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
Recently Komo 4 published a story called A new way to get equity out of your home. Yeah...someone is trying to help us in this bear market (probably not). A REX Agreement (sounds like wrecks) is an equity investment company in San Francisco. They provide immediate cash with no loan, no interest and no monthly payments.
To qualify for the REX AGREEMENT, you must have a stand-alone home that you live in. Second homes, condos and vacation property are not eligible. You must also have a decent credit score and be financially responsible. Other things to consider are:
The equity you take out determines the percentage of future equity you'll give up.
You can ask for a percentage of your equity or for a specific dollar amount, and there can be room for negotiation.
You can do an early buy-back, in which value change is determined by the appraised value of your home at the time you want to pay back the equity.
The goal is for a long-term contract and there could be an exit fee if you get out before five years ranging from 5% to 25%!
You may also face extra fees if you do not deal directly with REX and Co. However, financial advisers, mortgage brokers, and real estate agents licensed by Rex to sell the product can charge fees up to $2,000.
Maybe this product would be useful if you are bearish on housing and disciplined with investing and represents a sort of hedge against falling home values. However, the REX Agreement is only offered in selected markets where real estate values are stable. The company analyzes the markets and does a lot of homework before deciding which states are likely to have the best investment potential and consumers should do the same thing. Of course, they are in the business to make money and not likely to enter an agreement if a LOSS is possible.
Why would anyone want to tap into their equity this way if they could qualify for a more traditional, less risky, bank loan with a net lower return of payment? Let's consider this by looking at the numbers.
Our vision is to help everyone find financial freedom through lifetime learning, passion for excellence, integrity, and trust. Home Ownership Provides Everyone...what dreams are made of. HOPE Lending returns 10% of all revenues to the Muscular Dystrophy Association. Thank you for being part of this and living with a solid contribution in our ever changing Real Estate market.
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.