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"One Click Away" Financial Analysis Solution - 04/30/08 04:33 AM
We are pleased to announce a new feature included in our ResidentTeam website. The application eRealAnalyzerTM has been added to all listings being exported to eRealInvestor.com! "Analyze" buttons have been added to listings that are being exported to eRealInvestor.com, just below the "Tell Me More" button on the listing detail page. Learn more below... eRealInvestor's "one click away" financial analysis solution, eRealAnalyzerTM, enables prospective buyers to perform financial analysis without having to create a spreadsheet. eRealAnalyzerTM provides an intuitive, graphical interface that enables buyers, sellers, and real estate professionals to easily view different ownership scenarios, such as "live in," "rent," or "re-sell," (2 comments)
Submitting Your First Short Sale Offer - 04/30/08 04:14 AM
You have been marketing a home and you are trying to stop the foreclosure with a short sale. It is important that you price the home close to the payoff in the very beginning. The price needs to be adjusted about every other week downward until you get an offer. Remember that you are trying to get the bank to take less than the payoff, so they want to see that you have at leased tried to get the payoff before you start to drop the price. More and more lenders want to see the history of the listing prices. Now that (0 comments)
Kissimmee and Saint Cloud, Florida Bank Owned Properties On the Rise - 04/30/08 03:47 AM
Kissimmee and Saint Cloud, Florida Bank Owned Properties On the Rise. There are currently 277 active listings and 127 pending listings for a total of 404 bank owned properties on the market. Since January 1, 2008 there has been 105 bank owned properties sold. The majority were on the market less than 80 days. These homes are selling, and selling quickly. There are many great deals in Osceola County Florida. If you are ready to buy a home, don't wait, the deals are happening every day. Get yours today! For help finding these bank owned foreclosures, call Mark Horan "The Resident Chef" (0 comments)
Closing Day of a Real Estate Transaction - 04/30/08 01:15 AM
Closing Day of a Real Estate Transaction, is it a good day for surprises? How can surprises be eliminated. Simply with communication. Communication with the lender, the title company, the Realtors, and the buyer and seller. I have a closing in 11 hours. The surprises were yesterday, not today. I was on the phone all day. First with the lender and title company to get the settlement amount that the buyers needed to have in a bank check at closing. It turns out that the buyer's funds were in an out of state bank, no they can't write a check. The (6 comments)
Selling Your Home? Give it a Fighting Chance! - 04/30/08 12:20 AM
I was recently asked to market a home that had been neglected for years. I did the owner a great service by neglecting to list the home before it was ready. The interior was filthy and needed cleaning. The home owners past tenants were not good house keepers. We waited 3 weeks for the work to be completed. I feel that this is the best policy when it comes to marketing a home. The home deserves to shown looking its best. Most everything was done with sweat equity and a few gallons of paint. Time will tell, but I believe that (6 comments)
A Preliminary HUD when listing a Short Sale Is a Good Idea. - 04/29/08 10:43 PM
A Preliminary HUD when listing a Short Sale Is a Good Idea. I usually have my title company do a preliminary HUD 1 when I list a short sale. Just reticently, I am representing a buyer on a short sale. The negotiation has gone on for almost 4 months. We finally got an approval. While we were doing our home inspection, loan final approval, and appraisal, the listing agent calls and informs me that there is an additional $10,000 lien on the property and he now has to negotiate that. My client is now spending money, and this closing isn't for (12 comments)
Who is Representing You in Your Home Purchase. - 04/20/08 07:54 PM
Who do you have representing you in a home buying transaction? The most common situation is the home buyer using the listing agent's services.This is known as a transaction broker. In this representation the agent can assists both the seller and buyer. It is also possible for the buyer to ask another agent to assist in the purchase and represent their interests exclusively. This agency of a buyers agent is available at no cost to the home buyer. Any Real Estate agent can act as a buyer agent to help you find a home with your criteria in your price range. When (4 comments)
Why Do People Search the Web For Real Estate? - 04/20/08 01:16 PM
Why do people such as yourself, surf the web for Real Estate sites. To get information!!! You maybe just inquiring for a future move. That is great! Or you are ready and getting started. Our site is free! everyone loves free. We, The Resident Team are also Free. You see, the sellers pay the commission to sell their home and the listing agent splits it with the selling agent. The selling agent represents the buyer.The Resident Team has done Millions in sales and we will help you, the buyer, and our fees are paid buy the seller. So in effect, we (4 comments)
Who owns the Appliances in a home that is abandoned. - 04/19/08 11:45 AM
With homeowners abandoning their homes because of foreclosure looming, I am seeing more and more homeowners stripping the appliances. Weren't the appliances sold with the home? So aren't the appliances mortgaged along with the home? Thus making them the property of the lender. Where do people get off stripping the appliances out of the home they are abandoning? I have a short sale where this recently has taken place. I am going to have a hard time getting an offer on this home and I am afraid I will not be able to save the homeowner from foreclosure. Holes were left in (13 comments)
A Short Sale That Left Me Smiling. - 04/10/08 07:32 PM
I listed a home 11 months ago. I stepped down the price as the market fell. Starting at $119,000 and when I hit $99,000 I got an offer. When I went over the offer with my client, she was distraught that he had to come out of pocket to sell the home. The offer was for $95,000 and the note was $113,000. We got into the conversation about possibly short selling it. Now not a payment had not been missed. But we had a cash offer. The home was vacant and the monthly mortgage payment was a financial hardship. So I put (8 comments)
953 GEORGE ST, KISSIMMEE FLORIDA 34744 - 04/07/08 04:53 PM
953 GEORGE ST, KISSIMMEE FLORIDA 34744 2 BEDROOMS/1 BATH813 SQUARE FEETBUILT IN 1958 $110,000 GREAT HOME IN A GREAT NEIGHBORHOOD. CLOSE TO SCHOOLS AND SHOPPING. THIS HOME HAS BEEN IN THE SELLERS FAMILY SINCE IT WAS BUILD. THIS HOME HAS A CENTRAL AIR SYSTEM THAT WAS INSTALLED IN 1998. NEW STOVE AND NEWER REFRIGERATOR. ALL WINDOWS HAVE BEEN REPLACED TILED FLOORS THROUGHOUT THE HOME. QUIET STREET IN ONE OF KISSIMMEE'S OLDEST NEIGHBORHOOD. THIS HOME IS PRICED TO SELL AND WON'T LAST LONG. MLS # S4635517 FOR VIEWING APPOINTMENTS CONTACT MARK HORAN "THE RESIDENT CHEF" AT 407-301-0312 OR VISIT ME ON THE WEB @ www.ResidentTeam.com (0 comments)
601 Ohio Ave. Saint Cloud, Florida 34769 - 04/07/08 04:33 PM
601 Ohio Ave. Saint Cloud, Florida 34769 HISTORIC HOME IN DOWNTOWN SAINT CLOUD. CORNER LOT JUST A FEW BLOCKS FROM THE LAKE FRONT BEACH ON EAST LAKE TOHOPEKALIGA.WOOD FLOORS AND A WOOD BURNING FIREPLACE.THIS HOME IS CHARMING AND QUAINT. ALL OFFER ARE SUBJECT TO THIRD PART APPROVAL. 1,220 SQUARE FEET BUILT IN 1930 $125,000
FOR VIEWING APPOINTMENTS CALL MARK HORAN "THE RESIDENT CHEF" 407-301-0312 VIST ME ON THE WEB @ WWW.RESIDENTTEAM.COM
Buyers Remorse - 04/02/08 11:09 AM
Buyers remorse. Most buyers that sign a purchase agreement usually feel a a wave of anxiety. They question their judgment, is this the right home for my family, did I pay too much, or can I really afford the payments. Buyer's remorse is completely normal. During the current market, buyer's always ask themselves if they waited, would they have gotten a better deal? Then there is friends and family, they always know someone who paid less for the same exact home. Instead of congratulating you on your new home ownership, they become experts in Real Estate and your purchase was ill advised. If (8 comments)
Selecting A Real Estate Agent - 04/01/08 11:16 AM
Selecting A Real Estate Agent Finding the right real estate agent to help you in your search is the important first step to take when you are ready to buy a new home. Some people feel it is better to use someone you don't know--I can't agree with this thought because someone you know will usually go above and beyond the call of duty and have you as top priority at all times.Knowledge, professionalism and experience are the important factors to consider when selecting a real estate agent. You should also look for someone who listens carefully to what you want (5 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.