Twas the Night Before Short Sale Christmas
Thursday, December 16
Twas the Night Before Short Sale Christmas By TC McClenning for www.ShortSaleDailyNews.com Twas the night before Christmas, and all through the short sale Not a deal was closing, no matter how stale. The families were packing, hoping to hear Of an offer approval, by their agent so dear. The Real...
Stricter Appraisal Standards on the Horizon
Wednesday, December 15
One component of the Dodd-Frank Wall Street Reform and Consumer Protection Act (passed this summer) will affect future appraisal requirements. Appraisers and appraisal management companies will have new requirements that are aimed at making sure home valuations are both fair and accurate....
How Do You Eat a Real Estate Elephant?
Wednesday, December 15
One bite at a time….. Building a real estate business in today’s market can seem like a daunting task. Do you sometimes feel overwhelmed? The different hats and directions each of us need to tackle on a daily basis for consistent growth can give even the best in the biz an “I’m sinking in qu...
1 in 3 Americans Have Credit Scores Below 620
Wednesday, December 08
With one-third of all Americans in possession of FICO credit scores below 620, it has created a huge challenge to qualifying for a mortgage or home refinance. Borrowers under 620 are generally considered sub-prime. The FHA says it will only guarantee loans to qualified borrowers with FICO sco...
Will National Foreclosure Standards be the Next Move?
Tuesday, December 07
The Governor of the Federal Reserve, Dan Tarullo, spoke before the Senate Banking Committee last week and urged Congress to set up national foreclosure standards. Tarullo detailed how examinations from regulators have uncovered numerous deficiencies in both the servicing and foreclosure proce...
Prospecting for Leads… What Do You Mean... "You Just Don't Get It?"
Thursday, December 02
What the h-e-l-l do you mean, “you just don’t get it”? Agents, look, if you want to make it in real estate in this market or any market, you simply MUST be prospecting on a daily basis. What is prospecting? It is picking up the phone to make a living. To go a little deeper….Prospecting is re...