Andy's Blog

By
Real Estate Agent - Century 21 Prevete Real Estate
The Answer To All Of Your Real Estate Questions!

ARCHIVED BLOG POSTS

2010 

Succeeding In Real Estate And Your Dreaded Daily Triple "P"  Your Dreaded Daily Triple "P"s of Real Estate are: Prospect, Practice & Preview. They are, however, the 3 most important things that you need to (Absolutely Must) do every single day. Most agents, however, do not want to do these 3 simp...
06/28/2010
FANNIE MAE CRACKING DOWN ON STRATEGIC DEFAULTERS Inman News reported that "Fannie Mae says it will get tough on borrowers who engage in "strategic defaults," or walk away from a home that's worth less than what's owed on the mortgage even if they can afford to keep making their payments." "Fannie...
06/25/2010
Mortgage Applications Down 38 Percent The Mortgage Bankers Association reported that "Mortgage applications declined 1.2 percent last week compared to the previous week on an adjusted basis." "On an unadjusted basis ... they were 36.8 percent lower than they were the same week a year ago." "Most ...
06/24/2010
House Extends National Flood Insurance Program NAR reports "A bill to extend the authority for the National Flood Insurance Program was passed by the House today. The bill would extend the program to September 30, 2010." "The passage of H.R. 5569 is a first step toward helping home buyers to the ...
06/24/2010
Federal Reserve Pledge To Record Low Rates Alan Zibel from The Associated Press reports that "In the wake of a slowing real estate market, the Federal Reserve said Wednesday that the economy is "proceeding" and pledged to hold interest rates at record low, near zero rates." That is great news - t...
06/24/2010
Succeeding In Real Estate And 6 Questions You Need To Ask Yourself Every Week At the end of each and every week you need to ask yourself these six very important questions. They will keep you on track to reach the goals you have set for yourself. You did set your goals - right? You do know what y...
06/21/2010
Economy Moving Ahead Slowly - Very Slowly Reuters News reported that "the American Bankers Association's economic advisory committee concluded Wednesday that a double-dip recession is very unlikely." Don't get too happy because: Stuart Hoffman, chief economist with PNC Financial Services Group st...
06/18/2010
Fannie and Freddie Stock Delisted from NYSE The Wall Street Journal (Nick Timiraos) reports that "Quasi-governmental mortgage finance giants Fannie Mae and Freddie Mac have voluntarily delisted their stock from the New York Stock Exchange after their values fell to less than $1." And the scary pa...
06/17/2010
Loan Modifications Likely to Default Within A Year The Wall Street Journal (James R. Hagerty) reports that Fitch Ratings predicts that "most borrowers whose loans are modified under federal programs will likely default within a year." The Fitch predictions are based "on the performance of loans m...
06/17/2010
State Farm Bails Out Of The National Flood Insurance Program Jay MacDonald from Bankrate.com reports that Sate Farm "is opting out of the National Flood Insurance program." So how does a buyer close on a house with no flood insurance? If State Farm is out who is writing policies? And who will bai...
06/17/2010
Rainer
186,375

Andy Yakubovsky

Ask me a question
*
*
*
Spam prevention

Additional Information