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New Obama Housing Program | Underwater Owners Refinance Program - 10/24/11 05:31 PM
As we reported last week, the Obama administration has rolled out another ‘save housing’ program.
As you read the details that follow (provided by Zillow, thanks guys!) the questions you have to ask yourself are:
1) How many owners will keep their underwater home? As you will read this new program is geared towards moving underwater owners to shorter term loans. To be clear, the home STAYS UNDERWATER! Inflated mortgage balances on shorter terms mortgages usually don’t result in lower payments.
2) If someone participates in HARP 2.0 what ‘relief’ does this really afford them? There is no guarantee that their … (4 comments)
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HARRIS REAL ESTATE UNIVERSITY | Short Sale, Cash At Closing Programs - 10/19/11 05:38 PM
Short sale today…get paid BIG.
How Big?
In some cases an owner who does a short sale will literally receive a check from their (previous) lender for $10,000..$20,000…$30,000+
From the New York Times:
Chase, for instance, has been quietly offering as much as $35,000 to homeowners who are “upside down” on their loans — meaning, they owe more than the home is currently worth. In a short sale, the lender allows the sale of the home for less than the loan amount and often relieves the borrower of any further obligation.
The incentives began late last year and are available nationally, a Chase … (0 comments)
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Short Sale Approvals Increase Dramatically | Realtor Short Sale Designation - 10/18/11 03:23 PM
As promised, there has been a DRAMATIC SHIFT in Big Bank short sale approvals!
Harris Real Estate University students (and future students) I have a simple question for you…
….what are YOU DOING NOW to take advantage of the changes happening now for short sales?
In 2012 the demand for agents who know how to actually list and sell short sales is going to be insane. I have NO DOUBT that the banks are going to do everything they can to get as many short sales through to avoid foreclosures. Why the change in policy..or at least why are banks now … (0 comments)
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Harris Real Estate University | 2012 Real Estate Predictions - 10/13/11 03:50 PM
2012 Real Estate Market Predictions | Coldwell Banker CEO Interview October 13, 2011 · Leave a Comment (Edit)
HREU Students, this is an excellent absolutely must watch CNBC video.
Industry leader and CEO of Coldwell Banker Jim Gillespie is interviewed…
Talking points:* Values are falling again..are we in a triple dip for home values?* Decrease in home values directly linked to banks ramping up foreclosures. There is NO question that the foreclosure/ REO and BPO market is about to explode (Are you ready..watch this video to learn how to become a REO listing agent…and make money from BPOs)* Baby boomers kids are … (2 comments)
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HARRIS REAL ESTATE UNIVERSITY | Breaking News: New Bank of America Short Sale Program - 10/04/11 04:53 PM
Breaking News: Bank Of America PAYs Owners $20,000 To Short Sale! October 4, 2011 · Leave a Comment (Edit) Breaking News: New Bank of America ‘Enhanced Short Sale Relocation Assistance’ program PAYS owners to short sale…starting in Florida…expect a national roll out soon.
Florida Agents:Florida Enhanced Short Sale Relocation Assistance Florida homeowners may receive $5,000 to $20,000 in relocation assistance.
Bank of America encourages distressed homeowners to explore a short sale as a viable option for avoiding foreclosure. To that end, for a limited time we are offering enhanced relocation assistance to help motivate homeowners to engage with us on a pre-offer short sale. An … (0 comments)
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Realtor Motivational Ideas | Harris Real Estate University 90 Day Business Plan - 10/03/11 05:20 PM
Harris Real Estate University 90 Day Massive Action Plan October 3, 2011 · 2 Comments (Edit) Download Your Free Copy Of This Plan HERE:
HARRIS REAL ESTATE UNIVERSITY
90 Day Massive Action Plan
4th Quarter 2011
Rules:
1: Post the completed plan in 3 to 4 public places. Your office door, your refrigerator at home, give a copy to your accountability partner, etc. Tell everyone about your plan.
2: Listen to every HREU Daily Message.
3: Attend all weekly HREU Conference Calls.
4: Read the completed plan 3 times daily.
5: Have 2 – 3 Accountability Partners who are also participating in the … (0 comments)
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Tim and Julie Harris
Las Vegas,
NV
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Harris Real Estate University
Address: 2620 S Maryland Parkway, Suite 14-856, Las Vegas, NV, 89109
Office Phone: (866) 422-9497
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