buyer: Settle Your Mortgage Now And Look Forward To Be A Carefree Senior - 06/07/13 02:14 PM

You decided to take on a mortgage.
Here’s an idea: Just picture yourself in ten years time when the kids have finished college and you have just a few years before retirement catches up with you.  Do you and your spouse really want to be rattling around in a great big family house and half an acre of garden and yard to maintain?  Why not consider now paying off your mortgage sooner as interest rates are likely to go up rather than go down.  Several circumstances had played right in front of you, seeing people struggle after losing a job … (0 comments)

buyer: FHA To Claw Back Its Reserves Shortfall To 2% By Increasing Premiums - 06/03/13 12:37 PM
 
 
Mortgage insurance or mortgage guarantee is an insurance policy to protect lenders against mortgage payment default.  Mortgage insurance can be in the private or the government sector.
The Federal Housing Administration (FHA) is required by law to maintain at least 2% reserve in its Mutual Mortgage Insurance fund (MMI fund).  The problem is that reserves have fallen below the required benchmark to less than 1.5%, leading to a review and increase of the majority of insurance premiums payable taking effect from April 1st, 2013.  The MIP increases mean all loans including FHA backed mortgages including 15 year loan terms … (0 comments)

buyer: Modern Real Estate Apply Technology And Utilize KPI’s To Measure Targets - 05/24/13 08:12 AM
 
Technology plays a key part in the modern Investors toolbox, gone are the days of “Real Estate Listing Ledgers” that were updated biweekly and were always out of date.  Now we have Multiple Listing Services like FreedomSoft, Listingbook, etc. to give us up to the minute information about new listings, withdrawn ones and expired listings.  This is all done at the touch of a button; we can walk down the street, look at the condition of properties and do “comps” from our desk while talking to buyers and sellers.
Of course nothing beats the personal touch and all the … (0 comments)

buyer: Shhh... You Know Who’s The Seller? - 05/22/13 01:48 AM

If you are a serious qualified buyer and you can’t find a seller or what you’re looking for posted on the internet, or in the local real estate agents window then you need to ask around about any “pocket listing” in your preferred neighborhood.
“Pocket Listings” are not included on the multiple listing services, where realtors can tap into other agent’s buyers and these properties are not openly advertised.  Instead it is marketed directly by the agent or broker – “it is in that person’s pocket”.  The seller keeps control about who knows the home is for sale, who may … (2 comments)

buyer: Growing a Real Estate Business Today? Part 1 - 02/05/13 07:37 AM


Growing a Real Estate Business Today?  It’s the dream of so many people that get involved with this business.  With all the volatility in the markets recently, there are a few things to keep in mind as you grow your business so that you have a successful operation that can sustain.  Here are a few things to be aware of.
The Background And Housing Market Conditions 
Market conditions determine how much total business is available for real estate professionals, whether investors, agents, contractors, etc.  In boom times like those early in 2000–2007, there was so much business that many operations did … (1 comments)

buyer: Turning Disaster Into An Advantage - 11/03/12 09:13 AM


 
Like many of you, we’ve been watching the news.  We are likely all aware of the damage caused by Hurricane Sandy to the Northeast.  Property damage has been quite extensive as we have seen the pictures.
For once the politicians were on the ball issuing people warnings and for once this time they have it right.  We should extend our sympathy and if possible assistance to people who are personally affected either with damage to property or love ones lost or injured.
Some items to consider are check your home insurance policy if you are covered for wind … (0 comments)

buyer: Always make sure the wiring instructions have a place for the address… - 10/31/12 12:12 AM
 
Always make sure the wiring instructions have a place for the address…make sense right?  I mean how could that get missed?  Well it did on a closing some time back and we recently saw it happen again.  So I say to myself, if it happened to me twice in a short time period, how often might this really happen?

It is easy to assume that banks just know what they are doing with wires.  Reality is they are only doing whatever we ask them to do.  If the wiring instructions for that closing are not laser focused, it is … (0 comments)

buyer: Lake Arrowhead, GA – Homes for Sale in a Mountain/Lake Community Close to Atlanta - 10/26/12 11:24 AM


 
Lake Arrowhead is a great place to buy a home.  Located in just north of Canton, the community is a private development that offers people a taste of mountain and lake life without being too far from Atlanta for the commuters.  Through its varying homes offered, tranquility reigns supreme year round.  Amenities such as golf, trails, pools, playgrounds and two lakes give people plenty to do year round.  And it’s not unusual to see wildlife roaming amidst homes, in particular deer that appear to call the community home with the natural surroundings around most homes.  It is truly … (0 comments)

buyer: Crazy Numbers In A Real Estate World - 10/10/12 02:18 AM

Crazy Numbers In A Real Estate World!  When looking at numbers across the industry, it is daunting to see the difference in positive and negative using just simple numbers.  In thinking about this, I found the Good, the Bad and the Ugly.  It is an interesting industry to be a part of for sure.

The Good. 
A million dollars can buy you a fantastic dream house or you could buy between a dozen and 20 homes if you are an investor with a million dollars to invest.  What else could you do with a million dollars if you … (0 comments)

buyer: The Importance of Networking with Active Professionals - 10/03/12 08:08 AM
 
The Importance of Networking with Active Professionals.  This is going to be a simplistic post however in life many of the most effective items are very simple. 
We have all likely all heard the phrase ‘your network is your net worth’.  There is truth in that statement however it is directly linked to your ability to take action.  The ability to make things happen sounds so simple yet is oftentimes our biggest obstacle. 
I was at a conference this past weekend where I heard a statement about this not being a weekend to be shy.  Being shy and networking … (0 comments)