I wanted to take one  blog to go over just a few more terms used by folks in the Real Estate Business, particulairly with regards to mortgages.  This is by no means an exaustive list, but as we all know knowledge is power, and whether youa re a first time home buyer or a seasoned [...]

1. Your open house is really just a networking party for me. One of the first things your realtor or agent will likely suggest is hosting an open house so that potential buyers can casually check out your property on a weekend afternoon. But while open houses are promoted as a great way of finding [...]

There are basically two ways to find potential sellers. I call them Passive Advertising and Active Advertising. Where passive advertising is a “set it and forget it” way to do business; active is just that…an activity.  More than that, it is something of a “way of life”; or at least it is for me. At [...]

This is another excerpt from an upcoming book and set of training tools I am working on.  Feel free to comment all you want; that’s what will help me make this product better for all my students! Loan to Value Ratio (LTV) Loan-to-value (LTV) is a ratio that depicts the relationship of a loan amount [...]

This is another excerpt from an upcoming book and set of training tools I am working on.  Feel free to comment all you want; that’s what will help me make this product better for all my students! MAO and ARV                   These are the two terms I am going to mostly deal with in [...]

This is another excerpt from an upcoming book and set of training tools I am working on.  Feel free to comment all you want; that’s what will help me make this product better for all my students! Due Diligence Wikipedia defines due diligence as a term used for a number of concepts involving either the [...]

Ran across this pic somewhere online…can’t remember now where I got it. Remember folks: YOU MUST HAVE FULL DISCLOSURE! Course then again, you may get a slander suit slapped against you with a sign like this. lol Share on bebo Blog this! Bookmark on Delicious Digg this post Share on dzone Recommend on Facebook Share on [...]

Broker Price Opinion (BPO)   When a bank has to take a home back in a foreclosure, they will want to know what the house is “basically” worth. Many real estate agents and brokers supplement their commission income by doing BPOs, or Broker Price Opinions. Though the income from an individual BPO may only be [...]