their home to buy crap that they did not deserve and need and now the American "workers" are set to pay for it for years to come. For $42.00 you want a Agent to spend 4 to 6 hours working on a BPO? Get Real!! If you would like more information on BPOs or if you would like to get into that line of work...
www.kimclass.com is a site that I have no relationship with, she was in business years ago, not sure if she still is. It is easy to put people down for doing real work, while everyone else is out to make a quick buck. If you do not like a BPO, then use some of the money you are saving from not paying rent or your house payment and pay for your own darn appraisal!!! -- Dawn been there done that.

Post: Volume Rehabbers

Richard J.Posted
  • Real Estate Investor
  • Carlsbad, CA
  • Posts 151
  • Votes 17

Love to get the scoop on that too, as one of our partners is ripping us off big time... overpaying on supposed repairs and overpaying on commissions, we still make a pretty penny, but no one likes dishonest partners!!! Thanks for the Q!
We list our own props and save on the listing commission. We were originally paying 4% to the Selling side but then realized not only did the incompetent agents not deserve it, but with the Buyer demand, we could probably get away with 2%, but we do pay a fair 3%.
Best of Luck! Yeah Brown!!!!! -- Dawn

Post: Did Foreigners Cause America's Financial Crisis?

Richard J.Posted
  • Real Estate Investor
  • Carlsbad, CA
  • Posts 151
  • Votes 17

I believe we as a nation are bankrupt when it comes to our housing crisis; according to Webster's New World dictionary, bankruptcy is (2.) complete failure, ruin. I do not know how you could or would be able to define what the American housing industry is going through right now as anything other than a complete failure and soon enough it will engulf our commercial real estate. There is plenty of money to be made by investors, but the great divide will widen and it is those at the top of the pyramid who will be taxed handsomely to pay for the bankrupt actions of the self-appointed "gods" of distribution. The vote dollars wil be hand delivered to the masses at the bottom... or will they? It will be interesting to see how Brown fares in Massachusettes. Only registered foreigners can vote, unless of course there is corruption? -- Dawn

Post: Did Foreigners Cause America's Financial Crisis?

Richard J.Posted
  • Real Estate Investor
  • Carlsbad, CA
  • Posts 151
  • Votes 17

From an indiviual standpoint, perhaps the current national crisis does not appear to be that bad; but the ripple effect is yet to be felt and when people you know such as neighbors, relatives and friends begin to suffer the effects whether 3 to 7 years from now, surely you will know that you misunderstand/misstate the depth and magnitude that the greedy majority of ill-advised, under-educated irresponsible persons ; their ignorant and careless spending fueled on by the equally careless greedy, ill-advised, over-educated majority of government and corporate management. We cannot afford to ignore that what anyone else does in this world, will sooner or later affect us or someone close to us whether in this lifetime/generation or the next. And until we learn to avoid previous mistakes, we will undoubtedly repeat them. No more sleeping lions, wake up America! The homeowners in default for the most part are hoodlums, the tax payers will be basically subsidizing the defaulted homeowners as the 2nds go bankrupt, our banks collapse as FDIC (taxpayers) pick up the tab.. where do you think the money is coming from to pay our collapsed banking system? It will be the near future generation... inflation is on our doorstep. It is a crisis... the poor will get poorer and as food gets more expensive, the American taxpayer (Only the working, earning Americans by the way, the majority that abused the "everyone should own a home policy" by using their home as a ATM card will get welfare and foodstamps and guess how the gov't will pay for that? HIGHER TAXES. What happens when income taxes go up? People lose the incentive to make more money, "no not everyone" but enough for the "creative Americans" to retire. Meanwhile the Americans or immigrants who decide to have a "free lunch" are able to watch propaganda all day for the better way of life of free handouts if they will just cast the right vote, the vote for taxpayer paid for medical care. The housing crisis is not left or right, it is government and corporate corruption at its finest. We need a tea-party to demand accountability. The foreign investors if anything only gave us more rope to hang ourselves. -- Dawn
unedited
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Post: Did Foreigners Cause America's Financial Crisis?

Richard J.Posted
  • Real Estate Investor
  • Carlsbad, CA
  • Posts 151
  • Votes 17

Well, Caballero did a good job at getting his name out there, but in my opinion it is ridiculous. 40 to 1 leverage and the Moody's triple A stamp is what did it with the "everyone should own a home" baloney. When people buy homes that they cannot afford, just to flip to make a quick buck with the CDOs and triple A stamp of approval, you have the housing market on steroids... a crime! And if we do not learn from this crash, we are DOOMED! -- Dawn

Post: Partner up on SCAL "We Buy Houses" classified ad

Richard J.Posted
  • Real Estate Investor
  • Carlsbad, CA
  • Posts 151
  • Votes 17

I like the way that you think big and play with partners, if we were into that mode of operation, we would jump in with both feet! Good Luck to you! -- Dawn

Post: Do You Get 500% Returns?

Richard J.Posted
  • Real Estate Investor
  • Carlsbad, CA
  • Posts 151
  • Votes 17

Yep, honesty is the best policy. Let the perfect person cast the first stone. We'd all love 500% return, no doubt about that! -- Dawn

Post: FHA 90 Day Seasoning (the Flip Rule) Waived as of Feb 1st, 2010

Richard J.Posted
  • Real Estate Investor
  • Carlsbad, CA
  • Posts 151
  • Votes 17

Thanks for the post Ted, that is a big plus for investors and FHA borrowers who are the needy ones blocked by the idiotic anti flip rules. Amen!
-- Dawn

Post: Meeting the BPO Agent....

Richard J.Posted
  • Real Estate Investor
  • Carlsbad, CA
  • Posts 151
  • Votes 17

I think the whole idea is for you not to influence the BPO or the Appraisal... it should be independent of any influence or persuasion. Part of the reason we are in the financial crisis as a nation is the "persuasion" of selfish greed.

BPOs are typically just drive bys, they aren't paid enough to get out of the car for more than a couple snap shots.

We should all be grateful for honest BPOs and Appraisals without selfish greed playing into the numbers, lest we go deeper into a national financial collapse. we are teetering here financially as a nation... it is a real dilemma. Good Luck! -- Dawn