RECENT BLOG POSTS
Competing mortgage lenders stand to profit when the Federal Housing Authority (FHA) chops attractive seller concessions from 6% of home sale price to 3% later this summer. Home buyers and sellers still have a few weeks, possibly as long as a month, to take advantage of more lucrative seller conce...
06/30/2010
Do you ever take a few moments to read some of the articles that give advice to people buying and selling homes? There are so many of them on the internet and in the newspaper, you certainly cannot be expected to keep up with them. Although the advice is for your clients, if it is sound advice, y...
06/28/2010
The final countdown has started on the June 30 deadline for the home buyer federal tax credit. New home buyers who fail to close on Wednesday stand to lose up to $8,000. For many new home buyers, particularly first-timers, loss of the federal income tax credit could spell financial disaster. Many...
06/28/2010
Success in real estate today involves a combination of real-time, in-person effort while throwing some technology and automated tools in the mix. You may find that you need to do all of the things you used to such as attending networking events, making phone calls, sending out postcards and holid...
06/24/2010
The Obama administration is inviting the redefinition of "required use" offers. If discussions lead to an expanded definition of real estate settlement law, they could level the playing field, giving more real estate players a chance at the action. "Required use" is the term applied to the lucrat...
06/23/2010
A recent story in the New York Times (Manhattan Was the Dream; Jersey City Fit the Budget) illustrates the notion that some-times a client just isn't ready. The article details how one woman spent years searching for a home to buy, even when she actually was not quite ready to buy one. She enjoye...
06/22/2010
A real estate agent's work isn't done when buyers ink their signatures on a real estate contract. The agent still has to help the buyer negotiate the financing maze. Partnering with a knowledgeable loan officer who can provide the buyer with astute financial advice can make the difference between...
06/21/2010
It is important for real estate professionals to be knowledgeable about many different things. Knowing real estate law, tax laws, local laws about land usage and all manner of factual knowledge plays a big part in being able to get the job done and get the house sold. But what about what goes on ...
06/17/2010
A tantalizing new wireless technology innovation being introduced by Intel that allows you to transfer laptop displays to TV could have fascinating applications for the real estate industry. Just beginning to appear on upscale, heavy-duty laptops offered by Toshiba, Sony and Dell, Intel Wireless ...
06/16/2010
There has been a lot of talk about how we may see an extension of the homebuyer tax credit. Because a lot of people waited until the tax credit was nearly over to buy, many of these loans are caught in a backlog. Those who managed to sign contracts by the last day of April will have to the last d...
06/16/2010
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Jerry Mcclellan

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