Try looking in 1998
By Inman News, Monday, October 5, 2009.Kris Berg, broker-owner of San Diego Castles Realty, sympathizes with the plight of first-time homebuyers and the agents who would assist them in buying a bank-owned property -- if banks were just a little more human. Berg, whose wit is also on display in her Inman News columns, used Xtranormal, Web-based "text-to-movie" software, to make this animated short, "How to buy a bank-owned home." Follow Berg on Twitter or subscribe to her blog for direct notification of any sequels.
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.
You must login or register to post a comment.
Submitted by Dave Marron on October 7, 2009 - 2:11pm.
THAT was unbelievable. I feel that "loser's" pain. Very well said. We will refer back to that video in five years and ask "was it really that bad?" Never forget how absurd the REO market is today. Banks created the worst real estate market in the history of the world. Should we really be surprised at their futile attempt to liquidate their inventory?
Submitted by Ruthmarie Hicks on October 8, 2009 - 7:44am.
Although I don't work with REO's but the attitude is pretty much par for the course on "vanilla" loans. The larger banks just drag their feet endlessly, LO's won't answer their phones, and escrows pile up. Yes, we have record pendings here - because getting clearance seems to take an act of Congress, the President and God - and we all know how easy it is to get something through Congress these days.
Submitted by Michael Eisenberg on October 13, 2009 - 1:00pm.
Great Video, if those bankers would only deal with the real world buyers, things might get better.