lexington tn remax: How Much Will The Seller Take? What do you do when the comps don't support the asking price?
- 10/30/11 03:52 PM
As Realtors, most often, we do not know what the seller will take. They may have told their listing agent at time of listing contract, but things change, circumstances change, financial situations change, and so many other personal factors could impact a sellers decision on any given day. Great blog Pam. Enjoyed reading and you made some very good points. RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376 Linda Lipscomb 731-695-1118 LindaLipscomb.com
How Much Will The Seller Take?
It is a million dollar question isn't it? As a Realtor® I often hear home buyers ask that question. It's asked when … (2 comments)
lexington tn remax: Why do Underwriters feel the need to play GOD?
- 10/20/11 04:55 PM
Never have I seen more ridiculous requests from the underwriters!!! Great post and I think most of our buyers are getting so frustrated with the process. RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376 Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
What is becoming painfully obvious is that some Underwriters seemed to have developed a God Complex. They are more than aware that the fate of a loan lies in their hands and they, in my lowly opinion, are asking for more insignificant information just to make life difficult.
For example: (This is my listing- we are … (3 comments)
lexington tn remax: It's All About the Children!
- 09/18/11 06:02 PM
Abused and neglected children. Unfortunately, you can find them in all our communities. It seems unbelievable this could happen in our small, little, rural southern town or for that matter in Anytown, USA. But it does, everyday. For the last two years, I have had the privilege of working with an organization in our community known as CASA (Court Appointed Special Advocates). The mission of CASA is to recruit, train, and supervise community volunteers to be advocates for abused and neglected children in the court system. Seems pretty amazing to find volunteers willing to take on such a task. Well, we … (2 comments)
lexington tn remax: USDA loan monthly mortgage insurance is coming!
- 09/13/11 05:25 PM
It's great to see the 3.5% RD funding fee decrease to 2%. This is a great 100% financing program and is very popular in our area. RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376 Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
USDA loan monthly mortgage insurance Get ready for some upcoming changes to USDA mortgages. They are for the first time incorporating monthly mortgage insurance and its going to have an effect on how much you can borrow. The bad news is that your payment will increase however its not all bad. USDA mortgage insurance details: The USDA monthly mortgage insurancefor new … (0 comments)
lexington tn remax: I Have Money and STILL Can't Buy a House!
- 08/29/11 10:22 AM
Good points! Buyers do get very frustrated to lose out to an investor or any other buyer. If you are serious about buying, be ready to deal!!! RE/MAX Unlimited 10850 Highway 412 West Lexington, Tn. 731-249-5376 Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
In this market, if you have money, buying a house should be easy.... one would think anyway. I mean if you're credits good, you have money to put down and your jumping on the listing, why in the world shouldn't you be able to buy a house!? This has seem to be the case with a couple of my friends lately. … (0 comments)
lexington tn remax: Four great ways to blow your home purchase
- 08/27/11 05:05 AM
Great post!! Keep your credit picture the same from the day you get approved until your home closing day. It's critical!! Thanks for the list. RE/MAX Unlimited 10850 Highway 412 West Lexington Tn. 731-249-5376 Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
It happens almost every day. When you work in the regional office of a major lender you hear a lot of stories. When your wife handles a large portion of the files you hear even more. I have certainly had my share of these, too, even when the buyers are instructed, warned and threatened ... it happens. Do not quit your job. … (2 comments)
lexington tn remax: Would you go grocery shopping if you didn't have any money?
- 08/27/11 04:36 AM
Love this!! What a great way to explain to buyers the need to get their financing in order before they start looking at homes. RE/MAX Unlimited 10850 Highwy 412 West Lexington, Tn. 731-249-5376 Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
Would you go grocery shopping if you didn't have any money? I would feel so foolish if I went into the grocery store, got a shopping cart, and starting looking through the aisles... gathering up food that I like, for buying consideration if I didn't have any money. Maybe I had brought a friend along that I was going to ask her … (3 comments)
lexington tn remax: The "Big Six" Home Selling Factors
- 08/07/11 01:15 PM
These six factors are so accurate. Great blog on identifiying, the impact of each, and who controls. RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376 Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
Prince William County
Karen Kruschka's Web Site
Popular Prince William County subdivisions to consider are Eagles Pointe, Wellington, River Falls, Saratoga Hunt, Winding Creek, Lake Ridge, Westridge, Old Bridge Estates, Brittany, Montclair, Ashland, Port Potomac, Potomac Club, Rollingwood Village, Lake Terrapin, Lake Side and Meadowbrook Woods
Prince William County
Karen Kruschka's Web Site
Popular Prince William County subdivisions to consider are Eagles Pointe, Wellington, River Falls, … (0 comments)
lexington tn remax: Founder of For Sale By Owner Company Turns to REALTOR® for Help
- 08/04/11 03:50 PM
Thanks for the update! That's interesting to know and a wonderful reminder of how hard it is to sell your own home, especially in this market. RE/MAX Unlimited 10850 Hwy 412 West Lexington, TN. 731-249-5376 Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
Founder of For Sale By Owner Company Turns to REALTOR® for Help by TIM on AUGUST 4, 2011
From the files of stranger than fiction, the founder and former CEO of ForSalebyOwner.com, Colby Sambrotto, was unable to sell his OWN HOME so he turned to a REALTOR® to get the job done. According to The Wall Street Journal, Mr. Sambrotto gave up the FSBO … (3 comments)
lexington tn remax: Sellers – What To Do With a Low-Ball Offer
- 08/01/11 05:39 PM
Most offers in this market are taking far longer to negotiate. Mainly because the buyers are starting so very low. They keep watching those experts who say you can buy a nice home for $1000. Please, there are just not out there, at least in my area. Great blog Karen!!! RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376 Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
Sellers – What To Do With a Low-Ball Offer It’s difficult, but try your best not to be insulted by the offer. I know it’s hard!! But buyers listen to so many ‘experts’. Economists. Friends and … (0 comments)
lexington tn remax: Would You Take an Overpriced Listing? Yeah, Me too! A Change of Heart
- 07/15/11 06:00 PM
Great post!!! Value is an opinion. I have sent three appraisers to the same property only to find a huge spread of values. Fair comparables are harder and harder to find with the number of distressed properties, expecially in rural areas. RE/MAX Unlimited 10850 Highway 412 West Lexington, Tn. 731-249-5376 Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
In my 26+ years in real estate, I thought I had seen it all... well, not exactly all, here is a new one for me. I have been very adamant about NOT taking a listing that is not priced properly. Overpriced listings are bad for everybody, … (2 comments)
lexington tn remax: Tighter Lending Standards Results in Increased Mortgage Loan Rejections
- 06/25/11 11:51 AM
We are certainly seeing more loan rejections than approvals. It's tough out there. Sometime soon, hope we find a solution. What's it going to take to get the housing market on a recovery plan???? RE/MAX Unlimited 10850 Highway 412 West Lexington, TN. 731-249-5376 Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
Tighter Lending Standards Results in Increased Mortgage Loan Rejections A Wall Street Journal article reports that tighter lending standards has resulted in increased mortgage loanrejections in 2010. According the authors, Nick Timiroas and Maurice Tamman, mortgage lenders declined "In all, the nation's 10 largest mortgage lenders denied 26.8% of loan applications in 2010, an … (5 comments)
lexington tn remax: Will my house sell even if my neighbors house looks like crap?
- 06/23/11 04:21 PM
Tonight there was a news story on this problem. Especially foreclosure homes that banks/mortgage companies are not maintaining. Several neighborhoods have formed committees to work this issue. Even to the point of taking the banks to court to force them to maintain their assets. Shouldn't they maintain the properties they own??? RE/MAX Unlimited 10850 W. Church St. Lexington, Tn. 731-249-5376 Linda Lipscomb 731-695-1118 LindaLipscomb.com
"Will my house sell even if my neighbors house looks like crap?" That's a question I've heard many times lately, especially with so many foreclosures on the market where the property hasn't been maintained properly. There … (2 comments)
lexington tn remax: 10 Things Sellers Don't Like
- 04/18/11 04:20 PM
What a great list!!! If I were selling, I wouldn't like any of these either. Thanks for the list!!! RE/MAX Unlimited 10850 Highway 412 West 731-249-5376 Linda Lipscomb 731-695-1118 http://LindaLipscomb.com
10 Things Sellers Don't Like Do any of these fit you? Bet they do, like it or not.
* * * * * Being told their home is worth less than what they need or hope for Being told their home is cluttered and needs to be cleaned up and/or depersonalized Being asked to take care of deferred maintenance Agents who make appointments and don't show up Agents … (4 comments)
Lipstick on a Pig – Understanding the Dangers of Rehabbed Foreclosures
With millions of homes having been lost to foreclosure and millions more to come, savvy “investors” may purchase some of the best deals with the intention of turning them for a quick profit. Unfortunately, some of those “investors” have little knowledge of construction and use their skills as “make-up artists” to … (1 comments)
As Realtors, most often, we do not know what the seller will take. They may have told their listing agent at time of listing contract, but things change, circumstances change, financial situations change, and so many other personal factors could impact a sellers decision on any given day. Great blog Pam. Enjoyed reading and you made some very good points.
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