Ryan Case's (pacificservicing) Blog

For the good of our industry, lets hope this program is green lit and makes it to the general public. It would help thousands of under water borrowers who prefer to short sale vs. foreclose but simply don't have the typical "hardship" that banks want to see.Breaking News…. Bank of America is test...

I completely agree. What are we teaching our children by taking them to R Rated movies? And how on earth can you rationalize letting them see these types of movies? You get an F in parenting skills!If I didn't have a cliffhanger you wouldn't be reading this blog, as a blog about "Machete" is not ...

The importance of great photos can never be underestimated! We chose to hire a photographer to shoot our homes as we feel the difference between traditional photos and photos taken and professionally edited is night & day. It can be the difference from your listing sitting on the market 1 day vs....

I was reviewing comparable listings on a project we listed just last week in the Four Seasons 55+ community of Hemet when it brought a huge smile to my face. I was unsure of what price to go out at as the listings in that community are all over the place, from the 130,000 range to the 200,000 ra...

A conservative approach pays off every time! I have talked about our conservative approach to purchasing properties in past blog postings. While the competition chooses to purchase up to 4-5 marginal projects each week, we choose instead to pick up 4-5 quality projects on average per month. Ther...

Start to finish in 26 days! 922 Hereford Way, Perris CA 92571 We closed on a project a few weeks back that went 26 days from the time we owned it to the time we resold it! Now I can understand your thinking, OK, maybe the home was turn-key, maybe they already had an end buyer lined up, or maybe ...

The federal government is doing their best to stop the housing market decline, but are they really going about it in a manner that is not hurting our economy in the long run? 60% of our local REO listings are Fannie Mae owned assets. These homes are priced 10-30% above current market value. Curr...

Inexperienced “Short Sale” agents and the damage they do for legitimate agents in our area!   This is a topic that frustrates me daily. I live in Temecula CA, and there are short sale agents here that have developed reputations as unreliable, “shady” (for lack of a better word) real estate agent...

Our First Successful flip under Pacific Servicing, LLC! On November 30th, 2009 we bought this property located at 504 Cheyenne Circle, Banning Ca 92220. We paid $34,694.01. We bought it at the Riverside court house steps through a trustee sale. We paid cash, got a receipt, and that was it! There...

Unethical REO Listing Agents… Do you have them in your town?   I am writing on a topic I am sure many of you are familiar with, yet I have seen few agents bring up this topic on Activerain. I am not an agent, as many of you know; I run a successful business that consists of flipping properties. ...