[quote=recordsclerk]
You should provide this info on your blog.[/quote]
I’m uncomfortable with doing so for various reasons. Also when I said servicer, I meant trustee (many servicers use the same trustee and I brain farted).
But I will say I have done the analysis using foreclosureradar and if you have an account all the information is there at your disposal. You have the trustee and the lender and can see which combinations get the most third party sales.. That will tell you who is pricing under market (with a bit of market knowledge, you can figure out by how much..). You have the ones that don’t get a lot of 3rd party sales and those are probably the middle group who price at market value or whatever is owed, whichever is less and those 3rd party sales are either a bad BPO or a low first lien amount. And then you have certain combinations which basically get zero 3rd party sales.
While I think it is tough to pin down when any one property will come up for bid (postponements and all that), I think it is possible to ballpark the opening bid quite well.
