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Recent Newsletter Articles

Top Five Tips for Buying a Foreclosed Home

By Stacey L. Bradford,
Associate Editor, SmartMoney.com

RIGHT NOW, IT’S anyone’s guess when the housing downturn will finally hit bottom. But if you’re looking to buy a home now - and plan to stay in it for a while - there are plenty of bargains to be had on a foreclosed property.

Banks are often willing to sell foreclosed homes for up to 20% below market value just to get these troubled properties off their books, says Rick Sharga, vice president of marketing for RealtyTrac, a web site that lists foreclosed properties. With foreclosures at an all-time high in the past year, there’s no shortage of these opportunities to pursue. However, prospective buyers should know that closing on that super-cheap distressed home is often a lot more …

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LifeChanging Stories

I wanted to share with you some direct results I have gotten from sponsoring your Foreclosure Seminar for our Realtor clients. I just got a new purchase contract from an agent that has never used us before.

He is working on a short sale and contacted me to have us close!!!!! And our seminar was less than 2 weeks ago! I look forward to growing more new business from this.

Thanks Andy!

Lisa Bennett
Osceola County Representative
Fidelity National Title

I wanted to thank you for the class on foreclosures you gave on Thursday afternoon. I was a little nervous about attending for 2 reasons, 1. I thought I would be lost and 2. I have a short attention span. You were a wonderful teacher. You made things easy to understand and had a way of keeping the groups attention. I’m working on a pre-foreclosure right now and had no idea what I was doing, I feel much better about handling the transaction now.

Have a great weekend.

Gena Duran

Recent Blog Posts

30 Second Infomercial Revisited

You may know that I am a big proponent of having a strong “Elevator Speech” or “30 second Infomercial”  basically that is how you answer the question: “What do you do?”
 
Today I want to revisit this topic for a few minutes and really get you to stop and think…how would YOU answer the question, “What do you do?”  Really, write it down quickly on a piece of paper…go on, I’ll wait.
 
Got it?  Good.  Now look at what it says.  If someone ELSE had just told you that exact same thing, would your response (with your inside voice of course) have been “Who Cares?”  I’m serious!  Think of how many people you meet every week that when they tell you what they do you think to …

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New Laws All Over the Place!

This week I have an update on the HB 643 Foreclosure Rescue Law AND an update on some BIG changes in the mortgage market that were passed yesterday.  Both of these may have a HUGE impact on your business and it’s important that you become familiar with both.
 
First, HB 643.  Yesterday I went to a meeting led by Attorney Barry Miller and The Closing Agent.  Barry gave us some insights on the law as it applies to Realtors and what we need to do and know to stay out of hot water.
 
His overall consensus is that Realtors are PROBABLY excluded, although there is some weird wording they use in the exclusion.  One biggie that you might not have thought of though is this - if …

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