Memphis' Blog: Default Services

There are many, many opportunities out there to find a good bargain on a home whether you are an investor or a first time home buyer. The VA (Veterans Affairs) is one choice you may want to look in to. With the location of the Millington Air Base in close proximity to the Memphis area, there are plenty of Veterans in the area. Unfortunately, a small percentage run in to financial problems from time to time and a foreclosure is necessary.

This is where you have an opportunity to possibly pick up a decent deal. e prepared to get conventional financing, as a lot of these properties are in need of repairs and wont qualify for FHA or standard VA financing.

RE: VA Vendee Loan Program

 The VA Vendee program is great opportunity to potential buyers who are…

RE/MAX at Mallard Creek, Southwind 

The Inaugural BPO (Broker Price Opinion) Certification and Training was offered September 10, 2006 at the Dallas FiveStar Default Servicing Conference and EXPO. Out of the 800+ attendees, only a hand full were present from the Memphis area. The curriculum was developed by Integrated Asset Services, Inc and Foos and Associates Appraisers.

This is the beginning of the new standard in BPO/REO training and certification. With improvements and increasing standards sure to come, this certification will become standard operating procedure for any Realtor in pursuing a true development and career in the BPO/REO industry.

Ed Pierce is the current Default Services Manager for RE/MAX at Mallard Creek and affiliate offices. The…