I received this message today on AR from an old post and felt that I needed to ask if anyone else has heard the same? "Bank of America has taken another step into the Real Estate Field. With the New Coporative Short Sale test progam in Arizona and Nevada. Letters go out to the owners suggesti
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06/02/2011
Do YouSuffer From Eeyore Syndrome ? Do you know an Eeyore? Are you one yourself? He is Winnie The Pooh's sad blue donkey friend who always had his head hung low and says "oh whoa is me". If you walk and talk like Eeyore and blame all your troubles and lack of business on the on the market you w
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04/12/2011
If you read any the headlines this morning after the current administration announced it's intentions to run for another term you would think this headline was correct. The fact of the matter is that there were less than 4500 Successful HAFA transactions completed in February nationwide. Woopie,
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04/04/2011
Did You Check Zillow Reputation Yet? Yesterday I was speaking with a highly reputable cooperating broker associate in my area and she was near tears over a review written about her on Zillow. This is one of the most upsetting "tools" in Zillow's too box if you are not already aware of it you need
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03/24/2011
Fannie Mae has over 160,000backlog of REO Inventory "Fannie Mae repossessed more than 262,000 single-family homes nationally last year, and as of Dec. 31, its inventory of single-family REOs was almost 163,000". Source RIS Media 3-19=11 Many agents ask me if there is really a shadow inventory of
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03/19/2011
Pending Home Sales Fall For Second Straight Month WASHINGTON -Pending home sales fell in January, the second straight monthly decline, a real estate trade group reported Monday. The pending home sales index fell 2.8% in January, close to market expectations, the National Association of Realtorss
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02/28/2011
California Foreclosure Update Recent articles are once again alarming in the REO world. California had a huge jump in Foreclosures once again after the lifting of annual holiday moratoriums combined with Robo Signing & Mers obsticles. Here are a few reasons you need to get some REO training if y
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02/26/2011
IS YOUR MLS FOR SALE? How About Your Soul? I recently received this notification from a vendor who will remain nameless to protect me from being sued: Dear Real Estate Agent/Broker: (Un-named Vendor) is now offering a new product, please read the descriptions below and update your fees: "Subject
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02/20/2011
Watch Your Words: Expert, Specialist, Certified, Etc. Just returned from CAR business meetings and in the Risk Management Forum one of our Attorney's pointed out that it is wise to watch your marketing words carefully. Using terms like Expert, Specialist, Certified, etc. can not only be misleadi
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01/29/2011
Bank of America Back in Foreclosure Mode While Fannie Mae and Freddie Mac take the holidays off the second largest lender servicing over 500 investors along with their own REO portfolio who pulled out all the stops to stall the foreclosure procedure are now back in the game. No surprises here. My
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12/10/2010
