Real Estate

Maharashtra Chamber of Housing Industry is a founder member of CREDAI and one of the premier housing and developers associations in India, Established in 1982 at Mumbai, MCHI has membership of apx. 400 leading developers who account for 90% of the housing supply in Mumbai and its vicinity.

MCHI has to its credit of intiating and successfully running Property Series (Property 2000 – 2008) across India and the world. With a keen insight into consumer buying pattern, MCHI knows what it takes to turn an exhibition into a SUCCESS !

Participants:
Akruti City Ltd., H D I L, Kalpataru Ltd., Kohinoor Planet Constructions Pvt. Ltd., Rustomjee, Lodha Group, Nirmal Lifestyle, Hiranandani Group, Ahuja Constructions, Ajmera Realty & Infra India Ltd. Akshar Group, Arihant Superstructures Ltd., Ashiana Housing Ltd., D. S. Kulkarni Developers Ltd.-Pune, Dosti Group, Disha Direct, Ekta Supreme Group, Everest Developers, FG Glass Industries Pvt Ltd, Godrej Properties Ltd., Goel Ganga Group, Gonglome Techno Constructions Pvt. Ltd., Gundecha, Kumar Properties, Kanakia Construction Pvt. Ltd., Kotak Mahindra Bank, Development Credit Bank Ltd., Dewan Housing Finance Corporation Ltd., Aditya Bldrs., DK Group, Amanora, Our Town, Ankit, Red Bricks, Deeraj, Reliance, State Bank of India, ICICI Home Finance Co. Ltd., Lodha Group, MAN Infraprojects Pvt Ltd, Marathon Realty Pvt. Ltd., Mayfair Housing, Nahar Group, Neelkanth Mansions & Infrastructure Ltd., Neputne Group, Pharande Promoters & Bldrs., Puranik Builders Pvt Ltd., Ramnath Developers Pvt. Ltd., Raunak Group, RNA Corp, Royal Palms (India) Pvt. Ltd., Runwal Group, Sanghvi Group of Companies, Siroyafam Constructions Pvt. Ltd., Sthaavar Infradev Pvt Ltd., Sunil Mantri Realty Limited., Citibank, HDFC

Duration : 0:2:15

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Home Loan Modifications Negotiated by Licensed Attorneys. Real Estate & Mortgage Laws and Guidelines are Complex. Beware of the Banks Loss Mitigation Department. Go To http://RealEstateMarketingThisWeek.com

Part 1 (Excerpt)

Why you should use a licensed attorney to negotiate your loan modification

Dan Havey thanks for taking the time to be with us tonight. Thank you Michael for having me and you are absolutely right 2008 for many people was a very tough year. Tough year for pretty much everybody that I know, how many banks have we lost in 2008? Hopefully the bleeding is gone; hopefully there arent too many more banks to fail. Quite a few banks have picked up some of the slack, but the reality of it is so many people have been faced with such hardships, we have solutions that we are maybe going to talk about today that they can look forward to, to make 2009 a great year.

Definitely that is what we are doing here with your organization at Velocity Financial and with the Modification Hotline and with many of the other things I am working on right now to help people out. When I first got into this business it was back in the late 80s, I moved here from Wisconsin after getting a degree in finance and I started selling repos for Fannie Mae, Countrywide, and the RTC. The Resolution Trust Corporation was responsible for getting rid of all the real estate owned by the over 1,800 S&Ls that failed. So I cut my teeth selling those reposed properties and got to know a lot about the laws and worked with a lot of attorneys and then in the mid 90s I moved into the mortgage business, and I immediately started there working with bankruptcy attorneys for the most part.

I was helping people get out of their bankruptcies, chapter 13 bankruptcies, to avoid bankruptcies, to stop foreclosures and I did that up until the fall of 2007 and at that point the market really changed for me as we know most of the subprime financing went away. Some people might look at me and say, my god you gave people subprime loans, well if you are in a chapter 13 bankruptcy and your payment to the trustee is $1,500 a month and I can get you out of bankruptcy and reduce your total monthly outlay by $1,200, your mortgage payment would go up a little bit, I think this is a really good use of a subprime loan. And I certainly never had any complaints from anyone when I got them out of bankruptcy or I stopped their foreclosure and saved their home.

So late last year I moved out of the mortgage business for a while but I never really left it because it is pretty much what I have done my entire adult life. Over 20-25 years I have been involved with real estate, mortgages and finance and I worked for a while for about 6 months last year on a model for an idea that we came up with of being able to accurately predict the top and bottom of all real estate markets and we perfected it for Arizona and most of California. It worked really well to the point that we could actually predict the bottom of the market 6 months in advance and then after the bottoms hit all across the country we kind of stopped working on it.

It is one of the things I am going to start working on again over the next few months. The title of the book is Real Estates Future and you can go to my website at http://realestatesfuture.com and get a copy of that if you want to, it is not available yet but just put in your information and I am going to give away a whole bunch of free copies of it.

The reason why I went through this entire story is because a few months ago Michael and Velocity Financial came to me and said he was going to do loan modifications and I had been approached by other people and I had seen a bunch of garbage on the internet and the thing that he said to me that sold me was, You know Dan, you have to understand, were using attorneys to negotiate these loan modifications.

And that is, I didnt mean to interrupt but that is the key; that is one of the reasons it took us so long to get in. Even though Velocity Financial was at the very beginning of this mad craze, heck you cant drive down the street without seeing a sign that says loan mod, kind of like back in 2006 in the heyday of the mortgage business where you couldnt drive down the street and see a sign that said, if your mortgage payment is more than 1% you are paying too much. Well now everybody is jumping into the loan modification game and it is dangerous.

And that is exactly it, it is every unemployed loan officer has gotten into the loan modification game and I guess I am guilty of the exact same thing. It is just after having 20 years experience of working with attorneys, I know what they are capable of doing, I know how they can go in and negotiate and the biggest thing is they are there to protect the home owner, to protect the consumer, to protect their client because they have a fiduciary responsibility to that client…

Duration : 0:6:29

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Maharashtra Chamber of Housing Industry is a founder member of CREDAI and one of the premier housing and developers associations in India, Established in 1982 at Mumbai, MCHI has membership of apx. 400 leading developers who account for 90% of the housing supply in Mumbai and its vicinity.

MCHI has to its credit of intiating and successfully running Property Series (Property 2000 – 2008) across India and the world. With a keen insight into consumer buying pattern, MCHI knows what it takes to turn an exhibition into a SUCCESS !

Participants:
Akruti City Ltd., H D I L, Kalpataru Ltd., Kohinoor Planet Constructions Pvt. Ltd., Rustomjee, Lodha Group, Nirmal Lifestyle, Hiranandani Group, Ahuja Constructions, Ajmera Realty & Infra India Ltd. Akshar Group, Arihant Superstructures Ltd., Ashiana Housing Ltd., D. S. Kulkarni Developers Ltd.-Pune, Dosti Group, Disha Direct, Ekta Supreme Group, Everest Developers, FG Glass Industries Pvt Ltd, Godrej Properties Ltd., Goel Ganga Group, Gonglome Techno Constructions Pvt. Ltd., Gundecha, Kumar Properties, Kanakia Construction Pvt. Ltd., Kotak Mahindra Bank, Development Credit Bank Ltd., Dewan Housing Finance Corporation Ltd., Aditya Bldrs., DK Group, Amanora, Our Town, Ankit, Red Bricks, Deeraj, Reliance, State Bank of India, ICICI Home Finance Co. Ltd., Lodha Group, MAN Infraprojects Pvt Ltd, Marathon Realty Pvt. Ltd., Mayfair Housing, Nahar Group, Neelkanth Mansions & Infrastructure Ltd., Neputne Group, Pharande Promoters & Bldrs., Puranik Builders Pvt Ltd., Ramnath Developers Pvt. Ltd., Raunak Group, RNA Corp, Royal Palms (India) Pvt. Ltd., Runwal Group, Sanghvi Group of Companies, Siroyafam Constructions Pvt. Ltd., Sthaavar Infradev Pvt Ltd., Sunil Mantri Realty Limited., Citibank, HDFC

Duration : 0:2:59

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Visit http://www.PhilDeCarolis.com for more information regarding Peter Schiff, Ron Paul, the U.S. Economy and its effect on Real Estate. If you are interested in purchasing southern california bank owned properties at wholesale prices that are 30-50% below market please contact me via e-mail at Info@PhilDeCarolis.com, by telephone at (909) 910-9618 or sign up for my weekly newsletter that will frequently include great discount priced opportunities.

Duration : 0:7:20

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An economics presentation at Humboldt State University. Special guest lecturer Dr. Christopher Thornberg of Beacon Economics discusses the current housing bubble and its effects on California.

Duration : 0:9:38

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This video is from the show Open House on CNN. Homeowners in trouble facing short sale or foreclosure should be careful when answering to unsolicited mail, phone calls or emails. A HUD representative and a legal services representatives explain what homeowners should watch out for and what to do.

More info at:

sccrealestateuncensored.com/2007/foreclosure-scam/

micasamidinero.com/2007/foreclosure-fraude/

Duration : 0:4:51

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