Alex & Cadey's Blog

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Services for Real Estate Pros - Charfen Institute
Alex and Cadey Charfen - Experts on handling distressed properties with information you need to know about how to survive and thrive in today's real estate market.
RECENT BLOG POSTS
Short Sale Tip - Name and Number Are you a homeowner in financial distress, you are not alone, on June 5th, MSNBC.com releases updated market statistics (Original Article): .99% of all homes in the US are now in foreclosure 6.36% of all mortgages are delinquent The number above indicates that ov...
06/07/2008
Short Sale Tip - Name and Number Appreciate the Rookie I know we have all done it, you get a call form an unexperienced agent who... Is trying to figure out how to use their Supra Key at one of your listings Can't see any of the 26 photos you have loaded in the MLS Wants to show the property tha...
04/01/2008
Short Sale Tip - Name and Number There are many reasons why Google is such an incredible company and the vast majority of them are free to you and I the consumer.  Google has a hew service called: It is absolutely awesome and over performs - it is a free service that we would gladly pay for if w...
04/01/2008
Short Sale Tip - Name and Number On a weekly basis I speak to several large groups of REALTORS, this week I spoke to about 150 total.  One question that I always ask every group is "How many of you consider yourselves experts in the foreclosure process in your area?" On a consistent basis less t...
03/28/2008
Short Sale Tip - Name and Number Sometimes so much can be said with so very little: We are in a Price War and a Beauty Contest. I don't know who first said this or where is was said but it really describes our market perfectly.  Buyers are not only looking for more but they are looking for more ...
03/27/2008
Short Sale Tip - Name and Number A couple of day s ago Cadey and I sent out an agent-to-agent communication.  Yes it was advertising and yes we know some people really don't want it but the only way we know of to get it to the people who do is to pay a service and send it to everyone.  The messa...
03/27/2008
Short Sale Tip - Name and Number When was the last time you sat down in the morning and were handling 3 to 500 files?!?!?! Each morning that most loss mitigators sit down that is what they are staring at, 3 to 500 files (in some cases more if their department is shorthanded).  If you are current...
03/25/2008
Short Sale Tip - Name and Number We talked to yet another loss mitigation person yesterday at a major lender that was telling us about the semi-complete short sales package he got from a REALTOR and the agent didn't put her contact information on it anywhere! This is not an isolated incident, we...
03/24/2008
Wrong to EXPECT professional courtesy?? Showing call on EASTER! Yesterday was Easter and we spent the day with our 15 month old daughter Reagan.  I want to let all of you know that neither Cadey or I is afraid to answer the phone at just about any time.  We realize that real estate is not a 9 to...
03/24/2008
Remember the days when an appraiser would actually leave distressed sales out of an appraisal to give you the highest value possible.  Now the absolute opposite is happening.  Appraisers in our area are using Active Short Sale and REO listings to knock down the value of a retail listing.  Are we ...
03/22/2008
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