Alex & Cadey's Blog

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Services for Real Estate Pros - Charfen Institute
Alex and Cadey Charfen - Experts on handling distressed properties with information you need to know about how to survive and thrive in today's real estate market.
RECENT BLOG POSTS
As an author and speaker I am privileged to have high level contacts within some of the most influential organizations in real estate.  Recently I had an enlightening conversation with the general counsel for one of the largest title insurance companies in the market and of course we discussed sh...
03/15/2008
Are you one of those agents who has decided you are not going to participate in short sales?  Here is what you are missing...Inman News reports that in some areas as many as 50% of all closings are from either short sales, auctions, or REOs.  For you, the agent, the easiest way to get back into t...
03/14/2008
What, how can you possibly have a successful transaction as a Real Estate Agents without a closing?  How can this be - aren't our entire lives set up around monthly closings, GCI, and units sold?  Successful Non-Closing Given what is going on in today's market, agents need to be familiar with the...
02/25/2008
Untitled Document <!-- .style1 {font-family: Arial, Helvetica, sans-serif} .style2 { font-family: Arial, Helvetica, sans-serif; font-size: 12px; } .style3 { color: #800000; font-weight: bold; } --> Agents - You may have recently heard agents in your office say that the distressed property mar...
02/22/2008
What are the steps to a short sale? There are many ways to negotiate a short sale but here are the basics steps that you need to accomplish:Find a Realtor experienced withshort sales, preferable one who has earned the CDPE (Certified Distressed Property Expert) Designation and hire them.  Since m...
02/22/2008
There is a new devious tactic being used by investors to prey on homeowners that are in distress and are trying to sell via short sale. It is similar to the old tactic of "equity stripping" or taking a property "subject to" where the owner signs a deed over to the investor -- this transfers owner...
02/21/2008
89 Things You Can Do to Make Your Home Sell FasterOpen the draperies, pull up the shades and let in the sunlight.Create a positive mood. Turn on all lights, day or night. Open the curtains during the day.Install higher wattage light bulbs to show your home brightly-in its best light. Remove all c...
10/28/2007
 Here are our top ten reasons to do everything you can to avoid a foreclosure:10.  You will always have to disclose that you have had a foreclosure on any future mortgage application you submit in the future and this can have an adverse affect on your future mortgage rates.  9.  You will lower yo...
10/09/2007
"Obstacles are what we start to see when we take our eyes off of our goals"Given the current state of the market, lending, and economy we all have more than enough excuses for why this year won't work out for us.  The reality is if we focus on the negative that is what we will get.  Take some tim...
08/09/2007
"It is much easier to stay up than to get up!"- Zig ZiglarAn airplane uses most of its energy just to get off the ground, once it is up the pilots throttle down and "cruise".  You have even heard them refer to a 'cruising altitude'.People are the same way, if you get out of bed and kick the night...
08/08/2007
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Alex Charfen

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Our news and views on the distressed property market and Real Estate in General.