The 5 Year Arm. - 09/30/09 11:40 PM
What is going to happen to our economy and housing industry, when the 5 year arms adjust in 2010. My take is, you ain't seen nothing yet. Homeowners are sitting in their homes, not paying their mortgage and banks are now not filing for foreclosure because their inventory is full. This is happening....
 

… (7 comments)

What Should I Offer? - 09/01/09 10:41 AM
I am hearing buyers ask "What Should I offer?" every day on Bank Owned Properties. What you need to remember is that the Bank wants to sell. They are listing the homes below appraised value. But how can you be sure? Every bank orders Broker Price Opinions, BPO's on their inventory monthly. They want to know if the market is trending one one or the other. Then they price accordingly. They know that there are first time home buyers out there trying to spend there $8,000 of Obama dollars. They also know that the foreign investor is in the market because … (2 comments)

 
Project1 Rainmaker_large

Mark Horan

"The Resident Chef"

Saint Cloud, FL

More about me…

Resident Team Realty, LLC & Toni's Property Management LLC

Address: 1813 West Virginia Dr., Kissimmee, Fl, 34744

Office Phone: (407) 483-5534

Cell Phone: (407) 301-0312

Email Me


Real Estate information for Osceola, Kissimmee, Saint Cloud, and Orlando Florida. For Realtors and Consumers. visit www.residentteam.com
myspace hits counter
By:


About: Mark Horan is a licensed real estate agent and the broker/owner of Resident Team Realty, LLC and Toni's Property Management, LLC. He has lived and worked in Central Florida since 1986. He is a licensed Realtor with Osceola County Association of Realtors and the National Realtor Association. You can connect with him at mark@residentteam.com by calling 407-483-5534 or by visiting one of his social networking profiles: Google+ | Facebook | Twitter -- he is an active blogger and you can follow him at ResidentTeam.com - Blog | Resident Team Realty Home Seller's Resource | ActiveRain.com - Resident Team Realty Blog



Listings

Links

Archives

RSS 2.0 Feed for this blog