The past 8 months has brought thousands of visitors to our site searching foreclosures and short sales and we've been successfullly getting Investors great value. Many customers cannot believe how dramatic the price swing here in Sarasota, Fl. and in general Southwest Fl. has been, and how the Ba
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09/02/2008
As I posted yesterday, I'm reporting back on the closing costs charge to my buyer after the bank had agreed to pick and pay for title and closing costs services. After we review the HUD settlement statement and notice those bogus charges, we referred the matter to our customers attorney. Unfortun
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08/28/2008
This is a follow up to my excessive Title closing costs blog. Today, we received the final closing statement from the Banks choosen Title company, per the contract (foreclosed REO) the Bank choose to pay for closing and therefore was able to choose the Title company. But to our dismay; we have th
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08/27/2008
Many buyers have been disinchanted to make offers on Short Sales because of several factors. The first is the reponse time of which I'll address in this paper. The response time has been the biggest factor with both the buyers and agents, waiting 30-45 days is ridicules but currently thats the sc
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08/26/2008
With the primary activity of sales in our area being Short Sales and REO'S we are finding that lenders are picking the Title companies and say they are paying closing costs and what in fact is happening; is many of these Title companies may be charging the buyers also with higher than customary f
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08/26/2008
Searching for qualified agent willing to work short sales and reo's in the Sarasota, Bradenton and Venice areas. I'm receiving qualified buyers regularly and am searching for a Professional to accept referral leads for a 30% fee of your Brokerage's commission. Minumum contact prior to buyers arri
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08/21/2008
QUESTION: WHATS THE APR INTEREST ? MUST I APPLY FOR THE LOWER RATE AFTER THE 1ST YEAR? Your interest rate for example is 6.00% for the prescribed period. Lets say you have a 30 Fixed loan and you see a APR interest rate of 6.35%, this is disclosing that the lender has made additional monies the
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08/19/2008
FHA DOWNPAYMENT ASSISTANCE PROGRAMS and Sellers have a ray of hope. A new Bill introduced on July 31,2008; known as THE FHA SELLER-FINANCED DOWNPAYMENT REFORM & RISK BASED PRICING AUTHORIZATION ACT OF 2008 (H.R.6694) was co-sponsored by Representatives Maxine Waters, Al Green, and Chris Shays Man
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08/18/2008
Before purchasing Canadian buyers should look into protecting their interest by setting up a Revocable Trust or ? before purchasing in the U.S. Any other advice for our foreign investors? Foreign investors here in the Sarasota,Bradenton and Venice Fl. area have been a saving grace for the market
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08/07/2008
AM LOOKING FOR FEED BACK ON THE MOST EFFECTIVE WAYS TO CREATE A REFERRAL BUSINESS FROM OUT OF AREA REALTORS. WE OFFER A 50% REFERRAL COMMISSION TO REALTORS SENDING BUYERS TO SARASOTA, BRADENTON, AND VENICE FLORIDA AREA. WE'VE TRIED MASS EMAILS BUT HAVE HAD LITTLE RESULTS. ANY SUGGESTIONS ? THERE
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07/31/2008
