One of the BIG benefits of being a short sale specialist is that you have the listings. It’s not just a nice thing either, it’s a MAJOR strategic advantage over other real estate agents. Perhaps one of the saddest things I see too frequently is an agent selecting to quit focusing on short sales, to [...]
Did you know that your house (or your client’s) could be worth more money… simply by having a different type of mortgage? No, really… that’s what Fannie Mae’s guideline change is hinting at. Ok, enough with the sarcasm. You can’t really change the “value” of a piece of property because it previously had a certain [...]
As you probably are aware… Bank of America is one of the largest servicers/banks in the United States and if you have done more than 10 short sales, you undoubtedly have done at least one if not a few Bank of America short sales. Bank of America adopted a short sale processing platform a couple [...]
Join us before Friday 5pm pacific for this free webinar where Trent will be walking you through the exact process he used over the last 6 months to consistently double the number of listings he takes, all while spending less money on marketing and less time.
I was talking to my brother Ryan this morning and I pointed out to him that there is a fundamental flaw to the way most of us approach our real estate business. He asked me what it was and I started to layout what I’ve noticed after having helped thousands of agents with their own [...]
Did you know that your house (or your client’s) could be worth more money… simply by having a different type of mortgage? No, really… that’s what Fannie Mae’s guideline change is hinting at. Ok, enough with the sarcasm. You can’t really change the “value” of a piece of property because it previously had a certain [...]
During this webinar, 2 of my Short Sale Genius Students reveal their lead generation techniques that have allowed them to close over 160 sides per year over the last few years, and more importantly, how you can do the same.
Short sales in CA just became SO much more attractive! BUT CA lawmakers still they left a couple of holes for second lender which may make it harder for some agents (watch the video). You know how SB931 that was passed last year made so many people confused and others excited? Well, SB458 [now known [...]
Great news for Agents who do short sales!! Were you as annoyed as I was by the FTCs MARS ruling when it came into affect in early 2011? I can’t stand the confusing wording of the MARS disclosure that my State’s Association came up with as so many of my clients thought that it meant [...]
If you have ever lost a buyer with a Bank of America short sale through Equator, you know that you’ve always had to re-initiate the short sale file in Equator with the new buyer… I don’t know what the purpose of that is, but it’s been pretty annoying… for 2 years. Finally, BofA has decided [...]
JP Morgan Chase Bank, who also services loans that were previously owned by Washington Mutual (WAMU) and EMC Mortgage, has been testing some new programs since early 2011 by offering an incentive to some of their borrowers who are in default. These ‘incentives’ have come by way of a letter offering the borrower $20K-$40K to [...]
