Colorado Finance Summit, John Stovall & John Beldock

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Green Financing from the Real Estate Broker Point of View John Stovall- Ecobroker John Beldock – Association of Energy Environmental Real Estate Professionals

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John Stovall, Ecobrokers John Beldock, Association of Energy & Environmental Real Estate Professionals "Green Financing from the Real Estate Broker Point of View. What Will Activate the Consumer?"

Transcript of Colorado Finance Summit, John Stovall & John Beldock

Page 1: Colorado Finance Summit, John Stovall & John Beldock

Green Financing from the Real Estate Broker Point of View

John Stovall- EcobrokerJohn Beldock – Association of Energy Environmental Real Estate Professionals

Page 2: Colorado Finance Summit, John Stovall & John Beldock

Green Financing from the Real Estate Broker

Point of View.

What will activate the consumer?

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Easiest & Most Effective? Which energy retrofit financing

solutions are going to be the easiest and most effective for Colorado consumers?

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Easiest & Most Effective? Rate Brain

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Easiest & Most Effective? Rate Brain Cost Brain

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Easiest & Most Effective? Rate Brain Cost Brain Qualifying Income Brain

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Portfolio for Widest Range? Which portfolio of financing

solutions can work for the widest range of Colorado consumers?

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Portfolio for Widest Range?

Yes

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Portfolio for Widest Range? Yes

Contractor financing

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Portfolio for Widest Range? Yes Contractor financing

Unsecured and/or secured solutions◦ Mortgage department?◦ Consumer lending department?

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Portfolio for Widest Range? The Credit Elephant? FHA's absence of a minimum credit

score, ◦ but with definitive criteria regarding

borrower qualifications; ◦ pride of ownership, willingness to pay, ◦ basic product design counts.

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Portfolio for Widest Range? It's going to take more work on

everybody's part to write better loans. Pioneers put their stuff in covered

wagons and pulled them a long way. It was hard work.

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successful for Colorado homeowners and homebuyers?

What's the market telling us about which financing and marketing calculus are most likely to be successful for Colorado homeowners and homebuyers?

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successful for Colorado homeowners and homebuyers?

Easiest products will succeed

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successful for Colorado homeowners and homebuyers?

Easiest products will succeed

Streamlined

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successful for Colorado homeowners and homebuyers?

Easiest products will succeed Streamlined

Volume

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successful for Colorado homeowners and homebuyers?

Use existing products (FHA, etc.) with subtle, sensitive, and effective modest adjustments

Communicate through trusted change agents

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successful for Colorado homeowners and homebuyers?

Count on lower foreclosures Enhanced community reputation for

lenders Some very happy and more

comfortable Colorado customers.

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Green Financing from the Real Estate Broker Point of View.

Thank You!