sellers: Don't take a signed contract for granted
- 04/06/11 10:06 PM
So I had a contract signed, great price for my seller and a quick close....Great Job right? Not really!!! This was in January and a couple days after opening escrow a water heater leaked (property was vacant) on the 2 units directly below my sellers. Now what to do? File an insurance claim, send in paperwork, wait, get a few quotes from contractors, wait, wait, check with condo association make sure things are moving forward, wait, wait and more waiting, uncooperative owners in units that were damaged....so I think you get the point. We have a signed contract but because of … (1 comments)
sellers: Don't over explain the situation...
- 01/15/11 11:01 PM
So I got a call earlier this week from a homeowner who is ready to list his property for sale as a short sale....great news! This is of course the normal transaction in todays market. But what to do, the seller is ready to sell, just told me to send over a listing agreement for him to sign and never once asked about any explanation of the listing, addendum's or anything...What to do? Myself I like to explain myself to every single buyer and seller no matter what bottom line period. I go over the entire listing, purchase contract, etc. Others … (4 comments)
There is a very good chance that you have and don't even know it. He is on the verge of foreclosure and possibly just one bad month away from losing his home. He is not alone because in the US the total number of delinquencies is over 13%. This means that a little over 1 out of every 10 people are late on their mortgage. To break down this 13% further, 8.86% of homeowners are delinquent on their mortgage (missed a payment) and 4.3% of homeowners are in foreclosure. This is a HUGE number of … (2 comments)
sellers: Ocean Pointe Condo Statistics- www.BoddenRealEstate.com
- 10/15/09 10:11 PM
The Ocean Pointe neighborhood of Ewa Beach, Hawaii has 5 distinct town home neighborhoods, Ke Noho Kai, Ke Aina Kai, Mariners Place, Spinnaker Place, and Fairways Edge. The units are all 2-3 bedrooms and bathrooms, starting at 823 square feet and going up to 1470 with prices starting at $199,000 up to $578,990. The vast majority of the units have 3 bedrooms 2.5 baths, range in size from 1000 - just under 1200 square feet, with prices in the high $200,000 up to the mid $300,000 range (With the exception of Mariners Place which is priced in the low to … (1 comments)
sellers: UP and coming...
- 03/11/09 10:23 PM
So the economy is pretty BAD right now, most people say it hasn't been this bad since the great depression. So what should we do...pack up our things and feel sorry for ourselves? NO THANKS! I consider myself pretty knowledgeable even though I am young, not a mogul yet but on my way (one day). So I like to pick the brains of other successful agents and business people on occasion. Although there is a wide range of things that they share with me, there is one thing that most have in common. "You sure picked a tough time to … (1 comments)
sellers: Note to Sellers
- 12/01/08 10:52 PM
Here is an entry to people who are considering selling or are selling their property now...Don't get discouraged with what you see on TV, newspapers or what you have heard. It is true that the majority of properties are sitting on the market for months, but there are others that are selling in a much shorter time. The main objective is to get your property sold in the least amount of time, right? This way you don't have to make mortgage payments on your house while it sits vacant and the listing gets cold. With my proven track record I can … (1 comments)
Chris M.T. Bodden's perspective on the local real estate market in Hawaii.
I am committed to serving my clients needs in all aspects of real estate, & being their 'go to guy' when it comes to real estate. I specialize in residential real estate on Oahu/HI, covering everything from luxury properties to short sales & foreclosures. With the high number of foreclosures & short sales in todays market, I have adapted to keep the upper hand & make sure that my clients get the best service possible. In addition I also work extensively with people in the military who are relocating to or from Hawaii. First time home buyers are another major area of my expertise. I used to be a Loan Officer this is a huge asset to my clients because I can help point them in the right direction & make sure that they are getting the best deal possible. I have yet to have a client who has not been satisfied with my service. Buying or Selling real estate I can help you.
More information at www.BoddenRealEstate.com.
So I had a contract signed, great price for my seller and a quick close....Great Job right? Not really!!! This was in January and a couple days after opening escrow a water heater leaked (property was vacant) on the 2 units directly below my sellers. Now what to do? File an insurance claim, send in paperwork, wait, get a few quotes from contractors, wait, wait, check with condo association make sure things are moving forward, wait, wait and more waiting, uncooperative owners in units that were damaged....so I think you get the point. 
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