fred weaver: Top 10 Reasons TO Attend NLA Live 2019 - 02/25/19 03:22 PM
Perhaps you're wondering what NLA Live is?
 
And considering this is my first post on Active Rain on the subject that is a totally valid question.   
 
Here is my shot at briefly explaining it.  "NLA" is short for 'Next Level Agents' which is a facebook group that my business partner Fred Weaver, along with Cody Gibson and I started a couple of years back.  Essentially its a place to hopefully have the best real estate conversations in the world, or at least on Facebook =)..  Last year we decided to start a new tradition and put together an event and let me tell you it … (2 comments)

fred weaver: Get It Done Now! - 05/23/11 03:11 AM
Get it done and do it now! There are too many people in the world right now that are planning on doing things some day, when they have more time. Just get it done now. When my check comes in, I want it now. When I send in a short sale package, I want you to look at it now. When you ask for tax returns, i want you to review them now. Whatever you are doing, just DO IT! There are lots of things that are simply more important than others. If you feel like you have a lack of … (0 comments)

fred weaver: How Long Does It Take You To Close A Short Sale? - 03/09/11 02:30 AM
We took a survey from an article we found and it turns out that real estate agents still think that short sales take too long. 71% of agents have said that it takes between four and nine months to finish a short sale. Please tell me that our viewers are NOT waiting four to nine months to complete their short sales. We don't get every short sale approved in 60 days or less, but you should be able to complete short sales closed in 90 days. Everything we hear is about how short sales are getting better. They might be better … (4 comments)

fred weaver: ONE YEAR ANNIVERSARY, Short Sale Power Hour...WOW! - 11/09/10 03:02 AM
It been an amazing run with the first year of Short Sale Power Hour. Here are some interesting statistics Unique visitors: 38,413 Total Visits: 120,839 We've made 267, that have garnered us 1627 comments from viewers like you. That doesn't include comments from Activerain viewers and Youtube viewers, just the lower Shortsalepowerhour.com groupies. So, on average each video was seen 452 times with 6 comments. Total number of specials guests: 29 (approximately) With Brian Gubernick stopping by for seven episodes. The list includes: Rick Geha, Knolly Williams, Josh Pomerleau, Sarah Willman, Bryan Choate, Elliot Tomaszewski, Tod Barton, Saul Carter, Adam Lee, … (0 comments)

fred weaver: Dealing With Expired BPO's - 10/22/10 03:20 AM
This is Short sale Power Hour and today is Freaky Friday. Today's topic is one that some agents may be seeing, but have no idea why it's happening. We talk lots on this show about BPO's. We have discussed how the BPO process works. We have discussed how to dispute a BPO. We have talked about how much value the BPO actual holds in the transaction. We have even spoken about how some banks don't care about the BPO at all. However, one topic that we haven't discussed is expire BPO's. You have a short sale transaction and are about to … (2 comments)

fred weaver: Widespread Wells Panic Wasn't Worthwhile - 09/27/10 04:16 AM
With another Mindset Monday in our midst, we would like to talk about the same topic that we visited on Friday. We discussed the Wells Fargo fiasco. When the news of this new Wells Fargo policy came out people freaked out. They were wondering how they would ever do another short sale with Wells Fargo. The first mindset that you should probably take from this situation is that nothing is ever what it seems. We talk about this premise frequently. So, you should be accustomed to that idea by now. However, the other thing you should consider is that your reaction … (0 comments)

fred weaver: Knolly Williams Talks About Short Sale Success - 09/22/10 03:22 AM
Fred is joined by his good friend Knolly Williams after wrapping up a great week at MegaAgent Camp. Knolly has been doing short sales for more than 7 years, closing more than 500 short sales. He has spent more than 20,000 hours working with short sales. That has helped a great deal when he is talking with other agents and the challenges that they are facing. He can easily recall a situation that is similar to their challenge and help them. Knolly now runs a seventh level real estate business, meaning that others do everything in his business. He simply oversees … (1 comments)

fred weaver: Time Is Not A Luxury You Have In Short Sales - 09/17/10 03:35 AM
With Freaky Friday upon us, we would like to share a story about a luxury short sale that is about to close for us. I'm sharing this story to expose what is truly going on behind the scenes at the bank. We took this file more than a year ago, listing it at about $1.5 million. Keep in mind that in 2009, less than 10% of the sales were above $300,000. That gives you a glimpse at how luxury homes sell in the Phoenix area. We had the price below $1 million before we ever received an offer. The buyers had … (3 comments)

fred weaver: Offer Greater Than BPO Equals Everboyd Wins? - 09/01/10 03:55 AM
A few weeks ago, we aired an episode about disputing BPO's. Kevin had an interesting little incident at one of our favorite banks that relates to BPO's. A file was setup and assigned to a processor at Wells Fargo. They asked for some additional documentation, which was provided. Then, Kevin asked what the BPO value was. What happened next was a bit out of the ordinary. The negotiator at Wells Fargo emailed Kevin an actual copy of the BPO. Knowing the BPO now, all of the documents are taken care of and Kevin was expecting approval. However, the negotiator at the … (0 comments)

fred weaver: Outback Mindset Crucial To Short Sale Mindset - 08/30/10 06:14 AM
While today's episode is directed more toward agents, hopefully home owners out there can also take something from this. Maybe those home owners can get an idea where we are coming from when we are battling for you in the trenches. There are some big Crush It classes coming up in the near future. We will be teaching one in the Tucson area soon. Also, on October 12th in Baltimore, Maryland and November 2nd and 3rd in the San Diego and Irvine, California areas. That Crush It class is guaranteed to be the most accurate and relevant content you will find … (0 comments)

fred weaver: A New Tool For Dealing With BPO Disputes - 08/19/10 06:52 AM
We are revisiting a topic that we discussed about a month ago regarding BPO disputes and we hinted that the market may change a bit regarding BPOs. Basically, we thought that the number of active listings was going to go up and that sales were going to diminish. We tied all of this theory into the idea that BPOs were going to get messed up in this process. Specifically, the BPO challenges are coming from the lender valueing your property higher than it is actually worth. When you have had a home on the market for several months and had no … (0 comments)

fred weaver: Short Sales Are Coming To Your Area - 07/23/10 03:48 AM
Welcome to shortsalepowerhour.com. We are joined by our special guest Pete, who knows short sales. Filming from Mission Beach on another overcast day, we are filming live on the street during rush hour. If you haven't turned the episode off yet, let's talk about short sales and the short sale market. If you are one of those realtors that believes that short sales will not come to your area of the country, now is the time to change your frame of mind. There are lots of people saying that short sales won't be a big part of your market or that … (2 comments)

fred weaver: Kristian Peter Speaks About Freddie Mac’s Inventory - 07/18/10 07:04 PM
Kristian Peter will blow your mind with stats gained at a recent Freddie Mac conference. Can you say inventory?
More Short Sale Power Hour with Kristian Peter … (0 comments)

fred weaver: Special Guest Martin Andelman Speaks The Truth - 07/15/10 06:07 PM

http://shortsalepowerhour.com/power-hour/martin-andelman/ Martin Andelman makes his first visit to shortsalepowerhour.com. He's a great source for the truth about banks, politics, and other stuff. check out his blog for an interesting perspective. To check out Martin’s blog and that Texas Lawsuit report, click here.
(4 comments)

fred weaver: Recent Housing Statistics Look Grim - 07/13/10 06:57 AM
Last week we spoke about the declining home sales in America. They fell 30% from May to June. Those videos were filmed on Monday, July 5th and since that time there have been tons of articles supporting what we are saying. First of all, if you took our episodes last week to think that you should run and hide from this situation, you are completely wrong. We share this information with you so that you can face this market head on. We're just trying to be realists and shift our strategy as the market changes. One article notes that the US … (2 comments)

fred weaver: Supply And Demand Impacting The Short Sale Market - 07/08/10 07:30 AM
Yesterday we spoke about statistics and how we believe that the market will keep going down. So, we would like to talk about what happens when there is a steep increase in active inventory and a steep decrease in sold homes. Having been in the short sale business for 3 years, we have seen little rises with tax credit extensions and other programs. What we have seen is When inventory goes up and sales go down, banks do not respond to that data quickly. Generally, they pull their data for BPO's and appraisals from as much as six months ago. The … (1 comments)

fred weaver: Home Sales See Sharp Decline - 07/07/10 04:06 AM
Today we are talking about home sales, specifically national figures. We don't usually care too much about national figures. It is important that you go look at your local numbers because real estate is a local business. However, sometimes the statistics are so incredible that they need to be brought to your attention. According to the National Association of Realtors, pending home sales fell 30% in May from where they were in April. Granted, April was the end of the tax credit deadline. So that had some impact on the situation. We don't quite know what has happened from May to … (0 comments)

fred weaver: New Government Program Aimed At Helping Home Owners - 07/06/10 03:55 PM
The newest government program aimed at helping home owners has recently been announced. In the news a few days ago was a piece of information about this new program and unemployment. Hopefully you can learn something from this new program and the details behind it. Starting July 1st, home owners can start applying for the HAUP program. HAUP stands for Home Affordable Unemployment Program. HAUP provides home owners a forbearance of monthly mortgage payments, either reducing them or suspending them for at least three months. If you don't know what forbearance is, it basically halts payments. The interesting thing about this … (3 comments)

fred weaver: Fannie Mae Changing Guidelines For Strategic Defaulters - 06/29/10 08:03 PM


Kevin and Fred talk about strategic defaulting and touch on the ethics of it…
Also, as promised…  Here are some of the Fannie Mae info:
This is for conventional loans.
Currently the waiting period for purchasing a home after a foreclosure is 5 years. As of October 1st 2010 the waiting period will be extended to 7 years.
Summary of Waiting Period Requirements
Bankruptcy Chapter 7 or 11 = 4 years Bankruptcy Chapter 13   = 2 years from discharge date Multiple Bankruptcy Filings = 5years if more than one filing in the last 7 years. The Requirements for Deed … (3 comments)

fred weaver: Banks Watching Strategic Defaults Closely - 06/29/10 04:45 PM
Fred Weaver and Kevin Kauffman, Arizona's greatest short sale team, is chatting about a recent article on the topic of strategic defaults. Apparently Experian finds that 19% of mortgage defaults in the second quarter of 2009 were strategic. First of all, the statistics are fairly old. Also worth noting is the fact that there is no clear definition of who is strategic defaulting and who is not. Apparently, they are defining strategic by looking at financial and credit records and assuming that the home owner could have paid their mortgage. This is 80% more than 2005, which is kind of obvious, … (3 comments)

 
Kevin Kauffman, Kevin Kauffman (Group 4610 Network )

Kevin Kauffman

Kevin Kauffman

Tempe, AZ

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Group 4610 Network

Address: 3920 S. Rural Rd, Suite 110 , Tempe, AZ, 85282

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