Got conditional real estate lic. from CA
- Thread starter rudog
- Start date
Watch out for scraps in the Real Estate business.
I hear they got some higher ups from the Pen at Premier Real Estate in San Jo.
Also in Morgone Hill, J&R Realty has a scrap security guard at the front door who makes you sign the clipboard. Dont use your real name.
He haz been known to snitch to police.
I hear they got some higher ups from the Pen at Premier Real Estate in San Jo.
Also in Morgone Hill, J&R Realty has a scrap security guard at the front door who makes you sign the clipboard. Dont use your real name.
He haz been known to snitch to police.
he wouldn't have gotten a conditional license if something came up on the background check. a conditional license is basically the same thing as the official one, you can do the same thing with it. it just means that you haven't completed all your statutory college level courses. you can take 1 course (principals) then take the state exam. if you pass you get the conditional, and within a year and half you have to complete the other 2 classes or else they suspend your license. starting october there will be no more conditional license, and you have to complete all 3 courses before you get your L's.
you need to take 3 more classes i think
real estate practice and 2 other ones of your choice - i forgot which ones and how long you have.
www.dre.ca.gov
we don't really learn shit taking those classes
real estate practice and 2 other ones of your choice - i forgot which ones and how long you have.
www.dre.ca.gov
we don't really learn shit taking those classes
What bad time to get into Real Estate. Todays market is beat to shit. No one wants to buy because interest rates are up, no one wants to sell because more houses are going into foreclosure than sales also no one wants to sell until the market picks up because the value of a home is depreciating and people dont wanna loose they equity to sell now.
Your best bet is to invest into foreclosures. More people nowadays wanna rent places rather than buy or you can fuck with foreclosed homes and do a short-sale. Good luck on getting 100% financing tho if you wanna invest. Most lenders nowadays are fucking cautious about that and dont wanna fuck with it since most of them private lenders fucked people over with ARM mortgages and not properly explaining the advantages and disadvantages to they clients, just to make a quick commission.
Your best bet is to invest into foreclosures. More people nowadays wanna rent places rather than buy or you can fuck with foreclosed homes and do a short-sale. Good luck on getting 100% financing tho if you wanna invest. Most lenders nowadays are fucking cautious about that and dont wanna fuck with it since most of them private lenders fucked people over with ARM mortgages and not properly explaining the advantages and disadvantages to they clients, just to make a quick commission.
Conditional license only means you haven't completed all the education classes to be fully licensed. It has nothing to do with your background - everyone goes through a background check after you pass the test.
And about the foreclosures, its not really that great for foresclosures because everyone who is defaulting had high LTV's. There is very little equity in these foreclosures so it isn't quite a "bargain."
Market is gonna dip more now that lenders are tightening up their underwriting criteria. You can't go stated income with lows ficos and high LTV's which mean not as many loans are going through.
And about the foreclosures, its not really that great for foresclosures because everyone who is defaulting had high LTV's. There is very little equity in these foreclosures so it isn't quite a "bargain."
Market is gonna dip more now that lenders are tightening up their underwriting criteria. You can't go stated income with lows ficos and high LTV's which mean not as many loans are going through.