I've been coming across several resources that I'm going to be using in my business, so I thought I'd share some of them with you! Today's 2 are:
FIRST: A link to a self-analysis of whether you have "Chinese Drywall" in your home. It asks several yes or no questions and also has good pictures of "normal" and "problem" systems. (this would be a good link to send out to your farm list) CLICK HERE
SECOND: By now, I KNOW you've heard of loan modifications, and you've probably been approached about doing them as a business, the problem with that is most of these companies charge THOUSANDS of dollars in fees, AND they are very controversial (whether they're legal or not, they probably soon won't be!) Obama AND the Florida Attorney General are telling consumers: "if you have to pay, walk away" and telling homeowners to do their own modifications. Great! Do you know anyone that's tried to do their own? One friend of mine was offered by their lender to take the $8,000 in delinquency and they'd make it a balloon payment due in September. WOWZA! That's generous! (if he doesn't have the money now, what makes them think he'll have it in a few months?). I told him to go back to them, tell them that's unacceptable, and ask "what's my next option?"
Here's a good solution where you can make a little bit of money and help your friends and clients with their modifications, totally hands off! There's a company that has written a "How To" guide to doing your own modification. It sells for $199 but there's a $20 discount for online purchasing, so it's only $179. If you refer a client, they'll give you $50 of it. That's it! No work, just send the ordering link to the client and it's done! (also, if you refer 3 clients, you'll get the kit free, and if your clients refer other clients, you still get a little commission too!). It costs nothing to sign up to be an affiliate, so what do you have to lose? I've already signed up and started attending their training webinars (they have webinars both for reps AND training for people doing their own modifications)
CLICK HERE for the site, and the promo code is R201738 (they're also going to be doing a live 3 hour training in Altamonte Springs in July... it's $199 and includes the manual/kit)
Hope they help!
Andy
p.s. If you'd like to subscribe to my weekly e-zine for real estate pros, visit www.AndyTolbert.com
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