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Will The Feds Make the Lenders Whole?
10 November 08 02:16 PM | realestateauctions | with no comments
Recently, I received a few calls from some real estate investor friends of mine here in North Carolina venting their frustration with working out short sales with some lenders. It seems some lenders are stalling in making any decisions as to whether they...
Nationalizing the Financial Institutons
23 September 08 08:48 PM | realestateauctions | with no comments
As I write this, I realize that much can change this week with regards to the Feds final plans and Congressional approval to rescue the banking industry. So what I am about to say is based upon what is currently being proposed. I also realize that what...
Should Realtors Become Auctioneers?
11 September 08 12:33 PM | realestateauctions | 45 comment(s)
I received an interesting phone call from a realtor in California. She had read some articles I had written about using an auction as a first choice method of selling a home, rather than as a last option. Her question to me was this, “Should I become...
Auction Fun Facts
29 April 08 07:55 PM | realestateauctions | with no comments
I thought some of you might be interested in these facts concerning auctions: A. Revenues in the live auction industry grew by 5.3% in 2007 over 2006, continuing a growth trend of recent years. B. An “auction preview” is an open house when the public...