Real estate blog entries tagged with foreclosures by Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate

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foreclosures: 5 Reasons Why your Grand Rapids, Mi Home Did Not Sell Today! (Part 1) - 06/11/08 10:12 PM

Over the past couple of months over 2,000 homes have Sold in the Grand Rapids, Michigan area. If you're reading this post and you have NOT sold your home, you may be wondering WHY your home was not on the list.
While it's easy to blame the market or popular … (6 comments)

foreclosures: "Lola, I tell you...the guy looked like Mr. Santa Claus!" - 03/04/08 08:16 PM

I was in my office some time back when a call came in. The caller was frantic! As the words tumbled out, I slowly began to decipher what was being said. The voice on the other end was panicked as they described a most bizarre situation. These were my dear clients. We had … (24 comments)

foreclosures: Dirty Deeds...Who's Picking UP the Bill for the Clean-Up? - 01/08/08 08:03 PM

There's an interesting little scenario playing out in the courtroom these days. According to the Business Week article "Dirty Deeds", the defendants in the Buffalo City, NY courtroom are there because they are being cited about their failure to fix problems. Unsightly defects like peeling paint and broken windows as well as other troublesome repair issues stemming from vandalism to … (12 comments)

foreclosures: When You've Made a MESS...Clean It UP...Then Figure Out What NOT to Do! - 01/04/08 07:29 PM

When you consider the fact that a scant 18 ~ 24 months ago, many real estate agents in Grand Rapids, Michigan had never heard the term "Short Sale," it is remarkable that a Search of Listings Currently Active on the Grand Rapids Association of Realtor Multiple Listing Service has 1,217 homes … (2 comments)

foreclosures: Renting At Risk...An Unexpected Consequence of the Foreclosure Debacle! - 12/18/07 06:37 PM

The call came into our office as a referral. A former client was recommending us to assist her good friend who needed to purchase a home quickly! Now, who doesn't relish that kind of call? I contacted the individual who confirmed that she was indeed ready to buy a home right NOW. However, there were … (26 comments)

foreclosures: 3 Winning Strategies For Selling Your Home During the Foreclosure Crisis! - 12/08/07 11:04 PM

It's the sort of statement you never forget! My real estate coach, Dave was on the phone and we were talking about the valuation of property and the implications for providing proper counsel to real estate clients. Dave said....and I quote "Lola, you don't often find a Buyer with a Bucket Full … (30 comments)

foreclosures: Maximizing the Value of Specialization...Understanding Foreclosures & Short Sales (Part 2) - 11/27/07 10:24 PM

* This blog post is Part 2 of : Maximizing the Value of Specialization...Understanding Foreclosures & Short Sales. Refer to links below for other blog posts in this series about Effectively Marketing Your Real Estate Skills to Provide Value and Optimize Your Income.
There are many challenges associated with determining the viability of taking a … (17 comments)

foreclosures: Maximizing the Value of Specialization...Understanding Foreclosures & Short Sales - 11/27/07 10:22 PM

Earlier this month, an insightful discussion occurred within the comments of a blog post entitled "A Sure Fire Method to Rapidly Increase Your Income." The post opened with this statement about the reality which many in the real estate community are facing as we enter into the holiday season...
"As the holiday … (6 comments)

foreclosures: When the Pant Legs Are Two Different Sizes...Why A One Size Fits All Solution Won't Work! - 11/24/07 10:50 PM

What Was the Deal With That Turkey?
There must have been something about that Thanksgiving Turkey...The past 48 hours have spawned one of the most far reaching discussions that I've ever read on Activerain about the foreclosure crisis in different parts of the country. The value of this discussion is enormous...both from … (27 comments)

foreclosures: Puttin' Lipstick On a Corpse...The New Face of the American Dream. - 11/09/07 06:35 PM

I'm watching the ABC News Broadcast this evening. Once again, the topic of the grim condition of the housing market is front, prime and center. The locale being covered today is Cleveland, Ohio.
The camera pans across a neighborhood of vacant homes...yes, you read that right. An entire community of 1000 … (63 comments)

foreclosures: So, You Want A Great Deal on A Foreclosure...10 Power Tips for Success! - 03/13/07 10:00 PM

Our local market in Grand Rapids, Michigan has witnessed an unprecedented increase in homes going into foreclosure. This is not unlike many areas of the country.
If you're considering a purchase of a home that is in pre-foreclosure or in the redemption period during of a foreclosure it is important that … (10 comments)

foreclosures: The Tipping Point...When Poverty Moves to the "Burbs" - 02/15/07 06:59 PM

This past week, I was talking to a real estate broker about the Open House he had scheduled. After comparing notes about local market conditions, our discussion focused on an article that had been recently published in the Grand Rapids Press about sellers in Grand Rapids, Michigan renting their homes because they … (21 comments)

foreclosures: How to Avoid Being Tipped Over During the Housing Crisis - 02/15/07 05:40 PM

To read part 1 of The Tipping Point...When Poverty Moves to the Burbs...
In 2002, Malcolm Gladwell published a bestselling book, The Tipping Point: How Little Things Can Make a Big Difference. Gladwell's book popularized this term into a oft repeated cliche.
However, the original term was coined in the 1960's by a … (2 comments)

foreclosures: UnMasking the Face of a Foreclosure Crisis. - 01/26/07 11:25 AM

In Grand Rapids, the rates of foreclosures have increased dramatically over the past year. Kent County is averaging about 100 foreclosures a week right now. The crisis is a result of a number of factors including lay-offs in the furniture and auto industry over the past several years as well as more … (25 comments)

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