Archive for the ‘News’ Category

If you were trying to buy a new home recently and were bummed out at the fact you missed the infamous Tax Credit Incentive for buying a new home, take heart!  It looks like you will be getting another chance.  Apparently, President Obama wanted to pass a rather large extension program, to include unemployment benefits and a couple of other things, but that was all voted down after a ton of fighting on Capital Hill.

Well, it looks like someone got smart and decided to try to pass just the home buyer tax credit extension part of that bill, and it almost passed the entire House.  This would give prospective home buyers an opportunity to get the extension if they close before September 30th.

If Obama signs the bill (which he will, no doubt) then almost 200,000 homeowners  as well as real estate professionals may have a chance to rally celebrate 4th of July, because  this is a good reason to buy now.

Hey, I had to stop to take a moment for some humor here.  I guess realtors, investors, inspectors and everyone else in the real estate profession can relate to this.  Comments anyone?

Happy Thanksgiving realtors!!!     Listen, just to give you some food for thought, (no pun intended) I have decided to give you some friendly advice for this wonderful holiday.  I like to call this post, “You’re a turkey if you…”  So, unbuckle your pants and lean back, let out a loud belch and enjoy this wonderful entre’.

You’re a Turkey if you ……Let potential clients slip away by not emailing them regularly.

You’re a Turkey if you ……Don’t send clients and potential clients Thanksguiving day cards, Birthday cards Anniversary cards…etc.

You’re a Turkey if you ……Listen to the TV news and Radio news before you go to work each day.  The news is almost always focused on negativity and negative events.

You’re a Turkey if you ……Waste time hanging around the water cooler and complain about how bad things are.  Get moving. remember, action beats the heck out of meditation.

You’re a Turkey if you ……Don’t save at least 5% to 10% of everything you earn.  You have to pay yourself first!

You’re a Turkey if you ……Don’t make yourself valuable by learning new skills and talents that are valuable to your industry.  No body owes you a thing in this life.

You’re a Turkey if you ……Don’t keep track of trends that are related to the real estate industry.

You’re a Turkey if you ……Watch too much TV and don’t take classes or read books that are related to the real estate sales industry.

You’re a Turkey if you ……Don’t learn how to make some good extra money on the Internet that is related to your business or market your real eastate business there!

You’re a Turkey if you ……Don’t find an experienced mentor or read books on someone that is successful in some aspect of the real estate field.

You’re a Turkey if you ……Fail to invest in real estate yourself.  How can you advise anyone on real estate investing, if you have not done so yourself?

You’re a Turkey if you ……Haven’t made yourself visible by making speaches, joining clubs, giving a class, writing a newsletter.

You’re a Turkey if you ……Let other people determine your attitude in life!

You’re a Turkey if you ……Let anything from stop you from attaining your dreams.  Remember, brick walls are built to keep out the people that don’t really want to do it!!!!

I hope you had a great holiday today!  God Bless!!!

ELMO

Hey, Even Turkeys Get Hungry!!!

RE: Real Estate Deals on the Net

A lot of people are looking at foreclosures these days because there are so many of them to go around. If you watch the news very much, you will see all sorts of news reports on how states, especially Florida and California, are reeling in foreclosure madness.

While a lot of that is accurate, for every disadvantage there are the opposite seeds of advantage. If you calm yourself down and take a good look at the situation you may find a chance to make money while everyone is loosing it. The one thing that you need to keep in mind about investing of any kind, is that when markets go down someone, somewhere, will figure out a way to take advantage of that particular situation and make money from it.

Yes, while it is true that a lot of people are going into foreclosure this may be the time to finally get your hooks into a real good piece of investment property or buy a little better house that you thought you could afford. The question that usually comes up pretty quick is, “where and how can I find these properties?”

The most traditional method of finding these types of foreclosure properties is by going downtown to your local court house and looking them up. It s not easy to do, but you can do it. However, with the advent of the Internet, I have found a much easier and efficient method of finding these foreclosures.

The name of the resource site that I would like to recommend is called, Siezed Real Estate Com

This resource site has everything that you will need to nail down foreclosures in your area and help you find a diamond in the rough that you are looking for. Not only can you find excellent pieces of bargain real estate at this site, but you can also find many motivated sellers that would like to unload their houses at a fraction of the cost.

There are tax seized pieces of real estate, zero down options, police auctions and a host of other types of properties that you can turn a profit on. This is one of the best ways to find real estate deals on the net and real estate bargains online.

Don’t just take my word for it, go to: www.seizedrealestate.com and look at all of the bargain properties that are listed.

For those of you out there that don’t believe that you need a Web site that separates you from everyone else, here’s a little bit of news for you. Californian’s are leaving their state in droves and guess where they are moving to? Kentucky and Tennessee, especially the Nashville region. While the rest of the country moans about the huge mortgage fiasco and deals with foreclosure hassles, Tennessee is booming.

During a recent poll, some 60% of Californians under the age of 50 stated that they will be leaving the state for greener pastures. What does this mean for realtors, brokers and just about everyone else in the KY, TN region? MONEY!!! Due to the fact that we have lower taxes and real estate prices, plus the weather is very fair here we can expect a migration of sorts.

Many people looking to move are utilizing the Internet to scope out properties in other places and if you set yourself apart from the crowd, you can profit on this new trend.

Here is a breakdown of what you must do:

• Get a Web site that is not provided by your company. Most of them are cookie cutter sites and all look the same.
• Get a ton of articles that will show that you really know your stuff and that will be search engine optimized to bring these people to your site.
• Get an opt – in email box for the site.
• Link up to realtors in the California region that can share commissions with you.
• Link up with realtors in the Tennessee area so that you can share commissions with them
• Build a massive list of potential clients
• Get in with local clients and build a list there as well. Keep in constant contact with them. (please see my article on Constant Contact)

If you are interested in having a mind blowing site contact me at mark.ellis@insightbb.com

WWW.EXPERTREALTORWEB.COM