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June 2015 Blog Posts (7)

RESPA & TILA Changes Effective August 1st, 2015!

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…

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Added by Danish Maqbool on June 22, 2015 at 2:00pm — No Comments

Retirement Advice: How to choose a good Solo 401k provider?

“Be slow in choosing a friend,

Slower in changing.”

Benjamin Franklin

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…

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Added by Dmitriy Fomichenko on June 13, 2015 at 9:30am — 1 Comment

NAR Study says 85% of Buyers and Sellers want video, but only 12% of Realtors even have Youtube Channels

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…

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Added by George Kenner on June 7, 2015 at 8:21pm — 3 Comments

The number of foreclosures is about to explode and drive down home prices, yet again!!!

A few different  sources have informed me that we are about to get a significant increase of foreclosure properties. What is being said is that the initiative President Obama put into effect to keep family's in there homes and them from being foreclosed on 5 years ago is about to expire and its time to pay the piper.
 
Is there any truth to this and can anyone shed more light on this subject?

Added by Tom Langjahr on June 4, 2015 at 1:00pm — 13 Comments

Referrals

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!

Added by Phyllis Wagner on June 3, 2015 at 1:20pm — 6 Comments

Foreclosures in Tucson

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.

http://www.lexiclark.com/search/city-182/styp-Foreclosed/disp-LIST

Added by Lexi Clark on June 3, 2015 at 9:18am — No Comments

Have you looked at your Equator bill this month?

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.

Added by Alex Nova, A-REO, CDPE, RDCpro on June 1, 2015 at 10:30am — 21 Comments

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