Archive for April, 2011
News Digest – April 30
Get ready for the double dip Read More at CNN.com Qualified for a mortgage? Think again Read More at CNN.com Loan officer compensation rule being given up without a fight? Read More at HousingWire.com No more gunfights, just hopes of recovery in this historic town. Read More at TucsonSentinel.com
House Bill H.R. 1526 – Good Intent, Bad Idea
Bill Posey (R-Fla.) has introduced H.R. 1526 in the U.S. House of Representatives. Under the proposed law, early distribution penalties would be waived on qualified retirement plans IF the funds are used to buy a house that has been in foreclosure for one year or more AND the purchaser holds the property for 2 or [...]
News Digest – April 23
Housing market starts to show signs of life Read More at CNN.com Read More at HousingWire.com Bill introduced to help sell houses and save for retirement at same time Read More at HousingWire.com There is room in the market for investors/flippers Read More at CNN.com Tips for buying properties at auction Read More at BaltimoreSun.com [...]
Free Video: The Defaulted Paper Tour (cont’d)
Several weeks ago, the HMB gang made a group trip to Denver. My partners had been there before and told me how beautiful it was, and I’d have to agree. But they also failed (purposefully, I’m sure) to fill me in on some very important travel tips. Here are some things I learned, and what [...]
News Digest – April 16
5 Real estate myths Read More at Business Insider.com Faster short sales to come? Read More at HousingWire.com NAHB: Budget is bad for homebuyers Read More at HousingWire.com
What Do Bon Jovi And Defaulted Bank Paper Have In Common?
Flowing blonde hair? No. An endless life span? You’re getting warmer… Industry analysts tell us that 36% of all sales are now REO or short sale, and not likely to change. Additionally, approximately 3 million REO’s have been sold thus far, with about 5- 6 million more properties to go. So, as Bon Jovi would [...]
News Digest – April 9
Loan officer compensation rule now in effect Read More at HousingWire.com Time for a vacation (home) Read More at CNN.com Wells Fargo CEO weighs in on mortgage mess Read More at CNN.com Looking for a new investment? Don’t forget about plain old land Read More at CNN.com
You’re using QR codes for your real estate business by now, right?
I should probably begin by saying that I’m a self proclaimed and unapologetic Internet and technology junky. The latest technological marvel rarely escapes my grasp. The combination of screens, keyboards, mice, and other communication devices in my office draws comparison to mission control at NASA. My tablet with 3G access is the newest addition to [...]
News Digest – April 2
Vacant properties sprouting up everywhere Read More at CNN.com FHA slow to stop lending offenders Read More at USAToday.com Seriously delinquent mortgages falling Read More at HousingWire.com
