realtor: What is the cost of foreclosures to the lender and the community? - 04/22/08 10:45 PM
Spokane is paying a cost as the foreclosure rates increase!
Lenders and Foreclosure
Lenders and investors do not make money on foreclosures. Losses range from 20 cents to 60 cents on the dollar. Lenders typically lose $50,000 or more on one foreclosure. =Craig Focardi, CMB, Research Director, TowerGroup's consumer lending division, … (0 comments)
|
realtor: The emotional toll on a homeowner facing foreclosure is overwhelming... - 04/22/08 10:28 PM
In Spokane we have an alarming amount of foreclosures entering the housing market. I have compiled some research highlighting the Financial and Emotional State of Homeowners Facing Foreclosure. If you are facing foreclosure...please call me. I would be honored to talk with you and help you find the resources you need most. I have access to credit … (0 comments)
|
realtor: Foreclosure Forcast - 04/22/08 01:56 AM
Foreclosure Forcast For Spokane...
Back in the early 90's Spokane hit a time of slow market growth and increased forclosures. I think we are headed there again. If you are in trouble and need some professional advice, I'm here. Don't be fooled by greedy investors promising to "help" you out of your … (1 comments)
|
realtor: Why character matters! Part II - 04/08/08 02:13 AM
There are many wonderful agents in Spokane that are very good people and care deeply about their clients and and each transaction being a win for everyone. These agents work very hard and make sure that everything goes smoothly. Dates are met and everything is disclosed and they are always a … (2 comments)
|
realtor: Why character matters! Part I - 04/08/08 02:01 AM
The real estate industry is interesting.
One way it is interesting is that each agent, with each Spokane company is actually competing with each other for the same business. If a home-buyer is looking to buy a home and meets three real estate agents from the same office of the same company, they are handled the … (0 comments)
|
realtor: Warning: Foreclosure Scams Ahead!!! - 04/08/08 01:46 AM
With 1-2 million foreclosures on the horizon, we local Spokane folks are probably going to see a lot of shady characters advertise on lamp posts, classified ads, pay-per-click advertising and spam e-mails with questionable promises to rescue people in a difficult situation. Signs are poping up on post all over Spokane's … (0 comments)
|
realtor: Tips to save you money!!!!! (part VII) - 03/31/08 02:18 PM
Entertainment
Buy an Entertainment book. The initial investment is about $20, but there's hundreds of dollars in entertainment savings in it. Join Gamefly for cheap video game renting. Trade video games, DVD's and books with your friends. Start a book or film club. After reading the book or watching the film, discuss … (1 comments)
|
realtor: Tips to save you money!!!!! (part VI) - 03/31/08 02:15 PM
Travel
Pack your travel meals in advance. Buy snacks at the grocery store, not at roadside convenience stores. Plan trips where you have friends and family. You might be able to score free room and board. Go camping. Stay at a college dorm room when traveling. Many universities rent out dorm rooms … (0 comments)
|
realtor: Tips to save you money!!!!! (part V) - 03/31/08 02:13 PM
Health Care
If you take a prescription medication on a regular basis, ask your doctor to write a three month prescription. Instead of paying three co-pays, you only pay one. Go to the dentist at your local dental school. Students need people to practice on. You can get all your dental needs … (0 comments)
|
realtor: Tips to save you money!!!!! (part IV) - 03/31/08 02:09 PM
Household
Buy furniture at a consignment store. If you need a tool, see if you can borrow it from someone before you go out and buy it. Don't throw away "dead" batteries. Remove them from your radio and use them in quartz clocks. These clocks take such a small amount of power … (0 comments)
|
realtor: Tips to save you money!!!!! (part III) - 03/31/08 02:07 PM
Food
Forage for food. Check out a book on local edible plants and start stocking up on them. Buy a water filter and make your own bottled water. Buy bread at the bread outlet store and freeze excess loaves. Make meals that are left over friendly, like soups and casseroles. Join a … (1 comments)
|
realtor: Tips to save you money!!!!! (part II) - 03/31/08 02:04 PM
Clothing
Find an image consultant in your town and ask if you can have the clothes their clients get rid of. Don't buy into trends. Keep a wardrobe of classic pieces, so you don't have to update your clothes every year. Buy clothes at a thrift store. Wear clothes more than once … (0 comments)
|
realtor: Tips to save you money!!!!! - 03/31/08 02:01 PM
Hello everyone! Buying and Selling homes is $$$$$. This is the first of several blogs to help you save money in your life. Give me a "jingle" if you think of any other ones to add to the list :)
Automobile/Transportation
Wash and vacuum your car at home. Buy a used car. New … (1 comments)
|
realtor: Heads UP!!! - 03/31/08 01:38 PM
BEWARE OF HOUSE VALUES!!!
This is a great reminder to do our OWN creative marketing...House Values is the ultimate Ripoff/scam. They scam us by making us believe they have quality leads,names of people wanting to buy or sale. House Values gets these name by advertising, mostly on national TV that they will let … (0 comments)
|
realtor: How to avoid real estate scams...(scary, very scary) - 03/31/08 01:26 PM
When deciding to enter the Spokane real estate market, one thing that people sometimes do not take into consideration is the importance of realtors in the entire buying or selling process of any real estate property.
It is important to remember that there are some things about the national real estate market … (0 comments)
|
realtor: How do I price my home ? - 03/26/08 04:12 PM
Whether you are buying or selling a home there are some simplesteps you can take to make sure the price is right.
Many people will say location is everything and to a certain degree this is true.If you are moving into a heavily populated area there are definitely differencesthat can … (0 comments)
|
realtor: What to do when your home has been on the spokane market for more than 3 months?!? - 03/26/08 04:05 PM
So you've had your home on the market for over three months, you've seen that you're just one of several for sale signs in your neighborhood, your new home is due to close in several weeks, and you are really starting to get anxious. Can it all work out?You bet it … (0 comments)
|
realtor: What in the World do all these stupid acronymns mean? Why can't agents speak in "American" :) - 03/25/08 12:38 AM
What are all these acronymns on real estate ads? (Good Question BTW)
In order to avoid sometimes high advertising costs, sellers and agents use a form of shorthand, of whose madness there is a method. Here is a key that can help you decipher the listings: Here are some definitions that may … (4 comments)
|
realtor: How the heck am I suppost to find my new home...Craig's List? - 03/21/08 01:08 AM
Where do I get the scoop on real estate in my area?
Why, at www.SarahSpokane.com !!! With the introduction of the internet to the real estate market, buyers and sellers now have a much more extensive line of information available to them. With this expansion, Real Estate Agents have also exponentially expanded … (0 comments)
|
realtor: How do Pre-Qualification, Pre-Approval and Loan Commitment differ? - 03/21/08 01:05 AM
How do Pre-Qualification, Pre-Approval and Loan Commitment differ?
Any individual can be pre-qualified by a lender, by a Real Estate Agent, or by themselves. This simply means that someone has taken a quick look at your finances and plugged them into a debt-to-income ratio formula. This type of qualification gives a … (0 comments)
|
realtor: Selling your home in Spokane :) - 03/21/08 12:49 AM
What are the essential steps in getting my property ready for the market in Spokane?
As a seller, you have a responsibility to maintain steady communication with your agent... ;) like me... to resolve any issues that arise with your properties. Appraisals, inspections and surveys all must be done according to a schedule … (0 comments)
|
realtor: How long will it take for my property to sell? - 03/21/08 12:44 AM
How long will it take for my property to sell?
There are three main variables which impact on how long your home remains on the market in the Spokane Area.
Price of the House Condition of the House Current Market Conditions Sellers can impact upon the first two of these variables. A … (0 comments)
|
realtor: Tips to Fill the "yes" bucket :) - 03/21/08 12:40 AM
How do I help improve buyer perceptions of my property?
Every buyer comes into a home with two buckets...a "yes" bucket and a "no" bucket. My job is to fill the "yes" bucket to full capacity so your home stands out as THE ONE. I can not controll the "no" bucket to … (0 comments)
|
realtor: HELP...How Do I Determine What Price to Put on my Home? - 03/21/08 12:33 AM
How do I decide on a price?
Price is one of the obvious factors that help to sell your property. While appraisals give a concrete justification to a maximum number, appraisals sometimes fail to compensate for the entire market valuen of a property.
A good first step in determining the overally value of … (0 comments)
|
realtor: 10 Ways to Add Value to Your Home Without Going "Broke" :) - 03/11/08 12:04 AM
Short on cash but ready to renovate? Think new door handles, not new doors, and spiffed-up appliance fronts, not new appliances.
Looking for ways to spruce up your home without putting yourself in the poorhouse? Whether you're getting ready to sell your home or want to spiff it up inexpensively for … (0 comments)
|
realtor: The World's Largest Red Wagon :) - 03/10/08 11:48 PM
Located in Spokane's Riverfront Park, this giant wagon is the work of artist Ken Spiering, commissioned by the Jr. League of Spokane. According to an article from Washington's Outer Limits, "... artist Ken Spiering's ideas for a bronze sculpture had dried up - he knew it the instant he drew a … (0 comments)
|
realtor: Three Stages of Buying Foreclosures :) - 03/10/08 11:20 PM
3 Stages of Buying Foreclosures
The strategy of buying pre-foreclosures is to create a situation where everyone wins. This type of strategy involves just you, the homeowner, and in some cases the lender. Because the homeowner has been delinquent on his or her mortgage payments, they are now in a position to … (0 comments)
|
realtor: Foreclosure Flow Chart - 03/10/08 11:18 PM
The following chart is a helpful comparison of the processes of Mortgage Judicial Foreclosure and Trust Deed Non-Judicial Foreclosure :)
… (2 comments)
|
realtor: 7 Habits of My Business Success (Whoohoo) - 03/10/08 11:14 PM
The elusive dream of a successful business in real estate captures the imagination of aspiring and existing Realtors everywhere. A vision of flowing profits, industry respect, thrilled customers, and a balanced life. This vision is only possible by developing habits that drive business success. Here is what I try to do … (0 comments)
|
realtor: Another attack of the equal opportunity mocker...Target: real estate agents :) - 03/04/08 04:14 AM
Yep...we are a funny bunch! Here are some of my favorite jokes heard and overheard :)
How many Real Estate Agents does it take to change a lightbulb?
20 agents will go by and take a note that its out.10 of those agents might call a store to see if they have the … (1 comments)
|
realtor: Help...I have a Hot Pink Kitchen ( Will this effect my appraisal?) - 03/04/08 03:47 AM
Having your house appraised can be a scary step in the moving process, especially if you don't know what to expect. Will your house pass muster or will they find some hidden defects and problems lurking in the basement and attic? Should you scrub the house clean?
Don't worry - this isn't … (1 comments)
|
realtor: What the heck is home inspection and is it worth $300?!?! - 03/04/08 03:39 AM
YES!!! It is worth the money...read on to see why :)
What is a home inspection?A home inspection is a visual inspection of the structure and components of a home to find items that are not performing correctly or items that are unsafe. If a problem or a symptom of a problem is found the … (1 comments)
|
realtor: Tips to Avoid Escrow Fraud in Spokane - 03/04/08 03:34 AM
Escrow companies can be helpful in completing a transaction safely but make sure you are using a littermate escrow company. Here are a few tips to help you choose a good company.
Don't be talked into using a particular escrow serviceBe suspicious of using an escrow service recommended by an online buyer … (0 comments)
|
realtor: Simultaneous Closings, Double Closings, and Back-to-Back Closings - 03/03/08 12:29 PM
How to perform or structure a Simultaneous Closing - Double Closing - Back to Back Closing?
Each state has different laws or requirements when performing or structuring a simultaneous, double or back to back closing and they're always changing. What they could do 5 years ago, they may not be able to … (0 comments)
|
realtor: What the heck is a tax lien certificate? - 03/03/08 12:23 PM
A tax lien certificate is nothing more than a lien on a property for not paying taxes. Essentially, each and every year owners of real estate have a tax lien (aka financial obligation to pay taxes) placed on their real estate. If the property taxes are paid on time the tax … (0 comments)
|
realtor: What the heck are "hard money" lenders and what do they do? - 03/03/08 12:20 PM
The Truth about Hard Money Lenders
So many first time investors are curious about hard money lenders. Who are they? What is it? How do I get some? Is it beneficial? Let me share with you some of the basic principals about hard money lenders. First of all, lets determine what the … (0 comments)
|
realtor: The 3 Stages of Buying Foreclosures - 03/03/08 12:17 PM
3 Stages of Buying Foreclosures
The strategy of buying pre-foreclosures is to create a situation where everyone wins. This type of strategy involves just you, the homeowner, and in some cases the lender. Because the homeowner has been delinquent on his or her mortgage payments, they are now in a position to … (0 comments)
|
realtor: What the heck is a "trust deed foreclosure"? - 02/29/08 12:33 AM
What is Trust Deed Foreclosure?
Trust Deed foreclosure is different than that of a mortgage foreclosure because there are no courts involved. Simply put, most investors refer to trust deed foreclosure as a third party action.
Investors use different terms when dealing with a trust deed foreclosure. The borrower is called the … (0 comments)
|
realtor: What is mortgage foreclosure and how is it different than a standard forclosure? - 02/29/08 12:29 AM
What is Mortgage Foreclosure?
Mortgage foreclosure simply means the deed can only be foreclosed through court action. Mortgage foreclosure is usually referred to as a judicial foreclosure.
A mortgage is a security document that allows the borrower to keep title of the property while using the property as security or collateral for … (0 comments)
|
realtor: Short Sales for Dummies ...Yep, I'm in that catagory too ;) - 02/29/08 12:26 AM
How Short Sales work
Short Sales are one of the most effective techniques for discounting loans in real estate. Short sales create huge investment opportunities and are a must if you want to be competitive in this market. One of the most important steps in the short sales process is getting the … (0 comments)
|
realtor: What the heck is a "short sale" and can I order a tall one? - 02/29/08 12:21 AM
What is a Short Sale?
A short sale is when a lender accepts a discount on a mortgage to avoid a possible foreclosure auction or bankruptcy. Instead of buying from a seller, you are purchasing the property directly from the lender for a discount. For example: A homeowner, who is facing foreclosure, … (1 comments)
|
realtor: How to avoid Foreclosure Scams (There are some SCARY people out there) - 02/29/08 12:18 AM
What is Foreclosure?
Foreclosure is to shut out, to bar, to extinguish a mortgagor's right of redeeming a mortgaged estate. It is a termination of all rights of the homeowner covered by a mortgage. Foreclosure is a process in which the estate becomes the absolute property of the lending institution. Foreclosure numbers … (0 comments)
|
realtor: What the heck is "agency"? - 02/28/08 03:39 PM
One of the hot topics facing the world of real estate right now is the issue of agency. Some would have you believe that it really doesn't affect you, the buyer, and that nothing much has changed. But they are wrong.
The topic of agency is important to you because it … (1 comments)
|
realtor: Don't Buy Alone!!! - 02/28/08 02:53 PM
If you are an unrepresented buyer, here are ten good reasons why you should hire a Realtor:
1. Realtors Are Real Estate Specialists. Not all real estate professionals are created equally. There are approximately 2.3 million licensed real estate professionals, but only members of the National Association of Realtors can call themselves … (0 comments)
|
realtor: How to Interview a Realtor (BTW...this is a good idea) - 02/28/08 12:42 PM
Working with a trusted real estate agent is a key part of the home buying process. A good realtor can help you find the home of your dreams at a price you can afford. There are five basic questions you should ask a prospective real estate agent before you start to … (0 comments)
|
realtor: Sleeping in my Car...(Just Kidding) - 10/22/07 11:38 AM
Hello All,
You remember all the blogging I have been doing on "the wonderful season of Autumn"? Well, with the wonderful crisp air, beautiful vivid colors, and warm pumpkin spice lattes comes frost. Frost is intricate and amazing on a window, or covering the patterned texture of Birch bark. On a road, … (3 comments)
|
;)
Links;)
Tags (Tag Cloud);)
Archives
