WASHINGTON, DC, May 18, 2012 — The next two decades in housing markets depends largely on the Echo Boomers. That’s according to panelists at the “Shifting Demographics and Housing Choice: A Whole New World?” session today during the Realtors(R) 2012 Midyear Legislative Meetings & Trade Expo here. There are approximately 62 million echo boomers in the U.S. Also called “millennials,” echo boomers are currently ages 17-31. According to the 2011 National Association of Realtors(R) Profile of Home Buyers and Sellers, younger home buyers — those ages 18-34 — represent 31 percent of all recent home purchases. “We know that although [...] Click Here To View More
HARRIS REAL ESTATE UNIVERSITY Free Educational Event | How To Be Motivated EVERY DAY!
Question: What the heck are all these agents ranting and raving about…? Answer: They just attended the Harris Real Estate University Superstar Interview. The Topic is: 10 No-Brainer Motivational Secrets, How To Be Motivated Every Day! Listen NOW to the FREE 60 Minute Real Estate Training Event. Andy Golding – Sedona-Cottonwood, AZ Thanks for a great program–lots of worthwhile topics covered…and covered well! Roberta - Thank you Tim for all of the energy you spent and I’m truly motivated! Sharri - Small changes over time make a big difference. Thank you for sharing.. Sharon – San Bernardino WOW! Right on point. Recently had [...] Click Here To View More
Breaking News: New Foreclosures Fall, Short Sales Closing Faster…Housing Recovery Here?
New foreclosure report (video) is equally good and bad. First the good (great?) news: * The real estate market has clear hit bottom and now is showing some signs of life. Inventories of homes across the US are decreasing. * New mortgage delinquencies saw the largest drop ever under finally back to the historical long-term average of around 3.1%. * In most markets home sellers are receiving multiple offers. * HREU students are reporting their short sales are closing in less than 45 days. And Now…the bad news: * Loans in the foreclosure process are rising, now 4.9% * FHA [...] Click Here To View More
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
Bank of America Short Sale Assistance Program Pays Sellers Up To $30,000!
Short Sale Agent Update Limited Time OfferMay 15, 2012 Short Sale Relocation Assistance Program: Your clients could receive $2,500 to $30,000 in relocation assistance Your financially distressed clients want to avoid foreclosure. You want to help them. So do we!That’s why Bank of America is excited to announce that for a limited time, we are offering enhanced relocation assistance payments in which qualified homeowners who initiate a short sale without an offer could be eligible to receive $2,500 – $30,000* in relocation assistance and owe no more on their mortgage with the sale of their property. Don’t miss this limited-time offer to get your distressed clients [...] 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
Decline In Foreclosures Due To Market Recovery? (Must Read Report)
Foreclosure Activity Declines Hurting Investors April 2012 Foreclosure Starts declined across our coverage area wiping out the small gains in new foreclosure filings last month. In California, Notice of Default filings are down 69.8 percent from the pe... 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
Titanium Solutions No Longer Charging Referral Fees To Agents.
Many top Harris Real Estate University students are also Titanium Solutions HRCs. Recently Titanium changed their policy on referrals fees… More money in your pocket for Short Sales – HRCs are no longer required to pay a referral fee on listings resulting from most Titanium assignments. Effective immediately: HRC’s will no longer have to pay a referral fee on closings resulting from most Titanium Solutions assignments. We are working with clients on “short sale listing” assignments that will require a referral fee, but for the majority of assignments, where the objective is to attempt a warm transfer or pick up [...] 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
Flood Insurance: Don’t Give Lenders One More Reason to Say ‘No’
NAR President Moe Veissi told a panel of U.S. senators yesterday that the last thing the housing market needs right now is another reason for lenders to decline your client’s mortgage loan application. “Tight lending standards remain a problem,” he told the members of the U.S. Senate Banking Committee subcommittee on economic policy, “and we [...] 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
Corelogic Reports Stabilization and Lift In Home Prices.
CoreLogic CLGX -0.46% , a leading provider of information, analytics and business services, today released its March Home Price Index (HPI®) report which shows that nationally home prices, including distressed sales, declined on a year-over-year basis by 0.6 percent in March 2012 compared to March 2011. On a month-over-month basis, home prices, including distressed sales, increased by 0.6 percent in March 2012 compared to February 2012, the first month-over-month increase since July 2011. Excluding distressed sales, month-over-month prices increased for the third month in a row. The CoreLogic HPI also shows that year-over-year prices, excluding distressed sales, rose by 0.9 percent in March [...] 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
Rapper ‘Vanilla Ice’ Offers Tips on Flipping Houses | Return Of The House Flipper
I will admit it, watching The Vanilla Ice Project is a ‘guilty pleasure’. Mr. Vanilla Ice Rob Van Winkle is is doing very well for himself, improving neighborhoods, employing dozens of people and motivating folks to get back into real estate. Vanilla Ice started filming a reality television series called The Vanilla Ice Project which premiered on DIY Network on October 14, 2010. The season is focused on renovating a house in Palm Beach, Florida with each episode dedicated to a different room in the house. In 2011, Van Winkle published a book on the subject,Vanilla Ice Project – Real Estate Guide on how to succeed in [...] 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
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