2013 proved to be a year of “adaptation” and “advancement” for the note business. The note industry continued to recover and build as note brokers, investors, and professionals tweaked their marketing tactics and campaigns to adjust to the new real estate market and technology savvy sellers. As 2013 comes to an end, we wish you a Happy New Year and suggest you take a … [Read more...] about Top 7 Note Investor Articles of 2013
Archives for December 2013
It’s no secret the economy and housing crash resulted in record numbers of missed mortgage payments generating investor interest in delinquent, defaulted, and non-performing notes. In November, the MBA (Mortgage Banker’s Association) reported 9.75% of combined loans at least one payment past due or in foreclosure on residential 1-4 property, the lowest in five … [Read more...] about What About Brokering Non-Performing or Defaulted Notes?
Actually, it was the topic of a speech that I gave years ago, but as I revisit it in my mind, it seems that nothing has changed much. The premise is simple. When creating and executing a marketing campaign, you have three choices. Speed – How fast you want to get to market (or react to current topical trends). Cost – How much (in dollars) the marketing will cost you … [Read more...] about Note Marketing: Two Out of Three Isn’t Bad
I wonder how successful a Daytona 500 driver would be if they just quit the last forty-one miles? I mean, go full-out, committed the first 459 miles, and then stayed in the pits while the people on the track completed the last forty-one miles. It is kind of the way I look at the month of December for the Note Business. It is so easy for me to get distracted between … [Read more...] about Are You Quitting The Last 41 Miles Of Your Note Business?