HOMEBUYERS: FIND A “RENOVATION LENDING CERTIFIED PROFESSIONAL” LOAN OFFICER, REALTOR OR CONTRACTOR

Renovation Lending Expert Skip Schenker Attends “2011 REO Expo” In Ft. Worth, TX Attended By Nearly 2,000 Default Industry Professionals

Skip Schenker poses with Mr. Christopher Gardner, author of “The Pursuit of Happyness” and the subject of the successful movie starring Will Smith. Both Gardner and Schenker were presenters at the 2011 REO Expo, hosted by “HousingWire” magazine, held last month in Ft. Worth Texas. Nearly 2,000 Default Industry Professionals gathered for education, motivation and networking. Magic Johnson was also one of the guest speakers.

The Future Of American Housing: NPR Looks At “Life After Fannie Mae And Freddie Mac” (Audio)

CLICK ON BUTTON TO HEAR “NPR” REPORT

•  Lawrence Yun, chief economist at the National Association of Realtors has stated: “Let’s have a government role, right at the front…”
• “It’s just ingrained in the American mindset that to say, ‘I own a property. I own piece of America,’ ” says Yun, explaining why housing is special
• The worry is that if the government pulls out of housing too far, loans will be harder to get and interest rates will go up
• Without a government guarantee, all those pension funds and foreign governments will be reluctant to lend Americans money to buy their houses
• Scott Simon, head of the mortgage division at the money management firm PIMCO, was quoted as saying that his company is “one of the largest holders in the world of agency mortgages,”
• If there is no government backing, investors like PIMCO won’t take the risk on mortgages
• The most likely solution is  that private companies would shoulder most of the risk and take big losses in a crisis and the government will step in as a last resort
•  There will be a re-creation of Fannie and Freddie, but the government and the housing industry will pretend that this is not the case
• Mortgage companies will start taking more risks and the housing industry will eventually recover and improve
• Can America avoid another housing bubble and resulting economic crisis?…..

For more:  http://www.npr.org/blogs/money/2011/03/31/134863027/whats-next-life-after-fannie-and-freddie

Renovation Lending Expert Skip Schenker Talks About How The FHA 203k Mortgage Can Allow More “Owner-Occupant” Homebuyers To Purchase Homes With Defficiencies (Video)

Skip – REOMAC – The Gift of the 203k

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CLICK ON PICTURE TO WATCH VIDEO

Renovation Lending Expert Skip Schenker discusses how the FHA 203k loan is the perfect way to sell homes to “owner-occupant” buyers. Owner-occupant buyers will pay more for homes and allows the buyer to fix-up the home’s defficiencies and deferred maintenance.  

http://fundmyremodel.com/

March 2011 Housing Market Data Shows Weak Home Prices And Sales, Home Price Expectations Show Some Improvement But Existing And Potential Housing Inventory Remains High

Renovation Lending Institute Assists Listing Broker With Compton, CA “HUD Property” By Producing “Electronic Flyer” Featuring Government Renovation Financing And “Before And After” Enhancements

CLICK ON "RENOVATION LENDING INSTITUTE" TO VIEW EFLYER

Justin Potier Of Boardwalk Properties Is Offering “6223 10th Ave, Los Angeles, CA” With FHA 203k Renovation Financing For As Little As 3.5% Down Payment

CLICK ON “iMortgage” TO GET MORE INFORMATION

“What are you doing to attract owner-occupant buyers?  Your client wants to know…”

 Check this out…

• Pre-Inspection for FHA repairs and bid available to qualified buyers by a licensed contractor.
• Digitally Enhanced “After” photo to help the buyer visualize what the home “COULD” look like fixed up.
• Professional Electronic flyer with embedded links to your website, Google map of property location, email you with the click of a button.
• Thumbnail version available to be linked to your website, posted on the MLS or emailed to your farm.
• Flyer will be posted on the www.RenovationLendingInstitute.com national website
• Will also be posted on active rain and numerous other blog sites.
• Partnered with a skilled Renovation Loan officer who guarantees closing in 45 days or less.

 ALL THIS FOR THE LOW PRICE OF… $ FREE    (For the first 25 who respond by replying to this email)   Regular price is $107.00.  Call and ask about our volume discounts of 10 or more properties at a month. This is the cheapest and easiest way to show your clients what you are doing to attract “owner-occupant” buyers.  Get more accounts by using this unique “owner-occupied” marketing tool. 

800 385-3503

Skip Schenker Of The Renovation Lending Institute Talks About The Gradual Elimination Of 30-Year Fixed Rate Mortgages (Video)

30 Yr loan – days are numbered

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Skip Schenker of the Renovation Lending Institute and iMortgage talks about the future of the 30-year fixed rate mortgage. Within three years, with the phasing out of Fannie Mae and Freddie Mac, the 30-year loan may be replaced by Adjustable Rate Mortgages (ARMs). This is an additional reason to consider purchasing or refinancing now to lock in a low, long-term rate.

The “Shadow Inventory” Of Foreclosure Homes In America Makes FHA 203k Renovation And HomePath Renovation Financing Critical To “Revitalization Of America’s Housing Stock” (Video)

Revitalize our shadow inventory

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CLICK ON PICTURE TO WATCH VIDEO

The “Shadow Inventory” includes millions of homes where homeowners have not made payments and the homes will have deferred maintenance and major repairs needed. Thesee homes will eventually come to market as distressed sales and in major need of repairs. The FHA 203k renovation loan and HomePath renovation loans will allow homebuyers to purchase the homes to make necessary repairs, bring home up to code and improve the home to the owners every satisfaction.

Renovation Lending Expert Skip Schenker Discusses The “Shadow Inventory” Of Up To 11 Million Homes That May Go Into Foreclosure (Video)

Skip Schenker of the Renovation Lending Institute talks about the “Shadow Inventory” that could include up to 11 million homes that could default and go into foreclosure. Research shows that 95% of all loans that are 60 days late, or 5 million homes, are at risk of default.