Andretta Pierce's (andy1) Blog

I am working with an A list Buyer who insisted on going to her Bank because it was down the street from her house and convenient.....the Bank (which I will not name) is one of the largest and my history with them closing on time and efficiently has not been good.  But I obey and go with my custom...

Many buyers are mislead into believing that this is a buyers market because of the depressed economy, news media hype about foreclosure bargains etc.  True it is a depressed economy, true, there are many foreclosures to choose from...but it is those two things that have created the new market tha...

A Must Read for All Buyers and all Real Estate Professionals The current market does not favor buyers.  I repeat, the current market does not favor buyers. Allow me to explain.  For months, if not years, you have been told that the glut of housing inventory makes for a buyer’s market of epic prop...

I have been doing short sales for the last four years, so I was a bit ahead of the curve. I have been featured in Illinois Realtor Magazine (upcoming July Issue), featured in Realty Trac Online newsletter (August '09) and have closed many short sales, sometimes even negotiating them, even thou I ...

What do you do when your Buyer is ready to close, the Seller has a approval on their Short Sale and both parties can close but the Seller decides to stall the closing because they are purchasing (on the sly,not using the same agent or attorney on purchase) another home that is not ready to close....

TAX CREDIT MAY BE GONE, BUT LOW INTEREST RATES ARE HERE AND THAT COULD MEAN MUCH LOWER MORTGAGES WHICH CAN LAST A LIFE TIME...WHILE $8000 CAN COME AND GO A LOT FASTER! If you have a decent credit score and can buy a house, fantastic. But what if you could have a better credit score and can buy th...

1. Making a big purchase like buying a car before a house.  A big purchase would use up a considerable proportion of a a borrower's total credit limit. 2. Not having a Home Inspection: With all the distressed properties on the market skipping a home inspection is a big mistake. One Home Inspector...

It is Over! $8000 you will never see if you are a potential home buyer and you did not get a contract in by April 30th. Let's examine some of the reasons. 1. Working with a Part Time Realtor. You chose to work with a  part time Realtor who was a friend or a relative that did not show properties t...

You are a Buyer whose excited because you got your contract accepted by the seller and now it is time to get an Home Inspection. OH me, oh my what to expect.........the day arrives and here comes the inspector you hired to tell you all about the home you are about to purchase, and you may be exci...

The Final Curtain is here  for the tax credit and those buyers who have seen every house in their price range, over their price range, underbidding on bank owned properties, taking Realtors to more homes than their file can hold.....are now in panic mode.  Missing $8000 because they did not liste...