Short Sale Fundamentals » reo

HomeSteps Steps Up

Cory Boatright — Mon, 28 Nov 2011 15:00:52 +0000

Wow, I finally am reading about a government program I can at least a tiny bit get behind. I’m doing my best to sound appropriately enthusiastic without making you think I’m buying in to Washington hype. But for all the ridiculous schemes that lawmakers have thought up during this crisis they’ve all shot pretty wide [...]

Where Did the Foreclosures All Go?

Cory Boatright — Fri, 21 Oct 2011 12:39:20 +0000

Where have all the foreclosures gone? That's what a lot of concerned people are asking. I don't mean where is the giant shadow inventory of foreclosures and pending foreclosures. Don't worry, those are still piling up and will be skewing the market f

Short Sales Kick REOs Where It Hurts

Cory Boatright — Fri, 26 Aug 2011 12:07:56 +0000

I bet you can already guess what's down and what's up in real estate. It's becoming a sad joke in the industry how short sales are kicking it over REOs but the numbers don't lie, so let me blow your mind for a second. Short sales - up 19% in the s

Washington Joins My Coaching Program

Cory Boatright — Thu, 11 Aug 2011 19:09:51 +0000

Guys, I'm proud to say that three new members have decided to join my coaching program. That's right, three high-profile organizations have actually approached me to learn my secrets. You may have heard of them: Fannie Mae Freddie Mac Federal Ho

Happy Independence Day!

Cory Boatright — Mon, 04 Jul 2011 16:38:07 +0000

235 years is a long time, isn't it? So many countries that exist today weren't around in 1776. And those that were have changed radically since that fateful July 4th. The American example of freedom has sparked revolutions across the globe, from Fran

Washington and Banks: Chaos?

Cory Boatright — Fri, 03 Sep 2010 12:04:04 +0000

How bad is it for you when you live in a ghost town? Drives down property value, doesn't it? Well, Washington thinks America's cities are turning barren, with empty homes standing on every block. And maybe they're right! Between bank-owned

Rise of the Short Sale

Cory Boatright — Tue, 23 Feb 2010 16:14:58 +0000

Yes, short sales are definitely on the rise. This shouldn't come as news to you, but the media and US gov't are just catching on. Short sales accounted for 15.9% of home purchases in January! REO's still made up a larger portion of home sales, so

Fannie Mae Changes

Cory Boatright — Thu, 07 Jan 2010 15:46:52 +0000

Fannie Mae has adopted a new policy to speed up REO sales. Inman News announced Wednesday that Fannie Mae will accept offers to buy homes that it has repossessed without notifying loan servicers. Additionally, loan servicers may have to pay back Fan