Per Fannie Mae’s rules, when a borrower did a short sale, the individual can’t buy a new home with a Fannie Mae loan for 24 months (unless the individual did not default on the short sale loan). If the person defaulted (falling into the 24 month rule) can they purchase a new home with the VA Loan program. Who is the investor in a VA Loan?
Thank yous
FHA allows it before 3 years. Not sure about VA.
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I would like to work as a New Home Sales Consultant in Houston. A real estate license is not needed in Texas to work for a home builder, however I have two out of the five required real estate courses completed. I’m wondering whether or not it would be easier for me to work as a Real Estate Agent (maybe part-time?) first to get experience than to try to get a job with a builder, given the current state of the market. How often do these builders hire people without experience?
I need answers from individuals in the business please. Thanks!
Many builders prefer that you do not work as an independent realty agent before selling new homes. The builders have a very closely, detailed approach that they want you to follow. Agents who have worked on their own are often resistant to that regimented approach ( altho it does work pretty well for the builders). So go and apply at the builders. Since few are hiring, offer to sub in for anyone who calls in sick or goes on vacation. Once they see you work, they will hire you full-time.
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Brand New Condition 2 storey house for sale. Price for Sale: 3,990,000,00 Thai Baht.
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For more information about successful living, please contact Thailand Home Guide! http://www.thailandhomeguide.com
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i have an opportunity to work as a new home sales rep? I’ve been out of the loop for a while, does anyone have any insight to the market? Any suggestions for someone that is getting into this business?
This is nowadays with the real estate market in the state that it is makes it really tough. If i remember correctly New home agents work off of commission similar to regular real estate agents. I would recommend learning the ins and outs of any loan programs you offer or are affiliated with so you can best assist your potential buyer. Along with any and all Home Warranty programs you offer. Remember though you don’t just sell houses you sell homes.
Let the potential buyers know that you understand their fears in today’s market and that you will do your best to help them achieve their goal in becoming home owners for the first time or yet again.
Hi, Looking to buy a home from possibly several builders of most interest are k hovnanian. Curious to know what their compensation structure is for their salespeople to know how to properly negotiate. For example if they are compensated based on margin then they are not incented to give you any discounts vs. if they are given a fixed comission based on each home sold.
any insights? if not k hovnanian, please feel free to comment about other builders.
Thanks in advance for taking the time to respond.
you could google the builder and see what pops up..offer what you think the house is worth and if they say "no", walk away. The compensation is of little matter, that’s the builders’ worry, not yours. You could try zillow.com (it’s free) to see what they appraise the property at. Keep in mind, with the RE market struggling, you as a buyer are more in control than normal. Good luck.
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Home for sale in San Kamphaeng, Chiang Mai – Thailand. ID: CNX-2033
Stunning 2 storey house for sale. Price for Sale: 3,650,000.00 Thai Baht.
If you love beauty and comfort, then this is a place for you!
This majestic home has a usable area of 212 Square Meters, 3 bedrooms and 3 baths, parking area for 2 cars, and a garden.
This home is built in a project with private security. The project clubhouse with swimmingpool will be ready for use in May 2008.
You will enjoy the short distance to golf, swimming, fitness, hot springs, and shopping areas.
Escape Today! More indformation at: http://www.thailandhomeguide.com
Thailand Home Guide consultants believe that finding your dream home is an important responsibility. Our advisors also believe that good information is necessary and should be offered in an objective, professional manner, uninfluenced by any personal motivation or potential advantage of gain.
Thailand Home Guide offers quality homes for affordable prices. We can assist you with all the issues concerned with home buying; finding the right property and land, signing contracts, obtaining legal advice, property management services, interior decoration, finding a school and any necessary information to making your life easier and comfortable.
The information about land ownership restrictions for foreigners in Thailand can be confusing and can make home buying look complicated. The truth actually is, that there are several well tested ways for a foreigner to secure the investment. With our knowledge of the local area and Thai laws, we can provide you with information and advice to making a wise investment.
For more information about successful living, please contact Thailand Home Guide! http://www.thailandhomeguide.com
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Hi, Looking to buy a home from the k hovnanian. Curious to know what their compensation structure is for their salespeople to know how to properly negotiate. For example if they are compensated based on margin then they are not incented to give you any discounts vs. if they are given a fixed comission based on each home sold.
any insights? if not k hovnanian, please feel free to comment about other builders.
Thanks in advance for taking the time to respond.
The highest pay is 1.5% commission on the base price of the house. Not too many builders are paying top dollar today, but the good times might come back.
The lowest is apx $40,000 per year fixed salary with 2 days off per week.
The absolute lowest pay if for "hostesses" who don’t have a realty license but who just keep the doors open. That is minimum wage and frustrating because buyers want information and a hostess is not allowed to answer real estate questions.
The sales consultants are given their marching orders every Monday morning about what discounts they can offer that week. If you want discounts above what everyone else is getting; ask for the Sales Manager’s phone number. You have to offer something in return…. maybe non-refundable earnest money or a quick closing.
I want to work for a developer or in property management. I have 4 years of experience selling and taking care of single family home buyers. What’s a good way to get my foot in the door, but still make enough to support the fam?
First of all, brush up on your tax analysis skills. Commericial lending requires that you analyze business plans and financials and be able to make recommendation for credit based on a company’s strengths.
Then apply with a bank. They often offer a salary in addition to commission and will train the right individual.
You may also be able to work for a bank in your residential lending capacity while training for a commercial position.
Best of luck to you!