Fun Friday - 09/23/11 11:43 AM
I bet that when you watch this, you can't help but smile!  Have a great Friday!

http://www.youtube.com/watch?v=mUCRZzhbHH0
(1 comments)

Wellington REOs- How Does Your Home Turn Into An REO? - 09/17/11 10:23 PM
Whether it's Wellington, Florida or Wallingford, Pennsylvania, I thought this was an appropriate blog to assist others in understanding the options regarding foreclosures and short sales.
Via Nestor & Katerina Gasset Realtors® Wellington Florida Homes For Sale (International Properties and Investments, Inc.):
Wellington REOs - How Does Your Home Turn Into An REO? 
There are two ways in which a home in Wellington Florida becomes an REO. First, let's define what REO is. REO stands for Real Estate Owned. It is a real estate term meaning a Bank Owned Property. 
You can read a more in depth article about What Is A Wellington REO … (3 comments)

Distressed Properties Forecasted To Rise - 09/15/11 11:31 AM

 Two separate housing reports came out in the last week which discussed different challenges facing the current real estate market. The first was CoreLogic’s Negative Equity Report and the second was JP Morgan Chase’s Home Price Monitor. Each report delivered some difficult news. However, if you piece both reports together, we can see future challenges are in store for home values.
Negative Equity When a home’s current value is less than the existing mortgage on that home, the house is said to be in a ‘negative equity’ situation (other terms used to describe this situation are ‘underwater’ and ‘upside down’). … (1 comments)

Is it Time? - 09/06/11 10:28 AM

 
We are often asked “Is the time to sell my home?” The answer to that question is based on what your families’ goals are. If you don’t need or want to move for a few years it might make sense to wait for the housing industry to recover and prices to appreciate. However, if you wish to move within the next six to eighteen months, it is probably better to sell sooner rather than later. Here are five reasons why:
Your House Will Get More Exposure Now Than the Winter  Housing sales usually level off in the summer and … (0 comments)

 
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Mike Reyman, Delaware County Real Estate

Media, PA

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Prudential Fox & Roach Media

Address: 601 E. Baltimore Pike, Media, PA, 19063

Office Phone: (610) 892-5724

Cell Phone: (610) 731-6110

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