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READ THIS Before Your Next Price Reduction Recommendation! - 10/22/11 09:19 AM
Jennifer, thank you for the thoughtful discussion of price reductions. Frankly, your questions are very good. Is there anything in our price range selling? and are homes in your recommended price range selling, are very good.
I am re blogging this so my 2 subscribers will benefit from your experience.
Via Jennifer Allan-Hagedorn, Author of Sell with Soul (Sell with Soul):
I have a friend who listed her house with one of the top agents in her area. They went on the market about two months ago, at the exact price the agent recommended and supported with his market analysis. Showings were … (4 comments)
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YOU ARE WARNED LAZY REO AGENT - 10/13/11 01:49 PM
What is up with all these deficient REO Listings? There are so many REO listings where the comments say, buyer to verify condo and HOA liens, buyer to verify room measurements, buyer to verify that these pictures match the house being sold etc.
How hard is it to google the HOA and get the information for the listing.
What about pictures. If the bank was on the ball, they would require 12 pictures. In this day and age with all the competition and all of the Internet resources how is it that the banks allow these deficient listings?
I see listing after listing … (0 comments)
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Three Lessons from the Housing Bubble - 10/12/11 10:31 AM
Dave, you are the Man.
I will re blog this with appropriate cudo's to the man who has viewed this and commented on it with such eloquence and aplomb. Thank you for the observations. (one thought, it wasn't just mortgages to buy homes.)
Look at the second mortgage, no closing fees, easy money they were pushing, and the credit card offers, zero interest for one year. It was a contest by the lenders to see who could give the most money away...and the borrowing public got hooked and took that easy money. The good thing is that a lot of … (0 comments)
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Discover How to build Tax-Free Wealth Webinar (how to invest in real estate in your IRA) - 10/11/11 12:30 PM
Discover How You Can Build Tax-Free WealthInvesting in Alternatives to the Market
Tired of seeing your projected retirement date fade into the distance with every bad turn of the stock market? Looking to take control of your financial future and to grow your portfolio by investing in something you know and understand?
Join me as I reveal how to build tax-free wealth on a free webinar on October 13 that will serve as your "ultimate beginner’s guide to self-directed IRAs."
Discover the many benefits of self-directed IRAs and how easy it is to get started – so you can immediately … (0 comments)
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New Credit Score from Corelogic Reveals more about Credit Risk - 10/10/11 07:38 PM
New credit score reveals more about credit risk
NEW YORK – Oct. 10, 2011 – CoreLogic announced a new credit score service, CoreScore, which will give lenders greater insight into a borrower’s outstanding debts and help to understand their credit worthiness. The new CoreScore credit report, which will be available to lenders and consumers, will include credit-risk information, as compliant with the Fair Credit Reporting Act.It will not replace current credit reports but aims instead to fill gaps in current credit score reports.The report will help “lenders mitigate risk by uncovering debt obligations, and increase new lending opportunities by identifying … (1 comments)
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Tricky HOA trys to Lure investors to buy their liens - 10/06/11 11:04 AM
As an investor friendly Realtor, one of my specialties is buying on the court house steps.
Here is a story of one going today.
The HOA is owed $17,000. The home has a first mortgage in foreclosure, $194,088 owed. The first mortgage is a 2008 case.
In this market we have seen investors fight over buying these liens. The theory here is they can rent out the houses for a period of time and get back their investment and a lot more. Many of them use attorneys to drag out the foreclosure. They rent the houses out month to month in a … (3 comments)
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The "Local Agent" Whose Office is 3000 Miles Away - 10/04/11 12:52 PM
Kirsten speaks well on this. Thank you for a great argument to use a local Realtor.
In Pasco County Florida you have settlement homes, that often are not disclosed. We have Chinese dry wall, though not much of it. And we have SWIFTMUD swales. These and other reasons are why you want an agent with local knowledge. These are not deal breakers but they give you a big price break, if you know about them.
Via Kirsten Lindquist - Realtor Sonoma Wine Country (Pacific Union International):
~ The "Local Agent" Whose Office is 3000 Miles Away ~
I'm not naming names here … (0 comments)
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Citizens Sink Hole News Sept 30, 2011 - 10/03/11 12:19 PM
TALLAHASSEE, Fla. – Sept. 30, 2011 – Effective tomorrow, Oct. 1, 2011, Citizens Property Insurance Corp. won’t automatically cover sinkhole damage through an insurance rider in certain high-risk areas without a pre-coverage sinkhole inspection. While the inspection is a new requirement for the state-owned property insurer, many private insurers already require sinkhole inspections.
The change applies to all new policies in the affected areas – both existing homeowners applying for first-time sinkhole coverage and people planning to buy a home. Homeowners who currently have sinkhole coverage through Citizens do not need to schedule an inspection.
The new rule is effective for … (1 comments)
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Randal Jenkins YOUR INVESTOR FRIENDLY REALTOR
New Port Richey,
FL
More about me…
Coldwell Banker F I Gray and Sons Residential, Inc.
Address: 6330 U S Highway 19, New Port Richey, Fl, 34652
Office Phone: (727) 495-2424
Cell Phone: (727) 409-4663
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