Showing posts with label real estate. Show all posts
Showing posts with label real estate. Show all posts

Thursday, September 4, 2008

HURRY UP AND WAIT FOR A FORECLOSURE SALE

There are lots of great deals on the foreclosure and short sale market, but be prepared to wait it out while the clueless banks take their time fumbling around with the particulars, some banks are better than others, but most of them are always waiting for an appraisal or to find out if there are any clouds on the title.
If you are renting or in a similar situation where you don't have anything to sell and there is no chain reaction that needs to take place, you are in the drivers seat. Typically it takes about 3 months from start to finish, less if you can pay cash, but be sure that you get a title insurance policy to protect you against any unforeseen liens or encumbrances that may have been overlooked, alot of times in a foreclosure situation the former owner "forgets" to pay taxes and other things like mechanics liens or permanent improvements, the title policy will insulate you against costly litigation and other headaches.
Please contact me if you have an interest in a foreclosure or short sale property, I will help you find the best deals available.

Monday, August 25, 2008

POST ELECTION SELECTION

Lets get it over with already, the presidential election used to be kinda fun, the country came together to try to figure out who will do the best job in keeping America strong and steer her on the right path to prosperity. Now we just hold our breath and try to figure out which candidate has the least checkered past, the least amount of scandals and most importantly, who will do the least amount of damage.
The real estate market always gets sluggish right before the presidential election, granted, it has been sluggish for about a year now but we need leadership and direction to get us back on track, the congress is so awash in partisan politicking that they will not be effective stewards for significant change. The real estate market fueled the longest sustained economic growth that the country has ever experienced, mismanagement, malfeasance and sloppy banking practices caused the derailment.
The true American does not depend on the government to dictate their financial decision making ability, what we should be doing is trying to make November 4th just another day.

Tuesday, August 19, 2008

FEAR FACTOR : OVER ZEALOUS INSPECTORS

Home inspectors do the home buying public a great service, they are kind of like referees in a football game or umpires at a baseball game, however at times they can be a little too nit-picky. It's true that they are usually working for the buyer in a real estate transaction and their fiduciary duty is too alert the buyer of serious problems with a property, it's also important to point out some not so serious problems as well, it is never their duty to recommend whether the buyer go through with a purchase, they should just present the facts and offer solutions on how to address these problems.
Like sporting officials, they do their best work when they are "invisible" to the principles involved, a good home inspector will point out problems without alarming the interested parties, I have witnessed good home inspectors scare their clients unnecessarily over problems that were very easily fixed or negotiated, the great home inspectors are the ones that can prioritize the problems and help walk their clients through the reality of their findings.
As a Realtor I admire what I consider a "great" home inspectors services, this usually comes along with lots of experience and a true knowledge of their craft.

Thursday, July 31, 2008

Congressional Cowards & Senatorial Sissies

As usual, the politicians, those lilly livered spineless cowards that continue to pillage America for their own personal gain, are using exceptionally poor judgement and scare tactics to skew the election year economic cycle so that they can make the other party look bad. The real estate market is not in nearly as bad shape as the slanted and biased media would like you to believe, the fact of the matter is that home prices got artificially inflated by the likes of speculators and a booming economy, many people have never witnessed this type of anomaly before, they thought that it would never end.....well it has, people are not buying homes because they cannot sell the one they have.
If you bought at the top of the market you probably paid too much, you probably got questionable financing and you may have over extended yourself from buying TOO MUCH house. Here are your options, you can ride it out and wait until the smoke clears to see where you stand, you can try to break even or take an acceptable loss or you can start building equity at an accelerated rate and end up in the black when you sell or have your home paid for in 8 to 12 years by getting involved with United First financial.
These politicians are angling to put you on the road to dependence, if any executive ran a company the way the politicians are running America, not only would they be fired but they would also be put in jail. Wake up my fellow Americans, get out of debt as quickly as possible.