Aaron Majors. Principal Broker

At some point in time things are going to get better. The sun will rise and set. The "wagon wheel" will turn.

I'm sick of hearing all this negative stuff.. War, recession, housing crisis... The fact of the matter is that at some point Realtors have to "adapt, improvise, and overcome". We should look for the positives. Yes we do have to work harder, net work more, be creative... But there are still deals being done in every city in the nation. It's like Garron says: "there's a whole river of commissions flowing by every month." All I'm saying is that if your fishing pole is broke then go get a net...

We get payed very well for what we do. We got spoiled. That's it. Now do the numbers... Go meet people, get emails.. Call your SOI, Team up. Do REOs, get a night job... time to "man up"... If real estate is your passion like it is for me then you will do whatever it takes...

Be honest...

Are you holding opens every weekend?

Are you joining groups? (investment groups are great)

Going to the office everyday? (even when you don't think there's anything to do)

Handing out 3 to 5 cards a day?

This is when it counts... This is the time when agents are gonna be "seasoned". These are tough times and I have respect for all the Realtors that are sticking out this tough market...

Learn, Lead, and Succeed,

Aaron Majors

#1 MORTGAGE FORECLOSURES

When you get a loan for a home. In essence you are getting a contract with terms and conditions and collateral (usually the home). This establishes "security" for the lender. When a home owner doesn't make payments, then the home goes in the foreclosure process (a judicial process for the lender to get the home back).

#2 STRICT FORECLOSURE

I have no experience with a strict foreclosure, but I think I have the "jist" of it... This is when a bank takes the home back very quickly. Right after the "right of redemption" process. This is something that is allowed in some states. This is simply based on a "legal view" that the lender is the rightful owner of the property and not the borrower.

#3 TRUST DEED FORECLOSURES

The bast way to explain this is: It's a type of mortgage contract that will actually "pre-authorize" the lender to take the home back if the borrower defaults. About half the nation uses this system including Oregon.

Once again friends... Thanks for reading my blog. I just wanted to share my views, opinions, and knowledge. There's much more in these process' and I could have taken pages and pages to write it all but I wanted to keep it simple so we can have simple answer that are ready to spit out to our clients when they ask. Info deemed (by me) reliable but not guaranteed.

Aaron Majors

Principle Broker

MREALTY

WWW.MNMHOMETEAM.COM

I just thought I would blog a little about the benefits of buying a foreclosure...

Reason #1:

Bargin buys... This is obvious.. Everyone knows you can get a home way under market value. From my expierence when buying foreclosures in Portland, the buyer usually attains the property for 20%-30%under value. Even so it's possible to find one at about %50 under value, it's much harder to find. %10-20% under value is still worth buying and much easier to find (in my opinion).

Reason #2:

A home upgrade... Whether your renting or owning your home. Chances are you can find a forclosure that will be an improvement to where you live now. I had a client sell thier home 20k under value and they were a little sad until they found a foreclosure in Portland for almost 40k under value... It's like they came out 20k ahead (even with the loss on the home the sold). It's like my Mama said.. "if it doesn't come out in the wash... then it comes out in the rinse."

Reason #3:

Equity... Foreclosures usually are the best Real Estate investments... Instant equity is very common... Forget sweat equity... Think smarter not harder. Not saying there is anything wrong w/ sweat equity... but... how many people have you seen have the "intention" of doing something and never followed through and the project never got finished for weeks, months, or years?

So let's re-cap:

Benifits for buying a foreclosure

1. Buy a house for way cheaper.
2. Lower sales price = lower down payment.
3. Seller's are more motivated than normal.
4. Everyone wins... You get a deal.. The seller prevents a foreclosure.

As always I wish all the very best. Thanks for taking the time to read my blog. Feel free to email and comment.

Aaron Majors

Principle Broker

MREALTY

WWW.MNMHOMETEAM.COM

"

I would like to say that I love my new office. I love the people there. They all are kind and hard working people. No drama, no games.

After a recent experience, this article was brought to my attention. I thought it was really good, and I wanted to share this w/ my friends on activerain.

If you ever had to work with or for someone w/ a toxic personality... you'll totally understand this article.

I just wish I would have got this article 2 months ago. LOL. Enjoy friends.

Learn, lead, and succeed. Semper Fi.

Aaron Majors

http://career-advice.monster.com/office-politics/Handle-a-Sabotaging-Coworker/home.aspx?WT.mc_n=CRMUS000096