September 2009

EXIT Realty Conference redux not reduced.

We have come a long way this past year.  This video was shot at last year’s conference in Nashville at The Gaylord. Back in the days before Bailout, and Foreclosure.  Back when modifications made the most sense, but never gained any momentum.  Now it looks like the REO’s, short sales and first time home buyer’s will rule the markets for a number of years.  Listen to Ed Marteen’s, Bob McKinnon, Wayne Furlong, and Julie Boyd-Elrod share their insight into Brian Nichols and EXIT Realty Metro Dallas.

EXIT Realty Metro Dallas 09 Conference Video

HBF8K.com Above the Fold Functionality

Tax Credit for All Homebuyers, why not?

What do you think about all of this?  Is this another bail out, or does this make economic sense.  I am curious about what you might think.

New Realities of Real Estate

Good News Modifications, at last

I am so tired of bad news everywhere I think we need some good news about modifications.  While it is true that banks have moved slow right from the start with modifications there has been some movement.  Of the approximate 9 million houses facing foreclosures, or in the process of foreclosure some 500,000 have been put into the probationary period for Making Homes Affordable program. While these are dismal numbers there is some hope for people.  We have been working with an outside resource who has been nothing short of excellent.  Yes, he does charge a reasonable up-front fee to get started for the home owner, his price is beyond reasonable.  The $750 charge goes to keep his lights on and his staff paid while he fights daily with your bankers to get you a wonderful deal.  He has worked with all levels of the economic mainstream to get affordable modifications for people who want to stay in their home.  In one instance he worked a deal with both Countrywide, then Bank of America for one of our clients to half his payments.  That client has just passed through the probationary period and is now paying half the amount in mortgage payments than he was before he went into foreclosure.

Since the beginning of the year, and because of the illegal and dishonest behavior of some, those honest professionals who can truly help home owners move through the maddening and time consuming process of modification have been hurt.  They too are suffering from what is being said by both the government and the banks.  Well, it is in the interest of the banks to say don’t work with anyone, they are receiving $3,000.00 for every modification they have in their “to do” pile.  The government is set up to protect the many and is rightly warning people of predatory behavior, but there actions are overboard by saying all outside help are illegal and you should never pay anyone anything to modify your loan.  That is like throwing any professiional under the bus because one demonstrated bad behavior.  If this was the norm, would we have any elected officials, or any bankers?  Not all professionals are crooks.  Buyer beware is good advice, but I can highly recommend Chris Taylor because I have seen what he can do against incredibly odds. Home owner loan modifcations can be accomplished by outside professionals and Chris Taylor is one of these people.  Because of all the negative publicity Chris now will only work with people who are recommended to him by people who have worked with him.  Should you or one of your clients be in need of a modification I would be happy to connect you with this true professional.  He has saved hundreds of people from loosing their home.  He cares deeply about each individual we send to him and works hard and tirelessly to get them into the program.  Send me a note and I would be happy to connect you with a true professional who can help you with your home loan modification.

First Time Home Buyers in Dallas Texas

Being a First Time Home Buyer is one of those opportunities that will be remembered the rest of your life.  In Dallas, TX and surrounding areas this is an opportunity to get exactly what you want at a price you will love.  I know from speaking to many of the leads that are coming to us from our website http://www.homebuyerfree8K.com there are many questions that homebuyers have.  Where do I get my money from my tax credit? Can I use it as a downpayment?  I owned a house many years but have been renting the last three years, do I qualify? These and so many other of the questions people have are answered on our website.  The excitement of buying your first home, condo, or townhouse can change your life.  I remember first stepping into a hardware store looking for some tools, then paint, then lawn mower, then…well you get the picture.  But the excitement of making your home your own is a truly wonderful experience.

As a first time home buyer in Dallas you are buying into one of the fastest growing communities in the country.  You are joining a community that cares about its schools and roadways.  It is an area that has not been hit as hard as other areas in this recession.  Dallas has not lost value in its homes like most of the rest of the country.  I hate to think of people missing this once in a lifetime opportunity to get more for less and have our government help you make this important jump for yourselves and your community and our country.  It doesn’t get much better than this.  I can’t remember the last time our government was offering this much help to so many.  I want to help as many people as possible to understand how to best take advantage of the opportunity.

We are looking for first time home buyers that can meet the following conditions:

1. First time home buyer must be able to verify Income and Job History.
2. The first time home buyer can have collections and charge-offs, if the actual date of occurrence is over One Year old (preferably Two Years).
3. First time home buyer must be able to verify good Rental History for at least 12 months.
4. The first time home buyer must have at least 3 Trade-Lines that have a good pay history for the last 12 months, minimum. Alternate credit or trade-lines can be used.
5. No Reserves are required, but as always, they are helpful.

If you are a first time home buyer that is in need of any help, please do not hesitate to contact me at 1-888-696-0080.

Our only goal is to make sure you live the dream of home ownership and get what you want at a price you will love.  At EXIT Realty Metro Dallas we believe that first time home buyers deserve all the help they need to answer questions about this process at the clock ticks down on its availability. Truth and Service is our reputation, but your happiness and fulfillment in living your dreams is our goal.