Inman PM: Old dogs and new tricks

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ADVERTISEMENT ATTENTION BROKERS: CUT COSTS when you stop wasting money on ads that don't work. 87% of buyers look for homes online, so lock them up as active prospects for your agents. SEE HOW WITH REALTYGENERATOR TODAY'S TOP STORIES = Premium Member News - Join Now » Wednesday, March 03, 2010 Old dogs and new tricks By KRIS BERG I have created a monster. My monster is a 95-pound, perennial molting machine. In scientific circles, he is considered a "retriever," but years of inbreeding have rendered that moniker a joke. Retrieval requires movement, and the only action we see coming from Simon's corner these days involves the doorbell signifying incoming pizza. My dog is an instinctive, single-purpose being. More » 90% of agents down on HAMP Survey: Foreclosures drive real estate market in some states Demand rises for purchase loans, refis 30-year fixed back under 5% Share your 2020 vision for real estate Take a 5-minute survey for a chance to win $200 On the international front From The Real Deal Who's at fault in rockfall death? Law of the Land OTHER TOP STORIES Part 1: Real estate's down-and-outers A home for the ages Honesty, integrity and dual agency Estately expands in Mid-Atlantic region Latest News » NOTABLE QUOTE "Most states allow lenders to go after their borrowers for (a) deficiency, which is the difference between what the lender received at the foreclosure sale and the current outstanding mortgage balance. If state law permits, the lender could sue your son, get a deficiency judgment, and then go to the state where he now lives and try to collect on that judgment." --Benny Kass	ADVERTISEMENT Instructional webinar teaches how to grow a profitable business targeting distress sale sellers (REOs, Short Sales etc.) Topics include how to become the banks' preferred choice to list and sell distress sale properties, crafting BPOs, getting paid on every Short Sale … Join Webinar TOMORROW: For Inman News Premium Members Only Part 2: 'Rebuilding Homeownership' On Thursday, watch for the second segment in an exclusive Inman News three-part series that details the impact of foreclosures, bankruptcies and unemployment on consumers' ability to enter and re-enter the housing market. The series sheds light on what real estate agents, real estate industry groups and consumer groups are doing to address the problem. Read Part 1 »
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