Nov 24, 2009 | Buying, Real Estate Tips, Real Stories
Many times I’ll get phone calls and emails from prospective buyers wanting to view property…and view property ASAP. As a professional, I always tell buyers that the first step is getting pre-approved. Serious buyers are glad to be pointed in the right...
Nov 19, 2009 | Real Stories
Instead of talking about the market this morning I’m going to bring you some comedy from the life of a Realtor. I told my broker this story the other day and he said I needed my own show with all the drama I run in to while showing homes. I think he’s...
Nov 18, 2009 | Buying, Foreclosure/Short Sale, Market Trends, Market Value
Well, maybe. If you’re searching for a “deal” on a bank owned or foreclosed home, you may find yourself back in a 2004 bidding war. Bank owned homes have a specific MO for getting the maximum amount of money for a property. They price it low and...
Nov 17, 2009 | Uncategorized
Appraisals are a HUGE issue in this market. Put a home under contract for $300,000, and it could very well appraise at $275,000. This is a fact of the marketplace and sellers have to deal with this reality. Sellers in the traditional sense, and sellers in the bank...
Nov 14, 2009 | Flipping, Foreclosure/Short Sale, Illegal Activity
The ABC transaction. I had an encounter with one the other day. Here’s the scoop on this. My buyer saw one of those home-made signs in his neighborhood that says something along the lines of “bank owned $50K, buy now!” I search on the MLS for the...
