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Wednesday, March 26, 2008

Expired Listing Referrals

Expired Listing Referrals!

Agents, walking away from deals?--- STOP--- ! after all that hard work, cooperate with us to re-list & get at least a 20% referral fee or co-list it for 50/50

The frustrating part about listings expiring...sellers not wanting to reduce their price, they will re-list with someone else at the price you recommended. The other agent sells the house because it is now priced properly and you have nothing for your efforts and expenses.

We can team-up for result, 702 city Realty & Loans team will work with you as a team not adversary to get the job done with less work & hassles, we will Cooperate with all Real estate companies including out state or Int'l agents seeking referrals.
Contact us...... Joseph4saving@yahoo.com

Our profile & websites:
702 City Realty:
.............100% payout, no monthly fee or Team residual income
Evofi one (702 branch):.Banker/broker, team member/leader opportunities
Wanna network:REALTORS, Loan officers, escrow officers, Apraissers & more
Salam team: .....................Joe's Real estate website
Myvegashomechoice: ....Cielo's Real estate website
Best service, best result: Myriam's Real estate website

Monday, March 24, 2008

Where To Find Million-Dollar Foreclosures

Foreclosures in the Million $ homes prices ranch are more than ever on the market now, the increase in negative equity situations causing some million dollar-plus homes to get listed as foreclosures and REOs, it's not necessarily because buyers didn't put down money or had a second mortgages, many of the high-end foreclosure market were traditionally good borrowers, but home values are dropping more than a few percentage where the mortgage values surpasses market values.

Home owners not being able, or not wanting to, make payments, walk away from their homes, the California market is set for this kind of situation, a company in San Diego called YouWalkAway.com charges $1,000 to guide clients through the process of leaving their mortgages. It was launched in January 2008, and says it has signed up 180 clients.

California is a safe haven for these type of borrowers, since banks that repossess homes and sell a foreclosed property for less than the mortgage cannot come after borrowers for the difference, as long as it was the initial mortgage, one that has not been refinanced.

Your REALTOR is the best place to look first, second place to find such homes is through Web sites like RealtyTrac.com and REOtrans.com.

Here is a Million dollar foreclosure slide by Forbs.com
looking for foreclosure assistanceForclosure help


and finally check out this foreclosure radar

Wednesday, January 23, 2008

Fed Rate-Cut Winners and Losers

What does it mean to me? Will my mortgage rate go up or down? this was a great article I found, I like to sharing it, here is the link

Thursday, January 3, 2008

Facing foreclosure, seek assistance

Banks or Lenders like to see financially trapped homeowners contact them before the loan is to reset at higher rate. Ask if the loan can be modified by fixing the rate below the scheduled reset amount or that borrower can qualify for forbearance - temporary reduction or suspension of payments. Homeowners can also ask community group or Realtor/ Loan officer to contact the lender on their behalf. Phone numbers of major lenders' loss mitigation dpt.'

HUD 800 569-4287. Housing and Urban Development sponsors housing counseling agencies throughout the country that offer advice at little or no cost.

HPF 888-995-4673 homeownership Preservation Foundation offers FREE foreclosure counseling or assistance and contact lenders.

ACORN Housing:(866) 672-2676 or (888) 409-3557. A nonprofit Organization has programs with some lenders to help borrower negotiate affordable loan payment, possibly prevent foreclosure.

IRS Questions and answers on the tax implications of home foreclosure and debt Cancellation