Real Estate News 72, Brokers, Trulia and Zillow Mortgages?

www.ReNewsYouCanUse.com Online Brokers cut a deal, Trulia goes video and Zillow thows another idea up against the wall. We hope this idea does not stick!

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Brian Su and EB-5 Brokers Discuss Capital Raising in China and Korea

Washington, DC (PRWEB) October 03, 2012

Artisan Business Group Inc., is hosting an EB-5 finance workshop for EB-5 regional centers, commercial real estate developers and capital-seeking businesses in Washington, DC, October 15, 2012. The EB-5 workshop at Courtyard Arlington Crystal City Hotel/Reagan National Airport will exclusively focus on EB-5 regional center activities, project marketing and investor procurement in China and Korea.

The one day event will feature an honorary guest and speaker Mr. Charles Wang, Co-founder and CEO of GreenTech Automotive. The GTA has recently opened its manufacturing facility in Mississippi. GTA successfully raised EB-5 funding in China and other foreign countries. The GTA project is one of the very few manufacturing-related EB-5 programs that has successfully utilized EB-5 finance and created hundreds of American jobs in the U.S. Mr. Wang will share his personal story and insights of raising EB-5 capital for an All-American manufacturing plant in the state of Mississippi. Angelique Brunner, President of EB-5 Capital, will also be speaking at the event. Ms. Brunner is responsible for sourcing and structuring all projects for EB-5 Capital, including the Marriott Convention Center hotels and City Market at O Street Market in Washington, D.C, as well as the Sugarbush Ski Resort in Vermont.

Other VIP speakers include Brian Su, Artisan Business Group, Inc.; Jeff Carr, Economic & Policy Resources, Inc.; Kate Kalmykov & Steve Anpoell, Greenberg Traurig; Victor Shum, JMBM; Hong Yu, Wailian Overseas Group; Michael Gibson, USAdvisors.org; John Jiang, Micon International, John Li, EB5Supermarket, and David Hirson, Fragomen.

The re-authorization of three years extension of the EB-5 regional center program has just been signed by President Obama. For more information and registration regarding the DC EB-5 seminar, please visit: http://www.EB5NewsBlog.org

Press Contact:

Mr. Tyler McKay

(217) 899-6661

Artisan Business Group, Inc.

http://www.EB5NewsBlog.org







Foreclosure Mediation Seminar Trains Washington State Real Estate Brokers in FFA Regulations

Bellevue, WA (PRWEB) July 27, 2012

Seattle Short Sales (S3), a law firm that specializes in negotiating short sales, invites Washington real estate brokers to participate in a revolutionary seminar that helps homeowners take full advantage of the Washington State Foreclosure Fairness Act (FFA).

How to Use the WA State Foreclosure Fairness Act to Get an Unfair Advantage Over the Banks is part of S3s Advanced Short Sale Training series. The seminar is scheduled for August 23, 2012, from 11:30 a.m. to 1:00 p.m., at the Bellefield Office Park Conference Center in Bellevue, WA. Participants will learn how to employ specific FFA techniques that generate quick and astounding results when homeowners are facing short sale deficiencies.

Weve closed 80 short sales in the past 90 days. This proven technique, which gets instant attention from the lender, is enabling Pacific Northwest families to make a fresh start in life, says Ross Kilburn, general manager for S3. Last month, we helped a Sammamish couple, who had lost their jobs and accrued significant medical expenses, cut a deal with MetLife that fully forgave the $ 168,657 deficiency between the balanced owed and the purchase price of the short sale.

During the two-hour seminar, Michele McNeill, a Washington Super Lawyers Rising Star with Skyline Law Group in Bellevue, will teach participants exactly how the remarkable process works. Using real-life examples, McNeil will discuss how real estate brokers can help their clients maximize the time advantage when replying to foreclosure letters. The training will also cover mediation filing requirements, the secret way to access mediation services for free and how to get a short sale unstuck.

S3 has strong, trustworthy partnerships with Washingtons top mortgage institutions, including Bank of America, Wells Fargo, Chase Bank, Boeing Employees Credit Union, GMAC and Home Street Bank. Homeowners and brokers receive unlimited, complimentary access to knowledgeable real estate attorneys and CPA consultants who specialize in mortgage debt forgiveness. The organizations negotiation services team are persistent and successful advocates who have generated more than 500 short sale approvals for clients during the past two years.

S3 was superb in their efforts to get our short sale through all the hoops our lender required, praises Sammamish real estate brokers Michael and Nicole Pender. They were diligent and persistent in their efforts to present our case, and they went above the call of duty by turning what was initially a negative response from the lender into an approved sale.

Advance registration is required to attend the How to Use the WA State Foreclosure Fairness Act to Get an Unfair Advantage Over the Banks seminar. The $ 20 fee is paid at the door, and a box lunch is provided. The event is limited to 30 participants.

Date: August 23, 2012

Time: 11:30 a.m. to 1:00 p.m.

Location: Bellefield Office Park Conference Center, 1150 114th Ave. SE, Bellevue, WA 98004

For more information or to register for the Advanced Short Sale Training, log on to Seattle Short Sales or call (800) 603-3525.

About Seattle Short Sales, Inc.

An accredited member of the Better Business Bureau, S3 has saved more than 500 distressed Puget Sound homeowners in excess of $ 65 million in mortgage debt. In addition to negotiating debt settlements with mortgage lenders to prevent foreclosures, the organization works with various types of lien holders, including the IRS and HOA as well as utility and credit card companies, to preserve clients credit. As part of its Advanced Short Sales Training series, S3 has hosted several sold-out seminars on such topics as short sale deficiencies, debt forgiveness and bankruptcy. S3 provides an assortment of short sale resources on its website for homeowners and real estate brokers.







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Construction Hard Money Funding for Brokers

Article by Phillip Maden

Construction Hard Money Funding for Brokers – Finance

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Using http://www.hardmoney-net to find a construction hard money loans to get the money you want for a project is an often overlooked alternative. Many possible developers give up when they are turned down by traditional lending sources. While traditional loans are good to have, sometimes you’ve got to get by without them for a time period. Employing a hard money loan could be a viable alternative option to the traditional commercial lending industry. Here are a couple of things to consider about hard cash loans. What Are Hard cash Loans? many of us do not understand what hard money loans are and therefore don’t look at them as a viable alternative. Hard money loans are manufactured by non-public lenders. These hard cash banks are typically individuals that are in the business of making loans with their money. They have some extra money to invest and they might like a higher-than-normal rate of return on their investment. They make a habit of making loans that are non-traditional in nature. They are going to lend to those with less-than-perfect credit as well as those in troubled scenarios. If you are not accepted by a regular lender, there is a possibility that you can get the money you want from a hard money lender. With hard money loans, you should expect to pay more than you normally would for a loan. In some cases, the amount that you will pay will be substantially higher than a conventional loan. Even though it is higher than you would like to pay, it’s still better than not getting a loan in any way. This still enables you to do what you want to do. The application process for a tough cash loan is usually much simpler than what you are used to. The bank will look more at the value of the potential property than at your personal info. Genral Loan Terms The conditions of the loan will typically be a balloon loan for commercial applications. This implies that you will receive a certain amount of money and then start making interest-only payments on the money. The loan will generally be set up for about two to three years. It is considered a short-term loan and is not built to be permanent. Often you have to develop some variety of prosperous company history if you’ve not done so before. A tough cash loan will enable you to do that for a few years before you are required to refinance into a more standard loan arrangement.Check out http://www.hardmoney-net if you have any questions

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Chris Yates of CM Yates Capital (cmyatescapital.com) explains a new “hybrid” source of private money for your real estate transactions. This new concept has been around for less than 2 months, and it is already gaining ground quickly in the alternative funding realm of real estate investing. The company, PMB International, has located a bunch of private lenders who want to fund real estate deals, and is pairing them with borrowers who need funding. In short, you send them the details of your deal online, and they send it off to a bunch of private lenders that are looking to fund it. They take the best fit, and fund your deal. Here are a few points that make them unique from most other lenders out there • 100% funding success rate for deals that meet their criteria • Can fund both large and small loans amounts (meaning that they WILL consider your smaller K-K deals, etc.) • Longer term loans are available for rehab and cash flow deals • No upfront cost to submit a deal • No credit requirement (they will fund your deal even if you have foreclosures or BK, etc.) • For higher LTV deals, they will allow cross-collateral or partners in lieu of cash down payments • Will allow seller-carry hybrid deals up to 110% CLTV (the seller will carry a 2nd if provide cash of a 1st loan) • Will pay you an ongoing referral fee for sending them borrowers or lenders (in some states) • Will pay you for referring them other people who refer borrowers or lenders (in some states) PMB Funding
Video Rating: 5 / 5

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