Posted on Friday, 9th December 2011 by Stella Ransom
The following is the live audio from a FavoriteAgent.com Success Team training call held on December 6, 2011. This is the second installment of . Learn this approach and you will be listing every home for 8% or more while selling your clients’ homes in half the time and netting them more money in the process.
Listen in and learn how to become the top listing agent in your market. And
Tags: Call, Mastermind Call
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Posted on Sunday, 4th December 2011 by Stella Ransom
U.S. federal regulators have launched a formal safety defect investigation of the Chevrolet Volt after new battery fires in tests, the National Highway Traffic Safety Administration said.
Earlier this month, U.S.
Tags: Chevy Volt, Volt
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Posted on Saturday, 3rd December 2011 by Blake James
Massachusetts Attorney General Martha Coakley is suing five of the nation’s largest banks over alleged “unlawful and deceptive conduct” in the foreclosure process.
Coakley today filed what she’s calling the “nation’s first comprehensive lawsuit” against Bank of America, Wells Fargo, JP Morgan Chase, Citibank and Ally Financial over alleged unlawful foreclosures and other supposed wrongdoing.
The Suffolk Superior Court lawsuit also names the industry’s Mortgage Electronic Registration System, or MERS, as a defendant.
Coakley and her counterparts in other states around the country have been probing the banking industry for more than a year over allegations of major problems with mortgage and foreclosure paperwork.
While the two sides had been negotiating a possible multibillion-dollar, out-of-court settlement, Coakley announced in August that she had lost confidence the talks would resolve the issue.
Critics claim lenders failed to file paperwork, forged signatures on documents and otherwise broke states’ real estate transaction rules during the housing boom.
Later, firms allegedly backdated filings and engaged in other questionable practices to foreclose on properties once the market went bust.
“I am greatly pleased that Attorney General Coakley is taking on MERS and the big banks and holding them accountable,” said John O’Brien, the Southern Essex County register of deeds.
O’Brien has long claimed that banks avoided millions of dollars in filing fees by failing to submit proper paperwork to county registries of deeds.
Bank of America and other lenders temporarily halted foreclosure proceedings last year after lawsuits by homeowners uncovered a pattern of so-called “robo-signing.”
That’s where low-paid employees signed hundreds or even thousands of mortgage and foreclosure documents per day — sometimes using other people’s names and titles.
Many of the documents stated that the person signing swore under penalties and pains of perjury that the bank had the right to foreclose on a property.
However, some robo-signers later admitted in court depositions that they barely knew what they were signing.
The banking industry has generally denied any wrongdoing. Lenders argue that any paperwork fl
Tags: Banks, Banks Foreclosure
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Posted on Sunday, 27th November 2011 by Charles Melvin
Italy’s Premier Silvio Berlusconi resigned his 17 year long tenure early last week, signalling the end of an era for a country which is now struggling under the weight of $2.6 trillion of Government debt.
If Italy collapses, economists predict large parts of Europe will enter a deep recession, likely to also spell the end of the 17 nation Eurozone experiment.
Australia is unlikely to escape the fallout – the Eurozone is China’s largest export market and in turn, China is Australia’s largest trading partner. Banks may also be forced to raise interest rates regardless of the Reserve Bank’s actions if the cost of offshore financing increases amid potential massive debt write-offs.
Domestically, an RD Data report shows Melbourne vendors are dropping their asking price by as much as 25% in some suburbs to secure a sale. The volum
Posted on Saturday, 26th November 2011 by Stella Ransom
When you look at your holiday calendars you may find the months already overloaded with seasonal obligations — shopping, entertaining, children’s pageants, charity work, decorating the house, and so much more. If you are also trying to sell your home, you are under extra pressure to keep your home in “showtime” condition. And that could be the last thing you need before the holiday spirit is broken.
It is understandable why you would be tempted to take your home off the market during the holidays. And the list of justifications is long. If you are too busy, buyers may be also, and you may find your efforts unrewarded by enough showings. And what if you do get an offer?