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Foreclosure Homes Investing

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Community Pages Clarifications

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There has been a bit of confusion regarding what is acceptable and what is not as far as the creation of new communities.  We must respect each community.  Everyone will always have the ability to post their blog posts to any community they choose.  However, in order to clarify our position on the creation of communities..... We ask that everyone adhere to the guidelines below: Adding "The" before a neighborhood which has already been created is not acceptable.  The only... Read more
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Can we learn something from The Jersey Shore' Yes! Branding!

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Hi everyone, I am not sure if you watch the show Jersey Shore or not but its something that you should consider checking out for a few tips (FULL DISCLOSURE:  I DO NOT APPROVE OR CONDONE ANYTHING THEY DO ON THE SHOW SO DON'T TAKE OFFENSE IF WHAT THEY DO ON THE SHOW OFFENDS YOU)  MTV hit a homerun last year when they started this show, they took 8 kids and put them into a house under the premise that they were the typical people who go to the Jersey Shore (I have never been, but from... Read more
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Talk Is Cheap...Actually It's Free !!!!!

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There were a few posts today that indicated how nervous agents are becoming with the phone not ringing as much as it was previously.  One post written by an agent discussed the option of leaving the business after many years.  This is very sad and should not be happening.  There are too many ways to find business without spending any money at all.  The method of prospecting without spending money is called NETWORKING. Networking is the one source that is free. ... Read more
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My First Past Client Is Ready To Buy Again

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  My first past client is ready to buy again! Since starting as a real estate consultant four years ago, I've had past clients refer me their friends and family but no one has bought another house themselves. This client is one of my very first clients that I sold a home to and they are coming back to me to buy another home! I met this client at an open house in Palm Desert and they ended up buying a home in La Quinta. Since prices in some areas of La Quinta are more than 50... Read more
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LAUGH AT MY NAME TAG IF YOU WISH ! ... BUT THAT SHINY LITTLE THING JUST GOT ME A CLIENT !!!

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. Ha ! ... I hear so many of you right now ! "I wouldnt be caught DEAD wearing my REALTOR NAME TAG !!!!!"   OK ! No problem from me ! If it's not your thing, then I'd never rib you for NOT wearing your badge, but I OFTEN get people snickering at me because I wear mine ALMOST EVERYWHERE ! ... especially during my workday ! (... I would not wear it to my sons soccer match for example, but to drop him at school ? ... sometimes ;o) lol !!!) Anyway, I'm so excited I can hardly speak type ...... Read more
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Central Ohio open houses are not for lazy agents

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Central Ohio open houses are not for lazy agents.  Real estate agents... open houses are a lot of work if done right. I doubt anyone "lazy" would do an open house, they are a lot of work.  Parts of Central Ohio are great for open houses, other parts'  Not so much. ActiveRain a national real estate network has been a hot bed of debate lately about whether open houses are good or bad. Whether open houses work or do not work.   Whether agents who tell their sellers to... Read more
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Contractual timelines & Terms - Do Banks and Asset managers have immunity' #in

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Bummer - Just had a deal crash . . . This was a deal in which I have a 1st time home Buyer buying a wonderful little house that is REO (Foreclosure). When we made our offer, the bank was rigid on price but agreed to all other terms and timelines, so we proceeded in the usual way. We Did a home inspection within the alloted time frame and found 2 significant issues . . . Air conditioning was not working . . . and crawl space had water and significant fungus/mold . . . We prepared an inspection... Read more
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Another Short Sale Crisis Avoidance Tip: Actual Buyer Must Match Exact Buyer's Name On The Purchase Contract

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In a Short Sale The Buyer’s Name on the Deed and Settlement Statement Must Match Exactly The Name on the Purchase and Sales Contract. Foreclosing lenders in a short sale transaction have a lot of power and control, even though they are neither the seller nor the buyer and have not signed the purchase and sales agreement. Lenders strictly insist that the names on the deed and on the HUD1 settlement statement match the  sales contract. The lenders have their internal reasons for this... Read more
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THE END OF THE MORTGAGE ?BROKER'

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What'  How can this be'  Realtors are still using Mortgage Brokers left and right, so how can I be saying that this is the end of the Broker'  It's called the Financial Reform, and it is completely changing the mortgage landscape as we know it.  I have discussed in my previous blogs the effect this reform is having and will continue to have on borrowers and their disclosures and benefits.  But what is going to happen to the Mortgage Brokers'  First, let's define... Read more
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Sitting on the Fence

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I've been a Realtor® for only 4 years so I would consider myself a relative newbie but for the life of me I don't understand why the market isn't flooded with buyers.  House prices are reasonable (in my area anyway), interest rates are incredibly low, and there is ample inventory (in my area).  Is it because lenders are being stingier with loans'  Appraisals coming in too low'  Everyone left have bad credit'  Something else' Choosing to buy a house NOW seems like... Read more
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