New mortgage modification rules

The rules for mortgage modification have been eased according to FHFA. They would lower the interest rate to 1/2 % below going interest rates. (big deal) but would not include cn. Worse yet, missed payments would be added to the back end of the loan. Sounds like...

Do you know about abatement?

I just did a great interview with John Fluker. John is a retired code enforcement official from the city of LA and Compton. He bailed me out of trouble several times. Dealing with code is like a good old boys party that you are not invited to. It was so frustrating....

Time Mastery

Time is the one thing that you can’t get back and is severely limited. Real estate is a business that takes time, like any business, and you have to treat it like such if you want to succeed. Follow up is sooooo important. You need to keep track of every lead; where...

GET RICH SLOWLY

 I have been in the real estate business since 1986 and would like to share some perspective with people who are new to the industry. The real estate business is just like any new business. First you have to gain knowledge, set up a plan and then take action. This is...