Huntington Short Sale - 10/29/09 09:15 PM
Short Sales... most professionals have mixed feelings at best.
In a period of 109 days we listed, got an approval on the short sale, and closed the deal. I have to say that some of the stories and info on ActiveRain regarding short sales has become the norm... long delays, no communication, frustration. Which at many times is the norm with any distressed sale. This recent transaction with Huntington went wonderfully though!
The seller came to us from a lead on ActiveRain. They had everything in order regarding their info, proper forms, and a contact at the bank. They were truly … (0 comments)

The DOW at 10,000, how has it impacted interest rates? - 10/15/09 08:44 PM
Well, at 1:21pm yesterday, the Dow reached 10,000 for the first time since October 7th of last year. What a long year it has been for so many in our industry.
I remember the day back in 1999 on March 3rd when the market first reached that mark of 10,000. It was almost a new horizon for the folks in the financial business. Reaching the mark this time seems to signal that the confidence we are seeing in our local market is being seen nationally.
After taking a look at local lending institutions, I found that even with the gains being … (0 comments)

 
Hagan003

MARK HAGAN

Traverse City, MI

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Coldwell Banker Schmidt Realtors

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