real estate: Resort Certification Demonstrates Expertise in Second-Home and Resort Market - 02/17/10 12:30 AM
Matt Malouf earns RSPS from the National Association of Realtors demonstrating ability and knowledge to assist consumers with their second home and investment needs.
Feb 17, 2010 – Norwalk, CA, February 15, 2010 — Introduced in January 2006, the Resort and Second-Home Property Specialist (RSPS) Certification is a nationally-recognized certification awarded by the National Association of REALTORS® to real estate professionals who wish to demonstrate and promote – to consumers and their peers alike – their expertise in the varied specialty. According to an NAR survey, more than 140,000 REALTORS® currently work in resort area and second home markets. Just … (0 comments)
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real estate: Matt Interviews Wholesaler... - 08/25/09 04:42 PM
So I’m pretty excited as I had the chance to grab my friend and fellow Trojan Ginger Macias for a few minutes and talk to her about her real estate investing business. It has been very frustrating to read the bad press real estate investors have been getting lately, about how we are all out to take your property etc etc. Are there a few bad apples out there? Of course there are as with any industry. I have had the pleasure to meet so many great people in the REI world and the common thread I see through 99% of … (0 comments)
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real estate: Wow, made it to Amazon! - 08/12/09 12:19 PM
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real estate: Featured Content on Realtor.com - 08/06/09 03:27 PM
Check out today's featured content on Realtor.com blogs
http://www.realtor.com/blogs/2009/08/06/the-impact-of-foreclosures-on-renters/
… (1 comments)
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real estate: Bank Delay on Short Sale - 04/02/09 12:51 PM
So what would you do when your client's bank does not get the loan docs prepared by the short sale expiration date? The loss mitigator is already a little ticked off but the delay should not be longer than 2-3 days after the expected closing date but Bank of America has lagged on getting their work done to complete the file. Any suggestions?
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real estate: Evidence of a bottom? - 03/05/09 10:21 AM
Did you see the good news? Title insurance giants First American Corp. and Fidelity National Financial Inc. reported great news on the average number of title insurance orders per day. Fidelity saw orders leap from 5,000 orders per day in October and November to 14,200 title insurance orders per day in January. First American said that orders jumped from around 5,500 orders per day to 10,000 per day in January. Fidelity said that the second week in January was especially good with orders of about 16,000 per day. How good is business for these two title insurance giants? Fidelity has already … (6 comments)
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real estate: Seller Financing - 03/04/09 09:38 AM
Seller financing can refer to one of two things:
The seller can act as a bank and rather than receiving all or a portion of their equity at close, they can "lend" it to the buyer and receive a regular payment as agreed. They may receive no payments, interest only payments, principal only payments, or a combination. It could be an interest only loan, or an amortized loan. Additionally it could carry either a fixed rate interest payment or a variable rate. These will vary depending on the agreed upon terms of the contract between the buyer and the seller. The … (0 comments)
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real estate: Credit Facts/Fallacies - 02/15/09 12:57 PM
Fallacy #1: A poor score will haunt me forever.Fact: Just the opposite is true. A score is a snapshot of your risk at a particular point in time. It changes as new information is added to your credit bureau files. Scores change gradually as you change the way you handle credit. For example, past credit problems impact your score less as time passes. Lenders request a current score when you submit a credit application, so they have the most recent information available. Therefore by taking the time to improve your score, you can qualify for more favorable interest rates.
Fallacy … (7 comments)
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real estate: Do You Twitter??? - 02/11/09 02:33 PM
Just found this really cool program to turbocharge your twitter acct and have to share it....
http://budurl.com/blditfast
Basically it looks like a referral and get in line sort of system where you build a few people to follow on your twitter and then pay it forward so people can follow you and pay it forward again sort of thing, looks really cool so let's try it out and let me know how you like it......
Hey who knows how fun it could be,
tweet you on the other side!!
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real estate: Understanding Different Loan Types - 02/11/09 12:29 PM
Today's homebuyer has more financing options than have ever been available before. From traditional mortgages to adjustable-rate and hybrid loans, there are financing packages designed to meet the needs of virtually anyone.
While the different choices may seem overwhelming at first, the overall goal is really quite simple: you want to find a loan that fits both your current financial situation and your future plans. Though this article discusses some of the more common loan types, you should spend time talking with different lenders before deciding on the right loan for your situation.
General categories of loansMost loans fall into three … (0 comments)
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real estate: A FEW POINTS ABOUT INTEREST RATES - 02/10/09 01:36 PM
Less is more
If you're new to investing or real estate and don't know the first thing about interest rates, here's a good tip: the higher the interest rate, the more expensive it's going to be. High interest rates mean you will have to pay back more on the money you borrow. Another good rule of thumb is that affordability increases if you use an adjustable rate mortgage (it's easier to qualify this way). Of course, there will be a wide range of prices that you can choose from, depending on what kind of financing you choose.
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real estate: It's not the Twilight Zone - 02/09/09 11:48 AM
It's real...a debt free life. Here are 7 steps toward helping you improve your current financial life and over time become debt free.
1. Cut Expenses to Eliminate Debt
Temporary adjustments to your spending life can have an immediate impact on your plan to become debt free. It's wise to cut expenses that are "wants" and not "needs".
2. Adjust Your Income
After you've whittled down your expenses to must-haves, it's smart to investigate the chance to bring in extra income. Whatever the case, the important thing to remember is to be creative in identifying income-producing opportunities to help eliminate debt.
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real estate: You'RE INVITED!!!!!!!!!!!!! - 02/05/09 04:38 PM
Quality Real Estate Investment Education This meeting will be held in the City of Dowoney, CA
Prospective, New and Seasoned Agents seeking to learn what the other side thinks and how to separate themselves from the pack are invited to attend an evening of refreshments, networking and education.
The best return you will ever make on your money is a little time investing in yourself first!
When? Thursday, February 12, 2009 7:00 PM
You will be my personal guests so please call or email me with your RSVP so I can put you on the guest list, seating is … (1 comments)
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real estate: 5 Secrets to Buying the Best House for Your Money - 02/05/09 03:56 PM
1. Get "Pre-Approved" - Not "Pre-Qualified!"
Do you want to get the best property you can for the least amount of money? Then make sure you are in the strongest negotiating position possible. Price is only one element in the negotiations, and not necessarily the most important one. Often other terms, such as the
strength of the buyer or the length of escrow, are critical to a seller.
In years past, I always recommended that buyers get "pre-qualified" by a lender. This means that you spend a few minutes on the phone with a lender … (5 comments)
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real estate: More Foreclosure Prevention - 09/11/08 12:47 PM
I feel blessed and fortunate to have some people who network and help to resolve homeowners issues through nontraditional methods. the best part is that they can help stop foreclosure and save someone's credit and thereby their life! Some amazing stuff please check out their website
www.ipaycash4re.com
I am sooo happy to be affiliated with them and am looking forward to helping out many more homeowners not get a foreclosure or BK on their credit.
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real estate: Blank Steps to Real Estate Success - 08/22/08 11:52 AM
Be Honest- you'll snore louder at night because there won't be anything weighing you down. Have a business plan- this will keep you on track and on course with what you are supposed to be doing. It's not easy to come up with and takes some time but a well thought out plan of why you are in business and what your goals are will keep you on course and will allow you to better serve your clients. Have a marketing plan- you've got a listing....now what? Remember that there is a difference between marketing and advertising. You never … (0 comments)
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real estate: Title Insurance Facts - 08/21/08 12:55 PM
Title insurance provides the property buyer and/or the mortgage lender protection against losses resulting from unknown defects in the title to a property that occur prior to the closing of a real estate transaction. Unknown defects in a title, such as any outstanding liens or encumbrances, can result in additional costs in the future or even invalidate a buyer's right of ownership in the property, and might also invalidate the lender's security interest in the policy. Title insurance policies will cover the insured party for any covered losses and legal fees that might arise out of such problems.Nearly all lenders require … (0 comments)
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real estate: Interest Rates Don't Matter!! - 08/20/08 03:09 PM
Yep that's right I say that with bold bravado and as a real estate investor myself. The general public and many in the real estate industry themselves have been trained to look at interest rates. All we ever see in the media is rates, rates, rates and more rates. Well there is something to be said for interest rates, they don't mean anything.
I myself am looking at a few loan-pricing scenarios for some investment property and will be going with the interest only option at 8% (today's 30 year fixed was about 6.35% and 1 point for $320,000 loan for comparison). … (1 comments)
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real estate: Why Real Estate? - 08/11/08 11:00 PM
First thing to note is that if you look at the real estate market as a time line compared to the stock market you will notice that real estate is a growing line with few major fluxuations. On the other hand the stock market has high points and valleys that range from quick high’s to sudden drops through out it’s history. It’s harder to look at the time lines of other forms of investing i.e. currency investing, mutual funds, buying gold and silver etc - but one thing is clear, no other market is as profitable or as safe as the … (2 comments)
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real estate: A New Vision - 07/20/08 09:45 AM
So let's say that you're a great investor and your 401K is worth $2MILL....how long will that last you in retirement? When I say retirement, that means visiting and spoiling the grandkids, traveling 6-8 months out of the year, gifting $12,000 per year to each family member at the Holidays, going where you want when you want as often as you want without worry of "inflation" or the expense.....if you're on track for that kind of retirement then you probably don't need me.
Like it or not, our dollar loses value everyday whether you believe the Fed's story of "inflation" or … (4 comments)
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