Thursday, July 10, 2008

Bulk reo - onmouseover="return window.status='http://money.cnn.com/rssclick/2008/06/11/news/economy/mcilvaine/index.htm?section=money_latest'" onmouseout="window.status=''" href="http://money.cnn.com/rssclick/2008/06/11/news/economy/mcilvaine/index.htm?section=money_latest">For this broker, foreclosures spell boom

For many real estate agents, these aren't exactly the best of times. Don't put David McIlvaine in that category. www.bankreopropertydeals.com

June 13 (Bloomberg) -- Banks repossessed twice as many homes in May and foreclosure filings rose 48 percent from a year ago as falling house prices trapped borrowers in mortgages they couldn't afford, RealtyTrac Inc. www.bankreopropertydeals.com

Adam Avery [ bio ] , of AA Mortgage Group and Washington Title, and Chris Sipe [ bio ] , of America East Mortgage, are taking your questions. Avery has 15 years experience in mortgage brokering/banking, home improvement sales/finance, real estate sales, and title and escrow issues. www.bankreopropertydeals.com

Only shoppers in Miami, L.A., and Philadelphia fared worse. www.bankreopropertydeals.com

No comments: