One of the agents in our office is also a Mortgage Broker in fact many of them are. Kishore keeps me entertained with updates on things like this. He is a resource for many things and we enjoy him most when he is the "good news motivator" His upbeat attitude cheers all of us. His email yesterday said 56 days. So today is Sunday and that means we are now at 55 days. He believes that it will not be extended again and thinks that the government is now focused on Health Care so there won't be much attention placed in our direction.
I asked our Webmaster if he could add a countdown clock to the front page of our website. It is still in construction-phase 1. I did ask after midnight so it probably won't be there very quickly but, if you care to check sometime the site is:
http://www.mastermindclass.com Richardson, TX. We have been discussing the result of this not being extended and concur that the Distressed properties will still be of interest and the investors will still be shopping. For the past two months many agents in our office have been completing the CDPE and SFR designations to hone their Short Sale skills. With any luck this will be like the weather forecast instead of a hurricane we will just get a bit of rain!
Remember the old saying about you either Fail to plan or Plan to Fail. Let's make a plan, just in case! What about the 203K mortgages? Local incentive plans? USDA? Time to brush up on all of them and get a plan together. Oh by the way...have you noticed how many investor seminars are happening in your area?Might be fun to check out Might be a place to shop for a few "investor, buyer, seller types" to match up with your short sales? Spring is just around the corner and we are Sales people-we are going to be ready for some Sunnier days!