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All Forum Posts by: Eric N.

Eric N. has started 2 posts and replied 5 times.

Post: Enlarged lot size on Zillow

Eric N.Posted
  • Residential Lender
  • Phoenix, AZ
  • Posts 5
  • Votes 0

I am aware of Zillow's limitations. I guess I am wondering if agents purposefully change the lot size to make it tougher for someone to use it to figure value.

Post: Enlarged lot size on Zillow

Eric N.Posted
  • Residential Lender
  • Phoenix, AZ
  • Posts 5
  • Votes 0

Many if not most of the Fannie listings here in AZ show up on Zillow with lot sizes 5 times + what they really are. It really distorts the value on Zillow. Does anyone know what is going on?

Post: Auctions or REOs

Eric N.Posted
  • Residential Lender
  • Phoenix, AZ
  • Posts 5
  • Votes 0

I'm going to do that Steve. Thanks!

Post: Auctions or REOs

Eric N.Posted
  • Residential Lender
  • Phoenix, AZ
  • Posts 5
  • Votes 0

Thanks you guys. Steve, I had read most of those threads, but sure enough there was a couple I had not seen, both with great information. From what I remember and what I have heard, the auctions have a number of people there who can be verbally abusive to people who ask questions, newbies, etc. They do all they can to intimidate and confuse other bidders. BG, I will call the county to see what they can offer.

Post: Auctions or REOs

Eric N.Posted
  • Residential Lender
  • Phoenix, AZ
  • Posts 5
  • Votes 0

This is my first post. I have been in the RE business since graduating from college. The past 15 as a loan officer with dabbling in building 12 years ago and flipping home right out of college 20 years ago. The discussions I read hear are better and more interesting than talking to 90% of the people in this business who are simply trying to sell something to someone most of the time. So the question comes down to REOs or auctions. During the boom time in lending I paid all my debts, and I sold my home at the top, banked the dough, and am currently renting. I can easily determine whether the loan at the trustee's sale is the first using the county website. But is there a way to find out if a tax lien is present? I am thinking about pursuing REOs also, but for now with the time I have I will start with auctions. Once again to everyone who posts here, nice job!
This is fantastic! Truly informed discussion has been hard to find.