Goldman Sachs REO
Quick note I figured that I would post up , since I still get a ton of real estate traffic & searches.
I recently was requested to do a Goldman Sach's BPO order on a REO property (This means the property was very likely in a state of foreclosure, and they requested that I value it).
Anyways, getting ahold of a bank , or asset management group like this is almost impossible to do , so here it goes.
The BPO was issued by Singlesource, you can try to get ahold of a manager there at singlesourceproperty.com
This is the first time I've had a request (knowingly) by Goldman Sachs, so this at least will help someone to find them.
GS has been getting a ton of press recently , some groups are saying that they're the sole cause of the entire mortgage meltdown, and that they're even paying off some politicians to look the other way (in terms of inquiries into GS's business methods.) As time goes on , I see them in the news more and more so, someone even posted a comment on my facebook page a book written about Goldman Sach's CDO methods leading to all the foreclosures and REOs now held by banks. I really don't know what to think anymore, but hopefully if you're dealing with them as a investor, or a mortgage holder yourself, you may be able to use the information on here.
Interestingly enough though, it seems almost as if goldman is still holding back quite a bit of volume, you'd think with all the underperforming assets that they'd do something about it , but it seems like they haven't........yet.