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real estate: BEWARE: the DANGERS of foreclosure, preforeclosure, REO websites - 07/16/07 05:53 PM
This post is actually a modified comment that I made on David Britt’s blog, http://activerain.com/blogs/dbritt.
You must read David’s blog post!
David’s post and Fred’s comment on the post addresses an important and disenchanting issue in the realm of pre-foreclosures, foreclosures, and REO property.
David’s post should be read by anyone considering becoming a member to any one of the many guru-esque foreclosure websites.
It is true, preforeclosures, foreclosures, and bank owned, is all the buzz right now and the consumer must exercise caution when putting down their credit card information.
I was regional director for www.jerseypreforeclosures.com and … (7 comments)

real estate: websites for all Real Estate professionals: - 05/28/07 09:27 AM
http://www.domania.com/ Quick property valuation tool. Its not the best but its quick and Free.
http://www.zillow.com/ The contravercial property valuator. 
http://www.doityourself.com/ If your heading into a fixer upper this is a great tool.
http://moving.move.com/move/tools/movingcalc.asp?poe=homestore This is a moving cost estimator. Pretty cool.
http://www.homeplans.com/exec/hspos/hsnet A great resource for blueprints.
http://www.forsalebyowner.com/ Not a bad place to look for clients. Many of these people are distressed homeowners.
http://letsrenovate.com/ Renovation estimator.
http://houseblogs.net/ Self explanitory
http://real-estate-law.freeadvice.com/ Free legal advice
http://www.schoolmatters.com/ Learn about local school districts
http://www.iii.org/individuals/homei/ learn about homeowners insurance
http://www.clubflyers.com/ This is the cheapest source for marketing material I have ever found! 5000 double sided glossy postcards for like $150.00
https://www.plaxo.com/ Excellent for managing your contacts. It works … (8 comments)

real estate: 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)

real estate: 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)

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


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