John Palmisano's (johnthereguy) Blog

I had two transactions where homes would not appraise. Unfortunately, I did lose one buyer over this, even though, I informed them we might have an issue with the appraisal. What we did not expect the home/condo to appraise for 30K less than the contract price. The last REO that sold in the neigh...

Great information on FHA Appraisals.It has been a little over three years since FHA made changes to their appraisal process. It is hard to believe that it has been that long, but it is even harder to believe how many people in this Industry are still not aware of those changes. In January of 2006...

OK, So a long time friend of mine who wants to move from Long Island, New York to Fort Myers, Florida. He calls me tonight to get some information on 2 homes. I give him the information on the two homes he is inquiring about. Now he was in Fort Myers about a week ago, and drove by these homes. He...

  The Treasury Department has just announced the incentives for lenders to accept short sales.  Here is the excerpt from the updated Making Home Affordable plan: Limiting the Impact of Foreclosure When Modification Doesn't Work: Servicers will receive incentives to take alternatives to foreclosu...

Great post on how to make gray skies blue again, by Michael Cole.I’ve seen various articles, tutorials, and blog posts on how to fix or replace a blown-out sky. So, this topic is nothing new. However, this may be the fastest way there is to do it. And it can be done without any magic wands, layer...

Well, this is a comment I hear when I prospect for listings, and I have heard worst. Some people will say Realtors are no better than a used car salesman. Poor used car salesman they always get picked on. Well, you know I was in the lobby of my office, and unfortunately one of the agents in my of...

I went to Mike Ferry's prospecting school, Well I got my butt kicked. I have been prospecting for a few months now on and off. I would go into the office and make my calls, with poor results. I read about the prospecting school on MikeFerry.com and decided to go. I had the typical fears of what a...

Great advice, before i was a Realtor and I was looking for a home. The Realtor said to my wife "Trust Me", my wife called me and told me what she said. I told my wife to leave right now. Also another word we should not use is "But."I posted this originally many months ago...but with the new year,...

OK, So while doing my prospecting this morning. I decided to start hitting some FSBO's instead of the expireds. Boy, what a day! Almost every call I made to a FSBO, they where hostile and told me that they did not need a Realtor to sell their house. I could not even get passed my first line of my...

WHAT IS WESTON?   The City of Weston is located on Florida's southeast coast, in western Broward County.   Weston is a suburb of Fort Lauderdale, located 25 miles west of Fort Lauderdale beach and 31 miles north of downtown Miami.  Weston is a bedroom community, that is located near some of the f...