short sales: How to get rid of Mosquitos at the Vacant House Next Door...
- 05/14/08 02:52 PM
Armls (www.armls.com) posted a new bulletin for agents visting its site recently about how neighborhoods can combat the Mosquito epidemic that has been sweeping the Valley as a result of the Foreclosed homes with standing, untreated pools. You know the type...The kind that turn green (sometimes brown or black), grow algae almost to the point where you swear the creature from the black lagoon will pop out of it. It is common knowledge that standing water attracts mosquitoes, and that pools left without running pumps can be a breeding ground for these mosquitos. In fact, there has already been a human (2 comments)
short sales: Is the Real Estate Market Crash Really Over?
- 05/09/08 03:04 AM
After reading the Wall Street Journal's "The Housing Crisis is Over" by Cyril Moulle-Berteaux, the whole real estate community is excited at the prospect of being over the worst of the crash. All the economic indicators point to a market that has bottomed out and is on track to be on the way back up. After all, we're seeing a reduction in inventory over the past several months, and less inventory will lead to a better ratio of sales to homes on the market, which will lead to a better market, right? I mostly agree with that, and would completely agree (2 comments)
short sales: Pre Foreclosure Short Sale Home for Sale in the West Valley of Phoenix
- 05/04/08 03:13 AM
So I have this preforeclosure listing in the West Valley for $120,000.00. It's a 3 bedroom, 2 bathroom, 1461 square foot, brand new single family home. Located in a great, developing area, here's an amazing opportunity to pick up a nearly new home for next to nothing. This home features upgraded wood blinds, roof tile, upgraded windows, and fans. The backyard has a $10,000 spa and backyard watering system. The master bedroom and guest bedrooms are all spacious and well laid out. This is a clean, move-in ready home. Please contact me asap for more details as the bank is ready (1 comments)
short sales: Incentives to Perform a Short Sale
- 05/02/08 05:50 PM
I have been performing Short Sales for the past six months or so. While I am now understanding the process required to perform a successful short sale, I am still unclear about the incentives to perform a short sale as opposed to just letting a property foreclose. Is it really just about the credit hit? My understanding is that banks can still 1099 you and make you sign a promissory note for the difference in a short sale, and not in a foreclosure. If this is true, why would someone want to even do a short sale? From a seller's point (7 comments)