keller williams: The Good, The Bad, and The Ugly
- 08/17/08 11:58 AM
The good of course is Team Savoie, your local real estate professionals. The bad is the current state of the economy. I say current because it will get better. I know there are some that would have you believe that the economy is and will forever be terrible. In respect to real estate, if you're a buyer and planning to own the property for more than a couple of years then buy everything you can! The ugly can be property taxes. I say can because yours may not be as bad as you think. First, if your property is still damaged … (0 comments)
keller williams: “For Sale By Owner” aka "Enter at Your Own Risk"
- 07/31/07 02:40 PM
Many sellers try "For Sale By Owner" for the following reasons: Attempting to save on commission. Selling for the challenge of it. Not knowing a reliable agent. Now here are some questions you might consider before selling your home yourself: Are you comfortable with contracts and how to fill them out properly? Are you aware of the many different types of financing available for buyers? Are you aware of the documents required for closing and how they are filed? Are you familiar with the required disclosures and the consequences of failing to disclose defects? Can you afford not to have you house marketed … (0 comments)
keller williams: What is a short sale?
- 07/20/07 03:37 PM
A short sale is a sales transaction in which the seller's mortgage lender agrees to accept a payoff of less than the balance due on the loan. For homeowners who are upside down and can no longer make their mortgage payment (because of either a job loss, divorce, or an option ARM that's resetting higher), up to now the only option was to let the bank foreclose. That stays on your credit record for at least 10 years. Some experts are now advocating a "short sale." If your bank agrees to a short sale, you would list your home with a … (0 comments)
keller williams: Slidell Residential Sales Stats as of 6/30/2007
- 07/15/07 05:08 AM
In a nutshell, average sale prices are up 12%, total sales are down 42%, and houses are staying on the market much longer. These statistics are a comparison of the first six months of 2007 compared to the first six months of 2006.
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keller williams: Fannie Mae Offering New Loan Program
- 06/08/07 01:18 PM
The program, Community Investment Mezzanine Fund or CI Mezz-Mod Rehab for short, is designed for multifamily properties undergoing rehabilitation. The program offers many benefits to investors such as higher leverage, flexible funding, and supplemental financing. The minimum loan amount is $500,000 so I won't be using it this week. You can get more information at Fannie Mae's website: www.efanniemae.com/mf/finsolutions/products/pdf/cimezzmodrehab.pdf. … (0 comments)
keller williams: Why be an agent with Keller Williams Realty Slidell?
- 06/03/07 08:27 AM
Because Keller Williams Realty has done what nobody else has! 1. The highest commission structure with little or no risk to the sales associate! You start with a 70/30 commission split. Once you reach your annual cap your commission is yours...no split! Note: We started making 100% commission within 8 months. 2. Every sales associate, regardless of production, has the same annual expense cap amount. This makes a level playing field! 3. Profit sharing offers Keller Williams agents an additional income stream even after they leave their real estate careers. … (0 comments)
The good of course is Team Savoie, your local real estate professionals. The bad is the current state of the economy. I say current because it will get better. I know there are some that would have you believe that the economy is and will forever be terrible. In respect to real estate, if you're a buyer and planning to own the property for more than a couple of years then buy everything you can! The ugly can be property taxes. I say can because yours may not be as bad as you think. First, if your property is still damaged … (0 comments)
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