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home seller: 4 Reasons to Sell NOW!! - 02/17/10 10:15 AM
4 Reasons to Sell Now
Selling a property in this tough market can seem like a challenge. Here are four factors that actually make this a good time to post a For-Sale sign.1. Sell low and buy low. Because all property values are down, the sellers' loss on a property is really only a paper loss because the next property they buy also will be a bargain. If they buy smartly, when prices come back up in a few years, they'll be in better shape.2. Down-payment help is widely available. While nothing-down loans have disappeared, it is easy to find down-payment … (0 comments)

home seller: Navigating Short Sales! - 12/15/09 05:24 PM
Greg Olson, REMAX Suburban
You  Have Options!!
  
Navigating Short Sales: What to Do When the Sale Price Leaves You ShortIf you're thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won't cover your total mortgage obligation and closing costs, and you don't have other sources of money to cover the deficiency. A short sale is different from a foreclosure, which is when your … (2 comments)

home seller: Navigating Short Sales! - 12/01/09 11:34 AM
Greg Olson, REMAX Suburban
  
Navigating Short Sales: What to Do When the Sale Price Leaves You ShortIf you're thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won't cover your total mortgage obligation and closing costs, and you don't have other sources of money to cover the deficiency. A short sale is different from a foreclosure, which is when your lender takes title … (2 comments)

home seller: HOT NEWS---IT'S DONE, THE TAX CREDIT EXTENSION HAS BEEN SIGNED INTO LAW & THE ADDITION INCLUDES A REDUCED CREDIT FOR EXISTING HOME OWNERS - 11/06/09 04:28 PM
Clocks 'Fall Forward' for Homebuyers, as President Obama Signs Off on Extension of First-Time Homebuyers Tax CreditNovember 06, 2009: 11:52 AM ETPARSIPPANY, N.J., Nov. 6 /PRNewswire-FirstCall/ -- Following months of speculation and Congressional debate, President Obama today signed the "Worker, Homeownership and Business Assistance Act of 2009" into law, extending the popular First-Time Homebuyer tax credit originally scheduled to expire on December 1, 2009. This new legislation offers those in the process of buying a home more time to take advantage of this significant tax benefit, allowing them to claim the credit if they close on a first-time home purchase by … (1 comments)

home seller: Basic Definition of a Short Sale! - 10/20/09 09:15 AM
Here is your basic definition of a short sale.  I have realized in recent months that most of my clients have no idea what a short sale is!  I have a great (but rather extensive document) that explains in detail exactly what a short sale is.  Knowledge is the king and I am finding that in my businees most of my buyers once informed are staying away from these...the timing (or complete lack of any timeframe) just doesn't seem to work for my buyers!!
"A short sale is a situation in which the real estate seller owes more money on the … (0 comments)

home seller: Overpriced Listings - Worth it?? - 10/13/09 04:30 PM
I was always under the impression that honesty is the best policy.  But what I am seeing in today's real estate market with respect to listings that just doesn't seem to be the case.  When I perform a comprehensive CMA for a client I go through great extremes to make sure the information I provide them is complete and accurate.  Inevitably there is a price "range" in which the home should be listed in order to be sold.  Seems simple enough, but I have noticed in not getting these listings there is usually one deciding factor.  The agents getting the listing are … (2 comments)

home seller: Home Buyer's Tax Credit Changes Possible - 10/02/09 09:03 AM
Home Buyer's Tax Credit Changes Possible
 The first major change to the $8,000 home buyer's tax credit began moving through Congress the last week of September, giving hope to real estate and building groups pushing for extension of the entire program before it expires November 30, 2009.
House Ways and Means Committee chairman, Congressman Charles Rangel, a New York Democrat, combined several smaller bills into the "Service Members Home Ownership Act of 2009", with a floor vote expected soon.
The bill is intended to correct a flaw in the original tax credit legislation: By requiring buyers to occupy and own their … (1 comments)

home seller: $8,000 Tax Credit Still Available!! - 09/07/09 12:04 PM
Less than 90 days left to get your first time buyers tax credit.  Must close by November 30th!  Visit my website or give me a call on my cell at 847-977-7024 for details!!!
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home seller: July Newsletter - 08/03/09 01:23 PM
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home seller: Gardening Tip - 08/03/09 01:20 PM
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Gregory Olson

Streamwood, IL

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REMAX Suburban

Office Phone: (847) 577-9797

Cell Phone: (847) 977-7024

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