Latest Publications

Nickthrolson’s Motive Interactive contest!

It’s like that song “It’s Raining Men” except you can scratch out the Men part and replace it with MONEY.

Nick is running another promotion through Motive and giving away some pretty sweet prizes.

You should check it out at : http://nickthrolson.com/motive-interactive-gives-back-contest/

I’m really starting to like Motive’s layout for affiliate marketing, I am only into affiliate marketing a few days now ,and already having some success. (Maybe around $35 on my first day?)

Take a look at their company if you have a website, you could be making some serious cash too!

How To Make Money Online with NO investment (Other Than Your Time!)

This section will cover all our reviewed sources of producing income on the internet.

The purpose of this page like the other pages ,will be to run a NEAR Full disclosure income campaign that produces REAL results with an actual $0 investment into the project.

I am working on 1 campaign with Pay Per Post that I believe will produce a good overall result.

Be sure to subscribe to the website to find out what ever happens with this project!

Tyler Cruz Affiliate Marketing Challenge 6

I wanted to post a little blurb up about this guy and the contest he is offering at : http://www.tylercruz.com/affiliate-marketing-challenge-6/

This guy is pretty darn cool and is doing something along the lines of what I will be doing with my pet project here atthe website.

He’s got some really good ideas and thoughts on making cash online, many of which I’ve been expirancing over the past 2 weeks since the expansion into our current website.

OCWEN Gets closer to Blast-Only BPOs

Recently, many agents have been speculating that OCWEN Asset management will be going over to a blast-only type of service.

With a blast-only service , vendor companies will release large groups of order to their website, where agent are logged on to grab orders as they appear.

While not fully developed yet, OCWEN seems to be testing this method out in a few key states.

Pros of A Blast System

Potentially Quicker acceptance and turnaround

More competetion

Cons of a Blast System

Higher chance of inexpiranced agents getting orders

More competetion (Lower fees for agents, more profit for banks/AMs)

My personal thought is that Blasting orders will promote new agents getting orders, and help those that have time to be on the website or hire assistants to grab the orders. Unfortunately this is a double edged sword, because not every agent can sit on the website and grab orders all day (I know I can’t).

Interesting survey from Zillow – 49% believe value has increased.

I was made aware of this entry by a zillow worker concerning a recent survey of homeowners in the US.

Of this survey, an amazing 49% believed that their home value has either not decreased, or even increased (The actual number of Americans that have experienced a value decrease is 74%).

It’s quite interesting to see what areas of the US have homeowner who believe that their value has either increased or not increased compared to the others.

As many homeowners try to sell in this market, it’s not surprising that still so many homes will not sell due to the asking price being too high. Everyone should take this into consideration when selling their home in the next 6 months.

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Is this a sign of the times? – Melee at New Orleans Sec8

This video was brought to my attention today, I found it to be disturbing and interesting at the same time.

It’s a Mini-Riot over the removal of Section 8 Housing in New Orleans, due to the Katrina hurricane, and damages associated with it.

Never the less , it worries me that this video was recorded around this time LAST YEAR. I can’t help but wonder if this continues to happen currently.

Is Craigslist really going to introduce fines?

As of recent days, there has been a rumor circulating the real estate community that Craigslist will be introducing fines to curb abuse by real estate agents and other entities.

The list includes :

A. If craigslist establishes limits on the frequency with which you may
access the Service, or terminates your access to or use of the Service, you
agree to pay craigslist one hundred dollars ($100) for each message posted
in excess of such limits or for each day on which you access craigslist in
excess of such limits, whichever is higher.

B. If you send unsolicited email advertisements to craigslist email
addresses or through craigslist computer systems, you agree to pay
craigslist twenty five dollars ($25) for each such email.

C. If you post Content in violation of the TOU, other than as described
above, you agree to pay craigslist one hundred dollars ($100) for each
Item of Content posted. In its sole discretion, craigslist may elect
to issue a warning before assessing damages.

D. If you are a Posting Agent that uses the Service in violation of the
TOU, in addition to any liquidated damages under clause (d), you agree to
pay craigslist one hundred dollars ($100) for each and every Item you post
in violation of the TOU. A Posting Agent will also be deemed an agent of
the party engaging the Posting Agent to access the Service (the
“Principal”), and the Principal (by engaging the Posting Agent in
violation of the TOU) agrees to pay craigslist an additional one hundred
dollars ($100) for each Item posted by the Posting Agent on behalf of
the Principal in violation of the TOU.

E. If you aggregate, display, copy, duplicate, reproduce, or otherwise
exploit for any purpose any Content (except for your own Content) in
violation of these Terms without craigslist’s express written permission,
you agree to pay craigslist three thousand dollars ($3,000) for each day
on which you engage in such conduct.

While it’s admirable that CL wants to introduce fines (I am not against fines for abusive activity at all). I truely believe it would be hard to incorporate fines for such a large base of users.

OCWEN Decides to auction off REO Inventory

OCWEN Asset management has recently informed many agents that in December they will be auctioning many properties in selected areas.

As you may remember , PAS/Wells Fargo recently held a auction of many of their properties with Williams & Williams auctions.

In the past ,when I have visited auctions for REO properties, many have sold above market value, and many have sold well below market value (Some at half market value). I’ve been told by various asset managers that the average market value return of a auction is 80%.

Be sure to watch Ocwen’s website (http://www.ocwen.com/) for more information

REOPrep.com – Another website making money from Real Estate Agents

I happened to run into a NEW website soliciting to real estate agents , and try to separate them from their money.

REOPrep.com is trying to copy, or produce their own similar version to what REOtrans.com has been offering for over a year. They are charging agents $2.40 per MONTH in an attempt to solicit bank
listings.



It’s amazing to me to see companies try to take advantage of economically weak agents, as many newer agents are the ones going to these services. Unfortunately, I have not seen ANY properties that have been assigned from this service to agents. With REOtrans.com you  can tell the aproximate level of REO properties in a given area, to judge whether or not the service works (I like the service and do subscribe).

Interestingly enough, I performed a whois search on this website, and they have only been around since APRIL of this year, even though the website has copyright dates from 2001…..Quite interesting.

Direct Loss Mitigation Numbers for EMC Mortgage & OCWEN Federal


I want to save time like EVERYONE else and have spent at least 3 hours trying to locate EMC’s Actual Loss mitigation number and OCWEN’s as well.

These are current as of November 2008.

EMC Loss Mitigation/Recovery Department -
866-325-4314
214-626-4702(Fax)

OCWEN Loss Mitigation Department
1-877-596-8580 begin_of_the_skype_highlighting              1-877-596-8580 
407-737-8580(Fax)

I hope these numbers help you out, as I would of paid good money to save myself the headache of calling EMC mortgage well over a dozen times over the course of a few days.

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