the real estate investment institute: In Search Of The Simpatico - 08/21/09 09:00 AM
As my readers know I'm a people centric pragmatist. I believe in total fiduciary to my clients, students and readers. I also believe there is always more than one way. I'm always in search of or evangelizing to the simpatico consumers and professionals.
Active Rain offers us a chance to find … (6 comments)
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the real estate investment institute: Can You Buy A Short Sale - 08/18/09 12:48 PM
Of course you can!
The big question is should you? Do you have the temperament to buy a Short Sale home?
Short Sales, where you buy your home for less than what the seller owes on the property are probably the best buys in real estate since Peter Minuet bought that … (42 comments)
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the real estate investment institute: Opportunity Check List Redacted - 08/07/09 02:12 PM
If I'm to believe the bloggs my students do a better job interviewing sellers both FSBO's and listed sellers, than many pro's!
I'm tired of reading about agents being surprised by the sellers defaults and NOD filings. So I'm posting a redacted version (Almost like what you get from a FOI … (3 comments)
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the real estate investment institute: The Myopic Stenotopic Among Us - 07/28/09 07:04 AM
Among us we have so many short sighted, illogical, unadaptable, entitlementist, functionally incompetents that seem willing to commit occupational genocide.
So many are unable to adapt to change, so many would die before accepting that we're all in this tegether! I believe it was little Bennie Franklin that said:"We must all … (2 comments)
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the real estate investment institute: Things Learned From Here To Yonder - 07/27/09 02:43 PM
I try to learn from those I associate with, that's why I like Active Rain. I've been this way all my life, associate with only the best of people and learn and use what I can. I spent 5 days a month for just over a decade with Michigan's CCIM marketing … (7 comments)
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the real estate investment institute: Ability Motivation Attitude - 07/23/09 01:40 PM
"Ability is what you're capable of doing. Motivationdetermines what you do. Attitude determines how well you doit." -- Raymond Chandler
Ability, Earl Nightingale said that "what your mind can conceive of and believe in you are capable of!" Of course there are limitations self imposed limitations! What abilities … (9 comments)
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the real estate investment institute: The Price Of Opportunity PMI/MI - 07/13/09 06:54 PM
Assuming that the average house today cost $170,000.00. Assuming your wife wants a better home for you and just over 2 kids. Assuming you're not still a teenager. Assuming your life is stable. It's time to buy a house!
Assuming you're a first time home buyer or starting over. Assuming you've … (6 comments)
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the real estate investment institute: PMI / MI They Are Not What You Think They Are - 07/12/09 10:49 AM
PMI/MI is very miss understood. PMI/MI does not insure the home owner. PMI/MI is used when the buyer doesn't have the 20% down payment (equity) required by depository lenders. It insures the bank/lender in the event of default that the bank will never suffer a loss any larger than they would … (8 comments)
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the real estate investment institute: Naked Blogging Not Restricted To Home Offices - 07/08/09 03:57 PM
Do you keep your web-cam plugged in? Do you keep your web-cam atop your monitor? Do you forget to shut your web-cams privacy shield?
Do you ever open software programs inadvertently?
Have you considered just how often you're naked on the web? How exposed, how visible you are. Have you ever … (8 comments)
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the real estate investment institute: A PFD For Under Water Home Owners - 07/07/09 10:26 AM
Boaters like home owners never except to be under water, but it happens! Normally at the worst possible time, the most inopportune moment or as my friend from PA would say the worst possible epoch!
In times of peril boaters wear a PFD, Personal Flotation Device. A life preserver!
PDF's can't … (8 comments)
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the real estate investment institute: Three Real Estate Minutes # 9 Strategic Default - 07/06/09 02:18 PM
I stopped posting these short videos because of production problems, I think I' over come those problems. These videos are all on real estate and under three minutes in length.
Today's subject Strategic Defaults been the subject of several recent blogs because a recent study show 26% of defaults to be … (4 comments)
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the real estate investment institute: Air, Water, Food, Housing, and Sex - 06/24/09 03:33 PM
Air, water, food, housing, are not something we worry about, but try living with out them!
For all the negative news, people still have to have some place to live! The real estate and mortgage market cycle that's life! Indeed there is more business in an up market, that's life! But, … (10 comments)
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the real estate investment institute: Lender comparisons Loan Comparisons - 06/14/09 06:20 PM
One "Good Faith Estimate" is never enough! Hopefully you've decided on a Loan Originator for the LO's personal integrity is the only real protection the consumer has. But even when you've settled on one LO and more so if you haven't you need at least three "Good Faith Estimates" and their … (0 comments)
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the real estate investment institute: You Never Know What Sells A Buyer / An Encore By Requist - 06/11/09 06:25 PM
What was the strangest thing I ever included to make a sale?
Years ago my late friend, Hubert Williams and I sold a used $15,000.00 sail boat for $400,000.00, but we threw in a large cottage over looking Lake Michigan!
After a four hour drive we arrived at the cottage a … (12 comments)
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the real estate investment institute: Rachmanism Inspired Curmudgeons - 06/10/09 06:52 PM
After dealing with one rachmanism after another rachmanism, reading one exaggerated article after exaggerated article even occasionally rational real estate agents can lose sight of realty! Losing sight of sanity and fiduciary, normally pleasant professional people turn in to nothing more than licensed curmudgeons!
We've seen such insanity between agents and … (6 comments)
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the real estate investment institute: Client Prequalifying Forgotten Professionalism - 06/09/09 02:45 PM
A guide for would be buyer's real estate and mortgage professionals.
In the age of prequal and preapproval letters REALTORS prequalifying the client themselves is archaic, futuristic and essential! At least for the real estate professional.
So how can something be "archaic," belonging to former or ancient times and "futuristic," involving … (2 comments)
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the real estate investment institute: Client Selection Forgotten Professionalism - 06/04/09 04:32 PM
You've been networking, prospecting, advertising, and farming or you've purchased leads finally you've hooked one located a potential buyer! Yippee, wahoo, hip-hip hooray! Your family will get to eat again next month. Or will they?
If you're like most you check the parking lot to see what the mark prospective client … (34 comments)
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the real estate investment institute: The Journey Is Not Enough - 06/03/09 03:27 PM
Our clients, the real estate consumers don't care that you've enjoyed the game, that you've played a good game. The consumer wants, needs, and deserves to cross the goal line! You've got to keep moving towards your goals everyday!
"Raised a farm kid, life was lived to the put-put tempo of … (7 comments)
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the real estate investment institute: Self Respect Banks REOs Short Sales Foreclosures - 05/21/09 11:48 AM
I started out to respond to Joan Taie's short sales, reo's and banks OH MY!
With all due respect to her commentor. For every bank that is: "conditioned to being in control, making the rules and setting their own time tables" there is a local Board that doesn't know how to … (4 comments)
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the real estate investment institute: Understanding Picking A Loan - 05/20/09 11:04 PM
This is nearly 3 years old, but it's time to reprint it. Jeff Belonger has been fighting for us at: Good Faith Estimates - Knowing & Understanding the Power of the paper!!! It's understandable but frustrating that so few can determine what loan is best for them. I believe every … (2 comments)
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