Special offer

Opportunities - The Exist

By
Real Estate Agent with Dave Woodson

"Failure is not the falling down, but the staying down."

Mary Pickford (1892–1979)
Canadian actress

As, some of you may have heard existing home sales were up last month, or better yet beat expectations.  The talking heads were expecting 4.95 million and we got over 5 million.  That is good news.  Now, I am not declaring a bottom, far more knowledgeable people have done that and have egg on their face from it. 

But, we are going to see the rebound come from the "little" people from Main Street and not Wall Street.  While they wait for their bailout; we will create our own with responsible buying and lending, not getting in over our heads and helping each other out. 

You know the good ole days, when the older couple down the street would need a hand shoveling out the drive in the winter or when the young couple next door has a baby and you would take food over to them.  I know we all are feeling a bit of a pinch, but with gas getting cheaper we are finding a couple extra dollars here and there.  Here is what I am not going to like, is Papa Johns going to drop the $1.50 delivery charge that never went to the drivers or UPS going to lower their gas surcharge.  I doubt it. 

We need to make sure that we are still educating our buyers and sellers.  I am taking the extra time to answer any questions that I may clients may have and make sure they understand all that they are signing.  Spending the extra time now saves on the tension that you or they may feel at the closing table. 

Now has never been a better time to buy in the USA with the $7500 tax credit, the more realistic home prices and now the gradually increasing credit in the market.  If you are sitting on the fence get off of it.  If you have clients on the fence give them the gret options that they have here in NW Indiana

Dave Woodson

The #1 FHA Mortgage Lender

 

Comments (8)

Kevin Sandridge
Signature Home Funding - Winter Haven, FL
Winter Haven Mortgage Broker

I agree with you completely on this one, Dave.  Particularly with the point you make about the tax credit.  Though it is actually a loan that must be repaid over 15 years - there are some clear advantages.  Have a great conf. call on the Tax Credit available online with Mortgage Guidelines Expert Leslie Petersen of Mortgage Currentcy.com that can be heard here.  A little long - but thorough....

Kevin

Oct 24, 2008 05:32 AM
Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner
Chris Brown | Certified Mortgage Planners - Orlando, FL
Chris Brown 407.367.2974

dude, look up... LOL... no seriously... try looking at the camera =0)

 

Chris the implementer

 

Oct 24, 2008 05:57 AM
Jeff&Grace Safrin
F.C.Tucker 1st Team Real Estate - Valparaiso, IN
SpousesSellingHousesTM

Hi Dave - I agree the bailout starts on mainstreet not on wallstret - real estate is tanglible asset.....stocks are paper wealth - the housing market is what will turn us back around - great positive post and yes - your example of video blogging is what inspired us to do them! thanks

Sincerely,

Grace

 

Oct 24, 2008 08:21 AM
Dave Woodson
Dave Woodson - Chesterton, IN
Not the Average Agent

Chris, you already seen my response,

Kevin - thanks for the link, keep it up

Grace, you guys are the best, great to know you and your video is great, upbeat Jeff was a blast to talk to a week or so ago

Oct 24, 2008 03:25 PM
Caren Wallace
Premier Property Group LLC - Tualatin, OR
Portland Caren Real Estate

Real estate is not something that the talking heads can predict, we are always surprised at the results. POSITIVITY!!!

Oct 26, 2008 02:43 AM
Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner
Chris Brown | Certified Mortgage Planners - Orlando, FL
Chris Brown 407.367.2974

i am liking your re found enthusiasm for our industry my friend.

 

chris the implementer

Oct 27, 2008 03:07 AM
Dave Woodson
Dave Woodson - Chesterton, IN
Not the Average Agent

thanks Chris, I am back in love with it.  I know that soon just me and a few othwers will be all that is left in this area outisde of some banks

 

Dave

Oct 27, 2008 03:39 AM
Steve Dalton
219-465-8352 - Valparaiso, IN
Northwest Indiana Home Builder

featured on Porter County Group Dave.  I need to get that group back to active, interested in helping?

 

Calling for entries - NW Indiana Real Estate Professionals

 

THought you'd like to help me on this too

Oct 27, 2008 11:50 PM