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network: Thinking about working the preforeclosure market as a Licensed Real Estate Agent? - 07/10/07 09:48 PM
Since I began posting on activerain I have become quite busy with emails, and calls about the preforeclosure market. Its clear that licensed agents want to gain knowledge on the subject from a practical source not from a philosophical point of view. This is great for me because it means that the buzz must be out there that the preforeclosure market is “the next best thing” in real estate. While I am thankful to the activerain network and its members for the increased business I am very surprised to find out about all the inaccurate and downright false information there is … (3 comments)

network: Loss Mitigator: The Ins and Outs of Short Sales & Understanding Credit Reports/ Q&A - 05/25/07 05:15 PM
My Notes: 
Topic: Understanding credit reports & The Ins and Outs of Short Sales
Speaker: Gary Nicolini; 10 years experience as a loss mitigator and real estate investor.
A. Understanding a Credit Report: A Mortgage Lenders Perspective
1. First and foremost above score and history is the applicants ability, stability, and willingness to pay.
2. Even if history shows a few 30,60,90 days late or a series of skipped credit card payments the applicant might still be ok as long as they were  consistently paying their mortgage payments
3. Subprime is not dead. Lenders still doing 80/20 with sub 660 scores.
4. … (7 comments)

network: New Jersey Real Estate Investors Association meeting tonight - 05/24/07 10:12 PM
Excellent meeting!
The association chairperson was friendly, knowledgable, and he facilitated networking between members.
I met an array of real estate practitioners from people in the note maket to creative financing specialists to international investors to a loss mitigator...and their was food!!!!
Networking was strongly encouraged before and after the key note speaker. Also, members with property or services for sale were given face time in front of the whole group. 
I will continue to attend meetings and functions on a regular basis.
Tonight about 40 people showed up. The key note speaker talked about short sales as a loss mitigator and an investor. I … (0 comments)

network: Great networking opportunity at the Metropolitan Real Estate Investors Association; MREIA - 05/22/07 10:59 AM
I don't know what else to say except my expectations were met and then they were exceeded.
There must have been well over 300 people in attendance!!! Everyone I met was incredibly nice, friendly, and easy to talk to. This is truly one of New Jersey best kept secrets. I must have spoken to at least 50 people all of which were involved in real estate from a variety of prospectives ie, agents, mortgage brokers, investors, rehabbers, contractors, instructors, etc.
From the moment I arrived at 6:15 till the moment I left at 10:15 I was engaged in positive conversation about real … (1 comments)

 
Lets talk: preforeclosures, foreclosures, REO's, Marketing preforeclosure clients, short sale workouts, real estate investor associations, NAR...


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