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 of the seller’s intention, and can be roughly [...]

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The economy is stabilizing. Home prices are holding. It’s not just as good a time as ever to buy a house, IT’S ONE OF THE BEST TIMES EVER!! Here are five overlooked reasons why now is a great time to buy a house. 1. Low mortgage rates serve as an equity shock absorber. When buyers [...]

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Where should you start when you want to buy a home? The first place I would start is by contacting a reputable mortgage broker, or your local bank. You should have the loan officer pull a tri-merge credit bureau to see if there are any mistakes. If so, this gives you time to correct any [...]

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  THE PERFECT STORM IN REAL ESTATE!!   Buy now or you might regret it later……Buying a home is one of the biggest decisions an individual can make.  So, it’s understandable that one considering a home purchase may take their time to avoid rushing into such a large financial commitment.  However, several factors might leave [...]

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Short Sale- Myth # 2 Myth # 2: It’s smarter for homeowners to walk away than to short sell their home. As Tara-Nicholle Nelson says in her article Yes and No. “Increasingly, I’m hearing those who own upside down homes ask why they would bother with a short sale, when they could just walk away [...]

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Short Sale Myth # 1: That there is anything typical, standard or normal when it comes to getting a Short Sale approved? No, typical is not in the vernacular for these transactions. The bank is the power broker in Short sales. They can respond to an offer any way they want. “They may counter at [...]

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