Ted Schmidt's (tcsenter) Blog

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Services for Real Estate Pros - Leadsnet - Mortgage Leads Network
RECENT BLOG POSTS
For the past 6 months or so, I have been executing telemarketing campaigns to generate short sale leads.  We start out with old loan modification leads generated on the Internet or by direct response to a TV ad.  These leads are then uploaded to a predictive dialer and agents log in remotely to s...
05/13/2010
As the commercial real estate market looks for footing, the volume of defaulting commercial loans is rising at the fastest pace ever.  Property owners and banks alike are scrambling to come up with solutions in an environment of shrinking rents rising vacancies and the absences of a commercial mo...
02/03/2010
Watch this fascinating discussion about the next bailout and real estate crash with attorney Steven Meister on Fox Business.  http://www.foxbusiness.com/search-results/m/27371346/fed-s-housing-fix-broken.htm As readers of this blog know I had predicted this crash a year ago and the next "Mother o...
11/12/2009
If you want to get short sale leads in your area you might want to get a domain that targets your specific area and combines your place name with the phrase "short sale".  An example of this is http://south-lake-tahoe.shortsaleleads.org.  This website is targeted to generate short sale leads in t...
11/08/2009
Last week government bank regulators officially put their blessing on the practice of "pretending and extending" by issuing guidance to banks that allow them to modify commercial loans without being viewed unfavorably by their regulators. It has become clear to Washington that the next banking cr...
11/02/2009
Have a look at this video with Larry Kudlow discussing the FHA and its rediculous underwriting. Blog: FHA the new sub-prime hazard http://bit.ly/46vkQ
10/19/2009
Interest in the commercial mortgage modification consulting business has intensified as the residential loan modification industry in California is squashed in its infancy by SB 94.  The law prohibits advance fees for loan modifications on residential properties of 4 units or less.  The new statu...
10/15/2009
SB 94 has been signed by Governor Schwarzenegger. In a statement regarding the veto of the more restrictive AB 764 he said.. "Although I support the prohibition of individuals charging advance fees for mortgage loan modifications, I do not agree with the provision of this bill that will only allo...
10/12/2009
Going to a gun fight with with a knife isn't likely to end very well. With the passage of SB 94 this is exactly what the California legislature and the Governor are asking California homeowners do.  The sweeping law, that will be signed next week by Governor Schwartzenegger will make it a crime ...
10/10/2009
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The Danger Point Danger does exist of the means taken proceeding to unwholesome inflation.  If the Government does not carry out its intention of reducing its expenditure and so of balancing its budget, and makes up tremendous deficiency by borrowing, with a consequent continual emission of notes...
10/03/2009