LAMCO and AMS are now partners - REO Property Preservation Forum
Reply
 
LinkBack Thread Tools Display Modes
post #1 of 29 (permalink) Old 06-21-2012, 07:25 AM
SWOH REO
Guest
 
Posts: n/a
LAMCO and AMS are now partners

I received an email this morning from LAMCO stating they are now partners with AMS. Not sure why I received it but thought some of you may be interested.
Sponsored Links
Advertisement
 
post #2 of 29 (permalink) Old 06-21-2012, 10:56 PM
Super Moderator
 
BPWY's Avatar
 
Join Date: Apr 2012
Location: MT
Posts: 4,096
Thanks: 1,470
Thanked 774 Times in 468 Posts
Aint that special.
BPWY is offline  
post #3 of 29 (permalink) Old 06-22-2012, 02:42 PM
Super Moderator
 
GTX63's Avatar
 
Join Date: Apr 2012
Location: Your House Soon...Soon
Posts: 3,186
Thanks: 676
Thanked 2,249 Times in 1,094 Posts
The LAMCO ship has been taking on water for several years. I think AMS just threw them a lifejacket.
GTX63 is offline  
Sponsored Links
Advertisement
 
post #4 of 29 (permalink) Old 06-22-2012, 03:26 PM
Senior Member
 
Join Date: Sep 2012
Posts: 588
Thanks: 192
Thanked 255 Times in 114 Posts
I got a call from a company AMS, not sure if it is the same one.
I swear I don't know who these people think they are dealing with sometimes.
I asked about a pricing matrix, "well we don't give it out until we know you are serious". Duh if I am talking to you I guess I am interested, besides you called me out of the blue.
Long story short, They want references, copy of insurance and completed application before they will give you the pricing.
I explained that we also needed 3 references since we don't know them and we don't do anything with insurance until we know we will work for them.
Guess what, they don't supply references. Gee no references, no pricing but give us your application and insurance.
Hope they get all hacks working for them.
brm1109 is offline  
post #5 of 29 (permalink) Old 06-22-2012, 05:23 PM
Super Moderator
 
BPWY's Avatar
 
Join Date: Apr 2012
Location: MT
Posts: 4,096
Thanks: 1,470
Thanked 774 Times in 468 Posts
Isn't AMS a rather Johnnie come lately to the P&P industry?

Last 2 years or so??

Whats put them on the map is they landed a cushy Fannie REO contract.
I fail to see where they are benefited by joining with LAMEco.

I had to mark LAMEco's emails as spam about 3 times before they stopped bothering me.
I used the unsubscribe feature multiple times to no avail.
BPWY is offline  
post #6 of 29 (permalink) Old 06-22-2012, 09:42 PM
SWOH REO
Guest
 
Posts: n/a
Quote:
Originally Posted by brm1109
I got a call from a company AMS, not sure if it is the same one.
I swear I don't know who these people think they are dealing with sometimes.
I asked about a pricing matrix, "well we don't give it out until we know you are serious". Duh if I am talking to you I guess I am interested, besides you called me out of the blue.
Long story short, They want references, copy of insurance and completed application before they will give you the pricing.
I explained that we also needed 3 references since we don't know them and we don't do anything with insurance until we know we will work for them.
Guess what, they don't supply references. Gee no references, no pricing but give us your application and insurance.
Hope they get all hacks working for them.
I believe they are flat rate, low flat rate.
post #7 of 29 (permalink) Old 06-22-2012, 09:44 PM
SWOH REO
Guest
 
Posts: n/a
Quote:
Originally Posted by BPWY
Isn't AMS a rather Johnnie come lately to the P&P industry?

Last 2 years or so??

Whats put them on the map is they landed a cushy Fannie REO contract.
I fail to see where they are benefited by joining with LAMEco.

I had to mark LAMEco's emails as spam about 3 times before they stopped bothering me.
I used the unsubscribe feature multiple times to no avail.
I unsubscribed too. I was treating too many emails trying to get me to pay to be a member. No thanks.
post #8 of 29 (permalink) Old 06-22-2012, 10:00 PM
Super Moderator
 
BPWY's Avatar
 
Join Date: Apr 2012
Location: MT
Posts: 4,096
Thanks: 1,470
Thanked 774 Times in 468 Posts
Quote:
Originally Posted by SWOH REO
I believe they are flat rate, low flat rate.





At a time when I really needed the work I tried to sign with AMS..... Three times.

I just could not make myself accept their low rates. Even tho I needed the work.

I heard some where that Fannie was or is paying $2500 for each REO to get them trashed out, cleaned and minor repairs done. AMS was/is paying the contractor $600 OR LESS in some areas.

That is just being super greedy, and I won't help them in their efforts to F over the guy doing the work and carrying all the risk.
BPWY is offline  
post #9 of 29 (permalink) Old 06-22-2012, 11:18 PM
FremontREO
Guest
 
Posts: n/a
Ok I dont know all the particulars and I am not signed up with LAMCO but we have done 6 large jobs for them through the Fannie Realtors and the pay is above avg and upon job completion.
post #10 of 29 (permalink) Old 06-22-2012, 11:32 PM
FremontREO
Guest
 
Posts: n/a
If someone wants the true skinny on AMS then talk to Mtmtnmn. He is like the #1 contractor in the nation.
HEY WHERE IS MTMTNMN ?
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the REO Property Preservation Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome