Archive for February, 2012
Rent or Own?
As house prices continue to bottom out and its actually cheaper to pay a monthly mortgage payment then it is to rent.
Do you think more people will be willing to buy houses now that the price of rent is increasing?
Renting a house or even an apartment can be more of a cost then actually buying [...]
How are your REO’s?
How has your bank owned properties gone?
I have closed a few bank owned properties and all were very different. I had one that went very smooth which made my buyer happy; we actually closed 10 days early. Another one I had to go back a forth to get repairs done so the lender could approve [...]
Who Wins in a Foreclosure?
We all know foreclosures are affecting people everywhere but my good ole state of California is really taking a hit with foreclosures. According to Inman.com, California is the 2nd state with the highest foreclosure rate right behind Nevada. In the same article they list the top 20 U.S. metro areas with the highest foreclosure rates. [...]
Lack of houses affecting your buyers?
I have buyers right now that are so fustrated with the lack of houses out there. I feel the fustratration too, it becomes very personal to buyers and it takes a toll on them emotionally. This is something agents need to realize because if you do not show that compassion and understanding towards the buyers [...]
Staging a house, is it really worth it?
When listing a house your goal is to sell it quickly. Some Real Estate agents swear by staging a property. Some have never staged a house.
Why when buying a brand new house the models are always staged? Does this help buyers make the big decision to buy a house? As for me, I love going [...]
Taking Lenders to Court
Foreclosures are on the rise and with it foreclosure lawsuits are also increasing. Many previous owners are going after the lender for wrongful foreclosure process. This is a major problem with many people and some are seeking lawsuits saying they were wrongfully foreclosed on. It is difficult to win a case but if you have proof [...]
Making bets against homeowners
Have you ever bet on something that you knew was wrong but you did it anyway?
Most people will have an overwhelming amount of stress or guilt when they are knowingly doing something wrong, but that is where being a human and being a large government corporation differ greatly.
If you are the CEO of a large [...]
