Mark L. Ostrovsky's (marcopolo) Blog

By
Real Estate Agent - Howard Hanna Real Estate Services

ARCHIVED BLOG POSTS

2010 

"I expect my agent to find a buyer for my house. I'm comfortable having my agent on both sides of the deal." Does it make sense that your agent can negotiate the best price for you ... and also negotiate the best deal for the buyer of your home? If you were in a lawsuit would you feel comfortable...
01/31/2010
RealtyTrac's 2009 foreclosure stats are in and cities in California, Nevada, Arizona and Florida account for the top 20 foreclosure rates in the U.S. The worst hit city is Las Vegas with one in every twelve households being foreclosed upon last year. Cape Coral, Florida is in a very close second ...
01/28/2010
In 2006 it was touted as the largest single residential real estate deal in U.S. history. That's when Tishman Spyer paid a whopping $5.4-Billion for N.Y.C's Peter Stuyvesant Town and Peter Cooper Village ... which consisted of a total of 11-Thousand apartments. Tishman Spyer essentially paid $500...
01/25/2010
"I'm going to price my property higher than what I expect to get because it's smart to leave room for negotiation." On a good day savvy sellers relied on their real estate agent's Comparative Market Analysis to price their house. With the expectation that prospective buyers will negotiate on pric...
01/25/2010
The National Association of Realtors reports that existing home sales plunged 16.7-percent in December, 2009. This adjustment comes as little surprise since, prior to the extension of the Tax Credit, it was expected that November would be the last month in which buyers could qualify for a federal...
01/25/2010
Bad news today from the U.S. Supreme Court for those opposed to corporate contributions to political campaigns. By a 5 to 4 vote the Court ruled that the 20 year old rule that barred corporations from unfettered spending on candidates that they either support or oppose. This is the most significa...
01/21/2010
Cuyahoga County Real estate or property taxes are paid twice a year, though you have the option of making one payment or paying in monthly installments. Unlike many jurisdictions across the U.S., the taxes in Cuyahoga County vary from one suburb to the next. Property taxes are the primary source ...
01/21/2010
"My house sold too quickly because my agent convinced me to under-price it so they could make a quick sale." How long do you think an agent would stay in business if they made it a practice of under-pricing homes? Alienating clients is not a good business model when you consider that successful a...
01/20/2010
LOW CREDIT SCORE? HIGHER FHA DOWNPAYMENT! The Federal Housing Administration has announced that it is raising its minimum down payment for buyers with lower credit ratings. Those with a credit score below 580 can now expect to put down at least 10-percent. Those whose credit score is above 580 ca...
01/20/2010
THE DOWNSIDE OF A HOME LOAN MODIFICATION With hundreds of thousands of upside-down homeowners suffering from the housing market meltdown,  more and more of us are looking to loan modifications as the answer.   If you're lucky enough to even get a decent loan modification your credit score will am...
01/19/2010
Rainer
41,331

Mark L. Ostrovsky

Howard Hanna Real Estate Services
Ask me a question
*
*
*
*