buying: The Time is NOW... The market is going to change DRAMATICALLY...
- 12/03/08 10:02 AM
As you are aware, my industry has been hit very hard. Over 1 million agents have gotten out of the business. Thousands are dropping out every day. Only the experienced veterans-those who have been tested in markets like this before, are surviving. Some of our current clients have postponed their plans to sell or buy real estate. They're not sure about the "bailout" and whether it will help matters or not. The media scares people. They are "waiting" for the bottom to hit before taking any action. But how does anyone know when we've hit bottom? The answer is - when (0 comments)
buying: Buying vs. Renting
- 04/18/08 04:36 AM
Buying vs. Renting Although some renters believe that renting is "maintenance free", they are actually paying for maintenance in their rent - whether they need it or not. Renting offers you no equity, no tax benefit, and no protection against regular rent increases. If you are paying rent, you are really just paying someone else's mortgage. Writing a check is just like watching your hard earned money work for someone else. Let's compare. Rent vs. Owning_____ Monthly Payment $1,000 Monthly Payment $855 Insurance $30 Insurance $50 Taxes $0___ Taxes $260 MIP Insurance $45___ Total Payment $1,030 Total Payment $1,210 SAVINGS_ Interest Deduction $0 Interest Deduction $175 Tax Deduction $0 Tax Deduction $75 (6 comments)
What's going on in this Short sale market in Vancouver Washington?" is a what many of my clients in the price range of $150,000 to $200,000 are asking. It seems that a greater portion of the homes available in this price range are in Short Sale. What this means is that the sellers are in a position of needing to sell their homes for less than they currently owe the bank. The bank in turn accepts the sale of the property for less then what is owed. This is a great deal for buyers!!!! However it takes a lot of patience from the (22 comments)
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Tesha Perry
Realtor, GRI Vancouver Washington, Battle Ground W
This blog is about real estate in the Vancouver Washington, specifically in Battle Ground, Brush Praire and Hockinson. I am also licenced in Oregon. Gresham and SE Portland real estate. I specialize in short sales and foreclosures.