"Have done a few hundred short sale ,slow now but coming back
I am licensed in Nevada and Calif. Mostly in Reno/ Sparks area"
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BOA (investor) 3 times the appraisal
Started this discussion. Last reply by John Treadwell Jul 20, 2012. 3 Replies 0 Likes
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 0 Likes
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 4:42am 2 Comments 0 Likes
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?
Anyone one else seeing this new trend starting to happen?
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