I really enjoyed speaking with Orest Tomaselli, CEO, National Condo Advisors, LLC about project approvals, reserve funds, Fannie Mae, FHA and shadow inventory.  National Condo Advisors, LLC, is comprised of real estate finance and legal professionals and provides expert consultation to builders, developers, homeowners’ associations, institutional investors, lenders, and real estate firms.

His other firm National Condo Inspections, LLC provides services such as reserve studies, phase I environmental site assessments, noise studies, and flood zone solutions.

He’s going to be busy for a number of years.

Last January I moderated a distressed property panel at the Inman Real Estate conference in New York.  One of the panelists was Travis Waller, a sharp real estate agent from New Jersey who spoke with great clarity on his specialty, distressed real estate.  In this podcast we have a great conversation via Skype on what life will be like after the end of the federal tax credit for first time and existing home buyers, how banks are coming to grips with property disposition, differences between short sale and foreclosure transactions, marketing distressed property, to name a few.

It’s great insight from someone who deals with distressed property first hand.  Follow Travis on Twitter.

Last month I was a panelist at an Institute of Real Estate Management (IREM) conference covering lending trends.  I was matched up with 2 lenders and attorney Steven Einig.  I appreciated his take on the escalating foreclosure situation and his ability to articulate it.

After moderating a foreclosure panel at the recent Inman Real Estate Connect conference in New York, I thought it would be great to have a conversation with one of the panelists, Phil Tesoriero principal of  Gelip Inc. Consulting.  A former New York City Firefighter, his experience includes rehabbing REO’s and distressed properties as an investor and contractor, working as a sales agent specializing in the sale of HUD and REO properties and owner of a real estate brokerage firm, Phil now helps real estate professionals with the sale and management of distressed real estate.

You can find out more about Phil’s services at TheBigForeclosureSecret.com (Hint: its all about short sales) and his new product ForeclosureGuard.net.

After moderating 3 foreclosure related panel discussions at the Inman Real Estate Connect conference in New York yesterday, I sat down with Rick Sharga of RealtyTrac (who was one of my panelists) to discuss their foreclosure business and the trends they are observing. I interviewed Rick last fall and always find him to be an endless source of insight and clarity on the distressed asset market.  RealtyTrac released their most recent report yesterday so the timing was perfect.

Hint: 2010-2011 = Peak Foreclosure

I really enjoyed my interview with Rick Sharga, Senior Vice President of RealtyTrac who was very gracious in accommodating me despite a packed schedule during his New York stay.  

Rick is the foremost expert on the state of the US foreclosure market. I have been a long time reader of their blog ForeclosurePulse.

He was able to keep on topic despite the din of jackhammers outside our building and a few digital squelches. I hope you enjoy the conversation.