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Hi Everyone,

 It's been a while and I have missed you all. The market REALLY changed her in MS. So of course there were only a few options in my opinion.

 

1. Quit

2. Worker twice as hard and make half the money

3. Get a part time job.

 

 

Well I did 2 and 3.

Thanks for all of your support!!!!!

 

I received a call today from a seller on a short sale that I had done last year. The pay off was 99500 and we closed for 80000 minus commission. They sent her a 1099 in the mail for the difference. I told her that she needed to at the time of listing property speak to a CPA concerning the amount that the bank would be loosing doing the short sale. Of course she didn't........ So when she went to do her taxes. She was under the impression that this was going to help her get back more money...... So she calls when she finds out that this amount is taxable. Do I tell her about the ACT and the 982 form that they can fill out?

 

Got a listing that is a big home just needs a little work. The problem is the seller is a home builder with inventor he is trying to sell and will not list property with an agent. So here is where the problem comes into play. He sits around the house waiting on agents to show the house. Then he hounds the people and the agents. I spoke to him very kindly concerning doing this. I asked him not to be there when the house is being shown. Just got a call from a Real Estate agent. She stated he was pushy and all over them while she was showing the  home. Even wanted to take them to show the other homes that he has built. The listing is a really good one and I don't want to loose it.

 

This is something everyone needs to read. Tonight I was watching the news and a strange number came across my screen. It was help now modification. The gentlemen on the phone had received my number from a fellow Realtor. He gave me his pitch about how he could lower my interest rate to 5.125 for a thirty year fixed no closing cost no credit check. WOW!!!!! Here is the kicker all you have to do is send us 1500.........( Lightbulb) There is a company called HOPENOW that helps people for free. And what's your name again..... www.hopenowmod.com...... Wow these companies are popping up everywhere. Please let the consumer know if they are calling you at 530 in the afternoon wanting 1500 to do something that any any foreclosure letter it has on there www.hopenow.com  will do for free they are scam artist. Most of these people are just looking for people that are behind and need help and they take advantage of them. Look at how close the name and web site is..... SAD There is a special place for people who try to get over on people.

 

In this market I learn early on how to do a successful short. Around the middle of last year I got really burned out on the whole process. What I am coming to understand is this is my niche. The one thing that I do in our market that separates me from the other Realtor. I just need some helpful hints on getting them closed faster. I have never had one fail.... Just take so long to close. Does anyone have any suggestions?

 

I've been working a short sale with ountrywide since Feb. 2008. I finally received an approval... That sounds great get it closed. No wrong!!! These smart people didn't put my commission on the approval... Okay, So I have contacted them numerous times to get this corrected. Now it has to go through review again... Has anyone every had this happen before? I asked could they give me a time frame because we were wanting to close by the end of the month...

 

For the past 2 weeks I have been working on a foreclosure. This home was in move in condition. Just needed a good cleaning. Ok, today my buyer calls. She drove past home and the front door was wide open??? So I advised her to close door and lock it. When she looked in home the lights fixtures were missing so she went in home. The kitchen sink was missing, toilet was missing and the list goes on.... I have never had this happen before. What do you do in this situation. We now have a fully executed contract?

 

Sometimes you just have to vent... No one in my home or office will understand this. I have a short sale on a property that is on the market for 80000. The first offer was sent to the bank on Feb 23,2008. Since that time I have made numerous phone calls, been on hold for over an hour at a time, been told it is still under review, they have ordered 4 payoffs and still to this date we do not have a fully executed contract. I've had numerous offers from high ball to to low that I have made sellers net sheets for and had attorney to prepare a prelim HUD1. My frustration comes in when I look at my check after broker, company fee, advertising and the list goes on as well as you know. Was it worth it?

 

In recent news we have all learned about Palin's 17 year old daughter being 5 months pregnant. Now being a mother of a teenager I understand that kids are going to do whatever they want regardless of what we as parents tell them. However, there is a level of control that every parent should have with their kids.... Teen sex is not anything new but were was here mom to discuss protection from not just having a baby but also STD's? If a person can't control her personal home what makes us as AMERICANS think she can control the country.

 

Here recently I have seen a few agents get out of Real Estate and others move to other offices. In the past few weeks I have seen agents move to more high dollar areas. Some of the comments have been because the homes are more expensive they feel that they can make more money. When I pulled the MLS on closed properties these area are hurting the most. There are more FORECLOSURE in the high dollar areas and more homes on the market than the areas they are transferring out of. So is it the person or is it the area. Me personally I would rather consistantly get checks than to wait on the big checks.

 
 
Rainmaker_large

Michelle Way ABR GRI WCR

Jackson, MS

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Pro Realty

Office Phone: (601) 372-6600

Cell Phone: (601) 624-1055

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