Michelle 's Blog

Got a person that has a home that is in a area that some of the most recent comps. are for 27000, 35000, and the most 50000. Here is the deal the person owes 65000. The person needs to SELL the home really bad because they have two mortgage two light bills and you guys know the drill. What would ...

The title is so true..... Normally this time of the month blogging is the last thing on my mind. With a market as slow as it is right now and companies like Countrywide laying people off it is another BLOGGING DAY. I am truly blessed I have a closing today. After today I have nothing except some ...

I was reading a blog from another agent stating that a few main subprime lender are filing bankrupcty. So when I googled the information provided I was SHOCKED to see that AMSTAR mortgage company is layoing off a huge amount of its employees. Guys we are need to think of something in all area to ...

Here recently when it comes to Real Estate I have been thinking outside the box. For example, I 've been text messaging listing to everyone in my phone. Not just Real Estate agent but friends and family. I've been sending e mail and faxes to businesses with in the property infornation on it. Also...

Has anyone ever closed a Rural Development loan through USDA. Well here is the deal from what I understand. A rural development covers rural areas with NO PMI. The interest rate is like 6.5 the only catch is it has to be in a rural area. You can go online to the usda rural development web site to...

The market here has really slowed down due to the fact that the sub prime loans are almost gone. Agents are real BACK STABBISH. That's about the only way I can discribe it. The buyers know that the market is catering them and also the agents. The seller are reducing the homes and the buyer are as...

Today I got a call from a client I SOLD a house to LESS than two years ago. He called me today because he said that he wanted to sell his home. So of course I asked the basic questions. Well in the middle of the answer everything he was saying was negative. So I STOPPED him and asked is there som...

Newbie at this short sale thing.....Got quesions?????? Okay the seller is behind on the mortgage not really behind enough to foreclose but I don't want it to get that far. The husband and wife are going East and West. If I wanted to work this as a short sale what do I need to do first. Do I get i...

On Tuesday I closed a loan with www.naca.com at an interest rate of 3.25 percent FIXED. This loan is AWESOME. The program offers buyers One hundred percent financing with NO CLOSING COST. I know this is by far the best loan I have ever closed. The buyer had to pay 16000. to get this rate but if h...

Congrats to Jeff Fulgham, Damion Flynn, activerain and of course yours truly for getting the cover on the recent Real Estate Leader Publication. This is the Offical Publication of the Mississippi Association of Realtors. The reason we were picked is mainly because of Activerain.  The article focu...