7D Theory

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“There’s no spinning this, other than the Fed has to get more aggressive near term and crush demand. that cements a recession now, ” said Liz Ann Sonders of Charles Schwab. “I think a recession is an inevitability.” WELCOME TO MY WORLD!!!!

Inventory is coming????

The content you are trying to access has expired from our website Links to /media/70 Commercial Properties and the Americans with Disabilities Act A look at how commercial agents can help property owners create an implementation plan to ensure accessibility. Watch video ►

7DTheory Law #7 - Additional loan modification options don’t solve the mortgage delinquency problem. If the CFPB isn’t giving out jobs, you are just putting a band-aid on a bullet wound!!!!!

Protections for Borrowers Affected by the COVID-19 Emergency Under the Real Estate Settlement Procedures Act (RESPA), Regulation X | Consumer Financial Protection Bureau The Bureau of Consumer Financial Protection (Bureau) is proposing amending Regulation X to assist borrowers affected by the COVID-19 emergency. The proposed amendments would generally prohibit servicers from making the first notice or filing required for foreclosure until after December 31, 2021, am...

Aggressive short sale negotiators who understand leverage can produce better buyer pricing. The advantage to the agent is the opportunity to double end and create higher commissions. Wells Fargo wanted $680K for this home. We negotiated it down to $250K below market value.

Per Black Knight, these are the 10 Markets with the largest mortgage delinquency rates. Its not a coincidence that we have been generating leads in 80% of the cities on this list!!

1.Las Vegas, NV, 2. Miami, FL, 3. Orlando, FL, 4. New Orleans, LA 5. New York, NY, 6. Houston, TX, 7. Atlanta, GA, 8. San Antonio, TX, 9. Tampa, FL, 10. Jacksonville, FL

These (5) Five Professions have the highest % divorce rates. It's like, basically everybody that works in Las Vegas. A judge can motivate a couple by ordering a "partition action" and force home owners to sell. -

Casino Gaming Managers - 52.9%
Bartenders – 52.7%
Flight Attendants – 50.5%
Massage Therapists – 47.8%
Casino Gaming Cage Workers – 47.3%
Dancers & Choreographers - 43.0%

- In , the provided this referral to a agent. The owner was moving to Atlanta and had his home listed with Berkshire in Covington, LA. The category forces a move, usually due to quality of life or employment change. It is by far the largest opportunity category of all the 7D Categories. Yeah, I talked the owner into allowing one of my agents to get the listing!!!

- In , the predicted this owner would have the intent to sell his home. We contacted decision maker and he has agreed to list at the end of December. I couldn't find an EXP agent in Miami so I will probably end up listing it myself.

- In , this lead was referred to an EXP agent who has a successful track record working with distress properties. Our call center contacted the owner and secured this short sale listing. Our evaluations team completed the appraisal to submit to the bank and forwarded all short sale paperwork to our negotiators. Our Florida based law firm will handle the settlement talks with the bank. The agent only needs to market the property and send in the contract.

Getting tested for the novel CoronaVirus is now free, but being treated for the respiratory illness could cost up to $20,000, a recent analysis by Peterson-Kaiser Family Foundation Health System Tracker found. Debt -