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avoid: WHY are mistakes still being made on SHORT SALES that cause rejection? - 04/26/13 05:27 AM
How is it possible that SHORT SALES here in The Manchester NH area are still being done incorrectly. The 2 Leading issues are agents who STILL do not know how to list, negotiate or sell Short sales and Home Owners that hire them. When choosing someone to sell their home through a short sale, many home owners rush into listing with the first or biggest agent only to be disappointed. As a Home owner you have to know you have choices. All agents are not created equal and when it comes to SHORT SALES, You can afford to choose wrong,The TOP (11 comments)
avoid: If You Don't Believe Me, Take it from Bank of America - 02/16/13 05:04 AM
Short Sales are still very much part of our market. A few of the problems we face every day could easily be solved if Home Owners who face the challenge of needing to sell their home through a short sale, just choose a better agent who was local and well experienced in listing, negotiating and selling Short Sales. Many agents are not experienced and some not even familiar with how they really work but are talking listings anyway. My friend Chris Ann makes a great point that there is NO such thing as a fully approved Short Sale before a buyer (0 comments)
avoid: What will the SECRETS to SHORT SALES be in 2013? - 01/02/13 06:20 AM
Do you know the secret to why some SHORT SALES are approved while others are not? Here in the Manchester NH area, There is a large disparity on which Short Sales will be approved and which will be rejected. The troubling fact is that the fate of near 2/3 of short sales can be predicted before even finding a buyer or even submitting it to the bank. Home Owner may only have 1 chance at approval before facing FORECLOSURE so they should be paying attention. The hard reality is more short sales will be rejected than approved. The hard fact (6 comments)
Should a Buyer APPLY for their MORTGAGE before the SHORT SALE is accepted by the Sellers Bank? Whether you are in the Manchester NH area, Southern New Hampshire or located anywhere else though out this great country of ours, the short sale process is the same and this problem could occur. The newest problem is short sales is that Banks have shortened the time it takes to process Short Sales and Buyers are not ready to close within the 30 days the sellers bank is requiring killing the sale.
Buyers need to have their due diligence conducted quicker (5 comments)
avoid: Should a buyer use a FHA MORTGAGE when BUYING a SHORT SALE? - 10/09/12 05:53 AM
Should you use a FHA MORTGAGE when BUYING a SHORT SALE? Whether you are in the Manchester NH area, Southern New Hampshire or located anywhere else though out this great country of ours, the short sale process is the same and this problem could occur. It is not always recommended to use a FHA to buy a short sale. But wait...it can be done.... but the first thing you MUST know is the property MUST pass the FHA appraisal. To learn if it will, you should work closely with your Buyer Agent. The short list of items to look out for is that the roof (12 comments)
avoid: Understand the FHA short sale process - 10/02/12 06:09 AM
Here in New Hampshire our economy and Real Estate market have stabilized. The amount of homes for sale is substantially lower than even a year ago. Interest rates are still Ultra low for buyers. The one thing that remains is Short Sales. It allows a home owner who owes more than their house is worth to sell their home with bank approval of the price and terms. The most important KEYS TO SUCCESS is choosing a Full time, Full Service, Local agent who is well experienced in Listing, negotiating and Selling Short Sales. In New Hampshire, Contact me. I can assist you (0 comments)
avoid: Spotlight on MOUNT ST. MARY'S CONDOMINIUMS located in HOOKSETT NH - 09/06/12 04:57 PM
MOUNT ST. MARY'S CONDOMINIUMS located in HOOKSETT NH is a desired community of Luxury Garden style condominums. The community is very well landscaped with a mix of open space, lawn and wooded areas.This desired neighborhood is close to rte 3 and 93, Shopping, Schools and Restaurants while being located in a neighborhood set back from the road. The Godzyk Real Estate Servces is proud to be a Leading Real Estate Agent servicing our community. Please contact SCOTT GODZYK of the Godzyk Real Estate Services if you are Looking to Buy or Sell a Home in this wonderful Neighborhood.
With red flags waving as hard and furious as if I was standing in Hurricane, my next question was "Did you sign a Listing with this agent and Massachussetts company?" "Well of course" replied the caller. My pause on the phone was obvious enough for the caller to go into a defensive stance. Because (11 comments)
avoid: Why do Listing Agents NOT UPDATE their Listings in MLS? - 07/29/12 06:55 AM
Why do Listing Agents NOT UPDATE their Listings in MLS? As I browse through the local MLS here in the Manchester NH area, I have noticed a trend that quite a few listings that are in here as "active" are actually "pending". The more disturbing part is the trend of certain Listing Agents not even returning my call or emails if it is available and if my buyer can see it today. You can not sell a home if a buyer can not see it....
The MLS is one of the most important tools for Listing Agents to introduce their Listings (17 comments)
avoid: YOU Priced that Home TOO LOW as neighbors declare WAR - 07/15/12 06:03 AM
I received a call from a person that was quite worked up. Another agent listed a SHORT SALE in the Manchester NH area in a quite desirable neighborhood at a rock bottom price. The home is neat, clean and appears to have no damage. The neighbors have circled up and formed a "war party". "How could they price that home this low? What is that agent thinking? Do they know they are affecting each and every home in our precious neighborhood by their actions." rang out from neighbor after neighbor. Why are they calling me, becuase I sold their house to them and (35 comments)
avoid: Spotlight on SANDPIPER VALLEY CONDOMINIUMS in Manchester NH - 07/12/12 05:37 AM
Spotlight on SANDPIPER VALLEY CONDOMINIUMS in Manchester NH SANDPIPER VALLEY CONDOMINIUMS is Located in North Manchester. It has a nice setting off the main road. It has easy access to Schools, Shopping and Highways. It has a fantastic club house with pool and tennis courts.
Sandpiper Valley features town house style Condominiums. All come with full basements and large decks There are 2 Bedrooms and 1 Bathroom. The amount of homes available and upgrades at any one time varies.
Currently Available: 1. TOWNHOUSE 2BR 1120 SF $129,900
*Homes available subject to errors, omission or prior sale, prices and (13 comments)
avoid: HOW did you come up with that price you offered on a SHORT SALE? - 07/10/12 06:22 AM
I do not know what is worse, a SHORT SALE in the Manchester NH area that is priced WAY below market value or the offers BUYERS want to place on these listings. It creates a "CIRCLE OF FAILURE". You must be asking yourself why am I being so tough on Short Sales this morning? Because... Home Owners may not even know their choice of a Short Sale Listing Agent may have just doomed their Short Sale becuase that agent has PRICED THE HOME TOO LOW.... Despite what people think the bank will spend some time and money to determine what the (14 comments)
avoid: WHY are you submiiting so many Offers to the Bank for a SHORT SALE? - 07/09/12 05:10 AM
There is quite a battle going on for an answer to the question "Should more than one offer be sent to the Sellers Bank for Approval on a SHORT SALE." The key point many are missing is the sale is not between the bank and a buyer but the buyer and the current home owner who needs thier banks approval to sell for less than they owe.The Home Owner and their EXPERIENCED SHORT SALE AGENT should look over all overs and not just choose the best price but the one with the best terms. An offer saddled with lots of contingincies (17 comments)
avoid: A Monkey could sell a new Listing when you price it low Enough. - 06/28/12 07:28 AM
Well maybe not a Monkey but I needed a catchy title. How easy is it really to sell a new Listing Today? Here on AR I start the day everyday by reading my favorite selection of blogs that offer some of the best advice and reading available. Yesterday my favorite marketing guru Barbara Todaro wrote a blog Price It To Sell And MLS Is The Only Marketing Needed... The basic premise was "price cures all problems". Her blog starts a great conversation where sure it is true that despite a bad location or home needing tons of work, if you price it low enough it will sell. She is (36 comments)
avoid: Can I Mow Your Lawn? for FREE, really... - 06/25/12 06:46 AM
I am used to intersting questions but this one made me sit up straight. As a leading Listing Agent in the Manchester NH area I get to see alot, Have I seen it all? Probabily not becuase each day brings a new adventure and new challenges both of which I live. So yesterday when the phone rings and the gentleman asks "Can I mow your lawn?" At first thought it was another sales call trying m to get me to use their services. But then he said i am the neighbor of "123 Main Street" which was foreclosed on. The bank is doing a POOR job cutting (57 comments)
avoid: Can a SHORT SALE fit into your pocket? - 06/23/12 05:23 AM
Can a SHORT SALE fit into your pocket? A increasing trend not only in the Manchester NH area but around the country is for some agents to take a short sale Listing but NOT place it in MLS. Although it is not the true definition of a pocket listing, it is in the family of them. For those who do not know what a "Pocket Listing" is, it is when a seller may not want to place a home on the open market for various reasons but if the right buyer comes along at the right price, they would sell. In a (12 comments)
avoid: What Happens When a HOME is ABANDONED? Part II - 06/18/12 09:00 AM
Last weekend I sparked some debate with my blog What Happens When a HOME is ABANDONED? I got some intersting emails about the pros and cons of the Foreclosure crisis. To be clear i am not weighing in on either side but want to show you the condition of some of my new listings. One person asked why I was complaining and get me, I am not complaining as the worst the condition the more the investors LOVE these types of homes. If you ever wondered what happens when someone abandons their home in New Hampshireor anywhere in the US you see a home with an over grown lawn? or (5 comments)
avoid: How dare you answer your own Phone? - 06/18/12 06:11 AM
Over the weekend I had an interesting conversation when an agent from a big national franchise who called and upon my answering the phone, asked me if I always answered my own phone. I said of Course. He immediately said that is what a receptionist and automated call answering machine are for, to weed out the calls and free up his time. I immediately thought to myself that is why I can never get through to you when I have a buyer for one of your listings becuase you make it near impossible to reach you with 1 call. As I though t to myself (101 comments)
avoid: What Happens When a HOME is ABANDONED? - 06/17/12 05:16 AM
The riddle is what happens when you abandon your home in the winter in New Hampshire and it is only found and secured in the summer? Have you ever wondered about a home you see every day with the over grown lawn? Why did they leave? What will happen with this home? Well... In the last months Banks have sure stepped up the Foreclosure process on abandoned home. Most people wonder but not many people get to see inside. As a Leading Listing Agent of Bank Owned homes here in the Manchester NH area I am one of those lucky ones. In (11 comments)
avoid: You Can't handle the Truth about SHORT SALES. - 06/12/12 05:19 AM
Yesterday I lit up the Blogsphere with a blog titled HEY Short Sale Seller - GET OUT!!!! of our new home... It lit up my inbox with emails from Home Sellers asking for help. This time the overwelming question is WHAT IS THE RIGHT WAY TO GET MY HOME SOLD THROUGH A SHORT SALE. So many write that they read the warnings from other sellers but still just do not understand. Most Home owners saw a flashy ad on TV and rushed into listing becuase they thought bigger was better. I am sorry to report everything you see on TV is not always (20 comments)
Scott Godzyk is the Owner/Broker of The Godzyk Real Estate Services located in Manchester NH. With 25 years of Real Estate experience Scott specializes in Listing and Selling Bank Owned Homes, Short Sales, Residential Properties, Condominiums, New Construction and Investment Properties.
Scott services the counties of Hillsborough, Merrimack, Rockingham and Belknap. To contact Scott Godzyk please call 603-661-2121 or email email@example.com. his website is www.ScottSellsNH.com.
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.