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foreclosures: Starting Up With Short Sales! - 09/10/09 07:27 AM
Recently receiving my CDPE designation, I'm a little nervous to start advertising to list short sales. I have studied, read short-sale posts and articles, studied our local market for short-sales, and really want to help homeowners avoid foreclosure.
As a listing agent for HUD, I have tons of buyers looking deals on a new home. Of course, in this market everyone wants a deal and ridiculously low offers are abundant.
Believe it or not, one of my fears is once my advertisement hits the local papers and internet that I will be totally overwhelmed with calls to list homes. Of course, … (4 comments)
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foreclosures: Don't Underestimate The Buyers You Meet At A HUD Owned Property! - 06/03/09 12:53 PM
HUD-HUD-HUD, seems like I have been living, eating and breathing HUD owned properties for the last 9 months! They have served me well though, keeping me going during the lean months of the winter and through the horrors of the housing market. All in all, I have met some very solid buyers that are not only looking for deals on HUD or foreclosed properties, but some have mentioned purchasing land or farms for future investment. Selling farms is what I love doing! I get to wear my jeans and boots, walk or 4-wheel over acres of farm land and enjoy the great … (3 comments)
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foreclosures: The ABC's Of Selling HUD Owned Properties - 03/13/09 10:06 PM
On February 7th I blogged about HUD and what it actually was and how to go about selling HUD owned properties. Since that blog I have learned even more with every HUD deal I am involved with. The last offer was almost lost because of the wording in the preapproval letter. The bank had to revise three times. Once because their address was not on the letterhead, next time because their phone number was missing. When I finally think it is going to go through, I have to get the bank to change their verbage. The original letter basically said there … (6 comments)
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foreclosures: Success With Selling HUD Owned Properties - 02/07/09 09:23 PM
HUD, do you know what it stands for? If you do, then you probably have been involved in the sale of a HUD owned property. If not, it stands for Housing and Urban Development. HUD's mission is to increase home ownership, support community development, and increase access to affordable housing free from discrimination. To fulfill this mission, HUD will embrace high standards of ethics, management and accountability and forge new partnerships--particularly with faith-based and community organizations--that leverages resources and improve HUD's ability to be effective on the community level.
How do you buy a HUD Home? First thing is to work with … (3 comments)
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foreclosures: The Key Just Doesn't Fit! - 01/17/09 10:59 PM
Last Saturday I pulled in the driveway of a foreclosure to preview for a client. There was an SUV in the driveway and when I got out of my truck they also go out. I asked if they were there to show the house or meet with a Realtor. He said no, but that the listing Realtor had given him the lockbox code but he couldn't get it to open. (In my opinion giving someone other than a Realtor, appraiser, or home inspector a lockbox code is a NO NO!) I told him and his wife that they could come in … (2 comments)
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foreclosures: Distressed Property Designation--To Do Or Not To Do Is The Question???? - 01/08/09 02:47 PM
I have been researching the possibility of taking a Distressed Property Designation course, since all I have been showing and selling have been foreclosures. My broker has teamed with another Exit office in listing HUD foreclosures so I have been picking up some decent buyers looking for a deal. The buyers have been a mix of investors and owner/occupants.
The course I am looking at is offered by CDPE and I have read some good reviews through RealTown.com. The question is, will it help me through the negotiation process of foreclosures and short-sales? Seems that each one is different depending on … (0 comments)
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Melinda Earlywine
Lawrenceburg,
KY
More about me…
Century 21 Commonwealth RE
Address: 1004 Dewey Dr, Suite B, Lawrenceburg, KY, 40342
Office Phone: (502) 859-2125
Cell Phone: (502) 680-6634
Email Me
Lawrenceburg KY, 40342, KY foreclosures, HUD homes, Central Kentucky
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