The Agent Insider Blog

I just came across a very interesting article that forecasts the number of homeowners underwater will rise from 14 million today, to 20 million by the end of 2011. It also points out a correlation between the rates of strategic default, a borrower’s credit score and the state of residence (recourse vs. non-recourse). Excerpt From [...]

On April 5, 2010, the HAFA program became mandatory for all for non-GSE (non-Freddie Mac and Fannie Mae loans) servicers participating in the HAMP program. According to the Making Home Affordable Program Servicer Performance Report issued on July 26, 2010, although some of the servicers were slow to implement the program, as of the end [...]

Let’s face it…your potential clients don’t really care about you or your business. They care about what you can do to solve their problem.

In this post we will talk about a powerful marketing technique called ‘WIIFMM’ and I will share a few ways that you can quickly make it part of your successful marketing strategy.

Do you know the single most important factor that will determine the effectiveness of your marketing, and the profitability of your entire real estate business?

It’s simple, actually…

I had the pleasure to be interviewed a few weeks ago for an article that was posted to the NAR’s homeowner focused website – houselogic.com. The article covers the HAFA program incentives, advantages and disadvantages of a short sale and also gives homeowners a short explanation regarding how to begin the short sale process. Read [...]

Click here to get the chart from the video. This video covers five differences between the Fannie Mae, Freddie Mac and Treasury HAFA Programs: Agent commission differences in the programs. Borrower considerations for eligibility. Factors that can disqualify borrowers from the programs. Minimum Acceptable Net Proceeds (MANP) Servicer requirements after the SSA is signed DOWNLOAD [...]

I just created a short video that will help you find the rental sweet spot in your market. This is good information for you to help investors find profitable rental units or to pinpoint units for your own investment portfolio.

The U.S. Department of Housing and Urban Development(HUD) released its 2009 American Housing Survey last week and I wanted to provide a link to the data for any agents who might find it interesting.

Now that we have three independent HAFA programs in play (the U.S. Treasury Department HAFA program and the recently released Freddie Mac and Fannie Mae HAFA programs), I am regularly being asked about the differences between the three programs in their guidelines and forms. The three programs are about 80% the same but there are [...]

After waiting for months for what they called the ”imminent” release of their own HAFA programs, Fannie Mae and Freddie Mac finally released their own HAFA guidelines, procedures and forms on June 1, 2010.     As expected the new Fannie and Freddie HAFA short sale rules and forms are almost identical to the original HAFA program for non-GSE [...]