Archives of real estate blog entries for May 3, 2012 (Page 5)

Blog posts


Fastest Freddie Mac HAFA Short Sale: 48-Hour Turnaround - 07:54 AM
The lesson for today is don't ever try to do a short sale by yourself. Hire a Sacramento short sale agent. Or, if you live in some other part of the country, hire the best short sale agent you can find there. Unlike a loan modification, which you can do yourself, there is no real do-it-yourself short sale. You need a pro. An agent or a lawyer with plenty of short sale experience. That's because there are too many things that can go wrong.
I mean, call me silly, but if I were a seller, I would want my agent to … (5 comments)

Housing: The Little Engine That Can't - 04:13 PM
John,
Washington obviously is determined now to unload as many foreclosures as possible in Fannie Mae's, Freddie Mac's and FHA's books to reduce taxpayer risk. That is understandable. Yet, the consequences could be serious, as you mention. The deeply discounted homes investors buy will further lower property values in the neighborhoods and set existing homeowners even further back, making them potential foreclosure candidates. What about the tax base?
Via John Mulkey, Housing Guru (TheHousingGuru.com):
Housing, the force that has lifted the economy from almost all previous recessions, now appears to have become the little engine that can’t, as the nation seeks to find … (2 comments)

Fannie Wants How Much for that Chicago Home? - 11:37 AM
 
I was searching the Chicago MLS (“NIMLS”) this morning for three bedroom, two bath condo units for one of my clients.  I recognized a property address as a girlfriend, who used to be in real estate, converted this building and added a top floor to it back in 2006.  I am familiar with the building and so when I saw the new listed price of $337,500 and I knew that this unit closed out at $470,000 in 2007 (which, btw, I thought was high and knew we were in trouble financially with that type of selling price) was back on … (2 comments)

Getting the Deal of the Decade - 12:15 PM
 
Let’s face it, we all want a deal.  We want a break on gas price, the grocery store, most use Groupon for vacations, those little perks.  Shoot, even when there are six blue cars on the dealership parking lot, you know you can negotiate.  Ah, skip the blue car, you can negotiate.
 
When buying a distressed condo property or even a traditional sale condo property, one needs to factor in some big ticket concerns:
 
1.     Self-managed:  Is the building being properly maintained?  How fast do they respond and address concerns within the building?  Do they have … (2 comments)

Addison Votes - 2012! - 06:44 AM
All politics is local, as the saying goes.  And it doesn't get any more local than city council elections (except at the HOA level).  It's time, once again, to vote for Addison Town Council members and the 6 Propositions for bonds.
There are 4 candidates for 3 seats in the May 12, 2012 election:  Janelle Moore, Margie Gunter, Austin Spoonts and incumbent Neil Resnik.
Early voting is now underway and runs through May 8th.  All precincts vote early at the Addison Central Fire Station, 4798 Airport Parkway.  On election day, May 12th, precincts 2900 and 2901 vote at Fire Station #2, 3950 Beltway, next … (1 comments)

Condos at 5310 Keller Spring Road, Dallas are BACK ON THE FHA APPROVED LIST!! - 02:45 PM
Shout it from the roof tops!  The 5310 Keller Springs Condominiums are back on the FHA approved list!
 
Condominiums List Message:  CONDOMINIUMS SUCCESSFULLY COMPLETED
 
 
As of today, buyers can purchase condos without having to pay cash or come up with 20% down. This is GREAT news for the condo owners as well as buyers.  The pool of prospective buyers with FHA pre-approvals is much, much greater than those with conventional loans.
If you're looking for a two-bedroom, two-bath condo in this gated community with elevators, contact me.  I just happen to have a listing there!
… (2 comments)

Does it really cost $40? - 09:21 PM
There were some blogs that were circulating about how much Rainmaker accounts cost. Or if it's worth it or not. 
Value, like beauty lies in perspective of the person making the judgment.
As for me (and I'm sure I could speak for other Ambassadors as well), there's no doubt Rainmaker account is worth every penny (and more) - Dont tell AR that. Shhhh.....
I have been on AR for the past 5.5 years. I know the value. I see what a difference it made in my livelihood. So, it's no doubt it's worth $40 (and more).
However, when new members question … (43 comments)

Salt Lake Foreclosures & HUD Homes to $300,000 - 12:38 PM
  Looking For Salt Lake Foreclosures & HUD Homes to $300,000 in price? Check these out!
One Bank Foreclosure is a 4 bedroom 4 bath East side Foreclosed Tri level w/ a mother in law space downstairs finished with a kitchen. Even for a Foreclosed home in Sandy UT , the $85.00 a finished SQFT is a great deal.
Or you can take a look at this 4 bedroom 3 bath HUD Home in Draper UT. It's located in Parry Farms, and worth a drive by if you are serious about buying a Foreclosed Home in Salt Lake County.
This is … (0 comments)

HUD Bank Foreclosed Homes in Bluffdale UT - 12:41 PM
  This week we are featuring a couple if HUD Bank Foreclosed Homes in Bluffdale UT. Both homes have some very compelling features, and if you are looking to buy a foreclosure in the Salt Lake area for around $300,000 you might want to give these 2 a look. The 4 bedroom 3 bath home in Parry Farms has a contract under negotiation but you know how these things go nowadays. Go see it and if you are interested we can submit a back up offer in case the sale falls through.
The 7 bedroom Horse Property in Bluffdale is a … (0 comments)

Tell Me More About This Home in The Harvard /Yale Area of Salt Lake City - 12:45 PM
   
XXXX thanks for your post.
 
 
 
The 4 bedroom 3 bath home you asked about @ 1166 East Gilmer in the Harvard/Yale area of Salt Lake City does not have photos posted yet, but I have asked our associate in that area, Travis Straw to make sure that as soon as they are available they will be sent to you.
 
 
 
You may also guarantee that you will receive them by saving that listing as a "FAVORITE" on your site.
 
 
 
When you do that any changes to that listing will automatically … (0 comments)

5 Dangers of Social Media + How to Write a Blog Post that Nobody Will Read [infographic] - 09:18 AM
(click image to enlarge, then in new browser tab or window click again)
5 Dangers of Social Media: 
1. Becomes all consuming 2. Puffs up with pride (over numbers) 3. Spread too thin (over too many sites) 4. Offline responsibilities neglected 5. "Affairs" online turn into "affairs" offline (sometimes)
How to Write a Blog Post that Nobody Will Read: 
1. Use bland title 2. Include misspellings 3. Have no coherent point 4. Don't promote via social media 5. Pepper with curse words
You might also be interested in: My Social Media Mistake What If You Lost … (0 comments)

Evanston IL Real Estate Market Action Report May 2012 - 07:16 AM
Evanston’s April Property sales were 50, down -20.6% from 63 in April of 2011 and -2.0% lower than the 51 sales last month. April 2012 sales were at their lowest level compared to April of 2011 and 2010. April YTD sales of 187 are running 10.0% ahead of last year's year-to-date sales of 170.
 
The Median Sales Price in April was $239,000, down -12.1% from $272,000 in April of 2011 and down -21.6% from $305,000 last month. The Average Sales Price in April was $292,488, down -12.9% from $335,924 in April of 2011 and down -23.9% from $384,580 last … (0 comments)

Glencoe IL Real Estate Market Action Report May 2012 - 07:35 AM
Glencoe’s April Property sales were 11, down -21.4% from 14 in April of 2011 and 37.5% higher than the 8 sales last month. April 2012 sales were at a mid level compared to April of 2011 and 2010. April YTD sales of 35 are running -27.1% behind last year's year-to-date sales of 48.
 
The Median Sales Price in April was $766,500, down -1.1% from $775,000 in April of 2011 and down -21.1% from $972,000 last month. The Average Sales Price in April was $907,227, down -15.4% from $1,071,804 in April of 2011 and down -44.9% from $1,645,063 last month. … (0 comments)

Learn how to stop worrying forever in only 15 minutes a day! - 05:44 PM
Learn how to stop worrying forever in only 15 minutes a day!

Do you worry about a lot of stuff?  Do you know people who constantly worry?  Worrying is such a waste of time. How many times has it been said that 99% of what you worry about never comes true.  And if you kept track of all the worrying you've done over the years I'd bet that number would be pretty darn accurate. 

An agent called me today and was worried about this and worried about that.  Even after I told her there was absolutely no reason to worry … (104 comments)

A Surefire Screening Technique To Spot Ideal Clients - 05:14 PM
REALTORS and Stagers should not take all clients. There are optimum clients. We should NOT chase business with unreturned initial phone calls and emails either. To assist you in not wasting your time there is
A Surefire Screening Technique To Spot Ideal Clients.
And that is they or one of the two in a couple can effectively COMMUNICATE with you. You ask a question, they answer clearly, and answer at all. Even with the elderly who may not have email, they will say stop by the house.
 
 
Effective communication as an ABSOLUTE MINIMUM for an ideal candidate will save … (25 comments)

Brighton Farmers’ Market Opening May 5th! - 08:04 AM
Yep, it’s that time of year.  Crops, baked goods, jewelry, craft items, bedding plants - just a few of the things you’ll find at the Brighton Farmers’ Market.  It’s located in Downtown Brighton, in the Municipal lot off First Street, adjacent to the City Offices and the Imagination Station playground.
While it’s still early for a wide selection of crop goods, there’s always something interesting at the market, and you can always browse the downtown merchants and grab a bite to eat at one of the many restaurants.  There’s something for all price ranges and cuisines, so come on down. Kids … (0 comments)

New listing – 307 Chilson, Howell 48843 (Genoa Township, MI) - 08:37 AM
Great bungalow, great value!
This 2 bed 1 bath bungalow features 2 bedrooms on the main level. The dormer could be used as a (non-conforming) 3rd bedroom area, or it would be great for storage.  A 1 acre lot, home sits back from the road and features a one car attached garage (no opener, but electricity).  Foundation is a crawl, and this 1953-built home has some hardwood flooring, fresh paint/carpet/minor repairs and a new range and vent hood.
It is in move-in condition and affordably priced at $79,900. Disabled accessible with newer wheelchair ramp.
… (2 comments)

Helping those in the animal kingdom - 11:34 AM
As many of you know I have been helping a no kill ferret shelter for the past 14 years by being Santa at Santa Paws, being the DJ for their annual fundraiser “Wessels Dancing in the Park” and in any other way I can help them.
Recently while at one of my networking events I was talking to one of my friends and the subject of his mom came up. Well, it seems she runs and animal shelter as well and well unlike ferrets that do eat a lot for their size, they certainly don’t have an appetite like these beautiful … (8 comments)

FREE PAINT ON SATURDAY!! - 04:44 AM
Yes Irene..that's what I said! Free paint on Saturday!
Who says there is no such thing as a free lunch paint anymore. 
All day Saturday at your local ACE HARDWARE store they are giving away a quart of free paint to introduce a new premium paint found exclusively at ACE called Clark+Kensington. 
Only a quart you say?? Hey...if you are picking out paint colors for a new room you need a quart to test it out on various walls so this is perfect.  
Or if you are like me and have been putting off painting an ugly pine bookshelf you … (14 comments)

Back to School! Your Raleigh, Cary, Apex Area Real Estate Agent Will Be in Continuing Education Today... - 04:08 AM
Back to School! Your Raleigh, Cary, Apex Area Real Estate Agent Will Be in Continuing Education Today...
Here in North Carolina, and many states throughout the United States, Real Estate agents are required to take mandatory continuing education classes. While many agents just take the minimum required courses, I have always had a thirst for knowledge, and often take more than what is required. I've always been a firm believer that the more you know, the better you can be. So, my phone will be off for a few hours as I'm going back to school! If you have any questions … (19 comments)

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