How Do I Sign North Dakota Banking PDF

How to industry sign banking north dakota pdf free

we're seeing a lot more of the name move towards property management of their properties rather than just selling them outright is this what do you think about that uh do you mean like banks that have foreclosed properties that are letting the tenant stay they let the tenants day or they are actually fixing up the properties and having us I'm tenants for them okay that wouldn't be a bank because the bank's really can't do that so you're talking like some of maybe the hedge fund clients and appliance um thanks sometimes we'll do that I know like in New Jersey the laws are really tough the bank forecloses this attend in there they got to honor the lease and fannie and freddie's kind of always done that you know just as more policy I'm not the required to I don't see it is that much or that larger piece of the business it's only if a bank takes the property in a state where the required to honor the lease in which case you know a property manager for a year in which case you try to negotiate with the tenants to get them the hell out and cash for keys hey it's a bank that one it's sold so you some sort of authorization if it's a property private equity group or one of the hedge funds that's gonna buy and hold strategy yeah they will turn it into a rental and that becomes your property management and we've got a lot of our people that are managing hundreds of properties for them hey though it does happen but it's not as common as I think people think it is except in certain states releases have to be honored after foreclosure yeah we see that a lot in Florida as well we're getting a lot of injuries from different banks were outsourcers i should say yeah i'm looking for people that yeah it's kind of hard when you discuss it because the colloquial term is everybody just says it's a bank foreclosure I mean the banks the service is the gsi's right now they're only about forty one percent of the market hi yes the rest of private equity groups hedge funds and some run through outsourcers so you don't really know who you working for into getting to the file and what they want to do but yes and some markets Florida particularly gonna see a lot of it in like North Dakota you never will no well kind of boy this was the buying holes and most of my old hedge funds early active about 14 and 50 markets right now no it probably doesn't have I mean gee where you are it's gonna affect you a lot of people will never see it right so but it's not a bad thing to do because eventually you hoping you get the listing out of it yes antigen and again remember leverage those tenants to become you next generation of buyers that's good you guys