Archive for November, 2010

DeedStreet RE NewsRoll 11/5/10

Posted on November 5th, 2010 in Deedstreet News | No Comments »

COLUMBUS, OH
Duct Cleaning And Air Filters (2 of 2)
It’s Furnace Filter Friday in Columbus Ohio! Do you change your furnace filter monthly? How do you remember when to change it? Does First Friday of the month work for you? Duct Cleaning and Air Filters (1 of 2). Thanks to Jay Markanich a home inspector in Northern Virginia for these duct and furance filter tips… and even the housekeeping hints.. about vacuuming and dusting. Via Jay Markanich (Jay Markanich Real Estate Inspections, LLC): In the previous post I discussed dusty ducts and their…Rest of Story…

LAKE GENEVA, WI
TODAY’S JOBS REPORT WILL KEEP LAKE GENEVA MORTGAGE RATES HIGHLY VOLATILE
Lake Geneva mortgage rates have been falling since April, shedding more than 1 percentage point since the Refi Boom began. Today, that momentum could lose some steam. The Bureau of Labor Statistics releases the October jobs report at 8:30 A.M. ET. With a stronger-than-expected reading, mortgage rates should rise, harming home affordability in Wisconsin and nationwide. As cited by the Fed earlier this week, jobs are a key part of economic growth and growth affects Lake Geneva mortgage rates…Rest of Story…

LEAD CONVERSION
Coaches Corner: Internet lead conversion
Real Estate coach Darin Persinger will be joining us once a month for Coaches Corner. This is Darin’s second edition and today he is talking about Internet lead conversion. You can see Darin’s first interview here on starting the new year strong. Darin and I talk about how to follow up with Internet leads, how often to follow up with them and what message you should be sending the new leads…See Video…

SAN ANTONIO, TX
Your Listing Agent Sounds Desperate
Is you listing agent desperate? Do they beg and plead with other agents to buy your property? Do they reveal your own desperation to sell your property? Do they give away too much? These are questions I asked myself recently while looking for houses with a client. We’re looking in the higher end of the market, which isn’t selling like hotcakes these days, so we have lots to choose from and can take our time and make our selections carefully. After viewing quite a few homes, listing agents started to call and email…Rest of Story…

SEATTLE, WA
My Seattle Blogs: Why Are Banks Still Foreclosing? Because They Can!
It’s startling to me and I hope to all of you how obvious it is who controls the economy. No, I’m not some radical or alarmist…just a regular person like you who is disgusted with the way things are going! First, the Banks flat-out tell the American people they admittedly falsified legal documents and had unqualified folks from off the streets signing affidavits. Then the Title insurers said they would not insure any Title that was suspected of being wrongly foreclosed…only to later reneged on that stand after…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 11/3/10

Posted on November 3rd, 2010 in Deedstreet News | No Comments »

COLUMBUS, OH
Columbus Veterans Day Parade
The Columbus 2010 Veteran’s Day Parade is Friday November 5, at noon. The theme is Celebrating 100 Years of Military Flight. – This year, Toys for Tots, Lima Company, Santa Claus and more. – “kickoff at noon, November 5, 2010, starting at Nationwide Plaza (North High Street) and proceed south on High Street, west on Broad and disbanding at Veterans Memorial.” – The Columbus Veterans Day Parade is sponsored by MILVETS.org – Veterans Day Parade and Cannon Demonstration – The Canon…Rest of Story…

MEMPHIS, TN
Memphis MSA – Investor Market Report, Nov ‘10
The macro level fundamentals of the Memphis housing market are improving for investors. While there’s been a large backlog of bank owned property, the lack of building permits in the single-family sector is helping to absorb the inventory overhang. Builder permits are down 22% in the MSA comparing August 2010 to August 2009. Depending on the data analyzed, home price direction could look positive or negative. We believe in the latter and that home values will fall (slightly) over the next 2 years…Rest of Story…

SAN ANTONIO, TX
Are you reducing yourself right out of a sale?
Todd Waller of Professional One Real Estate in Plymouth, Michigan wrote a post titled “Overpriced Listings: Death by a Thousand Cuts” that speaks volumes about pricing your home for sale. Based in part on an article from MSN Money, Todd’s post mentions one of my favorite phrases – “death by a thousand cuts.” No, we’re not talking about some sort of evil samurai that will come to your home if you make too many price reductions, we’re talking about the psychology of real estate. We’ve spoken about this…Rest of Story…

SEATTLE, WA
My Seattle Blogs: Stop ‘Front-Loading’ Your Real Estate Business.
Are you getting enough referral or new business to stay in business? One of the biggest issues (I hear) from agents in and out of my classes are they can’t afford to maintain or expand their lead generation business plan. Add to that, many will run away from doing the simple (I didn’t say easy) part of lead generation which is prospecting and calling on folks they don’t know to see if they are interested in buying, selling or investing in real estate. So, if you can’t or won’t spend money on generating leads and…Rest of Story…

TEN DAY CLOSE
Ten Day Close, how can they do it
Are you a skeptic of the “Ten Day Close?” I was, until they proved me wrong, and then they proved me wrong again after that. Academy Mortgage has found a way to close most loans in 10 days or less. Can they close every loan? No VA and other programs have certain time requirements, but most loans they can if they have the proper documentation from the buyer. Kevin Kosisky of the Ten Day Close at Academy Mortgage takes a few minutes to tell us how they do it and why they can and other…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 11/2/10

Posted on November 2nd, 2010 in Deedstreet News | No Comments »

APPRECIATION
Appreciation: The Investor’s Great Unknown
Most experienced investors will tell you that comprehensive analysis and underwriting is the key to success in real estate investing and that appreciation is just an added bonus in the equation. While that is sound advice, lets be honest; appreciation is the 800 pound gorilla in the room when it comes to real estate investing. It has made fortunes for the most amateur of investors, and most recently, has destroyed the wealth of the most sophisticated of investors. Everyone wants to know where appreciation is going…Rest of Story…

CORALVILLE, IA
Open, Spacious Condo in ^Coralville
2237 Oakleaf St, Coralville. $119,400. You can’t beat the price on this townhouse style condo – With the low interest rate this is cheaper than renting! Call me @ 319-400-0268 to set up a showing…Rest of Story…

EAST VALLEY, AZ
HAFA: The numbers are in, and it’s not pretty
East Valley Team member Dean Ouellette talks about the HAFA program and its success or lack of in the first six months..The numbers are in on the HAFA short sales program, and they are not pretty. In the first six months of HAFA there have been 342 approved HAFA short sales or deed-in-lieu of foreclosures. 342 total, that is an average of seven approved HAFA short sales per state each month. HAFA was called by the likes of NAR, RE/MAX and CDPE a “game changer” and it has been anything but…Rest of Story…

FED
Fed may circle back to mortgage-backed securities
The Federal Reserve may have to expand what types of bonds it buys or their maturities if its second quantitative-easing program looks likely to top $600 billion, strategists at Nomura Securities said in a report Monday. The U.S. central bank’s already buying intermediate-term Treasury bonds as it recycles cash from its maturing mortgage holdings. Those purchases could total nearly $490 billion in the next 12 months, according to the report prepared by a Nomura team led by George Goncalves, head of U.S. rates strategy. Read more on Treasury bonds…Rest of Story…

SEATTLE, WA
My Seattle Blogs: How Will Your Real Estate Year End?
You can almost smell the Turkey and Yams on the table and yep, The Grinch that Stole Christmas is most certainly ready to start its daily run on every channel on the tube. Are you thinking the year is over? I’m not…Not by a long shot! I know that this weekend marks Daylight Savings Time and it will be dark by 4:30pm but that is all the more reason to shake off the end of the year mindset that you can just coast into 2011! TAKE ADVANTAGE OF THOSE WHO ARE CHECKING OUT!…Rest of Story…

WORTHINGTON, OH
Worthington homes for sale $100,000 to $150,000
Worthington single family homes for sale priced from $100,000 to $150,000 include homes in the city of Columbus which are in the Worthington City School District as well as homes in the City of Worthington. Homes in Worthington schools can include homes with Columbus, Dublin, Powell, Westerville or Worthington mailing addresses. City of Worthington neighborhoods with homes in the price range include Colonial Hills and Wilson Hill now. I have set up the RealBird map search for Worthington e single family…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.

DeedStreet RE NewsRoll 11/1/10

Posted on November 1st, 2010 in Deedstreet News | No Comments »

ARLINGTON, VA
Ways to Protect Your House This Winter
Where did 2010 go? It’s already November 1st and temps are in the 50′s! So before the temperatures get too low, here’s some tips for protecting your house this winter: 1. Pipes will freeze, so wrap up and put away your garden hose now. 2. Check your gutters for debris and leaves. Clogs in the gutters will prevent proper draining from rain and snow, which can lead to expensive repairs in your roof and walls. 3. If you have gas anything, install a carbon monoxide detector. Place one outside every sleeping area…Rest of Story…

COLUMBUS, OH
Westerville homes for sale $200,000 to $300,000
Single family Westerville homes for sale include homes in neighborhoods in both Delaware and Franklin counties. The homes are in the cities of Columbus or Westerville or unincorporated areas including Blendon or Genoa townships. Autumn Woods, Heritage Estates, Highland Lakes, Millstone Creek, Spring Grove North, Twelve Trees and Windemere as well as other neighborhoods in the Westerville City School District are for sale today in the $200,000 to $300,000 price range. I have set up the RealBird…Rest of Story…

HAHA
New Hand Rail
Just put that hand railing on and we should be in good shape for an FHA appraisal…See Picture…

LAKE GENEVA, WI
WHAT’S AHEAD FOR LAKE GENEVA MORTGAGE RATES THIS WEEK: NOVEMBER 1, 2010
Lake Geneva mortgage markets remained highly volatile for the second straight week last week. Yet, over the course of 5 days, mortgage bonds ended the week relatively unchanged. Conforming rates for Lake Geneva real estate worsened Monday, Tuesday and Wednesday — rising as much as 3/8 percent as compared to the week prior — before settling lower through Thursday and Friday. On the week overall, 30-year fixed rates worsened, 15-year fixed held steady, and 5-year ARMs improved…Rest of Story…

SAN ANTONIO, TX
Ready to watch the Mo Grow?
As mentioned in a previous post, today, November 1st is the start of Movember. As you read this, I will probably be in the bathroom, burning through razorblades and cursing my facial hair as I hack through my goatee. Today, I will be freshly shaven and rosy cheeked, awaiting the growth of my glorious moustache for the month of Movember. Along with the other members of Team MoTivated, we will be raising money through the month as we grow our Mos. The images to the left will chronicle…Rest of Story…

SEATTLE, WA
My Seattle Blogs: Tough Weekend to be a Football Fan in Seattle
know this has little to do with real estate, blogging or social media but Holy Crap…did it suck to be a Seahawks or Husky fan this weekend. Throw into the mix the WSU Cougars and you may have had a better time watching a rousing game of lawn bowling! A total of 3 stinking points was scored between the 3 teams…I think even our lowly Mariners could have scored more points given the chance. Oh well, there’s always next weekend for redemption…when does the WNBA season start? Go Storm….yay…Rest of Story…

SHORT SALES
Bob Lachance on short sales and the failures of HAFA
Bob Lachance is a short sale real estate agent in Connecticut who mentors agents and investors on negotiating and buying short sales. Bob is also the founder of two must read short sale websites Short Sale Daily News and Pre Foreclosure Daily Grind. Bob chats with us about short sale communications, the failures of HAFA and the future of short sales. At the end of our conversation we had some technical difficulties. To hear Bob talk about the three reasons short sales will be around for a while and what…Rest of Story…

DeedStreet is bringing the best hyperlocal real estate stories / blogs / news of the day to one place in the form of a daily NewsRoll. We would like to make the NewsRoll as hyperlocal as possible. So if you have a RE story from your town/city/neighborhood/blog, send it our way; we will be sure to give you recognition and a link back to your site. This is just our latest experiment with real time social media, so please be sure to give us any feedback on how we can make this service even better.