News
How to Hire a Real Estate Attorney
Submitted by beberle on Sun, 05/20/2007 - 12:08pm. Article | articles | Newsby Attorney William Bronchick
No real estate course or seminar is a substitute for a good attorney. Finding a good real estate attorney may be difficult, since most attorneys are not themselves investors or familiar with creative transactions. Most attorneys will give you just enough advice to keep them from getting sued, but not enough advice to show you how to make more money out of a deal.
State task force to take on predatory lending
Submitted by beberle on Sat, 05/19/2007 - 5:42pm. Article | articles | NewsNew York Gov. Eliot Spitzer has established a state interagency group charged with stopping predatory lending practices.
The interagency task force will be headed by Banking Superintendent Richard Neiman and will include the agency heads of
the Department of State, the State of New York Mortgage Agency, the Division of Human Rights, the Consumer Protection
Board, the Division of Housing and Community Renewal, the Governor's Office of Regulatory Reform, and members of the
April Foreclosure Filings More Than Double Over 2006
Submitted by beberle on Tue, 05/08/2007 - 9:49am. Article | articles | NewsHere's an interesting article I read over on Bloomberg.
May 7 (Bloomberg) -- U.S. homeowners entered the foreclosure process in April at more than double the rate of a year ago as tightening credit made it more difficult to refinance and a swelling supply of unsold homes made it tough to sell.
The number of homeowners in all three phases of foreclosure rose last month over the same period a year ago, according to Sacramento-based Foreclosures.com, which gathers data from county courthouses nationwide. Those receiving their first notice of foreclosure from a bank climbed 127 percent, those with homes going up for sale by auction jumped 164 percent and those whose homes were repossessed by banks went up 40 percent.
How the IRS profits from your short sales!
Submitted by beberle on Tue, 05/08/2007 - 9:44am. Article | articles | NewsHere's an interesting article I read on another blog recently. Take a look by clicking here.
How to use language to influence people
Submitted by beberle on Mon, 05/07/2007 - 6:52pm. Article | articles | NewsSo let’s start with some embedded commands. Embedded commands are patterns of language that bypass conscious reasoning and speak directly to the subconscious mind. Embedded commands influence people at the subconscious level. This allows you to direct people to take specific actions.
They will also have specific thoughts and will generally do whatever it is you want them to do. The subconscious is in a constant search for patterns. One command is not a pattern. You have to bombard your customer with command after command after command.
Your brain is always analyzing what’s going on around you. It’s trying to find similar things from your past and trying to line them up. The subconscious mind has stored millions and millions of conversations with other human beings. These conversations have become so routine, that the mind has virtually fallen asleep.
Your subconscious mind runs on auto pilot. It’s accustomed to remembering or responding to stuff day after day. Remember, the older you get, the more you think, “auto pilot heard this before.” When using embedded commands correctly, you create unusual patterns of language that force the subconscious mind to wake up and pay attention.
Well what’s the result? The subconscious has received a direct and specific command that it feels compelled to act on. What does this mean to you? Let me explain.
When you are in a normal, everyday conversation with investors, banks, and customers, you can influence them to sell this house, sign the deed, sign the contract, accept this offer, or whatever it is else you want them to do with absolutely no resistance.
How is there no resistance?
"I Love Mold!"
Submitted by beberle on Wed, 05/02/2007 - 6:42am. Article | articles | NewsUsing Assumptive Language Patterns
Submitted by lschweigert on Mon, 04/30/2007 - 2:10pm. Article | articles | Newsby Bill Twyford
Having a firm grasp on language patterns will help you close more deals. In addition to using embedded commands, which are word groups that order you to do something, you must incorporate assumptive language patterns into your vocabulary. Assumptive language patterns assume the outcome of what you are asking.
Appraiser Fraud Rampant
Submitted by beberle on Tue, 04/24/2007 - 4:17am. Article | articles | NewsAuthorities alerted about suspicious mortgage cases
Friday, Apr 20 2007 11:46 PM
|Last Updated: Monday, Apr 23 2007 12:00 PM
A local home appraiser is alleging widespread mortgage fraud in Bakersfield’s housing market, accusing local real estate professionals of artificially inflating prices to generate illegal profits.
Appraiser Gary Crabtree said Friday he has alerted federal, state and local authorities to “suspicious” home sales in the Bakersfield area. But he said he believes what he has found is just the beginning.
3 more lenders "bite the dust"! Mila, Home Equity of America & Opteum
Submitted by beberle on Tue, 04/24/2007 - 3:46am. NewsMila stopped funding loans and accepting applications as of April 20th.
Home Equity of America (a division of Fifth Third Bank) will fund loans
until April 30th.
Opteum closed their wholesale sector April 13th 2007, Opteum is shutting
down its conduit and wholesale operations, retail will remain.
"jointly and severally liable", huh?
Submitted by beberle on Mon, 04/23/2007 - 6:21pm. Article | articles | NewsWhat does that term mean anyway? Well, whenever you have multiple rent paying tenants i.e. roommates, friends, couples whatever that are living in one apartment together, you can choose to make your life miserable or not. This little clause must be in all of your leases, the lease will be held "jointly and severally liable". This means that everyone who lives there is equally responsible for anything and everything. If someone breaks something, you won't care who broke it. You just send your bill to the apartment and the tenants decide who is going to pay you. You won't care who pays it, all you know is that the entire amount is due.
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