The fallout from the credit crunch and housing bubble have had a sharp impact on home owners who have jumbo loans. The marketplace for loans over the agency limit of $417,000 has been very problematic since August of 2007. Traditionally jumbo loans have been priced only slightly higher than a conventional mortgage, but this [...]
It is fairly common for real estate companies and mortgage brokers to use leads. There is a difference between mortgage lead generation and real estate generation. Mortgage lead generation deals with people who need to refinance their homes or apply for loans, while real estate lead generation is a service that connects potential buyers with [...]
From the very beginning of the industry, real estate infomercials have been very successful. There’s something about the idea of making money in real estate that appeals to a lot of people.
In fact, most of the real estate infomercials that have appeared through the years have been scams for several reasons. First the information that [...]
It was a simple real estate formula. The ads ran in our small-town newspaper for years before I realized exactly what was going on. They were always the same: A house for sale with 5% down and payments of 1% of the purchase price. Maybe a three bedroom home for $90,000, for example, with $4,500 [...]
It was a simple real estate formula. The ads ran in our small-town newspaper for years before I realized exactly what was going on. They were always the same: A house for sale with 5% down and payments [...]
