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Greetings!
We've changed the look and feel of our virtual sales meeting. Our cleaner, easier to read virtual sales meeting is intended to bring our agents up-to-date with what's happening in our market and with what's new at OwnerLand.
Agent participation is welcome! If you have information, an article, or even a recipe you would like to share with everyone, please email us at weekly@ownerland.net.
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 OWNERLAND CORPORATE EVENTS
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Lunch'n Learn
Date/Time: Thurs, May 28 @ 12pm
Sponsor: Option Financial
Subject: 203K Financing
RSVP: Ginni Barnhart or Ashley Clemons, 513-896-1200
Warning! Seating is Limited...so RSVP today!
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Uniform Process for Short Sales Will Help Struggling Homeowners, Say Realtors
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WASHINGTON,
May 14, 2009
Help
is on the way for many homeowners who are facing foreclosure, thanks to
new details under the Making Home Affordable Program announced today by
the U.S. Treasury and the U.S. Department of Housing and Urban
Development.
The Making Home Affordable Program is designed to help homeowners
obtain modifications to their loan so they can afford to stay in their
home. Where a modification is not possible, new incentives encourage
the "quick private sale or voluntary transfer of property, which will
save homeowners money and protect their financial future," according to
U.S. Treasury Secretary Timothy Geithner. The National Association of
Realtors® expects that a uniform process for handling short sales and
financial incentives will facilitate this process. View a summary of the incentives and process (PDF)
"NAR is pleased that the government is stepping in to help prevent
foreclosures by streamlining the short-sale and deeds-in-lieu process,"
said NAR President Charles McMillan, a broker with Coldwell Banker
Residential Brokerage in Dallas-Fort Worth. "NAR has been calling for
uniform short sales procedures and other initiatives that will help
today's homeowners in challenging economy."
Short sales occur when a bank agrees to let homeowners who have fallen
behind on their mortgage to sell their home for less than they owe on
their mortgage. Visit www.treasury.gov for detailed information on the program changes.
"Many families are finding themselves with a mortgage that is higher
than their current home value, and they are struggling," said McMillan.
"As Secretary Geithner noted, and as NAR has been advocating for many
months, stemming the foreclosure crisis and stabilizing the housing
market are critical to our economic recovery."
"We have heard from Realtors® that the extensive delay in the short
sale process had caused many buyers to go elsewhere and have left many
would-be sellers with no option but foreclosure. We are all pleased
that the government has stepped in to help homeowners and those wishing
to buy a home," McMillan said.
The National Association of Realtors®, "The Voice for Real Estate," is
America's largest trade association, representing 1.2 million members
involved in all aspects of the residential and commercial real estate
industries.
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What's Happening at OwnerLand Realty!
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 WE NOW HAVE A BLOG!Click this LINK to start blogging with OwnerLand Agents! Use this tool to discuss market and home issues, lending topics, helpful hints, good network partners, anything that helps our associates! Have any concerns? Share them! Know a good roofer? Share them! Find a good loan program with a particular lender? Share them! If the link doesn't work, simply type http://ownerlandrealty.blogspot.com/ into your web browser.
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ATTENTION!
When is YOUR Continuing Education due?
For new agents, you are required to complete a 10 hour post-licensure course by your next birthday!
For the rest of us, we are required to have 30 hours of C.E. by your birthdate every 3rd year! This includes 9 hours of core and 21 hours of electives.
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Keep Good Records and Receipts!
Being an agent requires that we pay fees and dues; it's the cost of doing business.
On occasion, you may find yourself having to prove you made a payment to a vendor or organization. Don't rely on their accounting! Keep good records and receipts. You may find it helpful to scan your receipts and keep them in a folder on your computer's hard drive. This can potentially save you headaches and money!
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FUN STUFF
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MORE REAL ESTATE ARTICLES & VIDEOS
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- Realtors® See Buyers Returning to Market... Article
- NAR Awards Grants to Promote Local and State Diversity Activities
...Article - REALTORS® Federal Credit Union Opens for Business...Article
- Market Conditions...Article
- Real Estate Outlook on Realty Times...Video
- Think Big Work Small a great up-to-the-minute resource for real estate and mortgage professionals...Video
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VIRTUAL SALES MEETING CONCLUSION
Thank
you for being a part of OwnerLand Realty. Our success is a result of
our awesome agents! We are so privileged to have you on our team!
We
welcome your input in our Virtual Sales Meetings...so please email me
(ginni@j2res.com) if you would like to submit an article, helpful hint,
recipe...or if you have a great joke to share with everyone.
Have a Great Week!
OwnerLand HR/Marketing Dept
230 Northland Blvd
Cincinnati, Ohio 45246
JSquared RES
513-896-1200 |
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