Kay Riddle's (kayriddle) Blog

 I have been seeing the trend of the publics move away from large lot, suburban mansions. Back to neighborhoods with sidewalks, trails, community amenities and near town.  2 of my clients are discussing putting there house on the market, simplifying, downsizing. One lives in a 4500 square ft. 5 y...

Top 5 midrange renovations by return on investment Project Job Cost Resale Value Cost Recouped Deck addition (wood) $10,601 $8,676 81.8% Siding replacement (vinyl) $10,256 $8,274 80.7% Minor kitchen remodel $21,246 $16,881 79.5% Window replacement (wood) $11,512 $8,946 77.7% Window replacement (v...

Todays Blog is a complaint blog. March 25th, my buyer and the seller of this short sale signed an agreement for my client to purchase upon third party approval. I understand and expected a few months to go by. My client and I were not prepared for it to take 5+ months. This home is a piggyback co...

Bank Owned Properties: all negotiations are basically made between a Buyer and an employee of the bank/servicer (as opposed to an owner/seller). Standard purchase and sale agreements are used as well as the banks' own addendums and disclosures. Offers must be complete and filled out in accordance...

Credit scores were designed to help lenders gauge a borrower's risk of default. That's it. The only information used is what's in your credit report. The formula is particularly affected by: Whether you pay your bills on time. How much of your available credit you're using. How long you've had cr...