This Thursday morning, the Federal Reserve Bank of New York announced its intentions to conclude arrangements for the financing of JPMorgan's acquisition of Bear Stearns by June 26 and finish valuating the investment bank's portfolio. "The New York Fed, in coordination with JPMorgan Chase, is wor
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05/29/2008
Dan Sullivan, a top success coach, and founder of The Strategic Coach®, created a set of four habits salespeople and entrepreneurs need to practice in order to maintain their existing clients, and generate automatic, unsolicited referrals. Here Are Dan Sullivan`s Four Referrability Habits: 1. Sho
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05/18/2008
I just finished a conference call with Sue Woodard and special guest Jodee Brydges. The call was about setting your self up as the expert, and educating people out in your communities instead of CNN ( Constant Negative News) as I have heard been called. We are the professionals not the media. T
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05/15/2008
I felt compelled to write this, as I was just on the phone, and this particular person appeared to give me every excuse on the planet why she should not do a short sale on her home. I finally asked her why she thought the way she did, and she came up with some reasons that I could not believe( be
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05/13/2008
I'm not the expert here. I just have had some recent success lately in getting my clients to have their property taxes re-assessed, and lowered that I'm thinking of doing this myself. In todays decling real estate market every dollar helps, and it is better in our pocket. Call the assessor's off
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05/08/2008
What is your specialty? What part of the business do you enjoy the most? Which areas do you want to concentrate in? What is your thirty-second pitch?For example, if you say "Luxury Homes," tell us what that means for you and your clients. Or look at the word, "Foreclosure." That is a good buzz wo
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05/05/2008
Quitclaim deed is a legal document that helps to transfer your share of interest in the property (house, land, mobile home, etc) to another individual. The person giving away the interest is the grantor while the one who accepts it is the grantee. While the interest is transferred, no warranty is
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05/05/2008
Real estate agents are not the only people who have seen their incomes take a hit as a result of the housing slump.Last year we saw a significant decline in the market; this year, even more so. I've seen a lot of people get out of the business as a whole, and even many of my old friends who were
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05/01/2008
Housing and Urban Development Secretary Alphonso Jackson announced his resignation this past Monday. Mr. Jackson was accused by two senators from Washington (Patty Murray) and Connecticut (Christopher Dodd) of being ineffective from wrongdoing. With FHA loans making a comeback, Alphonso Jackson r
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04/02/2008
Intermediate ARM prices got you down? This came from Fannie's trading desk: "In the last week, we've seen (prices) on ARMs collapse relative to their fixed-rate counterparts.... the rate on a 5/1 Hybrid had been running at 1% or more below the 30yr fixed rate, but over the past week, that spread
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03/12/2008
