Archives of real estate blog entries for August 1, 2008 (Page 7)

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Relocating to Charleston, SC - 02:57 PM
Thinking of relocating to our beautiful Charleston, SC area?  This city is as naturally beautiful as it is historically rich, and its residents are a wonderful group of friendly people from all over the world.  The historic downtown district is loaded with century's old glimpses into the past along with excellent shopping, dining, boutiques, galleries, antique stores and cafes galore.
 People move to this great area for a multitude of reasons.  Corporate executives find themselves in fortunate circumstances when transferred here.  Health care professionals seek out the excellent medical facilities for career enhancement.  Military personnel are delighted to transfer here.  Retirement … (0 comments)

Imagine a $10,000 Mistake. OUCH! - 09:36 AM
Imagine, as a listing agent,  showing up at a closing and having to explain to your seller that they are going to get $10,000 less than you told them they would. 
Imagine that the contract was as clear as could be but you assumed that the $10,000 down payment assistance in the special stipulations was the same as the $10,000 of seller paid closing costs on the front page of the contract.  So instead of $10,000 in concessions that you explained to them, the seller actually had agreed to $20,000 in concessions.
Imagine that this was only your second closing since you obtained … (8 comments)

A Scam and Another Scam - 03:05 PM
In the last few days two scams have come to my attention.  Both involve individuals who are not licensed trying to sell real estate.  Two days ago I got a call from a women who works at a building management company.  She has an office at the building so individuals who walk in and are interested in buying or sellers who live in the building think that she is licensed and that it is legal for her to show and negotiate properties.  This individual even called me to show one of my listings in her building.  I asked her if she … (1 comments)

Yes, I Know - 04:51 PM
We are in a buyer's market.  A lot of properties that are on the market are getting many showings but not a lot of offers.  Properties can sit on the market for a while in this market.  When offers are presented on these properties I hear a lot of frustration on the part of the agent presenting the offer.  Like they already know they are wasting their time.
Yesterday I got a very long voice mail from one of these agents.  This agent had a buyer who had seen a property seven months ago and had some interest but felt it … (2 comments)

Homes For Sale In Tooele|Real Estate Report !! - 02:08 PM
This Real Estate Report about homes for sale in Tooele, is actually a snapshot of home sales activity in Tooele, Stansbury Park, Erda, and Grantsville Utah, which represents over 95% of the homes for sale in Tooele County.
These statistics are provided by the Wasatch Front Regional Multiple Listing Service, (MLS) and are as accurate as the information supplied by local Realtors. Any comment or opinion expressed is just that, an opinion, and should not be taken as legal or accounting advise.
You wont find many homes for sale by owner (FSBO) included in these numbers, as few home sellers put their … (0 comments)

John Wayne Says "Utah Banks Are OK" - 02:24 PM
Ok, this may be the long way around the barn, but stick with me...
Utah Banks are O K. !!!
Who remembers the movie "Stagecoach"?   Not the cheesy one from '67 (although anything with Ann-Margaret is worth watching), but the original John Ford classic from 1939?
 Most of us remember the story of the Ringo Kid (Wayne) traveling to Lordsburg to avenge the murder of his brother.
How many of you remember one of the side plots about the banker stealing money from his own bank and heading out in the same coach? The banker was an annoying windbag, but he had … (0 comments)

August Real Estate Cyber Tips - 10:48 AM
 
If I can be of assistance to you, please do not hesitate to call or email me.  It will be my pleasure!  By the way, if you know of someone that could benefit from my high level of service, please call or email me with their name and daytime phone number and I will make sure to follow up and take great care of them.  My business keeps growing from your referrals.
 
My Direct Number at the Office is 847.516.6760

(5 comments)

Shadow Wood For Sale Tamarind Trace - 03:09 PM
 

(1 comments)

Golden Oaks Real Estate - 10:15 AM
Golden Oaks is a subdivisions of nearly 400 homes located in the Northwest section of the City of Aurora. It was built by Pulte Homes between 1990 and 1994 and consists of small to medium-sized homes ranging from around 1200 to 2300 square feet. Golden Oaks homes are popular with both first-time homebuyers as well as budget-concious families due to the relative low prices of homes versus what you get. Many of the homes feature 3-4 bedrooms, full basements and come in a variety of styles from ranch homes to large two-story. Golden Oaks is conveniently located near I-88, Orchard Road, … (0 comments)

Short Sale Chicago Illinois - 11:11 PM
Short Sales in Chicago - Illinois Pre Foreclosure Listings:
www.ChicagoShortSalePro.com
Short Sale info: www.Chicago-IL-Short-Sale-Foreclosure.com/ShortSale 
by Michael Sorensen - RE/MAX CITY REALTORS
Free Short Sale Listings in Chicago and Suburbs, IL
TEL 773-987-8224 ..call me anytime!
Free Short Sale Listings & Pre Foreclosure Service for Property Sellers in Chicago & Suburbs, Illinois (we are paid by the Bank).
by Michael Sorensen of RE/MAX CITY REALTORS
Serving Chicago & most suburbs in Northern Illinois.
(Michael Sorensen is one of the Top Producing Agents for the Number 1 REMAX Realty Office in Sales in Chicago Illinois in 2008)
www.ChicagoShortSalePro.com  
TEL 773-987-8224 ..call me anytime!
Michael Sorensen, Broker … (0 comments)

Illinois Pre Foreclosure Help - Chicago Short Sale - 11:15 PM
 - SHORT SALE CHICAGO - 
Illinois FREE Pre Foreclosure Listing Service 
by Michael Sorensen - RE/MAX Agent 
    www.ChicagoShortSalePro.com    
TEL 773-987-8224
There is No Charge to property sellers for any of our Short Sale service!
FREE CHICAGO SHORT SALE SERVICE, ILLINOIS SHORT SALE REAL ESTATE LISTINGS, FREE PRE FORECLOSURE REPRESENTATION FOR PROPERTY SELLERS IN CHICAGO & SUBURBS - NORTHERN ILLINOIS.
Behind on mortgage payments?
www.Chicago-IL-Short-Sale-Foreclosure.com/ShortSale
Do you owe more than the property's worth?
www.Chicago-IL-Short-Sale-Foreclosure.com/ShortSale
Forced to sell or just want to get out?
www.Chicago-IL-Short-Sale-Foreclosure.com/ShortSale
Want to legally walk away from your property and avoid foreclosure?
www.Chicago-IL-Short-Sale-Foreclosure.com/ShortSale
Don't Pay a dime to anyone!
Our services are provided at … (0 comments)

Lenders don't want to lend money in today's market! - 08:52 PM
 
I am convinced - without a doubt - lenders do not know what they are looking for in a client. Under writing rules and guidelines seem to not only be changing daily but during the day as well. I am almost convinced that lenders do not want to lend money.

We have buyers!
We have buyers with money down!
We have buyers with strong credit scores! 
We don't have a lender that will finance these purchases!
This week alone, we've had two situations where the lenders have come back multiple times, asking for more items or in Fiasco … (8 comments)

Seth Godin's "Triiibes" could be as addictive as Active Rain! - 11:57 PM
I think I may be in big trouble!
Sharon Simms mentioned Seth Godin's new site, "Tribes" a day or so ago. At that time I had also received my invitation but had not done anything with it.
I finally got around to looking at it tonight - and, boy oh boy - sleep is going right out the window.
Very similar to Active Rain, Triiibes is set up on the premise of just that - we all lead our own "tribes." Be it our family, our employees, our civic groups. We interact with tribal characteristics. We band together to get the … (43 comments)

Deadline Day...................... - 12:00 AM
Tomorrow is the deadline day.  Those that wish to remain members of our board of realtors must have paid their dues by close of business today, paying tomorrow will result in late fees etc.  So tomorrow becomes the day in which we find out how many of our fellow Realtors will continue as Realtors.  I know that they may still continue as Real Estate Sales Agents, they just won't have MLS access. 
I am still feeling torn about the situation, I know that we have too many Realtors on our board.  I am not being negative, but there are only so … (1 comments)

Trading Deadline................... - 01:06 AM
I love this time of year in the baseball season.  Teams are gearing up for the pennant races and trades are made.  There were some huge trades, Manny Ramiriez to the Dodgers, Ken Griffey to the White Sox, the back end of the Ramirez trade with Jason Bay going to the Red Sox.  The Yankees adding Nady, Marte and Ivan Rodriguez.  The Cubs adding Rich Hardin and the Brewers adding Sabathia.  It is exciting!  I love the Angels adding Mark Texiera to that line up.
It should make for some exciting races down the stretch.  I do think these trades should … (3 comments)

Another Recommended Read - 01:13 AM
I am reading the 8th Habit by Stephen R. Covey.  I have less that 80 pages until I have finished reading it.  I have read a lot of his other books.  I love the 7 Habits book, and have tried to incorporate some of it into my life and business.  The 8th Habit is really more about being a leader, but the sections that I have been devouring have been where he talks about listening, and communicating.  I believe that if I can learn to use some of what he is teaching, I will work so much better with sellers and … (11 comments)

Tampa Realtors Getting Nasty During Negotiations - 04:14 PM
I work in the Tampa Real Estate Market and I know for some agents, the market is tough for them.  I look at it differently since I am a different kind of realtor.  I learned Real Estate from a Technical Point of view being an engineer in the past so my real estate business is pretty busy.  In either event, some of the negotiations that I have gone through have been heated on the other side of the negotiation.  The other agent has gotten nasty and has put their own emotions ahead of their client.  Hey Listen, I can go blow to … (0 comments)

Day 12 Kitchen Remodel - Some Appliance Installs & Backsplash Chosen - 10:17 PM

My day started off really crummy. After I booted up my Mac, I opened Parallels to check MLS. Staring me in the face was a screen asking me to reinstall Windows XP. See, this is why I despise Windows. Since I didn't have time to work myself up in lather over the reinstall, I booted up my PC laptop. It asked to verify Windows XP. Call me silly, but I see a pattern there. Perhaps I forgot to update something. I verified my Windows XP and, during the start-up phase, my screen turned into a bunch of scribbly lines. Shut … (12 comments)

Freddie Mac ups incentives to stem foreclosures - 12:07 AM
Freddie Mac, the government-backed entity that buys mortgages on the secondary market to provide liquidity, is getting more aggressive in trying to slow down the foreclosure train on loans it owns. Evidently it feels it has to do more than what it has done thus far in order to minimize the damage. Its new initiative is to better reward workouts by mortgage servicers.
When a home loan servicer completes a repayment plan with a distressed borrower Freddie Mac will compensate it $500, up from the previous $250. And loan modification payment goes up from the current $400 to $800. Compensation increases … (12 comments)

Please Join Me in Extending Your Umbrellas to Welcome...Takara Taylor! - 11:00 PM
Audu Real Estate is pleased to Welcome a New Agent to our team.  Takara Taylor has enrolled in  the Audu Real Estate  Mentor Training Program. 
Takara's prior background in social work provides a lot of insight into dealing with people...a very valuable skill for an aspiring real estate specialist. She has also been involved in some real estate investments on a personal level and looks forward to increasing her skill and knowledge level as she serves clients who need to buy and sell properties in West Michigan.
Here's a little bit from Takara in her own words...
I studied the Real Estate … (22 comments)

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