Posts with tag 'REO'
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28
Crye-Leike Partners With Insight Short Sales To Help Homeowners Avoid Foreclosure
MEMPHIS, TN, - With an ever growing number of homes headed for foreclosure, Realtors feel more compelled to change their approach to business in order to meet the demands of the new ?traditional' real estate market and help struggling property owners avoid the experience of a foreclosure.
That's exactly the goal and mission for many Crye-Leike Realtors in Little Rock and Memphis who have already been helping many struggling homeowners by assisting them with a short sale.
While assistance with buying foreclosures is important to home buyers, sellers can also benefit when their listing agent understands the short sale process, foreclosure prevention methods and creative financing options to open up the market to more buyers who can qualify for the purchase.
Many struggling homeowners have never heard about the benefits of a short sale and assume that foreclosure is their only option.
24
Crye-Leike inks deal-to hike short sales - Memphis Business Journal
Crye-Leike Inc. has signed an exclusive agreement with a firm that specializes in facilitating residential short sales in a move to capture a bigger piece of that growing market.
Insight Securities Inc., dba Insight Short Sales, is a year-old firm that came to the attention of Crye-Leike's executive team after helping its brokers in Little Rock and Northwest Arkansas facilitate some deals, says Crye-Leike's Steve Brown, executive vice president and general manager, Memphis Region.
The number of short sales nationally has been largely stagnant the last few years, making up about half of all distressed sales, but Brown believes with the right education and technical assistance, short sales could be hot for the next couple of years.
Brown says an informal polling of Crye-Leike agents found that many were turning down listings because the seller was upside down on his mortgage, that is, owed more than th...
18
CRYE-LEIKE, REALTORS ASSOCIATES IN CENTRAL ARKANSAS LAUNCH A NEW WEBSITE TO FEATURE FORECLOSURE PROPERTIES AND MORE
LITTLE ROCK, AR., Crye-Leike, REALTORS sales associates in Central Arkansas announce the launch of a new website to feature foreclosure properties and much more. Their website www.ArkansasFireSale.com offers buyers and investors a no registration, no fee website to find foreclosure, short sale, and the best priced homes in Little Rock and the surrounding areas.
"Since more than 80 percent of buyers now look at real estate on the internet before they ever call an agent or set foot in an open house, we hope our new website will help them find the best deals available at a quicker rate and with greater accuracy, said Realtor Ruth Adney."
The two Arkansas Realtors responsible for creating and maintaining the website, Ruth Adney and Sarah Metzger, hope visitors to the site will see how interactive and simple the website is to use. The site allows visitors to search by different criteria and browse four main categories which include;...
17
CRYE-LEIKE, REALTORS ASSOCIATES WILL "ROAD TRIP" IN MAY 2008
NASHVILLE, TN., - Crye-Leike, REALTORS Real Estate Owned (REO) Division and Midtown branch in Nashville has organized a half-day Real Estate Investors' Road Trip for Crye-Leike Sales Associates. The half-day bus tour of foreclosed homes with tips on the A-to-Z of real estate investing will be held Wednesday, May 14, 2008.
"We've had so many associates asking and looking for more information about finding foreclosures, selling REO properties and investing in real estate," said Cindy Stanton Fey, Vice President and Managing Broker of Crye-Leike's REO Division and Midtown branch. "We decided a bus tour would be a great way to help our associates learn, experience and understand what's going on in our market."
The half-day bus tour will begin with breakfast at 8:00am and then consist of five stops over the course of the morning. Each stop will represent a "chapter" of sorts on a unique aspect of the real estate investing proce...
16
BROKER CINDY WALKER RETURNS TO CRYE-LEIKE, REALTORS
CHATTANOOGA, TN., - Crye-Leike, REALTORS is proud to welcome back Broker Cindy Walker to lead the company's REO Division in the Greater Chattanooga Region. As the new Managing Broker, Ms. Walker will oversee all transactions including bank and lender-owned property sales handled by the Real Estate Owned (REO) division located at 1510 Gunbarrel Road, Suite 400, in Chattanooga.
Ms. Walker is a licensed broker in Tennessee assisting buyers and sellers in and around Hamilton, Bradley and Marion counties. She specializes in residential real estate sales with a focus on Real Estate Owned (REO) properties and foreclosures.
"Prior to becoming a Realtor, I was in the Mortgage Servicing Industry as a Manager over collections, foreclosures and Real Estate Owned (REO)" said Ms. Walker. " The company was owned by a Savings & Loan and was eventually taken over by the Resolution Trust Corporation (RTC)."
Give...
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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