Active Rain
-
Quick Tour
Connect. Share. Learn.Welcome to ActiveRain, the #1 social community for real estate professionals.- Explore the world's largest storehouse of real estate knowledge
- Access free training on ActiveRain University
- Share the experience of life in the real estate industry
- Grow your business through real estate blogging
- Blogs
-
Resources
Product Reviews Curious as to what others in your profession think about a certain product or tool? AR's community takes the time to leave honest and transparent reviews of their experiences so you can be a bit wiser about your purchase.
- Broken down by categories and subcategories for easy finds
- Get an unfiltered look at what real users are saying
- Leave a review yourself for others to benefit from
- Add new products as you use them and gain points for doing so
|
Clearly, many if not most short sales involve a loan presently in default. As well, many times a short sale might involve a current borrower who can currently afford the payment. In several other situations, a seller may be “just hanging on” and the smallest thing could put them irreparably behind on their loan. Welcome to “eminent danger of default.”
I have been reading more and more about Strategic Default, where a borrower decides as a financial decision to default on their mortgage. This is becoming more and more common as the mortgage meltdown continues and this part of it is one side that many didn't see coming. If a borrower looks at a mortgage where their payment is, say $4000 per month, the value of the home is down by $300,000. they look that it will take 10 years to get that value back but in the meantime they have paid an additional $400,000, default and your credit recovers in 2-7 years, … (72 comments)
Most of us living in the northern states are familiar with the expression in the title to this post...!!! 
For an upcoming article in REALTOR Magazine's crowdsourced List Issue, we'd like to hear about the tips and strategies broker-owners and managers use to keep their best salespeople from being scooped up by competitors.
A dream finally come true for my husband and I. We became American citizens TODAY (1/8/2010)! Soon after we were naturalized, we signed up to become voters - an American privilege many Americans have foresaken.
Top 28 ActiveRain Bloggers in Their Field - 2009
With anxious Tucson home buyers yesterday, I saw the lender's smile turn to a scowl as she reviewed their credit report. Clearly, the Buyer's "forgot" to mention a few things. When the lender asked them about late payments on two credit cards, the Buyer's responded,
Hi folks. When I first realized that Short Sales were going to be a major part of my market I knew I needed to learn how to do them and I needed to learn how to do them fast. So I did what any Short Sale rookie would do...I decided to write a book on how to do Short Sales!! I read and studied everything I could get my hands on. I started listing Short Sales and started going through the process. I found out real quick that what I thought I knew.....was not enough.
How Does Your Charlotte NC Home for Sale Compare? 
As I sat in front of my window watching the shiny white flakes of snow fall seemingly endlessly from the sky, I started to wonder 'what happened to the rain? Natures way of keeping my grass green and leaves on the trees?'. My yard is one of the most beautiful on the road I live down, with the elongated drive lined with trees and well manicured lawn. Funny as it may seem, my husband's favorite past-time in the spring/summer/fall is mowing.
Thanks to everyone who has sent me well wishes and inquired as to where I've been recently. Not long ago, I wrote a post about how blogging about my boyfriend's snow removal business actually worked. In this post, Tim had just received his first phone call from a client who saw the blog.
Short Sales in the Hemet - San Jacinto CA Valley have never been easy - no matter what another agent may tell you. The problem is not universal to our local market - but across the land as well.Here is a post form an accomplished Short Sale Agent in San Diego County, Melissa Zavala, that has now uncovered yet another new problem that the government is creating ...in an effort to push short sales through the system...if you believe that.
It seems like the more the government tries to help the worse things get. What they do to help often hurts more than it helps.
Today, January 8, 2010, would have been Elvis Presley's 75th Birthday.
The unemployment report which I saw on CNBC stated that the US economy lost 85,000 jobs in the month of December which could mean the mortgage interest rates could come down a bit from their existing positions.
I spent some time with the 2009 real estate market data for Mount Prospect, Illinois.
So over the last few weeks we have seen a rapid rise in mortgage rates. In the month of December we saw the 30 year rate rise from 4.71 to 5.14. So while the general trend has been rising mortgage rates this week for the first time in four weeks we saw mortgage rates move down a little. The 30 year rate fell from 5.14 to 5.09 and the 15 year rate fell from 4.54 to 4.50. The 5 year arm held steady at 4.44 while the 1 year arm dropped slightly from 4.33 to 4.31. Below are rates from the … (1 comments)
Now there's no need to worry about paying your mortgage if you lose your job.
egin the new year and gaze at your financial, personal, business future....what is your plan ? Do you want to propel your career to greater heights ? Is there a location change....a broker change....a different career. Doing the same thing in the same place, the same way you have always done it....is likely to get you the same result...Being open to change is a wonderful concept.
This cold and bitter first week of 2010 is a great time to create your 2010 Marketing Plan. Most of us hate sitting down and spending time on such an exercise, but putting goals and strategies in writing greatly increases the chances of reaching those goals. The tough real estate markets we have seen in the last couple of years make it even more critical that we evaluate what marketing has worked and not worked to stop spending money with no return on your investment. 
Top reasons San Diego condo buyers should consider the Electra condominiums. Electra stands above all the other condos (literally) and has some features not found in other condo buildings. The Electra condos were built by the BOSA development team, which has built the better condo buildings in downtown and Electra is one of their best, in essence it’s the best product by the best developer, an unbeatable combination. Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2013 ActiveRain Corp. All Rights Reserved
