Friday, August 27, 2010

Christopher Thornberg Joins Bruce Norris on the Real Estate Radio Show #189

This week the Norris Group continues with radio interviews leading up to I Survived Real Estate 2010: The State of REO. On the radio show this week is Principle of Beacon Economics, Christopher Thornberg. Bruce and Christopher discuss current developments in the economy, deflation and inflation, housing demand, unemployment, and much more on this week's show.

Play Now

Friday, August 20, 2010

Joseph Magdziarz Joins Bruce Norris on the Real Estate Radio Show #188

This week the Norris Group continues with radio interviews leading up to I Survived Real Estate 2010: The State of REO. On the radio show this week is 2011 president of the Appraisal Institute, Joseph Magdziarz. Bruce and and Joseph discuss current developments for the appraisal industry including HVCC nad possible changes moving forward and the industry adjusts in the marketplace.

Play Now

Friday, August 13, 2010

Sean O'Toole with PropertyRadar #187

This week the Norris Group continues with radio interviews leading up to I Survived Real Estate 2010: The State of REO. On the radio show this week is president of Foreclosure Radar, Sean O'Toole. Bruce and and Sean talk about the state of current REOs and trustee sales in California, shadow inventory, where shadow inventory resides, legislation changing the market, and statistics on loan modifications. This and much more on this week real estate radio show and podcast.

Play Now

Friday, August 6, 2010

Daniel Phelan with Southwest Realty Services #186

This week the Norris Group continues with radio interviews leading up to I Survived Real Estate 2010: The State of REO. On the radio show this week the Mortgage Bankers Association selection to sit on the panel, Daniel J. Phelan. Daniel is CEO and President of Pacific Southwest Realty Services. Bruce and Daniel focus on the state of the commercial mortgage industry from its boom years to the recent situation in the credit crunch. Daniel talks about the loans that are currently not doing well and when those were underwritten and where the money came from in those transactions. This and much more on this week real estate radio show and podcast.

Play Now

Friday, July 30, 2010

Tommy Williams with the National Auctioneers Association 7-31-10 #185

This week the Norris Group continues with radio interviews leading up to I Survived Real Estate 2010: The State of REO. On the radio show this week is 2008 President of the National Auctioneers Association and Co-Founder of Williams and Williams Auction Company, Tommy Williams. Bruce and Tommy discuss current market place trends with real estate auctions, when auctions work the best, if auctions are being used for REO, and what to look for in a good auction company.

Play Now

Friday, July 23, 2010

Marsha Norris #184

This week the Norris Group launches its third annual breast cancer fund raising event, I Survived Real Estate 2010: The State of REO. On the radio show this week is the inspiration for the event and wife of Bruce Norris, Marsha Norris. On the show, Bruce and Marsha discuss the many hurtles and challenges of fighting breast cancer for 15 years. Thanks to all of our sponsors for already helping us have the biggest launch to date. We couldn't do it without you.

Play Now

Friday, July 16, 2010

REO Mentor Tony Alvarez #183

This week Bruce is joined this week by long-time real estate investor and now author of "Breaking Into the REO Business," Tony Alvarez. Bruce and Tony discuss the main way Tony buys houses, 14 distinctions for the lazy and incompetent, how Tony describes lazy, market timing, how to get in with agents that already have an investor in place, building relationships, love and its role in becoming great, and much more.

Play Now

Friday, July 9, 2010

REO Mentor Tony Alvarez #182

This week Bruce is joined this week by long-time real estate investor and now author of "Breaking Into the REO Business," Tony Alvarez. Bruce and Tony discuss one of Tony's first speaking engagements with the Norris Group, why he wrote a book, Tony's introduction to the business of investing in real estate, his family, the concept of his new book and why it's different, why Bruce bought his foreword, the psychology of REO and the agents involved, and so much more.

Play Now

Nancy West of HUD #181

This week Bruce is joined once again by Nancy West. Nancy is a marketing and outreach specialist for the Department of Housing and Urban Development. Bruce and Nancy discuss non profits working with HUD, NSP programs and how cities are working with the money they've been giving, loan modifications, FHA modifications, the role of the GSEs in the market, and much more.

Play Now

Friday, June 25, 2010

Nancy West of HUD #180

This week Bruce is joined by Nancy West. Nancy is a marketing and outreach specialist for the Department of Housing and Urban Development. She has been working in the mortgage industry since 1977. Nancy joined in 2004, and in 2006 she accepted one of four nationwide marking and outreach specialist positions.

Bruce and Nancy discuss the state of FHA mortgages, how long borrowers must wait for a government backed loans after forecloure, short sale, and deed-in-lieu, current guidelines for lending, HUD foreclosures, how investors can bid on HUD properties, 203k loans for investors, and much more.

Play Now

Friday, June 18, 2010

David Kittle with the Mortgage Bankers Association #179

This week Bruce Norris is joined by Senior Director Industry Relations for IMARC and 2009 Chairman for the Mortgage Bankers Association, David Kittle.

Bruce and David discuss internal controls on mortgage lending, checks and balances in the system, mortgage fraud and the kind that's most prevalent, current fraud schemes, mortgage fraud, short sale fraud, the state of the mortgage industry, and much more.

Play Now

Friday, June 11, 2010

David Kittle with the Mortgage Bankers Association #178

This week Bruce Norris is joined by Senior Director Industry Relations for IMARC and 2009 Chairman for the Mortgage Bankers Association, David Kittle.

Bruce and David talk a great deal about the different forms of bank fraud and the services IMARC perform as well as the many different players that may take part in mortgage fraud. The two also discuss upcoming loan legislation and what that means for real estate, how the FBI views fraud, and the state of the mortgage industry. The entire transcript can be found in the radio archives on The Norris Group website.

Play Now

Friday, June 4, 2010

Appraiser and Investor Rick Solis #177

This week Bruce Norris is joined by California real estate investor and appraiser, Rick Solis.

Rick and Bruce talk more about investing from 2001-2007, what was working and what was not, different skill sets that made a big difference, what Rick did in a downturn, Bruce Norris and the auction business, what Rick would have done differently in a boom, how Rick is buying properties now, competing with other investors, bad investors ruining it for the rest of us, and much more.

Play Now

Thursday, May 27, 2010

Appraiser and Investor Rick Solis #176

This week Bruce Norris is joined by California real estate investor and appraiser, Rick Solis.

Rick has been in the business since he was 20 years old. Rick does most of the appraisals for The Norris Group's hard money loan division and also helps train investors at The Norris Group's REO Boot Camp.

Bruce and Rick discuss the changes in the appraisal industry since Rick started, why he likes working with hard money lenders, the misconception of appraising being easy because of systems like Zillow, cost-basis appraisals, different property features that add value and those that don't, and much more. The full transcription can be found in the archives at thenorrisgroup.com

Play Now

Friday, May 21, 2010

Bill Shipp Joins Bruce Norris on the Real Estate Radio Show #175

This week Bruce Norris is joined by California real estate investor, Bill Shipp.

Bruce and Bill discuss his success rate of offers and purchases, his work process, how he has much of his business on automatic pilot, working with a construction crew, Bill's ongoing education, funny stories on rehabs, how to learn construction, bulk buying, and much more.

Play Now