Real Estate

Produced, Filmed, & Edited by Modulation Studios.

Christian Tapia of Exit Shore Realty is almost $500k in debt because of investing in an upscale-home right as the real estate market went south. Will he be able to sell the house in today’s market?

Real World Real Estate is a reality/documentary show about how a young real estate agency is dealing with the current market. This is NOT a show featuring the rich looking for 5 million dollar homes, it is real stories from those who are going through foreclosure, bankruptcy, first time home buying, event planning, etc.

Features The Exit Shore Realty/The Roop Group of Salisbury, Maryland. Filmed in Somerset, Wicomico, & Worcester County.

Produced by Adam Durham Productions & Modulation Studios: modulationstudios@gmail.com

Special Thanks in this episode to the realtors who attended the open house.

NOTE: This episode was filmed on private property and all those interviewed on camera verbally consented to appear.

Exit Shore Realty The Roop Group Adam Roop Real Estate Marketing Business Salisbury Crisfield Ocean City Bankrupt Foreclosure Short Sale Money Investments Gone Wrong Delmarva Salisbury Real Estate Driving Reality Show Documentary Docudrama Open House Market No-Spin Season Bridal Show Houses Management Property Management Mansion Downtown Mainstreet Event Fair Entrepreneur Community Conference Conventions

©2009, Modulation Studios

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http://www.repinteractive.com ;
REP Interactive ;

New Media Commercials in Real Estate. Start marketing your home, commercial building, restaurant, hotel or resort online using cutting edge video solutions. With REP Interactive you can captivate and motivate your viewers and your potential customers. The quality of the content you place online is a direct representation of yourself and your business. Do you want to look like a professional? If so, then call REP Interactive today or visit our web site.

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Inman TV looks at the elements that make a blog successful.

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Amidst the Real Estate & Mortgage Meltdown; Foreclosure Fraud & Scams; Real Estates Future is Great. First Time Home Buyers, FHA Loans & Seller Paid Closing Costs. Go To http://RealEstateMarketingThisWeek.com

Part 1 (Excerpt)

Forget the doom and gloom, First Time Home Buyers can buy with FHA

Thanks to my very great friend Brett Fallon for taking the time to be here in studio today. Brett is one of America’s finest financial advisors. And of course the infamous Dan Havey. Now we all love Dan Havey because he was instrumental in getting me into the mortgage industry about 14 years ago. Most importantly, Dan was instrumental in helping us put together the loan modification hotline and he is the author of Real Estates Future.

So today we have a few things we want discussed in regard to the economy, what’s happened, were wrapping up the year. You may have heard about this in the media, of course the media’s job is to scare you. Well our job is to tell you the truth. So Brett you have some data and some information that you wanted to share

Some of the things you hear in the media, you cant escape, its pretty much doom and gloom, sky is falling, this is the next Great Depression. It’s over for all of us and we should all just pack up and go. That kind of stuff is pervasive out there and creates fear and a lot of anxiety amongst people who are either investors, people who are looking to buy a house, looking to refinance a mortgage.

People dont realize there are certain tools that exist that we will talk about during the course of the show today. They should understand that some of the things that we discussed prior to today’s broadcasts were interest rates. Interest rates are at historic lows. Money is cheaper right now than it has ever been. We know the Fed recently reduced the Fed Funds Rate and that is the rate that banks are lending money to one another at.

Right now that rate is zero. Historically, that’s never happened in the United States before. The Fed’s idea is to help to unfreeze this credit market and we keep hearing all this talk about how credit markets are still frozen, that the global recession is deepening, there is evidence to the contrary of that. Some of the moves that the FED is making are working. We’re starting to see, and you and I were talking recently about some clients that were helping in terms of refinancing existing mortgages. Well, if the credit markets are frozen how come we got those loans complete?

Well, that’s a good point, and you got a call I think it was last Monday or maybe the Monday before, someone called you and asked if there was any money to refinance. What can I do? Well the reality of it is there is plenty of money out there for refinances, in some cases there’s issues with property values. That’s why there are different options for those types of people

Well from a buyer’s perspective, todays property valuation is a good thing, if I’m a buyer. Thats a good point too. People are interested in buying and the huge opportunity today. This is an unprecedented opportunity in my opinion, both in terms of the dollar and the real estate market. And for those who understand those dynamics and are willing to entertain the deal, they will be handsomely rewarded. There is no doubt about it.

And as we spoke on the last show, home prices in November for Maricopa County show that the median home price is down as low as $160,000 already. And it reminds me a lot about when I got into the industry, way back in 1989 and the type of financing we had then was FHA and Fannie Mae. And were back to that again now. We’ve got sanity back into the market and home prices have come down. But right now, it’s a perfect time, especially for first-time homebuyers or a move up buyer who can buy under the Fannie Mae limit of $417,000. If you can get into that range, and as we spoke before that 78% of the homes in Maricopa County that sold last month sold for under $250,000. I think that right now is the time just to get out there and find a house to move your family and children into with an FHA loan.

Michael, you don’t have to have exactly perfect credit do you? You can have a couple of dings if need be, right? You’re exactly right, each case has its own merits, every FHA loan is underwritten individually. There are many cases where collections are okay, there needs to be a explanation. You dont have to have the 720 plus credit scores like you do for Fannie Mae and Freddie Mac to get the best rates…

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Realtor Alexis Palkowski (propertiesByAlexis.tel) explains the benefits of the new .tel (dot tel) names for Realtors and business. www.telForRealtors.com. Give clients all your contact information using a single, easy to remember name. Make it easy for people reach to you, remember you and refer you.

Duration : 0:1:55

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http://www.stevesystem.com

“How To Contact Expired Real Estate Listings”

Prospecting expired listings as a real estate agent can be the core of any agents business in the real estate field. You CAN create a system that will give you repeatable results for your effort. I do not personally follow this model, but I think this was an important question to address.

Work both today’s expired listings and the past ones daily. Effectively follow up with your best leads each day.

Remember consistency, attitude and persistence are 3 critical ingredients to success with prospecting expired listings.

You can learn more about how to contact real estate expired listings at

http://www.stevesystem.com/

Duration : 0:2:49

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Barbara Corcoran gave FloorPlanOnline a plug on the Today Show. She made an error and said FloorPlans.com…but she meant to say FloorPlanOnline.com. Close enough!

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