Groups are smaller communities within the larger ActiveRain. Join groups created by others. or start your own and
get others to join
This is the place to view the past and present contests put on by ActiveRain and its members. Everyone can join the
group and help encourage each other. Current contest will be highlighted posts so it's easy for you all to see. Let it
Curious as to what others in your profession think about a certain product or tool?
AR's community takes the time to leave honest and transparent reviews of their experiences
so you can be a bit wiser about your purchase.
Broken down by categories and subcategories for easy finds
Get an unfiltered look at what real users are saying
Leave a review yourself for others to benefit from
Add new products as you use them and gain points for doing so
ActiveRain University (ARU) provides free on-line training. We coach, consult and support real estate professionals about real estate trends, technology and social media.
ARU Calendar provides class types and registration links
Watch short tutorials on updating your photo, inserting a hyperlink and much more
Sign up for the Daily Drop so you don't miss out on AR's daily happenings
Find answers to most FAQ's
Whatever it is you're into and wherever you are, AR surely has a group for you to join.
Brand, off the wall, specific subject matters…whatever it is you're looking for.
Each time you write a post you can syndicate your post to 5 groups.
And if by chance you don't find what you're looking for, start a new group today!
Get your content in front of more eyes
Search by location or type
Feel free to start your own group
Find some that are close to home and close to heart
Each month AR runs numerous contests as a way for our members to engage in activities
that will boost their business and increase their visibility in the community and beyond.
Earn points by partaking in these contest and climb the leaderboard
Do what's good for you and your business by participating
If you have an idea for a contest, just let us know
Stay motivated and on track with new contests popping up each month
Ask a Real Estate Question
Here's another avenue for you to build relationships with others. Share your expertise with someone searching for answers.
Play the teacher role and help someone out today
Your Homepage will alert you of new questions in your state
A wonderful way to open a door to a possible new client
Ask a question yourself to get help
These state pages or hyper-local pages provide content directly related to a specific geographical location.
State, County, City and Neighborhood pages make it easy for consumers to find what they're looking for.
Post your listings, school information, local events, market reports and more
Consumers peruse these pages for information
Farm your niche market and cover all the happenings in your neighborhood
We are in interesting times. We are at a stage where something MUST be done in order to stabilize the financial markets. However, the current plan that is being debated really does not address the core issue. The sole factor to clearing up the credit markets is to STOP house prices from falling. When property values stabilize and start to rebound people can find more attractive options if they have a bad loan. If property values start increasing then the investor demand for MBS's (mortgage backed securities) will increase. That alone will help us to return to normalcy. Also, I don't think it is a bad thing that some of these financial firms go under due to the absolute lack of prudent underwriting standards. In fact, many banks deserve to choke on the loans they made because they simply never should have been made in the first place.
So, we have an alternative plan. Please let me know what you think about the following plan that was published in The Columbus Dispatch over the weekend before the Wall Street Bailout was voted down. If you agree with this please pass it on. If you disagree please voice your opinion.
Bottom line - we need a plan that helps communities accross the nation and not just two city blocks called Wall Street!
The Equitable Plan America's Only Alternative
A new RTC, (Resolution Trust Corporations) is formed immediately. The RTC starts buying all residential, owner occupied Real Estate listings in America where the seller is buying another house. The purchase price is for 98% of current list price, (no negotiations) on a date prior to the announcement of this plan, let's say, September 26, 2008. My estimate is that less than 2.0 million homes will need to be bought before the trickle up effect is overpowering to the economy and the government can step aside. There are currently 4.2 million homes listed for sale in America. An incredible amount of jobs will be created immediately to all real estate related and un-related industries, because money will be injected into all levels of the economy and in all geographical areas of the country. 2 million homes times an average list price of $170,000 equals only 341 Billion Dollars.
The plan is flawless. Banks will start receiving payoffs, with back interest, fees and in many cases delinquent loans will be paid off. New loans will be applied for and the system will start healing itself as these old loan securities start shrinking because of the payoffs. American homeowners will now be able to move and buy new homes and invest some of the sales proceeds into the stock market and other investments. Businesses will flourish in that new housing items will be needed for these newly purchased homes. The trickle up effect will be enormous. The system will be random in that only people that had their homes listed for sale will receive an offer. However, new sellers will be invited back into the housing market in that homes would now be selling in their neighborhoods so appraisal comparable sales will now be available.
A bottom will be placed in the housing market and that is the main problem to begin with. The only people unhappy with this plan will be Wall Street executives that were hoping to cash in on the Paulson Plan. They must now wait for the trickle up effect to get to them, (role reversal). You can't find a single reason not to initiate this plan. The RTC would start selling the inventory homes as soon as possible, but at controlled prices not inflated prices that caused the bubble in the first place.
It is hard to believe that it is that simple, but I have yet to find a person that can find any single legitimate reason not to go with this plan. There is no vagueness about it. It addresses all areas that are needed to be addressed immediately. Creation of Jobs, Housing Market is bottomed, Bank's bad loan portfolios are shrunk as the payoffs come in and will continue to shrink as one home sale must create, at minimum another home sale, but in many cases it will create two and three home sales.
The Equitable Plan will be administered by the Treasury and won't need but a few hundred people hired to oversee the plan, sign the purchase contracts and follow up on the home closings. More jobs will be created as local people in each housing market will be hired to care for and sell the inventory homes. We can now move forward and start addressing the current oil crisis that besets us all, of which we have a solution for that too.
Bruce A. Calabrese - President, Equitable Mortgage Corporation
This plan is put forward by Equitable Mortgage Corporation, 3530 Snouffer Road, Suite 100, Columbus, Ohio 43235. Phone: 800-424-1232.
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.