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Greetings!
Thank you for taking the time to read our monthly
newsletter. This month our articles are full of
helpful tips on coping in the current economy.
Our first tip, bring your closing to Louisiana Title!
We are here for our clients, to help ease the stress
and complete deals in a timely manner. Our experience
allows us to handle even the most problematic or
troublesome closings. Our goal is to help our clients
close their deals as quickly and efficiently as
possible with affordable rates. So call or email us
today so we can get to work! Keep reading for our
special discount!
Enjoy!
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How the
Stimulus Can Help Your Business
Time will tell if the newly passed economic stimulus
package and the components related to the real estate
industry will have a positive impact on the housing
market in the country, says Wendy Forsythe, vice
president of broker services at the Better Homes and
Gardens Real Estate franchise network.
She believes that real estate professionals across the
U.S. can affect the ultimate outcome of this
government initiative. Forsythe offers three ways that
real estate salespeople can take advantage of the
housing stimulus plan.
1. Become an expert on every element of the plan as it
relates to the housing market in general and my market
specifically. Have information on your Web site. Blog
about it. Become the go to person for the local media.
Read more...
Source:
www.realtor.org |
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There may not be a pot of gold at the end of this
rainbow but how about $100 OFF your next closing?
$100 OFF
your next Purchase or Refinance closing with Louisiana
Title Services!!
Write LUCKY DAY on your next title order to
receive a $100 discount on your next closing with
Louisiana Title Services. |
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Words of Wisdom: Getting Through
Tough Times
REALTORŪ Emeritus Geary Jones understands what it's
like to work in challenging markets. Learn from his
tips on finding new business and staying upbeat.
By Wendy Cole | February 2009
With 50 years of experience in the real estate
industry, REALTORŪ Emeritus Geary Jones, 81, has
plenty of knowledge to share on coping with market
downturns. Though he sold his Santa Cruz, Calif.,
brokerage, Coast Counties Realty, 10 years ago, he
still works occasionally as a real estate consultant
to buyers and sellers. Here, he recalls some of the
rough patches he survived during his long career and
offers advice on how to excel when the market doesn't
want to cooperate.
What was your most difficult period in the real estate
business?
I remember 1966 as the worst year. Interest rates
jumped from 4.75 percent to 7.5 percent within months.
I made $3,000 for the whole year (equal to about
$20,000 in 2008, according to MeasuringWorth.com). My
wife was ill and not able to work and we were raising
three sons. It wasn't easy. People had just stopped
buying. I don't know if that downturn was as severe as
things are today, but it was hard for families.
Read more...
Source:
www.realtor.org |
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Brian Andrews: Communication critical in bad times
One of the major themes I brought back from the recent
mortgage bankers conference in San Diego is
maintaining communications between borrowers and
lenders, particularly when a problem is perceived or a
maturity is upcoming. Most of the lenders and
servicers speaking at the conference said they
expected negative issues to come up, but that their
options for working with customers were limited if the
customers would not communicate with the lenders or
provide updated information.
This lack of communication is not a new issue. On the
residential side of things I hear that more than
one-third of homes going into foreclosure do so
without a single conversation between lender and
borrower. So it is only natural that we would see
something similar on the commercial side.
Read more...
Source:
www.businessreport.com |
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The
Local Corner:
Positive Happenings In Louisiana
Keep an eye out next month for our Annual Crawfish
Boil invitations!!!
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