Thursday, September 10, 2009

Las Vegas Lender Panel

Yesterday in Las Vegas was close to be blood shed. The agents are hostile and in my opinion they have every right to be. I have said it over and over again, "The market must start respecting Buyers or they are going to check Out." You would perhaps be appalled at some of the answers the lenders were giving and the sad truth, they were honest! Not deficiency release language, cutting commissions, taking forever, loosing files, the list goes on. The panel attendees were the Las Vegas area top producing Short Sale agent, Chase, HUD, Freddie Mac, Mortgage Resolution Services www.mresolution.com, Wells Fargo and Bank of America. Each panelist had a unique prospective of Short Sales but none had the answers we require to afford market stabilization.
We are actually going to host a webinar to follow up because there are so many agents that attended that are frustrated. NAHREP and AREAA did an excellent job at putting this event together. Our hats off to them.
For a link to the webinar please email questions@mresolution.com

-Christopher Rockey

No comments: