Category: real estate values

NHORA presents HAFA education event

Posted on 04/08/10 by Jim Herrera

In 2009, the Treasury Department introduced the HAFA program to provide a viable option for homeowners who are unable to keep their homes through the existing Home Affordable Modification Program (HAMP). The HAFA program took effect on April 5, 2010—although some servicers may implement it sooner, if they meet certain requirement–and sunsets on December 31, [...]

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Where’s the note?

Posted on 08/18/09 by Jim Herrera

The following is a re-publication of an blog post that may be of use to real estate agents and homeowners trying to fend off foreclosure. It was originally written by Rick D. Misitano, Senior Paralegal, Law Offices of James M. Bosco & Associates, Methuen, Massachusetts. I have not spoken to Rick or to a real [...]

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What’s A Good "Buyer’s Agent"?

Posted on 05/15/09 by Jim Herrera

As an MLS professional, I have the privilege of working with many brokers and agents in the Silicon Valley. The real estate professional’s ideal situation is one in which they have a listing (that is, they represent the seller) and they can also represent a buyer who wants that same house. This “double-ending” practice can [...]

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Raising the Bar

Posted on 03/11/09 by Jim Herrera

I have the great fortune to be able to work with many real estate professionals. My job is to reach out and support them from an MLS perspective. In the past, that meant explaining how to use our particular flavor of a search engine software. However, my passion is to provide them with the tools, [...]

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The Old Rules Don’t Apply

Posted on 12/03/08 by Jim Herrera

A look back… September 29, 2007. The following is a segment on the Today Show. Jim Cramer and the President-Elect of NAR Charles McMillan “spar” on whether to buy a house. Mr. McMillan was KO-d. The “new conventional wisdom” was that, as Matt Lauer says at the beginning of this clip: “Whatever happened to that [...]

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