In Las Vegas, Nevada short sales, the biggest concern and issue for the short sale seller (not to mention the real estate professional and other parties to the transaction) is whether or not the lender/bank will agree to not pursue a deficiency judgment as a part of the short sale approval. Read more →
Have you included a Social Media Marketing Strategy for your business? Don't miss the last Blogging and Social Networking for Business class of 2010! Approved by the Nevada Real Estate Commission 3 Hours Continuing Education (PD) CE.3706000-RE Instructor: Jan O’Brien, 858-9191 Tuesday, November 9th, 9:am to 12 noon Greater Las Vegas Association of REALTORS® 1750 E. Sahara Ave. Las Vegas, NV 89104 REGISTER Online: www.LasVegasRealtor.com Or via phone with GLVAR Education - (702) 784-5051 Three hour (CE Approved) training seminar covering… What is a Blog? Who Is Blogging? Why should You Blog? The anatomy of a blog – understand all... Read more →
Image via Wikipedia Let's do a quick recap of recent news regarding foreclosures, banks and more. This recent article from DS News - Bank of America Halts Foreclosures Nationwide sums it up nicely. On September 20th, GMAC Mortgage was the first to halt foreclosures in 23 judicial states due to what it called an “internal procedural error.” JPMorgan Chase followed suit on September 30th. PNC Financial reportedly notified its industry partners that it is suspending foreclosures for 30 days in the judicial states while it reviews servicing procedures. Consumer advocacy groups, state attorneys general, and federal lawmakers are all calling... Read more →
According to Realtytrac the number of actual repossessed properties in August was 95,000. They also have reported that in the second quarter the number of repos was 248,000. Call it a million over the last 12 months. "How many of these are now tainted" is a central question. But for me the more significant issue is, "Why were they were tainted". Assume there is a home that has a $250,000 mortgage and the loan is in default. Now assume that the owner of that mortgage wants to sell it. Assume further that the mortgage is bundled up with a bunch... Read more →
Image via Wikipedia Thanks to the folks at HomeLoans.org for featuring one of my blog posts in their comprehensive post entitled: 48 Posts with Great Info about FHA Home Loans Check out this collection of informative posts on the subject of FHA home loans. Read more →
Image via CrunchBase Tara-Nicholle Nelson of Trulia in this post 6 Quick Fixes for your Credit Score provided some great tips in answer to this question: What do you advise a financially fit homebuyer to do to increase their credit score or make themselves more attractive buyers, to qualify for the lowest mortgage rates? Here is a summary - read the full blog post at 6 Quick Fixes for your Credit Score 1. Pull your reports online – get them for free, no strings attached, at the government authorized website AnnualCreditReport.com. This doesn’t get you your actual FICO scores, but... Read more →
FHA Upfront and Annual Mortgage Insurance Premium (MIP) Changes Effective with case numbers assigned on or after October 4, 2010, FHA Upfront and Annual MIP will change as follows: Read more →
Facebook said Friday that it is doing a 5-for-1 stock split, marking the third split in the company's history. The privately held social networking company, founded in 2004, previously executed 4-for-1 stock splits in 2006 and 2007. Facebook's shares won't have a clear market value until the company goes public -- a move that's not imminent. via money.cnn.com Just saw The Social Network movie last night... and it is a classic story for the ages... greed, jealousy, betrayal and it's impact on friendship and love. Go see it - even if you're not on Facebook! Join the Wanderers Club for... Read more →
via twitter.com The new Twitter design is in Preview phase - soon to be switched for all users. I like several of the new features..easy to embed photos, videos; related content; see mini-profiles without leaving your page Visit www.WBNLCoaching.com to learn more about our coaching program and online training membership options. Your FREE, basic membership includes a complete real estate business-planning course and downloads. Posted via email from jan obrien's posterous Read more →
ASK THE ATTORNEYS! Free to first 50 registrants! Time: October 13, 2010 from 9am to 12:30pm Location: iMortgage 9139 W. Russell Rd., #100, Las Vegas, NV 89148 (Johnson, Jacobson, Wilcox Bldg.) 215 & W. Russell Rd. take Jerry Tarkanian Way to W. Oquendo Rd. into the Desert Canyon Business Park Organized By: Steven Kitnick Seminars, LLC BRING YOUR CLIENTS! Event Description: Join Attorney Mickey Bohn and Attorney Robert Noggle in a discussion on the Nevada Foreclosure Mediation Program. Mickey is a mediator and Robert represents clients in Mediation. Get a bird's eye view! They will also entertain general questions about... Read more →