Buyer and Seller Moods in 2020 with Jim Brown #701

Bruce Norris is joined this week by Jim Brown.  Jim is the owner of Keller Williams Corona and has been involved in real estate for over 30 years.  He got his start in 1983 when he began working with land development. Since then he has worked with listing homes in the Corona area as well as continuing his work in land development with large lots subdivided for new tracts.  In addition to land development and residential resales, Jim also specializes in short sales and bank-owned properties. See full video and resources

Bruce and Jim will discuss how he has been a successful player in the space for many years in a dominant franchise, how well his business performed this year compared to last year, the mood of both the buyers and sellers, how people feel about foreclosures, Riverside sellers and whether they are staying or leaving, and much more on the real estate radio show.   

The Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.


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Cary Pearce of Provident Bank Mortgage Joins Bruce Norris on the Real Estate Radio Show #367

Bruce Norris is joined again this week by Cary Pearce. Cary is the production manager for Provident Bank Mortgage. They do about $20 million in volume a month. He has been with them for four and a half years and has been in the industry for 28 years. Bruce and Cary discuss FHA loan limits, FHA loans at the end of 2013, mortgage-backed securities, the hole in the marketplace right now for new construction,  price gains, conventional loans, and much more on this week's real estate radio show and podcast.

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Sean O'Toole Joins Bruce Norris on the Real Estate Radio Show #346

Bruce Norris is joined this week by Sean O’Toole. Sean is the founder and CEO of Property Radar, and he was the founder of Foreclosure Radar. Their website literally changed the foreclosure industry and made it much easier for people to compete against very large companies. He started buying and selling his own properties, dealing with 150 residential commercial foreclosures, and he used 15 years of software industry experience to make the job a lot easier. Bruce and Sean discuss how he got started in the foreclosure business, his new website in depth, short sales, the number of homeowners still underwater and emerging out from it, inventory levels, the predominance of refis in the lender business, the current CAP rate, the upcoming event I Survived Real Estate 2013, and much more on this weeks real estate radio show and podcast.

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Sean O'Toole Joins Bruce Norris on the Real Estate Radio Show #345

Bruce Norris is joined this week by Sean O’Toole. Sean is the founder and CEO of PropertyRadar, and he was the founder of ForeclosureRadar. Their website literally changed the foreclosure industry and made it much easier for people to compete against very large companies. He started buying and selling his own properties, dealing with 150 residential commercial foreclosures, and he used 15 years of software industry experience to make the job a lot easier. Bruce and Sean discuss the new website for PropertyRadar, the trustee sale business and foreclosure market in the upcoming years, the tech market in 2005-2008, AVMs, the appraisal process, the market in Northern California, specifically San Francisco and San Jose, SB 391, shadow inventory, price increases over the years, median price and interest rates, the upcoming event I Survived Real Estate 2013, and much more on this weeks real estate radio show and podcast.

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Ward Hanigan, Founder of ForeclosureForum.com, Joins Bruce Norris on the Real Estate Radio Show #324

Bruce Norris is joined this week by Ward Hanigan.Ward is the founder of Foreclosure Forum.com, a website specifically for education of real estate investors, specifically trustee sale experts.Ward is the most recognized name in training other people to do trustee sales, and he is one of the most respected men in the industry. Bruce and Ward discuss his journey into the real estate world and how he ended up working there, his work with IBM, Country Wide, and Chula Vista Commercial Realty his work with foreclosures, his first time speaking in front of a large audience, and much, much more on this week's real estate radio show and podcast.

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Sean O'Toole Joins Bruce Norris on the Real Estate Radio Show #313

Bruce Norris is joined again this week by Sean O’Toole. Sean is the founder and president of ForeclosureRadar.com, one of the finest websites a real estate investor can get involved with on a regular basis.Sean has done an excellent job on the website and put his computer genius to work in the industry, saving a lot of people a lot of money. He has also created competition that did not exist prior to his website by making it easier for people to become very proficient. Bruce and Sean discuss his foreclosure website and how it has grown into a short sale referral network, California's budget problems and where we may actually see improvement, delayed household growth, hedge funds and their impact on rents, REITs, affordability being close to all-time highs, new policies in the future following price aggression, and more on this week's real estate radio show and podcast. 

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Sean O'Toole on the Norris Group Real Estate Radio Show #312

Bruce Norris is joined this week by Sean O’Toole. Sean is the founder and president of ForeclosureRadar.com, a website that has pretty much revolutionized the trustee sale-buying business. Bruce and Sean discuss surprising changes at the end of last year, the number of people in foreclosure or 90+ days late in California, prices in 2013, their trip to Washington D.C., inflation, the credit world, and more on this week's real estate radio show and podcast. 

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Sean O'Toole, President of ForeclosureRadar, Joins Bruce Norris on the Real Estate Radio Show #296

Bruce Norris is joined this week by Sean O'Toole. Sean is the founder and CEO of ForeclosureRadar.com, the only company that tracks every foreclosure in California with daily updates on all foreclosure auctions. Prior to ForeclosureRadar, Sean spent 15 years building and launching software companies before entering the foreclosure business in 2002. Here, he has successfully bought and sold more than 150 properties. Bruce and Sean discuss how Sean first became involved in the foreclosure business, the margin of spread in 2002 compared to today, the access to information compared to today, where the money in the marketplace is coming from, the status of yields in the market, REOs and shadow inventory, and much more on this week's real estate radio show and podcast.

In other news, the fifth annual I Survived Real Estate will be meeting on October 19 this year. The Norris Group would like to thank their gold and platinum sponsors for helping to make this event possible. Sean O'Toole will be joining the panel at I Survived Real Estate 2012.
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Rick Sharga, Vice President of Carrington Mortgage Holdings, Joins Bruce Norris on the Real Estate Radio Show #283

This week Bruce Norris is joined once again by Rick Sharga.  Rick is an executive vice-president at Carrington Mortgage Holdings, LLC.  Rick is one of the nation’s most frequently quoted sources on foreclosure, mortgage, and real estate trends.  He has appeared on NBC Nightly News, CNN, CBS, NBC, ABC, CNBC, Fox, and NPR.  Rick is a member of the Board of Directors of REOMAC and the president of the Technology Council of Southern California.  Bruce and Rick discuss how Rick handles trustee sales, the new challenges in the market, the shift from lender rights to people in foreclosure rights, the percentage of borrowers upside down, the change in the percentage of FHA loans to credit scores, the real estate market in the coming years, and much more on this week's real estate radio show and podcast.

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Rick Sharga, Vice President of Carrington Mortgage Holdings, Joins Bruce Norris on the Real Estate Radio Show #282

This week Bruce Norris is joined  by Rick Sharga.  Rick is the executive vice-president at Carrington Mortgage Holdings, LLC.  He is one of the nation’s most frequently quoted sources on foreclosure, mortgage, and real estate trends.  He has appeared on NBC Nightly News, CNN, CBS, NBC, and just about every possible outlook.  Rick is also a member of the board of directors of REO Max and president of the Technology Counsel of Southern California.  Bruce and Rick discuss what his job as the vice-president of Carrington entails, the company itself and how it was started, bulk purchases of loans as well as loan pools, the concentration in the location of loans, foreclosure laws, the increase in rental properties and rates, Rick's plans to create a REIT,  and much more on this week's real estate radio show and podcast.

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Credit expert Phil Tirone joins Bruce Norris on Real Estate Radio Show #277

This week Bruce Norris is joined once again by Philip Tirone. Philip has been an entrepreneur from the start, buying and selling gold and silver in elementary school.  He later established a car audio resale business in high school.  As a mortgage broker he created 720creditscore.com to help his clients increase their credit scores and improve their financial situation.  Originally a book and a workbook, the product expanded to become an infomercial, a teleseminar, and an online wealth enhancement course.
Bruce and Philip discuss in great length about how the logic does not make sense with credit scores now, high-priority and low-priority errors, the purpose of Philip's webinars and programs, the problem of overlays in the market today, decisions made when you are dealing with small credit unions and small regional banks, good changes lenders are now making, and much more on this week's real estate radio show and podcast.

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Sean O'Toole Joins Bruce Norris on the Real Estate radio show #273

This week Bruce Norris is joined once again by Sean O’Toole, founder and CEO of ForeclosureRadar.com.  Sean has been an experienced trustee sale investor, buying over 150 properties, both residential and commercial.  He also has a very intensive tech background that he has brought to ForeclosureRadar.com.  Bruce and Sean continue their discussion on shadow inventory, talk about pricing and the status of housing in the future, how foreclosures are affecting the banks, deed-in-lieu and the risks that come with it, principal reductions, loan mods, their trip to Washington D.C., the economic situation in Nevada compared to California, and much more on this week's real estate radio show and podcast.

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Sean O'Toole Joins Bruce Norris on the Real Estate radio show #272

This week Bruce Norris is joined by Sean O'Toole, founder and CEO of ForeclosureRadar.com.  Prior to launching ForeclosureRadar, Sean successfully purchased and flipped more than 150 residential and commercial foreclosures.  Bruce and Sean discuss Sean's website and how he has helped many through it, his goal when creating the site, the market today compared to earlier years, ForeclosureRadar's use in finding houses to repair, code enforcement, the increase in foreclosure sales and the dominant role they play today, the real estate debt at the peak of the market, the biggest mistakes Sean sees in trustee sales, the definition of drop bids, shadow inventory, and much more on this week's real estate radio show and podcast.

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Craig Hill with The Norris Group #259

This week Bruce is joined this week by Craig Hill. Craig has been with The Norris Group since its inception in 1995. He has helped The Norris Group invest in approximately $40 million worth of trust deeds.  Bruce and Craig discuss The Norris Group and its process for handling loans, the mood in the market regarding price shifts, their relationship with the borrowers, the idea of passive loans and investing, 9.9%, 12.5%, and 4% loans, high interest yield, and much more on this week's real estate radio show and podcast.
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I Survived Real Estate 2011 part 3 #250

This week, The Norris Group presents the audio portion from the event I Survived Real Estate 2011. This award-winning event has raised over $250,000 since its inception four years ago thanks to the support of all the sponsors and individuals donors that participate. This year, the event focused on current industry regulation, head-scratching legislation, and the opportunities emerging for savvy real estate professionals from an exciting lineup of experienced experts from multiple industries. The video is available on the website. This week's radio show features Bruce and panelists Doug Dunca, Eric Janszen, and Sean O'Toole, who discuss Eric Janszen's book The Post-Catastrophe Economy, the recent loan portfolio, the debate on the debt ceiling, output gaps, public/private partnerships to create an infrastructure and much more on this week's real estate radio show and podcast.

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Sean O'Toole with PropertyRadar #246

This week Bruce is joined by Sean O'Toole, President of ForeclosureRadar. Bruce and Sean discuss how he became involved in the business of buying at trustee sales, shadow inventory, how his website has changed the process for trustee sale purchases, the number of properties scheduled for sale in California currently, overencumbered properties and owners, and much more on this week's real estate radio show and podcast. On October 14th, the Norris Group returns with its award-winning event I Survived Real Estate 2011.

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Ivan Choi Joins Bruce Norris on the Real Estate Radio Show #229

This week Bruce is joined once again by by Ivan Choi, president of REOMAC. This week, Bruce and Ivan discuss servicers and issues some misunderstand, second liens holding up the process, how banks dicide between short sale and foreclosure, and what might help the current situation in real estate.

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This week Bruce is joined by Ivan Choi. Ivan is recognized as a mortgage default expert and industry speaker. He is the president of REOMAC; a national non-profit trade association of mortgage servicing executives, asset managers, foreclosure attorneys, real estate brokers and real estate closing service providers. He serves as the national default sales executive for New Vista Asset Management

Friday, April 29, 2011

Lance Martin Joins Bruce Norris on the Real Estate Radio Show #223

This week Bruce is joined again by Lance Martin. Lance has been in the real estate business for 24 years as broker/owner of Coldwell Banker Pioneer Real Estate which serves the Inland Empire. Lance is an expert in residential REO foreclosure sales.

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Richard Ryan of the FIB Joins Bruce Norris on the Real Estate Radio Show #221

This week Bruce is joined by Supervisory Special Agent Richard Ryan with the FBI. Ryan supervises a cadre of special agents and detectives from various law enforcement agencies throughout Southern California. Mr. Ryan oversees white collar crime in Los Angeles, which includes financial institution fraud, money laundering, and identity theft. During his career, he successfully worked major frauds, counter terrorism, gangs and criminal enterprises, and narcotics. In 2009, Ryan was deployed to Haiti for the search and rescue of U.S. citizens being held hostage for ransom.

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