Archive for November, 2006
Recent Pre-Forclosure
Wednesday, November 29th, 20068 Steps to the Auction process
Tuesday, November 21st, 20061. Evaluate the property.
2. List the property.
3. Select the date.
4. Auctioneer develops a marketing plan.
5. Auctioneer executes the plan.
6. Schedule the showings 2 to 3.
7. Pick a auction date.
8. Get the 10% non-refundable deposit from the buyers
5 Best reasons to have a Real Estate Auction.
Tuesday, November 21st, 20061. Buyer pays the commission.
2. Auctions create a competition, as a consequence the price can exceed the asking price.
3. Having an auctions is an exciting and intense situation which can increase the buyers curiosity.
3. Auctions create the the most exposure in the least amount of time and speeds up the selling process.
4. Seller retains control of the situation while setting terms and conditions.
5. Seller can actually plan the sales date.
Auctions, Auctions, Auctions
Wednesday, November 15th, 2006Auctions, attention sellers tired of paying commissions.
Yes that’s right the buyer pays the commission.
How would you like to have buyers competing for you home in a market like this?
When you auction your home there are no contingencies.
There are only 2 scheduled showings.
E-mail me if you’d like to see if your home qualifies.
10 Most Common Things Your Lender Need To Do A Short Sale.
Tuesday, November 14th, 200610 Most common things your lender need to do a Short Sale.
What Is The Bank Looking For In A Short Sale?
Wednesday, November 8th, 2006I’m sure by now you’re wondering what the banks are looking for when you have to surrender you home to the bank or commonly known as Short Sale you home. Every bank is different and every bank is the same they want to know that you’ve tried to do everything under the sun to save the roof over your head sell your assets motor home extra vehicles, cash out 401Ks deplete all savings and so on. The bank does not care about your credit or your assets they want to know that you tried every attempt to try and save your home. This is not a situation where we can say I maxed out all my credit cards and now I can’t make my mortgage payment. The bank wants a serious reason for instance, death in the family, hospitalization, loss of job etc..
Remember the bank is going to lose a lot of money and they want to know it can’t be helped.
After a Short Sell How Soon Can I Buy Another Home?
Wednesday, November 1st, 2006If I’m SHORT SELLING my home how soon can I buy my next home? hummmmm. Well since the mortgage will show up on your credit report as settled there is no reason why you with a little time in between and maybe a little higher interest rate depending on time laps won’t be in your new home within 1 to 2 years with newly established credit.
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