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She’s Just Lucky…That’s Why She Has So Many Closings…
Posted: Wednesday, July 1st, 2009
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Do you believe that's actually what someone said about me?!?!?
I couldn't believe my ears when I heard that, I started laughing uncontrollably!
I see 3 different types of agents in the field right now...
First: those that sit around and hope something happens
Second: those that go out and make something happen, and
Third: those that wonder what just happened!
Let me explain my self, and I'm actually going to lump 1 and 3 together. This morning I was at a closing at a "Traditional" real estate office, and since I was running a little early, I sat in the lobby and "observed" the ...
2 cool resources I just found
Posted: Tuesday, June 16th, 2009
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I'll keep this short and sweet today...
I've been coming across several resources that I'm going to be using in my business, so I thought I'd share some of them with you!
Today's 2 are:
FIRST: A link to a self-analysis of whether you have "Chinese Drywall" in your home. It asks several yes or no questions and also has good pictures of "normal" and "problem" systems. (this would be a good link to send out to your farm list) CLICK HERE
SECOND: By now, I KNOW you've heard of loan modifications, and you've probably been approached about doing them as a business, ...
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Top Five Tips for Buying a Foreclosed Home
Posted: Tuesday, February 26th, 2008
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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, ...
How the Mortgage Forgiveness Debt Relief Act Changes Your Business
Posted: Monday, January 14th, 2008
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On December 20th, Bush signed into law a measure that will change the tax effects for a homeowner in foreclosure. These are critical changes that may change your client's outlook on a deal (in fact...maybe you lost a deal last year because of this tax burden...it may not be too late to call that client back and revive the deal!)
In a nutshell: If a homeowner who was in foreclosure worked out a short sale agreement with their lender, the amount of debt that the lender "wrote off" is considered as ordinary income to the seller. That means ...
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