forclosures: Downpayment Assistance Programs?
- 03/20/08 03:23 AM
Hello Everyone, I was wondering if all of my fellow agents out there are using the latest in FHA 100% programs out there which are Ameri-dream, Aquarius, etc. Right now they are 90% of the business that I'm closing. It looks like in Alabama this year it is going to be the the only way to do 100% loans which is fine with me. It takes a couple of times writing them to get the hang of it but I want to tell you THANK GOD FOR THEM right now or it would be rather lean. Sometimes you have to adjust your sales (2 comments)
forclosures: Spring Has Sprung And There Is Work To Be Done, Thank God
- 03/09/08 03:57 AM
Yes for me in Birmingham Al. as I hope it is for all of you, business has picked up and people are coming out of hibernation. The weather here has been great and my phone is ringing again. Yes I'm back to 6 to 7 days a week showing houses, what a wonderful feeling. It seems that my buyer clients are more confident about the market and are ready to make a commitment which makes our job so much easier. Rates are great, sellers are ready to sell, the birds are chirping, IT IS a great time to buy a home. Good luck to everyone Take (0 comments)
forclosures: What a Real Estate Coach Recently Told Me !!!
- 02/23/08 01:22 AM
I got an opportunity to spend sometime last week with an incredible Real Estate coach. A lot of the things he told me I already new and just have not put in place yet. But one thing he said kind of blew me away he said if you are not getting a least 5 referrals a year from people like your Dentist, accountant, Doctor, etc, everybody that you spend good money with and use exclusively then you should quit using them and find someone that is capable to give you referrals and I went wow thats kind of harsh, but I guess when you (9 comments)
forclosures: They're Starting to Come Out of Their Dens
- 02/21/08 11:31 PM
I think People in a matter of speaking hibernate like animals, they DO!!!. Historically Jan. & Feb are slower months, then it starts to pick up first warm snap in March. My phone started ringing yesterday which is a little earlier but I surely will take it. When it starts to get warm in the New Construction that I do we start to get more traffic, same thing as your Open Houses or your showings on your listings. As hot as it was this summer in Birmingham, I was ready for fall. But I tell you I'm ready to SELL HOUSES so bring (0 comments)
forclosures: Confused Buyers
- 02/15/08 03:58 AM
It seems on my journeys with my buyer/clients lately they seem to be so confused with what to do. With all the builders incentives, foreclosures and just desperate sellers and so much inventory that they are having a difficult time figuring out which way to go and what to do. In Birmingham as I'm sure that is us in other areas most of the builders are throwing in everything and the kitchen sink including trips to some tropical island or the builder pay your mortgage payment for 6 months then throw in a 10 to 20% reduction in price. Its like do I take door #1, a luxury (1 comments)