The clock is ticking - December is the deadline for your tax credit Mr. and Mrs. First Time Home Buyer! But where are all the deals? Why can't I buy a home for pennies on the dollar anymore? They are still there...they are just disguised! Last year, it was easy to go and buy a home. There was
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06/25/2009
A major topic in the real estate industry right now is the introduction of the Home Valuation Code Of Conduct (HVCC) on May 1, 2009. Why is this a major topic amongst agents who are actively closing transactions - because their transactions are not appraising for the sales price! Since this code
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06/23/2009
I am starting to see it advertised all over - "Successful Short Sale Agent" - mainly in the remarks of listings that only agents see as ways to entice that agents buyers and make them feel at ease. It is funny how "Successful" can be thrown around when talking about a short sale for the fact bei
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06/22/2009
Step 4 - Get Ready To Deal! In our market right now, homes are lasting less than a week on the market. It is amazing how fast things are selling - even the distressed property's. This is helping those who are doing a short sale because the competition is keeping the price around market value.
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06/04/2009
Step #3 - Document, Fix, And Prepare The number one mistake that is made when listing a short sale is the dreaded As-Is statement. The number one reason why short sales fall apart is because the buyer walks either when the bank takes too long, or they get nervous and feel as if they are making
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06/03/2009
Step #2 - Contact An Expert And Get Answers! Do not think that this is something you can do alone, and do not be embarrassed about your situation. Almost half the homes with a mortgage have some form of delinquency on them. There are many agents and organizations out there who are devoting the
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06/02/2009
Step #1 In Avoiding a Foreclosure - Evaluate your financial position and be truthful The statistics are alarming - 70% of homeowners facing foreclosure do nothing! Wow...it is hard to believe that this is becoming a reality in the market place. Then you have agents who have blogs on this very
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05/29/2009
If you turn on the radio in your car right now, you will probably hear three to four commercials an hour advertising services relating to credit card debt, or law firms advertising loan modifications. Of course with all these services comes a fee...and who do you think is going to pay for that?
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05/12/2009
Dear Fellow Homeowners: We are all in this together. For the past two years, the real estate industry has been completely overhauled and along with it, the housing market has taken the brunt of the pain. I, just like you, have watched my homes value decline significantly in value. I, like many
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05/08/2009
One of the most disturbing trends of the past two years that we had to deal with was the emergence of "The Experts" - you know the people on TV or writers in magazines and newspapers telling people thinking about buying a home that they were fools or that they should offer at least 10% lower than
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05/04/2009