As a real estate professional, have you ever heard any of these familiar phrases?“I can’t get in touch with my Web designer, who wants more money every time I want a simple edit; then he never gets it done.”
“My Website has disappeared because the domain was not renewed; I cannot renew the domain because my e-mail was not used to register it.”
“We don’t rank anywhere on the search engines and never get any hits; we paid $2,500 for SEO, and were ranked on Google for exactly one day.” Read the rest of this entry »
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If you come across an “investment” property for sale ad on the internet or in the newspaper, there’s a good chance this person is interested in buying property too. Usually they’re running the ad because they need to free up some equity to finance another deal.Take this opportunity to contact the person listed in the ad and explain to them you’re also a real estate investor. They might have some deals they don’t want or not enough cash to purchase which is great for you. On the flip-side, you could provide them with some “bird-dog” information as well. Read the rest of this entry »
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While many of the nation’s homeowners are worried about falling home prices, others would argue they’re not falling fast enough.
You might find them in Santa Monica, Calif. There, it takes just over 17 years of total earned salary for the median-income household to afford the median-priced home. In Berkeley, Calif., it takes almost 15 years and for Passaic, N.J. households, it’s a more reasonable 13 years. Read the rest of this entry »
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WASHINGTON - The nation’s largest lending institutions are lobbying hard to block a proposal in Congress that would give bankruptcy judges greater latitude to rewrite mortgages held by financially strapped homeowners.
The proposal, which could come to a vote in the Senate as early as next week, is being pushed by Democratic congressional leaders and a large coalition of groups that includes labor unions, consumer advocates, civil rights organizations and AARP, the powerful senior citizens’ lobby. Read the rest of this entry »
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