real estate: Wasn't sure if it was a good time to buy? Oops!
- 02/11/11 03:45 AM
I've been telling buyers and sellers for weeks now to make a move. Sellers stand to face tough competition from a pending tsunami of foreclosures. Buyers who think that they may want to wait to see if prices go any lower, well, guess what? You've already waited too long. Look at this chart from today's KCM blog:
KCM also says:
"By sitting on the sidelines for the last 90 days a purchaser lost: $89.44 a month $1,073.28 a year $32,198.40 over the thirty year life of the mortgage" Further: "Even if prices fall another 10% this year, the … (5 comments)
real estate: Who needs title insurance? YOU do!
- 02/02/11 09:52 AM
Recently I had a conversation with Lisa Wilson from Lawyer's Title in Dallas, TX regarding the importance of a title policy. Good to know info! … (0 comments)
real estate: Love Your Realtor? Here's a Secret: Thank Them Globally!
- 03/15/10 04:24 AM
Most Realtors have a tagline on their business card and emails about referrals. It goes something like this: "The best compliment I could receive from you is a referral to your family and friends." Referrals truly are the lifeblood of our business and critically important to any Realtor’s ongoing success. I have some amazing clients who send friends to me with all kinds of questions about real estate and buying or selling a home. I'm appreciative of every phone call or email contact, believe me! But here’s the thing about referrals that has changed over the past few years (and technology has … (0 comments)
real estate: How (curb) appealing are you?
- 03/08/10 07:56 AM
Sellers, I have to be honest. I have driven buyers to your house for a viewing appointment only to have them say "keep on driving" and guess why? They don't like the "curb appeal". Most sellers have "gotten the memo" that they need to be sure the kitchen and master and master bath are as updated as they can afford but if the exterior is neglected, it could cost you a sale. Here are a few great tips for your home to be more curb-appealing from howstuffworks and the experience of a seasoned real estate professsional: 1. Take care of your yard. Your … (2 comments)
real estate: Oscars and Real Estate? You can't have one without the other...
- 03/07/10 09:56 AM
Our micro-family watches the Oscars with the enthusiasm that most people exert over the SuperBowl. We actually refer to it as "Our Super Bowl". But there's actually a real estate component. There are literally multitudes of Oscar-nominated or Oscar-winning films where real estate is a key player. A prime example is "Gone With the Wind" (who can forget "Tara"?). There are many others such as "Out of Africa", "Lawrence of Arabia" and "Grand Hotel". And some that didn't actually win any awards but the primary stage was a home (or castle) such as "Remains of the Day" or "The Big Chill". One … (1 comments)
real estate: "It is what it is"
- 05/03/09 04:22 PM
That's a direct quote from an agent. One I'd like to recommend for early retirement. It's an interesting market -- changes almost daily as the summer season nears. Sales are increasing, more buyers are looking and actually making offers now. And because of the economic climate and because I take my profession seriously, I provide a comparable market analysis as well as a market absorption analysis for my buyers and my sellers. Facts are hard to argue with. When a buyer I'm representing wants to make an offer on a house, I contact the listing agent and ask if he/she would … (0 comments)
real estate: Are foreclosures really a bargain?
- 03/27/09 04:02 AM
Are foreclosures truly a bargain? Steve Brown talks about auctions in the Dallas Morning News today. It's a good overview of the auction process but also echoes what agents have been saying for the past six months: don't expect foreclosures to be priced at 50 cents on the dollar. Why? Because the mortgage company owners have done their due diligence and know what the market value is. The list price is typically about 85% - 90% of the market value and that's the amount the mortgage company is looking for. Auction properties, as Steve points out, most often are properties that have already … (0 comments)
real estate: A Realtor really IS your new best friend
- 03/26/09 10:28 AM
Most likely you know someone who has lost their job or may be aware of someone who's near the edge financially and trying to keep up their mortgage payments. Millions of people are swimming in debt, barely treading water. 1. Your mortgage: There are options available to people who are having difficulty paying their mortgage. One possibility of course is selling the home, but there are others. 2. Credit issues: There are reputable companies available to help you turn your credit around, sometimes in as little as 90 days. The best advice I can give you is to make sure those you … (0 comments)
I've been telling buyers and sellers for weeks now to make a move. Sellers stand to face tough competition from a pending tsunami of foreclosures. Buyers who think that they may want to wait to see if prices go any lower, well, guess what? You've already waited too long. Look at this chart from today's KCM blog:
;)
;)
;)
