insert-headers-and-footers domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6131oxygen domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6131You read the headline right… $186.9 BILLION- with a “B.” That figure includes properties in default, foreclosure and lender REO. This is according to data gathered from the research firm, Real Capital Analytics. This figure represents an increase of 12%, or just over $20B, since June. Experts predict that this sky-high range will be around […]
Unless you narrow down the geographical range of where you intend to buy houses, you may be stuck in your car for hours each day driving from appointment to appointment. This really isn't a good use of time. We call this finding your "real sweet spot." You need to quickly identify those parts of town […]
I love competition. Whether it’s in sports or business, and especially when it’s against my friends – I just love to compete. So when my good friend and team member, Jason Cupp, sent me a tweet about this weekend’s football game and a little contest, I couldn’t resist. Jason lives in Kansas City. I live […]
The days of quick home appraisals seem to be coming to an end, even at times being problematic. Lenders are becoming more demanding, and often calling for second appraisals on a home before giving the green light. Where does this stem from? Of course, from the problematic home loans of the past that got us […]
Through their new HomePath program, troubled GSE giant Fannie Mae is offering their foreclosed homes for sale with as little as 3% down. What’s more, that 3% can be a gift from a family member of third party, or a loan from a non-profit, state or local government. Doesn’t this remind you of the “deals” […]
Here’s something a little different. As a company that’s based in Cleveland, I know the streets and the places depicted in this series of images from TIME all too well. I also know that Cleveland is not alone, that many other formerly great industrial cities are also facing the same struggle. It’s like something out […]
“The speed at which house prices fall over the next few months could depend less on mortgage rates and Americans' appetite for home buying than on how banks decide to manage the huge number of foreclosed homes they own or may take from delinquent borrowers in the near future.” Hey... I’ve been saying for a […]
Since we started SREC, Jeff Watson and I have been adamant that if you’re going to get into the short sale business, then you need to do the business the right way. What does that mean? Well, for starters it means that all of your transactions are open and transparent to each party involved. Unfortunately, […]
With foreclosures on the rise, communities are often left with properties that turn into eyesores – vacant, not maintained, falling apart. Last week, HUD awarded an additional $1 billion to state and county governments to help communities clean up the effects vacant homes. This is the third round of the Neighborhood Stabilization Program funding, designed […]
For the second time in the last 12 weeks, rates for a 30-year fixed rate mortgage have tip-toed higher, now sitting at 4.35%. While yes, this is an increase, it doesn’t necessarily signal an upturn in the overall housing situation. In fact, home sales remain sluggish, and it’s not because of mortgage rates. The historically […]
