Major Mortgage Investors Not Happy with the Banks
Monday, November 01
Reuters is reporting numerous major mortgage investors are banding together to seek both answers from the major banks and possibly even legal pressure to buy back a huge sum of bad loans. This all comes as the continued fall-out from sloppy foreclosure paperwork banks have been using to foreclo...
What is the Tipping Point for Waiting to Buy a Home?
Thursday, October 28
Just how long is too long to wait to buy a home with current market prices and conditions? For those real estate investors and would-be home buyers, at what point do you get off the fence and make a purchase? For those waiting to find the best real estate bargain, you have to figure o...
What If Everyone Refinanced?
Thursday, October 28
Think about it. What if everyone who were decent credit risks were suddenly able to refinance from higher rates to the current 3.75 to 4 % rate? What would this mean for our economy? For the real estate market as a whole? Let’s say each person saved 2 % on their mortgage interest rate and thi...
Largest Banks Each Hold Some $20 Billion in Foreclosed Notes
Thursday, October 28
Say what you will about the current foreclosure paperwork signing mess, the banks are still holding a ton of sour mortgage notes. At least that’s the analysis of Weiss Ratings, an independent ratings agency covering the financial sector. It released data this month that JPMorgan Chase, Wells ...
15 Ways to Generate Motivated Seller Leads: #10
Thursday, October 28
Bandit signs are essentially hundreds of mini billboards. Better than billboards, you can target place the bandit signs at high traffic intersections in your prime interest areas without the cost and long-term commitment. Bandit signs are truly one of the best ways to reach a mass audience. ...
How Much Longer Should I Focus My Business on Short Sales?
Wednesday, October 27
Are you forward thinker? Are you already projecting ahead to determine the direction of your business for the next couple of years to come? Are you laying out the groundwork for 2011? For a well-diversified business, your 2011 projections should most certainly include short sales. The oppo...