According to a new report from Trulia nearly 30 cities have been designated “in the clear” and should be recovering from the Great Housing Bust. Low foreclosure rates and an increase in asking prices of at least 4% were qualifiers to be considered in the clear. Or as Trulia’s chief economist Jed Kolko said, “solid base for housing recovery”. 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
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Agent Reminder: Communication Privacy Controls Enforced All Equator messages are now stored inside Equator, and new messages will not be sent to personal email accounts. This process will further protect homeowner privacy and prevent the transmission of confidential information. This new enhancement limits the information in emails from Equator to personal email accounts to ensure that privacy information is not shared. Going forward, when agents have a message in Equator, they will receive a general e-mail in their personal e-mail account asking them to sign into Equator to view the message. This includes new task assignments, routine kept-informed messages and […] Click Here To View More
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What is the current state of the US Housing Markets according to the US Secretary of Housing Shaun Donovan? Lets start with the good news… Donovan “We’ve just been through the best winter of home sales in five years, really since the crisis began,” “The number of folks in distress, the number of people who are delinquent in their mortgages, falling into foreclosure, [is]down dramatically. The number of new foreclosures is down by more than 50 percent since the president came into office.” WARNING: Short Sales…love em or hate em…they are here to stay! Go beyond the basic ‘expert’ short sale […] Click Here To View More
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Bank of America Standardized Third-Party Authorization Form Previously, Bank of America accepted Third-Party Authorization forms in differing formats and from a variety of sources when transacting a short sale. Recognizing a need for greater compliance and consistency with this important document, Bank of America has now developed its own form to standardize the third-party authorization process. This two page document requires signed acknowledgments from all borrowers and designated representatives in a short sale. 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 […] Click Here To View More
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BREAKING HOUSING NEWS Excellent housing news…more proof that THIS IS AN EXCELLENT TIME TO BUY…and that NOW is the best housing market in the last 6 years. AGENTS: Share this information with everyone….share on FB, Retweet this, share on Google+ The S&P Case/ Shiller Housing Index is reporting clear evidence that housing has hit bottom. 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 […] Click Here To View More
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FHA Extended their Flip Waiver Through 2012 HUD’s Temporary Waiver of FHA’s anti-flipping rule has been extended. In 2010, FHA temporarily waived the regulation through January 31, 2011, and later extended that waiver through the remainder of 2011. The extension is effective through December 31, 2012, unless otherwise extended or withdrawn by FHA. All other terms of the existing Waiver will remain the same. PrimeLending will close impacted loans that comply with the newly extended waiver, provided all other (existing) FHA requirements are met as listed below. HUD‟s requirements when waiving regulations 24 CFR 203.37a(b)(2), requires: § A second full […] Click Here To View More
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Where are real estate prices soaring as if it were 2006 all over again….IOWA! Great video.. Click Here To View More
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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. DOWNLOAD NOW>>> Click Here To View More
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When will the banks finally sell off their millions of homes held on their books….the so-called ‘Shadow Inventory’? Based on this (and many other reports featured on this site) banks are preparing for 2012 to be the start of the big sell off of REO homes. From CNBC: A new plan to help the market that could make foreclosed homes a sought after commodity. Administration officials hope to have a pilot program in place by the end of this year or beginning of next year to sell-off the foreclosed properties currently on the books of Fannie Mae and Freddie Mac. […] Click Here To View More
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Tim and Julie Harris Superstar Interview. Featuring Century 21s #1 Selling Agent for the entire world…Marty Rodriguez. The space is limited for the free real estate training event. Here is the information you need to attend: LISTEN NOW TO FREE REPLAY: http://InstantTeleseminar.com/?eventid=20600526 Exclusive Marty Rodriguez Questions: * Where do you sell real estate? * How long have you sold real estate? * What did you do before you decided to be a Realtor? * Tell us about your real estate market? * You are a strong proponent of delegation…tell us what learning to delegate has meant to you? * Tell […] Click Here To View More
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Florida lower end condos showing significant signs of life…thanks almost entirely from foreign all-cash buyers. Points worth mentioning from this video…the foreign buyers are not flipping. Their intention is to buy and hold. Agents, pay attention to whom the buyers are in your market. If your buyers are largely foreign it makes sense that you would gear your marketing (pay per click maybe) towards those buyers. Are you seeing foreign buyers in your market? Click Here To View More
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Attention: Tim and Julie Harris students (and future students) Subject: Banks Forced To Release More REOs…NOW! Source: Realtor.org REO Auctions Should See Uptick Soon Lenders are starting to get the picture that they can’t keep REO properties in their portfolio forever, according to a new analysis from PropertyAuction.com. The practice the company has dubbed “extend and pretend” — which refers to banks “extending” the holding period of a property in their portfolio while “pretending” that the value is still what it used to be when they made the loan — seems to no longer be applicable. Federal regulators are now […] Click Here To View More
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Tim and Julie Harris Superstar Interview. Featured this week: Michael Maher Here is the information you need to attend this free real estate training event: EVENT: Super Star Interview DATE & TIME: Friday, June 10th at 9:00am Pacific FORMAT: Simulcast! (Attend via Phone or Webcast — it’s your choice) CLICK THIS LINK NOW… http://InstantTeleseminar.com/?eventid=20161290 Get to know Michael: Known as America’s Most Referred Real Estate Professional, Michael owns one of the top real estate companies in Kansas City. He receives over 500 referrals and averages over 200 transactions per year while the average agent gets 3 referrals and does 5 transactions […] Click Here To View More
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These are great times for some owners…good times for others…and for the millions of underwater owners their housing mess is getting worse. Homeowners who aren’t underwater (and can meet the rapidly tightening lending standards)…there has never been a better time to refinance their mortgage. More and more Americans are embracing the goal of paying their home off as fast as possible. If the American Dream was owning your own home…the new American Dream is OWNING your own home…as in not having a mortgage. Our country is divided into several distinct groups of homeowners: * The Great: Homeowners (with no mortgage) * The […] Click Here To View More
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Realtors® have been focusing more on training to help them better meet the needs of clients in a housing market with unique challenges, according to the 2011 National Association of Realtors® Member Profile. The study’s results are representative of the nation’s Realtors®, who account for more than half of the approximately 2.0 million active real estate licensees in the U.S. The typical NAR member has 12 years of experience; nine out of 10 say they are certain they will remain in the business. NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, R.I., said the survey shows strong growth in professional […] Click Here To View More
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For YEARS Tim and Julie Harris has been preparing agents for a significant shift in the real estate industry. This shift is happening now. Beyond what has already happened to the housing industry since the bubble popped 5 years ago….there are even bigger, rule changing market forces that you must be aware of: * Demographic and generational changes are taking place. Bottom line, Baby Boomers are downsizing and there aren’t enough ready and willing and able buyers to absorb the added influx of inventory. McMansion anyone? The next largest wave of home buying may not start until the Baby Boomers […] Click Here To View More
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The National Association of Realtors has issued an official Call For Action. Agents, pay attention to this…at risk is the coveted mortgage interest tax deduction. What is the fundamental issue? Individuals are permitted to deduct mortgage interest paid on mortgage debt of up to $1 million. The deduction is available for interest on mortgages for a principal residence and one additional residence. The $1 million limitation represents the combined allowable debt on two residences. Mortgage interest on up to $100,000 of debt on home equity loans or lines of credit also qualifies for the deduction. As part of its FY […] Click Here To View More
Agent Education, NAR News, National Real Estate News & Comment, Predictions, Real Estate Coaching & Market News – #1 real estate coach, #1 realtor coach, 2011 real estate predictions, Breaking Real Estate News, distressed property designation, fannie mae, harris real estate university, reo-foreclosure
Many interesting real estate market factoids exposed in this video. Pay attention to what he is saying about rentals. In a real estate market where home values are dropping home, rental rates are actually increasing. The move towards rentals may be a temporary or this could be the start of a new mindset about home ‘ownership’. Do you think the American Dream of ‘ownership’ has been tarnished to the extent that folks will favor renting over buying? QUESTION: Why do 3% of the agents make 97% of the money? Answer: They are making money NOW doing REOs and BPOs. Why […] Click Here To View More
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Hats off to this REALTOR (r) and Loan Officer for doing a great job explaining the benefits of the Fannie Mae Home Path program. As an agent you should also know that Home Path listings often pay MORE THAN 3% commission. STOP: Agents, are you finally ready to dominate your real estate market? Become a Lender Approved REO and BPO Agent. Watch the FREE Training Video and download the FREE Book Now!. NOTICE: Free book guaranteed for the first 100 agents only. Check out Fannie Mae’s Home Path site to learn about all of the Fannie Mae foreclosures (REOs) for […] Click Here To View More
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IMPORTANT ANNOUNCEMENT: Today’s scheduled Superstar had to reschedule due to a health issue. Please listen an encore presentation of a recent very popular Superstar Interview. All you need to do now is click here to listen. Tim and Julie Harris Daily Success System Download the HREU Daily Success System Spreadsheet: HREU System System Spreadsheet Listen to the audio explaining how to use the HREU Daily Success System System: http://InstantTeleseminar.com/?eventid=17593473 Here are the details: Your daily goal is to earn at least 50 points. The accumulation of real work in real estate is what leads to consistent, predictable income. Remember, you […] Click Here To View More
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