orange county foreclosures: Freddie Mac HomeSteps - Summer Sales Promo!
- 05/17/11 06:19 AM
HomeSteps® Launches Nat'l Summer Sales Promotion! Closing Cost Assistance & Selling Agent Bonus! HomeSteps, which is the real estate sales unit of Freddie Mac, is launching a nationwide sales promotion for its inventory of foreclosed homes starting today. The HomeSteps Summer Sales Promotion offers: up to 3.5 percent buyer's closing cost, and a $1,200 selling agent bonus on initial offers received between May 16, 2011 - July 31, 2011, and escrows closed on or before September 30, 2011. This is only valid for HomeSteps owner-occupied home buyers. In addition, a 2 year Home Protect® limited home warranty is offered on some eligible HomeSteps homes. Home Protect also … (0 comments)
orange county foreclosures: WOW: Under Promise & Over Deliver
- 05/09/11 06:57 AM
WOW Your Clients WOWing clients is premier to long-term success in our industry. The basis of this concept is that you cannot "WOW" a client if you promise too much and deliver too little. "WOWs" are created when you pleasantly surprise your customers by delivering more than they expected.In sales, we tend to place ourselves in problematic situations by giving prospective customers the answers we think they want to hear. In doing so, we can set ourselves up for failure.This failure is often generated by insecurity, which arises when we doubt ourselves or our ability to offer unparalleled service. That causes us to make unrealistic commitments we fail to keep. An … (0 comments)
orange county foreclosures: Ban plastic bags! :)
- 08/09/10 11:05 AM
We've got until the end of August to pass the ban on single-use plastic bags, or the bill will be dead. Take action, and tell your senator to support the bill to ban plastic bags today: http://www.environmentcalifornia.org/action/oceans/sen-bag-ban?id4=ES Your e-mails show the on-the-fence senators that their constituents support the... ban (AB 1998), as well as encourage those already with us to keep fighting. The reason we're cutting it so close is that plastic bags have rich friends ... rich friends (American Chemistry Council) who hire lobbyists.To get regular updates, you can join the conversation on Facebook: http://www.Facebook.com/EnvironmentCalifornia www.oclisa.com
Why are we cutting down our trees to make a cardboard box that's used once, maybe twice, to just throw it away in a landfill? It doesn't make any sense, when over 20 percent of the American population packs and moves each year- generating massive quantities of waste, that ultimately ends up in a landfill. It's a huge problem and we haven't had a choice or a gree sustainable solution in over 230 years. New or used cardboard boxes are just too … (0 comments)
orange county foreclosures: HAFA: In Effect 4/5/10... will this one work?
- 04/07/10 04:44 AM
Here are the highlights of Obama's latest Home Affordable program, HAFA (Home Affordable Foreclosure Alternatives): The Obama Administration created the HAFA program for loans that otherwise meet the criteria for HAMP (Home Affordable Modification Program) but were unable to be modifiied under the HAMP guidelines because they are not securitized by Fannie or Freddie, thus have their own short sale and deed-in-lieu programs. Hmmm... so most of the borrowers/loans that need the modifications - Subprime, Alt-A, liberal loan programs weren't eligible! Brilliant. I digress... Servicers are not obligated to participate in HAFA, so you need to find out if your servicer is participating. If they … (2 comments)
orange county foreclosures: Irvine Home Prices Q109
- 05/26/09 07:40 AM
According to the latest Zillow Real Estate market reports, home values in Irvine decreased 7.9% in the first quarter of 2009, compared to the first quarter of 2008. Nationally, home values decreased 14.2% during this same period. This matches up with a just-released Q1 Homeowner Confidence Survey, where 60% of U.S. homeowners believe their home has lost value in the past 12 months. In reality, 80% of U.S. homes have declined in value over the past 12 months. www.oclisa.com
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orange county foreclosures: Know When to Fold 'Em
- 05/11/09 05:55 AM
Published by Mildred Wilkins Short sales are becoming fairly common practice in the real estate market these days and anyone who has completed one knows that you had better be prepared for rough riding when you get the seller to sign a listing contract when they are upside down. If the term "short sale" is unfamiliar to you, it refers to a situation when the sale of a home will not net enough to cover the mortgage and closing expenses. It is a problem which occurs frequently in today's market place. Whether the consumer is upside down because of refinancing, new … (0 comments)
orange county foreclosures: National High Five day
- 04/16/09 09:38 AM
It's National High Five day. National High Five Day falls on the third Thursday of April each year, which falls this year on April 16, 2009. The holiday originated at the University of Virginia in 2002, and has since spread across the nation, and around the globe. A student's story of National High Five day: "Imagine that while on your way to class, you pass a dignified looking middle-aged man in a suit. You, of course, are wearing the same underwear as yesterday, a pair of pants off your floor, and a T-shirt with something ironic printed on it. Instead … (1 comments)
orange county foreclosures: REO "Highest and Best" offers
- 04/15/09 08:57 AM
For those who may not know, when submitting an offer on an REO property, the selling agent is often told by the listing agent that the bank is asking for "Highest and Best" (H&B) offers that their buyer has to offer. This is another way of asking the buyer to submit their "best and final offer". Another way of putting it... "Highest and Best" is the banks Counter Offer. They're acknowledging that they have received multiple offers, and are therefore requesting each buyer to come back with their best offer. If they have multiple offers, and there is one or two they like, their worst case is that they … (0 comments)
orange county foreclosures: Orange County Bank Owned Deals
- 02/10/09 02:15 AM
I noticed another blog today questioning how there can be multiple offers in a buyers market. Of course, with all the foreclosures/bank owned properties on the market! A tip for buyers: if you see an REO property that you know is priced low, and you really want it, make a higher offer and you'll likely get it. Some lenders are still listing too high hoping to minimize their losses, but my experience shows that listing low (or "priced to sell") brings multiple offers well over list price... and it's typically the highest offer that gets it, even if it's an FHA buyer over a lower, full cash offer. … (0 comments)
HomeSteps® Launches Nat'l Summer Sales Promotion! Closing Cost Assistance & Selling Agent Bonus! 
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