Perpetrators mislead the homeowners into believing that they can save their homes in exchange for a transfer of the deed, usually in the form of a Quit-Claim Deed, and up-front fees. The perpetrator profits from these schemes by re-mortgaging the property or pocketing fees paid by the homeowner without preventing the foreclosure. The victim suffers [...]
Robert Kiyosaki’s bestseller, Rich Dad, Poor Dad1, has helped millions to create roadmaps to their financial goals. Central to his series is the notion of open-mindedness. Instead of sizing up a situation and saying, “I can’t afford that,” he suggests saying, “How can I afford that?” By reshaping the idea into an open-ended question, creativity [...]
I really have to stop making promises to clients and prospective clients that I’m always available by phone should they need to talk to me. This morning the phone rings, on the other end is Nick. Nick wants a loan in the $200,000 to $1,000,000 range. Now that’s a wide range for a loan and [...]
I’m sitting here minding my own business when the phone rings, Sally Shopper is on the other end. Sally want’s to refinance her current 30 year fixed 5% mortgage to take out $100,000 to purchase an investment property. Sally would like to remain at a 5% fixed rate and not pay any points, and also [...]
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Palm Springs Homes Are Selling Fast
Properly priced Palm Springs homes are selling fast. The number one question from both Buyers and Sellers is, “How’s The Market in Palm Springs?” My Answer is always the same: “If they’re priced properly, they’re selling fast!” Why Are Properties Selling Fast? A knowledgable REALTOR® can help Sellers understand the complexity of todays market. Homes [...]
Buying a Palm Springs Home in 2012
Are you one of the hundreds of people who will be Buying a Palm Springs Home in 2012? We’re almost at the end of 2011, with 2012 quickly becoming a reality, like every year before it people have started putting their list of New Years Resolutions together. Usually found on that list somewhere is the [...]
I am quite sure that Countrywide was not alone, but they were certainly one of the biggest players. This is the reality behind the real estate crisis and why it continues to roll along with no end in sight! I can tell you story after story of Countrywide reps and reps from other banks encouraging [...]
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