John Treadwell
  • Male
  • Reno
  • United States
  • Nevada
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BOA (investor) 3 times the appraisal

Started this discussion. Last reply by John Treadwell Jul 20, 2012. 3 Replies

Here one for everyone ,we have a 66 arce parcal 2 miles off the grid ,and over half of the land is rock ,no power(solar only) ,and a naurtal spring is the source of water, was listed at 75,000 ,got a…Continue

Franklin Credit

Started Jan 17, 2011 0 Replies

Anyone dealing with them, I have them on 2nd lender ,and they are trying to cut the commission to 4% from 1st lender approved 6% ,and buyers closing , It doesn't affect there net at all ,but they…Continue

 

John Treadwell's Page

Profile Information

First Name
John
Last Name
Treadwell
Are you a...
Agent
State
Nevada
City
Reno
My Profile
I'm a Nevada/Calif. Realtor and for the last 12+ years have been doing short Sales and by end of the month will have closed 40+ and 20 more working to date
I have seen a lot of what banks will do !! Hope to learn from and share with some too. Short Sales have slow down now in the market. I work in South lake Tahoe ,Ca. and Reno/Sparks Nv.

John Treadwell's Blog

High Appraisals

Posted on December 2, 2010 at 7:42am 2 Comments

Ok In the last 2 weeks have had 3 BPO's or Appraisals come back 20,000 to 30,000. over the market comps,and lenders asking for 88% of the amount to there Net. Which is higher than any comps even in the last year here in Nevada.
Anyone one else seeing this new trend starting to happen?

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