Lil' Rhody real estate ramblings - Archives August, 2008

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After brief respite, Mortgage – Treasury Spread reaches new peak - 08/28/08 09:18 AM

Good post by Dan Hartman.
Via Dan Hartman:
The 2nd quarter of 2008 began on a positive note for mortgage borrowers, as a relative lack of news caused the Mortgage - Treasury spread to narrow from its March 13th peak at 2.60% to a low of 2.03% May 30th. The Mortgage Treasury spread … (0 comments)

Seller's list cont.... - 08/28/08 09:14 AM

4. Listing the PropertyWe will review and fill out several important documents, including the Listing Agreement, Property Detail sheet, and Seller's Property Condition disclosures. Providing as much detail as possible about the property will help me to market the property effectively, will give potential buyers a sense of integrity about the … (0 comments)

First time buyer's guide to home inspections - 08/28/08 09:01 AM

Quite often, first time buyers are unsure of what to expect from a home inspection.
The primary purpose of home inspections is to assure that there are no "deficient conditions" that were not disclosed by the seller, specifically anything that would significantly affect the value or safety of the property. The … (0 comments)

The (famous) Paul Hodosh Seller's List - 08/25/08 12:00 PM

Selling in today's market is a challenging prospect. Not only are you competing against a large surplus inventory of homes, but you are doing so at a time when there are relatively few qualified and motivated buyers. It is more critical than ever to carefully plan and manage every aspect of … (0 comments)

Buyer's Agent: Real or Marketing - 08/14/08 07:33 AM

We are starting to hear the term 'buyer's agent' more and more these days. Someone asked me if the whole thing wasn't just one more way for realtors to market themselves, especially in such a challenging market.
The answer is no...
A "buyer's agent" is a real estate agent who has entered … (0 comments)

Selling Your Property - Meeting Challenges - 08/12/08 05:49 PM

Selling property in today's market is a challenging prospect. Not only are you competing against a large surplus inventory of homes, but you are doing so at a time when there are relatively few qualified and motivated buyers. It is more critical than ever to carefully plan and manage every aspect … (0 comments)

Final steps in the buying process - 08/06/08 08:57 AM

And now the moment you've all been waiting for.........
The end of the list........
7. Perform Home Inspections and Settle any Ensuing IssuesWith very rare exceptions, I will strongly recommend that you include home inspections as a contingency in the Purchase & Sales Agreement. While the inspections cannot completely eliminate risk, … (0 comments)

New Rhode Island Linked In Group - 08/02/08 08:30 AM

Having just burst onto the social networking scene (ha ha) I'm still trying to learn how to best use all of these various tools for the real estate business. I have found tons of great advice here, and I'm someone who looks first to those who've found success, or failure, and … (2 comments)

The Buyer's List: Part Two - 08/02/08 08:03 AM

4. Identify Properties Which Match the Criteria we have DefinedYou may know exactly the type of property you are seeking, or you may be starting with only a few vague preferences. In either case, we will prioritize the criteria that you have defined and create a search profile specifically for you. For … (0 comments)

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