While showing bank owned (REO) properties I have had numerous problems with people coming in the home without an agent while I am showing the property to my clients. When they walk in I ask them if they are with an agent and when they say no, I politely Read More...
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I am beginning to see lease listings with "foreclosures okay" in the descriptions welcoming people to apply for a lease who have lost their homes due to foreclosure and now have damaged credit. There are many families right now needing to lease a home Read More...
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The Feds just announced a plan to delay foreclosures to allow more time for distressed homeowners to work out solutions with their bank. Lenders will contact homeowners that are 90 or more days overdue and be given the opportunity to delay the foreclosure Read More...
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http://www.youtube.com/watch?v=12yD8JyaVvY Read More...
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I'm sure all of us have received "sloppy offers"...a Purchase Agreement submitted on an outdated form, or missing the buyer's or selling agent's signatures, or missing other vital information such as financing terms. In these cases, I ask the selling Read More...
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Our office has an Office Fund to which every agent is expected to contribute a small amount of dues. The dues pay for coffee, tea and paper supplies for clients, the office microwave and small refrigerator and their maintenance, balloons and helium for Read More...
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The market has changed, homes are no longer selling like hotcakes. During the market craze, once a property was listed, agents would fax their offers to the listing agent as soon as possible to hopefully get the home for their buyers before someone else Read More...
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What about helping out monetarily to save a transaction? I have volunteered to help monetarily in some cases to keep a transaction together. I represented the buyer on a fixer luxury home a few years ago. The home was in foreclosure and the seller could Read More...
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