Tag Archives: REO

More REO tips from Ticor Title

Last month I posted the first set of REO tips being presented by Ticor Title.  Though these weekly tips are directed to real estate agents I think consumers will also find them helpful in providing a better understanding of the … Continue reading

Posted in Foreclosures | Tagged , , , | Leave a comment

Ticor Title REO tips

Lately, our friends at Ticor Title have been sending tips to the Realtor community to assist agents in navigating the REO waters.  Ticor refers to these informative emails as “Tips of the Week”.  I’ve been collecting them and thought I’d … Continue reading

Posted in Foreclosures, Strategy | Tagged , | 2 Comments

What Is A “Normal” Sale These Days?

[Note: This post piggybacks on my post from last week, Median Sold Price Drops 7% in One Month] Real estate agents have traditionally used the term “distressed” when referring to properties that were not good old fashioned straight sales.  Houses … Continue reading

Posted in Agent Insights, Market Trends | Tagged , , , , , | 2 Comments

Nevada Leads Nation with Underwater Homeowners

Forty-eight percent of Nevada homeowners with a mortgage owe more to the bank than their homes are worth, according to a report released today by First American CoreLogic.  Nevada leads the country with 48% of it’s mortgagors underwater; followed by … Continue reading

Posted in News | Tagged , , , , | Leave a comment

Standard Resale Transaction vs. REO (Bank Owned) Transaction

Our friends at Ticor Title have put together an informative piece showing the differences between a standard resale transaction and an REO (bank owned) transaction. Although REO transactions are typically much smoother than short sale transactions, there are many inherent … Continue reading

Posted in Foreclosures, Market Trends, Strategy | Tagged , , , | 8 Comments

Distressed vs. Non-distressed Median Sales

In a recent thread generated by the July Median’s post, a reader and commenter asked about the differences in median sales price between “distressed” properties vs. non-distressed properties.  And by distressed, we’re talking about short sales, foreclosed properties, bank sales, … Continue reading

Posted in Agent Insights, Market Trends | Tagged , , , , | 5 Comments

Ripples in Our Local Market

Is it just me, or does the 5:30 commute on 395 from South Reno to I-80 seem lighter to you these days? Yesterday I had lunch with some colleagues at a an upscale restaurant in South Reno. I arrived at … Continue reading

Posted in Agent Insights, General, Market Trends, Market Trends | Tagged , , , , , | 33 Comments

Nevada Pre-Foreclosures and REOs

Because you all seem to like charts so much (and also because charts are a bit easier to post using this new platform), I’d like to share a couple more I received recently.  The first shows REO’s for the state … Continue reading

Posted in Market Trends | Tagged , , , | 9 Comments