You might not remember back in the late 60s when coins were made out of real silver. Some people began saving dimes and quarters and half dollars because the silver in them was worth at least as much as the coin itself. I was a kid so I didn't think much of saving. Now one of those 1964 Rooseve...

09/13/2010

Seeing Incompetence/Negligence in a Listing Just Hurts Me

3 Comments

Yesterday I was previewing some homes in a neighborhood where I was making a HUD foreclosure video home tour. I checked out a Fannie Mae foreclosure that happened to be pending sale. It was a really nice home that seemed to be a great deal. I wasn't surprised that it was under contract. As I ...

09/10/2010

Will the Short Sale Lender Really Make You Pay a Deficiency?

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This is a great example of why a short sale is usually going to be better than a foreclosure, even if the second lien holder doesn't release you from a possible deficiency. Here, after the short sale, Bank of America took $2,500 to satisfy a $59,500 deficiency. For that little amount, the seller ...

09/10/2010

Good Things Happen When You Put the Ball in Play

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Yesterday I decided to do another video tour of a HUD foreclosure. In Georgia, any agent can market the HUD properties pretty much as if they were their own listings. So I've been doing some quick and simple video tours to see if I could drum up any business. I was in the middle of doing my vid...

09/09/2010

HUD Foreclosure, Woodstock GA. Bid Deadline Midnight September 19, 2010

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Here's my HUD Foreclosure video tour of the week. It's up in the Fairways off of Town Lake Parkway in Woodstock Georgia. I provided all the information you need in the links below. 516 Fairway Drive, Woodstock, GA 30189 $218,000 HUD #105-279857Property Condition Report Comps. for The Fairways Det...

09/09/2010

Spaghetti Juction and Other Terms You Need to Know Around Atlanta

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I was a Yankee transplant in Atlanta over twenty years ago so I understand trying to understand the local lingo. Here are some of the terms and items that stuck out to me as a newcomer to the area. The Perimeter. Coming from the Baltimore/Washington area, it took me a long time to stop saying B...

09/07/2010

If I Find a House on Monday, Can I Close on Tuesday?

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The other week I was thinking about how nice it would be to have a couple of buyers who wanted to close quickly. Low and behold, out of the blue I received two great phone calls a week later. Here's the story about one of them. I received a call last Tuesday at 1pm from a guy who just wanted t...

09/06/2010

Beware of Righthaven. They Are Looking to Take Down Websites. ActiveRain Needs to be Prepared

12 Comments

There's a new company that was formed in March for the sole purpose of going after those who infringe on the copyright of Las Vegas Review-Journal newspaper articles. Copy one of their articles or use too much in a quote and they'll slap you with a hefty lawsuit. Their normal demand is for $75,0...

09/04/2010

Humans Are Inherently Good. ActiveRainers Are Shining Examples

7 Comments

It's amazing how many things in my life have synchronicity. It happens so much in my life that it doesn't surprise me anymore. I actually expect things to show up when needed and I'm actively on the lookout for them. I believe it's God's way of talking to me. I had just watched the video bel...

09/04/2010

Using Incorrect Aspect Ratio Can Make Your MLS Photos Look Distorted

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Have you ever uploaded pictures to your MLS which then automatically resizes them and makes them look a little distorted? I just had that happen to me and it was driving me crazy trying to figure it out. Maybe this post will help you avoid my frustrations. I started using a new digital camera. ...

09/03/2010