Let's Look for the Silver Lining, and Quit Talking About the Dark Clouds - 10/23/08 12:00 PM
There is so much negativity about the real estate market, locally, regionally, and nationally.  Yes, it is true that home values have dropped markedly.  Yes, it's also true that many, many homeowners face the threat of foreclosure.  It clearly isn't the best of times we have ever seen.  But it's also true that the real estate market is cyclical, that home prices had inflated beyond all logic and reason, and that this situation is an inevitable correction in the market.  Yes, there are many problems, and it is not my intention to dismiss those problems, or make light of them.  But … (1 comments)

Help Keep Owners in Their Homes if at all Possible - 10/06/08 07:23 PM
It's my belief that the very best outcome would be to keep homeowners in their homes, whether that's through loan modifications, short refinance, or some other workout plan. But many of these homeowners are facing chronic, long term hardships that make modifications virtually impossible. If homeowners in arrears can demonstrate that the hardship they are facing is acute, and of a limited duration, then (in my opinion) we as realtors have a certain obligation to assist homeowners with the task of staying in their homes. Short sales should be a last resort.
I know that lenders and loan servicers are working … (0 comments)

 
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Chuck Gollay

Traverse City, MI

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Exit Realty Paramount

Address: 803 W Front St., Traverse City, MI, 49684

Office Phone: (231) 946-4404 x 104

Cell Phone: (231) 409-0758

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