Don’t be fooled…we’re not out of the woods yet. Although sales temporarily increased in November (and now spilling into early December), property values continue to decline nationwide. The $8000 tax credit deadline of November 30th pushed a large number of buyers off the fence and into the buying mode but it didn’t solve the real [...]
It’s here, the much anticipated plan from the Treasury Department on how to streamline short sales was announced on Monday, November 30th. Since the Making Home Affordable program has been a miserable failure thus far, the Obama administration has turned their attention from loan modifications to short sales as a way to solve the real [...]
Have you given thanks today?
For me, all thanks go to the Good Lord for the many blessings he has provided:
My beautiful daughter Alexa born 09/09/09
My loving and supportive wife Monica
My physical, spiritual and financial health
A business that has not only survived during this real estate meltdown, but has thrived beyond my wildest dreams.
So many in [...]
Analysts foresee a herd of new short sales stampeding into the real estate market between 2010 and 2012. According to data compiled by Credit Suisse Bank, hundreds of billions of dollars in Alt A loans are set to recast starting in 2010. And add in the fact that U.S. unemployment is higher than 10% and the economy [...]
We live in information overload. There are more distractions coming at you from all directions, and at all times, than at any other time in the history of humanity. This is a message that is more important for you right now than ever before. Unplug your life! Here’s how:
First things first, you need a daily [...]
The next 12 calendar days will be the most active buyer feeding frenzy in the past 2 years. So if you have a deal right now, get it on the market today….I’m talking right now, before you finish reading this! The $8000 tax credit expires on November 30th and therefore every buyer who has been [...]
Three years ago you would not have been able to find a single article in any newspaper or online publication about short sales. Today, there is an average of 5-10 new pieces each and every day. Over the course of a year, that translates to nearly 3000 different articles on short sales published every 12 [...]
In this information age, it can be very difficult to decipher between hype and reality. The good news about real estate is that a closing a statement, also known as a HUD1, separates once and for all, reality from hype. A HUD1 proves a deal is closing. Our operation has always been a HUD1 type [...]
A MEGA short sale tsunami of epic proportions is on the horizon. Five separate economic factors are all coming together at the same time to create the perfect short sale storm. And this storm looks to be generating the greatest short sale opportunity of our lifetimes. The following five surges are the backbone of this massive financial tidal wave [...]
The Department of the Treasury is just days away from announcing their new plans for short sales. Obama’s Housing Rescue Plan has focused primarily on loan modifications and with less than 12% of eligible borrowers recieving loan mods thus far, the current plan has been a dismal failure. These disappointing results have forced Washington into looking at [...]
