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Should You Try And Sell For Sale By Owner?

listing syndication

Let me guess. You want to sell your home. Or at least you WOULD sell your home if you COULD get the right price for it. And IF you can get the right price for it (because we all believe our home is a castle and that it WILL sell right away), should you try and sell for sale by owner? Smartest OR Dumbest? Depending on who you ask or what you read, trying to sell your home For Sale By Owner is either the SMARTEST thing you can do or the DUMBEST. You are likely to see the … [Read more...]

Best Cities To Sell A Home

Best Cities To Sell A Home 2011

Is there such a thing as a Best City To Sell A Home? According to Zillow the answer is Yes. If you watch the news, read the newspaper or listen to the radio you may have heard that the housing market is a mess. When I say a "mess" I mean foreclosures, short sales and rentals galore. That's if you watch the news, read the newspaper or listen to the radio. Would you be surprised to learn there are still markets where homes are selling and selling at close to the asking price? … [Read more...]

How To Sell Your Home

How To Sell A Home

There are a lot of stupid things on the Internet, seems like everyone wants to tell or show someone else HOW to do something they should probably already know how to do on their own. Would you believe there are over 3,650 videos on YouTube dedicated to "How To Change A Lightbulb". How To Sell Your Home would be one of these topics wouldn't it? I mean you hire a real estate agent, you agree on a listing price, your home is entered into the Multiple Listing Service [MLS], … [Read more...]

HEFI, Home Equity Fractional Interest-A Win/Win

Ask anyone that knows anything about our housing market and they will most likely agree that we need to keep more people in their homes to begin a housing recovery.  The problem is that loan modification as we know it is non-existent and short sale or foreclosure obviously don't do anything but make the situation worse. You would think that loan modification would be the best route.  You would of thought that until the FDIC  announced that over half of the borrowers who … [Read more...]

Fannie Mae Now Allows Buyer to Choose Their Own Title Company

Car Owner

You take a buyer out, after showing them 10-20 homes, they identify the home of their dreams, It's an REO, most likely.  Now you go through the hassle of getting in touch with the listing agent, is the house still available? You write a contract  on the house, submit the offer. There are 22 offers already. Counter-Highest and Best Contract Accepted-You Got it- Yipee! Now, you are told you have 24 hours to open escrow, oh yea and "You Must Use XYZ Title company in … [Read more...]

Your Arizona Home Was Sold At Auction-What Are Your Rights? UPDATED

You are having financial problems, you may be under employed or unemployed.  You can no longer make the payments on your home. You have submitted the necessary paperwork to your lender in the hopes of qualifying for a loan modification. To add a little more stress, your home is scheduled to go to public auction. As stressful as the above situation is, imagine this: While your attempting to qualify for a loan modification, there is a knock at the door. It's the new … [Read more...]

What’s Old Republic Title Agency’s Advantage Program?

AAH-the good old days- Remember the good old days when at the end of a signing your clients would get a copy of everything that was signed or reviewed at the closing? You know, that big heavy package filled with copies of the purchase contract, note, deed of trust, pre-audit, final HUD 1, title commitment, invoices, home warranty information, appraisal, signed loan documents, escrow instructions, seller payoff and new lender information? (Breathe) Well the old days are … [Read more...]

Strategic Default-The New Reality-Updated

Strategic Default is a buzz word this year. In case you live under a rock and have not heard of the term before, in a nutshell, strategic default is when someone intentionally "walks away" from their home, even though they could afford to make the mortgage payment. There are 2 sides to every debate and this one is no different. There are those that believe they made a commitment, gave their word and they should live up to their obligation. Period. Then there are … [Read more...]

Arizona Homeowners: How Changes In Short Sale Rules Benefit You.

A short sale of real estate occurs when a property is sold and the lender agrees to accept less than is owed on the property. The lender agrees to release the lien that is secured on the  property upon receipt of less money than is actually owed on the home. Until recently, a short sale usually occurred when a homeowner could not make their payment on the property. Until recently.... Breaking news regarding short sales. The rules are changing in regards to short sale.  In … [Read more...]

HAMP-Housing Affordable Mortgage Program-January 2010 Results

The Home Affordable Modification Program or HAMP allows for loan modifications for those that can no longer afford to make their monthly mortgage payments. You may qualify for a loan modification under HAMP to make your payments more affordable. Millions of borrowers who are current, but are having difficulty making their payments and borrowers who have already missed one or more payments may be eligible. Under HAMP the borrower must answer these 5 questions: "The Home … [Read more...]