Archive for Short Sales
Jeff Kaller on NBC, Fox News and Faith-based TV Atlanta today
Posted by: | CommentsOk, my devilish good looks are superceded by my message… Enjoy!
If you’re anywhere near Atlanta, 2 Weeks to Wealth starts Saturday, 9:00 AM at the Westin Buckhead, Atlanta. Call 1-800-592-3334 RSVP. I’d love to see you there.
- Jeff Kaller
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Short Sales–The Plot Thickens…
Posted by: | CommentsI’m all in favor of helping struggling homeowners facing foreclosure, including the option to rent if appropriate. However, I agree with the article below that most homeowners would rather walk away from the property.
In terms of short sales using the Jeff Kaller Method,renting really isn’t an issue, since the property will be sold quickly. But if the new homeownerwants to let the family continue to rent, from then that’s their decision.
- Jeff Kaller
http://twitter.com/thejeffkaller
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PS: Remembers: The homeowners didn’t cause the problem… THEY JUST NEED HELP.
From DSNews 07/21/2009
“Herb Allison, the Treasury’s new assistant secretary for financial stability and former CEO of Fannie Mae, told lawmakers at a Senate Banking Committee hearing last week that the administration is considering another housing proposal that would require lenders to allow previous homeowners to stay in their foreclosed homes as renters.
Officials say that besides providing a residence option for former homeowners, the plan would also address the glut of vacant properties plaguing neighborhoods across the country and pulling down home values.
Sen. Charles Schumer (D-New York), said, “This could make sense as a last resort for troubled homeowners who would otherwise lose their homes and find themselves with nowhere to live.”
William Apgar, HUD’s senior mortgage finance adviser, also testified that the administration is exploring foreclosure rentals as another mortgage relief option. However, he noted that in many instances, borrowers who have gone through the distress of the foreclosure process do not want to stay on as renters in the same property.
The idea is similar to a program launched by Freddie Mac in March, which gives homeowners the choice to rent their homes after foreclosure. Brad German, a spokesperson for the GSE, told the Washington Post, though, that the company’s rental program has not attracted many participants because most former owners instead choose to accept money to voluntarily vacate under its cash-for-keys program.
The administration is also considering an initiative that would provide mortgage assistance to the growing population of unemployed homeowners.
Apgar told lawmakers at the hearing, “The current very high level of unemployment is making the already difficult task of helping families struggling to meet their mortgage payments even harder.”
The Inner Game of Short Sales?
Posted by: | CommentsI have been thinking a lot about improving my game.
My inner game that is.
One doesn’t have to a financial genius today to know that things are bad and going to get worse before they get better, especially in real estate. Read about it enough and it’s enough to get you down.
But please don’t allow it to.
It may seem overwhelming, and it may also deeply affect you personally, as well as financially.
But the key is to focus on what you CAN do.
I think these are times that test a person’s mettle. Their ability to decide, commit, and to preservere until the goal, whatever it may be, is finally reached.
There’s a lot of fear out there right now. Things that can keep you from focusing on things you CAN do.
Don’t let it.
When I was suffering cashflow problem and foreclosure was starring me in the face, you bet I was scared.
My mettle has been tested on many an occasion in my life. To ultimately succeed, what I tend to do is focus on my previous successes where I did take action, where I DID succeed, despite the challenges and despite the odds.
In short sales, you can also be challenged. In fact it’s quite easy to be. (Ask me how I know?)
But I have to say that the resources and opportunities you have today dwarf what I had even 3 years ago. But the people focusing on short sales today and know what they are doing, are reaping the rewards of their efforts.
They focused on their training, they focused on their success-oriented mindset, they focused on the opportunity, and then let nature and God take care of everything else.
To the point: No matter how much money you have or may not have, you do not have to let this economy or situation get to you.
I hate to sound like a motivational speaker, but success (and wealth, for that matter) really is a mindset, not just an outcome you want.
- Jeff Kaller
Short Sales Students doing well and making a difference. I’m happy!
Posted by: | CommentsPeople deserve to succeed in short sales. Many struggle and with 31% of existing home sales being short sales, the industry is having a tough time transitioning to this phenomenal influx of properties.
Enter Hunter Paschall. He’s is one of my students. And he’s gone on to do great things for his clients as well as himself.
Hunter’s out there making a difference.
Go here and watch the video:
http://karcg.wordpress.com/2009/08/26/stop-the-bank-from-taking-that-foreclosure/
Now, you may say the video is rather promotional. So what??? Who cares???
Let’s think about this for a second. Someone real and genuine was willing to get up on video and to the world tell people that Hunter knows his stuff. That he helped them tremendously with a short sale.
That’s impressive to me.
That may not be impressive to you, but my hat’s off to Hunter.
- Jeff Kaller
Our Good Fortune… gets even better…
Posted by: | CommentsOur Good Fortune… gets even better…
On the Crusade I’ll be joined another outstanding person, millionaire-maker Loral Langemeier.
Loral can teach ANYONE how to make more money right now. No matter who they are or what their job or skill is.
That’s her gift. And her passion.
She’s one of today’s most dynamic and pioneering financial strategists. As a New York Times best-selling author and a leading motivational speaker, Loral has spurred thousands across the country from apathy and fear of finance to millionaire status by giving them the simple tools to launch innovative businesses that generate cash and build wealth.
What I appreciate about Loral is she believes that EVERYONE, from homemakers and single moms to white-collar desk jockeys, time-clock punchers, and retirees…has the ability to make more money in a very short time. And even better, she can show them exactly how it’s done.
Her simple recipe involves capitalizing on the skills and passions you ALREADY POSSESS to build a business from the ground up that will become a “Cash Machine®” that forever changes your life and fortune.
Any “spare-time” skill… quilter, scrapbooker, handyman, gardener…can be parlayed into more cash and become the foundation for a bigger, better life.
With her straightforward message on the Crusade to Save America Tour, she’ll show how to attain financial freedom.
Be there, starting in Atlanta on July 31st!
