Another Real Estate Blog

What is the role of commercial property mortgage bankers, and do they get paid by salary or commission?

admin — Mon, 26 Oct 2009 17:21:59 +0000

What exactly do commercial property mortgage bankers do? Do they need a license? Do they get paid by commission or salary? Average pay for someone starting in the biz? Pros and cons and your overall impressions of the industry?

Also do you know of any good California Commercial Lenders?

On the website www.findacareerhere.com there is a salary calculator that tells you salary and also gives you a job description. Hope this helps.

Technorati Tags: california commercial lenders

Luxury Home Short Sales Real Estate Foreclosures Investing

admin — Wed, 07 Oct 2009 02:12:59 +0000

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– This is a video of how one of my students closed a luxury home short sale deal on his very first deal with no previous experience, only $914.00 invested in the deal, and no use of his own credit. He made $169,742.00 WOW

Duration : 0:7:35

Technorati Tags: bank, estate, foreclosure, foreclosures, homes, hud, is, listings, loss, mitigation, properties, real, reo, sale, sales, short, what

How would you refi the following commercial mortgage?

admin — Tue, 06 Oct 2009 20:39:21 +0000

I’ve got a commercial mortgage of about 480 k on a prop valued at 600. It’s fixed for the first 3 years at 8% (one of which has passed), then it switches to an ARM. It’s also got a baloon like most com. mortg. of 420 at the end. Anyone whose knowledgable have any suggestions for getting some better terms on a refi? I plan on keeping it very long term.

I am a mortgage broker. Please email me if you would like to discuss this further.

Why Real Estate Sales People Are Doing It All Wrong

admin — Tue, 06 Oct 2009 20:38:24 +0000

From http://www.hardtofindseminars.com Benjamin is a former real estate agent. He had already been considering creating some form of information product when he came across my web site and he saw the Audio Marketing Secrets product. After reading about the course, he purchased it and was extremely pleased with the content. He took me up on a free consultation that you’re gonna hear in the following audio. Ben had also decided that he wanted to create an information product containing audio interviews with top realtors or real estate marketers and needed some advice about where to find experts on how to negotiate deals. The real gold in this consultation is when I tell Benjamin about a new, inexpensive software package that I discovered that allows you to search the entire www.ClickBank.com database for top selling products on any subject.

Duration : 0:9:52

Technorati Tags: affiliate, audio, careers, development, estate, free, hardtofindseminars, marketing, michael, mp3, product, profits, real, sales, secrets, selling, senoff, solutions, strategies

Real Estate Training for Increased Productivity, Sales & Income!

admin — Tue, 06 Oct 2009 20:38:22 +0000

http://www.leadersedgetraining.com Real Estate Sales Objection Handling Skills for Real Estate Agents and Offices looking to boost productivity and earn the income of their dreams through Real Estate!

Duration : 0:5:38

Technorati Tags: Leader's Edge Training, Leadership Training, Mortgage Training, Professional Speaker, Real Estate, Real Estate Training, Realtor Training, Sales Training

What may be a reasonable interest in a 30 year commercial mortgage ? ?

admin — Tue, 06 Oct 2009 19:28:59 +0000

What may be a reasonable interest in a 30 year California commercial mortgage ? I”ve been offered an initial 3 year fix interest of 7.5 with a 20 % down , Does it sound right?.Can somebody explain how it works please?
You are getting yourself an ARM. This is what has gotten this world in a mess of foreclosures. Although you have fixed for 3 years, it will readjust. Good luck losing everything. Demand a fixed (fully fixed) loan. They are playing word games with you, do not accept this from them. They are treating you like you are uneducated. /