OPEN HOUSE - - A COUNTERPOINT TO DO YOU DISCLOSE WHY YOU'RE HOLDING AN OPEN HOUSE? OPEN HOUSE? They can work, but only IF the agent on duty is holding the house OPEN for the purpose the activity was intended. If your heart isn't in it, don't waste anyone's time and give false hope to the seller
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02/28/2013
In the news today are descriptions of the danger of sequestration: What? A shortage of meat inspectors?? The Secretary of Agriculture warns about this danger. Read about it HERE. Now I see this as a perfect time for folks who are trying to improve their diet, lower their cholestrol, etc. Ea
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02/28/2013
BUYERS' AGENTS: How much earnest money do you recommend that your buyer make when writing an offer? That question is not as simple as it would seem. The dynamics of making and offer and achieving a ratified Contract of Sale are far more complicated than many would think. This morning I reblog
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02/27/2013
PRICE ISN'T EVERYTHNG. I would also want the prospective buyer's earnest money to be a reasonable amount (not walking away money) and deposited when the contract is ratified, not when the lender approves the sale. Courtesy, Lenn Harley, Broker, Homefinders.com, serving home buyers in MD and VA. ~
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02/27/2013
BUILDING INDUSTRY GOING TO WALL STREET FOR CAPITAL?? Well, if the banks won't lend, why not??? Well, as IPOs go, the TPH was not particularly auspicious, if one purchased at the offering price. That said, the company will have valuable working capital and that's a good thing. Let's hope they l
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02/27/2013
HOUSE TO HOME OWNER: "TAKE CARE OF ME NOW or PAY LATER". Market value is determined by several factors: (1) location, (2) square feet & amenities, and (3) condition. Market value, as determined by an appraiser, will also include an analysis of nearby similar properties that have recently SOLD.
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02/26/2013
HOUSE TO HOME OWNER: "Pay now or pay later". Market value is determined by (1) location, (2) square feet & amenities, and (3) condition. The owner can't change the location. The house is where the house is. The owner can't change the square feet or amenities without a significant investment. T
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02/26/2013
NATIONAL does not work for appraisals. George writes about proposals to reform the appraisal process. The one that I find most appealing is. . . "Set standards and processes to ensure the engagement of the best residential appraiser for the assignment." I would, however, restate that proposal to
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02/26/2013
If a home owner could refinance that home with a high interest rate and negative equity THEY ALREADY WOULD HAVE DONE SO !!! Inspired by an ActiveRain post, Could This Be The End of Foreclosures? By Dan Polimino. A RADICAL IDEA TO REDUCE FORECLOSURES!: A new rule proposed by the CFPB beginning Jan
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02/25/2013
COMING SOON. Is it? Or, isn't it? Is it for some but not others? Is "Coming Soon" directed to home buyers? Is the message directed equally to BUYERS' AGENTS??? YOU'VE SEEN THEM. We've all seen them. Driving through a neighborhood or countryside, a real estate yard sign has a sign post wit
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02/24/2013