Many people across the nation find themselves in a situation where they owe more than their home is worth and they are wondering what their best option is.
Should they short sell their house?
Should they try to get their loan modified?
Should they let their home go into foreclosure?
Should they just keep making their payments?
All of the [...]

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Commentary

The American People and Hard Times

by Jeff Brown | March 9, 2010

I was born in the summer of 1951, one of those Boomers who’ve lived the transformation from simpler, more innocent times, to the hi-tech, instant everything, get outa da fast lane if ya can’t go 80, in-your-face 21st century. 1951? Maybe the best debut year in post WW II Major League Baseball, as both Mickey [...]

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Realtors

Sex, Lies and the MLS: Why What You See is Not Always What You Get

by Florence Foote | March 9, 2010

I believe most people, and even most Realtors, are fundamentally honest. Not only are there moral reasons for telling the truth, but these days, given the number of lawsuits that arise from real estate transactions gone wrong, it is simply good business to be honest. Thus, I am continually amazed by what I [...]

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Economy

NAR Chief Economist Comments on Housing

by Ryan Hinricher | March 8, 2010

Realtor Magazine recently interviewed NAR Chief Economist, Lawrence Yun.  Lawrence gave a glimpse into the recent decline in Pending Homes Sales, impact of weather on the real estate market, new home sales, and the ending of Mortgage Backed Security purchases by the Fed.   Here’s a recap of the interview.
On Pending Home Sales
January’s Pending Home Sales [...]

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Real Estate

Real Estate Lessons From A Monkey

by Richard Warren | March 8, 2010

What can a monkey teach you about real estate? Quite a bit. To be clear, we
 are talking about a real, live, honest-to-goodness monkey.
Once a month or so my wife and I volunteer at a local, non-profit zoo in our area. A week ago I was helping them convert a storage building in to a gift shop. [...]

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Real Estate Marketing

How a Simple Real Estate Video With This Ingredient Can Explode Your Real Estate Business

by Peter Kolat | March 7, 2010
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One of the most underutilized marketing strategies in the real estate industry is viral marketing.  Yet, this strategy can bring you a lot of buyers, sellers and private money investors.
But what is viral marketing?  Why should you bother with it?
Well, according to wikipedia, viral marketing is:
The buzzwords viral marketing and viral advertising refer to marketing [...]

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Real Estate

Why Never Taking ‘No’ For an Answer Will Make You Wealthy

by Jason Hanson | March 7, 2010

My latest deal will show you how to make more money, even on leads you thought were dead. But first, it amazes me how many people hear the word ‘no’ and give up so quickly. It’s because society has brainwashed us since we were little and few people ever overcome this brainwashing. (But those who [...]

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Real Estate News

The Ten Best in RE.net This Week: Mar. 6, 2010 Edition

by Dean Ouellette | March 6, 2010
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1 ) CDPE – Certified Disaster of Proportions that are Epic – So I don’t make it a secret that I am not a big fan of designations. I think designations are mostly a way for NAR to make money every year with renewal feels for continuing to use those designations, than they [...]

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Real Estate

Top 3 Real Estate Ads and 3 Powerful Competition Crushing Letters (Part 2)

by J. Lamar Ferren | March 6, 2010
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Although last week’s post didn’t generate a huge response (I think I know why…) I’m going to stick to my word and give you my opinion on the most unique ads I feel probably generate the most leads based on the competing ads I laid out last week.
I’m also going to give you some tips [...]

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Real Estate Investing

A Tale of Two Real Estate Joint Ventures: Success vs. Failure

by John Fedro | March 6, 2010
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The old saying goes “two heads are better than one.”  Out of all the real estate transactions I have been a part of, some of my favorite deals were the JV deals I have done with a partner.  Working a real estate investing deal with someone else can greatly increase profits, productivity and results.  
I [...]

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green real estate

Why Smart Investors are Going Green

by Jim Simcoe | March 5, 2010
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I am a tree-hugging capitalist.
If you’re a real estate investor, you should be as well.  Going green is the single greatest advantage for any real estate investor in any real estate market. 
Why?
Four main reasons:
Bigger Pockets- Put simply, green properties sell (or rent) faster and for more money.  Green properties cost less to operate [...]

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Real Estate Wholesaling

How to Sell Your Wholesale Real Estate Deals in 7 Days or Less

by Stephani Davis | March 4, 2010
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Last week I put a property under contract with the intent of wholesaling it to one of the investors on my buyers list. Unfortunately, the guy I had in mind for the property ended up passing on the deal, and so did everyone else on my list.
I started to sweat a little bit, but knew [...]

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Commentary

Change is Invetiable… Your Success in Real Estate Is Not!

by Peter Giardini | March 4, 2010

I got a phone call yesterday from one of my clients.   This client doesn’t make millions, yet she has studied her market, picks her deals carefully, has learned to manage the entire process with precision, and her profits continually reinforce her approach.
In short, she is successful!
So, why would she be calling with essentially this question; one that [...]

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Realtors

Traits of a Great Real Estate Agent

by J Scott | March 3, 2010
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Last week, my BiggerPockets.com blog article discussed the pros and cons of “Getting Your Real Estate License”…
With that post in mind, I wanted to throw out some additional thoughts for those people who want to or plan to get their license to buy/sell their own properties. While the logistical parts of being a real [...]

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Financing Real Estate

What’s ‘Good’ Leverage? Maybe Not What You Thought

by Jeff Brown | March 2, 2010

“So, tell me about that deal you were talkin’ about last weekend. How’d it go?”
“Man, got some incredible leverage — just 10% down, owner carried a monster second, and get this — the interest is just 6%. No credit check, not nothin’. It closed Friday, and I’m jazzed.”
“Geez, sounds good, but with so little down, [...]

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