Curious what people are waiting for? Every short sale investor should be because the same excuses are those you are likely to encounter on a daily basis. Oddly enough, some tend to remain the same over time while others change according to the economic climate. Here are the top reasons for waiting to sell or [...]
|
||||||
|
As expected, the National Association of Realtors reported that existing-home sales showed another big gain in October, surging 10.1 percent to a seasonally adjusted annual rate of 6.10 million units in October from a downwardly revised pace of 5.54 million in September, and 23.5 percent above the 4.94 million-unit level in October 2008. Sales activity [...] Research firm First American CoreLogic says 23% of Americans with mortgages owe more than their home is worth. That’s 10.7 million U.S. mortgages, or almost 1 in 4, and another 2.3 million homeowners are within 5% of negative territory. Home prices have fallen so far that 5.3 million U.S. households are tied to mortgages at [...] Contributed by Barry Farber, www.entrepreneur.com complements of Betsy Marvin It would be great to wake up every day full of enthusiasm about moving your business forward through the sales process. But there are days when we get tired of sales calls to new prospects and feel as if what we used to love has morphed into a [...] Contributed by By: Josh Schoenly, www.realtown.com complements of Betsy Marvin After years of trial and error using Craigslist I finally created a system for consistently generating quality real estate leads for my business, and I’ve decided to share the steps in this article. Step 1: Create An Account. FHA Eases Some New Condo Lending Rules Introduction The changes impacting our industry are rampart and accelerating. Legislation is being passed is fast and furious. At times, one law seems to contradict another. One thing is for certain the target on the mortgage broker’s back isn’t going away anytime soon and now is absolutely the wrong time to take chances by not fully [...] Contributed by Rhonda Porter In a press release this morning, Fannie Mae announced a new program for homeowners who are facing foreclosure and who do not qualify for a loan modification: Deed for Lease. Distressed homeowners would complete a deed in lieu of foreclosure back to the lender anad then rent their home from the lender [...] Mortgage fraud cases under investigation by the Federal Bureau of Investigation have increased 63 percent in the past year, according to FBI Director Robert Mueller. In related news, an Interthinx report claims property valuation fraud is up 56 percent over the last year. The FBI has more than 2,600 mortgage fraud [...] Contributed by the National Mortgage Professional Pending home sales rose again, marking eight consecutive monthly gains–the longest streak since measurement began in 2001, according to the National Association of Realtors (”NAR”). The Pending Home Sales Index, a forward-looking indicator based on contracts signed in September, rose 6.1 percent to 110.1 from a [...] |
||||||
|
Copyright © 2010 AMB Blog - All Rights Reserved |
||||||