When you’ve listed your home and your real estate agent is about to show it, the difference is in the details. As potential buyers walk up to your house and open the front door, their senses go off like alarm bells. First impressions are made in less than a few seconds. The last thing you [...]
The Top Reasons Why you Shouldn’t Wait on the Buying Sidelines any Longer
by Tina Fountain on December 7, 2011
Should I or shouldn’t I buy a home now? That is the question many potential home buyers are asking themselves. With so much conflicting information from the media, it may be quite difficult to decide if buying is the right thing to do now. Although the economy hasn’t fully recovered, for most people now is [...]
Attention U.S. Government: It is Time to Act
by John E. Miller on December 2, 2011
The current economic situation within our country and the prolonged foreclosure crisis is becoming entirely too much for many people to handle. Recently, information was released that indicated that the Feds provided banks with $7.7 trillion in bailout money that was kept secret from American taxpayers. This information has made struggling homeowners and those who [...]
Homeowners, Bad News: Foreclosure Market Isn’t Even Halfway Over
by John E. Miller on November 21, 2011
In what will certainly put a hamper on the mood of many homeowners across the country, experts indicate that the foreclosure crisis that has paralyzed the American real estate market for close to five years is not even halfway over – which means more is yet to come. Industry experts, including the Center for Responsible [...]
18% of NAR Members Reported Their Most Recent Sales Contract Did Not Go To Closing
by Anna Platz on October 27, 2011
The September 2011 REALTOR® Confidence Index released by the National Association of Realtors® revealed that 18% of NAR Members indicated their most recent sales contract did not end a real estate closing. The cancellations were due to appraisal issues (3%), potential buyers not being approved for mortgage financing (4%), or other problems (11%.) Real estate [...]
3 Tips to Revamp your Home Listing
by John E. Miller on September 21, 2011
With the current real estate issues, properties can sit on the market for ages and fail to receive realistic offers. As a result, sellers become jaded and continue to lower the listed price without receiving much success. If the home you are trying to sell is at a standstill, what do you do? First, it [...]
The Hispanic Community & Real Estate Recovery
by John E. Miller on September 7, 2011
Over the last few decades, especially before the end of 2006, many people invested in real estate properties and made a fortune by either flipping the properties are renting them out. Over the last few years the real estate market has had a lasting effect on many investors leaving them weary and hesitant to purchase [...]
Non-Distressed Property Sales Are Shrinking, Say the Numbers
by John E. Miller on August 26, 2011
The real estate market has had its share of ups and downs (mostly downs for homeowners) over the last decade, but now the housing market may actually be shrinking. Numbers released yesterday reveal that nearly one-third of all home sales in the United States from April to June of this year were distressed properties, which [...]
How to Find a Celebrity Home for Sale
by John E. Miller on August 2, 2011
Finding the right homes in the real estate market today to purchase is not the most difficult of tasks. The over-abundance of supply – including foreclosures as well as traditional homes for sale – gives prospective buyers a wealth of options. The lower home prices certainly don’t hurt matters, either. Some of the best targets [...]
Commercial Real Estate in Columbus Ga and Fort Benning
by Wayne Long on July 2, 2011
The Expansion of Fort Benning due to BRAC has caused a boom in the Commercial properties in Columbus Georgia. Columbus has become a hot bed for Colleges geared toward adult learning. Military families take advantage of the incentives the military offers to get an education while in the army. It is also obviously an ideal [...]
Why this Jacksonville Home Sold in 5 Days
by Brad Officer on March 28, 2011
Why this Jacksonville Home Sold in 5 Days: The Owner: Understanding the competitive market, this owner did every possible to make their house stand out. This included updates to curb appeal, touch up paint, routine maintenance, and heavy cleaning. The Price: We studied comparable home sales within their St Augustine neighborhood. We switched gears to [...]
Americans Remain Upbeat About Homeownership
by Brian Ripp on March 21, 2011
Even as many homeowners struggle to make mortgage payments and foreclosures weigh down the housing market, 70 percent of Americans still view homeownership as part of the American Dream, according to a recent Trulia survey. More than three out of four homeowners (78 percent) say their homes are the best investment they ever made. Only [...]
Foreclosures Before the Clean Up
by Hank Miller on February 21, 2011
Many buyers are convinced that foreclosures are the way to go – lenders are willing to drastically cut prices just to move inventory. Buyers however, often lack a clear understanding of the process and what “as is” really means. Being an appraiser specializing in distressed homes gets me inside right after lenders take them back, and what I see never fails to amaze me. I’m also amazed at how little buyers really understand about the hazards of foreclosure properties.
Five Signs You may be Ready to Purchase your First Home
by Tina Fountain on February 13, 2011
For many individuals, the idea of purchasing a home is a bit of a scary prospect. However, with the right tools and plenty of knowledge, you can move forward and become a homeowner.
5 Things Your Sellers Need to Do Before Putting their Home on the Market
by Real Estate Training on January 27, 2011
Here are 5 Things Your Sellers Need to Do Before Putting their Home on the Market. Make sure they are checked before putting a house in the market.
Phoenix Multi Family Vs. Single Family – Play it Safe?
by Marc Brodeur on January 19, 2011
In today’s current economic market, there are many questions that arise as to which type of investments are safest. Whether it be Arizona Multi Family or Single Family, there is no one answer. There are certain factors to consider including the goals, finances and the needs of the investor. MultiFamily allows one to get economies [...]
With Phoenix Employment on the Rise, How Will This Affect the Commercial Real Estate Market?
by Marc Brodeur on January 19, 2011
The local Phoenix market continues to improve with additional private sector jobs, although national unemployment is currently still arise. Phoenix and Arizona can lead the nation into recessions and also easily help the nation out. This is because employers can lay off employees easier and hire them back as required. While that can be ugly [...]
What Appraisers Can Expect in 2011
by Amelia R. Hyden on January 13, 2011
Earlier this month, the Standard & Poor’s Ratings Services (S&P) stated that it will take longer than predicted for the U.S. housing market to absorb distressed and foreclosed properties. This means that prices may continue to be low over the next several years. Although foreclosures are slowing, borrowers are continuing to default on their mortgages. [...]
Investing in a Vacation Property?
by Alex Cortez on November 6, 2010
Practicing real estate sales in a destination location, many of the inquiries received are from potential buyers interested in buying a second home. For many who have the financial means, purchasing a vacation home/condo has the allure of being a solid ‘investment’ and providing accommodations for those family vacations. However, before purchasing a second home, [...]
Gulp, $35 Million Hilbert Mansion Sells for $3 Million
by Indianapolis Real Estate on October 20, 2010
It must be heart-breaking to see your $35 million home be sold for just $3 million. Former CEO Stephen C. Hilbert and his wife Tomisue lost their home to CNO Financial, formerly known as Conseco, in order to make up for outstanding debts with the company. The lavish French country estate had been for sale [...]
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