I love landlords. I get the majority of my deals from landlords who are sick of dealing with tenant hassles. The biggest payoff comes when you get a call from a landlord who wants to sell you multiple properties, such as 3, 10, 20 and maybe even 50 houses at once.
Feb 11
While mortgage rates remain at historic lows, borrowing in the current tight credit climate can prove challenging. Prospective homeowners therefore need to be as well-informed as possible about the mortgage process and what it takes to qualify for a loan.
via HispanicBusiness.com.
Feb 04
SHANGHAI—China has told banks to stop giving commissions to real-estate agents for introducing mortgage customers, as Beijing tries to rein in an overheated property market and unscrupulous lending practices.
via WSJ.com.
Feb 03
Foreclosures shatter records
Last year, the number of homes that received foreclosure notices hit 2.8 million, crushing the number of notices from previous years, bringing the total up 21% from 2008 and a heartbreaking 120% from 2007, according to RealtyTrac.com
via Agent Genius.
Jan 27
Hiring a professional photographer is money well spent. For a relatively small fee they will shoot professional property images and process them to ensure it is displayed in the best possible light, literally. After all, it would be a shame to spend a bunch of money on advertisements, only to find poor real estate photography makes the property seem the least attractive one on the page.
via Suite 101
Dec 30
It’s crazy. Agents are Bank of America’s biggest customer. But they treat us like dirt on short sales. It’s like we don’t matter to them at all. However, we do matter and a whole lot more than they realize.
via Agent Genius.
Dec 26
Vicarious liability is a legal term explaining how one person can be held liable for the actions, good or bad, of their agent. Do you want a real estate “agent?”
via suite101.com.
