Home Buyer's Class - 04/30/07 03:34 PM
Well now here is something from "Back In The Day"
Holding a First Time Home Buyers Seminar. Over the past 5 years this idea has fallen by the way side because of the sub prime market only required some Buyers to be able to "Fog A Mirror" to be Approved for … (1 comments)
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The sub prime food chain; do not become a weak link - 04/30/07 08:09 AM
The other day a client was asking; why would the sub prime market have an effect on the entire housing market? I explained to him it is "The Circle of Life" In other words, if the first time or credit damaged potential buyer can not make the inintail purchase of a … (0 comments)
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Loss Mitigation - 04/27/07 12:05 PM
Several fellow active rain bloggers asked me what Loss Mitgation was and why it was part of the short sale process, so here we go...
Loss Mitigation is a process of negotiations between the mortgage lender and the home owner. The lender has no financial gain to foreclose and looks to work … (2 comments)
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Short Sales the best way I have found!!! Vol I - 04/25/07 06:22 PM
As the turbulence of the mortgage market rumbles ever so loudly agents are finding themselves being asked to help sell someon's house for less than their mortgage pay off. How you ask well it is a simple as these few steps....but not for the faint of heart.
First you must determine … (7 comments)
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Agentopolis Agents sign on! - 04/23/07 03:44 PM
Another way to help the public find you and also croos link is to join Agentopolis. http://www.agentopolis.com You will find agents you see from Active Rain like yours truly Paul Moye! It is quick and easy, in most cases all you have to do is verufy your info and add your … (2 comments)
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Joining The Community - 04/23/07 03:32 PM
Fellow activerain.com bloggers...Get the word out into your offices and to your referral datat bases across the coutry about our little community. We are growing and have caught the eyes of other real estate sites as our membership has grown.
I try to send out 3-5 invitations per week to agents I … (1 comments)
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Virtual Tours, Search Engines & Loss Mitigation - 04/22/07 09:22 PM
Well as promised I would share the results of last weeks blogs and responses.
Virtual Tours, I received numerous comments on the virtues of Virtual Tours but only one person really examined their business and said they see almost all (no % given) of the buyers he represents and listings she … (0 comments)
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Google Yahoo MSN Where do buyers begin? - 04/19/07 10:58 PM
As a part of the discussion in a class today agents were asking who attracts more consumers who are looking to buy or sell real estate? The BIG 3 search engines all claim to be #1 in attracting prospects to your web site or to view your listings; but what is … (4 comments)
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Virtual Tours...Do consumers really use them? - 04/18/07 09:31 AM
Another interesting question from an agent in one of my classes... Do people really look at Virtual Tours or is this a way to make us think listing agents will fail without using this tool? Well, I am a believer and user in Virtual Tours. However I must admit I have sold … (9 comments)
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Buyers Market....REALTORS Beware???? - 04/17/07 09:42 AM
I continue to see the news reports stating the current housing market is a Buyers Market and agents should beware as falling prices and decreased demand will bring the industry to its knees. Put on a buyers agent hat, go out there and make some money selling these bargins! The control … (1 comments)
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Down With FUDDERS! - 04/15/07 12:31 PM
They are out there! Down withthe FUDDERS! Fear Uncertainty & Doubt (FUD) because their is an industry and a lifestyle that thrives on the worste of emotions and outlook. Those who alwys look at a half full glass sleep better at night, live longer, live a better quality of life and overall are … (1 comments)
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What was your biggest Ah Ha moment when you started in real estate? - 04/14/07 07:57 AM
What are some of the things we learned about the business after we were licensed that we wish we knew before we took the first class? Mine; having been a VP of Sales for an insurance company my biggest surprise was the wide variances in this market concerning Broker splits and … (4 comments)
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What role as agents did we play in the current sub prime market problem? - 04/13/07 08:21 AM
As real estate agents were we a part of the sub prime market boom now gone bust? Did we work the market to our advantage? Did we advise clients on the issues of ARM and 100 to 103% loans? Did we turn a blind eye when buyers were inflating their loan applications? … (6 comments)
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Do we still need FHA loans? - 04/12/07 12:55 PM
Even as the sub-prime market makes a correction and lenders lick their wounds for allowing certain loans to be underwriteen on be foreclosed upon in under 3 years I have to ask: do we still need the FHA loan program? Once upon a time a 3% FHA loan was the salvation … (8 comments)
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Loss Mitigation: Is the mortgage industry learning? Share your sucees stories! - 04/11/07 05:31 PM
The aspect of loss mitigation is increasing in popularity across the nation. As mortgage lenders look at the prospect of foreclosures doubling over the next 3 ears and remaining hig for at least five years is the industry learning to be more helpful? The process of loss mitigation begins as a … (1 comments)
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Today's Hot Button Mortgage Fraud - 04/11/07 04:25 PM
As we continue to hear the news reports about the collapse of the sub-prime market and all of the woe our economy is facing as a result of these loans; should it be a surprise that mortgage fraud is becoming an increasing issue in America? Let's face it, real estate agents … (1 comments)
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