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Bank of America Short Sale Incentive Program..Up To $30,000 Paid To YOU!

Looking for great short sale listing lead generation ideas? Thanks to Harris Real Estate University students Grant and Gia Freer for creating this video about the Bank of America Short Sale Incentive Program. Gia reported to me that they have secured 5-6 great listing leads in the first 48 hours after posting on YouTube. I have made it easy for you to replicate their success. Following the video are the key words etc that resulted in high organic search placement. EVERY HREU student needs to recreate this video asap! Urgent Short Sale Notice: Must attend Short Sale industry update. New fast [...] Click Here To View More

HARRIS REAL ESTATE UNIVERSITY Student Success! | California Agent Come Back Story

Dear Tim and Julie, Over the last 2 years I have been on your BPO/RSD Coaching program I have been able to survive the downturn of the Real Estate Market and remain in the Real Estate business just from all the BPO income that I generated with your Professional guidance. In fact, the first couple of month of the Coaching program has helped me receive many BPO assignments thus helped me to quickly get over the learning curves and after the 5th month I was averaging between $ 6,000 to $ 8,000 per month BPO income. And in the process [...] Click Here To View More

National Association of Realtors Midyear Legislative Meetings

Realtors(R) from across the country are meeting with legislators, public policy makers and industry leaders this week to address pressing concerns and issues that affect homeowners, aspiring homeowners and real estate investors everywhere as the Realtors(R) Midyear Legislative Meetings & Trade Expo begins. “As leading advocates for homeownership, housing issues and private property rights, Realtors(R) come to Washington this week ready to engage on a number of pressing issues,” said National Association of Realtors(R) President Moe Veissi, broker-owner of Veissi & Associates Inc., in Miami. “Both residential and commercial real estate play important roles in our families, our communities, and [...] Click Here To View More

Should ‘Responsible Homeowners’ Get A Bailout?

Should ‘responsible homeowners’ be bailed out? Or maybe a better question is….what exactly is a ‘responsible homeowner?’ Watch this video and share your thoughts… Urgent Short Sale Notice: Must attend Short Sale industry update. New fast close, direct assignment short sales. Learn how to become a Lender Preferred Short Sale Agent. Grab your spot for the  FREE Short Sale Industry Update Training Event. Warning: Limited space available for this industry wide event. Register now! Click Here To View More

How To Get A Mortgage Now…Required Credit Scores and Downpayments (you might be surprised)

What does your credit score and downpayments have to be inorder to get a mortgage at today’s ultra low rates? You might be surprised. 660 with less than 3% down will work if applying for a FHA mortgage. (What I found interesting was how little your credit score effects your monthly payment.) Watch this video and share your comments. Urgent Short Sale Notice: Must attend Short Sale industry update. New fast close, direct assignment short sales. Learn how to become a Lender Preferred Short Sale Agent. Grab your spot for the  FREE Short Sale Industry Update Training Event. Warning: Limited space available for this industry [...] Click Here To View More

The Return Of Home Value Appreciation | The Great Real Estate Recovery of 2012!

The return of actual..honest to God…home value appreciation.  WOW do I ever love sharing this video with you… THE RETURN OF HOME PRICE APPRECIATION (that is not based in mere inflation) The hardest hit markets that suffered through the worst of the housing crash are making the quickest come back. Share this video with E V E R Y O N E! Urgent Short Sale Notice: Must attend Short Sale industry update. New fast close, direct assignment short sales. Learn how to become a Lender Preferred Short Sale Agent. Grab your spot for the  FREE Short Sale Industry Update Training Event. Warning: Limited space available [...] Click Here To View More

How To List HUD REOs | HUD Contacts

This is the HUD national homeownership center reference for real estate industry professionals that are interested in updates to HUD Mortgagee letters, notices and guidebooks, & FHA Housing Industry Training. Please visit our homepage at: http://www.hud.gov/offices/hsg/sfh/hsgsingle.cfm Servicing lenders can visit HUD’s National Servicing Center at: http://www.hud.gov/offices/hsg/sfh/nsc/nschome.cfm This list does not provide HudHome property listings. Notice for FHA Lenders:   This message reminds and informs lenders on the source reference and data elements for 203(k) transactions in FHA Connection (FHAC) for insuring.   To obtain correct loan to values at the time of insuring for Purchases:   •           Input the value from 203kWS line C3 [...] Click Here To View More

Bank of America Principal Forgiveness Program..How To Get $150k Knocked Off Your Loan.

As reported on RealEstateInsiderNews.com several months ago Bank of America has introduced the nations first (potentially significant) Principal Forgiveness Program. Underwater qualifying homeowners could see monthly savings of up to 35 percent on mortgage payments, with principal balances cut by an average of $150,000 according to New York Times reports. The program forms part of a $25 billion settlement agreement earlier this year with 49 state attorneys general and other federal authorities. Who qualifies? The bank said it planned to contact more than 200,000 homeowners who could be candidates for the offers, sending letters to a majority of them by [...] Click Here To View More

REALTORS® Ease Closing Cost Woes in N.Y.

Closing costs in New York state are high, so you can imagine that coming up with the money for first-time buyers is a challenge. That was a problem the New York State Association of REALTORS® identified several years ago, and it took steps to do something about it by creating the NYSAR Foundation and its [...] Click Here To View More

Factoring In Inflation..Homes Are Back To 1895 Values (Video)

Waiting for housing prices to rebound? Don’t hold your breath… so says SmartMoney’s Jack Hough who pulls up a chair on Mean Street and points out the truth in numbers. When will U.S. house prices recover? Likely never. But that’s no reason not to buy. The latest S&P / Case-Shiller numbers, reported last week, show that prices in 20 major markets declined 3.5% over the year through February. They’re now back to 2002 levels. If we subtract for inflation, they’re back to 1998 levels. Agents, watch this video and share your comments… Urgent Short Sale Notice: Must attend Short Sale industry [...] Click Here To View More

Welcome To The End Of The Great Housing Crash..Hardest Hit Markets In US Now Turning Positive..

Ask any Real Estate Industry observer and all seem to agree on this one point…this could be the best time to buy a home in our life times.  Bold statement, I know. Considering the historically low interest rates and the (over correction) in home prices there can be little doubt that if you can…buy now. Another great CNBC video from Diana Olick: Urgent Short Sale Notice: Must attend Short Sale industry update. New fast close, direct assignment short sales. Learn how to become a Lender Preferred Short Sale Agent. Grab your spot for the  FREE Short Sale Industry Update Training Event. Warning: Limited space available [...] Click Here To View More

#1 RE/MAX Agent Featured | Harris Real Estate University Superstar Interview

ATTENTION: ALL AGENTS SUBJECT: HARRIS REAL ESTATE UNIVERSITY SUPERSTAR INTERVIEW. FEATURING: #1 RE/MAX AGENT, CHRIS TOWNSON * HARRIS REAL ESTATE UNIVERSITY, Chris Townson Interview, CLICK TO LISTEN REPLAY TO THE  NOW… Who is Chris Townson? #1 REO Agent for all of RE/MAX REOMAC & NAHREP Member * HARRIS REAL ESTATE UNIVERSITY Superstar. Equator Certified Platinum Agent Pre-Foreclosure Specialist Certified (PSC) Number 1 REO Agent RE/MAX 2009 Top 7 Sales RE/MAX United States 2009 Top 15 Sales RE/MAX Worldwide 2009 For most Realtors, a drop in market activity and a rise in foreclosures is indicative of bad times to come. In March, notices of default [...] Click Here To View More

Atlanta Market Nears Bottom, Short Sales Agents Dominate

Harris Real Estate University has 100s of students in and around the Atlanta area…this video is a very accurate representation of what is happening now in Atlanta. Bottom line: Short Sales dominate the market and the upper end sellers are embracing short sales. Did you know that HREU offers short sale training specifically focused on upper end, luxury home owners? Read more about the HREU Lender Preferred Luxury Distressed Property Designation.  Urgent Short Sale Notice: Must attend Short Sale industry update. New fast close, direct assignment short sales. Learn how to become a Lender Preferred Short Sale Agent. Grab your spot for [...] Click Here To View More

What Is Cash For Keys? | How To List REOs, BPOs

Harris Real Estate University Cash for Keys (CFK) check list. (Thanks to the HREU REO/ BPO coaching staff for creating this check list) What is Cash for Keys? (CFK) CFK is an alternative to the successful legal conclusion of the eviction and lockout process and offers the occupant an opportunity to voluntarily vacate the property, left in good and broom swept condition, in exchange for a negotiated payment. The evictions process continues as CFK is negotiated, so the occupant has the choice to accept CFK or continue through eviction. Offering Cash for Keys Approaching the Occupant(s) * Remember: making contact with an occupant may [...] Click Here To View More

Bank of America Valuation Dispute Process Change

Process Refined for Valuation DisputesBank of America has refined the process for settling valuation disputes during a short sale.   The value of a property is established by independent third-party vendors shortly after a short sale is initiated. Occasionally, however, a listing agent may wish to contest that value. When that occurs, there is now a revised process for reconsidering the value. WARNING: Short Sales…love em or hate em…they are here to stay! Go beyond the basic ‘expert’ short sale designation. Watch the FREE 2012 Agent Short Sale Secrets video and download the FREE Short Sale training guide.NOTICE: Free book guaranteed for [...] Click Here To View More

Homeownership Rates Continue To Drop Despite Perfect Buyers Market

Homeownership rates continue to drop from the record 2004 levels as millions of Americans recover from the popping of the real estate bubble. Its not surprising that the trend towards renter-ship has picked up pace. Remember, thus far close to 4 million owners have lost their homes to foreclosure, 6 million are currently in default and its predicted that 11,000,000 are currently underwater in their homes. Sobering statistics that point to a long road to a true housing recovery. Urgent Short Sale Event: Must attend Short Sale industry update. New fast close, direct assignment short sales. Become a Lender Preferred Short [...] Click Here To View More

Fantastic Breaking News: Highest Q1 Pending Home Sale in 5 YEARS! (Video)

Fantastic Breaking News…Highest First Quarter Pending Home Sales in 5 YEARS! THIS is the exact news that the Big Banks have been waiting for….expect a significant INCREASE in REO listings and Short Sale approvals over the next 12 months. Bottom line, this IS the bottom of the 7 year housing crash (thank God!) Here is the full report from our friends at the National Association of Realtors: (CNBC Video follows) Pending home sales increased in March and are well above a year ago, another signal the housing market is recovering, according to the National Association of Realtors(R). The Pending Home [...] Click Here To View More

YES You Can…Buy A Home Immediately After You Short Sale Your Home!

Short Sale Today….Buy Another Home Tomorrow… Here’s how: FHA allows borrowers to be eligible for a new FHA loan even if they just recently sold their principal residence with a short sale. Urgent Short Sale Notice: Must attend Short Sale industry update. New fast close, direct assignment short sales. Learn how to become a Lender Preferred Short Sale Agent. Grab your spot for the  FREE Short Sale Industry Update Training Event. Warning: Limited space available for this industry wide event. Register now! Almost every lender will tell you there is a 3 year waiting period as most lenders will not allow this program to be used [...] Click Here To View More

Surprise 7% Drop In New Home Sales (Video)

The headline: 7% Drop In New Home Sales SIGNED contracts. (But, its not all bad news…read on) “The drop in sales last month was disappointing, but it’s probably payback from the usually mild weather” “In hindsight, the favorable weather and the improving job market should have translated to favorable numbers for February and the revisions now show that.” However, there are still many positive signs in the overall housing market: Another report showed home prices in 20 U.S. cities dropped at a slower pace in the year ended February, pointing to stabilization in the real-estate market. The S&P/Case-Shiller index of [...] Click Here To View More

Home Values Back To 2001 Price Levels..Has The Market Finally Hit Bottom? (Video)

Home values now at 2001 values. 10+ years of home ‘appreciation’ gone. Unquestionably, a great time to be a home BUYER! I doubt if any regular Real Estate Insider News readers (or HREU Students) will find this video surprising. It IS interesting where markets are still losing the most value. Be warned, every indicator that we watch is pointing to a second half 2012 slow down for home sales. The predictable election year malaise will over shadow almost everything. Add to this the fact that the banks are finally setting the stage to sell off their REOs in significant quantities. [...] Click Here To View More

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