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From Tom Ferry: Script To Help The Seller/buyer Close The Real Estate Deal


Real Estate Training http://www.yourcoach.com/ Join Tom Ferry, top real estate coach and training company as he takes you through a critical set of questions to use with your clients to help them a…

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How Do Real Estate Agents Get Listings From Foreclosures?

I work with a real estate agent who gets his listings from law offices and banks. How do you do it?

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From Howth To Landing At Dublin Airport (july 2008)


Aerial views including Howth, Sutton, Baldoyle Industrial Estate, Clongriffin, The Donaghies, Halla Chlair, Belcamp, Bonnybrook, The M1 and Dublin International Airport.

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Aerial Views From Calais To Chingford


Footage from 11,000 metres from a Lufthansa flight flying from Frankfurt to Manchester, shows Calais and the French Coast, the English Channel, The white cliffs of Dover, St Margaret’s Bay, Dover H…

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New Home Mortgage Loan Troubles – Did We Not Learn From Past Real Estate Mistakes

It seems that the decision makers running the Fannie Mae and Freddie Mac government refinance programs did not learn anything from the current, and continuing, housing bust.  If bad loans got us into the current mess, why do Fannie and Freddie think that more bad loans will get us out?  In a recent press release it was announced that the two government-owned agencies will now refinance loans up to 125% of the current home’s value!

Does this spell trouble for the FHA home loans? All facts from the mortgage industry and government point to the fact that mortgage default rates take a huge spike upwards with high loan to value loans.

I would venture to say that many of the mortgage debtors (in trust deed states) may not realize that by refinancing through this program, they will be going from a non-recourse loan to recourse refinancing, in many cases.

My bet is that actions like this will give a false sense of recovery for awhile, only to have us fall further in the future, much like the stimulus money is currently doing.

In his statement FHFA Director Lockhart said, “The higher LTV refinancing will allow more homeowners to strengthen their finances.” Do you really believe this? If the government really wanted people to stay in their houses, they would allow them to go into foreclosure and help them find alternative housing. Moving them into a 125% LTV recourse loan is setting them up for disaster and setting taxpayers up to take on the resulting new losses.

Perhaps the government is not being 100% honest in their touting this 125% refinancing program as a way to help people stay in their houses. In reality, it may actually be a way to help banks keep from writing down assets while they earn enough money to increase their capital base.

Some folks like to say that where California goes, so goes the rest of the country.  The “tax and spend” government in California did not yet come up with a comparable plan and have been beat to the punch by the Feds.  California’s 26 billion (or more) deficit, the absence of a viable budget, and the need for issuing IOU’s rather than cash payments, is no excuse.  Only a few months ago California tossed out $100 million towards a credit to new home buyers for 5% of the purchase price (up to $10,000).  Now that the first pot of money is depleted, there are two new bills pending in Sacramento proposing to double or triple the original $100 million.

Bob Schwartz is a Certified Residential Specialist, real estate broker specializing in San Diego real estate. Read more of Bob’s ‘tell it like it is’ real estate opinions & subscribe to his free RSS feed at:San Diego real estate blog Also visit San Diego real estate & San Diego real estate agents

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What Do I Need To Know About Purchasing A Home From An Estate Where The Person Was A ” Medicaid Recipient?” ?

I am looking to purchase a home from an estate of a person who was a PA medicaid recipient. I assume that the state will have interest in the estate so what should I expect to happen? This home is in a good location but it needs alot of work such as foundation, electrical etc. How do they determine a price for this home and will the price lower because of all the repairs it needs? Any info will be appreciated, thanks.

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How Do I Get Lawn Care Accounts From Banks Or Real Estate Companies?

Hi, my boyfriend owns a lawn care and home repair business in south florida. Im trying to find out how to get work from banks or real estate companies. I need to know who to contact and what to say. Any help would be greatly appreciated.

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Can I Add Real Estate Listings From Local Realestate Websites To My Classified Ads Site I’m Starting?

I’m starting a classified ads website and i’m wondering if I can add listings that local real estate companies have listed on there website to my “real estate” portion of my local classified ads website?
I’m planning on putting all the information up on who to contact in regards to the listing.

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How To Remove The Back Panel From An Estate Washing Machine?

I have already removed all screws, there are plastic clips that I cannot figure out how to remove. My machine is pouring out wateron the fill cycle and I am trying to figure out just what is making it do this so I can try to fix it. Any idea on where to download a free repair manual for an Estate washing? maching?

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Can I Add Real Estate Listings From Local Realestate Websites To My Classified Ads Site I’m Starting?

I’m starting a classified ads website and i’m wondering if I can add listings that local real estate companies have listed on there website to my “real estate” portion of my local classified ads website?
I’m planning on putting all the information up on who to contact in regards to the listing.

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5 Comments