Las Vegas Real Estate / REO Blog

As a Las Vegas REO agent, I see many homeowners that are still in there homes after a trustee sale has been completed believing that some attorney or negotiation company is still going to "save me from foreclosure". I just had this situation last week with an occupant named Arlene. I got the assi...

I just got this email from my office owner and wanted to pass it on. She says "I got this from a guy in Lee Stern's utah office and it really struck me. Sometimes I think we don't really communicate all that we have. I have been w/kw longer than any of you and I didn't even know all of this!" Ema...

So anyone that's read "The Red Book" aka "The Millionaire Real Estate Agent" or that is familiar with Keller Williams Realty knows that you absolutely must have a big why that is your driving force that makes you keep going on the roughest of days. When you have "One of those days" and feel like ...

I just attended a class by NFSTI (National Foreclosure Sales Training Institute) were the instructor Dan Waterman got into a contested discussion with an attendee about the importance of blogging in today's world. The agent didn't believe that blogging was that important. She felt that she should...

I'm running REO Maestro and it's awesome, but I do know of other agents that are using different solutions that they love as well. Once you crack carrying 20 or so REO properties at any one time you simply can't carry it all in you mind (my old way REO management system) anymore and not drop any ...

I'm sitting here listening the President Barack Obama give is inauguration speech and I'm wondering like many of you what changes can we expect in the near future? For those of us in the REO business are things going to speed up?......slow down?........change in some way?........ I'm being told t...

The Knight Group Serving My Clients Like I Served My Country                                     Current Las Vegas, NV Inventory Update                                     As of: JANUARY 18TH, 2009                                                       SFR Inventory:           16,523             ...

Did you know that HUD has a program where if you are using FHA financing when purchasing  a HUD owned home as an owner occupant, that you can put just 100 dollars down!!! Who says that the days of 100 percent financing are over!!! Also did you know that investors can purchase as many HUD owned ho...

Having great vendors can have a big impact on your REO career. Working with vendors (Locksmiths, Property Preservation companies, Rehab Contractors, etc.) that understand the REO business and how reimbursements work is a big bonus to you and your business. Our vendors will carry our invoices for ...

According to RealtyTrac " Foreclosure filings were reported on 2.3 million U.S. properties in 2008, an increase of 81 percent from 2007 and up 225 percent from 2006, according to the RealtyTrac U.S. Foreclosure Market Report released today. The steep annual increase came despite a quarterly decre...