Tag Archives: More

Banks Make More Money On Foreclosures than Short Sales

My team has been diligently working on dozens of short sales. Recently we have seen that some of the banks are setting the values and demanding the listing price of the home be much higher than the actual market price of the homes in the area. The

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  1. Short Sales – What a Contradiction
  2. HUD Short Sale Only Allows Certain Fees
  3. 5 Things to Consider When Short Selling an Investment Property

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Homeowners Recoup More with Exterior Replacement Projects, REALTORS® Report

RISMEDIA, December 16, 2010—As part of the 2010-11 Remodeling Cost vs. Value Report, REALTORS® recently rated exterior replacement projects among the most cost-effective home improvement projects, demonstrating that curb appeal remains one of the most important aspects of a home at resale time. “This year’s Remodeling Cost vs. Value Report highlights the importance of exterior projects, which not only provide the most value, but are also among the least expensive improvements for a home,” said National Association of REALTORS® President …

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Bank of America Wakes Up to Need for More Workers in Modification Department

Bank of America has finally caught on that it might be getting buried by loan modification requests. The mega bank is moving 2,500 employees from its origination department to loan modifications. The economy, the naggingly high unemployment rate,

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  1. Bank of America Suing Mortgage Insurer
  2. Bank of America Testing Short Sale Program
  3. Fannie Mae/Freddie Mac loan modifications increase in 2nd Quarter

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Marketing Strategies: 7 Powerful Tips to Gain More Confidence

RISMEDIA, December 4, 2010—A client asked me recently how I would define confidence. I paused for a moment and replied: “Confidence is the inner knowing that you can achieve whatever you want.” What is your definition of confidence? In my 30 years of coaching people to be successful, I have found that at the core of everything is confidence. Call it a belief in yourself or whatever you want, there is no sense in creating a marketing plan without it. …

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Homeowners Hope for Easier and More Streamlined Modification Rules as Result of Foreclosure Probe

RISMEDIA, November 12, 2010—(MCT)—Union County, N.C., homeowner Barry Lancett signed two agreements with a national lender this year to modify the terms of his mortgage but still received a disturbing piece of paperwork: a foreclosure notice. “A deputy comes to your door and delivers it in front of the community,” said Lancett, who later avoided foreclosure but is still dealing with lingering issues. “It was humiliating, to say the least.”

His experience is one of the biggest frustrations for struggling …

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