short sales: Short Sale Pros - Social Networking Site Is UP!
- 06/16/09 10:01 PM
If you do a search for short sales you'll find every overnight guru and million dollar system that you could ever want. Everything from sweaty guys who wear oversized suits to cowboys. One thing you won't find is a resource site for REAL Estate Agents (and others). Even here on Active rain it's just people blogging and copying and pasting the information on their blog. ShortSalePros - is a website created in the same vein as REOPRO - a site dedicated to the professionals working this market and trying to offer help. I won't be satisfied until you can go to … (5 comments)
short sales: Short Sale In Powder Springs - New Video Tech Too!
- 04/22/09 12:15 PM
I've been creating videos of my short sales to help dispell the myth that short sales need work. This short sale in Powder Springs is a great example of a home that is move in ready. Also check out the cool video technology! … (2 comments)
short sales: Don't Be A Hero, Low Ball That BPO! - Response to Ken Harney
- 03/29/09 10:05 PM
In a recent article in the Washington Post, Ken Harney suggests that real estate agents are low balling BPOs to get listings. I won't even address this since the thought of a BPO agent getting a listing from a BPO is pretty silly. There ARE agents who have gotten listings from their BPOs but it was based on how professional and accurate they were and not usually based on them doing something to make the asset manager look like a hero. In response, Kevin McGrath on Active Rain explains that low ball BPOs are exposed quickly, countering the notion that: Online, … (85 comments)
short sales: Mortgage Rates at 4% - Not the cure
- 02/05/09 10:23 PM
Sure 4% interest rates will cause even more people to refinance and it might even get people off the fence... but who is still on the fence when they could have had rates as low as 4.5%. Don't get me wrong a half point is significant, but I think we can all agree that the mortgage rates are low enough. I'd prefer to see more options and releasing of some of the restrictions. The pendulum has swung completely on the other side. People are stuck paying $1,500 a month in rent with good jobs but can't get a loan for some … (3 comments)
short sales: Conversations In Short Sales in Atlanta, GA
- 01/27/09 12:46 PM
Short Sales seem to be the buzz word right now. Everyone and their brother has some experience with a short sale or do they? I thought I'd do some fact finding and see what's going on. To be sure, I am in the Short Sale business now with Atlanta Short Sale Listings you can find all the homes in Atlanta Metro area. You can read my conversation with another agent about prospecting (calling) for sale by owners that led to short sale revelations. I also spoke with Ann Urias and she said the key was getting the price right in the … (1 comments)
short sales: Why Short Sales Fail
- 12/23/08 02:13 AM
After a year full of short sales and feeling totally fed up with them, I've come full circle. I'm loving short sales for the satisfaction I get, similar to a first time home buyer. I'm enjoying the negotiations and the process... at least on the listing side. If you have short sales you want to refer, call me! Having completed several this year, I can tell you why some short sales fail. There are two main areas: HUD STATEMENT Closing times on short sales can be long. A big mistake agents make is estimating a 30 day close. Some short sales … (7 comments)
short sales: Buying A Short Sale: Wait
- 07/28/08 10:08 PM
If you're thinking of buying a short sale right now you might want to learn to be patient. Actually, you might want to wait. Wait to lock in your rate, wait to cancel your lease, wait to make any plans to actually move into the home, wait to do anything that might jeopardize your purchase... Short sales are a great deal, they can sometimes be as much as 50% of the value. However, the turnaround time with the banks is a huge problem (up to 2 weeks per response if not longer), however, it's only part of the equation. The other … (10 comments)
short sales: This Is Exactly What We Don't Need
- 01/21/08 09:24 PM
It's one thing to be solicited which I can understand, since I'm in sales. It's another thing to get a message like this: According to industry experts, 50% of Realtors WON'T make it through 2008. They'll quit... go broke... or both. Most Realtors are downright scared about the future of their business... and they should be. The bottom line is, you need a "silver bullet" to survive in this market. But I'm not going to insult your intelligence with a bunch of hype (like most real estate "gurus") and tell you that I've got the "silver bullet." To be frank, I have … (8 comments)
If you do a search for short sales you'll find every overnight guru and million dollar system that you could ever want. Everything from sweaty guys who wear oversized suits to cowboys. One thing you won't find is a resource site for REAL Estate Agents (and others). Even here on Active rain it's just people blogging and copying and pasting the information on their blog.
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