Why you need to make your website mobile friendly

The writing is on the wall and even more writing is in the palm of your best prospects hands.  Take a look around you.  Everyone is surfing the mobile web.

This is especially important in the housing business.  People look for homes and information while they are mobile.  (For god-sake please pull over before you type in that URL!)

By 2013, annual global IP traffic will reach two-thirds of a zettabyte, according to a forecast of IP traffic issued by Cisco. What is a zettabyte? It is a trillion gigabytes, dummy. (I had to look that up too). 

Mobile internet is the fastest growing segment.

Why are mobile visitors going to your site?  Most of the time, they are looking for specific information that they need while on the go - your phone number or directions to your office.  How many times have you used the Internet to look up a phone number or get an address?

For real estate agents, presenting your listings, formatted for a mobile device is essential.  Often listings are accessible via an RSS feed.  An RSS feed can be easily integrated into a mobile friendly version of your website.

Creating a small website designed for the tiny mobile web screen will give your prospects more reason to do business with you.  You will make it easy for them to get the information they need.

What will it cost?  I am making mobile friendly basic websites for as little as $99 set up fee and $19.95 per month.  Just give me your existing website address and sign up for the free trial, and I will set up a mobile friendly version of your site.

 Go here to give it a try. http://leadsnet.net/freetrial.html

Moratorium on Foreclosing of Homes Sought

WASHINGTON, Aug. 26.  Chairman Franklin Fort of the Home Loan Bank Board told the United Press that the administration is seeking a 60 day moratorium on foreclosure of all mortgages in the United States.

Fort said the program included mortgages on commercial plants as well as private homes and that cooperation of active financial institutions as wells as those in the hands of receivers would be sought.

The above quote is from The Berkeley Daily Gazette Aug 26, 1932

Will history repeat itself?   Will our government make the same mistakes that prolonged the first depression?

Banks increase short sales as MERS foreclosures come into question.

The MERS debacle is having the effect of causing banks to utilize short sales as a way to mitigate losses. MERS stands for Mortgage Electronic Registration System, and is the nominee assigned by lenders to facilitate trading of securitized portfolios of notes guaranteed by deeds of trust.

CNN Money


MERS allowed lenders to circumvent local recording fees to municipalities by keeping the records electronically. The problem is that recently courts have thrown out foreclosures because MERS has no legal standing since they are neither the maker of the note nor a beneficiary.

Watch this video of Rep Grayson.

Short Sale Blog News

News 8 new results for short sales

Growing short sale market feeds vulture investors New Mexico Business Weekly Flopping, a fraudulent way to flip homes, arrived in New Mexico about 18 months ago, but is increasing as more short sales occur, according to area brokers ... See all stories on this topic » New Mexico Business Weekly

The impact of short sales and foreclosures on your credit score Helium Despite current financial difficulties they often consider how either a short sale of foreclosure will limit their future ability to borrow money or enter ... See all stories on this topic »

Determining if you should choose a short sale over a foreclosure Helium As more properties come onto the market as either short sales or foreclosures, it can be difficult for the buyer to make a choice over which represents the ... See all stories on this topic »

Rep. Rooney's Bill Gives Lenders 45 Days on Short Sales Sunshine State News (blog) J., to introduce legislation that will speed short sales and spur growth in the housing market by requiring lenders to decide whether to accept an offer ... See all stories on this topic »

Short of the Day: AAR Corp. Seeking Alpha With short sales we are looking for opportunities in companies that have the ability to move down from where they are. The upside is very limited for AIR ... See all stories on this topic »

CoreLogic: Distressed-Sales Down, But Expected To Rise Mortgageorb by MortgageOrb.com on Thursday 16 September 2010 Distressed sales - real estate owned (REO) and short sale transactions - are at a seven-month low, ... See all stories on this topic »

Blogs 5 new results for short sales

How to Navigate a Short Sale | Buying and Selling | REALTOR.com® Blogs By Lisa Lyons This article on Realtor.com is about the process of short sales. REALTOR.com® Blogs - http://www.realtor.com/blogs/

A Fresh Approach to Short Sales - Banktime.com By Stephanie Those homeowners trying to get through the often-painful process of a short sale to stall off foreclosure are all too often stymied in their attempts – bound by red tape, long delays, and the frustration inherent in the whole process. CD Rates - Savings Account -... - http://banktime.com/

Suntrust Bank Short Sale Process | Santa Clarita | SCV Short Sale ... By Tim Suntrust Bank's short sale department and negotiators rank among the slowest to work with. Good news is that if you have a mortgage with suntrust bank and miss your payments you may be in your home over a year…. SCV Short Sale Center - http://www.scvshortsalecenter.com/

Use a short sale to stop a foreclosure « My Blog About Chicago ... By admin Chicago IL – There are many reasons to use a short sale to stop foreclosure. If you want to keep your home, then you need to attempt a loan modification. If you do not want to keep your home, then you need to consider your options. ... My Blog About Chicago Short Sales... - http://chicago-shortsaleblog.com/

Short Sale Blog News

Short sales soar in California, US Los Angeles Times Instead of taking over homes through foreclosure and then selling them, many lenders are agreeing to short sales, in which a home is sold for less than the ... See all stories on this topic » Los Angeles Times

Study: 1-in-53 short sales is fraudulent OCRegister By JEFF COLLINS Just this week, Altera Real Estate's Steve Thomas reported that the backlog of Orange County short sales is dizzying. About half of OC short ... See all stories on this topic »

ServiceLink's Streamlined Approach Producing Faster Short Sale Turnaround MarketWatch (press release) ServiceLink is also reporting that the timeline from contract approval to closing has been reduced to less than 45 days, providing for a total short sale ... See all stories on this topic »

ESOLA: Another short sale that defies the name North County Times Here I am talking about the short sale. They ought to rename it a "long sale" because well, nothing is short about it. Long streams of paperwork. ... See all stories on this topic »

Chinese drywall short sale denied because of paperwork mistake Wink News A WINK News investigation uncovers a problem with short sales of homes with Chinese drywall. One woman says a paperwork mistake is inflating the price of ... See all stories on this topic »

ServiceLink Streamlines Short Sales to Less than 74 Days Housing Wire ServiceLink now boasts that a streamlined short sale will take less than 74 days. A usual short sale can take over five months. ServiceLink stated that it ... See all stories on this topic »

Selling a home: Pricing right in a housing slump CNBC Foreclosures and short sales, where the owner sells for less than what's owned on the property, complicate matters. Be honest. Are the foreclosures or short ... See all stories on this topic »

PartnerFirst's Pre-Foreclosure Specialist Certification Receives Support from ... PR Newswire (press release) "What impressed me most about PartnerFirst was how intimately they are aware of what it takes to close a short sale," said Mark Starks, Chief Executive ... See all stories on this topic »

Blogs 5 new results for short sales

Lender Losses Mount From Short Sales, Topping $310 Million in 2010 ... By Michael Gerrity According to CoreLogic's (NYSE: CLGX) latest 2010 Short Sales Research Study, lender loss is now over $300 million annually with over half of all short sales occurring in California, Florida, Texas and Arizona. ... REC News Center - http://www.realestatechannel.com/

House Keys | Sun Sentinel Blogs | Short sales triple to 400000 ... The study also found that risk of “unnecessary losses” to lenders happens in one in every 53 short sales. The average amount of unnecessary loss is $41000 per transaction. CoreLogic says the definition of fraud continues to evolve but ... House Keys - http://weblogs.sun-sentinel.com/business/realestate/housekeys/blog/

Short Sales In Orlando Florida Series – Lesson 3 – The Lender ... By admin Short Sales in Orlando Series overview In Lesson 1 the definition of a short sale was established. The homeowner negotiates with their lender. FactHippo.com - http://www.facthippo.com/

Iowa Short Sale Story - Mortgage Forum - LoanSafe.org By brokepepper Well, after posting and reading (and reading, reading, reading....) I've made my decision. I'm going to go for the short sale. Here are the quick. Mortgage Forum - LoanSafe.org - http://www.loansafe.org/forum/

Florida Short Sale Help | Businesses Taking Advantage of Short ... By admin Considering the impressive savings potential short sales and foreclosures offer buyers, it is not surprising why a lot of businesses or companies in Manatee County are taking advantage of such great investment opportunities. ... Florida Short Sale Help - http://www.floridashortsaleshelp.com/blog/

HAFA Training Video Webinar

This hour long video is essential for anyone in the real estate business. Jason Baker goes through the new HAFA (Home Affordable Modification Alternatives) rules and how it effects your short sale business. He also demonstrates the powerful Short Sale Success (tm) software that will streamline your short sales and make compliance and closings easy. Watch it here

Home Affordable Foreclosure Alternatives Update

The governments HAFA program has had some last minute changes that makes the program twice as appealing to potential short sellers. The foreclosure alternative program now pays out $3000 to homeowners who sell their house for less than they owe - a short sale and now $6000 to second lien holders. Previously the government paid out only $1500.

Lenders are compelled under the new rules to answer a valid offer within ten days. Before theses rules lenders did not have any time constraints and short sales were anything but short.

Lenders who offer HAMP modifications must offer the HAFA program before they can foreclose. The HAFA rules apply only to loans made prior to 2009. The borrower must be "at-risk", which means that they have a verifiable hardship. The program only applies to conforming loans under $729,250 and their first mortgage payment must be less than 31% of income.

http://makinghomeaffordable.gov/hafa.html