That actually makes sense though...Site worth calculators typically go off of Alexa ranking, # of visitors per day, & daily ad revenue...the calculation actually seems pretty accurate if you were to try selling the site on something like flippa to an website investor...

As an investor submitting offers on multiple REO & short sale properties daily, manually printing out the offer and wet signing it, scanning, and then emailing back is way too time intensive & unfeasible.

Most of the time they have a balance transfer fee of 3%, but my husband and I just each received a targeted offer with no fee.Our highest mortgage rate is 6.75% and it's a simple interest mortgage, meaning interest is calculated daily.

I know HUD houses are sold through daily auction, so I assume listing agent can not affect HUD's decision on whether to accept an offer or which one to accept.

I send my wife and daughter out on a daily basis to look at properties in Pontiac, and if I thought it was as unsafe as you paint the picture to be, there's no way I would be doing this.

The REO listing agent depends on volume (quantity) of transactions, because the listing side on REO does not pay out the big commission percentages.

The rate is not fixed and adjusts daily.

In the days when title companies and settlement agents were doing big volume this was not a big deal because they could afford to eat the cost of title if you backed out.

There is very little new con happening, so as an investor you offer oppertunity for volume.

They never thought they would have to take apart these pools and therefore never had a plan to do so.If your trying to find banks who actually own the paper, then you need to focus on smaller community or credit unions becuase they were often times too small to create the volume necessary to pool enough loans for purposes of wholesaling.In my opinion, your stuck dealing with the servicer in this case.