lasvegasmtgcom: www.lasvegasmtg.com Report: Do you use Google Places? - 01/24/11 12:31 PM
www.lasvegasmtg.com Report: Do you use Google Places? By John Le Francois
www.lasvegasmtg.com Report: Do you use Google Places? You now have a web site but how do you get traffic to it? This is the the #1 question for most people after they either build their own site or have one made. I have found a relatively cheap investment that has not only driven traffic to my site, but has generated income by bring me new clients. What is this magic bullet? It is called Google Places!

Google Places has generated over 500 verifiable impressions per month on average for the last … (6 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: FHA 90 Day Flipping Rule is set to Expire - 01/16/11 11:03 AM
www.lasvegasmtg.com Report: FHA 90 Day Flipping Rule is set to Expire
www.lasvegasmtg.com Report: FHA 90 Day Flipping Rule is set to Expire at the end of this month. The 90 Day Flipping rule was instituted to help prevent Fraud on FHA Loans by setting certain guidelines on homes that have been purchased and renovated within the 90 day period. The FHA Waiver for the last year was in recognition this policy was actually hurting the recovery as investors who renovated the houses as well as buyers that were purchasing the renovated properties were limited on how to finance the new loan.The waiver was … (1 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: Is Robo Signing good for the housing Market? - 01/16/11 07:34 AM
www.lasvegasmtg.com Report: Is Robo Signing good for the housing Market?
www.lasvegasmtg.com Report: Is Robo Signing good for the housing Market? Everyone in the Real Estate or Mortgage business has heard about Banks and Servicer have been engaged in Robo Signing documents without any verification off the documents they sign as being valid. It has been reported in the press that some banks have signed up to 1,000 foreclosure documents in one day. It has also been reported that some Judges in 23 states that require to review the foreclosure documents that are being presented before them have approved up to 200 foreclosures in … (1 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: Do you use Google Alerts? - 01/14/11 06:53 AM
www.lasvegasmtg.com Report: Do you use Google Alerts?
www.lasvegasmtg.comReport: Do you use Google Alerts was inspired from a article written by Fred Carver asking if you have Google your name?
This article is for using one of the most powerful tools that you have available at your fingertips and its called Google Alerts to help to develop your business and to save hours of time researching on the Internet. 
 To use Google Alerts you must first open an account with Google and provide basic information about you and create a user name and password. Once you have a Google Account you are ready to start … (2 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: Clouds from Thailand to Las Vegas, NV. - 01/09/11 10:44 AM
www.lasvegasmtg.com Report: Clouds from Thailand to Las Vegas, NV.
www.lasvegasmtg.com Report: Clouds from Thailand to Las Vegas, NV. I just recently joined a group hosted by Vegas Bob and would like to share two photos of clouds that I recently had taken.

This picture was thunderstorm clouds that formed in Bangkok, Thailand and was taken with my Blackberry from the 6th floor of our hotel room at Asia Hotel. There was a great lightning show that accompanied these clouds.

This picture was a winter sunset in Las Vegas, NV. captured using camera from my Blackberry Phone. I hope you enjoyed these pictures. 
… (0 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: Will Federal Government repeal Mortgage Interest Deduction? - 01/08/11 06:57 AM
www.lasvegasmtg.com Report: Will Federal Government repeal Mortgage Deduction?
www.lasvegasmtg.com Report: Will Federal Government repeal Mortgage Interest Deduction? This was a question that was asked to Paul Bell reporter for Las Vegas Review Journal dated Saturday January 8th, 2011. To read the whole article click here.  
The answer is yes there is currently a serious look at either eliminating the total Mortgage Interest Deduction or putting limits on the amount you can deduct. If limits are put in place it would be only a matter of time before the total repeal would be in place.
The bi-partisan panel of legislatures on the Federal … (2 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: Its New Years do you still have a Nevada Licensed Loan Officer as a partner? - 01/02/11 06:42 AM
www.lasvegasmtg.com Report: Its New Years do you still have a Nevada licensed Loan Officer  as a partner?
www.lasvegasmtg.com Report: Its New Years do you still have a licensed Loan Officer as a business partner? The Clock has struck twelve and the whole world has welcomed the New Year with hopes for a better year. Nevada also brought to life the requirement for transition for all Mortgage Loan Officers to complete the SAFE ACT and complete the registration with the National Mortgage Licensing System by December 31, 2010 at the stroke of midnight.  All 50 states have enacted this transition to the National Registry with some … (2 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: Are Credit Overlays another way of "Redlining"? - 01/01/11 06:11 AM
www.lasvegasmtg.com Report: Are Credit Overlays another way of "Redlining"?
www.lasvegasmtg.com Report: Are Credit Overlays another way of "Redlining"? This is the argument that has been filed by National Community Reinvestment Coalition to FHA, The National Community Reinvestment Coalition has filed complaints against 22 lenders for having credit overlays that deny home loans to the poor and minorities. There are 17 other lenders that were not included in the complaint because they have agreed to meet with National Community Reinvestment Coalition.
It should be noted that the banks not named in this complaint are Bank Of America, JP Morgan Chase & … (0 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: Merry Christmas from Thailand - 12/24/10 06:13 AM
 
www.lasvegasmtg.com Report: Merry Christmas as seen from Thailand.
I recently spent 32 days in Thailand and I would like to share some pictures from my visit. These are pictures from one of my favorite places in Thailand Muang Boran or "The Ancient City". It is located out in the suburbs of Bangkok located at Samut Prakan province. This place is built on over 800 acres and is dedicated to preserving the Thai culture of artisans who do leather crafts, wood carvings architecture and bringing to life stories and legends about Thailand. Presently there are 300 people that work and live … (5 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: Walking for Goodie Two Shoes in Las Vegas - 10/17/10 12:48 PM
www.lasvegasmtg.com Report: Walking for Goodie Two Shoes in Las Vegas
www.lasvegasmtg.com Report: Walking for Goodie Two Shoes in Las Vegas for the first annual 1, 2.5 and 5 Mile walk raised a large amount of funds and shoes for children of Clark County. With many sponsors and co sponsors bringing shoes and cash donations from children of $20 and $35 for adults for the walk, helped this non profit foundation provide much needed shoes for children. The crowds were estimated at 500 to 750 people walking the various distances today at the TPC Golf Course in Summerlin.
 
All Western Mortgage the company that I work for, … (3 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: Why I loved my Cheap Trick in Las Vegas! - 09/19/10 07:25 AM
www.lasvegasmtg.com Report: Why I loved my Cheap Trick in Las Vegas!
http://www.lasvegasmtg.com: Why I loved my Cheap Trick in Las Vegas! No I'm not referring to the Lady's of the evening, but to the Band Cheap Trick playing "Sgt. Peppers Live". Last night was the final show at Paris Hotel and Casino as Harrah's has not renewed the contract. The show has recently been at the Las Vegas Hilton and after seeing the show I will be surprised if the show is not picked up by a major casino on the strip.
I have lived in Las Vegas since 1969 and … (4 comments)

lasvegasmtgcom: www.lasvegasmtg.com report: Wells Fargo will not bother extending close of escrow - 09/17/10 03:28 PM
www.lasvegasmtg.com report: Wells Fargo will not bother extending close of escrow date starting now. Yesterday I received notice that Wells Fargo will institute a new policy that they will not extend any close of escrow once the approval has been issued. Will other banks follow as well? It is too early to tell, but I have talked with a small group of Realtors and the consensus is they will. As a mortgage professional I have instituted the following guidelines to try alleviate any possibility of not closing on time.
No big deal, right?
I just need to adopt the following steps.
Immediately upon receipt … (2 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: FHA Streamline Loans in Las Vegas, NV. - 09/12/10 09:29 AM
FHA Streamline Loans in Las Vegas, NV.
www.lasvegasmtg.com Report: FHA Streamline Loans in Las Vegas, NV. is seeing an increase in demand due to the lower interest rates that are currently available now that are close to historically lows. What makes the FHA Streamline refinance home loan a viable program with current properties in Las Vegas, NV. being underwater is there is no appraisal needed. I repeat FHA does not require an appraisal to qualify for the refinance loan to be approved. With home in Las Vegas, NV. underwater for even homes that were only purchased within the last two years … (1 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: FHA Loans for Underwater Home Owners - 09/06/10 04:32 AM
www.lasvegasmtg.com Report: FHA Loans for Underwater Home Owners will be available to home owners that are current on their mortgages and their home is underwater starting September 7th, 2010. In Las Vegas, NV. that would be about everyone that bought before 2003. Interest in this new FHA program from underwater home owners has been keeping my phone off of the hook with home owners wanting more information on this new loan product.
Requirements to qualify for this new FHA Home Loan for Underwater Home Owners:
The existing loan can not be an FHA insured loan, it must be a conventional loan only. In … (2 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: Co-Sponsoring Continuing Education Classes for Las Vegas Realtors - 09/04/10 08:20 AM
www.lasvegasmtg.com Report: I will be Co-Sponsoring a Continuing Education Classes for Las Vegas Realtor's(3 HR of NRED of Personal Development  - CE.5066000-RE)
This course will show you everything you need to know about setting up and conducting business with the perfect virtual office. Paperless, efficiently, effortlessly that will allow you to work smarter and more professional while saving time and energy.
 
 
Offered by: Advanced Real Estate Solutions, Inc. 
Instructed by:Jeffrey Raskin.
Course Subject: Creating the Ultimate Paperless Office.
Date and Time: September 20th, 2010 from 9 AM to 12 PM.
Location: First American Title - 7201 W Lake Mead Suite 200, … (0 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: Is Las Vegas housing inventory rising due to declining sales? - 09/04/10 05:34 AM
www.lasvegasmtg.com Report: Is Las Vegas housing inventory rising due to declining sales? The Greater Las Vegas Realtors and Applied Science has reported that Las Vegas housing inventory has been increasing weekly at a pace of 280 homes per week since late April. The housing inventory in Las Vegas has increased to 14,854 a 4,800 increase in four months.
Current housing inventory has increased by 20% over last year withvacant or tenant occupied properties representing 80% of the standing inventory.  Contingent sales that are currently pending, 80% are short sales that require the banks approval. The Short Sale process is slow and tedious with a success rate of only 25% in  actual closing.

… (9 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: Hud Secretary Shaun Donovan is worried on the decline in July housing numbers - 08/29/10 07:27 AM
www.lasvegasmtg.comReport: HUD Secretary Shaun  Donovan is worried on the decline in July housing numbers during an interview on CNN today.  Shaun Donovan stated on the State of the Union interview " the July housing numbers were worse then expected, and we are concerned." Shaun Donovan stated " The Administration will be taking immediate action to move forward."
The Administration will implement two new FHA (Federal Housing Authority) refinance programs to help struggling home owners to pay their mortgage and to help the unemployed home owners stay in their homes. With a firm commitment from Shaun Donovan " We are going to continue to make sure folks … (4 comments)

lasvegasmtgcom: www.lasvegasmtg.com Report: Monthly Newsletter - 08/16/10 08:02 AM
 
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lasvegasmtgcom: www.lasvegasmtg.com Report: Las Vegas housing values are not treading water - 08/15/10 05:55 AM
www.lasvegasmtg.com Report: Las Vegas housing values are not treading water
www.lasvegasmtg.com Report: Las Vegas housing values are not treading water according to the article posted in the LasVegas Review Journal by Hubble Smith. With the current year tax assessment showing a decline in the values of homes, home owners will see a reprieve in their monthly payments due to the lower assessments. The county coffers will also see a decline from the previous year of $2.2 Billion to $1.8 Billion based on the 731,000 parcels that have been revalued by the Clark County Assessor's Office.
This is the first year that the Assessor's Office had … (2 comments)

lasvegasmtgcom: www.lasvegasmtg.com Blog: The ABC's on how to use the power of Yelp! - 08/04/10 10:20 AM
www.lasvegasmtg.com Blog: Why you need to know about the power of Yelp and how to use it!
http://www.lasvegasmtg.com The ABC's on how to use the power of Yelp!
Webster Dictionary defines Yelp as a verb.
1.) To give a quick, sharp shrill cry as a dog, or fox.
2.) To cry or cry out sharply.
3.) To utter or express by or as by yelping.
Yelp was the brainchild of David Galbraith, who worked with Jeremy Stoppelman to provide a local services market reviews. The name Yelp is a contractions from the Yellow Pages. It started in October 2004 in San Fransisco and has developed … (0 comments)