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#232628 - 06/15/08 03:57 PM Re: First Preston [Re: RebREO]
RebREO Offline
Member

Registered: 03/25/08
Posts: 38
Loc: GA
Bump...anyone?
_________________________
"Work like you don't need the money. Love like you've never been hurt. Dance like nobody is watching." -- Author is Mark Twain / Samuel Clemens

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#233094 - 06/17/08 08:26 PM Re: First Preston [Re: RebREO]
someoneguy Offline
Member

Registered: 12/22/07
Posts: 80
Loc: USA
How did you send in your insurance info? I registered with them but haven't heard anything from them. Are you past that point?

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#233719 - 06/20/08 01:11 AM Re: First Preston [Re: someoneguy]
REO QUEEN Offline
Member

Registered: 04/05/08
Posts: 120
Loc: Missouri
I signed up also with no response!

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#233829 - 06/20/08 06:11 PM Re: First Preston [Re: REO QUEEN]
code 3 broker Offline
Junior Member

Registered: 06/20/08
Posts: 3
Loc: CA, USA,
After registering with them it took about 3 months (recently I recieved a listing broker package) After turning this in in to about 10 days for me to get set-up. I got access to home tracker and was informed to buy multi-forms for bpo listings. So far no listings yet, however the keep saying their expecting to get many in CA from fannie mea.

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#234012 - 06/21/08 11:41 PM Re: First Preston [Re: code 3 broker]
REO QUEEN Offline
Member

Registered: 04/05/08
Posts: 120
Loc: Missouri
I might have to check back with them. Does anyone have thier # (pm me with it if you will) Thanks-

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#234131 - 06/22/08 07:38 PM Re: First Preston [Re: libbysellsreos]
SPR Offline
Junior Member

Registered: 05/15/08
Posts: 4
Loc: CA
I am wondering how you receive the Home Tracker Application, was it throught the mail or by e-mail? I sent in the completed package and have sent 2 request e-mails with no response.

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#234185 - 06/23/08 06:05 AM Re: First Preston [Re: SPR]
dumb1 Offline
Member

Registered: 12/09/07
Posts: 139
Loc: Florida
I'm confused about their auto insurance requirement.
Is it just in the case of a company car being used or do you have to include them in your personal auto insurance policy. Crazy.
And who drives clients to their REOs? Geez.

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#235156 - 06/27/08 11:00 PM Re: First Preston [Re: dumb1]
code 3 broker Offline
Junior Member

Registered: 06/20/08
Posts: 3
Loc: CA, USA,
They will have you sign an affidavit stating that you don't have a vehicle owned and resigested by the company for business. This will allow you to get out of the auto policy requirment for additional insurred. Has far as Home Tracker is concerned once you send in your completed package and it's been reviewed you will be sent a hometraker application from your broker coordinator. From her it takes about 3-5 days for HT to issue you a password and account id; which you will recieve in an email. It's been about 3 wks and I still have yet to recieve an order. I did however recieve an email from the VP stating the 48hr turnaround for bpo's is a must other wise the listings will get assigned to other agents, and the need to purchase the MULTI-Forms software for BPO's. I've called a couple time and keep being told they are expecting listings (Fannie Mea) in my region but have not recieved them yet. I will probably give them a call again next week if I still have not recieved anything.

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#235158 - 06/27/08 11:02 PM Re: First Preston [Re: code 3 broker]
socalreman Offline
Member

Registered: 05/13/08
Posts: 295
Loc: Orange County, CA
Geez, I sent my application, got the insurance changed, and its been 3 weeks with NOTHING. It only cost me an extra $30 for six months so I am not too worried about the insurance cost.
_________________________
Coffee is for closers!

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#235164 - 06/27/08 11:30 PM Re: First Preston [Re: socalreman]
code 3 broker Offline
Junior Member

Registered: 06/20/08
Posts: 3
Loc: CA, USA,
I sent you a PM

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#235190 - 06/28/08 10:47 AM Re: First Preston [Re: code 3 broker]
Hantosh Offline
Member

Registered: 01/25/08
Posts: 65
Loc: Dearborn, MI
Code breaker.. check ur PM.

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#236749 - 07/08/08 08:41 AM Re: First Preston [Re: Hantosh]
RebREO Offline
Member

Registered: 03/25/08
Posts: 38
Loc: GA
socalreman...same here...three weeks and nada. In fact I can't even get a telephone number to contact anyone, only an email. I've sent several emails and they never respond. I guess it's a waiting game, but I thought I'd see something by now considering I'm in a high foreclosure area.
_________________________
"Work like you don't need the money. Love like you've never been hurt. Dance like nobody is watching." -- Author is Mark Twain / Samuel Clemens

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#236800 - 07/08/08 01:36 PM Re: First Preston [Re: RebREO]
zpcsc Offline
Member

Registered: 08/29/05
Posts: 323
Loc: Florida
I just came accross this topic. The foreclosure my buyer closed on was handled by First Preston. They were the processors for Countrywide & they were great. Took care of all the issues that needed to be taken care of. I dealt w/them through emails & placed the offer through their site. I really liked working w/them.
_________________________
Zoila Perez-Chanquet
EWM Real Estate
http://www.zmiamirealestate.com

http://activerain.com/zmiami

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#238101 - 07/15/08 04:15 PM Re: First Preston [Re: zpcsc]
Juls Offline
Member

Registered: 09/04/07
Posts: 21
Loc: California
ZPCSC,
Can you tell me how long it took until you received the written approval and ratified contract? I put an offer in last week received the acknowledgement etc.

I tried to call them today but got voice mail and left a message.

Thank you,
Juls


Edited by Juls (07/15/08 04:16 PM)

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#238296 - 07/16/08 01:07 PM Re: First Preston [Re: Juls]
zpcsc Offline
Member

Registered: 08/29/05
Posts: 323
Loc: Florida
I received an approval within 72hrs. It was a smooth transaction. The house was under a short sale for a while then Countrywide took it. We offered listing price w/20% down, I think it was the only offer. A lot of activity but we were the ones that got it. Who is the lender? Countrywide is working fast cause of all the inventory they have (I guess).
Call them & they will tell you who is working on your file then all you can do is make contact via email.

I wanted to find out, I sent them an email ref the lock box not being picked up but they did not respond. I took it w/me since the buyer wanted it out & it had been over a week. Do they bother to pick them up. The listing agent told me it's First Preston's box.
_________________________
Zoila Perez-Chanquet
EWM Real Estate
http://www.zmiamirealestate.com

http://activerain.com/zmiami

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