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Author Archives: Nicole Pearce

Posts With the Most: Using Social Media for Marketing

A majority of the attendees at the social media session of the Five Star Default Servicing Conference and Expo shot up their hands when the panel moderator asked how many people used Facebook. Fewer hands hovered in the air when he surveyed the crowd about Twitter. Still fewer signaled their membership to LinkedIn. Those who aren't taking full advantage of social media marketing tools are missing out on valuable free opportunities to further their business and build their own personal brand, according to the panel's experts.

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Industry Experts Share Secrets to Establishing Reliable Valuations

The auditorium at one of the Monday morning sessions of the Five Star Default Servicing Conference and Expo gasped when Ron Nation, founder and CEO of JVI Solutions, LLC presented two very different looking images of an REO. ""Do your best to avoid the drive-by appraisal,"" said Nation, referring to the pictures. Panelists stressed that accurately and reliably determining an asset's value can not only turn into more business, but can preserve neighborhoods.

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Affinity for Foreclosed Homes Grows in Metro Detroit

In metro Detroit, 54-percent of homeowners would consider purchasing a foreclosed property as a future home, according to the 2007 RE/MAX Housing Study. The factors cited behind this decision are the overall value and price offered by a foreclosed home.

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Venable LLP Gains Notable Attorney Ralph Miles

Venable LLP welcomes Ralph Miles to the firm’s growing New York office, where he will head the New York Real Estate Group. Miles has represented many New York City and State authorities and possesses almost three decades of experience in real estate finance, development, leasing and real estate bankruptcies and restructurings.

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Foreclosure Radar Offers Another Angle on Stats

Foreclosure Radar, a foreclosure listings and software company, announced that it offers real-time, daily statistics on foreclosure auctions in California. According to the company, media reports have understated foreclosure sales activity, whereas data collected by Foreclosure Radar generates larger statistics.

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