short sale: Help me and a customer on the tax implications of a short sale vs. foreclosure - 11/07/08 07:08 AM
I do a great many short sales in my area, an unfortunate result of the economic situation. I am aware of the Mortgage Debt Forgiveness Act http://www.irs.gov/individuals/article/0,,id=179414,00.html
I know I am not a lawyer or a tax specialist and never advise clients on the possible ramifications, I advise them to seek … (1 comments)
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short sale: Don't Become One of These Numbers - 07/30/08 07:18 AM
Below is an article I have copied from today's Banker and Tradesman Alert. Our market as you know is in crisis....but you do NOT have to destroy your credit and your pride with a foreclosure!
Call me to see if your situation qualifies for a Short Sale.
There is absolutely no … (0 comments)
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short sale: What EXACTLY IS your job as a Buyers Agent??? - 05/04/08 04:22 PM
Several days ago I posted a blog regarding short sales and the fact of advertising it in MLS. In my area we are required to notify prospective buyers and their agents about a home being a short sale. Why???? An agent has the right and the obligation to know and disclose … (3 comments)
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short sale: Our single office is in the top 1% Nationally by RIS Media - 04/30/08 07:03 AM
I just wanted to take a moment and let people know just how strong the office I am affiliated with is! This is also a statement to show how skilled, competent, and aggressive the agents affiliated with this office are!!RIS Media's Power Broker Report named Keller Williams Realty Easton, MA as … (6 comments)
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short sale: A nice custom home that is NOT a short sale!!!! - 04/28/08 06:49 AM
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short sale: The seller is broke - FIRE SALE!!! - 04/27/08 05:12 PM
Why do short sales get "advertised" in MLS? I understand that the buyer needs to be notified of the situation prior to an offer, but putting the remark in MLS is like placing a scarlet letter on the home and the seller. The "subject to 3rd party approval" comment is screaming … (8 comments)
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short sale: Is a bad mortgage or buying "high" the only cause for foreclosures?? - 04/27/08 03:01 PM
March finished out to have over 3,000 homes foreclosed upon. This is more than what was forecasted and one of the highest numbers seen in several decades.
Petitions to foreclose have also seen a more than 150% increase since the same time last year. Scary news!!
The homeowners I have been meeting with … (1 comments)
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short sale: BERKLEY - MARKET REPORT MARCH 2008 - 04/12/08 11:34 AM
Berkley, MATotal Market Report is provided to give you an overall picture of the current market conditions.The following report is for single family homes sold in Berkley from March 1, 2008- March 31,2008.Single Family HomesNumber of Homes on Market 48 (UP 2 since last report)Average Days on the Market 147Number of Homes U.A.G 7Average Price of U.A.G. … (0 comments)
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short sale: Homes Sales and prices dropping at staggering rates - 03/26/08 06:53 AM
This chart recently released from Banker and Tradesman clearly shows the decrease in the number of sales from last year to this year. On average in the state sale prices have dropped 9% since the same time last year, locally we have seen more of a 13% - 15% decrease.The price … (1 comments)
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short sale: BERKLEY - MARKET REPORT FEBRUARY 2008 - 03/07/08 05:27 PM
Berkley, MATotal Market Report is provided to give you an overall picture of the current market conditions.The following report is for single family homes sold in Berkley from February 1, 2008- February 29,2008.Single Family HomesNumber of Homes on Market 46 (UP 4 since last report)Average Days on the Market 143Number of Homes U.A.G 1Average Price of U.A.G. … (0 comments)
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short sale: 100% Increase in Foreclosures in Bristol County - 02/27/08 12:08 PM
According to Banker and Tradesman there was a 100% increase in the amount of foreclosures in Bristol County in January 2008 in comparison to January 2007. The foreclosures place a tremendous downward pressure on home prices.
SOLUTION......if you know of anyone who is in a situation where they may be facing foreclosure … (0 comments)
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short sale: The Berkley / Dighton Bridge - 01/21/08 07:06 AM
Again, the condition of this decomposed ,dysfunctional bridge made the newspaper. Talk - Talk - Talk that's what the 2 Towns Board Members keep doing....
When are they going to take some action????
I have read and have been told more times than I can actually count how bad off and dangerous that … (0 comments)
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short sale: North New Bedford New to the Market - 01/21/08 05:59 AM
… (1 comments)
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short sale: BERKLEY - MARKET REPORT JANAUARY 2008 - 01/21/08 05:30 AM
Berkley, MATotal Market Report is provided to give you an overall picture of the current market conditions.The following report is for single family homes sold in Berkley from December 1, 2007- December 31,2007.Single Family HomesNumber of Homes on Market 38 (Down 4 since last report)Average Days on the Market 160Number of Homes U.A.G 3Average Price of … (0 comments)
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short sale: The dreams we create - 01/04/08 11:25 PM
I have been selling real estate for 13 years. That is a lifetime in the real estate world. In this line of work you meet a lot of "Here for the money" people and you meet a lot of "lifers" But you seldom meet a lot of "I love what I … (3 comments)
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short sale: Debt Forgiveness Law FINALLY passed - 12/28/07 06:08 AM
Right before congress and the president closed shop for the season a very important piece of legislation got signed. The Mortgage Forgiveness Debt Relief Act has been signed into law!! I am inserting the artice from N.A.R. (National Association of Realtors) exactly as I received it:Statement on President Bush's Signing of … (0 comments)
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short sale: Think Short Sale NOT Foreclosure - 10/24/07 02:59 PM
As everyone knows the real estate and mortgage industry has been in trouble over the past few years. Thousands of families find themselves in financial trouble due to drastic rate increases in adjustable rate or interest only mortgages coupled with home prices that have been steadily declining. Most people failed to … (2 comments)
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