Archive for March, 2009
Map Multiple Locations
I have been asked recently by some agents how to map multiple locations on a map. I found a site that allows you to copy addresses into it and it will map multiple locations. This is great for mapping out a group of houses your are going to show to one of your buyers. You could also use it to show all of the properties that fit your clients criteria and then they can see them on a map to get a visual on the location.
One of my customers sends it out to his client so they can get a general idea of the areas that fit their criteria. You can download ASCII files right out of MyMls and copy that file directly into this site, and it will covert it to a KML file that can be opened up in Google.
Once you do your first map you will be able to produce them quickly
Add comment March 19, 2009
Fannie and Freddie Rules for Refinances
This is a great article by Kenneth R. Harney with the Washington Post. It covers the overall rules to refinance a Freddie or Fannie loan. A couple of key highlights. These refi’s are not exclusive to primary residences. Second homes and “small” rental properties are eligible in some cases.
These loans are designed to help the 4 million to 5 million home owners with Fannie or Freddie Mortgages. They will help them to lower rates even though they would normally not qualify because of a decrease in the property value.
Funding of these loans is scheduled for early April. There a some key exceptions to the traditional requirements as well. For example: Credit Scores, & Second Mortgages. Check it out, it’s a good one!
Add comment March 16, 2009
February 2009 Stats
Here are the Denver Metro Stats for February. Closed residential sales were down 14% in February and down 15.8% year to date. Inventory levels are off by 20% compared to this time last year and new listings for February are down 23.6%. The average sale price for residential homes was at $236,920.
If you need stats for a specific area let me know.
Add comment March 11, 2009
March Technical Bulletin
Here is the Technical Bulletin for March 2009, “Alternatives to Foreclosure and Foreclosure Scams to Avoid“. This months bulletin gives a good overview of a few of the options your clients have to foreclosure. Also, here is a link to Federal Trade Commission a great resource for you and your customers.
Add comment March 9, 2009
February Technical Bulletin
Here is the Technical Bulletin for February 2009, “10 Ways to Grow Your Business In Today’s Down Economy“. This piece just reminds me that the right activity drives business. We can all stay busy with day to day stuff, but if we focus our time on the right activities our business will continue to grow. During the day I focus on setting one on one appointments, make calls to meet with new people, and networking. I also like the note in this bulletin about Social Media.
Add comment March 2, 2009
