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home buyers: Last Week For Tax Credit: The Frantic Offers Are Flying, But What About A "Home"? - 04/28/10 09:33 PM
I am exhausted, happy, busy, but exhausted. I and my team are making ourselves available to first time home buyers whenever possible. They are looking high and low for a home...not necessarily the "right" home, but any home that will accept their offer. That's no way to choose a home.
A home is a place where you can find peace and tranquility, where you can escape from the outside world and relax. A home is a place where you will feel unconditionally loved and welcomed. It might have a garden, or a balcony, or a loft. It might be made of … (3 comments)

home buyers: "They Just Aren't That Into You".....Why Sellers Take Their Time Responding To Offers - 02/02/10 07:15 PM
Too many buyers....there are just too many. Too many short sales....they just don't really care. Too many bank-owneds...they are waiting for multiple offers to come in. Listing agents can afford to be picky, and they are. I remember when an offer would be greeted with excitement and great care...now? Sometimes they aren't even acknowledged for days, let alone responded to. All this is making it very difficult on the buyer's agent to keep their clients happy.
The media is bombarding the public with bad press about the housing market. They are not discussing the multiple offers, the bombardment of buyers, nor … (39 comments)

home buyers: Real Estate Roulette....Take The Vegas Out Of The Market - 01/16/10 11:02 AM
Real Estate should not be a calculated risk. It could be an investment or a family home, but it's not supposed to be a gamble. Isn't this what got us into this mess? For the past few years the United States Real Estate Market was one big poker game and all you needed to play was an IOU and a nice smile "I'm good for it....trust me."
Peruse the Internet, newspapers, financial news networks and so many discussions and blogs are about where the market is going, is now the bottom, will interest rates rise, will REOs show up, will the … (7 comments)

home buyers: Quick Success Story: The Best Closing Present I Give - 07/28/09 09:45 AM
I remember when we could spend time online or in the home department of Macy's shopping for pretty things to give as a closing present. Now? The market has changed so much that home buying is a stressful event. More like giving birth. By the time the close comes, the standard shower mat or personalized champagne bucket loses it's appeal.
With all the short sales, bank-owneds and as-is equity sellers.....the Home Warranty is no longer a fixed fact of the transaction. So I buy it as the closing gift. It's a pricey gift...and not a flashy one. But the benefits are … (8 comments)

home buyers: What Happened to the 30-Day Escrow? We Need to Treat Our Buyers Better! - 06/09/09 09:45 AM
It just can't be done! At least not in the current environment! I remember a few years ago having a buyer use a direct lender and closed in 3 1/2 weeks....start to finish. Now? There are pitfalls everywhere, not where we expect them either...here are my most recent ones:
1) Approved short sale with a qualified buyer. As we worked to get final loan approval, escrow decided NOT to order HOA docs until we removed loan contingency (they didn't want to incur costs). Escrow made this decision on their own. So we are now 8 days past the close date and … (8 comments)

home buyers: Psychotherealestateist (psychotherapist/real estate agent)‏ - 05/31/09 01:59 PM
This is my new title....according to one of my favorite buyers. Psychotherealestateist. Does this sound familiar? One thing that is often ignored in the current real estate environment is the extreme emotional stress our clients are under. Buyers and sellers of short sale homes are on edge about approval, buyers of bank owned homes worry about the condition of the home and sellers-with-equity hope they can sell at a decent price.
Real estate agents are called on to make sense of all this.....and help our clients understand what is going on, and what they can do.
How many times have we … (10 comments)

home buyers: Open Letter to Home Buyers - 03/20/09 06:40 PM
Dear Future Home Buyer,Wow...interesting times out there! Short sales, foreclosures, changing loan programs....it's so hard to know what to do. Is this the right time to buy? Or should you wait? Where should you go to find answers.If you are reading this, you already know there are many websites which are available to give you some insight. You can now find home listings, mortgage rates and even your credit report online. But what you still need to know is how to put all this information together to build a coherent plan of attack. A good buyer's agent can help you do … (5 comments)

 
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