Patrick Schutte
Certifed Foreclosure

Cell: 928-710-1717
Fax: 866-784-1717

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Why we should be your Prescott area REO team – Reason 3/10

Detailed Broker Price Opinions and CMAs We price it to sell in today’s market, not yesterday’s. We do a full analysis of the property and price recommendations based on factual market data for accurate on target pricing. We set ourselves apart from our competition by using a proprietary database analysis that queries multiple data sources [...]

New Fannie Mae Rule prohibits banks from lowering commissions during preforeclosure short sales

On Tuesday, February 22nd, 2009, Fannie Mae released an announcement with updates to the Servicing Guide used by banks in the U.S.  One of the sections that will impact REO agents nationwide is the prohibition of banks making the sale of a short sale conditional upon the lowering of commissions. You’ve probably seen the following [...]

Why we should be your Prescott area REO team – Reason 1/10

REAL Marketing, Not “Price it Low, and Let it Go.” As an asset manager, you are probably too busy to follow up with your listings, but did you know that many REO listings are poorly marketed?  It’s probably due to the fact that many REO agents are overwhelmed with inventory and don’t have the back-end [...]

FAQ on Short Sales from the AAR and Michelle Lind

This article was written by Michelle Lind to address the rising number of short sales occuring in Arizona and to help brokers and agent deal with some of the issues involved. The increase in the number of short sales has resulted in many questions pertaining to the unique nature of these transactions. Many of these [...]