Financing & Credit Archive

3 Actions to Take After You Receive a Bogus Email

You may recall a previous post about Sue Dietz, an Iowa real estate agent whose identity was being used by scammers to send fraudulent emails to other real estate professionals all over the country. The emails, which were sent...
March 16, 2017

Money’s Available to Buy But Many Renters Don’t Know It

Millions of households are mortgage-ready but don’t even try to buy because they can’t come up with a downpayment. And yet, remarkably, hundreds of downpayment assistance programs around the country are largely untapped. Why the disconnect? To be sure,...

Webcast Recording: Using a Reverse Mortgage to Buy a Home

REALTOR® Magazine recently hosted a live webcast about how reverse mortgages, also known as home equity conversion mortgages (HECMs), can be used to help seniors finance the purchase of a home in addition to their traditional purpose of enabling...
February 24, 2017

Local REALTOR® Leader Has Been Dealing With a Nightmare Email Scam for a Year

  Wire fraud schemes have been a hot topic in the real estate industry lately. But one real estate pro says she’s been caught up in a different kind of nightmarish scam — one that victims can do virtually...
February 16, 2017

Should Your Older Clients Buy a House Without Having to Make Monthly Payments?

The retirement boom is on for baby boomers so expect a lot of downsizing in the years ahead as older homeowners replace their suburban house with a condo. Now, how do you respond if you have clients who want...
February 2, 2017

Live Webcast: Using a Reverse Mortgage to Buy a Home

Note: This event has already occurred. Watch a recording of it. Reverse mortgages, also known as home equity conversion mortgages (HECMs), can be used to help seniors finance the purchase of a home in addition to their traditional purpose...
January 12, 2017

Important Tax Provisions Still Available for 2016 Tax Year

The following status update on mortgage debt cancellation relief, an important federal tax issue for homeowners, is written by Jon Boughtin of NAR Media. The 114th Congress recessed in early December without completing work on a so-called “tax extenders”...

Families Can Get $11,000 More In Loan Funds

Interest rates are inching up and credit can still be hard to get but there is one bright spot for households hoping to buy a home soon: they can get a larger loan now, thanks to recent loan-limit increases...
December 19, 2016

Using Facebook to Generate Offline Referrals

Facebook: is it friend or foe when it comes to building your business? On the face of it, a social media site like Facebook would seem to be a no-brainer for reaching out to people when they’re ready to...
October 24, 2016

The Business Case For Caring About Clients Long After the Sale Closes

It’s something many real estate professionals know about. Right after a sale closes, many clients don’t just like the agent that helped them; they love the agent that helped them, especially when the transaction went seamlessly and was even...
October 6, 2016