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Blog entries tagged with "risk":
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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
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Our company is in upstate New York. We are not offering home warranties at this moment and I have not had any experience with them. It is not obvious to me that any of the companies in our area are offering home warranties. If they are, they are not advertising them.
If there is rock & roll playing in lower Manhattan this morning, it is probably The Doors' "Peace Frog", as investors awoke to a market seeing financial giants Lehman Brothers, Merrill Lynch, and American International Group all discussed in badly negative news. 
Want a simple bail out plan? Just have a federally insured loan plan with low interest rates. The loans wolud be a 10 year fixed rate with an adjustment to market rates at refinancing. The qualifications would be a little easier than they are now. Stated income loans would be available … (0 comments)
Let's not be too quick to schedule the funeral for Down Payment Assistance (DPA) programs such as Nehemiah yet.
Just because the bank agrees to the short-sale, it doesn't mean that the deal is agreed upon by all parties, especially if there is a HELOC involved.
One of comedian Ron White's funny punch lines is:
What do guinea pigs and the Code of Ethics have in common? Article 11.
RISK vs. RISKY BEHAVIOR
Making the decision to purchase a home and invest in real estate involves risks. So does everything in life from Day One forward. Although you played no part in the decision to leave your mother's womb nor in most decisions before the age of 3, the rest of your life has … (8 comments)
Do you know what an Underwriter is looking at when evaluating your loan?
Those working in the real estate industry should have a clear understanding of how great real estate is to invest in and they should be investors themselves. I've been in this industry for many years as a loan officer, property manager, investor and landlord.
Have you ever had a buyer sue you? I haven't and I'm glad for that, but more and more people are starting to sue when things don't go their way. In the last two weeks I've read of at least three cases where a person who bought a property in 2005 … (6 comments)
Perusing through CNN's money section I found an article discussing retirement plans. You can click HERE to read it yourself.
There's a panic underway in the United States. It's hitting financial markets hard. Bear Stearns went under because of mismanagement and enormous mistakes in their investments, but it was not inevitable that the bank had to go bust. The difference between taking a major beating in the market and actually going … (0 comments)
Yes, there's been trouble in real estate paradise, and no matter the causes, the dramatic results have been experienced across the country. Before assuming that housing is a risky investment, please understand that owning a home offers countless advantages over stocks and other securities.
This is a reprint of an article that I wrote for my other blog Marc's Corner. Generally, I don't write about politics on ActiveRain and in fact try to steer clear of it when it comes to my business. But real estate and politics do mix a great deal. I … (14 comments)
I called on a FSBO last week and the elderly homeowner anxiously awaited my arrival so I could preview his home.
Hopefully you haven't seen a sign like this in neighborhoods where you have listings. Unfortunately I have. As a matter of fact a few of my listings have fallen victim to the wildly advancing copper prices and the criminals that are exploiting it. I used to blame it on those "types". You know … (2 comments)
Over the weekend I read in the Vancouver Sun how a retired Richmond homeowner lost title to his bungalow to con artists. The fraudsters also got away with a mortgage scam worth $400,000.
Depends on whether you are the one that wins out!!! 
In a story in todays Wall Stree Journal is very tale teling on the state of our Federally insured mortgages. The article is entitled "FHA Officials Seek to Ban Seller-Assisted Payments" The reason? Thye are a liability, ans a risk especially when they are not repaid!! Seller Funded Down Payments now … (29 comments)
as we all know, ...When it comes to buying real estate, Patience, prudence, insight, educated decision making and a little luck can present you with promising opportunities.
As the owner of a rental property you could be held liable for known and unknown conditions at the property. In most cases your fire/liability insurance policy will cover you adequately. You should discuss with your insurance company the amount of recommended limits for your situation. 
How about a free Business Risk Assessment tool? You can use it for your your business or pass it on to a business client. It is absolutely free. All you have to do is request it by clicking here 
I don't need any more incentives to lose weight, but I couldn't resist looking at this report.
Paul Slaybaugh wrote a gritty thought-provoking post about 180 day listing terms. This is not a rebuttal of Paul's thesis. Rather his blog afforded me the opportunity to present My Manifesto of Marketing Mortality. 
Marketing Guru, Seth Godin, wrote a book entitled, "The Purple Cow" and in it, he explains how people and companies succeed in today's business climate by taking risks, and doing something 'remarkable.'
Do not miss this long awaited interview with Ohio Mortgage Bankers President Bill Cosgrove. Bill shares his professional expertise on the current housing and mortgage market and gives valuable insight as to what we can expect in the future.
As I describe the effects of the FED actions on mortgage rates to my clients, I watch as they go slightly cross-eyed. Moments later the snoring begins. Seems like I'm over-expaining...I mean, newspaper headlines that read "FED cuts rates again" means that rates are going down. Simple, right?
Are they kidding? Some times I wonder where an agent has placed his or her common sense. Recently while searching for a particular type of home in a local neighborhood I saw this remark in the instruction area.. WHITE DOG INSIDE HOUSE MAY BITE, BE CAREFUL .. I didn't know whether … (22 comments)
Wells Fargo Customer to Join First Lady Laura Bush at State of the Union Tonight 
In A Brief History of Time, Stephen Hawking refers to a publisher’s rule of thumb that states that every formula that a writer includes in a publications will cut his readership in half. Well real estate investing is based on relatively simple principles - especially next to the stuff that Hawking … (3 comments)
Here are some terms that you might consider placing into a lease to option to buy agreement:
Hello, 
Failure to act now could be the most costly mistake you make. Here are the top 5 reasons why:
Frequently someone asks: "Where is all the money coming from to buy these high-priced houses? You can't tell me we've got a bunch of people making $300,000 a year."
Canadians are feeling proud.
So what happens with all of those "sub prime" buyers? They can't buy now if they have glitches and dings on their credit. They want to rent because they are not so far away from being able to buy that they may as well give up...and hey, there are all of those … (5 comments)
I have had numerous clients ask me lately, "Should I take a fixed rate mortgage or would I be better off with a variable rate?" So based on that, I came up with the following as a general guideline of fixed vs. variable to answer this question.
I have the answer to this age old question. There are two ways that a sub-prime borrower may benefit from this.
Oh, I know your dream was for us to be "Doctors and Lawyers" and such. For whatever reason, we became cowboys. No, we did not ultimately choose that 9 to 5 existence. While most of the people we take care of are eeking out a living Monday through Friday, we opted … (24 comments)
YES: I know that I need to find a way to rise above the other agents. I understand that as a newer agent I have a lot to learn. However, I am doing what I can to educate myself. Do you feel like you need to learn more? I want to … (3 comments)
I think if everything would always go as we planned,and we never had disappointments,Life in itself would become boring.I have worked with clients tirelessly holding their hand ,encouraging them, helping them cross hurdle after hurdle only to have the whole thing blow up days before closing. And in todays market how … (2 comments)
High Risk Credit
I have given this seminar to several of my realtor's offices and I would be happy to do the same in yours.
Last Thursday the mortgage lending industry was hit with a shockingly abrupt rate increase due to a Wall Street “risk-adjustment.” This risk adjustment translated into across the board rate increases, particularly on non-conforming and non-A paper loans. What is this risk-adjustment and how does it affect mortgages at a consumer … (0 comments)
Many home buyers and real estate investors have been prompted by steadily increasing interest rates to be more aggressive in their hunt for bargain homes. Competition for the best-priced and most attractive homes has only increased in most real estate markets and because of that intensity, foreclosures are drawing more and … (0 comments)
You know you should check your credit report to see if your identity has been stolen. If a thief obtains your Social Security number, they can establish credit cards in your name, borrow money and make purchases - all without you realizing it.And yet, millions of people have never checked to … (3 comments)
In recent years, aggressive driving has increased. When provoked, aggressive, angry drivers have been known to commit acts of violence.
I tried to get over to the beach this morning to get some sunrise pictures. Unfortunately when I got to one of the ocean access points, at 5:55 am, the gate was still locked.
Especially in this market, home builders in Florida, along with everyone else, are experiencing a major slow down in home sales. In a lot of places, it's as if someone has turned the "spicket off" completely. With tightening margins and sales at almost a standstill, why not minimize your exposure and consider … (0 comments)
SHORT SALES - DO YOU REALLY WANT TO KNOW?
Can you buy at the Sheriff Sale and make a lot of money? Yes and no.
It still surprises me a bit that buyers of real estate often think they HAVE to call the listing agent if they are interested in a property for sale. Really, this couldn't be more wrong - well, at least here in Ontario - as any liscenesed real estate broker of sales … (3 comments)
I am around 72 hours from a closing right now. Last week we had a glitch in as much as the buyers (not my clients) had been the victims of ID theft. We sorted that out with the help of the Social Security Administration and then we were ready to go … (0 comments)