Sacramento's REO Real Estate Blog

3305 Sendero St, Sacramento, CA 95838

2011-01-16T13:22:00.000-08:00

1248 Berry Creek Rd, West Sacramento, CA 95691

2011-01-16T13:03:00.000-08:00

1248 Berry Creek Rd, West Sacramento, CA 95691

Wells Fargo/Pas Agent Scorecard - Just got our Agent Scorecard for Q1-2010 - 100%

2010-04-07T18:32:00.000-07:00

Wells Fargo / Premier Asset Services (PAS) Agent Score Card - Scott Olson - REO Broker - Sacramento, Placer, Yolo, Eldorado, Solano Counties.

100% - A for First Quarter 2010 -

Agent Scorecard
1st Quarter
Scott Olson
Sacramento, CA
Company: Compass Realty Team
Grade
Agent Code
8412

Scott Olson Pas Agent Scorecard

Mortgage Servicer Conference - Dallas Texas - April 2010

2010-04-07T12:19:00.000-07:00

Heading out to Mortgage Servicer Conference in Dallas Texas.

Line up of exceptional speakers, should be very informative.

We are one of the sponsors of a Lucky 7 Casino Night after the conference.

Accredited REO Agent Certification - A-REO certified

2010-04-05T16:13:00.001-07:00

Just passed my course for Accredited REO certification through REO Training Solutions. REO Training solutions Accredited REO program is 4 classes totalling 15 hours of Education on the REO Industry. Companies like Old Republic Title and Long & Foster require agents be A-REO Accredited Agents (certified) in order to be part of their network of approved brokers.

Courses Include:

REO 101,
The Broker's Guide to Creating Accurate and Detailed BPOs,
Marketing REO Properties to Sell,
Building a Successful REO Business
My team and I currently service, Sacramento, Yolo, Placer, Eldorado, and Solano Counties.
A-REO - Agent in Northern California(CA)
A*REO

Other Certifications:

RDCPro - REO Default Certified Professional - Default School
NFSTI Certified REO Specialist - National Foreclosure Sales Training Institute
REO Masters Network - http://www.reomastersnetwork.com/index.php?option=com_comprofiler&task=userProfile&user=127&Itemid=56

Borrowers Refinancing in 3rd quarter 2009 dropped their rates by 17%

2009-11-03T16:36:00.000-08:00

Refinancing in Q309 Saves Borrowers $3bn in 12 Months: Freddie : HousingWire financial news for the mortgage market

Half of all borrowers that refinanced their conventional loans in Q309 saw their annual mortgage interest rate drop by at least 17%, according to a quarterly report by mortgage giant Freddie Mac (FRE: 1.24 0.00%).

Although the new interest rate was only about 1.1 percentage points below the old rate, in aggregate the interest rate reduction adds up to around $3bn in savings for these borrowers over the first 12 months of the new loan, according to a survey of a sample of properties on which Feddie funded at least two successive loans.

During the first nine months of the year, 30-year fixed mortgage interest rates averaged 5.1%, the lowest average over that time frame ever recorded in 38 years of Freddie’s mortgage rate survey, according to vice president and chief economist Frank Nothaft.

"At the beginning of the year, only borrowers who still had a solid equity cushion could take advantage of the low mortgage rates, but through the Homeownership Affordability Refinance Program (HARP) that got underway in April, borrowers who have a loan owned by Freddie Mac or Fannie Mae can refinance that loan even if they have no home equity," Nothaft said, adding the Federal Housing Finance Agency (FHFA) indicates that as of August 31, more than 93,000 borrowers refinanced under these terms.

FHFA in July announced the extension of HARP to borrowers with loan-to-value (LTV) ratios up to 125%, effectively broadening the reach of refinance to deeply underwater borrowers.

Of prime borrowers that refinanced a conventional, first-lien mortgage, 64% (the highest share in 6 years) either kept the same principal balance or reduced it, according to Freddie. Cash-out refinancing, where the new loan amount through comes in at least 5% higher than the paid-off first-lien mortgage balance, slipped to a six-year low of 36% in the quarter. Through Q309, borrowers cashed out a total $60bn in 2009.

"Adjusting for inflation, this was the smallest volume of equity extraction over the first three quarters of a year since 2000," said deputy chief economist Amy Crews Cutts. "The principle cause of the decline in cash-out refinance is that homeowners have a smaller equity cushion. The median property refinanced in the third quarter had no net appreciation over the time since the previous mortgage was taken out, which was three and a half years ago."

Freddie, together with sister government-sponsored enterprise (GSE) Fannie Mae (FNM: 1.15 0.00%), refinanced more than 3.5m mortgage loans in 2009 as of September, according to the GSEs’ conservator, the FHFA. The GSEs refinanced 262,000 mortgages in September alone -- a slight drop from August as mortgage rates are edging higher than in spring.

Working on Home Retention for Titanium Solutions

2009-10-23T14:31:00.000-07:00

Started working with Loan Modification/government compliance programs for Home Retention, through companies like Titanium Solutions, Wingspan and National Quick Sale. Seems the approved short sales might be closer to becoming a reality.

6423 Miles Lane CARMICHAEL, CA

2009-10-08T00:05:00.000-07:00

Nicely Updated 2 bedroom 1 bath Duplex. Newer Cabinets and Appliances with Granite Counters, Central Heat and Air.

6423 Miles Lane Duplex for Rent - $845.00

2BR/1BA Duplex

Bedrooms	2
Bathrooms	1 full, 0 partial
Sq Footage	900
Parking	1 dedicated
Pet Policy	No pets
Deposit	$945

This Nice 2 Bedroom, 1 Bath Carmichael Duplex has been nicely updated. Featuring Solid Surface Stovetop, Newer Dishwasher/fixtures, Granite Counters.

RENTAL FEATURES

*Air conditioning
*Central heat
*Living room
*Dining room
*Dishwasher
*Refrigerator
*Stove/Oven
*Granite countertop
*Laundry area - inside
*Balcony, Deck, or Patio
*Cable-ready

Foreclosure Inventory is on the rise - Flood of REO Properties to hit the market

2009-09-28T12:37:00.001-07:00

It seems there is growing consensus within the Default Industry, that the current foreclosure inventory is much larger than the most people believe. See these two articles for more information about the pending flood of REOs :
http://www.dsnews.com/articles/new-housing-crash-looms-as-shadow-inventory-climbs-past-7-million-analysts-2009-09-25

Barclays Reveals Why the REO Inventory Is About to Surge

Scott Olson and the IFS Team are ready to handle the flood of inventory for Sacramento, Placer, Yolo, Eldorado and Solano Counties.

See our info at:
www.HandyHomeSearch.com and www.ifsREO.com

REO Masters and NFSTI - Fundraiser for the Foreclosure Angel Foundation - Called Club Tsunami

2009-09-18T21:14:00.000-07:00

As a network of REO professionals, the REO Masters and NFSTI are raising money for the Foreclosure Angel Foundation, through an exciting networking event call, Club Tsunami.
Club Tsunami will be during the Five Star Default Conference in Fort Worth Texas.

Please check out:
http://www.clubtsunami.net/

If you going to be in Fort Worth, for the conference, you don't want to miss this event.

Asset Managers, if your interested in attending, please let me know.

Five Star Tsunami REO Party and Charity Event

2009-09-18T18:27:00.000-07:00

The next Five Star Default Servicing Conference and Expo will be held in Fort Worth, Texas at the Fort Worth Convention Center. The2009 Fort Worth 5 Star runs from September 19th to the 23rd. The Five Star is the largest conference in the default servicing industry and is the most well known networking opportunity for real estate agents, real estate brokers, attorneys, title companies, servicers, lenders, service providers, investors, vendors and asset managers.

This networking event allows all parties in the REO field to meet and network in one location and share ideas on how to get through the many REO's on the market and the wave of REO's to come. It's where all the parts of the puzzle briefly come together and put together a plan for what to do next. The most powerful people in the REO filed attend and share ideas to better serve everyone involved.

At this 2009 Five Star Event in Fort Worth there is a Tsunami Party and Charity Event hosted by REOMasters Network. REOMasters Network is raising heads in the REO Industry as the fastest growing REO Networking Group in the business.

About REOMasters Network from their web site:
The REOMasters^TM Network is the nation's newest marketing and business development association for REO Agents and Brokers who want it all. The REOMasters^TM Network has partnered with the nation's top REO coaches and industry leaders to engineer a life and business success REO coaching and marketing association ... being built by agents, designed for agents, and owned by agents. Scott McLaine, Founder and CEO of REOMasters^TM Network.

The Tsunami REO Party and Charity Event will be the "Biggest and Don't Miss Event" of the Fort Worth Five Star. The event is on Monday Night September 21st at the City Street Night Club 3 blocks from the Five Star Convention. The Tsunami REO Party opens at 8:00 P.M. and ends at 2:00 A.M. complete with a red carpet walk into the 22,000 square foot mega club. Networking and dancing recommended and encouraged. Busses will take you from the Forth Worth Convention Center, Main Street entrance to Club Tsunami and back. Busses will travel back and forth from 8:00 P.M. to 1:00 A.M. Now you have the place and you have the ride "both ways" now grab a date or a partner or your whole team and get some tickets before they're SOLD OUT. We want to see you on the Party Bus not the Baby Bus..... Remember it's for charity too!

Register Here!

Registration includes:
The party is happening at Club Tsunami all night long. Dress to impress and have a great time rocking the house! Enjoy great music from three different DJ's, try your luck in the casino, check out our social scene, meet great people and network with other agents. This event will sell out. Space is strictly limited! 2 Drink Coupons before 9:30 P.M., Happy Hour Food before 9:30 P.M., Networking Mixer 8:30 to 9:30.
Tsunami Casino Night - Play the Craps Table, challenge the Blackjack Dealer, spin the Roulette wheel. Casino fun all night long.

Two Night Club Dance Floors - Choose from two different theme rooms in order to dance the night away. Cages will feature the best of pop and top 40's dance hits while Indigo will play the best of the 70's, 80's and 90's. Cigar and Scotch Lounge - Enjoy a fine glass of premium scotch and a quality cigar in the Tabu Lounge. Sip your drink, make some new friends, network with old ones. Just sit back, relax and enjoy the evening.

Top Shelf Bar - Order your favorite drinks at the numerous bars throughout Club Tsunami or from any one of our many hostesses. Drink tickets provided at the door with admission.
Raffle Drawing - With every ticket you purchase you will be entered into our drawing to win one of many prizes that will help you to grow your business.
100% of ticket sales profits will benefit the Foreclosure Angel Foundation
What is the Foreclosure Angel Foundation - Excerpt from clubtsunami.net

Foreclosure Angel Foundation
Being Supported by the NFSTI REOMasters^TM Network
We're Fighting a Real Problem ...That Needs Our Attention

REO Masters Network & NABPOP: REO / Default Agents / Brokers / Bank Owned/ Foreclosed Assets

2009-09-18T18:04:00.000-07:00

REO Masters Network is a network of like minded REO / Default Agents / Brokers working together to be better equipt to handle the specific needs of our collective clients. We are working hard to be the most qualified Agents/Brokers for handling the management/sale/disposition of REO/Bank Owned/Foreclosed Assets. Collectively we have handled every situation imaginable and we are committed to sharing our experience with our network, to better serve our clients.

The National Association of Broker Price Opinion Professionals (NABPOP) is a non-profit professional trade association of BPO Practitioners (Real Estate Sales Agents and Brokers) that perform professional Broker Price Opinions BPOs or support the advocacy of BPOs. NABPOP is a not for profit organization that promotes and maintains BPO industry standards, promotes and ensures professionalism, competence, advocates the use and practice of BPOs, and promotes the advancement of the BPO industry within the Real Estate industry. Read more ...

Visit REOPRO

REOnetwork Organization
REO Masters Network - Sacramento

REO Masters Sacramento
REO Masters California
REO Masters Northern California
REO Masters CA
REO Agent Network Sacramento
REO Broker Network Sacramento
Certified Property Valuator Sacramento
Certified Property Valuation Sacramento
Certified Property Valuation Sacramento
Certified Property Valuator Sacramento

Foreclosure Angel: Stranger Buys Foreclosed House at Auction and Gave it back to Owner!

2009-09-18T17:43:00.000-07:00

Real Estate Sacramento Listings

2009-04-01T13:10:00.001-07:00

Search Trulia Listings - Sacramento County

Search Sacramento Listings

PRICE RANGE

TYPE

BEDROOMS

BATHS

SQ. FT.

CITY AND STATE
(or ZIP code)

Bulk asset Sales and Laws

2009-03-18T19:04:00.000-07:00

Most states have strict requirements for doing bulk asset sales to protect both the buyer and creditors of a business. Bulk sales laws prevent a seller from defrauding creditors by selling a business for less than the market value and paying creditors less than the seller owes them, and they prevent the seller from selling a business to a good faith buyer and skipping out on the creditors. Here are the general rules sellers must follow for a bulk asset sale.

STEP One
Understand the definition of a bulk asset sale. it is any sale outside the ordinary course of the seller's business for more than one half the business's inventory and equipment as measured by the fair market value of the inventory and/or assets on the date of the sale. There are exceptions for assets with a net value of $10,000 or less or a value of $5 million or more.

Step Two
File and publish an advance notice of the sale. Generally, the notice must appear at least 12 days before the sale. The buyer has the responsibility for record ing the notice in any county the assets and/or buyer reside. The buyer must publish the sale in a general circulation newspaper in each of the counties and file notice with the county recorder of each county. The buyer must also deliver notice to the county tax collector of each county where assets reside.

Step Three
Pay all creditor claims before the sale is made if the assets total $2 million or less and is either all cash or a combination of cash and buyer obligations to pay cash in the future. If the sale goes through without satisfying creditor claims under these conditions, the obligation to pay creditors falls on the buyer.

Step Four
Creditors have one year from the sale date to file any claims against the buyer or seller for unpaid bills.

Investing In Passive Real Estate

2009-03-18T16:39:00.000-07:00

If you do not want to deal with the hassle of active real estate investments, don't worry. You can still stay in the real estate industry, as there are various passive ways to earn huge profits. All you need to do is follow a proper strategy and money will keep coming to you. In fact, real estate investments consist of tremendous possibilities, and anybody who is knowledgeable, can make massive income without any hassle.

Liability Up To The Amount Of Your Investment

Investing in limited partnerships is one of the best and safest ways to build huge passive income. In limited partnerships, you just have to make a partial investment for the property and you only have the liability up to the amount of your investment, but you can benefit from the appreciation and the tax deductions for the total value of the property.

Moreover, if you have the ability and time to do a project, you can make much larger passive income. All you need to do is, buy, build, or rehabilitate rental housing projects. Do not worry about the investment. You can easily raise capital, as you have the opportunity to use other people's money. If you do so, it can really work wonders for you, because you have a limited liability, but unlimited scope for a share in the profits. Moreover, unlike corporations, your profits are taxed just once.

Investing In Commercial Triple-Net Lease Properties

When it comes to passive real estate investments, investing in commercial triple-net lease properties can also be an ideal choice. It yields an excellent profit and you can enjoy some great benefits from such investments. Just have a look at a few of the advantages. Almost no risk, no management hassles, and significant monthly income from the lease payments are a few of the reasons to invest in triple-net lease properties. Investing in commercial triple-net lease properties is quite different from owning duplexes, apartments, land, or office buildings.

It is a complete headache free investment. Collecting the rents, refurbishing the premises, paying the property taxes, insurance premiums, maintenance, accounting, legal, and other operating expenses are all taken care of. The triple-net long-term lease agreement works in such a way that your tenants perform all these functions for you. Another great benefit is that unlike other renters, your tenants do not abuse the property. Rather, they do everything they can to make the location attractive to customers.

You can generate massive passive income without going through any of the hassles of management work and with little or no risk at all.

Big Jump in Foreclosure Filings

2009-03-14T13:04:00.000-07:00

Foreclosure Crisis Hits Again

According to a recent report from RealtyTrac, the number of foreclosure filings rose 6 percent during February after falling 10 percent in January. And just when you didn't think it cold get worse, more than 74,000 homes were lost to bank repossessions during the month, up from 67,000 in January. Nearly 1.2 million have been lost since the foreclosure crisis hit in August 2007.

Number of Foreclosure Filings

The number of foreclosure filings rose 6% during the month after falling 10% in January. Worse, filings leaped nearly 30% compared with February 2008. And the results confounded expectations: A downtrend had been expected due to the numerous foreclosure moratoriums in effect during the month.

"We were very surprised," said RealtyTrac spokesman Rick Sharga. "The moratorium were led by big players like Fannie and Freddie and all the major banks. It was supposed to cover the whole waterfront. The fact that foreclosures still went up was a shock."

The reason so many people lose their homes once they are in default is partially attributed to the severe home price drops recorded in many of the worst-hit areas. When borrowers are severely underwater, owing more than their homes are worth, it removes an incentive to keep up with mortgage payments. Some simply walk away.

By CNNMoney

Seeking The Help Of A REO Broker

With the current recession and real estate downturn and the rising amount of foreclosures, some REO real estate companies are making a lot of money from other companies that are purchasing real estate like crazy. These companies often seek the help of a REO Broker to make sure their homes stay in good shape and don't lose their value. There are a variety of REO asset managment companies available to assist you with managing your real estate assets. Some of them offer just maintenance services while others offer a offer a wider range of Real Estate Asset Management Servicing Solutions dealing with everything involved in managing your assets.

REO Real Estate Asset Management

2009-03-14T11:22:00.000-07:00

Managing Multiple REO Real Estate Properties

Aquiring or purchasing real estate properties can entail large amount of cash . And although it may be easy to manage one or two real estate properties, managing multiple real estate properties can become very tedious and time consuming. For this reason, many people and companies turn to a profession REO real estate asset management brokerage as a way to handle all of their real estate assets.

With the the current economic landscape in flux, it's become even more and more difficult to handle the amount of REO real estate assets. REO real estate asset management not only handles one's real estate assets, but they can also be an excellent source of vital information regarding REO real estate properties and the potential of these properties to earn higher returns.

Hire A REO Asset Management Team

At Innovative Foreclosure Services, we offer a centralized team approach to handle all the diverse duties that an REO broker needs to perform. By having team members specialize in particular areas, we are better suited to offer a wider range of Real Estate Asset Management Servicing Solutions. Our specialized approach allows us to meet the needs of a diversified clientele.

This includes ... servicers, sub-servicers, banks, Asset Managers, Lenders, Hardmoney Lenders, Investment Pools, and Bulk REO Buyers / Sellers.

We manage your assets from a servicer's perspective to ensure cost-efficient and expeditious processing. Emergency Services, Rush BPO, Back-up BPO, property inspection, or whatever other default need you may have, we are your one-stop REO Mamagment shop.

We are a customer-oriented organization that manages and markets real estate owned properties in the most efficient and precise manner. Innovative Foreclosure Services stands ready to simplify the process of disposition of your REO properties and protect your assets.

Follow this link to more about our REO Asset Management Services. Give us an opportunity to show you what we can do!

Scott Olson, REO Broker of Choice
Innovative Foreclosure Services
Toll Free: (800) 898-8507
Phone:(916) 972-1179

Credit Unions & Banks We Work With

2009-03-11T17:22:00.000-07:00

We offer Real Estate Asset Management Services to Credit Unions, Banks and Mortgage Companies. We are interested in talking with portfolio and asset manager from any of the following orgainzations:

Who We May Work With:

Aames Capital Corp
Abacus Federal Savings bank
Aetna Real Estate Investments
Alaska Southern
Alliance Bank
Alliance Funding Co.
Amalgamated Bank
Amboy NB
American General Finance
American Holdings
Ameriquest Mortgage
Amresco, Inc.
Amsouth Bank-Residential
APCOM
Asia Bank
Associates Home Equities
AStoria Federal S&L Assoc.
Atlantic Mortgage & Investment
Baltic Realty/MetroWest Bank
Banc One trust Co.
Banc One, Dallas
Banco Popular de Puerto Rico
Bank Atlantic
Bank of America
Bank of America, Agricultural
Bank of America-Marketing List
Bank of Hawaii
Bank of New York
Bank of the Commonwealth
Bank of the Hudson
Bank One
BankAtlantic FSB-Comm
Bankers Trust Co.
Bankers Trust Co. of California
BEAL BANK SSB
Beneficial Mortgage Co.
Boston Federal Savings Bank
Boston Safe Deposit
Bridge City SB
Brooklyn Federal Savings Bank
California Fed Bank-Comm
California Federal Bank
California Korea Bank
Carolina First Bank
Carver Federal Savings
Cathay Bank
Central Carolina B&T
Central Funding Co.
Century Bank
CFS Bank-Columbia Federal Savings
Chase Manhattan Bank
CIGNA-Ct General Life Ins. Co.
Citibank N.A.
Citibank RE/Citicorp-Comrcl.
Citibank Federal Bank
CITIZENS NB
City National Bank
Coldwell Banker
Colonial Savings/Ft. Worth Mtg
Columbia Federal Savings
Comerica Bank
Commercial Credit Corp.
Community Savings, N. Palm Beach
Compass Bank
Conning ASset Mgt. Co.
Contimortgage Corp.
Countrywide Funding Corp.
Countrywide Home Loan
Crestar Mortgage Corp.
Crossland Mortgage Co.
Crown Life Insurance Co.
Dale Mortgage Bankers
Debcon Financial Services
Dime Savings Bank of New York
Dovenmuehle Mortgage
DOWNEY S&L ASSOCIATION
EMC Mortgage Corp.
Emigrant SAvings Bank
Englewood Bank
Epire Factors, Inc.
Equitable Life Assurance
European American Bank
Fairfield Financial
Family Savings Bank
Farm Credit Bank of Texas
Farmers & Merchants NB
FDIC-Field Ops Branch-Dallas
FDIC-Northeast Service Center
FDIC-Western Service Center
Federal Deposit Insurance
Federal Home Loan Mortgage
Federal National Mortgage
FGH Realty Credit Corp.
FHLMC
FHLMC-Multi-Family
Fidelity Federal Bank
Fidelity Federal Savings Bank
Fidelity Homestead Assoc.
First American Bank
First Bank National
First Bank of FL (First Fed)
First Central Bank
First Commerce Bank
First Commercial Mortgage
First Fedrl Bank of California
First Fidelity Thrift & Loan
First Mortgage Companies
First National Bank
First Nationwide Mortgage
First Pacific national Bank
First Security Bank of Utah
First Trust National
First Union Mortgage
First Union National
First Union NB
Firstrust Savings Bank
Fleet Mortgage Corp.
Fleet National Bank
FNMA
Ford Consumer Finance
FREMONT INV & LOAN-Comm
GE Capital Asset Mgt Corp.
GE Capital Mortgage
General Bank/GBC Realty
Girard Savings
Glendale Federal Bank
Glendale FS&L-Resid. USA
GMAC Mortgage Corp.
Golden National Mortgage
Greenport Savings Bank
GSL Savings Bank
Guardian Savings-Comm
Harris Trust & Savings Bank
Hemet Federal Savings
HIGHLAND FED S&L ASSOC.
Home Federal Savings
Home Savings Bank of America
Homeside Lending, Inc.
Household Bank
Household Finance (HFC)
HUD-Worcester
HUD-Boston
HUD-Lowell
HUD-Fitchburg
HUD-Athol
HUD-Leominster
HUD-Woburn
HUD-Haverhill
HUD-Springfield
HUD-Gardner
Hypo Holdings, Inc.
IAG Federal Credit Union
IMC Mortgage Bank
Independence Savings
Inland Empire National Bank
Irwin Mortgage Corp.
LaSalle Bank, FSB
LaSalle National Bank
Laughlin National Bank
Leehman Capital
Liberty Savings Bank
Lochaven Federal S&L Assoc.
Long Island Savings Bank
M&T Mortgage Corp.
Magna Mortgage
Marathon Oil Company
Marine Midland Bank
Marine Midland Bank, Mortgage
Marine Midland mortgage
Marquette Savings Bank
Maspeth Federal Savings Bank
Mellon Mortgage Company
Mercantile Bank
Mercantile Mortgage
Merchants Bank
Midfirst Bank
Mid-State Bank
Midwest Savings Bank
National Standard Mortgage
Nationsbanc Mortgage
NationsBank South National
NationsBank, Southeast Reg.
New York State Mortgage
North American Mortgage
North County Bank
North Fork Bank
North Valley Bank
Northwest Community Bank
Norwest Bank
Norwest Bank of Minnesota
Norwest Bank of New Mexico
Norwest Mortgage, Inc.
OCWEN Federal Bank
Oswego County Savings Bank
Palmetto Federal Svngs Bank
Pawling Savings Bank
People's Bank
PFF Bank & Trust
PG&E
PNC Mortgage Corp.
PNC Realty Holding Corp.
PNC Realty Holding-Residntl
Prism Properties, Inc.
Providian Savings Bank
Providian National Bank
Queens County Savings
Regions Bank
Reliance Federal Svngs Bank
Repo Properties/Swing Loans
Republic Bank
Republic National Bank
Residential First, Inc.
Resolution Trust Corp.
Resource Bancshares Mortgage
Retained Realty (Emigrant)
Richmond County Savings
Riggs NB of Washington, D.C.
Riverside National Bank
Roosevelt Savings Bank
Rural Econ&Comm Dev-House/CO
Santa Monica Bank
Seafirst Bank
Security National Services
Security Pacific National
Small Business Admin-DC Office
South Side NB
Southern Pacific Bank
SouthTrust Bank
SouthTrust Bank of SW Florida
Spencer Savings Bank
State of New York Mortgage
State Street Bank & Trust
Sumitomo Bank & Trust
Summit Bank
SunTrust Bank Central Florida
TCF Bank Savings
TERRA Commercial
Three Rivers B & T Co.
TMS Mortgage, Inc.
Troy Savings Bank
Trustmark NB
U.S. Trust Co.
Union Bank
Union Federal Savings Bank
Union Planters Bank
Union Planters National
United Companies Lending
United Cooperative Bank
USTrust
V&D Realty USA Corp.
VA-New Hampshire
Wall Street Mortgage
Washington Mutual SB/Resid REO
Webster Bank
Wells Fargo Bank, N.A.-Resid
Wells Fargo-Comm
Willshire Funding Corp.
Woodsville Guarantee Savings
World Saving & Loan
World S & L-Multi Family
World Savings & Loan
Yasuda Bank and Trust

Contact Innovative Foreclosure Services anytime with confidence. Explore our many REO Asset Management Services and call or email us for a confidential, no-obligation consultation.

Office Headquarters
2245 Parktowne Circle #3
Sacramento, CA 95825

Phone:(916) 972-1179
Toll Free: (800) 898-8507
Fax: (866) 871-1507

Sold REO Listings in Sacramento

2009-01-20T11:05:00.000-08:00

9164 Irish Gold Way, Sacramento, CA 95826 - 80105889

6910 Elder Creek Rd, Sacramento, CA 95824 - 80087839

1018 Nogales St, Sacramento, CA 95838 - 80003116

731 48th St, Sacramento, CA 95819 - 80123657

905 Maplegrove Way, Sacramento, CA 95834 - 80122315

Sold Listings as of Listings as of 10/29/08

REO Real Estate Broker Sacramento

2009-01-08T13:04:00.000-08:00

REO Broker and Real Estate Team Leader

Scott Olson is a 13 year Veteran of the California Real Estate Industry. He is an Investor, Landlord, Property Manager, Experienced Agent/Broker, Home Owner, and Realtor. Scott has an Associates of Science Degree in Economics and Bachelors in Real Estate.
Scott grew up managing rental properties and bought his first rental when he was 19 years old. Scott has always had a hands-on approach to management, which holds true for personnel, office, transaction, construction, property and REO Management.

IFS Team Handles All Phases Of REO Disposition

With his background, experience, and skills, developing a talented REO team was a natural progression. With the onset of the housing and financial crisis, Scott moved quickly to identify, hire, develop and train a capable team to handle all phases of REO disposition, and the high volume of transactions that our industry was facing.

With a team of professionals specializing in each and every aspect of REO disposition, Scott and the Innovative Foreclosure Services (IFS) Crew went to work earning repeat business and word of mouth referrals in the industry. They continue developing relationships with banks and asset managers. They have Preserved, Managed, Marketed and Sold properties for a large number of institutions, and continue to work for industry professionals around the country.

Innovative Forelclosure services stands ready to exceed clients' expectations, through real life experience, industry knowledge, effective/efficient/thorough communication, solid financial position and a talented, accessible team.

Scott Olson and the REO Asset Management Team, fully understand the specific needs of Banks, Lenders, and Asset Managers. They know how to meet all your asset management needs in a timely and professional manner.

To learn more about Scott Olson and the IFS REO Management Team in Sacramento, go to Innovative Foreclosure Services today!

Sacramento's REO Real Estate Blog

3305 Sendero St, Sacramento, CA 95838

1248 Berry Creek Rd, West Sacramento, CA 95691

Wells Fargo/Pas Agent Scorecard - Just got our Agent Scorecard for Q1-2010 - 100%

Mortgage Servicer Conference - Dallas Texas - April 2010

Accredited REO Agent Certification - A-REO certified

Borrowers Refinancing in 3rd quarter 2009 dropped their rates by 17%

Working on Home Retention for Titanium Solutions

6423 Miles Lane CARMICHAEL, CA

Foreclosure Inventory is on the rise - Flood of REO Properties to hit the market

REO Masters and NFSTI - Fundraiser for the Foreclosure Angel Foundation - Called Club Tsunami

Five Star Tsunami REO Party and Charity Event

REO Masters Network & NABPOP: REO / Default Agents / Brokers / Bank Owned/ Foreclosed Assets

Foreclosure Angel: Stranger Buys Foreclosed House at Auction and Gave it back to Owner!

Real Estate Sacramento Listings

Number of Listings - Sacramento County

Median Sales Price - Sacramento County

Number of Real Estate Sales - Sacramento County

Search Trulia Listings - Sacramento County

Bulk asset Sales and Laws

Investing In Passive Real Estate

Liability Up To The Amount Of Your Investment

Investing In Commercial Triple-Net Lease Properties

Big Jump in Foreclosure Filings

Foreclosure Crisis Hits Again

Number of Foreclosure Filings

Seeking The Help Of A REO Broker

REO Real Estate Asset Management

Managing Multiple REO Real Estate Properties

Hire A REO Asset Management Team

Credit Unions & Banks We Work With

We offer Real Estate Asset Management Services to Credit Unions, Banks and Mortgage Companies. We are interested in talking with portfolio and asset manager from any of the following orgainzations:

Sold REO Listings in Sacramento

REO Real Estate Broker Sacramento

REO Broker and Real Estate Team Leader

IFS Team Handles All Phases Of REO Disposition