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
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
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
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
The Return Of The ZERO Down, 1%, 33 Year Mortgage (Video)
The return of the ZERO Down (low income) mortgage loan…. ….Rural Development Direct 502 Loans require no down payment and no private mortgage insurance. Loan amounts can be up to 100 percent of the appraised value. Terms are typically 33 years with interest rates as low as 1 percent (interest rate varies according to income). Rural Development’s 502 Direct Loan program provides a “one of a kind” opportunity for income eligible, creditworthy, rural individuals and families by making home ownership an affordable dream. There are Income limits vary depending on the property location and the family size. The total household [...] Click Here To View More
Spring 2012 Homes Sales Expected To Set Records!
Great News for housing…FINALLY! Home sales in the U.S. probably climbed in January to the highest level since May 2010, adding to evidence the housing market is regaining its footing, economists said reports this week will show. Combined purchases of new and existing houses rose to a 4.97 million annual rate from 4.92 million in December, according to the median forecast in a Bloomberg News survey. Claims for jobless benefits held near the lowest level since 2008, bolstering consumer confidence, other reports may show. A strengthening job market, combined with record affordability driven by the drop in home prices and mortgage [...] Click Here To View More
Multifamily Housing Demand to Outpace Production
By Erica Christoffer, Multimedia Web Producer, REALTOR® Magazine Developers of multifamily homes should be relishing in the fact that demand is incredibly strong. But in reality, developers are struggling to build new apartments because financing is so hard to come by. The National Association of Home Builders is forecasting the construction of 208,000 multifamily residences [...] Click Here To View More
Listings Syndication Battle Hits A Nerve, Industry Responds
Reposted from a great Orange County California Realtor’s blog..Thanks LINSEY PLANETA I’ve been listening to the conversations about syndication for months. What began as quiet rumblings, have now become giant roars as Abbott Realty Group (watch Jim Abbotts video NOW) pulled the plug on syndication of their listings to the 3 major real estate sites, only a few months behind Edina Realty. I find it particularly interesting that a relatively small boutique company pulls their listings and it garners such impassioned response from my industry friends. I cringe to think of my Facebook feed if it were a broker of [...] Click Here To View More
Short Sale: The Best Solution To Avoid Foreclosure
HARRIS REAL ESTATE UNIVERSITY Students (and future students) share this video, tweet it. This video answers very common questions owners have about what to do with an underwater home. Remember, effectively 50% of ALL OWNERS with a mortgage are now underwater. Think about that…in most real estate markets every other home is underwater! Be the agent with the solution to help that owner avoid a foreclosure… 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 [...] Click Here To View More
Its Official: 2011 Was The Worst Year For New Home Sales…EVER! (Video)
After a welcome week of seemingly positive housing news….now, its back to reality. Its official: 2011 was the WORST YEAR for new home sales in U.S. History. (like we didn’t all know that already, right?) To the facts: * 1 out of every 5 homes sold in 2011 was a foreclosure * New home sales dropped in December * Home values are still on the decline (3-5%) * There will be a new wave of foreclosures in 2012. Remember that whole robo-signing mess? The states A.G.s are in the final stages of settling the massive suit with the nations largest [...] Click Here To View More
How To Buy A Home After A Short Sale | Agent Short Sale Designation
How to buy a home after a short sale……can it really be done? The answer is yes (and it depends). The short answer (pun intended) is that you CAN buy after a short sale. However, if you missed payments prior to the short sale you are out of luck. It seems that the short sale itself isn’t the end of the world (according the current lending standards). Missing payments prior to the short sale is what hurts your credit.. Dear Dr. Don, We were forced to do a short sale with our home due to a huge salary cut. Our [...] Click Here To View More
Bank of America Short Sale | Florida Enhanced Short Sale RELO Program
The Florida Enhanced Short Sale Relocation Assistance Program has been extended to Dec. 12, 2011. This program offers enhanced relocation assistance to help encourage homeowners to engage with Bank of America on a pre-offer short sale. Homeowners may be eligible for relocation assistance between $5,000 and $20,000.* 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. DOWNLOAD NOW>>>> Eligibility: · Homeowners with property in Florida · Short sales initiated without an offer between Sept. 26 [...] Click Here To View More
Surprise Increase In New Home Sales | 2012, Real Estate Recovery?
Good News for housing! New Home Sales actually INCREASED…. According to data released this morning by the Commerce Department, sales of new homes hit a seasonally adjusted annual rate of 307,000 in October, up 1.3% from the previous month and up 9% from October 2010. While demand is still weak — in a healthy housing market roughly one million new homes sell each year — some experts see the uptick as a sign the long-suffering new home market may be on the mend. WARNING: Short Sales…love em or hate em…they are here to stay! Go beyond the basic ‘expert’ short [...] Click Here To View More
Short Sale Your Home, Owe Taxes? | Mortgage Forgiveness Debt Act Expiring
WARNING: Unless extended the much lauded Mortgage Forgiveness Debt Act expires end of 2012. If you have underwater owners on the fence about when to list their homes as a Short Sale (to avoid a foreclosure) they must act before its too late… ….there is no guarantee the the Forgiveness Act will be extended into 2013. Bottom line, take action now! From MarketWatch.com Thirty-five percent of current clients surveyed by YouWalkAway.com said that they’re walking away from their homes sooner because of the upcoming expiration of the Mortgage Forgiveness Debt Relief Act at the end of next year, according to [...] Click Here To View More
Foreclosure Fraud Victims Can Now Fight Back
Do you think you (or a client) were wrongfully foreclosed on? Now there is a way to fight back. Well, sort-a. In this video are the details of a new program where owners who lost their homes to foreclosure can obtain possible restitution. Will it work…can lenders actually police themselves and admit fault for their foreclosure mistakes (let alone potential fraud)?. If you think the lenders are slow to get their shadow inventory for sale…or slow to process short sales….just wait to see how slow they will be to process claims against THEM for foreclosure mistakes. WARNING: New 2012 Short [...] Click Here To View More
Details Leaked: New Underwater Owner Bailout Program
Loan Modifications. If loan mods didn’t work the first time….why not try again! …yet another well intentioned ‘save housing- loan modification’ program is being discussed’. Like all the others, this one won’t work. The States A.G.s are in heated negotiations with the big banks. The big banks are doing everything they can to make it so they are off the hook for future mortgage related law suits. The states are trying to create a settlement that will help as many troubled homeowners as possible…here are the details (and watch the video) Here is what you need to know: Point: Being [...] Click Here To View More
Urgent Breaking News: Dramatic INCREASE In Short Sale Approvals
As promised, there has been a DRAMATIC SHIFT in banks doing short sales. Harris Real Estate University students (and future students) I have a simple question for you… ….what are YOU DOING NOW to take advantage of the changes happening now for short sales? In 2012 the demand for agents who know how to actually list and sell short sales is going to be insane. I have NO DOUBT that the banks are going to do everything they can to get as many short sales through to avoid foreclosures. Why the change in policy..or at least why are banks now [...] Click Here To View More
Will Lower FHA Loan Limits Equal Fewer Home Sales (Video)?
National Association of Realtors warned all of us…did we listen? As NAR expected the lower FHA loan limits has results in the number of mortgage applications to BUY a home to nose dived. Effective September 30th 2011 the maximum loan limits for FHA insured loans is dropping. Depending on your market that could matter a little or not at all. In the highest priced areas of the US the loan limits have fallen by nearly $100,000! Its now estimated that 90%+ of ALL new home loans are FHA mortgages. Starting October 1, 2011, today’s high-cost conforming loan limits will be [...] Click Here To View More
2011-2012 Home Value Predictions (Video) | New American Dream to RENT a Home?
QUESTION: Why do 3% of the agents make 97% of the money? Answer: They are making money NOW doing REOs and BPOs…why aren’t you? Watch the FREE Agent REO Secrets video and grab the NEW FREE REO/ BPO Book. NOTICE: Free book guaranteed for the first 100 agents only. Click Here To View More
Short Sale Questions Answered | Radical Change To Credit Reporting Following Short Sale
Harris Real Estate University ASD (Accredited Short Sale Designation) students…what follows is a question (and answer) I recently received from an underwater owner. Share this post everywhere. Its critical that folks know the facts about their options. Q. Can I do a short sale even if I am current on my payments and can afford the payments? (If so, can you refer me to one of your Harris Real Estate University ASD agents?) A. The quick answer is Yes (and yes). Can you short sale your home even if you are not late on your mortgage and may be able to [...] Click Here To View More
Agent Education, Breaking Real Estate News, Financing, Financing News, foreclosure, Foreclosure, REO, Short Sale News, Foreclosures, Market Conditions & Predictions, NAR News, National Real Estate News & Comment, Real Estate Advice, Real Estate Analytics, Real Estate Coaching & Market News, Real Estate Industry - #1 real estate coach, #1 realtor coach, Breaking Real Estate News, distressed property designation, harris real estate university, HREU, strategic short sale, tim and julie harris