Non Verbal Cues During Negotiations in Real Estate Investing
Saturday, June 26
Negotiations is not a science, rather it is an art and the degree of success most often depends on the negotiator’s knowledge and application of various tips, strategies, and tactics. No matter how good you are, you will not always be able to produce a successful negotiation. Some negotiations ...
Do Short Sales Benefit Local Communities?
Friday, June 25
Short sales are a prevalent strategy in this economy due to the high unemployment rates, high amount of rate increases for option adjustable rate mortgages, and dropping property value. Many people look at short sales as problematic in a community. The rationale is that since the investors need t...
Fannie Mae to Crack Down on People who Walk Away from Homes
Friday, June 25
Fannie Mae is looking to create penalties for people who partake in a 'strategic walkaway' from their home or investment property. A strategic walkaway is when a homeowner is perceived by some unspecified standard to be able to afford a property yet chooses to allow it to go into foreclosure.Fan...
Why Aren't Loan Modifications Working Better?
Monday, June 21
CNN Money wrote an article detailing that 3 out of 4 modified loan modifications are expected to default within the next 12 months.The theory of loan modifications was flawed to begin with. It seemed popular to blame unscrupulous loan originators, greedy Realtors, or ignorant home owners getting...
Effective, Free Lead Generation Program
Sunday, June 20
One of the best ways for new investors or investors new to a territory to locate a property is is farming an area yourself. Farming an area is the most effective way, yet can be both difficult and time consuming. What farming an area yourself means is that you should establish a territory and ...
Homebuyer Tax Credit Extended
Thursday, June 17
The Senate added an extension to the Homebuyer Tax credit to the jobless bill that was just approved Thursday by a vote of 60-37. This bill would give buyers an additional 3 months, or until Sept. 30, to complete their purchases and qualify for tax credits of up to $8,000. Under the current term...