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home buying: How are Sellers Doing It? - 05/22/12 01:55 PM
http://rismedia.com/2012-05-13/six-keys-to-selling-your-home-in-todays-market/?utm_medium=twitter&utm_source=twitterfeed
… (0 comments)

home buying: Home Buying is cheaper than Renting. - 03/21/12 03:24 PM
http://money.cnn.com/2012/03/21/real_estate/homes-buy-rent/index.htm?iid=HP_LN
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home buying: What Does Warren Buffet think about Buying a Home? - 01/31/12 04:17 PM
http://www.kcmblog.com/2012/01/30/what-does-warren-buffet-think-about-buying-a-home/
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home buying: Young Home Buyers will lead Housing Market Recovery - 03/21/11 06:07 PM
This according to the NAHB http://rismedia.com/2011-03-20/young-home-buyers-will-lead-housing-market-recovery-says-nahb/
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home buying: How many houses should one see before buying? - 12/03/10 04:46 PM
Hi Lesslile,
How many homes should I see before I make a decision and buy?  My friend says 45.
 
Hello Jerry,
On, November 17, 2010, RISMEDIA published a lot of information that indirectly answers your question.  Personally, I think 45 are too many although there are Realtors who disagree.  The Rismedia article stated that  "Five years ago, a serious buyer who was pre-approved for a mortgage loan typically spent three to four weeks looking for a home and usually visited 15-20 homes, and now many people tend to look much longer. Buyers have a hard time saying ‘yes.' One Chicago … (2 comments)

home buying: Shadow Inventory--What's the real number? - 11/05/10 10:49 AM
Please help.  I just received the below email and I'm wondering if anyone else can verify the number of properties in Shadow Inventory as being 7,000,000?  Do you think this is an accurate or good number, should it be more or less?
New figures released by  Fitch Ratings  put the industry's shadow inventory at 7 million homes. The agency defines the shadow supply of properties as loans that are delinquent, in foreclosure, or real-estate-owned (REO) by the servicer, and Fitch says based on recent liquidation trends, "it will take more than 40 months to clear this existing distressed inventory
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home buying: Are you ready to buy a home? - 12/11/09 01:06 PM
You can find out by asking yourself some questions.
 
Do I have a steady source of income (usually a job)?  Have I been employed on a regular basis for the last 2-3 years?  Is my current income reliable?
Do I have a good record of paying my bills?
Do I have few outstanding long-term debts, like car payments?
Do I have money saved for a down payment?
Do I have the ability to pay a mortgage every month, plus additional costs such as food, clothing, property taxes, insurance, maintenance, car, utilities, cell phone /cable, and a reserve?
If you answered … (0 comments)

 
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Lesslie Giacobbi

Villa Park, CA

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Seven Gables Real Estate

Address: 5481 E. Santa Ana Canyon Rd., Anaheim Hills, CA , 92807

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