Jen Romiti, QSC, ABR - Pleasant Hill, CA's Blog

How to get started in the REO Business

Tue, 04 Dec 2007 22:44:52 -0600

Hi all,

I have been an agent for 10 years and for some reason I have absolutely no clue how to get involved in the REO side of business. The people I know involved in REO's in my area are of course very hush hush about how they got in contact with the asset managers.

Would anyone care to share the secret with me? I know some agents that are caring 50 to 100 listings but still are not willing to disclose how they got started with it.

Thanks in advance to anyone that responds!!

Sincerely,

Jen Romiti - QSC, ABR

New Listing... over 2400 sq ft in Brentwood for under $450,000 !

Sun, 02 Dec 2007 00:12:42 -0600

Jennifer Romiti | Re/Max Associates | jen@jenromiti.com | 925-200-0453

1005 Chamomile Lane, Brentwood, CA

Fabulous Brentwood Home in and Excellent Location.

5 Bdrm Single Family House

offered at $449,000

Year Built	2001
Sq Footage	2,451
Bedrooms	5
Bathrooms	3 full, 0 partial
Floors	2
Parking	3 Car garage
Lot Size	6,522 sqft
HOA/Maint	$0 per month

DESCRIPTION

This house features Cherry Cabinets, Hardwood Floors and Stainless Steel Appliances. The 3rd Bay/Garage has drive thru doors. Possible RV Access. The fifth bedroom is extra large (more like a bonus room) with surround sound. Master Bedroom has a retreat. Family Room is pre wired for surround sound. Home also feautures Crown Moulding, Plantation Shutters and Two toned paint.

see additional photos below

PROPERTY FEATURES

Central A/C	Central heat	Fireplace
High/Vaulted ceiling	Walk-in closet	Hardwood floor
Tile floor	Family room	Living room
Office/Den	Dining room	Breakfast nook
Dishwasher	Stove/Oven	Microwave
Stainless steel appliances	Laundry area - inside	Balcony, Deck, or Patio
Yard

OTHER SPECIAL FEATURES

Third Bay of Garage has Drive Through Doors

Dual Zone A/C

Full Bedroom and Bathroom downstairs

Master Bedroom Retreat

Original Owners that maintained their home well

Not a Short Sale or Bank Owned Property but priced like one!!

You won't find a better value in Brentwood

ADDITIONAL PHOTOS

Seller contact info:

Jennifer Romiti

Re/Max Associates

jen@jenromiti.com

925-200-0453

For sale by agent/broker

Equal Opportunity Housing

Posted: Dec 1, 2007, 7:25pm PST

Repost of my first blog due to faulty URL...sorry all!

Fri, 30 Nov 2007 11:03:34 -0600

Repost of my first blog due to faulty URL...sorry all!

Hi there!

Welcome to my first blog! (Had a typo in the website URL so I had to repost this because I couldn't figure out how to edit it.)

I would like to share with you a way to block creditors from randomly running your credit and lowering your credit scores due to multiple inquiries. If you choose to Opt Out at https://www.optoutprescreen.com/ . I have been informed that this will increase your FICO scores by about 15 points when you select the opt out for 5 years option. Do not choose to opt out permanently.

More information to come soon! In the meantime, feel free to contact me for all your Real Estate needs!

Sincerely,

Jennifer Jacobs

Re/Max Associates

925-200-0453

http://www.jenjacobs.com/

How to "OPT-OUT"

Wed, 07 Feb 2007 15:04:03 -0600

In my first blog I told you how you could opt out of credit card pre-screening to raise your credit scores. Today, I want to give more Opt-Out options. Reduce the number of telemarketing calls, the amount of junk mail and more ways to eliminate "pre-approved" credit card offers. Just think of the ramifications if someone got a hold of one of those "pre-approved" offers and changed your address...bye bye credit score!

National Do Not Call List

http://www.donatcall.gov/ or 888-382-1222

Experian Mailing List Opt-Out

800-228-4571, ext. 4633

Polk Company Mailing List Opt Out

800-464-7655, ext. 6660

Direct Mail Opt-Out

www.directmail.com/directory/mail_preference/Default.aspx

Val-Pak

800-661-0959

Direct Marketers Association Mailing List Opt-Out

www.dmaconsumers.org/cgi/offmailing

ADVO, Inc. (Shop Wi$e, Mailbox Values)

888-241-6760

Credit Card Offers Opt-Out

888-567-8688

If you have any questions regarding this topic or any other Real Estate topic, feel free to call me at 925-200-0453 or email at mailto:jen@jenjacobs.com. Go to http://www.jenjacobs.comto search the MLS for homes for sale.

Increase your credit score (part 2)

Tue, 06 Feb 2007 16:01:59 -0600

Here is a tip I heard from a financial advisor. I have not tried this personally so I cannot guarantee the success, but it makes sense and seems worth trying!

First you will need to start off with $1000. If you do not have $1000 then borrow it. Borrow $200 each from 5 family members/friends if you need to.

Once you have the $1000 dollars, go to a bank or credit union and ask if they report their loans to credit agencies. If they do, deposit the $1000 into a savings account and request a $1000 loan.

Take the $1000 from that loan to the next bank and do the same thing.

Do this a total of three times.

You will then have three savings accounts with $1000 in each, three loans of $1000 each and finally $1000 in cash. Immediately go pay back whomever you borrowed the original $1000 from.

What did you accomplish? You now have 3 open accounts on credit.

Now you will begin making payments on each of them.

On the first month, withdraw $300 dollars from each savings account and apply it to each loan.

On the second month, withdraw $300 dollars from each savings account and apply it to each loan.

On the third month, withdraw the remainder and pay off loan.

You will need to make up the difference out of pocket for any interest owed. You can figure that it will probably be about $50 a month in interest for about two months for all three loans. Check with the bank or credit union to find out how much the interest is.

The next month you are reported to the credit agencies you will have a 850 credit score if you had no credit to begin with and if you had credit already you will see a substantial increase in your score.

Good Luck!