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OK... So here's the scenario... You have a home, or piece of real estate for sale. You KNOW that you want to use a real estate professional to help you with your sale, but you just aren't sure who to call. Being the responsible consumer that you are, you decide to follow Mom's advice and interview three agents before deciding who to list with. AGENT A - Meets with you, and gives you his assessment of what it will take to sell your property. Based on the current slow market, he advises you that it may take 90-120 days to get an offer. He also (24 comments)
HELP - My lender is going to send me a 1099 for my short sale! - 10/24/07 11:07 AM
I often get the question... Will I have to pay taxes on the amount the bank writes off on my short sale? The answer is NOT a simple one, it depends on the situation. Legislation is currently being proposed that will further simplify the issue, but in the mean time, there are cases where you WILL NOT have a tax liability. #1 - Not ALL lenders actually issue a 1099 to their borrowers. #2 - There are rules regarding insolvency. Here is the response from my CPA on this issue: According to IRS Publication 908, Bankruptcy Tax Guide, income from cancellation (5 comments)
Question: RALPH - HOW DO I MAKE MONEY IN FORECLOSURES? * Answer: READ BELOW - 10/24/07 10:50 AM
I recently received the following email: Hi Ralph,I stumbled across your website as I was searching for information on Stealth Sites for Realtors, and Google brought me to you. Then, I started reading your blog, and I think its FANTASTIC!We are a husband and wife team in the Twin Cities, and we are struggling in real estate right now. I will NOT count myself as the LAZY you mentioned when you said that many realtors just won't work the system. I just don't have a system!!! I don't know if you give advice for getting a system, but I sure would LOVE (3 comments)
What the H, E "double hockey sticks" is a grumixameira? - 10/23/07 10:52 PM
I so desperately needed to know what a grumixameira was when I had to TYPE the entire word in JUST TO POST A COMMENT on ACTIVE RAIN. I STILL want to know who developed this labor intensive approach to posting comments!! I know the "official" reason is to keep bots from putting automated posts on thousands of blogs, but for goodness sake... I am LOGGED IN with my user name and password. Could they make it a little easier? I originally commented on this subject in my post RANDOM FRUITS back in MARCH. Well... it turns out that a grumixameira is nothing more than another RANDOM FRUIT! .... I (11 comments)
President RALPH W. BUSH?... or GEORGE W. NUDI? - 10/19/07 01:15 PM
Did you ever wonder what your would look like as a member of the BUSH family? Did you ever wonder what Arnold Schwarzenegger and Hillary Clinton's offspring would look like? I FOUND THIS WEBSITE and laughed my KEESTER off when I saw the MORPH of myself and President Bush... I do think there is a liberal bias on this web site though because there were no pictures of the Clintons to morph. Any way i though of all my fellow rainers and wanted to share this image and the link so that others could have fun as well. Not to mention I thought this would (9 comments)
11% Cap Rate - 20 Unit Apartment Building in Racine, WI - 10/19/07 11:33 AM
20 Unit Apartment Building - FIRE SALE (MINUS THE FIRE)Location: Racine, WI20 Unit Apartment Building in Racine, WI for Sale. This building has had all common area's and many of the units recently remodelled. NEW BOILER, ROOFS, AIR CONDITIONING UNITS and SECURITY CAMERA SYSTEM installed. This building is ready for the right investor to walk in and take over!InformationContact InformationRalph D. Nudi262-997-0668Contact Reply FormForward to a FriendView Other FlyersPricing and AvailabilityAsking Price: $610,000Income: 114072Expenses: 46653Cap Ratio: 11.5% (Pro Forma)Property Location2408 Jacato DriveRacine, WI 53404View MapLinksRalph NudiFeaturesSquare Footage: 15063Building Class: ApartmentZoning: COMRESBroker: Weichert, Realtors - Unum PropertiesProperty ID: 958900Floors in Bldg: 2Lot (0 comments)
Executive Home in Salem, WI's Arboretum Woods - 10/19/07 10:02 AM
Executive Home in Salem's Arboretum Woods SubdivisionLocation: Arboretum WoodsFabulous Custom built 4 Bedroom home on 1/2 Acre, Home features many amenities, including a grand Master Suite with Jacuzzi tub, Gourmet Kitchen and Spacious Great Room. Every last detail has been thought of and accounted for. RO drinking water system, water softener, Central Vac, New water heater and newly painted. Only 5 Minutes to Metra. For more information visit our website http://www.Ralphnudi.com InformationContact InformationRalph Nudi & Associates262-997-0668Contact Reply FormForward to a FriendView Other FlyersPricingAsking Price: $381,900Flexibility: NegotiableProperty Location23515 112th StreetSalem, WI 53168View MapLinksRalph Nudi's SiteFeaturesBedrooms: 4Bathrooms: 2 1/2Parking: GarageYear Built: 1999Subdivision: Arboretum (0 comments)
For a LONG TIME, I have wanted to do a call in, commentary style radio show. I have been listining to talk radio for about 17 years, starting with RUSH LIMBAUGH when I was an Airman stationed at LACKLAND AIR FORCE BASE in San Antonio, TX. I was a "Security Police" member back than (The Air Force's version of MP's) and used to have to stand outside for hours directing traffic through the main gate to the base. RUSH was entertaining and helped to pass the time with his intellectual humor. As I have been struggling with a name for my (2 comments)
ONE OF OUR OWN NEEDS YOUR PRAYERS - 10/18/07 12:47 PM
PLEASE DO NOT POST COMMENTS TO THIS POST. GO TO GARYS POST AND GIVE HIM SOME WORDS OF ENCOURAGEMENT AND YOUR PRAYERS, AND CONSIDER REPOSTING THIS POST TO OTHER GROUPS! http://activerain.com/blogsview/241770/Request-for-Prayer (0 comments)
Does William Shatner make you laugh? Whether it's the cheesy Priceline commercials or an episode of "Boston Legal" there is something about him that I just find hysterical (in a funny... not a middle ages deadly.... way) It's hard to say there is a "nice thing" about foreclosures... it's a sad business, working with people who are in such a bad place financially and sometimes even personally. That being said, for buyers, there can sometimes be some great deals to be had out there, especially when working with an agent who specializes in such properties. A savvy buyer will get to "name his (5 comments)
Market Snapshot for NorthPointe - Kenosha, WI - 10/12/07 11:22 AM
Click HERE for the newest market update on the North Side of Kenosha for the NorthPointe Area: http://www.topmarketer.net/RTMS/RTMSMain.aspx?cnsmr=0&reportId=465c5e5f-d2cb-4bc2-83f7-20d405d192ce Ralph Nudi and Associates updates market reports for various communities in the Kenosha area on a regular basis. Your next Market Snapshot report is scheduled for November 07, 2007 This report is generated directly from the most up to date data - the MLS real estate source. If you have any questions or need additional information, please contact me via e-mail at: email@example.com Or see my website for your own MARKET SNAPSHOT on your own property. Fill out the Neighborhood Report request link! Specializing in (2 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.