SpringsRealEstateNetwork.com
A resource for real estate agents with technology, title and mortgage expertise
Real Estate’s branding challenge: An interview with Marc Davison of 1000watt Consulting
Many of you have been asking me for the radio interview I did with Marc Davison from 1000Watt Consulting. Here it is in all of it's glory. It was a great interview with a bunch of good pieces of wisdom… | READ MORE |
The real estate expertise that is and isn’t.
Yesterday I overheard a Colorado Springs real estate agent talking to a Zillow lead on the phone that she had just received for the downtown area. What followed was inspiring. You may think what I'm… | READ MORE |
How Do I Know If the Property is a Condo?
I’m asked almost daily – “how do I know if this property is a condo or a townhome?” If you’ve been through a condo transaction lately, you know that condominiums present financing challenges… | READ MORE |
Real Estate Content Generation. The Open Door.
As 1000watt said in their recent post, "Real estate content is a marketing goldmine. But those closest to it seem unable to pick up a shovel." I agree. I'm not sure what the hangup is, but I hear… | READ MORE |
Wrap up: All 12 days of Android and iPhone apps for Realtors
Here's our wrap-up of our 12 days of iPhone and Android Apps for Real Estate Agents! You'll find some different apps in here that will apply to your business... Not your standard mortgage calculator or… | READ MORE |
5 Reasons Why Your Real Estate Website Should Be On WordPress
Top 5 Reasons Why Your Real Estate Website Should Be On WordPress WordPress is currently the #1 blogging platform on the web. Real Estate professionals of all types have started using it for content management… | READ MORE |
QR Codes for Real Estate: the What, Why, How (part 1)
What is a QR Code: According to Wikipedia, a QR code is a "matrix barcode (or two-dimensional code), readable by QR scanners, mobile phones with a camera, and smartphones. The code consists… | READ MORE |
Successful Real Estate Closings Start with Communication
The number one complaint I hear from listing agents is the lack of communication coming from the lender. They often feel left in the dark and out of the loop when it comes to dates and deadlines being met. I feel its imperative now more than ever to over communicate the details and ensure that [...]
Real Estate’s branding challenge: An interview with Marc Davison of 1000watt Consulting
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Many of you have been asking me for the radio interview I did with Marc Davison from 1000Watt Consulting. Here it is in all of it’s glory. It was a great interview with a bunch of good pieces of wisdom throughout. Below are some time stamps of different topics we got into. Let me know [...]
Fannie Mae 3% Down an Excellent Alternative to FHA for Colorado Springs Homebuyers
With the cost of FHA mortgages increasing next month, the Fannie Mae Flex mortgage is an excellent alternative to FHA financing and possibly an even better overall solution for some homebuyers given the increased monthly mortgage insurance premium on FHA.
ARE BANKS IMMUNE FROM FRAUD?
Fraud occurs when one party misrepresents a fact and induces the other party to act based on bad information. Normally, when a person commits fraud they can be held liable to the person who relies on the bad information for damages incurred based on that reliance. This is not the case with banks and their borrowers. In [...]
Purchase a Multi Unit Family Home with an FHA Loan
Did you know that clients purchasing a multi unit property (2-4 family home) can use rental income from units they aren’t occupying to qualify? That’s right! FHA loans don’t just work for single family homes. They can also assist buyers interested in purchasing income producing properties.
Buyer Motivations | Top 12 Reasons Buyers Purchase Homes
Recent studies show that when individuals set out to purchase a home they are motivated primarily by one of 12 reasons. Your job is to uncover and satisfy the Top 3 that are most important to them.
Seize the Day with an FHA 203k Rehab Mortgage
The FHA 203K rehabilitation mortgage hasn’t seen much activity in recent years, but due to the lack of availability of Home Equity Lines of Credit and Construction loans, new life has been breathed into this program.
The real estate expertise that is and isn’t.
Yesterday I overheard a Colorado Springs real estate agent talking to a Zillow lead on the phone that she had just received for the downtown area. What followed was inspiring. You may think what I’m about to say will be earth shattering, mind blowing or some other embellishment of reality. No. It was pretty simple [...]
Waiting to Buy Might Cost Buyers More, Not Less
According to The National Association of Realtors (NAR) 4th quarter housing research report, home sales rose 15.4% in the 4th quarter over the 3rd quarter. They also showed that prices remained stable during the year. Hmmm…not exactly what buyers are hearing on the news now is it?
Creating Certainty in Uncertain Times
With so many i’s to dot and t’s to cross these days, is it any wonder there are transactions falling apart for reasons we’ve never seen before? Guidelines are changing daily as lenders attempt to keep up with current market conditions and buyers with credit issues they’ve never faced before.
How Do I Know If the Property is a Condo?
Recent changes to the condominium approval/review processes have made it is absolutely imperative that you understand what type of property you are dealing with BEFORE you move forward with listing or selling a property.
FHA Extends Anti-Flipping Rule Suspension & Fannie Gets Flexible
Good news for investors and buyers! FHA has decided to extend its suspension of the anti-flipping rule through the end of this year. Set to expire at the end of the month, the waiver now goes into effect February 1st. Without the extension, many investors would have found their pool of buyers shrink significantly. With the waiver, investors can now continue to buy and flip a property in less than 90 days and make FHA financing available to potential buyers.
Is the buyer’s agent going out of style?
According to Realtor.com President, Errol Samuelson, 2010 was the first year that more consumers “found the home they ultimately bought, rather than the agent finding it” — 41 percent vs. 37 percent. This trend will probably continue. So, if I was a potential house buyer: 1) I could find the house I want online. 2) [...]
The IRS Could Delay Your Closing
There are two big updates to make you aware of this week. You’ll want to pass these along to clients interested in purchasing within the next few months as it could impact their ability to qualify and/or close. Loan Fees Rising – Fannie Mae has followed her brother Freddie Mac and will increase pricing and what translates into interest [...]
Real Estate Content Generation. The Open Door.
As 1000watt said in their recent post, “Real estate content is a marketing goldmine. But those closest to it seem unable to pick up a shovel.” I agree. I’m not sure what the hangup is, but I hear many agents struggling to get business and yet there is an incredible opportunity in Colorado Springs to [...]
Interest Rates Steady While Jobs Improve
How about some good news for a change–the economy may be improving! Last Friday’s Jobs Report didn’t meet the expectations set, but the prior month’s readings did show more job growth than previously reported.
Will Mortgage Rates Move Lower in 2011
Always keep in mind that markets can turn on a dime and clients not locked in are subject to qualifying at those higher rates. We’ve discussed the impact before on your clients buying power and the disappoint that comes with feeling as if they missed the boat on lower rates. Make sure they understand the consequences of not locking in a rate before the ship permanently sails!
Top 10 Posts of 2010 on SpringsRealEstateNetwork.com
Top 10 Posts in no particular order based on internet traffic. Which one is your favorite? Leave a comment! Are you lead-generating or trust-generating? October 19, 2010 By Tucker Wannamaker 9 Comments I am in many brokerages on a regular basis. The most consistent message I hear? Lead generation. Much of this discussion is about gaining leads [...]
Wrap up: All 12 days of Android and iPhone apps for Realtors
Here’s our wrap-up of our 12 days of iPhone and Android Apps for Real Estate Agents! You’ll find some different apps in here that will apply to your business… Not your standard mortgage calculator or Zillow apps… Which ones do you like? Let us know at the end! iPhone Apps Day 12 | FieldForce December [...]
Important Fannie Mae Updates for 2011
Fannie Mae has made four major updates to their guidelines and all except one go into effect in 2011. There have been a considerable amount of changes this year and these are no less important.
