How to shop for the best Loan Officer! - 07/31/10 11:07 PM
I see so many customers go to Lending Tree to get a rate quote and "shop" for the best rate! After taking a few Lending Tree leads, I realized that the best way to get the customers to commit is to be the lowest rate. I hear the leads telling me that they have offers of 3.75% on a 30 year fixed from Loan Officers from other companies. I called our secondary market director and he said, "None of our investors are anywhere close to that rate!" Then I started to realize that whoever is the lowest rate gets the customer … (7 comments)
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Phoenix Property Shoppe - Peoria, Ariz. Residential Real Estate Market Report – July 1, 2010 to July 28, 2010 - 07/31/10 10:51 PM
Via Anna 'Banana' Kruchten, Phoenix Property Shoppe 602-380-4886:
Phoenix Property Shoppe - Peoria, Ariz. Residential Real Estate Market Report – July 1, 2010 to July 28, 2010
These are active listings, pending sales with contingencies, pending sales, and houses that have closed in Peoria, AZ.
The following table includes how many short sales & REOs made up the grand total of homes within the active, pending & closed categories for each price range.
Here is a typical home for sale in Peoria:
Asking price: $279,900 Subdivision: Silverton 2Built: 2001Size: 3,050 sqft., 5 BR, 3 BA
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Tips For SEO - 07/31/10 10:46 PM
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Arizona - Are We At The Bottom - See For Yourself - 07/31/10 10:39 PM
Via Ricky Khamis Arizona_Mortgage (Amerifirst Financial - Scottsdale Arizona Mortgage):
Arizona - Are We At The Bottom - See For Yourself - I am asked pretty much every day where our market is at, and when and IF we are at the bottom of the Real Estate Market.
See for yourself and make the determination.
I am a "Buy and Hold" type, but didn't start out that way. I analyze data and if I like the investment I buy it, period! I learned this from my short time as a Day Trader in late 1998 (during the .com BOOM and BURST).
… (3 comments)
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Strategic Default Vs. Strategic Short Sale And "Verifiable Hardships" - 07/31/10 10:24 AM
Via Robert G Hertzog (Summit Home Consultants):
Strategic Default Vs. Strategic Short Sale And "Verifiable Hardships"
The new "buzz phrase" in our industry is "Strategic Default".
Recently, University of Arizona professor Brent White wrote an article dealing with the issue "Strategic Defaults". In the article, he basically justified the idea of "walking away" from your mortgage, based on the fact that it was a "business decision" on the borrower's part, just as the bank made a "business decision" when they decided to loan the money for the residence.
60 Minutes even decided to run a story on "Strategic Defaults".
As much … (3 comments)
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Weekly Market Report - 07/30/10 12:13 PM
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Market Update 07/30/2010 - 07/30/10 10:40 AM
MBS prices are up +9/32 (FNMA 30-yr 4.0 at 102.18), which is about 20/32 higher than yesterday at this time. Favorable repricing was seen yesterday. The 30-yr fixed FNMA required net yield (60 day) is now at 4.02%, a new low, from 4.06% yesterday. Early investors may have priced at higher levels.
Slow economic growth has helped MBS markets and hurt the stock market this morning. Second quarter GDP increased at a 2.4% annual rate, very close to the consensus forecast of 2.5%. The data for the first quarter was revised higher to 3.7% from 2.7%. Excluding inventory … (0 comments)
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Market Update 07/29/2010 - 07/29/10 07:05 PM
MBS prices are up +4/32 (FNMA 30-yr 4.0 at 102.07), above 9:45 et pricing of -5/32. MBS prices reached a high of +8/32, and favorable repricing was seen. Jobless Claims came in close to expectations. Demand was weaker than average for the 7-yr Treasury auction. The bid-to-cover ratio was 2.78, and foreign investors purchased 42% of the total. The Dow is down 30 points. Tomorrow, GDP, Chicago PMI and Consumer Sentiment will be released.
The Fed's Bullard stated that he is worried about the risk of a deflationary period in the US similar to that of Japan. He … (0 comments)
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Market Update 07/28/2010 - 07/28/10 11:19 PM
MBS prices are up +8/32 (FNMA 30-yr 4.0 at 102.03), above 9:45 et pricing of +2/32, and at the high for the day. Strong Treasury auction results provided a boost to MBS markets. Durable Orders fell short of expectations. The Fed's Beige Book painted a picture of slow economic growth in most regions during June and the first half of July. Demand was very strong for the 5-yr Treasury auction. The bid-to-cover ratio was 3.06, and foreign investors purchased 47% of the total. The Dow is down 40 points. Tomorrow, Jobless Claims will be released at 8:30 et. The results from … (0 comments)
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Market Update 07/28/2010 - 07/28/10 12:19 PM
MBS prices are up +2/32 (FNMA 30-yr 4.0 at 101.29), which is about 4/32 higher than yesterday at this time. The 30-yr fixed FNMA required net yield (60 day) is now at 4.08%, from 4.11% yesterday.
June Durable Orders declined -1.0% from May, below the consensus forecast for an increase of 1.0%. Excluding the volatile transportation component, orders fell -0.6%. The Dow is down 25 points. The Fed's Beige Book will be released at 2:00 et. The results from the 5-yr Treasury auction will come out at 1:00 et.
The Mortgage Bankers Association weekly purchase … (0 comments)
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Market Update 07/27/2010 - 07/27/10 07:27 PM
MBS prices are up +1/32 (FNMA 30-yr 4.0 at 101.27), above 9:45 et pricing of -1/32. Favorable repricing was seen from early investors. Long-term Treasury markets sustained moderate losses today. Consumer Confidence fell to 50.4, below the consensus forecast of 51.0, and the lowest level since February. Concerns about the job market have hurt consumer confidence in recent months. The Obama administration announced today that it will provide a "comprehensive housing finance reform proposal" by January 2011. The future of Fannie Mae and Freddie Mac was not addressed in the Financial Regulations bill, and the January release date pushes the debate … (1 comments)
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Market Update 07/27/2010 - 07/27/10 10:20 AM
MBS prices are down -1/32 (FNMA 30-yr 4.0 at 101.25), which is about 1/32 lower than yesterday at this time. The 30-yr fixed FNMA required net yield (60 day) is now at 4.11%, from 4.10% yesterday. Early investors may have priced at lower levels.
MBS prices were at lower levels for most of the morning, before moving up to current levels. The May S&P/Case-Shiller 20-city home price index rose 1.3% from April and was 4.6% higher than one year ago. The homebuyer tax credit boosted the results. The Dow is up 25 points. Consumer Confidence will be released … (0 comments)
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IS THE ORIGINATION "POINT" DEDUCTABLE?? YES! The IRS says so! - 07/27/10 10:11 AM
Via Lenn Harley, Real Estate Broker, Virginia & Maryland (Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate):
IS THAT ORIGINATION POINT ON YOUR HUD-1 DEDUCTIBLE? READ THE IRS WEB SITE AND THE ANSWER IS PROBABLY YES, YES, YES.
YOU'D BE SURPRISED HOW EASY THE IRS WEB PAGE IS TO READ.
Agents and loan officers sometimes advise buyers and sellers about the deductablity of the certain items on the HUD-1.
For instance, home buyers often ask their real estate agent or loan officer questions about detectability of closing costs. Sellers ask too, but not as often. Buyers often depend on the detectability of … (3 comments)
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Beautiful North Peoria Townhome - 07/26/10 08:42 PM
Via Cathy Wilder (Award Realty):
This beautiful Vienna designer home is part of Montalbano's Collection at Travata! This Villa style home will be completed and ready for you to move in this fall. It features: upgraded black appliances; engineered stone countertops; recessed kitchen lighting; upgraded flooring; maple kitchen cabinets w/crown molding; laundry room cabinets; 9' ceilings on both floors; security system pre-wire; indoor speaker package pre-wire; 6-panel interior doors; and more!
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my presentation for NVAR: Social Media Connecting with Your Customers & Creating a Talkable Brand - 07/26/10 07:42 PM
Via Marie Still (MRIS):
Social MediaView more presentations from Marie Still. Feedback welcomed!Thanks for reading! Follow my full blog here, or connect with me on the rest of the interwebz here or here. Happy blogging!
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SOCIAL MEDIA MARKETING? 10 THINGS TO CONSIDER... - 07/26/10 07:41 PM
Via Dave Segrove (JDE LTD):
The term "social media" has become so widely used (and abused) that the meaning behind it has become rather generic. But remember that the "social" in "social media" should be just that. It suggests interaction and communication...TWO way. There are many many many people out there standing on their little platform shouting out their message and never listening. While this might work for celebrities, in my opinion it's probably a dubious marketing strategy. If you're going to use social media, then use it the way it was intended.
Understand the terms and tools. Facebook is what I … (0 comments)
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Market Update 07/26/2010 - 07/26/10 06:14 PM
MBS prices are up +3/32 (FNMA 30-yr 4.0 at 101.27), above 9:45 et pricing of +1/32. MBS prices moved in a wide range today. June New Home Sales rose 24% to an annual rate of 330K units from a record low level of 267K units in May. The consensus forecast was for 310K units. In May, new home sales reflected the end of the homebuyer tax credit. The Dow is up 100 points. Tomorrow, Consumer Confidence will be released at 10:00 et. The results from the 2-yr Treasury auction will come out at 1:00 et.
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Who Ya Gonna Call? A Look at Making a Referral - 07/26/10 10:11 AM
Via Jeff Dowler ~ Carlsbad Real Estate ~ 760-840-1360 (RE/MAX Moonlight Beach (CA DRE Lic. # 01490977)):
One of the wonderful things about the ActiveRain network is making friends around the country which becomes an amazing referral network, if you choose to take advantage of it.
I personally have two major referral networks which crossover - fellow CRS members (Certified Residential Specialists) I have gotten to know or seek out, and AR folks. Between the two I have great connections around the country in all the major cities and regions, and many smaller ones. My ideal? A CRS who is on … (0 comments)
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Air Quality! - 07/26/10 10:02 AM
Home Sick Home
How's the air at home? If you're like most people, your eyebrows raised and you find this to be an obscure question. But you might just want to take a little time to learn more about the air quality in your home. Besides, wouldn't you want to reduce the risk of allergic reactions, chronic bronchitis, nausea, headaches, fatigue and breathing problems, not to mention minimize the chance of slow or sudden toxic gas poisoning?
Visibly, your home may seem immaculate, but there are a number of sly culprits that contribute to indoor air pollution. And in newer, more … (0 comments)
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7179 W. Trails Dr. Glendale, AZ 85308 OPEN HOUSE July 24 & 25 - Phoenix Property Shoppe - 07/24/10 03:57 PM
Via Anna 'Banana' Kruchten, Phoenix Property Shoppe 602-380-4886:
7179 W. Trails Dr. Glendale, AZ 85308 OPEN HOUSE July 24 & 25 - Phoenix Property Shoppe
Come join Phoenix Property Shoppe's OPEN HOUSE for a beautiful Arrowhead Ranch home this weekend in Glendale, AZ.
Here you'll walk through this move-in ready, pristine home located in a lake subdivision. This two-story, 4-bedroom, 3-bath home with a private pool is perfect for anyone looking to own their own spacious, yet cozy home near excellent schools and parks with walking and bike paths.
Take a virtual, slideshow tour
Or, view the video … (0 comments)
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Market Ahead - 07/23/10 01:53 PM
The most important economic report next week will be Friday's release of Gross Domestic Product (GDP) for the second quarter. GDP is the broadest measure of economic activity. Before that, New Home Sales will come out on Monday. Durable Orders, another important indicator of economic activity, will be released on Wednesday, along with the Fed's Beige Book. The Chicago PMI national manufacturing index will come out on Friday. Consumer Confidence and Consumer Sentiment will round out the schedule. There will be Treasury auctions on Tuesday, Wednesday, and Thursday.
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Market Update for the week of 07/23/2010 - 07/23/10 01:52 PM
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Short Sales and Luxury Homes in Scottsdale and Phoenix Areas - 07/23/10 11:45 AM
Via Jennifer Wehner (Prudential American Associates):
Short sales are becoming an increasingly larger portion of the market here in the Scottsdale and Phoenix areas, with short sale closings accounting for 21% of all closings in April of 2010-up from 9% in April of last year. There were 34 successful short sales closed this April with price ranges from $600,000-1.65m. There is a clear trend that more luxury homes are entering the distressed market.
The Scottsdale and Phoenix Luxury home market has been affected by rising interest rates on jumbo loans, limited loan availability, and increasingly strict requirements in qualifying for loans. According … (0 comments)
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Market Update 07/23/2010 - 07/23/10 11:41 AM
MBS prices are up +5/32 (FNMA 30-yr 4.0 at 102.00), which is about 2/32 lower than yesterday at this time, and is up from an early low of -6/32. The 30-yr fixed FNMA required net yield (60 day) is now at 4.10%, from 4.06% yesterday. Early investors may have priced at much lower levels.
With little other news, investors are watching for the results from the "stress tests", which are intended to help determine the health of European banks. MBS markets jumped this morning when investors shifted their expectations for what the stress tests will reveal. Separately, lawmakers … (0 comments)
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HUD wants to prevent vetrans becoming homeless! - 07/22/10 09:42 PM
HUD AND VA LAUNCH $15 MILLION DEMONSTRATION PROGRAM TO PREVENT VETERAN HOMELESSNESSSan Diego one of five communities nationwide awarded $3 million
WASHINGTON - In an effort to prevent homelessness among veterans, primarily those returning from the wars in Afghanistan and Iraq, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced that both agencies will invest a combined $3 million for San Diego because of its proximity to Camp Pendleton. Nationwide, $15 million is being awarded to five selected communities near military installations. The HUD and VA grant funding is intended to … (0 comments)
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Trilogy at Vistancia 2 Bedroom 2.5 Bath in Peoria Arizona - 07/22/10 09:32 PM
Via Ricky Khamis Arizona_Mortgage (Amerifirst Financial - Scottsdale Arizona Mortgage):
Trilogy at Vistancia 2 Bedroom 2.5 Bath in Peoria Arizona is a place where you can enjoy life. There are so many things to do every day in Trilogy at Vistancia in Peoria Arizona. You can tell that the people who live at Trilogy at Vistancia in Peoria Arizona really care about the place they live by the way they manicure their yards and keep a clean neighborhood. If you're looking to buy a 2nd home, a vacation home or retire for good then take a look at this 2 Bedroom 2.5 … (0 comments)
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ActiveRain Launches Outside Blogs - How Do You Get Yours? - 07/22/10 09:28 PM
Via Brad Andersohn ~ Community Manager (ActiveRain):
Google offers Blogs, Yahoo offers Blogs, and now ActiveRain offers RE Blogs!! I am so excited that I get to announce this! ActiveRain is pulling all the stops and releasing the "BIG" storm today. It's been a long time coming, and now it's finally here! STOP HERE!
UPDATE 4/10/2009 - Please see this new post for details regarding the NEW OUTSIDE Blogs offerred on ActiveRain. How to Create and Maximize your AR Outside Blogs and 5 Tips For Your Outside Blogs.ActiveRain "Outside Blogs" are launched today. You're going to love the ability to create one … (1 comments)
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Whitney Tilson 60 Minutes - 07/22/10 09:28 PM
(CBS) When it comes to bailouts of American business, Barney Frank and the Congress may be just getting started. Nearly two trillion tax dollars have been shoveled into the hole that Wall Street dug and people wonder where the bottom is.As correspondent Scott Pelley reports, it turns out the abyss is deeper than most people think because there is a second mortgage shock heading for the economy. In the executive suites of Wall Street and Washington, you're beginning to hear alarm about a new wave of mortgages with strange names that are about to become all too familiar. If you thought … (0 comments)
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Market Update 07/22/2010 - 07/22/10 05:03 PM
MBS prices are down -5/32 (FNMA 30-yr 4.0 at 101.29), below 9:45 et pricing of unchanged, and at the low for the day. MBS prices moved in a wide range today. A stock market rally hurt MBS markets. Fed Chief Bernanke's second day of testimony was very similar to yesterday's. The Treasury will auction $104B in 2-yr, 5-yr, and 7-yr securities next week. The Dow is up 200 points. No economic data will be released tomorrow.
June Existing Home Sales declined 5% from May to an annual rate of 5.37M units, which was above the consensus forecast of … (0 comments)
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Phoenix Property Shoppe: Arrowhead Ranch New Listing - Gorgeous! - 07/22/10 12:56 PM
Via Anna 'Banana' Kruchten, Phoenix Property Shoppe 602-380-4886:
Phoenix Property Shoppe: Arrowhead Ranch New Listing - Gorgeous!
7179 West Trails Drive, Glendale AZ 85308
If you’re living in Metropolitan Phoenix or are looking to live in the Valley, and you’re looking for the perfect home tucked away in a quiet neighborhood in Glendale, Arizona that prides itself in its enchanting landscapes and excellent education, then look no further. In the Arrowhead Ranch community, you’ll fit right in while living in this gorgeous, spacious, 2-story home.
Close to schools in the Deer Valley Unified District & located around the corner from parks where … (0 comments)
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Market Update 07/22/2010 - 07/22/10 12:52 PM
MBS prices are unchanged (FNMA 30-yr 4.0 at 102.02), which is about 14/32 higher than yesterday at this time. Favorable repricing took place yesterday. The 30-yr fixed FNMA required net yield (60 day) is now at 4.06%, from 4.09% yesterday. Early investors may have priced at lower levels.
A stock market rally has had little impact on MBS prices this morning. Weekly Jobless Claims rose to 464K, above the consensus forecast of 450K, and the four-week average increase to 456K. The Dow is up 150 points. Existing Home Sales and Leading Indicators will be released at 10:00 et. … (0 comments)
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How to Create a Blog Post for Customers and Search Engines - 07/21/10 08:56 PM
Via Brad Andersohn ~ Community Manager (ActiveRain):
How to Create a Blog Post for Customers and Search Engines. There are three important audiences to be writing for: 1. Other members and friends of your Social Networks. 2. Consumers, Subscribers, and a Target Audience of readers. 3. Search Engines. I'm sure this is preaching to the choir, but this is important information to be shared if you want to get maximum exposure and results from your Blog posts with consumers, visitors, and with Google. Google Juice? I'll drink to that! :-)
Blogging for Customers and Search Engines correctly is a key component … (3 comments)
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How To Get Started on ActiveRain - 07/21/10 08:55 PM
Via ActiveRain Corp.:
How To Get Started on ActiveRain - A quick route to a successful Journey on ActiveRain.
The ActiveRain Staff, along with our members and ambassadors, wish to welcome you to the community. We know you have a choice, and we're glad you've chosen our network as a place to connect with others, support your local neighborhoods and communities, plus grow your business and relationships. Before you begin your journey here, there's a few areas we invite you to navigate first. This will save you time and give you a better understanding of the Network. We're confident that our site … (1 comments)
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Wells Fargo Wants Fiduciary Duty From Agents? - 07/21/10 08:52 PM
Via Val Vista Lakes Gilbert Homes for Sale Bill Travis (Remax Homes & Investments):
Wells Fargo Wants Fiduciary Duty From Agents?
Attorney Ron Ballard wrote an article discussing a Wells Fargo Listing Addendum with this language:
“It is the listing agent’s fiduciary responsibility to present the highest and best offer to the servicer.”
I question whether this language would hold up in court.
The lender is the beneficiary and cannot sign a purchase contract. Only the mortgagor can sign a contract to sell. The contract, when signed by buyer and seller, is contingent upon lender accepting the … (1 comments)
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Clearview Estates Peoria Arizona Homes For Sale - Homes For Sale in Clearview Estates Peoria AZ Real Estate - 07/21/10 08:52 PM
Via Carla Morin (Solutions Real Estate):
Clearview Estates Peoria Arizona Homes For Sale - Homes For Sale in Clearview Estates Peoria AZ Real Estate
If you're looking for a great place to live in a highly rated school district look no farther than Clearview Estates in Peoria Arizona. The Clearview Estates Peoria AZ area also offers fantastic parks, dozens or restaurants, tons of shopping and a variety of entertainment options, including Lake Pleasant and the Peoria Sports Complex all close by. Whether you're looking for a One or Two Story Clearview Estates Peoria AZ Home, you'll find it at www.Carla4RealEstate.com.
If you'd … (1 comments)
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Financial Reform - 07/21/10 08:51 PM
Remember, big banks took big risks, straying from the primary role of lending money. They dove into risky trading, relying on mortgages that became worthless. Lending froze and taxpayers got stuck funding a $700 billion dollar bailout. Now, bank investments will be more regulated. Banks will be barred from so-called "speculative trades". Then there are the non-banks: financial firms that the government also deemed too big to fail. Taxpayers had to bail out AIG and others after they too, got stuck with toxic assets. Now, new procedures can safely shut them down rather than bail them out. "There will be no … (0 comments)
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Market Update 07/21/2010 - 07/21/10 07:53 PM
MBS prices are up +16/32 (FNMA 30-yr 4.0 at 102.04), above 9:45 et pricing of unchanged, and at the high for the day. Favorable repricing took place. Bernanke's comments (see below) indicated no near term Fed actions to provide additional economic stimulus, which produced a rally in MBS markets and a decline in the stock market. No economic data was released today. President Obama signed the comprehensive Dodd-Frank financial reform bill into law. The Dow is down 110 points. Tomorrow, Existing Home Sales, Jobless Claims, and Leading Indicators will be released. Fed Chief Bernanke will deliver the second day of semi-annual … (0 comments)
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Are you a Problem Solver or a Solution Seeker? - 07/20/10 11:04 AM
Via Anna 'Banana' Kruchten, Phoenix Property Shoppe 602-380-4886:
Are you a Problem Solver or a Solution Seeker?
Seriously, what do you focus on? Do you focus on the problem or do you focus on the solution? There is a big difference between these seemingly similar approaches. Here's my take....
Let's say the home inspection didn't come out quite like your seller/buyer wanted it to. Some agents get their shorts in a bunch and 'blame' the clueless inspector as if they're the problem and other agents get busy finding solutions to what needs to be fixed and working with the home buyer/seller.
Which agent … (0 comments)
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Market Update 07/20/2010 - 07/20/10 11:03 AM
MBS prices are up +4/32 (FNMA 30-yr 4.0 at 101.24), which is about 1/32 lower than yesterday at this time. Unfavorable repricing took place yesterday. The 30-yr fixed FNMA required net yield (60 day) is now at 4.09%, from 4.06% yesterday.
Weaker than expected housing data helped MBS markets this morning. June Housing Starts fell 5% from May to an annual rate of 549K units, below the consensus forecast of 575K, and the lowest level since October. On a more positive note, Building Permits, a leading indicator, rose 2%. The Dow is down 100 points. No more economic … (0 comments)
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6 Bedroom, 3 Bathroom Home in Peoria, Arizona- Terramar - 07/19/10 11:43 PM
Via Shawn Krill (American Realty Professionals, Inc.):
6 Bedroom, 3 Bathroom Home in Peoria, Arizona- Terramar
HERE ARE SOME OTHER GREAT LINKS TO CHECK OUT
Search the MLS for the perfect property.
For a free no obligation real estate report click here.
For School Information near your home click here.
For community information near your home click here.
… (0 comments)
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Market Update 07/20/2010 - 07/19/10 04:12 PM
MBS prices are down -9/32 (FNMA 30-yr 4.0 at 101.19), below 9:45 et pricing of -3/32, and at the low for the day. Unfavorable repricing took place. Once again, the stock market and MBS markets moved in opposite directions. The July NAHB Home Builder Confidence index fell to the lowest level since April 2009, due to uncertainty about the economy and the end of the homebuyer tax credit. The Dow is up 60 points. Tomorrow, Housing Starts will be released at 8:30 et.
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Northwest Phoenix home for sale in Cobblestone Village - 07/19/10 12:23 AM
Via Mark Hatton:
View Larger Map … (2 comments)
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Home for Sale in Vistancia in Peoria, AZ - 07/19/10 12:15 AM
Via Susan Lehmkuhl (New Venture Realty, LLC):
I have a home for sale in Vistancia in Peoria AZ. This home has 4 bedrooms and 2.5 baths. This home for sale in Vistancia in Peoria AZ has a loft and vaulted ceilings. If you're looking for a home for sale in Vistancia in Peoria AZ with a backyard waiting for your design touches this is the house for your. This home for sale in Vistancia in Peoria, AZ is bank around Peoria AZ and want a home for sale in Vistancia in Peoria, AZ, Call me!
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Learning the importance of social media - 07/18/10 04:42 PM
Via Tara Campbell Broker/Owner, GRI, CDPE (RE/MAX Family):
I attended a webinar today on Social Media Networking that Howard Brinton's Star Power systems hosted and I think I am actually learning something! Now if I would've attended this webinar say about a month ago...I wouldve been totally lost! It is so true that educating yourself with the latest and greatest improves your business! I have spent many countless hours in front of the internet learning about social media. Just tonight I have been staring at this thing for about 2 hours trying to figure out widgets!
My good friend Kristin Moran opened my … (3 comments)
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Market Ahead - 07/18/10 12:23 PM
MBS prices are up +4/32 (FNMA 30-yr 4.0 at 101.27), above 9:45 et pricing of unchanged. It was a volatile session, and MBS prices reached a high of +11/32 around 12:00 et. A big decline in stocks provided only a small boost to MBS markets. Core CPI inflation was slightly higher than expected. Consumer Sentiment dropped to 66.5, far below the consensus of 74.0. The Dow is down 260 points. For the week, MBS prices rose about +12/32.
A light Economic Calendar next week will focus mainly on Housing data. Housing Starts will be released on Tuesday. Existing … (0 comments)
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Home for sale in Sun City Festival Active Adult Community - 07/18/10 11:44 AM
Via Susan Lehmkuhl (New Venture Realty, LLC):
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A caution to REO purchasers. The addenda always control the agreement. - 07/18/10 11:44 AM
Via Richard Weisser Coweta Fayette Real Estate:
The scenario is played over and over across the land as bargain-seeking homebuyers attempt to purchase a foreclosed property. A real estate agent constructs an offer for the home, and the offer is “acknowledged!”
But first there are a “few” addenda that must be signed before the deal is done. And while it may be true that the seller will only convey the property under their terms, buyers need to understand the absolute fact that the addenda CONTROL the agreement.
And these addenda are so comprehensive that in most cases, they override almost all … (1 comments)
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July 1st, 2010 Loan Officers are required to have a license! - 07/17/10 05:13 PM
As of July 1st, 2010, in order to talk to anybody about mortgage rates, fees, or terms for compensation, one must be licensed to do so. Everybody in our industry has known for at least a year that this date was coming. I did everything in the timely manner that AZDFI gave us and my license was issued March 22nd, 2010. And that was slacking! Currently, AZDFI is backed up issuing licenses to loan officers that didn't take their career very seriously. This could cause you to miss a COE, and be embarressed that you referred your loan to an unlicensed … (0 comments)
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Understanding Short Sales & REO's - 07/17/10 05:00 PM
We just wanted to let you know about our latest upcoming CE class. These classes fill up quickly, so be sure to RSVP right away! Feel free to forward this email along to invite a friend or colleague as well.
Thanks!
Continuing Education Credit hours offered by Performance School of Real Estate
8476 W Thunderbird Rd #202 • Peoria, AZ 85381
AZRE License #S05-0009 • 623-505-5380
You may also send change requests to: Tim George - AmeriFirst Financial, Inc. - 15551 N Pima Rd, Ste 110 - Scottsdale, AZ 85260 BK# 0013635
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New domain names for SEO: - 07/17/10 01:45 PM
I was told by my marketing guy that the more domains that I own that point to my website, the better off I was getting it SEO'd. Is this true? If so, how many should I own? These are the ones I currently own:
HTTP://WWW.ARIZONAREALESTATESHOP.COMHTTP://WWW.MYARIZONAMORTGAGE.COMHTTP://WWW.ARIZONA-REALESTATE-DOCTOR.COMHTTP://WWW.ARIZONA-REALESTATE-GUIDE.COMHTTP://WWW.PEORIAMORTGAGEAZ.COMHTTP://WWW.PEORIAREALESTATESITE.COM
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CE Credit class in Arizona FREE! - 07/17/10 01:37 PM
We just wanted to let you know about our latest upcoming CE class. These classes fill up quickly, so be sure to RSVP right away! Feel free to forward this email along to invite a friend or colleague as well.
Thanks!
Continuing Education Credit hours offered by Academy School of Real Estate
8476 W Thunderbird Rd # 202 • Peoria, AZ 85381
AZRE License #S05-0009 • 623-505-5380
To unsubscribe, please reply to this email with the word UNSUBSCRIBE in the subject line. To update your information please reply to this email with the word UPDATE in the subject line. Please allow … (1 comments)
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CE Credit class in Arizona FREE! - 07/17/10 01:28 PM
We just wanted to let you know about our latest upcoming CE class. These classes fill up quickly, so be sure to RSVP right away! Feel free to forward this email along to invite a friend or colleague as well.
Thanks!
Understanding FICO Scoring
& Managing Credit
This class will cover:
Overview of Credit Market & Structure of Credit Reporting Agencies (CRA's) What makes up a good FICO Score How to use and understand the Fair Credit Reporting Act New Developments in Credit Markets and FICO Scoring How lenders apply the FICO Model for both FHA and Conventional … (0 comments)
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How to Recognize a Mortgage Scam...You might be a victim of a scam - 07/17/10 10:36 AM
Via Indera Coggins (Re/Max 100):
You might be a victim of a scam if:
You are told you will get a federal incentive to walk away from your mortgage You are asked to pay upfront for counseling You are pressured to sign papers immediately You are asked to sign your house over to a company or person who is not working with your mortgage company You are asked to make a mortgage payment to someone other than your mortgage company without their approval You are guaranteed a successful short sale or mortgage modification They claim to be a representative of the federal … (0 comments)
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Sneaky Listing Postcard :) - 07/16/10 10:49 PM
Via Dean Jackson helps Realtors make more money! (MarketingMonday.com - Weekly Real Estate Marketing Podcast ):
… (3 comments)
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Home for Sale in Trilogy at Vistancia with pool - 07/16/10 10:47 PM
Via Susan Lehmkuhl (New Venture Realty, LLC):
I have a home for sale in Trilogy at Vistancia with pool. This home has 2 bedrooms and 2 baths with private pool. This home for sale in Trilogy at Vistancia with pool has lots of interior upgrades. If your looking for a home for sale in Trilogy at Vistancia with a pool that has a great backyard where you can sit and watch the sun set from your backyard paradise, this is the home for you. If your driving around and you want a home for sale in Trilogy at Vistancia with a … (1 comments)
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Market Update 07/17/2010 - 07/16/10 07:14 PM
MBS prices are up +4/32 (FNMA 30-yr 4.0 at 101.27), above 9:45 et pricing of unchanged. It was a volatile session, and MBS prices reached a high of +11/32 around 12:00 et. A big decline in stocks provided only a small boost to MBS markets. Core CPI inflation was slightly higher than expected. Consumer Sentiment dropped to 66.5, far below the consensus of 74.0. The Dow is down 260 points. For the week, MBS prices rose about +12/32.
A light Economic Calendar next week will focus mainly on Housing data. Housing Starts will be released on Tuesday. Existing … (0 comments)
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Market Update 07/17/2010 - 07/16/10 04:53 PM
MBS prices are up +4/32 (FNMA 30-yr 4.0 at 101.27), above 9:45 et pricing of unchanged. It was a volatile session, and MBS prices reached a high of +11/32 around 12:00 et. A big decline in stocks provided only a small boost to MBS markets. Core CPI inflation was slightly higher than expected. Consumer Sentiment dropped to 66.5, far below the consensus of 74.0. The Dow is down 260 points. For the week, MBS prices rose about +12/32.
A light Economic Calendar next week will focus mainly on Housing data. Housing Starts will be released on Tuesday. Existing … (0 comments)
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Facebook and Active Rain. It's 'The Bomb'!!!! - 07/16/10 03:45 PM
Via Lynda Hester (Prudential Georgia Realty - Rabun County, Ga.):
2009 is the year of Internet networking.
Until recently I had no real presence on Active Rain and must admit, I thought FaceBook was only for teenagers.
Wow! Was I wrong!!!!!!!
During the past three weeks, I have made contact with real estate professionals all over the world through Active Rain.
In only one week on FaceBook, I have been able to connect with 130 'friends'. Some are from childhood, some from college. Most are professionals who are valuable networking sources.
It seems to be more difficult for us babyboomers to put … (3 comments)
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Weekly Market Update July 16th, 2010 - 07/16/10 12:18 PM
Slow Growth, Low Rates Weaker than expected economic data and continued low inflation helped mortgage rates move a little lower from last week. In recent weeks, investors have modified their consensus outlook to reflect weaker economic growth during the second half of the year. The manufacturing and retail sales data released during the week reinforced this view. Lending further support, the Fed revised its forecast for 2010 economic growth lower as well. Meanwhile, this week's CPI and PPI data continued to show that inflation is not a concern in the short term. Uncertainty about the pace of the economic recovery has … (0 comments)
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Zip Code 85383: Market Snapshot in Peoria Arizona - 07/16/10 11:50 AM
Very good to know.
Via Bryan Watkins (LRA Real Estate Group):
Zip Code 85383: Market Snapshot in Peoria ArizonaSingle Family Homes June 2010
Wondering about homes in this Zip Code? We have prepared a snapshot for you. How is the best way to find your next home? Call an expert to locate just the right one for you and your family.
ZIP code 85383 comprises a large area of North Peoria. It mainly lies between Deer Valley Road in the south and Lake Pleasant in the north. All the boundaries are complex, being formed by water courses for much of the … (0 comments)
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How to Pick Keywords So That Your Clients Can Find You - Day 3 Module1 30 Day Challenge - 07/16/10 11:39 AM
Via Kate Bourland Empowering America to Live Debt Free (Financial Solutions Inc.):
Today's lesson in the 30 Day Challenge is designed to give you an understanding of keyword traffic and competition. When writing blogs or content for any website, and especially when spending money on pay per click campaigns, it makes no sense to target keywords that have no demand or that won't drive traffic to your website or blog. If you are blogging to generate leads or increase your brand, it's likely that you want the biggest return for the time and/or money spent. Spending the time researching what your niche … (2 comments)
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Market Update 07/16/2010 - 07/16/10 10:22 AM
June CPI inflation declined -0.1% from May, matching expectations, and rose at a low 1.1% annual rate. Core CPI, which excludes food and energy, rose 0.2%, slightly higher than expected, and was 0.9% higher than one year ago. This month's data again showed that inflation is not a concern right now. The Dow is down 100 points. Consumer Sentiment will be released at 10:00 et.
Congress passed the comprehensive Financial Regulations bill and President Obama will sign it into law soon. The bill provides a framework for oversight of the financial services industry. The next step is for … (0 comments)
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Scottsdale Homes for Sale: Dc Ranch - 07/15/10 10:17 PM
Via Judi Boad (Accurate Realty Group - Keller Williams ):
North Scottsdale has many luxury golf communities attracting discerning buyers with extreme views and amenities at record low prices. If you are looking for a luxury home, why not look at homes in Dc Ranch?
You will find every type of dwelling, from luxury condos and townhomes to custom built masterpieces with city light and mountain views. Resort lifestyle comes with the purchase of a home in Dc Ranch, this community offers golf membership to residents that includes all the amenities you would expect from a top Club and course. Tennis courts, lap pool, … (2 comments)
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Approved Short Sale! Quick close! - 07/15/10 10:16 PM
http://www.visualshows.com/demo_show.php?show_id=92918&user_id=3158&set=1&m=1
… (0 comments)
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Market Update 07/15/2010 - 07/15/10 10:14 PM
A burst of economic data lifted MBS markets this morning. June PPI inflation declined -0.5% from May, more than the consensus of -0.1%. Core PPI, which excluded food and energy, rose 0.1%, as expected. June Industrial Production also matched expectations with an increase of 0.1%. The biggest surprise came from the Empire State regional manufacturing index, which fell to 5.1, far below the consensus forecast of 18.5. Finally, weekly Jobless Claims dropped to 429K, compared to the consensus of 450K, to the lowest level since August 2008, and the 4-week average declined to 455K. Continuing Jobless Claims jumped sharply, however, from … (1 comments)
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The Handshake * I am bringing it BACK into my Business Relationships - 07/15/10 07:57 AM
Via Wallace S. Gibson CPM * GRI (Gibson Management Group, Ltd.):
I know the handshake has been around for thousands of years according to Wikipedia; however, since the whole flue/influenza brouhaha has brought hand sanitizers to prominence, I have curtailed offering my French manicured fingers to be clasped in greeting. Beginning in June, I began a concentrated effort to shake hands with new client owner prospects AND when meeting rental prospects for the first time. I am offering my hand first and most just take it and allow me to shake their hands. Nobody has looked for a sanitizer bottle … (1 comments)
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Market Update 07/14/2010 - 07/15/10 07:56 AM
MBS prices are up +14/32 (FNMA 30-yr 4.0 at 101.12), above 9:45 et pricing of +9/32, and at the high for the day. In a very volatile session, a lower Fed forecast for economic growth (see below) boosted MBS markets late in the day. Retail Sales were slightly weaker than expected. Demand was a little stronger than average for the 30-yr Treasury auction. The bid-to-cover ratio was 2.89, and foreign investors purchased 37% of the total. The Dow is up 5 points. Tomorrow, Jobless Claims, PPI, Industrial Production, Empire State, and Philly Fed will be released.
The FOMC … (0 comments)
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Market Update 07/14/2010 - 07/14/10 09:32 PM
MBS prices are up +14/32 (FNMA 30-yr 4.0 at 101.12), above 9:45 et pricing of +9/32, and at the high for the day. In a very volatile session, a lower Fed forecast for economic growth (see below) boosted MBS markets late in the day. Retail Sales were slightly weaker than expected. Demand was a little stronger than average for the 30-yr Treasury auction. The bid-to-cover ratio was 2.89, and foreign investors purchased 37% of the total. The Dow is up 5 points. Tomorrow, Jobless Claims, PPI, Industrial Production, Empire State, and Philly Fed will be released.
The FOMC … (0 comments)
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Market Update 07/14/2010 - 07/14/10 11:17 AM
MBS prices are up +9/32 (FNMA 30-yr 4.0 at 101.07), which is about 3/32 higher than yesterday at this time. The 30-yr fixed FNMA required net yield (60 day) is now at 4.21% from 4.16% yesterday. Early investors may have priced at lower levels.
June Retail Sales declined -0.5% from May, which was a little weaker than expected. Retail Sales ex-autos fell -0.1%, matching the consensus forecast. June Import Prices ex-oil fell -0.6%. Worried that the recent stock market rally may have peaked, investors have moved funds into MBS and Treasury markets this morning. The Dow is down … (0 comments)
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It Is Not a Buyer's Market - 07/14/10 09:21 AM
Via Paul Slaybaugh, Scottsdale AZ Real Estate (Realty Executives):
The current market does not favor buyers. I repeat, the current market does not favor buyers.
Allow me to explain. For months, if not years, you have been told that the glut of housing inventory makes for a buyer’s market of epic proportions. Why, the ancient Greeks themselves would write songs about the opportunities that abound for any would-be hero with a hankering for a house. The only problem with this suggestion? It’s just not true.
What is a buyer’s market? Most would define it as a preponderance of available supply … (0 comments)
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Interesting Info About You On My Facebook Page - 07/13/10 11:26 PM
Via DebOnTheWeb - Deb Agliano - Medford, MA Real Estate (ERA Andrew Realty):
It's exciting when something we post on Facebook goes viral and that's what makes this lastest Facebook scam so tempting to click. The email looks like it comes from Facebook and who wouldn't want to see info about ourselves on someone else's page?
Hover your mouse over any of the links in the email and you'll see that if you click, you'll be taken to a phishing site and not to Facebook.
TIP: Rather than clicking on links in an email, log directly into your Facebook account. … (3 comments)
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Send the Clean-Up Crews Home (WARNING! Non-PC Post About the Oil Spill!) - 07/13/10 11:25 PM
Via Jennifer Allan, Author of Sell with Soul (Sell with Soul):
There's a thought that's been rolling around in my head the last few weeks. And I am going to proclaim right here, right now, on July 12, 2010, that I believe this thought will be the prevailing opinion soon, although many probably won't agree with me today.
What's my thought? Thanks for asking, I'll tell you.
I think we should stop cleaning up the beaches. Send the clean-up crews home. Let the oil pile up, if that's indeed what it does, and let Mother Nature do her thing.
WHAT?????
See, here's … (0 comments)
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Here are all of the classes that I teach - 07/13/10 11:02 PM
Legend of Classes Available-All classes 3 hours Credit
•I. Understanding Short Sales and REO's in Today's Market - General RE Credit
In this class, students are taught the latest information and best practices on this ever changing and important aspect of our industry.
You'll learn:
•· Where we are and where we are going
•· Overcoming challenges
•· What qualifies a property for a short sale
•· Options for the Seller
•· 5 stages of the short sale process
•· Best Practices and techniques for closing a high percentage of transactions
•· Seven Secrets to Closing Successful Short Sales
•· … (0 comments)
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Things to do and Places to visit in Sullivan County New Hampshire-Open House Claremont,NH - 07/13/10 11:00 PM
Via Baker Home Energy Audit and Commercial Properties Inspections-Dale Baker (Baker Home Energy Audit & Commercial Properties Inspections ):
Things to do and Places to visit in Sullivan County New Hampshire-Open House Claremont,NH the PathWays of the River Valley will be hosting an open house at their new area office, located at 2 Tremont Street in Claremont, New Hampshire. The PathWays open house, take place on Tuesday the 13th of July 2010. The open house hours will be from 3:30 P.M. to 5:30 P.M. For reservations call 603-542-8706 The PathWays of the River Vallet area, is a community-based non-profit agency that helps … (0 comments)
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Things to do and Places to visit in Sullivan County New Hampshire-Open House Claremont,NH - 07/13/10 11:00 PM
Via Baker Home Energy Audit and Commercial Properties Inspections-Dale Baker (Baker Home Energy Audit & Commercial Properties Inspections ):
Things to do and Places to visit in Sullivan County New Hampshire-Open House Claremont,NH the PathWays of the River Valley will be hosting an open house at their new area office, located at 2 Tremont Street in Claremont, New Hampshire. The PathWays open house, take place on Tuesday the 13th of July 2010. The open house hours will be from 3:30 P.M. to 5:30 P.M. For reservations call 603-542-8706 The PathWays of the River Vallet area, is a community-based non-profit agency that helps … (0 comments)
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Things to do and Places to visit in Sullivan County New Hampshire-Open House Claremont,NH - 07/13/10 11:00 PM
Via Baker Home Energy Audit and Commercial Properties Inspections-Dale Baker (Baker Home Energy Audit & Commercial Properties Inspections ):
Things to do and Places to visit in Sullivan County New Hampshire-Open House Claremont,NH the PathWays of the River Valley will be hosting an open house at their new area office, located at 2 Tremont Street in Claremont, New Hampshire. The PathWays open house, take place on Tuesday the 13th of July 2010. The open house hours will be from 3:30 P.M. to 5:30 P.M. For reservations call 603-542-8706 The PathWays of the River Vallet area, is a community-based non-profit agency that helps … (0 comments)
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Zip Code 85379: Market Snapshot in Surprise Arizona - 07/13/10 10:57 PM
Via Bryan Watkins (LRA Real Estate Group):
Zip Code 85379: Market Snapshot in Surprise ArizonaSingle Family Homes June 2010
Wondering about homes in this Zip Code? We have prepared a snapshot for you. How is the best way to find your next home? Call an expert to locate just the right one for you and your family.
ZIP code 85379 is a 14 square mile area of South Surprise. It lies between Peoria Avenue in the south and Greenway Road in the north. The western boundary runs along Cotton Lane and the Loop 303, while the eastern boundary runs along … (3 comments)
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Green Mortgage - 07/13/10 10:44 PM
What is an Energy Efficient Mortgage?
An Energy Efficient Mortgage (EEM) is a mortgage that credits a home's energy efficiency in the mortgage itself. EEMs give borrowers the opportunity to finance cost-effective, energy-saving measures as part of a single mortgage and stretch debt-to-income qualifying ratios on loans thereby allowing borrowers to qualify for a larger loan amount and a better, more energy-efficient home.
To get an EEM a borrower typically has to have a home energy rater conduct a home energy rating before financing is approved. This rating verifies for the lender that the home is energy-efficient.
EEMs are typically used … (0 comments)
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Market Update 7/9/2010 - 07/13/10 10:39 PM
… (0 comments)
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Understanding FICO Scoring and Managing Credit - 07/13/10 10:36 PM
Understanding FICO Scoring
& Managing Credit
This class will cover:
Overview of Credit Market & Structure of Credit Reporting Agencies (CRA's) What makes up a good FICO Score How to use and understand the Fair Credit Reporting Act New Developments in Credit Markets and FICO Scoring How lenders apply the FICO Model for both FHA and Conventional loans Factors that affect a FICO Score And Much, Much More!
Wednesday July 21st 2010
1:00pm to 4:00pm
11811 N Tatum Blvd Ste 1075
Phoenix, AZ 85028
RSVP to Tim
with your name, company, phone and email
tgeorge@amerifirst.us
… (0 comments)
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FHA/VA for Realtors; What You Must Know! - 07/13/10 10:25 PM
FHA/VA for Realtors; What You Must Know!
•· History of FHA
•· Dispelling FHA Myths
•· Advantages of FHA over conventional
•· The Uniqueness of the Credit Approval
•· Understanding Government insured Mortgage Insurance
•· Appraisal Concerns you Should Know About
•· Down payment sources, gift funds
•· Condominiums
•· Streamlined Refinancing
•· 203k Streamlined and Standard
•· VA loans
Current events, changes and updates
This class will cover:
Wednesday July 14th 2010
1:00pm to 4:00pm
John Hall & Associates Training Room
11211 N Tatum Blvd #200
Phoenix, AZ 85028
RSVP to Tim
with your name, … (0 comments)
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CE credits for Realtors - 07/12/10 11:49 PM
Via Joey Fontenot (Amerifirst Financial Inc):
Arizona Only
I wanted to share a list of the classes that we are providing to our Realtor Partners at no charge. If you see any class that you are interested in taking, let me know and I will put you in contact with someone who is teaching an upcoming class. These classes are currently being offered by us in Arizona only.
Legend of Classes Available-All classes 3 hours Credit:
Understanding Short Sales and REO's in Today's Market - General RE Credit
In this class, students are taught the latest information and best … (2 comments)
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West Valley home for sale Subdivision Los Vinerros - 07/12/10 11:37 PM
Via Joey Fontenot (Amerifirst Financial Inc):
This is a West Valley home near Thunderbird and my Buyer walked, have Inspection done and Termite done. Great opportunity to own a West Valley home near Thunderbird. Super floor plan, Master has large walk-in closet & large bathroom w/double sink, Great room w/vaulted ceilings Spacious formal dining area Good size kitchen with lots of countertops & inside laundry room w/pantry area - three bedrooms on other side with two bathrooms, covered patio, good size yard, great family home well priced and a great chance to own a west valley home near Thunderbird. West Valley … (0 comments)
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Home for sale in Peoria - 07/12/10 11:36 PM
Via Joey Fontenot (Amerifirst Financial Inc):
I have a home for sale in Peoria under $600,00 and it is a perfect family home. This home for sale in Peoria under $600,000 is not a short sale, and not a distressed property. This is a quality home, its also an owner agents home, everthing is upgraded and perfect. This home for sale in Peoria under $600,000 sits on an oversized cul de sac lot, has a sand volleyball court, and an incredible salt water pool/above ground spa! So if you want all the upgrades, I have a home for sale in Peoria under $600,000 that would … (0 comments)
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Active Rain Versus Posterous?? Preposterous??? - 07/12/10 11:15 PM
Via Cara Marcelle Mancuso (Tierra Antigua Realty):
Active Rain Versus Posterous?? Preposterous???
I woke up this morning and was catching up on my RSS links across my homepage when I ran into this story: ActiveRain goes back on Promise written by Lani Rosales. Currently there is a long string of comments. The following are my own comments after reading the entire article. I am new to Rainmaker status on AR - just days past one month of my first blog - so I am a paying member, and the grandfather clause has nothing to do with me.
Posterous has a free … (1 comments)
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Real Estate Marketing Series, Part 2 - 5 Unique Ways To Market Your Real Estate Business - 07/12/10 09:01 PM
Via Renae Bolton ~ Marketing 4 Realtors (Marketing 4 Realtors):
Real Estate Marketing SeriesWelcome to the second installment in my Real Estate Marketing Series, "5 Unique Ways to Market Your Real Estate Business." In the first installment, we discussed 5 Things To Do To Jumpstart Your Real Estate Business. That was basic information, things that all real estate professionals should do on a regular basis but if you're just starting out or need a business boost, that's the post you should start with. This time, we're going to get even more involved with ways to make you stand out from the crowd! … (3 comments)
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HUD Homes for $100 Down - 07/12/10 05:10 PM
Via The Mortgage Experts at America's Mortgage:
We've gotten a number of requests for information about HUD's $100 down deals in the past week, so here's a rundown of what you need to know:
A HUD home is a house that used to have an FHA loan, but it went into foreclosure. HUD now owns the property. HUD (the Department of Housing and Urban Development) is the agency that oversees the FHA loan program. If a buyer makes a full price offer on a HUD home, they are able to buy the property with a down payment of only $100 if they get an FHA loan. … (0 comments)
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Arizona Real Estate Professionals - Is Your Lender Licensed? - 07/11/10 10:42 PM
Via Ricky Khamis Arizona_Mortgage (Amerifirst Financial - Scottsdale Arizona Mortgage):
As of July 1st, 2010, ALL Loan Officers are required to have their Loan Originators License. Does your Lender have theirs? If they procrastinated that shouldn’t be your problem, or your clients.
That awards our team a very unfair advantage, WE HAVE OURS!
Not only do we bring a VAST experience and wealth of knowledge related to Real Estate Finance,
BUT…
We also bring you BUYERS! You have a team of Licensed Senior Loan Officers that are willing to help you grow your business, and close more … (1 comments)
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Tips about Your ActiveRain "Settings" Page - 07/11/10 10:37 PM
<a href="http://www.topblogarea.com/real_estate/" title="Real Estate blogs"><img border="0" src="http://www.topblogarea.com/tracker.php?do=in&id=137382" alt="Real Estate blogs"></a><br /><a href="http://www.kopenhamnportalen.se/">Kopenhamnportalen.se</a>
Via Brad Andersohn ~ Community Manager (ActiveRain):
Tips about Your ActiveRain "Settings" Page
So much has changed since my initial post from 10/07 regarding the ActiveRain "settings" page. I'm creating an updated post for our new members joining the network. To access your settings, make sure you're logged into AR, then go to your "MY HOME" link located at the top of any page. Next, click on the "Settings" link located on the left hand side of the page. I'll explain each section of the "settings" page below.
This … (4 comments)
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West Wing Mountain Peoria AZ Homes Sold June 2010 - Homes Sold June 2010 in West Wing Mountain Peoria AZ - 07/11/10 08:45 PM
Via Carla Morin (Solutions Real Estate):
West Wing Mountain Peoria AZ Homes Sold June 2010 - Homes Sold June 2010 in West Wing Mountain Peoria AZ
Are you interested in knowing how many homes sold in West Wing Mountain Peoria AZ this month and what the average home price was? Maybe you'd like to know the average price per square foot. I am very excited to offer home buyers, home sellers, and anyone interested in getting sales information about West Wing Mountain Peoria AZ , the opportunity to access June 2010 Sold Homes Activity for West Wing Mountain Peoria AZ . … (0 comments)
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Market Update 07/11/2010 - 07/11/10 01:29 PM
The most significant economic data next week will be the monthly inflation reports. The Producer Price Index (PPI) focuses on the increase in prices of "intermediate" goods used by companies to produce finished products and will come out on Thursday. The Consumer Price Index (CPI), the most closely watched monthly inflation report, will come out on Friday. CPI looks at the price change for those finished goods which are sold to consumers. In addition, The Retail Sales report will be released on Wednesday. Retail Sales account for about 70% of economic activity. The detailed FOMC Minutes from the June 23 Fed … (0 comments)
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Market Update 07/09/2010 - 07/09/10 01:16 PM
… (0 comments)
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Activerain Confirmed Loan Officers - 07/08/10 06:03 PM
Via ActiveRain Approved Business Builders (ActiveRain - Approved Business Builders):
Activerain is proud of our Confirmed Loan Officer Team. They have all taken the time to complete an exhaustive blogging SEO course taught by Steven Graham, one of the Activerain blog trainers. They also recieve regular weekly training on new tactics and technologies to assist you with your blogging.
Our Confirmed Loan Officers are approved Activerain trainers, and they are very capable and ready to teach you how to get your blogs to the first page of Google.
Getting your blogs to the first page of Google is one of the … (0 comments)
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Market Update 07/08/2010 - 07/08/10 06:01 PM
Both the stock market and MBS markets moved higher today. Jobless Claims came in close to expectations and had little impact. The Treasury will auction $69 billion in 3-yr, 10-yr, and 30-yr securities next week. The Dow is up 120 points. No economic data will be released tomorrow.
Freddie Mac reported that average mortgage rates fell in the week through July 8, with 30-yrs hitting 4.57%, the lowest level on record, from 4.58% the prior week.
Source: http://www.mbsquoteline.com
… (0 comments)
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Market Update 07/08/2010 - 07/08/10 12:24 PM
This morning, weekly Jobless Claims came in at 454K, a little below the consensus forecast of 460K. The 4-week average fell to 466K. As expected, the European Central Bank (ECB) made no change in rates. The Dow is up 50 points. No more economic data will be released today.
… (0 comments)
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How To Use Twitter For Real Estate Lead Generation - 07/07/10 08:34 PM
Via Gabe Hoggarth (eXp Realty):
There’s been a lot of talk lately about Twitter. What is it? How should you use it? Is it a waste of time? These are good questions that I want to address. I’ve been a part of the Twitter community for a few weeks now learning as much as I can about the audience, reach (current and potential) and usefulness of this network as it relates to personal branding and real estate lead generation.
For those who don’t know, Twitter is one of several emerging micro blogging platforms that lets users interact with other members of the … (5 comments)
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MBSQuoteline.com - 07/07/10 06:11 PM
No economic data was released today. Strong gains in the stock market pushed MBS markets lower, as investors shifted funds to riskier assets. The Dow opened up 275 points. Tomorrow, Jobless Claims will be released at 8:30 et.
Favorable repricing took place yesterday. The 30-yr fixed FNMA required net yield (60 day) is now at 4.11%, a new low, from 4.19% yesterday.
It has been a quiet morning. The Dow is up 25 points. No economic data will be released today.
The Mortgage Bankers Association weekly purchase activity index fell 2%, while the refinancing activity index increased by 9%. Average reported rates for … (0 comments)
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ActiveRain’s Weltanschauung - 07/06/10 04:22 PM
Via ActiveRain Corp.:
Weltanschauung: The guiding principles and philosophy of an organization. A world view.1. We understand that the value of the ActiveRain community rests entirely with its members. We admire the spirit of real estate professionals and believe our goal is to fully engage their talents and knowledge for the benefit of all members of the real estate community.2. We believe that real estate professionals will thrive if they demonstrate their local market expertise. With ever greater access to listings, local knowledge is now the key differentiator.3. We believe that homeownership is a positive force for social good. ActiveRain is committed … (0 comments)
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Connect. Share. Learn.Welcome to ActiveRain, the #1 social community for real estate professionals.
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