MARIE CHUNG

I agree with Joellen but further believe some funds/resources should be allocated to develop collaboration/strategy with banks to safeguard vacant properties & mitigate vandalism. Yes the burden & responsibility is with the owner/bank and REO Broker locally but this is a huge problem that will get worse before it gets better... Unfortunately we are seeing a trend of the munis placing violations, liens & making the disposition even more difficult or nearly impossible... Many times munis are placing these on properties only AFTER the property goes REO (deep pockets)... Many times such violations/liens are discovered in escrow or just before the close of escrow. Buyer walks... properties goes back on market & property gets vandalized again... and the vicious cycle repeats itself... Just a thought to brainstorm with anyone interested. I wonder what munis will need assistance with acquisition & disposition here in So Cal. REO Modern Realty is available to assist. BUY A BANK-OWNED PROPERTY IN CALIFORNIA Marie Chung Bordering LA & Orange Counties REO Modern Realty Corp. California REO Broker Tel: (562) 860-2626 e-mail: Info@ModernRealtyCo.com 11900 South St. Suite 109B ~ Cerritos, CA 90703

We are ready for whatever happens - and as an industry must be resilient to what is finally enforced. We have buyer opportunities of a lifetime in California. Kindly let me know if I can be of service to your buyers or investors. Coop/Referral Fees welcome Marie Chung BUY A BANK-OWNED PROPERTY IN CALIFORNIA REO Modern Realty Corp. California REO Broker Tel: (562) 860-2626 e-mail: Info@ModernRealtyCo.com 11900 South St. Suite 109B ~ Cerritos, CA 90703 "Bordering LA & Orange Counties to Better Serve