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In This Market...... - 11/27/07 01:53 PM
Be grateful for what we have, not what we don't! I was browsing on Inman news and came across an article that really made me stop and think. Keeping a positive outlook is key in times like this. To the real estate professionals out there: read this article and tell me what you think!
Kierston 850-294-0777
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A turkey with stuffing. Cranberry sauce. A vegetable casserole. Wine. Old friends. Family.
As social structures dissolve, as family members spread further and further away from each other, as our lives get more chaotic, we hunger for the simple traditions that act as an anchor point for our lives. … (3 comments)
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Joanna Schmidtchen Blog - Owner Financing Being Over-Looked? - 11/23/07 07:54 PM
You don't always need a bank to finance a purchase of a home.We all know the current market has shifted to give buyers a fair-game, but in the past few years, with so many buyers and not enough homes for sale, most all transactions were all cash to the sellers. In a buyer's market, another incentive a seller can offer is to finance part or all of the purchase. (Lend the buyer all or part of the loan amount; essentially act as the bank).
Owner Finance is an all around win-win situation. It is the easiest, least expensive way to finance a … (0 comments)
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Chris Chaback Great FSU Area Investment (Townhome) - 11/22/07 08:57 AM
Hi All,
Wow...this is one of the best opportunities I have seen in a long time for Residential Real Estate Investing.
This property is located in the NW of Tallahassee and is close to FSU (Florida State University), TCC (Tallahassee Community College, and FAMU (Florida A&M University).
Here is the MLS Sheet (Click Here to View Listings).
4 Bedroom 4 Bath 1744 heated & cooled square feet. $168,000.
Numbers with only 3 of the 4 rooms rented and figured at full list price. I would not expect any one to pay full price at this time.
With 10% down Yearly Cash Flow Before Tax is $2,419. After … (4 comments)
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Joanna Schmidtchen Blog - Mortgage Decisions for Struggling Homeowners - 11/21/07 04:24 PM
MORTGAGE DECISIONSIt's a 2 sided-sword. Homeowners in trouble are putting their arms up in the air and asking their lenders for alternative payments. The anwer they receive is: "We can't help you unless you default on your payments." This sounds like an answer to all, but falling behind on a mortgage usually triggers other headaches for homeowners.
Comment? Joanna Schmidtchen 850-443-2600 or joanna@ringtherivers.com Read the full story:http://click.email.floridarealtors.org/?ju=fe6212797064047c7316&ls=fe131d78736d037e761d76&m=feff1070756103&l=fecc177274660379&s=fe2715757062017c771279&jb=ffcf14&t=
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Joanna Schmidtchen Blog - Mortgages in Distress - 11/09/07 07:47 PM
In an effort to reduce foreclosures nationally, a bill has been introduced by Federal Lawmakers that would allow judges to modify primary-residence mortgages in bankruptcy court. FAR reports, major lenders say it would lead to a flood of bankruptcy filings and force banks to charge higher mortgage interest rates to compensate for the added risk.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n4-110907.cfm
… (0 comments)
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The Rivers Team, Gene and Rebekah Rivers Broker/Owner
Tallahassee,
FL
More about me…
Keller Williams Town & Country Realty
Office Phone: (850) 297-2255
Email Me
The Rivers Team blog is designed to inform you about Tallahassee Real Estate and Tallahassee and the surrounding communities. We service Tallahassee, Crawfordville, Havana, and Leon, Franklin, Gadsden, & Jefferson Counties. This blog is maintained by our agents during their on call shift. We invite you to post your comments and replies to our Tallahassee real estate and community messages. Thank you for stopping by!
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