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Richard Goates ECO Broker Redding Ca Real Estate

Majority of states not spending the Government's Weatherization money!

In what may be called a dance many state are not spending the Government Money allocated to them to be used for weatherization.This money part of the bail out fund is supposed to be used to help people upgrade their homes and add insulation and energy saving features etc.

There appears to be confusion on how to pay the workers that are doing the work and a fear that the Government might not send anymore money so states are just waiting!

State officials blame Federal officials for mixed signals on how exactly to implement the program!

Does this sound familiar to anyone?? A finger pointing extravaganza!

Let hope they figure this out soon so many people can cut those high winter bills down and improve their quality of life!

Regards

Richard Goates

How NOT to do business...a lesson from a lead generation company....

The email started with do I want to sell more real estate? Good Question....I think that is a pretty loaded question and one that will always deserve a large YES...It went on to say that they would send 60 leads...not just any leads great leads....below is the the email sent....

Hi;

I represent a company that provides leads of Buyers and Sellers to Realtors. We provide you with 60 leads (20 per month) so you have time to work them. If you don’t make even one sale from our leads we will refund your purchase price in full. YOU have NOTHING to loose!

Dave

Nothing to lose??? mmm what about that $450.00 that might never come back???

I asked this guy some questions and he answered some of them...then I did a quick little research on the net to find they have had some complaints...

I did what any good salesperson would do....suggested that if their leads were that good,great,wonderful etc then send me some and when they closed I would pay for them....seemed pretty simple to me...

His response? Go buy a car that way. Don’t waist your time sending email complaining that you can’t sell homes.

Here is a link for your review is you should decide that you might want to try them out....myself...with the attitude above...I will PASS!

Regards

Richard

How about a $100 Million bonus?? Wow- do you own Citibank stock?

Citibank...yes the one that recently got What $45 Billion from us...well uncle Sam...so us....is considering paying one of their top performers an paltry $100 Mill bonus...not too shabby if you can get I say....It will be very interesting to see what the Government says about this one...Not that they are part owners of this fine establishment (they are now).... FYI this is the Same Citi bank that has the note on a clients property and took a year to start the foreclosure process!! They had the opportunity to take the home back a YEAR ago and sell it....they declined...now they stand to lose an additional $50-$80k because it is over a year and a half later when they get the home back.... Any stockholders listening?? That's one home....imagine for a minute how many they are taking back... Do a little math here Einstein and will see some pretty large numbers.... Heck it might even trump this sweet little bonus they might be giving out!! Hey Citibank....I am available to help you dispose of the rest of the thousands of homes that you will be taking back....and I work CHEAP compared to $100 Mill.....real cheap.... Regards, Richard

Tired of slow internet? Check out this free test to see just how fast your connection is!

We have all had a day here or there where we swear there must be "something" going on with our internet connection! In real estate anymore EVERY thing revolves around the internet...The MLS is web based...our clients use the interent...at least the majority...we use the internet all the time...So when things slow down check this site out!

http://speakeasy.net/speedtest/

To fast internet!!

Take care!

Regards

Rick

The Train Wreck is on the horizon as Commercial the next shoe to "Drop'.

With the collapse and slow but steady recovery of the US Housing market one wonders what is next? The answer...Commercial is the next Blood Bath....There is an estimated $400 BILLION in Commercial loans due this year and an estimated $1.8 TRILLION coming due in 2012!

Commercial has been hit as hard or in some areas harder than residential with vacancies going up and more and more lease rates going DOWN....

The severity of this current situation may even eclipse the early 1990's says Richard Parkus of Deutsche Bank!

With that said if you own any Commercial Real Estate....hang on....It's going to be a WILD Ride....and if you have leases coming up and they want a lower rate and you can make it work....TAKE IT!!! The consequences may not be to promising if you don't....

I think we will see many more bank owned Commercial properties in the next couple of years....

First REO's on the homes....now REO's of Commercial Buildings....problem is....who is going to step in and purchase vacant commercial buildings with NO income??

In the residential market you can at least find a renter for a reduced rent...people have to live somewhere...not so with Commercial.....

To the recovery....sooner than later!!

Regards

Richard