Some great advice from the pages of Trulia:
1. Get – and stay – clear on what “bargain” actually means. Learn the difference between the asking price and the fair market value of a home. Many buyers think a bargain is any sale price below the asking price. But a home’s asking price is an indicator [...]
By Dave Hill
Prime Mortgage
Misconception: If you pay list price, you’re paying too much. If you don’t know what the current market value is for homes in the area and whether the market is appreciating or depreciating, you don’t know what a fair price is and you’re likely to miss out on a great deal by [...]
By Dave Hill, Prime Mortgage
Short sales continue to rise! Short sales, a sale in which the homeowner sells for less than the mortgage amount, continue to rise. Market survey data indicates that, nationwide short sales are growing, although the rate of growth varies, typically in sync with the underlying health of a region’s housing market.
The [...]
Great market update from Inman News.
With distressed homes accounting for a smaller proportion of sales nationwide, median prices for existing homes were up from a year ago in nearly two-thirds of the 155 metro markets tracked by the National Association of Realtors during the second quarter.
Distressed homes accounted for 32 percent of sales, down from [...]
What a fantastic article from the pages of Real Trends. I couldn’t agree more!
Why do we tend to take something simple and complicate it? Selling real estate is comprised of these four basic steps:
1. Consistently find people that need to buy or sell.
2. Provide them with excellent service.
3. Tell the world you did it.
4. Repeat [...]
We’ve all had them: the clogged drain, the ripped vacuum hose, the unsightly hole in the wall. Home repair emergencies like these are the last thing you need when you’re running out the door, running after the kids, or fielding other household chores. Channel your inner MacGyver by taking advantage of one common household item [...]
Read more »Why isn’t your home selling? It could be a number of reasons like price, condition, neighborhood and yes – maybe even your real estate agent. Here are three quick tips to sell your house today:
Price your home ahead of the market. This means you need to be priced lower than your competition. Take the time [...]
Read more »I just had the unique opportunity to watch the legendary Lou Holtz deliver an inspiring speech about “comebacks” to a crowd of 2,000 Realtors. Let me start by saying what an incredible presenter Lou is. Imagine this 80 something, 150 pound, 5 foot nothing man that has a speech impediment and you would think there [...]
Read more »I recently had an opportunity to participate in the greatest business competition in the world – The Apprentice.
There was one common theme with all of the contestants; we all seized the moment. We didn’t focus on the past or what the future might bring, we focused directly on the task at hand. We weren’t [...]
By knowing how much mortgage you can handle, you can ensure that home ownership will fit in your budget.
Here are six surefire ways you can get your finances in order before you buy a home.
Homeownership should make you feel safe and secure, and that includes financially. Be sure you can afford your home by calculating [...]
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