America's Largest Social Network for Default Real Estate Professionals
“Save your money. You’re going to need twice as much money in your old age as you think.” — Michael Caine
If you’re self-employed and trying to boost your retirement savings, Solo 401(k) plans are a potential option.
Solo 401(k) plans are qualified retirement plans for self-employed…Continue
Ouch, they dropped fees for exterior BPO from $40 to $35. I rarely accepted at $40 unless it was close by. No way would I accept a BPO for $35. This comes at a time when several others raised their fees. One went from $50 to a varied fee depending on area to $55 to $65. I do desktop BPOs for $40 - $50 without leaving the house! One company went to $63 exterior and $95 for interior. The BPO gets taken at $35 since it goes away. Lots of hungry Realtors out their I guess.
Does anyone know anything about SmartVal Vendor ? They are looking for Broker for BPO.
Roth IRA is one of the well-known and oftentimes considered best IRA for self employed. If you are looking for reliable financial investment and retirement account, it is imperative to know more about this plan. Nowadays, you might find it more challenging to decide what retirement account to choose. There is a big difference as well as similarities…Continue
Added by Dmitriy Fomichenko on March 21, 2017 at 7:58am — No Comments
Added by KAREN WATKINS on March 15, 2017 at 3:06pm — No Comments
As an agent with 10 years experience with BPO/REO companies I'm finding the fees and commissions getting extremely low. Just last week I had several requests from companies I have worked with for years offering fees as low as $35.00. I did request fee changes for $45. to $50. which I still think is low. I did not get one order. I have a license, continuing education, MLS and board dues not to mention things that go with being self employed. Office, gas, health care, paper computers and the…Continue
While it may seem as if it is hard to determine what is happening in the downtown San Jose condo real estate market, there are some majors metrics that are quantifiable that can help you see where the market is going. These markers include:
Added by Marcy Moyer on February 8, 2017 at 9:58am — No Comments
We all feel the pain as do appraisers, so if you did BPOs for Wells between 2005-2010 those BPO companies were cleaning up while we were getting peanuts. Take a minute to view these guys adding humor to current issues.…Continue
“The beauty of diversification is it's about as close as you can get to a free lunch in investing.” Barry Ritholtz
How do you feel about staking your entire future on the stock market? Risky, right! Who would do that? Surprisingly enough, a lot of investors are putting their money in the stock market directly or…Continue
Added by Dmitriy Fomichenko on January 11, 2017 at 8:32am — No Comments
This is a question I get asked all the time. When an owner has passed and has rental property should the heirs sell the Palo Alto probate or trust home with the tenants in place, or wait until the lease is up?
While most years I would say wait until the tenants are gone but with the uncertainty of how interest rates will affect prices and what will happen to a Palo Alto market that…Continue
Added by Marcy Moyer on January 8, 2017 at 9:52am — No Comments
Developers don’t build condos with the intention of sloppy work that they hope no one will notice. But never the less, they almost always get sued in about year 8-9.
In California, new construction comes with a 10 year warranty on latent defects on the structure. In plain terms home owners and homeowner associations have 10 years to sue a developer if they find problems with the structural components of a building such…Continue
Added by Marcy Moyer on January 3, 2017 at 10:38am — No Comments
I am frequently asked by San Jose real estate investors, both veteran and new, what is best for…
Added by Marcy Moyer on December 31, 2016 at 1:13pm — No Comments
In Florida, We're Having a Heat Wave This Winter At The Beach!…Continue
Added by Nicole Ocean on December 29, 2016 at 10:46am — No Comments
On Nov. 8th Mountain Voters approved Measure V, commonly known as the Rent Control Measure. If you are the Administrator of a Mountain View Probate Estate that has rental property to sell this is a huge deal. You…Continue
Added by Marcy Moyer on December 17, 2016 at 9:30am — No Comments
The Stock Market Surges to 20K And The Masses Applaud Their Own Doom
Make no mistake folks, the stock market surge is based on credit and at some point, that credit is going to default. The scary part is, we all know this, we all know our country is borrowing to pay debt, our citizens aren’t saving, it’s not a secret and yet, we are applauding this credit driven stock market boom, to our own demise.
I heard it once said…or read it somewhere which is more likely…, “we can’t…Continue
Added by Nicole Ocean on December 14, 2016 at 11:30am — No Comments
Among the available retirement options, Solo 401(k) plans are worth considering, due to their relatively high contribution limits, flexible investments and the ability to make after-tax Roth contributions.
Here are some reasons self-employed business owners should consider Solo 401(k) plans.
Because the self-employed professional wears the dual…Continue
Over 2016, Goldman Sachs has become a major player in the default loan industry buying all the bundles of Fannie Mae loans throughout the year. I have noticed that the properties are now starting to pop up in my area but the agents are from about a hour or more away. So the question it does anyone know who to get into Goldman Sachs?
Anyone who has looked for acreage in places like Pescadero, Gilroy, or Morgan Hill has probably come across a situation where a neighbor or friend has horses or goats or cows who graze the…Continue
Added by Marcy Moyer on December 7, 2016 at 2:16pm — No Comments
“Compound interest is the 8th wonder of the world… Those who understand it earn it… Those who don’t pay it.” ~ Albert Einstein
Thanks to the efforts put in by financial gurus, a lot of people are aware of the concept of compound interest. For those of you a little dubious about the same, here’s a quick definition:
‘Compound interest is interest calculated on the initial principal and also on the accumulated interest…Continue
Added by Dmitriy Fomichenko on November 29, 2016 at 7:40am — No Comments