Friday, February 24, 2012

What will happen in Atlanta March 5th, 6th, and 7th?

DAY 1: Buyers & the Lean Mean Real Estate Machine (Part 1)…

- How to close 2-4 buyer sides a month without listings or a website!!!

- Lean Mean Qualifying Buyer Leads to STOP WASTING TIME – conversion case studies of what’s working NOW!

- Lean Mean Buyer Showing and Closing Skills to MAKE MORE MONEY.

- Lean THINKING, SCHEDULE and SYSTEMS = MORE $$/working hour!

DAY 2: Listings & the Lean Mean Real Estate Machine (Part 2)…

- Lean Mean FSBO System to get at LEAST 1 listing a week! ZERO resistance!

- Lean Mean Objection Handling that GETS you the APPOINTMENT and SIGNATURE EVERY TIME!

- Lean Mean COACHING Machine – Coaching Clients explain WHAT Coaching does for them

- Wicked “Smaht” Competition – this alone will be worth your entire trip!

- Mike’s Famous (or maybe infamous) real estate predictions…

DAY 3: Coaching Client INNOVATION MASTERMIND

- Learn what’s working now for each coaching client PLUS get help with what your struggling with LIVE

- The Power of Knowledge Shared

- Day 3 is for coaching clients online (if you’re not a coaching client you can get more information prior to the event or on days 1 or 2)

DESTINATION:

ARTMORE Hotel $119/night (includes breakfast) – call 404-876-6100 code: Your Coaching Matters
1302 W. Peachtree Street
Midtown Atlanta, GA 30309

Tuesday, February 21, 2012

Housing Crisis to End in 2012 as Banks Loosen Credit Standards

Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit.

The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores required prior to the crisis, it is constant with requirements one year ago.

Additionally, a Fed Senior Loan Officer Survey found credit requirements in the fourth quarter were consistent with the past three quarters.

However, other market indicators point not just to a stabilization of mortgage lending standards, but also a loosening of credit availability.

Banks are now lending amounts up to 3.5 times borrower earnings. This is up from a low during the crisis of 3.2 times borrower earnings.

Banks are also loosening loan-to-value ratios (LTV), which Capital Economics denotes “the clearest sign yet of an improvement in mortgage credit conditions.”

In contrast to a low of 74 percent reached in mid-2010, banks are now lending at 82 percent LTV.

While credit conditions may have loosened slightly, some potential homebuyers are still struggling with credit requirements. In fact, Capital Economics points out that in November 8 percent of contract cancellations were the result of a potential buyer not qualifying for a loan.

Additionally, Capital Economics says “any improvement in credit conditions won’t be significant enough to generation actual house price gains,” and potential ramifications from the euro-zone pose a threat to future credit availability.

Monday, February 13, 2012

2.13.12 Monday News You can USE! (if you want to win)

If you have built castles in the air, your work need not be lost; that is where they should be. Now put foundations under them.
Henry David Thoreau

ANOTHER Statistical Tool that PREDICTS the market in your area.
Be curious enough to click on this and check our your area..

Worst States to Retire in : Why?

Flat Fee Companies under FIRE

Best Cities to buy investments in: Bang For you Buck

Why aren't more of your investors buying: Perplexed?

Will Principal reduction help default rate?  $25 to $30 Billion Mortgage settlement

Rates stay the same in Canada: 1.25%

Interesting Article from Canadian - don't cut out the property manager: Buying investment properties with multiple offer

Wednesday, February 8, 2012

Small Things

 "A small daily task, if it be really daily, will beat the labours of a spasmodic Hercules."  — Anthony Trollop

Monday, February 6, 2012

2.16.2011 Monday News YOU CAN USE!

Faith is a kind of winged intellect. The great workmen of history have been men who believed like giants.  Charles Henry Parkhurst


Here's a thought - what if you went out and prepared and then performed and believed like the Giants and the Patriots players and coaches did yesterday? 

Investor Alert!!! Buy some rental housing - Home Ownership drops to 66% - what an OPPORTUNITY! -  CLICK HERE

DEBT RELIEF EXPIRING! Something for your prospective sellers who may be short - HURRY

BEST PERFORMING MARKETS -  Case Shiller Report

What does Warren Buffet say? Buy YOUR RETIRMENT HOME in Sunbelt Areas Now!

Turn Foreclosures into Rentals:  One way to help fix the housing mess

Canadians - big week for real estate statistics - pay attention to housing starts reports for your area:  Starts    and Here Strong Market in December