Bob Burkhard's (greatmdhomes) Blog

In these economic times most people are shopping for the best deal they can find. They wait to buy until there is a sale. When Macy’s has a sale, people show up to take advantage of high quality items that are offered at a lower price. Not only can you buy clothes, computers, cameras, etc. on sal...

Buying your first home is an important and exciting investment in your future. It can also be an intimidating adventure. The problem is that you don’t know what you don’t know, and that lack of knowledge can cause you to make significant and costly mistakes. It doesn’t have to be that way though...

  It takes two things working together to sell a house and one will not work without the other. A Fair Price and Exposure. Price is determined by many factors which include condition of the house, location, market demand, competition nearby, motivation of the buyer and seller, comparable sales, e...

The reason that some people like to close at the end of the month is that they will need less money out of pocket at the closing. This is because they will need less “prepaid interest” on the mortgage.Interest on the mortgage begins accruing on the date you close on your house. Since most mortgag...

As the real estate market continues to languish, and prices continue to drop I don't see the government doing much to help. The politicians keep talking about doing something to help those that are in danger of losing their homes to foreclosure but even that seems to be going nowhere. I believe t...

The latest REALTOR magazine has an editorial  in the Voices section talking about "sidestepping Short Sales". It inspired me to start thinking about why it takes so long to get answers from banks that are involved in short sales and why it takes months to get a decision.  The solution for the ban...

Getting your house ready to sell   It was just a couple of years ago that the Sellers held all the cards and were able to choose between multiple offers for their house. Demand was strong and supply was low. Buyers were involved in bidding wars to get the house that they wanted. They were accept...