Paul Francis
  • Male
  • Las Vegas, NV
  • United States
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Paul Francis commented on Tami Smith's blog post Collecting rent on a short sale
"Here in Nevada it's completely legal but the tenants must be notified of the situation -- ESPECIALLY if a NOD and NOS has been filed. Some tenants will freak out but I've found that once you explain the Protecting Tenants at…"
Sep 25, 2013
Paul Francis commented on Mike Linkenauger's blog post Fannie Mae National Real Estate Price Fixing is Here
"@Catherine Gheen, What should "frost your cookies" (Lol) even more is knowing that these same agencies were selling off blocks of homes at deep discounts to big "qualified" investment firms not too long ago so they could turn…"
Jan 26, 2013
Paul Francis commented on Mike Linkenauger's blog post Fannie Mae National Real Estate Price Fixing is Here
"@Joe, You should also start up the petition on Change.org and have it blasted out to all of the activists out there.. Just a thought.. because I'm certainly right with you. It's so obvious what is going on when you are familiar with…"
Jan 26, 2013
Paul Francis commented on Mike Linkenauger's blog post Fannie Mae National Real Estate Price Fixing is Here
"@Catherine, State rights are trumped by the Feds nowadays. States can go after the banks but they are not going to get anywhere against Federal Quasi agencies such as Fannie Mae and Freddie Mac which has a decade of corruption going on. (Look up…"
Jan 25, 2013
Paul Francis commented on Mike Linkenauger's blog post Fannie Mae National Real Estate Price Fixing is Here
"@Mike.. Our local news picked up on it: http://www.8newsnow.com/story/20386950/i-team"
Jan 18, 2013
Paul Francis commented on Mike Linkenauger's blog post Fannie Mae National Real Estate Price Fixing is Here
"Suggested Feature and Re-Blogged on ActiveRain. Great post Mike... been meaning to write something up about this since last October but have not gotten around to it. Been wasting too much time on Fannie Mae owned short sales... Lol."
Jan 18, 2013
Paul Francis commented on Mike Linkenauger's blog post Fannie Mae National Real Estate Price Fixing is Here
"Homepath.... No appraisal needed if the buyer of a Fannie Mae owned home uses the program which basically means the inflated price will get through. In other words... I think they WANT to foreclose on their homes since the taxpayer picks up the tab…"
Jan 18, 2013
Paul Francis commented on Susan Morimoto's blog post FannieMae - Consistantly countering at well above fair market value
"Makes sense now. I'm about to take two straight equity sale listings and when doing the research on the neighborhood, saw two Fannie Mae owned properties listed for far above market value. I've noticed this going on all over. Start the…"
Nov 16, 2012
Paul Francis and Mike Linkenauger are now friends
Nov 16, 2012
Paul Francis commented on Susan Morimoto's blog post FannieMae - Consistantly countering at well above fair market value
"Spot on Michael. Property goes to foreclosure and ends up in the Fanne Mae Homepath program... Appraisals don't become an issue in the Homepath mortgage program. No Appraisal needed..."
Nov 16, 2012
Paul Francis commented on Susan Morimoto's blog post FannieMae - Consistantly countering at well above fair market value
"It's a Fannie Mae policy.... it's not short sale 101 techniques about full CMA's, bad BPO's, blah, blah, blah. If you have relationships with negotiators they'll tell you what's going on. It's about Fannie…"
Nov 16, 2012
Paul Francis commented on Susan Morimoto's blog post FannieMae - Consistantly countering at well above fair market value
"Coming across the same thing... as are numerous other real estate agents. Call to Action is certainly needed here with this trend and Jennifer has a great idea. Personally.... I'm going to be EXTREMELY selective from here on out in taking on…"
Nov 16, 2012
Paul Francis replied to Carol Pease's discussion Bank of America FHA Short sale problems and Changes!!!
"Nice to know I'm not the only one getting the run around by Bank of America on a FHA short sale. One of my files keeps getting switched around all over the place since April. Playing Musical "Stage 2 negotiators" I suppose... pass the…"
Aug 23, 2012
Paul Francis replied to Tracie Norman's discussion Charging the Buyer a Fee to Process the Short Sale Listing
"Pretty much the same here in Vegas. I just listed and closed a short sale to one of my buyers (dual agency) and the lender (WF) would not even allow the Buyers Broker Administration Commission of $350 to be charged."
Aug 23, 2012
Paul Francis replied to Tracie Norman's discussion Charging the Buyer a Fee to Process the Short Sale Listing
"Ummm... well.. it depends on the price. The last short sale that I personally bought the listing agent asked me to pay for a $500 "short sale processing fee" for a deal that was a fair price and I told them up yours. It's not my…"
Aug 23, 2012
Paul Francis replied to Mike Linkenauger's discussion Government Sponsored Principle Forgiveness Refinance Program is Here!
"Interesting.... How come I was not invited to this Dinner??!?? LOL... Don't put too much into that Arm's Length Transaction thing as being the standard norm going on... Just closed a deal where the homeowners were allowed to stay as…"
Jun 20, 2012

Profile Information

Occupation
Realtor
Areas You Service (be VERY specific specific and include ALL counties, cities, states, and towns you service!)
Las Vegas, NV - Summerlin, Green Valley, Rhodes Ranch, Southwest Las Vegas, Northwest Las Vegas.
Website
http://www.LasVegasRealEstateHome.com
Short Sale Transactions Completed
50-100
Do you have any experience in Commercial Real Estate? If so, do you have the CCIM or any commercial designations? How many commercial transactions and dollar volume have you CLOSED?
Yes - No - 1 - $10 Million
About Me/Profile of yourself: - Please add your Brokerage Company name also!
REALTOR in Las Vegas practicing since 2001. 100's of deals closed specializing in the Master Planned Communities of Las Vegas. Visit my site for more information.

Paul Francis
Prudential Americana Group, REALTORS
www.LasVegasRealEstateHome.com
8337 W. Sunset Rd, Suite #150
Las Vegas, NV 89113
702.592.3058
Put in todays date! This is to help stop spammers!
October 5, 2011
PLEASE READ THIS!!! - This site is primarily for Realtors, REAL buyers or sellers with questions are welcome to ask, anyone here for other purposes may be banned. 1. Because this site is primarily for agents agents, Any soliciting is pointless and is not allowed. Please do not sell or promote products or services in any way, directly or indirectly. Do not link or sneak in links promoting your services on comments, posts, discussions or blogs. You may have links on your profile pages to your websites as long as your are not selling things other than real estate! Again, absolutely no outgoing links to your websites, blogs or listings 2. Do not speak disparagingly about members on this site. This community is meant to be helpful, and we are here to help each other. 3. We reserve the right to delete content and/or ban members that violate these rules. 4. Member Name (Full Name Field) format must be FIRST NAME, then LAST NAME! Please no company names, DESIGNATIONS, or website in the name field! Please read the terms of service under the "home" tab! IF YOU AGREE TO THESE TERMS, PLEASE TYPE "I AGREE" IN THE BOX BELOW!! Thanks for your cooperation, and welcome to the Network!
Paul Francis

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