America's Largest Social Network for Default Real Estate Professionals
Interesting title isn't it? Yet ist is not as it seems when you look at at and I will tell you what I really mean. What I am about to say bleeds into servicing asests as well.
I went to my office meeting yesterday and again there was the usual talk about how we need to rise our standards and do more of everything to increase our business. One of our top realtors commented how he isin't working anymore with the prospects that seem to take forever to commit to a decision. He was…Continue
I sell a lot of of Probate and Trust sales. They are not quite like a traditional sale, but not as unlike a traditional sale as a Short Sale or Foreclosure. One of the differences are disclosure obligations. In California one of the diclosure requirements that…Continue
Added by Marcy Moyer on January 12, 2011 at 4:00pm — No Comments
With a new year, comes a fresh group of REO Agent hopefuls, scratching at the door of the industry ready to eat their own just to get that first listing. With this feeding frenzy comes all the questions like, “How do I get my first REO?”
Almost like tradition, each year I have tried to write a blog answering just that…Continue
Fannie Mae recently launched WaysHome, an interactive video to educate homeowners about their options to avoid foreclosure, motivate them to make the right decisions, and encourage them to seek help. WaysHome is part of Fannie Mae's Know Your Options initiative to help today's struggling homeowners. Check it out at:…Continue
Added by Lisa Meszaros on January 9, 2011 at 11:12pm — No Comments
According to Royal Bank of Scotland analysts, using data from corelogic, "The month-over-month price decline in November was the largest in 2010."
The most recent CoreLogic (CLGX: 19.11 -0.21%) Housing Price Index, scheduled for public release next week, will show home prices dipped 3.35% nationally from November 2009 to November 2010.
Added by Scott Olson - REO Sacramento, CA on January 7, 2011 at 9:30am — No Comments
30-year fixed-rate mortgage: Averaged 4.86 percent with an average 0.8 point for the week ending December 30, 2010, up from last week when it averaged 4.81 percent. Last year at this time, the 30-year FRM averaged 5.14 percent.
The 15-year fixed-rate mortgage: Averaged 4.20 percent with an average 0.8 point, up from last week when it averaged 4.15 percent. A year ago at this time, the 15-year FRM averaged 4.54…
Added by Howard Bell on January 5, 2011 at 9:11pm — No Comments
Added by Howard Bell on January 5, 2011 at 9:10pm — No Comments
Does anyone here ever try different things to get more business verses the old signing up and just waiting?
I know that is not going to always work,although I have got some business that way.
Every 2 or so months, I go through all the lists I have of REO and BPO companies to update them. I first go through the ones I am…Continue
Well, today is my first day as a GEORGIA Realtor! I don't know anyone here except my family and my new office Broker. Wow... this will be somewhat of a challenge, but I belive I can do it!.
My plan is to start doing Short Sale listings, as this has become a specialty for me. I believe I have attended every class known to man kind, and feel pretty prepared ... although Georgia is a non-judicial state, so this will be…Continue
I am not an econimis, nor a financial expert, but I like to think practical outside the box, I know what I am about to say will get some people upset, and my even triger a Nationalistic reply to it, but the reality that we lived in is different to the reality we would like to live in.
We need to have a better housing recovery to help our frail and declining economy, the main reasons are high unemployment, the large amount of people living and on the way to live depending of our…Continue
Added by John Accornero on January 2, 2011 at 4:41pm — No Comments