Jim Russell's (jimrussell) Blog

Shift your market to HUD Owned Homes and Foreclosures. About 50% of all sales in my market are HUD Owned Homes and Bank Foreclosures. I have shifted my focus and advertising to these markets and find business is good. There are buyers for these homes, first time home buyers, investors, and buyers...

Does anyone have a good link to explanations on how to fill out a HUD Contract? I went to HUD school, but it has been a long time and I have forgotten the details.

Thanks Wayne, I have loaded Facebook on my Iphone. It is great. But it can be a time drain. I try to balance that time because I am a social person by nature and will play all day. You are right, Lately I am facebooking two or three times a day.

NAR says 45% of sales where foreclosures and HUD homes sales last year. Wow, I have just begun to market the HUD homes in my area and it is drawing new buyers and investors everyday. I am going to ramp up my advertising and expand my area of HUD marketing to take advantage of the situation. I bel...

I am hooked. FaceBook, in the past 30 days, has produced two new listings and a referral . If you are not active in the social networks, you are missing the boat. I check my FaceBook page once a day, sometimes once every two or three days. That's all it takes. Just build your friends base with ot...

The news that Facebook may launch Local Classifieds got me thinking on how you can take this idea and use social networks like Facebook to really power your business.  

I'll admit it. I'm hooked on Facebook. I somehow missed out the whole MySpace craze (thankfully, visiting a MySpace page now just makes my eyes hurt) - but Facebook has me hook, line and sinker.  

HUD gives priority to owner-occupants purchasers. However, if there are no acceptable bids during the priority period, unsold properties are then available to all buyers, including investors. Your real estate agent should have the necessary details. There are a couple ways to find out what HUD ho...

Buying HUD (Department of Housing and Urban Development) homes isn't necessarily a way to get rich quick. These homes are supposed to be sold at market value, after all, which would seemingly make the great deals you hear about a myth. However, there are some profit opportunities here. One of the...

Your trying to get a good deal on a home, and you've heard of HUD (Department of Housing and Urban Development) homes. So what are they? According to the HomeBuyingInstitute, HUD's are homes that have been repossessed by the U.S government. Buying a HUD home provides many different benefits, all ...