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Yellow Letters vs Postcards 23 Jul 2013 | 12:38 am
Post cards are a great shotgun approach to direct mail marketing. They’re inexpensive, and if you don’t have access to a targeted mailing list they are a viable option for mailing to a large list. The...
Another Housing Bubble? 9 Jul 2013 | 01:24 am
The average sale price for homes jumped 8% from April to May, which was the 15th straight month with a home sale price increase. Prices are now similar to the summer of 2008, just before the bubble bu...
Vacation Home Prices On The Rise 2 Jun 2013 | 03:01 am
The median sale price for a vacation home in 2012 was 24% higher than in 2011. If that trend continues, targeting absentee owned houses in vacation areas may be a great place to find your next propert...
Mortgage Debt Relief Act Extended 11 Jan 2013 | 10:56 pm
As part of the ‘Fiscal Cliff’ legislation this week congress extended the Mortgage Debt Relief Act, which effectively eliminates the homeowner’s responsibility to pay income taxes on the waived defici...
Homestead Exemption on Forgiven Debt Set to Expire This Month 20 Dec 2012 | 04:45 am
The Mortgage Forgiveness Debt Relief Act is scheduled to expire at the end of the month. The IRS considers forgiven debt income, which means a person with a deficiency balance that is waived can be he...
Your Budget 17 Dec 2012 | 05:16 am
Your business plan should include a budget to give you an idea of how much money you are able to spend on different parts of your business. This can be based on what you have saved to start your busin...
Have a business plan? 24 Nov 2012 | 04:12 am
A business plan is an essential roadmap to guide your business. Every new or established enterprise should create a business plan and update it on an annual basis. The following questions need to be a...
New Short Sale Guidelines Effective 11/1/12 25 Oct 2012 | 09:19 pm
The Federal Housing Finance Agency has streamlined short sale programs for Fannie Mae and Freddie Mac. The agencies will allow homeowners with eligible hardships to sell their home in a short sale eve...
30 Day Response on Short Sales 18 Jul 2012 | 10:17 pm
There is a new rule that requires banks to respond to a short sale request in 30 days. If the bank is not able to give a decision within 30 days, they will need to give you weekly updates on the proce...
Are you halfway there? 2 Jul 2012 | 08:54 pm
We’re halfway through the year, which means you should be halfway done with your goals for this year. If your goal was to make $200,000 from real estate, you should have made $100,000 so far this year...
