We want to list timeshare resales but don’t see a category for either timeshares or timeshare resales. How would we list that and how would people find that?
We are Website developers looking for "Open Source" software that we can use on a clients Website. Or, we will consider using and ASP solution. Any ideas?
craigslist.org would be the best advice I could give. It’s a great all-around resource for anything.
What type of information would you want to know pertaining to real estate as a local citizen, i was thinking:
how to sell your home
what to look for when buying
local agents and lawyers
local home inspectors’
Rates
Is there anything else people would want to know and or learn about, this is my first seminar ~Thanks~
Hi! I am a Broker so I think I can help you. First of all, to have any successful seminar, you need to bring in some experts to discuss these topics. I local Broker might be glad to talk about the do’s and don’ts of buying a home. How to select a Bank or Lender and what explain what the didn’t programs, 3-5 Fix ARM, vs. 30 year fix etc. You can not discuss rates as that changed weekly and only a qualified mortgage Broker should discuss this. Second,focus on what people can do. Too much facts and money issues bores people. Talk about what sells a home and what causes it to bomb. What is curb appeal. Discuss how every house has a smell. Normal, but some people find them offensive. How to solve this. Pets vs.fresh paint and new carpets to sell home. How to get smoke smell out of house. Change of colors? How neutral is neutral? Does clutter ruin a sale and what to do? How to make your house look like a home that will sell. Things like that. Make is fun. Give people a chance to participate with their own good and bad stories. And tell everyone, never short yourself on a home inspection. That can make or break a sale and also give the buyer more to bargain with or peace of mind. Good luck. Marie D~ Start will a funny or horror story when you begin you lecture. People like that.
My boyfriend is a realestate agent. His sister is a doctor and wants to purchase some land that will give him a commision of approx. 40K. His sister does not want him to have it b/c, she does not want anyone else in the family to have money but her. So she told him that she could not use him in the closing and he would not be able to get the commision because the loan officer will not give her the loan if she uses him as the real estate agent. He has recommended a friend of his(loan officer) that she should use.From the origination of this sale, my boyfriend has handled all paper work, faxing, calling,setting up meeting, appraising, etc (fall 2005), now she is saying this. The closing date is scheduled for Apr.2006 We dont believe her. We live in Raleigh, NC. Please help us.
Tough call. If your boyfriend can document everything, he can sue her for the commission amount.
But…
There is ONE CRUCIAL document that will make it really easy for him. If the sister signed a buyer’s representation agreement, it’s a slam dunk for your brother. If you don’t have this document, dig in your heels and get ready for a court battle.
Bottom line is if your boyfriend can prove everything he did, he’ll likely get compensation. But it’ll take a court order to get it.
Good luck.
The bailout money, not the originally requested 700 billion, will purchase mortgage backed securities.
Mortgage backed securities are kind of like high paying bonds that are secured using realestate.
The person who took out the mortgage makes payments.
The person who holds the mortgage receives those payments until the mortgage is paid off.
If the mortgage payer stops paying two things can happen:
The mortgage is renegotiated.
OR
The mortgage is foreclosed on.
The preferred situation is to renegotiate the mortgage and keep the pyaer making payments.
The US government will probably make money and at the least, will not lose money on the bail out.
Who made money on the Mortgages?
The brokers who wrote them made the most money. The big corporations who underwrote or purchased the mortgages LOST money.
Scummy mortgage brokers wrote bad loans to low income people and sold them to underwriters and investors, people with IRA’s and 401K plans.
Most of these mortgage brokers were Minority Owned businesses in low income areas who sold ARM mortgages with ridiculous payment terms. The kind of people Acorn works with.
Now morons are blaming the people at the ends, the borrower and the investor and are not blaming the mortgage brokers who, along with groups like Acorn, caused the problem.
Nope chi-guy, it is the mortgage brokers fault, the upper income scum bag taking advantage of poor people and the very good record of mortgage backed securities as investments.
Not the poor guy taking out the mortgage and not the "big" corporation buying a "vetted" mortgage as an investment.
The scum bag mortgage broker who wrote the crappy mortgage.
The scum bag who might get away free unless you demand their head on a platter.
Dig deeper Lu.
Most of the bad mortgages were written in lower income housing markets.
Follow the money and you will find about 60% of the mortgages were written by minority owned businesses.
That sucks because it gives the minorities, who were generally the people who were scammed the worst, a bad name.
These are predators who, much like drug dealers, are preying on their own.
True Bin laden, but, if the broker is a "good used car salesman" the underwriter is looking at how much they can make selling the mortgage.
And believe me, those mortgages were sold all over the world.
Thanks Bob O, this is one of the few posts of yours I have appreciated. Now you will probably edit it 
Lehman did buy a scum bag mortgage broker, but, that represented a small percentage of the problem and the problem was still with the broker, not the borrower or the investor.
Nice to know you think people who have IRA’s, pension plans or 401K plans are greedy. Billions of people who have money invested in everything from bank accounts to pension plans lost money on this.
All those greedy people working for a living.
I’m right there with you – except your mysterious claims that most of the brokers were minority owned businesses. that is not an allegation I’ve heard before. The lending was predatory and did concentrate on low income recipients (typically minorities), but I’m not willing to agree that the brokers were also minorities without some more information.
I invest and sell the properties only.
You can probably use the business code 531390 – Other activities related to real estate
http://www.irs.gov/instructions/i1120f/11455t11.html
I just took the NYS sales agents test, and i want to know when i should receive the results
I have heard through the grapevine that it tales 3-6 weeks for the results./
in case anyone sees this infomercial… it is a $8500 credit card scam… they provide you with information that you can get at your courthouse.. there is no inside information that they get exclusively from the u.s. government.. and your not going to buy the property for a couple hundred dollars.. like they lead you to believe.. i have attended sheriff sales.. and you can buy stuff cheaper than at a regular auction… but you must have 10-20% cash on hand immediately to purchase if you are winning bidder.. if not they take you before the judge right then for contempt of court.. this isn’t something to play around with..
their disk with lists of websites that will let you sit at home and buy and sale from the internet is a miss leading too.. i ran down most of these websites and they either take you in circles or dead ends.. and alot of them take you to pages no longer on the net…
please don’t let this infomercial ruin u financially…
thnx for warning
I lived in AZ, it’ll depend on why…If working in Phoenix, Casa Grande is about an hour south and a great city to live in…it is also about an hour north of Tuscon so same answer…If looking to retire or just live, I would recommend Wickenburg area
we sent one e-mail stating that she could sign in our absense and that we would sign when we arrived. The lease in Jeff & Melissa’s XXXX name and we are not sure as to what it was signed like. We have not received a copy
Thank you all for your help I will see what happens
Technically, you would have had to sign a power of attorney for the real estate agent to sign for you. Sending an email would not qualify legally.
With that said, as long as you do want the property, whenever you return, you can sign the papers yourself and keep the deal. The real estate agent’s signature would be enough to hold the deal until you are back.
If you are trying to back out of the deal, you have a legal issue without the POA, but on the other hand, your agent has your email stating you told her to sign in your behalf. Now it becomes an issue for the court with her agent’s fees involved.
Best of luck and I hope this is useful to you
agent ref me to a loan broker his father, I live in cali &HE removed contigencies knowing we didn’t have a loan (We didnt know this). we had to put 5% down for loan, Then our loan guys calls us 10 days before close asking us for 3% more & with an outrages APR or else I’ll lose my 10k in escrow. We had to leave work and try to get another loan from Bof A which we got with out anymore money other than the 5% we may not close in time & will be fined by the seller. my agent (was a friend) knows that my son was diagnosed w/? i have been unfront with them from begining to end i told them everything my credit & financial situation and they both said no problem. Before I placed a bid we asked our agent only place it if we are confrimed with the loan becuase we have no money to put down and the little that we do we need it to make the renovations the house needs. I want to fire agent can i (no buyers agency) he told us not to worry that he promises that the money we put down we will get back
i live in L.A i never had a loan and my agent new this but we never knew this everytime I emailed agent to get status he never respnded he would however call from time to time but never with any answers we told him not to remove cont. until he was certain we had loan. we have put up 10k earnest &22k loan (sorry confusing but i dont hve much characters 2 wrk w/) his broker said we are fine since we managed to get another loan from BofA. Contract stated that we needed 20k down, when we seen this we advise our agent to pull since we did not have that money and the money that we did have was to make repairs that it desprately needs, we told him if we have to put more than the 10k earnest money we put down then we dont want to continue he said not to worry that he promise that his father (loan brker) will use a portion of the loan as the 20k , as you can see he couldnt even get us a loan. This house needs wrk my son needs surgery&cant recoop in this house we want to walk & 4get the 10k
what part of CA are you in?
Not quite sure why I got a thumbs down for this question regarding your issue.
I was only asking in hopes that you might be in an area where I could put you in contact with someone who could help you.
I have family in CA in the real estate industry and was hoping to lend a helping hand.
It turns out that you are way too far north. I am sorry that I was not able to help you. I was hoping that I could.
I would really appreciate that the thumbs down be removed. I was hoping to do better than just answering your question myself, I was hoping to connect you with someone in this field. I really hope that this all works out for you. I will pray for you and your family. I am very sorry that this has happened to you.
If I were in your shoes, (I don’t imagine that you have extra money to hire an attorney), I would call a different real estate agent (one that is very well known with at least 10-15 years of experience) and ask them their advice. If there is something that you can do, they will be more than happy to take you on as their client.
Again, good luck to you.
P.S. Call 1-800-200-Lend or Lend America.com
They might be able to help
Hey I did a little research for you,
I hope this helps
LOS ANGELES CAMPAIGN AGAINST PREDATORY LENDING
The Los Angeles City Housing Department has unveiled an aggressive public outreach campaign, "Don’t Borrow Trouble," to raise awareness of the growing problem of unscrupulous lenders who prey on unsuspecting homeowners and homebuyers. The campaign includes ads, posters, other printed materials, public service announcements in English and Spanish, a toll-free hotline, (800) 477-5977, and a Web site, http://www.lacity.org/lahd/.
The aim is to educate borrowers about danger signs of lenders offering seemingly attractive loan terms that can result in the loss of the home. The "Don’t Borrow Trouble" program also includes an affordable loan program called HELP (Homeowners Equity Loan Program), to assist low-income homeowners with high-interest loans to refinance and rehabilitate their properties. Provided by Los Angeles Neighborhood Housing Services in partnership with Wells Fargo Home Mortgage, HELP will assist borrowers who may have already fallen victim to predatory lending practices. For assistance, homeowners can phone toll-free (888) 89-LANHS. Los Angeles is one of the twelve pilot cities chosen by Freddie Mac for this campaign.