Realty Thoughts » Trends http://www.realtythoughts.com The world of real estate and technology online Fri, 16 Jan 2009 20:11:17 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Bank of America to Modify $100 Billion in loans in 2009 http://www.realtythoughts.com/2009/01/bank-of-america-to-modify-100-billion-in-loans-in-2009/ http://www.realtythoughts.com/2009/01/bank-of-america-to-modify-100-billion-in-loans-in-2009/#comments Fri, 16 Jan 2009 20:11:17 +0000 Michael Anderson http://www.realtythoughts.com/?p=468 With the increasing downward spiral of the economy and resulting record unemployment rate, many homeowners face foreclosure in their near future. In the past, most banks wouldn’t lift a finger to help troubled homeowners, and if they did, it typically wasn’t until they were already behind on their mortgage. With the high cost banks must shell out due to foreclosure they are now changing their tune. According to The Real Estate Bloggers Bank of America plans to proactively modify 630,000 loans totaling $100 billion. Now homeowners who are seriously delinquent “AND” those likely to become seriously delinquent will have the opportunity to receive this new streamlined loan modification.

The question to ask is why did it take a financial crisis for banks to proactively help homeowners stay in their homes when signs of trouble were in the forecast? There are many stories out there of homeowners reaching out to lenders to get help when they saw trouble coming, to no avail. “If your not late, we can’t help you” was the previous mantra. I wonder if these new types of policies will continue once the financial crisis subsides. I guess we can wait and see…

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Have you been wondering how you can leverage your following on social networks to help promote your business & services? iList is the latest online tool for managing your online marketing campaigns to social networks and the web in general. Real Estate professionals and online marketers are strongly focusing their advertising efforts towards social networks. iList integrates with popular web services like Facebook, MySpace, Twitter, FriendFeed, and even Craigslist

Now you can create an online ad similar to Craigslist and distribute it through most of your social networks for all your contacts to see. iList also has a built in sharing feature which allows your social network contacts to share your listing with all their contacts, creating some what of a viral effect. This is just another great way to integrate yourself with the web by allowing the people in your circle to help you promote your business.

]]> http://www.realtythoughts.com/2008/11/listings-and-social-networks-with-ilist/feed/ 1 The Tortoise and the Hare http://www.realtythoughts.com/2007/08/the-tortoise-and-the-hare/ http://www.realtythoughts.com/2007/08/the-tortoise-and-the-hare/#comments Wed, 08 Aug 2007 14:11:13 +0000 Erik Hersman http://www.realtythoughts.com/?p=326 [Preface: All the normal disclaimers about using sites like compete.com, Alexa or Quantcast to get trending data…]

Regardless, it’s still enjoyable to watch the trending continue upwards for eppraisal.com. We’ve had a lot more room to grow than the others, true, but we’re starting to catch up. The great part is that our burn rate is much lower than everyone else. In fact, our company is entirely profitable on it’s own, thereby allowing us to continue to grow eppraisal.com at a slower pace knowing that we’ll be here for the long haul.


eppraisal trending data

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