Month: August 2013

BECOME A NATIONSTAR LISTING AGENT

BECOME A NATIONSTAR LISTING AGENT If you haven’t signed up with Nationstar REO you should. Not only do they service Fannie Mae REOs but Bank of America REOs and other lenders. Nationstar services almost 2 million loans. Yes, I know…

Highest Home Prices Since 2008

(08/29/2013) Home prices rose in June to their highest levels since 2008. According to DSNEWS, the median price of an existing single family residence rose 5.4% in June. If your home was appraised at $150,000 in May, it’s value would…

HOW WE KEEP GETTING REO’s

We listed a #1 Traditional Listing and a #2 Investor Flip last week, received a #3 REO from CoreLogic and another #4 Traditional Sale this week and (God willing) a #5 Short Sale next week. Numbers 1, 2, 4, 5…

Don’t wait too long to buy

With interest rates at an all time record low, now is the time to buy! Interest rates are rising and so are prices. The bottom of the market is over. Don’t be discouraged. Interest rates are still near all-time lows.…

NEW CHASE OUT-SOURCE LIST (AUG 2013)

TIP: Type in “CHASE VENDOR MANAGEMENT” in the SEARCH REO BANKS box to the right to locate CHASE asset managers, courtesy of Google Custom Search NEW CHASE OUT-SOURCE LIST (AUG 2013) As the REO world shrinks, banks are also shrinking…

IT’S TIME TO BUY REAL ESTATE

IT’S TIME TO BUY REAL ESTATE (08/07/2013)  Inventories are at historic lows. Home prices are skyrocketing. Two out of five home buyer applicants are rejected. It’s harder to get a loan today. Yet, 7 out of 10 American agree that…

BUYER SLOW DOWN IN JUNE

BUYER SLOW DOWN IN JUNE According Housingwire, the percentage of buyers that went into escrow dropped from 31.9% nationwide in May to 30.5% in June. Why? The mortgage interest rate went from 3.274% in May to 4.276% today. That means…