America's Largest Social Network for Default Real Estate Professionals
Another milestone reached by the mortgage industry reform: the end of the disclosure forms confusion! Provided to those applying for a mortgage, these forms were originally created based on two separate federal statutes: Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA). The duplicate information as well as erratic…Continue
Added by Danish Maqbool on June 22, 2015 at 2:00pm — No Comments
“Be slow in choosing a friend,
Slower in changing.”
How does this quote relate to your retirement plan? Well, a retirement plan is the only thing that will get you through your golden years and you don’t want to put your these years in the hands of someone who wouldn’t care for your best interest.
Choosing a retirement plan is an important decision for self-employed and regular…Continue
I have heard more than just rumors that Lenders with REO's are very closely looking at how Realtors use video to promote their properties. Clearly the 85% demand number is going to move our industry. In fact I know of a growing Brokerage here in San Diego, that is offering video support to the right, hard working, agents as an inducement to join their firm.
This week I am going to be a webinar guest for Woman in Diversified Services. If anyone has any comments…Continue
I am excited to hear about the referrals. The only thing I miss about working with a franchise is the opportunity to use their referral system. (I am an independent broker now) I have tried paying for referrals in the past and have not been successful. So thank you REO PRO for taking on a referral system that is based on no up front fees!
There are still a number of foreclosures in Tucson. The foreclosing market seems to be heating up a bit. I just listed 4 more foreclosure properties. You can view them all at the link below. Call me with any questions you may have. Thank you.
Added by Lexi Clark on June 3, 2015 at 9:18am — No Comments
It looks as if times are desperate for all trying to nickel and dime us, now its Equator. I typically paid about $65 dollars a month for ZIP codes today I woke up to $511 a month for the same Zip codes. As you can imagine I was not the only one caught by surprise. Contacting support at 9:13AM eastern time I'm still in line for support number 138, 2 hours later. So check your equator bill this morning.
At some point when i started getting REO's in 2006 i was told by Spring of 2009 it would be all over. Boy they were wrong in 2009 i sold 189 REO's but something was different then. REO's were being traded from one asset company to another and i was sent along the ride with the new companies selling an average of 150 a year till 2014. Now in 2015 the REO's are just drying up with no new asset manager on the block and nobody even making claims that we have a shadow inventory coming sometime…Continue
Items that Repel Home Buyers
The seller’s market that was so prevalent a few short years ago seems to have shifted in favor of the home buyer. Thanks to an overall improvement in the economy and home prices that have risen by 10% or more for the past year, buyers are becoming a bit more selective about their purchase. Here are some items that scare buyers off and what you can do to fix it.
Added by Michael Collins, CDPE, SFR on May 14, 2015 at 9:01am — No Comments
Every small business owner requires a retirement strategy. Do you own a small business? Probably the idea of retirement planning isn’t as enticing as opening another store for your business. According to a survey conducted in 2014, nearly one-third of the small business owners didn’t want to retire whereas a quarter had no plans for retirement. More than one-third said that they would divide their retirement equally between work and leisure. Does that sound like your plans?
Added by Dmitriy Fomichenko on May 13, 2015 at 9:00am — No Comments
I just received an email request for an exterior BPO due in less than two days (about 42 hours) for $42. I generally just delete these because the fee is too low for me but it just so happens I had an accepted order within a few blocks for another client (for $70, not a rush order). I thought I'd log into their system and reject for fee and see if I could get them to bump it up a little before I drive for photos tomorrow morning. I took a couple minutes to see if the property was listed, had…Continue
I received a notice from a company that Ca state regulations require that all payments be made to the employing broker or brokerage. They payment is already low. For many years all payments go directly to me. My broker does not care but the logistics of writing a check back to me will be difficult to continue on a continuous basis.
I do not have similar issues with other companies. Anyone has that experience? They now ask for copy of driver's license.
The real estate downturn of the mid-2000s is mostly over and the market is heating up, with prices rising in all over the U.S. In Wisconsin, the real estate market might be even healthier than in other locales, with new and existing home prices expected to rise 2.4 percent by early 2016. It might just be the perfect time to buy, but before you make any offers, you need to do a little planning to make sure you can pay out over the long run,…Continue
Added by Michael Collins, CDPE, SFR on April 22, 2015 at 9:17am — No Comments
The Wisconsin housing statistics are in for the month of March, 2015. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:
The Wisconsin housing market grew substantially in…
Added by Michael Collins, CDPE, SFR on April 20, 2015 at 11:57am — No Comments
Sometimes you have to search through the fog to find the best real estate agent you can. Here are seven key points you can look at to make sure you stand the best chance of finding that quality agent to help you sell your home.
Added by Pam Maglione on April 16, 2015 at 9:18am — No Comments
I just received in the mail an acceptance letter from NRBA saying my application was approved and that all they needed was my annual payment. The funny thing is is that I did not apply to be a member. I would appreciate anyone giving me their honest opinion about this group!!!
“Destiny is no matter of chance. It is a matter of choice. It is not a thing to be waited for, it is a thing to be achieved.”
William Jennings Bryan
Being a self-employed, every professional holds his destiny in his hands. Taking control of your life is the first step towards achieving success and retirement is an extremely important part of life. How do you achieve maximum benefits with your retirement…Continue
If you are selling a home, your real estate agent may often tell you the something like – “we have to sell it fast, it’s in your best interests”, “get rid of this chapter of your life and start anew”. “make sure you clean your home thoroughly and give it a fresh coat of paint on the…Continue
In December 2014, national cash sales on single family homes made up for about 35% of the total of all home sales. WOW!! However, if we turn the clock back a year we find the cash sales in December 2013 made up 38.5% of the share; so why is this figure falling and should we be worried by it? Now, I’m not saying that this # is the best gage of the real estate market,…Continue
Added by Pam Maglione on April 2, 2015 at 12:44pm — No Comments
The Wisconsin housing statistics are in for the month of February, 2015. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:
The Wisconsin housing market showed…
Added by Michael Collins, CDPE, SFR on March 25, 2015 at 8:17am — No Comments