The top 7 mistakes Realtors make while doing short sales make these listings more hassle, and far less likely to close, and end up costing agents money. Mistake #1 – Not knowing the listing is a Short Sale from the very beginning. If you don’t know that a home needs a short sale to get [...]
Entries from February 2009
7 Biggest Mistakes Realtors Make While Doing Short Sales – Mistake #1
Feb. 27th, 2009
Regulatory Solutions to Prevent the Next Housing Bubble
Feb. 27th, 2009
The regulatory solution proposed herein is simple, yet far reaching. It comes in two parts, the first is to limit the amount lenders can loan to borrowers with a rather unique enforcement mechanism, and the second is to increase the penalties for borrowers who commit mortgage fraud. The following is not in legalese, but it [...]
New Orleans Real Estate Screams Opportunity For Those With The Means To Buy
Feb. 27th, 2009
While housing market in the rest of the country is suffering and looking bleak, New Orleans seems to be making it through this economic crisis relatively unscathed. Like the rest of the nation, the area suffers from high unemployment, tighter and harder-to-get credit, and an overstocked inventory of homes for sell. The number of foreclosures [...]
Louisiana Real Estate is a Prime Investment Opportunity
Feb. 26th, 2009
If you’re considering purchasing real estate, Louisiana might not be the first place to enter your mind. Many Louisiana residents are still dealing with the aftermath of 2005’s devastating Hurricane Katrina. The unpredictable economy and increasing foreclosures across the country are also deterring many potential buyers and investors; however, those with good credit or funding [...]
Unique Real Estate Opportunities in New Orleans
Feb. 26th, 2009
There are few places in the United States with as rich and fascinating history as New Orleans, Louisiana. Real estate in the area is characterized by striking architecture and a blending of many styles, making the city an eclectic and charming mix of old and new. Although the real estate market is currently in a [...]
Changing Appraisal Methods would Prevent the Next Housing Bubble
Feb. 26th, 2009
Investor confidence in the market for CDOs and all mortgages was shaken during the decline of the housing bubble, and rightly so. Investors were losing huge sums, and nobody clearly understood why. There was a widespread belief these losses were caused by some outside factor rather than a systemic problem enabled by the lenders and [...]
Prop 60 – Great News for California Home Buyers Over 55
Feb. 26th, 2009
Are you over 55 and thinking about selling your home and moving into something smaller, but worried about the tax implications when you relocate? If so, you aren’t alone. As the baby boomers find themselves approaching retirement age and becoming empty nesters, their housing needs are changing along with their lifestyles – but inflation and [...]
Real Estate Home Loans: How To Get The Best Mortgage Loan For Your Needs
Feb. 26th, 2009
One of the most important parts of a real estate transaction is securing the right mortgage loan. Fortunately for today’s borrowers there are plenty of types and options available. It is a matter of having good enough credit, earning enough income and deciding on which type best fits the situation. Fixed Rate Loans The most [...]
How to Use Twitter to Give Your Real Estate Business More Personality
Feb. 26th, 2009
In the past several years the term networking has taken on new meaning, thanks to the internet and the ability to connect with people all over the globe instantaneously. And networking via social media platforms, such as LinkedIn, Facebook, MySpace, etc. has become very popular among business people. One of these social media platforms you [...]
Marin County Real Estate Profiles – Tiburon California
Feb. 25th, 2009
Punta de Tiburon, translated as Shark’s Point, was the Spanish name for the town now known as Tiburon. Originally a Miwok Indian Village, Tiburon prospered as a Spanish Land Grant settlement, and later became a bustling railroad town in the 1800’s. Today Tiburon is a busy waterfront town, reminiscent of a quaint New England fishing [...]