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henderson county tn real estate: Short Sales - Dealing with a Second Lien Holder (Bedrock Style) - 05/01/12 09:55 PM
Great post. The second lien holder can be, and often does stop the sale. It is very frustrating when this is missed and the first lienholder refuses to offer anything to the second lienholder.
Short sales.......make you want to leave the business!!!!
RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376
Linda Lipscomb 731-695-1118 LindaLipscomb.com
Via Melissa Zavala Realtor® North San Diego County Homes (Broadpoint Properties):
Negotiating with second lien holders has long been a hot topic on the Short Sale Expeditor® website. Most recently, two agents asked the following questions about second lien holders and short sales.
Why … (3 comments)
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henderson county tn real estate: Should you sell now or wait for your house to regain value? - 04/08/12 11:04 AM
If you sell and buy in the same market, it should be a wash.
Families are tired of putting their lives on hold, waiting for the right market to buy or sell. Who knows how long it will be before your home regains its lost value. But one thing is for certain, the interest rates can't possibly remain as low as they are right now. So buy now!!!!
RE/MAX Unlimited 10850 Highway 412 West Lexington, Tn. 731-249-5376
Linda Lipscomb 731-695-1118 LindaLipscomb.com
Via Judy Chapman (Koenig & Strey Real Living):
Should you sell now or wait for your house to regain … (2 comments)
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henderson county tn real estate: You Wanted To Lowball The Sellers. Don't Be Upset That You Didn't Get The House. - 03/21/12 09:41 PM
It seems in today's market, most of the offers are low-ball. Some buyers will make offers on
several before getting one accepted. Only after losing their favorite home and their second
choice do they seemed determined not to lose their third choice.
RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376
Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
Via Eric Michael, CDPE -Real Estate & Short Sale Professional 734.564.1519 (Remerica Integrity, Realtors®, Northville, MI):
You Wanted To Low-ball The Sellers. Don't Be Upset That You Didn't Get The House.
You've spent countless hours over many nights searching for properties on the Internet.
Finally, … (4 comments)
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henderson county tn real estate: Lexington Tn - Commercial Real Estate - 02/23/12 10:18 PM
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henderson county tn real estate: Lexington Homes - 566 Timber Ridge - Lexington, TN. - 02/23/12 10:14 PM
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henderson county tn real estate: It's a Price War and a Beauty Contest - 02/16/12 09:46 PM
Great blog and wow is it the truth. One thing is for sure, you have to win one of these contest.
RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376
Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
Via Tom Branch | Broker, CDPE, SFR, ACRE | Plano TX Ambassador | 214-227-6626 (RE/MAX Dallas Suburbs):
If your home is listed or you are thinking about listing, you need to realize that selling in today's market is a price war and a beauty contest. Even worse is that you often have to win both!
In many areas there are far more homes available than there … (0 comments)
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henderson county tn real estate: 107 Elston Lane - Lexington, TN. 38351 - 01/26/12 12:15 AM
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henderson county tn real estate: How Much Will The Seller Take? What do you do when the comps don't support the asking price? - 10/30/11 10:52 PM
As Realtors, most often, we do not know what the seller will take. They may have told their listing agent at time of listing contract, but things change, circumstances change, financial situations change, and so many other personal factors could impact a sellers decision on any given day. Great blog Pam. Enjoyed reading and you made some very good points.
RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376
Linda Lipscomb 731-695-1118 LindaLipscomb.com
Via Lee & Pamela St. Peter Raleigh Realtors® Raleigh North Carolina Homes for sale (Prudential YSU Realty - (919) 645-2522 ):
How Much Will The Seller Take?
It is … (2 comments)
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henderson county tn real estate: 299 Cheyenne Circle - Lexington TN. - 10/30/11 09:49 PM
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henderson county tn real estate: Why do Underwriters feel the need to play GOD? - 10/20/11 11:55 PM
Never have I seen more ridiculous requests from the underwriters!!!
Great post and I think most of our buyers are getting so frustrated with the process.
RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376
Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
Via Ellie McIntire Real Estate in Howard County Maryland (The McIntire Team ):
What is becoming painfully obvious is that some Underwriters seemed to have developed a God Complex. They are more than aware that the fate of a loan lies in their hands and they, in my lowly opinion, are asking for more insignificant information just to make … (3 comments)
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henderson county tn real estate: USDA loan monthly mortgage insurance is coming! - 09/14/11 12:25 AM
It's great to see the 3.5% RD funding fee decrease to 2%. This is a great 100% financing program and is very popular in our area.
RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376
Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
Via Brian Mayer USDA Loans | FHA Loans in Maryland (Envoy Mortgage 100% Financing Rural Development Loans):
USDA loan monthly mortgage insurance Get ready for some upcoming changes to USDA mortgages. They are for the first time incorporating monthly mortgage insurance and its going to have an effect on how much you can borrow. The bad news is that your payment will … (0 comments)
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henderson county tn real estate: 127 Scott Street - Lexington TN - 09/03/11 07:34 PM
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henderson county tn real estate: Would you go grocery shopping if you didn't have any money? - 08/27/11 11:36 AM
Love this!! What a great way to explain to buyers the need to get their financing in order before they start looking at homes.
RE/MAX Unlimited 10850 Highwy 412 West Lexington, Tn. 731-249-5376
Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
Via Judi Barrett~Integrity Real Estate Services~Idabel, Oklahoma:
Would you go grocery shopping if you didn't have any money? I would feel so foolish if I went into the grocery store, got a shopping cart, and starting looking through the aisles... gathering up food that I like, for buying consideration if I didn't have any money. Maybe I had brought a friend along that … (3 comments)
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henderson county tn real estate: The "Big Six" Home Selling Factors - 08/07/11 08:15 PM
These six factors are so accurate. Great blog on identifiying, the impact of each, and who controls.
RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376
Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
Prince William County
Karen Kruschka's Web Site
Popular Prince William County subdivisions to consider are Eagles Pointe, Wellington, River Falls, Saratoga Hunt, Winding Creek, Lake Ridge, Westridge, Old Bridge Estates, Brittany, Montclair, Ashland, Port Potomac, Potomac Club, Rollingwood Village, Lake Terrapin, Lake Side and Meadowbrook Woods
Prince William County
Karen Kruschka's Web Site
Popular Prince William County subdivisions to consider are Eagles Pointe, Wellington, River Falls, … (0 comments)
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henderson county tn real estate: Help! My Credit Score Just Dropped! What Does this Mean? Or.....U.S. Loses its AAA Rating From S &P - What Does THIS Mean? - 08/06/11 10:47 PM
Know your credit score.
It's so important to your ability to borrow money.
RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376
Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
Via Louise Thaxton #6 in Nation for VA Loans 866-960-9115 VA FHA USDA Louisiana Loans (Fairway Independent Mortgage Corp Louisiana NMLS#2289):
More than once as a mortgage banker, I have had clients react with shock and disbelief when we share their credit score with them. "But I always pay my bills on time!" many will exclaim. To which we have to inform them the cold, hard truth - your credit score is determined by … (0 comments)
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henderson county tn real estate: Founder of For Sale By Owner Company Turns to REALTOR® for Help - 08/04/11 10:50 PM
Thanks for the update! That's interesting to know and a wonderful reminder of how hard it is to sell your own home, especially in this market.
RE/MAX Unlimited 10850 Hwy 412 West Lexington, TN. 731-249-5376
Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
Via Tim and Susan Fennell (The Legends of Real Estate, REALTORS®):
Founder of For Sale By Owner Company Turns to REALTOR® for Help
by TIM on AUGUST 4, 2011
From the files of stranger than fiction, the founder and former CEO of ForSalebyOwner.com, Colby Sambrotto, was unable to sell his OWN HOME so he turned to a REALTOR® to get the job done.
According … (3 comments)
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henderson county tn real estate: Sellers – What To Do With a Low-Ball Offer - 08/02/11 12:39 AM
Most offers in this market are taking far longer to negotiate. Mainly because the buyers are starting so very low. They keep watching those experts who say you can buy a nice home for $1000. Please, there are just not out there, at least in my area.
Great blog Karen!!!
RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376
Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
Via Karen Crowson, ABR, SRES, Livermore, CA (Alain Pinel Realtors, Livermore, CA):
Sellers – What To Do With a Low-Ball Offer
It’s difficult, but try your best not to be insulted by the offer.
I know it’s … (0 comments)
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henderson county tn real estate: Wells Fargo Short Sale....Not this One! - 07/17/11 08:38 PM
Wells Fargo instructs the sellers and their agent to just get an offer. They WILL work the short sale.
So, the sellers accept a fair offer. Just a few thousand less than the recent Wells Fargo appraisal.
Contract is sent to Wells Fargo for short sale approval.
I do believe that all short sale negotiators should be paid on commission. I have not found one that seemed to care about their asset or the work involved by all in getting the home to closing.
The short sale negotiator at Wells Fargo (and believe me I want to mention his stupid name) but won't, … (5 comments)
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henderson county tn real estate: Tighter Lending Standards Results in Increased Mortgage Loan Rejections - 06/25/11 06:51 PM
We are certainly seeing more loan rejections than approvals. It's tough out there. Sometime soon, hope we find a solution. What's it going to take to get the housing market on a recovery plan????
RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376
Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
Via Stephen Howell, Associate Broker, Annapolis, Maryland (Coldwell Banker Residential Brokerage):
Tighter Lending Standards Results in Increased Mortgage Loan Rejections
A Wall Street Journal article reports that tighter lending standards has resulted in increased mortgage loanrejections in 2010. According the authors, Nick Timiroas and Maurice Tamman, mortgage lenders declined
"In all, the nation's 10 largest … (5 comments)
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henderson county tn real estate: 635 West Pointe Drive - Lexington, TN. ---4 Bedrooms Plus Office on One Level! - 04/30/11 12:58 PM
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Linda Lipscomb Lexington TN Homes 731-695-1118
Lexington,
TN
More about me…
Linda Lipscomb RE/MAX Lexington Henderson County TN
Address: 10850 Highway 412 West, TN. License No. 00262480, Lexington, TN, 38351
Office Phone: (731) 249-5376
Cell Phone: (731) 695-1118
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