Mark Rienzie's Blog

            Understanding Short Sale Transactions | A Guide to Short Sale Facts & Myths                                                                                                                                                          A short sale unfortunately has become a common buzz word...

I've noticed an interesting trend lately. And by interesting, I mean completely and utterly frustrating. Recently, I've been lucky enough to be working with a few "All Cash" buyers, or at least lucky in so much as their purchases weren't reliant on a bank. Yes, interest rates are ridiculously low...

We just had another scam hit our area. This one is where an out of the country buyer tries to ratify a contract and "snail" mail a deposit to our escrow company. Next they cancel the contract (based on HOA docs) and try to get the escrow company to wire deposit back... (all before his original ba...

Image via Wikipedia One of the forums in which I participate has had stories on both sides of this issue for a couple of months… with the more conservative members saying that there is a 3.8% sales tax on the sale of homes, and those that are more supportive of the President and his policies say...

The scenario is played over and over across the land as bargain-seeking homebuyers attempt to purchase a foreclosed property.  A real estate agent constructs an offer for the home, and the offer is “acknowledged!” But first there are a “few” addenda that must be signed before the deal is done. A...

An interesting read this afternoon:  A post about an agent who does not sugar coat, gloss over, but knows the facts and is direct with her local market (which has lost 30% of value, overall.) In a comment I read: " . . . there are no short sales [in a particular area] because people do not buy mo...

Hi folks. Here's a helpful guide put out by Bank of America. To find more useful information like this be sure to visit http://ShortSaleSuperStars.com We now have almost 3,000 Short Sale Professionals sharing information to make handling Short Sales easier for all. Pop over and check us out. It's...

They call their selves "mortgage specialists" or "mortgage professionals". They are definitely everywhere inside the real estate industry and you see their ads all over real estate centric websites, at real estate events and even in your email. They admittedly buy articles to publish which were w...

HEY FANNIE MAE.  I HEAR YOU'RE PLANNING A COOKOUT FOR THE 4TH OF JULY. GAMES FOR THE PARTY.  FANNIE MAE PLANS A TREASURE HUNT.  Hey Fannie Mae!  I heard you're COOKIN' UP some new ways to bury the American home owner deeper into financial ruin. YOU'RE PARTNERS AT THE FED AND TREASURY DID A PRETT...

100 Ways to Create Real Estate Leads. How effective is your marketing? Until you start this important element of your business, your business will not really get started... The key fundamental element in the first level of your real estate investing business is creating systematic and consistent ...