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Property Management  - RealEstic Revelations

Tuesday, March 31, 2009

Excited and Grateful !!

I am so excited and grateful for the past and the present. I was in a market like this one in the 1980"s. I was selling real estate in the state of Colorado. The interest were at 14% and Colorado was tagged Foreclosure Capital of the World due to the Savings and Loan Bust. Real Estate was at a stand still and agents simply stop selling real estate.

This is when I learn "The Art Of Short Sale Negotiations." I am telling you, these were my best years in real estate and I sold tons of homes to worthy homeowners. Buyers could not believe that had the opportunity to own a home. The interest rates were extremely high and the sales price of homes had dipped. This combination allowed their loan amount affordable. Brokers, Buyers there tons of lucrative deals in Charlotte. Take advantage of this opportunity while the market is in this condition.

I am very surprised that Brokers, and buyers are missing out on this opportunity for home ownership. Rates are at a 40-50 year low and homes are at it's lowest along with some 100% down payment programs that are still available.

Please Buyers take advantage of this hot market. Eventually the market will change and rates will rise higher than ever, home sales price will also increase. The banks must make up for their lost some where. My fellow broker, this process is a difficult and frustrating process, but it is well worth it to explore our Short Sale Program. I offer a class free of charge on understanding "The Art of Short Sale Negotiations," and you are invited to attend. Let's start educating the buyers on the joys of the Short Sale program.

Thanks everyone and I pray you have a prosperous week!

The N-Sourcer

Monday, March 23, 2009

Knowledge is Weak, However Applied Knowledge is a Powerful Force

Our Partners VR-Tech and United Credit Education Services conducted an awesome and informative workshop on Saturday afternoon. It was fun filed hour- power credit education workshop to inform the consumers on the 10 Greatest Myths about Your Credit.

We are now able to apply the knowledge of The Fair Credit Reporting Act of 1971. Consumers if the FCRA of 1971 is incorrectly applied or unfairly used against you, it could cost you the opportunity to purchase your home and or receive ridiculous rates on your mortgage, auto, and credit card loans. It could cause you to pay higher insurance premiums or your Home Owners Insurance could be declined. The majority of Employers are now requiring a credit check before the give you a formal offer for a position with their company. The credit market is changing and the ratings are getting tighter, therefore, your credit rating is very important.

Millions of Home Buyers are not informed of the positive impact this Law should have on their credit rating. Instead Home Buyers accept what the Credit Agencies give them as credit rating and most of the time they are using unfair practices to receive that rating.

I have been in the business for over 20 years and some of the information that was given on Saturday I heard for the first time. I cringed at the thought of how many customers are turned down for home ownership or if given the opportunity to own a home the have taken a higher cost loan and higher interest rate.

Myth #1
Credit agencies are empowered with some kind of governmental authority.
Truth #1
Credit Agencies have no legal authority at all . They are simply private companies who are in the business of selling credit information.

Spread the news and I hope to see you at the next workshop!

The N-Sourcer

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Property Management  - RealEstic Revelations
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