Walt Turner's (chemistu) Blog

From a recent article in the "Times", Fannie Mae is considering letting you rent the property back after foreclosure. I can honestly say that I would not rent any of the REO properties that I have seen recently. So, here is the original owner renting their own home and will not be qualified for a...

As we all know, selling a foreclosure may be a great thing for your buyer but what about your commission?  In a recent closing, the asset companies changed on the day that I submitted my offer and not knowing, so did the commission.  FINE...this is what was best for my client.  But, I think it is...

I just started today placing my properties on Craig's List.  At first, I was not interested in learning how to post on another real estate outlet but, this is so easy.  But, the big question is "Is it working for you" and "What type of properties bring the most leads"? Does it work for you becaus...

As we all know, every area of the country is different and has been effected in some way with the mortgage fall out but, will a new president make a difference in our livelihood.  I am not so sure that I have heard anyone say they were going to fix the oil prices which are nickel and diming  us t...

I hope no one has had this happen...I had a client that wanted to sell her property as she was not comfortable with her neighbors and thought they were out to get her. Well, knowing the area and the natives, I knew this could not be true but I decided to market her home and find another place for...

We have decided to educate the community in "Going Green" and network at the same time.  We have obtained corporate sponsors and have ordered 10,000 recycled grocery bags to hand out at the local super markets as a means to reduce the number of plastic bags that end in landfills or our lake. We f...

With over 500 miles of shoreline and beautibul mountain views, why would you not want to live or vacation on one of the best lakes in the country? With an incredible variety of housing from condos to multi million dollar mansions, Smith Mountain Lake has the right property waiting for every taste...

If you are like many of us, someone calls, gives you an email address and a phone number and then you wonder "Where did I put that persons information", you must check out alamode.com for your website.  This is also available for  lenders as well. Here is how it works:  once you have that informa...

In a recent meeting I learned a very fascination fact about flippers.  For instance, a person buys a foreclosed property, renovates the property and puts  it back on the market.  OK so far...? Did you know that once the property is listed, there is a 90 day wait period before a FHA or government ...

If you were ever thinking of buying a vacation home and want to build equity in your portfolio, you have to visit Smith Mountain Lake, Virginia.  With over 500 miles of pristine shoreline, fisherman's paradise, water sports, golf courses and so much more to do, this should be your next vacation d...