Residential Financing News!

The today show recently ran a segment on the pros and cons of reverse mortgages. This can be a great tool for the right family and situation.Today Show crash course on Reverse Mortgages.  Brief segment but some good information.  Borrowers must be 62 or older to qualify and the loan must be secur...

All Star Coaching's Bill Fields talks about the importance of search engine optimzation in this blog. There are some great tools you can use to check how your website ranks. Enjoy!What is website optimization and why is so important to having a robust website? It’s no longer enough just to have a...

I don't know about you, but I love Facebook, Linkedin, Twitter, Pinterest, etc. Now there is a social network for people in the real estate industry. www.resocialclub.com Check it out!Here is a great source for real estate agents around the world. RESocialclub.com is a new real estate social netw...

What will it take for the economy and real estate to recover? Joe Petrowsky outlines a few ideas he has which he believes will get the recovery on track. What do you think?“With All Due Respect to the Author” There are, three things that will have the greatest effect on real estate values going f...

In 2011 there were 35 commercial transactions that closed in the state of Colorado according to the Colorado Real Estate Journal. Each of these transactions required a mortgage. Of course, there may have been some other transactions that closed that were cash transactions or exchanges.

Th...

Prospecting leads to deals. Deals lead to closings. Closings are how we get PAID! Coach Bill Fields talks about the importance of prospecting and how we view it. Enjoy!Why is it that some people seem to feel that “prospecting” is a dirty word? I define “prospecting” as necessary work that allows ...

HUD is changing some underwriting guidelines regarding collections when getting an FHA mortgage. The new date for these changes is July 1, 2012. See below for details.FHA Rule on Collections Accounts Delayed. New Date July 1, 2012   For those aware, HUD has changed some underwriting guidelines an...

How big can big government get? Below is an article about the Federal Reserve setting 'guidelines' for banks to rent out REO's (real estate owned) properties. What do you think?“The FED Sets Guidelines for REO Rentals” Let me know if you have the same reaction as me. Is there any part of our live...

Have you ever heard the phrase: Whether you think you can or think you can't, you are right. Here Performance coach Bill Fields talks about the importance of believing in yourself. Enjoy!Do you believe in yourself? Do you realize that success is not governed by color, creed, age or orientation: S...

Working by referral is a great way to build your business! In this blog, Realtor Bryan Robertson shares ways to proactively seek referrals from your sphere of influence.Even "Type A" personalities have a hard time with asking for referrals.  It seems a bit like begging, unless you do it right.  I...