Tim Realtor | Real Estate Insider News – Real Estate Coaching and Training

CNBC’s Diana Olick is traveling the country this week exposing the top opportunities for buying…In other words, great news for our real estate industry. Today, Miami. In Miami, condo sales are up by 132%. And…you guessed it…virtually all of those sales are ‘distressed sales’. REOs and Short Sales will dominate the real estate headlines for at least the next 2-3 years as the era of ‘extend and pretend’ comes to an end. Please know that any uptick in home sales will soon be more than offset by the number of new REO Listings. Are you ready to learn how to […] Click Here To View More

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Breaking Housing News… National Association of Realtors home sales data shows continued home value loss….and LPS reports on the simply massive number of bank Shadow Inventory of soon to be foreclosures…4 million foreclosures are expected over the next 24 months! There are 2 things we know for sure…without any doubt, foreclosures will increase. AND the need for qualified agents to list and sell them will increase dramatically. Its not too late for you to become a REO Listing Agent. Watch the FREE Agent REO Secrets video and download the FREE how to list REOs book. Question for you..do you think […] Click Here To View More

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The nations #1 Real Estate Coaching company…Tim and Julie Harris….invites you to an exclusive interview with the the nations #1 Bank of America Loan Officer….Kevin Budde. Here is the information you need to attend this free real estate training event: EVENT: Super Star Interview DATE & TIME: Friday, November 19th at 9:00am Pacific FORMAT: Simulcast! (Attend via Phone or Webcast — it’s your choice) TO INSTANT TELESEMINAR, CLICK THIS LINK NOW… http://InstantTeleseminar.com/?eventid=15896883 Throughout the course of his 35-plus years in the lending industry, Kevin Budde has amassed a substantial wealth of knowledge, experience and perspective. Professionalism in this business is […] Click Here To View More

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Here are today’s real estate headlines: * Homes loans due or in foreclosure..13.78%. That is a record. For reference sake: in the Great Depression homes fell in value 25.9% (1929-1933). In this current housing depression homes nationally have dropped 25%. All indications are that by the time this housing depression is over the total value loss will be far greater than ever the Great Depression. There are 13.9 million underwater homeowners, 25% off all owners with a mortgage are now underwater. * NEW foreclosure filings hit a record high. * Excess supply of foreclosures expanding due to delays caused by […] Click Here To View More

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On behalf of the National Association of Realtors and Tim and Julie Harris we would like to thank the literally 1000s of Realtors who have been reporting on the lenders conduct in processing distressed properties. Through your collective actions NAR is listening and taking action. This is a summary of the talking points from the most recent head to head meeting the NAR officials had with the major lenders. HREU Students, continue to inform NAR directly (or through us) whenever you have a lender issue. The National Association of Realtors is our only voice in Washington and we must support […] Click Here To View More

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Is it too late for Realtors to become REO listing agents? No way….not even close. Get this, there is currently nearly a 4 year supply of REO inventory….understand, that means literally millions of homes that will become REO listings. Read this article and then take action to become a REO listing agent. Watch the FREE Agent REO Secrets video and download the FREE How-To Do BPOs Book. Standard & Poor’s (S&P) defines this shadow inventory as outstanding properties whose borrowers are, or recently were 90 days or more delinquent on their mortgage payments; properties currently or recently in foreclosure; or […] Click Here To View More

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California Association of Realtors is letting members know that Fannie Mae WANTS YOU! (This is a good thing) If you are a California Realtor and want to become a FANNIE MAE Listing Agent…here is the new revised…first step: Dear C.A.R. Member; Fannie Mae has asked the CALIFORNIA ASSOCIATION OF REALTORS® to inform you that it is revamping its process for brokers to become Fannie Mae REO listing brokers. Below are the Fannie Mae instructions on how brokers may apply to become a listing broker. How to register: All of the following information must be returned directly to Fannie Mae via […] Click Here To View More

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Breaking Short Sale News: H.R. 6133 Will Force Lenders To Take Action On Short Sales Faster.. Here is the latest…more info on this new proposed legislation coming… This is breaking news from REO Insider…and great news at that…It appears that we will see some greater support in the form of actual Short Sale Laws from our government…Limiting the time a bank can respond to a short sale request from it’s borrowers… Rep. Robert Andrews (D-NJ) and Rep. Tom Rooney (R-FL) have introduced a bill in the house H.R. 6133 – Prompt Decision for Qualification of Short Sale Act of 2010; that would force […] Click Here To View More

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Dear HREU, Tim and Julie Harris has truly been an exceptional tool in my career. After discovering HREU’s website, I started listening to the free re-play calls available and reading tons of free information on the blog.  I decided to do some of my own research on the internet, and realized I was wasting a lot of time looking for clues on how to accurately complete BPOs and what companies to contact.  After indulging myself for a week, I was convinced I wanted to get all the secrets shared with Tim and Julie’s coaching students. Within days of enrolling into […] Click Here To View More

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(click graph to expand) Thank-you to the 1000′s of Realtors who participated in this years Tim and Julie Harris mid year survey. This is part 1 of 5 of the survey results. Watch the HREU State of the Real Estate Union Videos. Learn what maybe happening next for housing and what you need to be doing now. Here are a few of the comments: 1. Big government will stick their noses in again and slow the inevitable price delclines til the REO inventory is finally consumed. 2. Too many pre-forclosure homes in front of us. Going to hit hard. 3. […] 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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Join Tim and Julie Harris this for this weeks FREE Tim and Julie Harris Superstar Interview. The topic of this weeks Superstar Interview is…..Situational Awareness. What the heck does that mean? Simple, are you present enough on a daily basis to be fully aware of the business opportunities that surround you? In a national real estate market where nearly 50% of all real estate transactions are distressed sellers…short sales and REOs….does it make sense to you that any agent would be suffering for lack of sellable listing inventory? On the FREE training call Tim and Julie will share with you […] Click Here To View More

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The rent vs buy argument is going to heat again up over the next 6 months. Watch for the widely accepted interpretation of  the ‘American Dream is owning your own home’  to be widely challenged as millions of families suffer through this real estate lead recession/ depression. Here is a great CNBC video where the debate of ‘owning vs. renting’ is played out.. Watch it and share your comments. Click Here To View More

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URGENT BREAKING NEWS: Tim and Julie Harris Students…and future students. THIS IS POTENTIALLY HUGE NEWS. President Obama is considering forcing ALL lenders to stop ALL foreclosures! His goal maybe to literally force every distressed homeowner (and their lender) to attempt a loan mod using the governments HAMP Program. We can assume that once the borrower chooses not to do a mod (or doesn’t qualify for a mod) they will then be pushed to the HAFA program. Remember, the HAFA program is all about SHORT SALES (or deeds in lieu of foreclosure). What effect will this have on REOs? Virtually none. […] Click Here To View More

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Freddie Mac is buying back the loans they have sold off to investors…when the borrower has missed 4 payments. Here is how the process traditionally works: Home buyer needs a mortgage——-> Loan Officer who works for ABC Mortgage originates a Fannie Mae mortgage for buyer/ borrower. ——–> ABC Mortgage has to follow the Fannie Mae lending guidelines in order for the loan to be a Fannie Mae loan. ———-> ABC Mortgage originates and closes the loan for the buyer. ———> ABC Mortgage becomes the servicer for the new FHA Mortgage. They collect the payments etc. ————> Loan is sold off […] Click Here To View More

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You are invited to attend this week’s FREE HREU Friday Superstar Interview. The topic of this weeks event is…. 5 Secrets Of Tim and Julie Harris Superstars. Julie and I will present to you the 5 most significant qualities that separate the top HREU students from ordinary agents. Here is the info for your schedule: EVENT: Super Star Interview DATE & TIME: Friday, February 5th at 9:00am Pacific FORMAT: Simulcast! (Attend via Phone or Webcast — it’s your choice) TO ATTEND THIS EVENT, CLICK THIS LINK NOW… http://www.AttendThisEvent.com/?eventid=10734411 Click Here To View More

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Tim and Julie Harris ASD student’s who participated in this CNBC Story….EXCELLENT JOB! Breaking Urgent News: Seconds who demand money from your sellers….outside of closing..off the HUD…what we call the ‘Second Mortgage Shakedown’ are BREAKING THE LAW! Thanks to Jeremy Brandt, CNBC’s Diana Olick and all of the HREU Students  for bringing this illegal lender activity to the forefront! This is big news. For the last 3+ years HREU has been advocating a crack down on second mortgage holders who DEMAND that the sellers agrees to pay them (either in the firm of cash at closing or on a repayment […] Click Here To View More

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2010 IS the year of the Short Sale…..in this market if you aren’t doing short sales…you are out of business. Depending on your market, short sales are the market…. Investors buying homes to rent or sell accounted for only 15 percent of the housing market last month as they competed with large numbers of first-time homebuyers flooding the market to buy in time to qualify for the first-time homebuyer credit. The percentage of first-time buyers closing on homes rose from 42 to 47 percent of all home sales in October, according to an Inside Mortgage Finance/Campbell Communications survey released today. […] Click Here To View More

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Do Mortgage Loan Modifications work? Is the Obama administrations 75 BILLION dollar ‘Home Affordable Modification Program’ (HAMP)  doing anything to end the seemingly never ending foreclosure crisis? Will mortgage loan modification’s end the housing crisis? Read this…watch the video….and you tell me! Here are the facts: 1) 78 banks and servicers in the HAMP, which represent 85 percent of the total mortgage market, have just over 3 million loans on their books that are at least 60 days past due. So they sent out notices to those 3 million borrowers requesting more information. 2) A lot of those borrowers (as […] Click Here To View More

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