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22. November 2008

$700 Billion Plan (TARP) - Revisited

So I ask the question, why is the governement trying fix the economy without addressing one of the major underlying issues - foreclosures. Doesn't it just make sense, as opposed to giving the banks money ("strengthen bank balance sheets") that they help the homeowners in foreclosure, that are causing the bank's financial problems? Can't they see that if they start with the homeowners - that this will eliminate the bad debt that the banks are holding and therefore addressing the root cause of their financial problems - common sense.

19. November 2008

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How Does God Work-Don’t Quit-Yes This is about Real Estate

Below you will find an email I sent to my clients, their attorney’s and their lenders. Since I sent this email four of these deals have closed. I want you to know no matter what is going on DO NOT QUIT. If you are in foreclosure remember this is only a season [...]

17. November 2008

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The Perfect Couple Find Their Perfect REO Bronzeville Home

I remember the day that Orlando and Aminah were married. I have always admired them because they are young, hardworking, educated, and they don’t care what the Joneses do because they are focused on their plan. Buying a home and creating sweat equity for themselves was also a part of the plan. We have been [...]

17. November 2008

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Young and Empowered Foreclosure Home Buyer

Some people believe that long gone are the days where you can walk into a property and have equity. Never make an assumption. I have a client that is 24 years old and last week she closed on a spacious single family home that comes with 40k in equity. 11229 S. Parnell in the Roseland area [...]

2. November 2008

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Short Sale Education for the Unique Realtor

I just came off the road from what I profess to be the best road trip I’ve taken. My road trip had been scheduled for months now and I was charged to be able to go to Cedar Rapids, Iowa. The hotel was directly of the expressway and for the first time in a long [...]

10. October 2008

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Bronzeville Foreclosure and Short Sale Talk

Coffee or Not, the Bronzeville Coffee house has become my favorite spot to meet with clients and discuss the abundance of REO properties in the area which if managed properly can turn into gold mines. Why? The Bronzeville Coffee House you ask. Well it’s located in the heart of some of the most sought after [...]

8. October 2008

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How To Finance Your Short Sale and Foreclosures-The EAH

Stop complaining and get up off your butt and create a real estate legacy. For the past two days I’ve attended NAR EAH (Employer Assisted Housing) program. I’ve identified yet another niche in real estate that can lead to an endless supply of buyer leads. What a great idea to work with employers in the [...]

29. September 2008

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The 700 Billion Dollar Question

The 700 billion dollar question is will the bailout benefit Americans more than hinder them, and what are the true cost of the bailout? Only time will tell. Will the bailout effect short sales and our lenders holding out on doing short sales in order to see will they be able to capture more money [...]

When Time Isn’t of the Essence in the World of Foreclosures and Short Sales

26. September 2008

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When Time Isn’t of the Essence in the World of Foreclosures and Short Sales

Everyday, I receive phone calls and emails from REALTORS® inquiring about the delays in the contracts they’ve presented on properties in foreclosure or an REO. REALTORS® are grounded in the belief that “Time is of the Essence.” This philosophy simply means that REALTORS® and their clients will perform within a time limit specified by a [...]

18. September 2008

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Why Should An Investor Use A REALTOR®?

Investors come in all shapes and sizes, whether you are a novice or an old seasoned professional you can always use the expertise of a Realtor®. All real estate licensees are not the same. Real estate transactions involve one of the biggest financial investments most people experience in their lifetime. Transactions today usually exceed $250,000. If you had a $250,000 income tax problem, would you attempt to deal with it without the help of a CPA? If you had a $250,000 law suit, would you deal with it without the help of an attorney? Considering the fact that a Realtor® is an asset would you want to take on the liabilities of doing it on your own, it would be foolish to consider a deal in real estate without the professional assistance of a REALTOR®.

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