Mortgage lenders are in business to loan money, and would like the opportunity to “recapture” the loan on properties they’ve taken ownership of in foreclosure.
REO specialist Frank DeNovi advises buyers of the special incentives that his client lenders are offering buyers. Paying close attention to lender “recapture rates” is one of the little-known activities of an REO specialist.
Coldwell Banker’s Frank DeNovi has specialized in representing lenders for more than 25 years. This is one of a series of sponsored videos based on a wide-ranging recent interview with Frank.
Learn more about Frank and the DK Home Team at http://reo-sales.com.
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