Real estate blog entries tagged with real estate by Brian Schulman - Your Lancaster County, PA Real Estate Professional (Coldwell Banker Select Professionals, Lancaster PA)

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real estate: How Do I Buy a HUD Repossessed Home in Lancaster County PA? - 08/06/08 03:32 PM

The Federal Housing Administration (FHA) insures mortgage lenders who make FHA loans. The FHA is part of Housing and Urban Development (HUD).
What happens when a homeowner defaults on an FHA mortgage? The home, after going through a foreclosure procedure, reverts to HUD, where it will eventually be resold.
How do … (9 comments)

real estate: Coldwell Banker Select Professionals Throws a Company Picnic - 07/27/08 01:39 PM

Coldwell Banker Select Professionals, the fastest growing real estate company in Lancaster County, PA, held its annual picnic Saturday, July 26.

                     Approximately 120 people were expected, including spouses and children.

      A beautiful rural backdrop was complemented by beautiful summer weather and a slight breeze!

                                            The … (16 comments)

real estate: We're 100,000 Real Estate Blogging Professionals Strong! - 07/26/08 11:40 AM

Imagine a place where you could go daily to find the finest, most up-to-date real estate opinions and information. A place where 100,000 of the best, most knowledgeable REALTORS, mortgage lenders, home stagers, virtual assistants, home inspectors, appraisers, title agents and more, share FREELY of their advice and secrets.
Of course, you … (8 comments)

real estate: Brian Schulman Joins a New Office - All Due to Blogging! - 07/25/08 11:41 AM

Over a year ago, I started noticing some excellent photographs being posted on localism.com for various towns and boroughs in Lancaster County, PA. Since I was posting numerous photos myself, I soon became familiar with the professional quality photography of Jeff Geoghan.
It turned out that Jeff had taken notice of … (19 comments)

real estate: First ActiveRain Member in PA to Reach 200,000 Points! - 07/14/08 08:23 AM

Last night when I went to bed after blogging, my cumulative points on ActiveRain totalled 199,993. Close, but no cigar. This morning when I logged on, your comments had put me over the top! At a milestone like 200,000 blogging points, it seems like a good time to reflect on the … (42 comments)

real estate: "Dear Brian, Thanks For Your Great Service, BUT..." - 07/03/08 07:01 PM

It makes me think of the old "Peanuts" comic strip where Lucy tells Charley Brown to kick the football. then pulls it away at the last second, causing poor Charley Brown to kick nothing but air and fall on his back!
We spend weeks or months showing properties to a prospective … (79 comments)

real estate: Should I Sign a Buyer Agency Agreement? - 07/03/08 02:53 PM

If you are a real estate buyer in Pennsylvania, eventually you will probably come face to face with a REALTOR. You may be confused by the papers that are put in front of you and that you are asked to sign.
Many buyers that I speak with have been to see … (8 comments)

real estate: Sellers - Disclose Everything! - 06/24/08 06:11 PM

In Pennsylvania there is a Seller Disclosure law that requires sellers to provide prospective buyers with fairly extensive information about the home they are selling. Among the types of information required:
How long you have owned the properrty
Whether you live in the property
Whether pets have lived in the property
… (7 comments)

real estate: What Really Motivates Buyers? - 06/22/08 01:09 PM

In a previous post, I wrote about sellers who inadvertently blew their chances for a sale by following showing agents and their buyers around the home. In this post I want to discuss what really motivates buyers, and how you as a seller can make the most of it.
Too many sellers, … (22 comments)

real estate: How One Seller Blew a Sale - 06/19/08 07:27 PM

Here's a true story of how a "helpful" seller lost a serious buyer because they didn't leave me alone to do my job!
I was showing a nice 1950s vintage ranch house to my buyers. The house was in good condition, with an average size rear yard. However, behind the house, … (23 comments)

real estate: Open House "Tire Kickers" - 06/08/08 10:00 AM

I haven't been a big proponent of open houses for a long time. It seems to me that open houses have become less and less effective as a marketing tool.
However, when I did do open houses - and for a while I used to hold open houses fifty Sundays a … (23 comments)

real estate: Sellers: Please Keep Your Utilities On! - 06/04/08 06:25 PM

Have you ever looked at a home for sale that was unbearably hot because it had been locked up over the summer with no ventilation or air conditionng?
Have you ever tried to go into the basement of an investment property only to find that it was pitch black and no … (13 comments)

real estate: Is Carpeting Investment Properties a Good Idea? - 06/03/08 09:56 AM

Is carpeting your investment properties a good idea? There really isn't one answer that covers all situations. There's no question, though, that tenant abuse and damage to carpets exceeds all other costs to landlords, and is a major factor in whether landlords realize a profit or a loss over the years.
… (10 comments)

real estate: Serving as "Dutch Uncle" for First Time Home Buyers - 06/02/08 07:54 PM

Years ago when I was a young sales engineer for an energy corporation, there was an older engineer who had a great "bedside manner" with both our corporate customers and the newer sales people. When problems arose, he would come out from the regional office to our areas, and counsel us as to … (6 comments)

real estate: Lancaster County, PA Home Sales Price Update - 05/30/08 04:28 PM

For a long time Lancaster County, PA home sales had been slowing, but with increased median prices. However, for the latest available report from the Lancaster County Association of REALTORS, the average sales price in April was $181,510, down 8.9% from the average price of $199,250 in April 2007.
In addition … (4 comments)

real estate: Mortgage Insurance Underwriting Change - 05/30/08 02:38 PM

Mortgage insurance will be harder to get after June 1, 2008, now that MGIC, the Mortgage Guarantee Insurance Corporation, will stop insuring certain classes of loans.
Underwriting changes mean that the following classes of applications will no longer be eligible for mortgage insurance after June 1:
Reduced Documentation/No Documentation loans
Investment properties
Cash-out … (0 comments)

real estate: Be Aware of "Buyers Remorse" - 05/22/08 06:27 PM

Purchasing a home, especially for the first time, is an exciting experience - but it can be stressful, too! Buyers often worry that they will make the wrong choice of houses, or that they will pay too much, or that something will be wrong with the house that they don't … (11 comments)

real estate: I Don't "Sell" Houses - 05/20/08 04:47 PM

Don't misunderstand me! I come from a sales background, and I believe that honest sales is a noble, useful and necessary profession.
Having said that, buying or selling a home is one of the most complex transactions that most individuals get involved with. It's not comparable to a barker selling the … (12 comments)

real estate: "How Much Will the Sellers Take?" - 05/19/08 06:17 PM

Periodically I get this question from buyers: "How much do you think the sellers will take for this house?"
It's a legitimate question, but not one that necessarily can be answered precisely by a REALTOR.
The short, flip answer is: "Well, the seller has already made public that they will accept the … (6 comments)

real estate: Historic Log House Update - 05/14/08 08:11 PM

On March 19 I wrote a blog about an eighteenth century log cabin in Lancaster, PA that had been slated for demolition, but was now to be dismantled and preserved on another site.
If there is any doubt about the exposure that Active Rain blogs get, this should put it to … (16 comments)

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