More Great Housing News….get ready for this Spring and Summer housing markets to absolutely BOOM! QUESTION: Why do 1% of the agents make 99% 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
Chris Heller K/W President | HARRIS REAL ESTATE UNIVERSITY Motivational Thought
HARRIS REAL ESTATE UNIVERSITY Superstar and Keller/ Williams President Chris Heller asked for me to share this with you… Dear friends and colleagues, here is a thought I shared with my team and wanted to pass it on… Keep going When you have a long way to go, keep going. When you’ve almost reached the goal, keep going. Success is achieved by those who simply do whatever it takes to keep going. All it ever takes, is taking the next step. Important Notice: FREE REO/ BPO Training video and book now available. New for 2012 video will show you how to make [...] Click Here To View More
Too Many Homes For Sale..Tear Them Down! (Video)
As we reported over 4 years ago…in many parts of our country the best solution for unsold homes is to simple tear them down. Don’t be surprised to see entire blighted subdivisions and incomplete high rises leveled. Here in Vegas there are dozens of would of been mid and high rise condo buildings that are slowly going back to the earth. Their exposed steel frames and internals were not designed to withstand the scorching desert heat. For example, on the Vegas strip there is an steel framed high rise that has become such and eye sore the city has covered [...] 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
HARRIS REAL ESTATE UNIVERSITY PRESENTS: Superstar Interview Topic, Lead Follow Up Rules
Harris Real Estate University Presents: Relentless Lead Follow-Up. Join Tim and Julie Harris for this week’s FREE Superstar Interview. This week’s free training call is all about effective lead follow up. Harris Real Estate University estimates that the average agent loses a minimum of 10 sales per year to ineffective, inefficient lead follow up. In this market, agents must know exactly what to say and how to say it to set maximum appointments. The more appointments you set, the more money you’ll make, it’s that simple. What is included in today’s powerful session? Lead follow up scripts and your lead [...] Click Here To View More
Big Bank Foreclosure Fraud Settlement: How To Collect Your $2000 (Video)
Big Bank Foreclosure Fraud, Robo-Signer Settlement Now the big question is…. Who gets what? At least $10 billion will go toward reducing the principal for borrowers who are delinquent or underwater borrowers at risk of default. That is in stark contrast to President Obamas recently proposed housing re-fi program that disallowed owners who missed more than one payment. Remember, its estimated that in order to completely wipe out ALL of the negative equity for the 11,000,000 underwater owners it would cost…700-800 BILLION. Cold hard fact is that one in five Americans with mortgages are underwater. On average, these homeowners are underwater [...] Click Here To View More
Federal Mortgage Servicing Settlement FAQ | How To Make Your Claim
HARRIS REAL ESTATE UNIVERSITY STUDENTS (and future students) share this information with all of your clients, share on Facebook, your blog…everywhere. Q: What is a mortgage servicer and how do I know who services my loan? A: A mortgage servicer administers mortgage loans, including collecting and recording payments from borrowers. A servicer also handles loan defaults and foreclosures, and may offer loss mitigation programs to assist delinquent borrowers. The company that you make your monthly payment to is your mortgage servicer. Your mortgage servicer may or may not be a lending institution and may or may not own your loan. [...] Click Here To View More
HARRIS REAL ESTATE UNIVERSITY PRESENTS: 4 Stages Of Learning
HARRIS REAL ESTATE UNIVERSITY PRESENTS: * 4 STAGES OF LEARNING. * Join Tim and Julie Harris for this FREE real estate industry training event. * LISTEN NOW TO INSTANT FREE REPLAY: http://InstantTeleseminar.com/?eventid=26342031 * This is the outline for this free training event: The Four Stages of Mastery in Real Estate 1. Unconscious Incompetence The individual does not understand or know how to do something and does not necessarily recognize the deficit. They may deny the usefulness of the skill. The individual must recognize their own incompetence, and the value of the new skill, before moving on to the next stage. [...] Click Here To View More
NOTICE: California Foreclosure Fraud Settlement FAQ..Do YOU Qualify For Benefits?
The FAQ below is based on information fromnationalmortgagesettlement.com and the California Attorney General’s Office. What does the settlement mean for me? The Attorney General has obtained a broad-ranging settlement from five major banks. If you are a homeowner struggling to pay your mortgage or facing foreclosure, or if you have already lost your home to foreclosure, it is possible that this settlement could help you. Not every homeowner will qualify for relief under this settlement. Those who do qualify may receive various forms of relief depending on their circumstances. Available forms of relief include: payments to borrowers who were wrongly [...] Click Here To View More
Big Bank Mortgage Fraud Settlement Details, Who Is Getting Money and Why.
Big Bank Foreclosure Fraud, Robo-Signer Settlement Federal officials announced a $25 billion settlement Thursday with the five largest mortgage lenders over foreclosure abuses — a deal that requires the banks to reduce some loans, send out checks to foreclosed Americans and refinance mortgages for underwater borrowers. Bank of America will pay the most to borrowers as part of the deal — nearly $8.6 billion. Wells Fargo will pay about $4.3 billion, JPMorgan Chase will pay roughly $4.2 billion, Citigroup will pay about $1.8 billion and Ally Financial will pay $200 million. This does not include $5.5 billion in federal and [...] Click Here To View More
Is Strategic Default, Short Sale Ethical? | Walking Away From Underwater Mortgage
Thanks to HARRIS REAL ESTATE UNIVERSITY Coach Mark Shandrow for sending me this article from The New Yorker. Read the original article here. Share this great article with all of your potential Short Sale sellers. Remember, there are 6,000,000 owners currently IN default and another 11,000,000 who are underwater. (actual number of underwater owners could be as high as 20,000,000 if those who are considered ‘near’ underwater. Meaning, they owe what the house is worth. If they were to list their home for sale, factoring in the normal selling fees etc..they would be underwater) We normally say that a company [...] 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
Breaking News: Surprise S&P/ Case-Shiller Home Price Index
Breaking Housing News: Surprise drop in home values defying overall trends… 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 the first 100 agents only. S&P/Case-Shiller index of property values in 20 cities declined 3.7 percent from November 2010 after decreasing 3.4 percent in the year ended in October. Case speaks with Tom Keene and Ken Prewitt on Bloomberg Radio’s “Surveillance.” Bloomberg Television’s Betty Liu also speaks. (Source: [...] 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
Breaking News: Housing Has Hit Bottom?..This Expert Says YES!
Has housing FINALLY hit bottom? This expert says YES. Watch this great CNBC Video and share your comments. Has housing hit bottom in your market…are you seeing the inventory of homes for sale starting to right-size itself? QUESTION: Why do 1% of the agents make 99% of the money? Answer: They are making money NOW doing REOs and BPOs. Why aren’t you? Watch the FREE 2012 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
HARRIS REAL ESTATE UNIVERSITY SCAM ALERT | Cash For Keys Scam Spreading!
We have been warning HREU Students about this scam for well over 2 years. Scammers have figured out how to cash in on..cash for keys. Banks often pay tenants (and owners) cash for they keys in exchange for leaving the home in broom swept condition. Literally, the bank will send an agent to offer whomever is living in the home 1000s to move out with out trashing the home or forcing the bank to evict them. Now, scammers have figured out of they camp out in vacant homes they will eventually be paid to leave. For the home to qualify [...] Click Here To View More
HARRIS REAL ESTATE UNIVERSITY | 2012 Real Estate Business and Motivation Plan
HARRIS REAL ESTATE UNIVERSITY Real Estate Training Event Cost: FREE Topic: 2012 Business Planning Event Info: FREE REAL ESTATE TRAINING EVENT<<<<<< Click Here NOW for event info! Notes and Event Outline: (Cut and paste, you will need this outline for the event) My Financials: Knowing My Numbers Part One: Know how much it takes for you to accomplish all of your goals. The most successful people and businesses in the world are experts at ‘knowing the numbers’! SECRET: Most agents (and people in general) earn only what it takes to pay for their basic needs. This is why agents get in [...] Click Here To View More
2011 Foreclosure Report | How to list REOs, BPOs
2011 Foreclosure Activity Ends With a Whimper From our friends over on ForeclosureRadar.com Foreclosure Starts dropped significantly throughout our coverage area with the exception of a modest increase in Oregon. Foreclosure Sales were mixed, and down far less than we expected given lender announcements of holiday moratoriums. California and Washington actually saw modest increases. Also surprising was a drop in the time to foreclose across most states, since foreclosures typically get extended over the holidays. Of particular note this month was an unexpected spike in the Cancellations of foreclosure in California, an increase of 45.8 percent from the prior month. [...] Click Here To View More
National Survey Asks: Has The Market Hit Bottom, 2012 Year Of Housing Recovery?
A Bottom of the American Real Estate Market American real estate agents expect the US real estate market to be largely flat from 2011 to 2012. Real estate agents predict that real estate values will be flat from 2011 to 2012, signaling a bottom to the real estate market or the end of the real estate bubble. Given historically low interest rates as well as a bottoming of real estate values, real estate agents expect that the number of real estate transactions and new construction starts will increase slightly in 2012. Additionally, real estate agents believe local economies are on [...] Click Here To View More
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