shortsale forms | Real Estate Insider News – Real Estate Coaching and Training

We live in Vegas…and can tell you first hand that there is a lot of..ugly…in Vegas. The real estate boom has left parts of Vegas looking like a scene out of the apocalyptical file..2012. Seriously, if those wacky Mayans were right…and December 21 2012 is game over for our our species..come to Vegas to get a sneak peek what it will look like. And yet..it IS a great place to buy real estate. Why? Because Vegas IS Vegas. Eventually Las Vegas will rise from the ashes and regain its luster. Its not a matter of IF this will happen but, […] Click Here To View More

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The housing debate is heating up again…should home values be ‘supported’ by the government or allowed to stand on their own….will prices fall significantly or are we at the bottom? Susan Wachter, a real estate professor at Wharton, and Peter Schiff, president of Euro Pacific Capital, share their views. Watch this video…share your comments. Scary stuff: Click Here To View More

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Hello, Urgent breaking news…you want to read this asap… ….BIG new that effects you…. Bank of America and Tim and Julie Harris are providing a free training event this Friday. During the exclusive event you will hear directly from the Executive that oversees the Short Sale and REO departments for Bank Of America. Go here now for all the info you need to attend this exclusive event: Bank of America Executive Allen Seelenbinder Interview Here are a few of the topics we will cover: Current Status of Foreclosures Nationwide Levels of Shadow Inventories, how big..and how bad? Bank of America […] Click Here To View More

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Hello, I’m Agent Mary Lou Skowronski ….. I am so grateful for being introduced to Tim and Julie Harris that I feel a need to pay it forward. I am by inviting all of you to contact me if you are on the fence and wondering if HREU delivers what they say they do. My quick response is that their Coaching Program has exceeded my expectations…. beyond what I could have hoped for. It has been an interesting year and I am grateful that I hung around for the ride. I have received 10 fold from the never ending efforts of Tim and […] Click Here To View More

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It’s pretty much a given that foreclosures are a drag on home prices. But how much, exactly? A study by researchers at Harvard and MIT, which analyzed years of sales data in Massachusetts, estimated that foreclosed homes sell for an average of 27 percent less than non-foreclosure comps. They lower the value of homes around them to boot. A non-foreclosed home takes a 1 percent hit in price for each foreclosure within about 250 feet, the study suggests — meaning the effect worsens as the number of nearby foreclosures mount. Daniel Hartley, a research economist with the Federal Reserve Bank of Cleveland, […] Click Here To View More

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Continuation of the debate…..are strategic defaulters good or bad..for the economy… The real estate industry must take a stance on strategic defaulting that takes into consideration the true ramifications of walking away. The popular consensus in the real estate industry is that a owner should pay…regardless if the house is underwater or not. Those making this argument suggest that non-payers…strategic walkers…are a continued drag on the housing market and the economy. The other side of the argument is that owners who continue to pay on an underwater home..are the true drag on the economy. The idea with this side of […] Click Here To View More

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Insight with John Taylor, The National Community Reinvestment Coalition; Stephen Meister, real estate attorney and CNBC’s Jane Wells. Watch the debate. Click Here To View More

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Looking for HAFA Short Sale forms…or information on how to qualify for a HAFA Short Sale? You have discovered the right resource for all things HAFA and Short Sale…. Tim and Julie Harris and the National Association of Realtors joined forces and provided a free 90 minute HAFA Short Sale training class. Listen now to the replay the exclusive training session here. You can download the HAFA Forms here. Download the recently updated HAFA Definition Spreadsheet here. Agents, are ready to take your Short Sale business to the next level? Learn now how to become your markets lender approved short […] Click Here To View More

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URGENT HOUSING ALERT! As we have been predicting since the beginning of this year….Housing IS taking a double dip in values. Agents, you must know your local market stats. After you have watched this video your assignment is to get into your MLS and study your local market trends. Your real estate clients, your BPOs…you REO asset managers expect you to know your market statistics. Here is the breaking CNBC News: Click Here To View More

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I watched this video a couple times….and read other interviews with HUD head-honcho Shaun Donovan…and here is what I am concluding: The Obama Administration is not going to pressure the banks into any sort of moratorium. They are leaving up to the states attorney generals to explore the legal issues with MERS and the robo-signing scandal. SO, time will tell. What the Obama Administration IS going to do is use this opportunity to leverage  servicers to do more short sales and…when possible…loan modifications. Watch this video and share your comments: Click Here To View More

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An interesting new monthly housing report from CNBC and Trullia. Unlike virtually every other housing report this new report is a forward looking…meaning, Trullia is going to share the areas of the country (and price ranges) that are seeing an INCREASE in activity. The thesis is that home buyers start their searches online first. Knowing where they are looking and in what price ranges should tell us what is happening next. Click Here To View More

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Realtors, What is your biggest challenge…now? As you can imagine this survey question sparked a lot of responses…. This is part 2 of 5. Remember, after you have read this post..watch the Tim and Julie Harris 2010 State of the Real Estate Union Videos NOW. Here were a few of the comments: 1.  Buyers who are competing with investors cash. 2. Just finding properties for my clients. Getting short sale/ REO listings… 3.    One of my asset management companies has stopped assigning REO listings…why? They keep saying they have no assigments in my areas…been putting off completing my Fannie Mae […] Click Here To View More

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Yale Professor Robert Shiller (from the S&P Case/ Schiller discusses the uncertainty in housing.. For the growing number of struggling homeowners in this country, more help is on the way. Additional aid from the federal government will begin making its way to them next month — one program would help qualified homeowners refinance their mortgages after seeing their property values fall below the amount they owe, and the other includes another round of funding to help the unemployed or underemployed with their payments. It’s easy to see the need for such programs. Theoretically, they keep people in their homes and […] Click Here To View More

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Realtors, please complete this fast (and fun) 7 question survey. Hopefully by now you have read this blog post and are preparing for what is coming next for housing. Click Here To View More

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Tim and Julie Harris student, Tom Atwood has something to share with you…something that I am sure many Realtors need to realize. The market has shifted….forever changed…have you? Tom attended last weeks ground breaking advanced lender approved Accredited Short Sale Designation webinar. Tom considers that event a watershed moment for his business. You need to listen to the FREE Replay of the ASD event now… Listen to the FREE Replay of the advanced ASD Short Sale event now. An interesting side note…Tom enrolled as a Student of the new ASD Short Sale program already having obtained a basic 2-day short […] Click Here To View More

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Realtors, you must watch this video and read the article. The very future of the housing industry in in flux. As the end of the 40 year ‘housing as an investment’ mindset comes to and end the question remains…what will happen to housing? Our industry needs to be leading this evolution not playing catch-up. Please watch this video and read the article…then, share your comments. Housing will eventually recover from its great swoon. But many real estate experts now believe that home ownership will never again yield rewards like those enjoyed in the second half of the 20th century, when […] Click Here To View More

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Realtors, join us this week for the FREE Emergency Short Sale Webinar (or teleconference). Everything is changing (again) about short sales. Thanks to the NAR’s HAFA Guidelines the servicers are finally making significant moves to truly streamline the short sale process. Note: This is an advanced short sale training call. Be ready to take pages of great action oriented notes. EVENT: ASD, Accredited Short Sale Designation DATE & TIME: Thursday, August 19th at 12:00pm Pacific FORMAT: Simulcast! (Attend via Phone or Webcast — it’s your choice) TO ATTEND THIS EVENT, CLICK THIS LINK NOW… http://AttendThisEvent.com/?eventid=14385639 One of the topics for […] Click Here To View More

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Here is a big surprise (not)…the mortgage servicers have NO regulation….no accountability. Most large servicers in Texas are regulated…the smaller ‘non-banks’ can do more or less what they want how they want. Watch this video about Texas homeowners who are having serious issues with American Home Mortgage. Click Here To View More

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July marked a clear turn in the real estate road….. Existing home sales are dropping (again) , foreclosure filings are increasing and that can only point to a double dip for housing? * 20% FURTHER decrease in property values. * Increase in foreclosures…and even a larger increase in REO listings as banks release their inventory. * Without government stimulus…and housing required to stand on its own feet…real estate is being forced to deal with reality. Reality is we have a massive over supply which will only be solved with liquidation. Agents, please (PLEASE!) be prepared for the worst and hope […] Click Here To View More

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Agents, get ready. The real estate crash is no longer a ‘sub-prime’ only story. Now, its gone prime time…as in prime mortgages….specifically, Jumbo Prime. Thats right, Jumbo Mortgage Homes are now in the cross hairs of the foreclosure free for all. This report shouldn’t surprise any Tim and Julie Harris student…we have been reporting that there would be a  surge in Jumbo defaults since 2008. The banks have been extending and pretending for as long as they can and now they have to foreclose. Its been our theory that that the banks have been holding off foreclosing (and listing as […] Click Here To View More

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