Here's the scenario.......Listing Agent has a million dollar listing in a high end community. The property is still owner occupied and is filled with extravagant and expensive furnishings. An unrepresented Buyer approaches the listing agent and gives her an exciting story about winning the Colorado lottery. She also mentions how she has made it her life mission to adopt homeless children and give them a lifestyle that supercedes the one that they're currently living. She needed an opulently…
ContinueAdded by Vanessa Calhoun on February 28, 2013 at 5:00am — 2 Comments
Today pretty much started out as normal. I'm working diligently alongside my Assistant when I receive a phone call. This young lady is interested in a property that I'd previously listed which is now being marketed as a rental by another Brokerage. I informed her that I'd sold the property and that I no longer have any information regarding the current status of the property, but would gladly assist her in contacting the current listing agent. I look up the property in order to get the…
ContinueAdded by Vanessa Calhoun on February 20, 2013 at 6:44am — No Comments
Normally, it's customary that lightning will not strike twice....and I've become accustomed to believing that old addage to be true. In fact, I wouldn't expect anything different.....
HOWEVER, it's happened to me....I mean, the double strike of lightning! Right into my heart, nonetheless!!! First, Bayview fully approves my short sale with a full Seller's release of liability within 22 days....NOW, Greentree has done the same within 30 days!!!
Are these Servicers trying to…
Added by Vanessa Calhoun on February 15, 2013 at 6:32am — 4 Comments
In the oftentimes chaotic world of short sales, the road from initial list to closing is filled with rough terrain, speedbumps, wrong turns, u-turns, no turns, stop signs, and many detours. Nary a day I fail to hear the laments of yet another agent succumbing to the trials and toils of short sales. In fact, in my 7 years of selling everything from normal market re-sales to REO and short sales, I've dealt with many different (and often frustrating) short sale transactions. In fact, I've had…
ContinueAdded by Vanessa Calhoun on January 30, 2013 at 9:32am — 2 Comments
Added by Michael Collins, CDPE, SFR on January 21, 2013 at 10:17am — No Comments
Added by Michael Collins, CDPE, SFR on January 10, 2013 at 9:31am — No Comments
Glendale Short Sale Help
Glendale, California – Is your loan with a large Bank/Lender, for instance Chase, Well Fargo, Bank of America or Citibank? In contrast, these Banks/Lenders usually do not make the FINAL decision on your Glendale Short Sale.
Here are the reasons…
ContinueAdded by Jennifer Escobar on September 27, 2012 at 2:30pm — No Comments
First impressions matter most. This is one concept that many homeowners trying to sell their homes and first time property investors trying to sell or rent property fail to understand. Curb appeal is the first impression when it comes to a house. This is the place that you as an investor or seller want those driving buy to think of as home. For this reason you should pay careful attention and spend some degree of time and effort making the outside of the home inviting and appealing to…
ContinueAdded by Antonio Atoche on September 4, 2012 at 7:05am — No Comments
The Wisconsin housing statistics are now in for June of 2012. Here is an excerpt from what the Wisconsin Realtors Association (WRA) had to say:…
ContinueAdded by Michael Collins, CDPE, SFR on July 23, 2012 at 4:17am — No Comments
Whether you are an agent that mainly focuses on supporting buyers, sellers or both you have to do the best job that you can for whoever your clients may be. Are you working with a “good” agent or are you working with a “great” agent?
What makes a “Good” agent?
I think there are tons of “good” agents out there. A good agent is someone…
Added by Tim Brown on March 2, 2012 at 12:10pm — No Comments
One of the things that I think a lot of people have trouble with is of course procrastination. They will clean out the garage tomorrow, they will do their taxes this week, they will list their home for sale sometime soon…
We have all done it and it happens to those that want to “eventually” sell their home.
What if you could list your home today and have…
ContinueAdded by Tim Brown on January 11, 2012 at 1:15pm — No Comments
News is starting to come out about how in the last couple of weeks mortgage applications are starting to come in a bit more frequently. Realty Times is reporting that in the week ending December 2nd mortgage applications have shown a 12.8% increase while mortgage refinance applications rose 15.3%. This is a fantastic trend to be getting into as it shows that there is…
ContinueAdded by Tim Brown on December 14, 2011 at 1:27pm — No Comments
There have been some recent numbers and percentages being released concerning different polls and surveys the National Association of Realtors has conducted. These numbers work to paint a solid picture of what buyers really do care about in terms of their agent and how they are represented.
From the start you can say with certainty that people are not concerned about how…
ContinueAdded by Tim Brown on November 29, 2011 at 2:56pm — No Comments
In today’s real estate landscape buyers are often hesitant and reluctant to really make that final decision. A lot of times they get pressured into a decision. Sure they may find a house that they really like and are kind of on the fence about it. Then they start to feel pressure from what their family thinks, what their parents think, what their friends think and worst of all…
ContinueAdded by Tim Brown on November 14, 2011 at 1:47pm — No Comments
We have all seen Back to the Future Part II and all know that in 2015 we are supposed to have all these great advancements and technology…The truth is we already have most of the things they came up with in that movie. Everything except for the ever elusive flying car…but I also know that we are getting close on that too…But what about real estate…
Do you think homes being built in 2015 will be any different than today’s home? Do you think that we will miraculously adopt the…
ContinueAdded by Tim Brown on November 11, 2011 at 12:30pm — No Comments
This morning I picked up the NY Times, skimming over the headlines I found this article to be a worthwhile read. It exemplifies what happened to so many people who thought they were doing the right thing.
A great read on How a Financial Planner Lost His House: http://nyti.ms/rO86by. -- Short sale stories come from all walks of life... After a client makes their decision to short sale, we become…
ContinueAdded by Michael Ackerman, CRS, SFR, on November 9, 2011 at 6:00am — No Comments
The Obama Administration announced a series of changes to the Home Affordable Refinance Program (HARP) early this week!
The new HARP is by no means a game changer, here’s essentially what we’ve had to say about the revamped government mortgage refinancing program:
HARP 2.0, as the media has started to refer to it, has some merit, but it’s scope is…
ContinueAdded by Tim Brown on October 27, 2011 at 10:41am — No Comments
Hello All,
I've been having a BOA Short Sale since early August and have submitted everything through AMS. Appraisal has been done, list price has been determined, but PMI company has not approved it yet. I've left about 10 messages for my negotiator M. Phillips with no response whatsoever. My equator emails keep bouncing back, so my hands were pretty much tied.
That's when I took my issue to Twitter, specifically to the BofA Twitter Help Team. I tweeted my issue and the…
ContinueAdded by MeLisa Minter on October 26, 2011 at 5:18am — 4 Comments
In today’s real estate ups and downs and the pressures of either being a first time homebuyer or even a buyer that has had several transactions, there is a bit of hesitance in the final decisions being made. With…
Added by Tim Brown on October 20, 2011 at 11:26am — 1 Comment
Los Angeles, CA - Chase to buy Bank of America!!!!
After some digging in I've been told by an Attorney who's one of several attorney's working on the buy out/merger of Bank of America with Chase! What I've been told is that out Federal Government has been strategically planning on having Chase buy Bank of America for years now! It's finally coming to life..! I've been waiting off on putting this out…
ContinueAdded by Jennifer Escobar on October 4, 2011 at 11:29am — 1 Comment
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