If real estate were a three-ring circus – and let's face it, most of the time it is – short sales would be the main attraction. And what is a short sale? That is a question that I get asked often by buyers who see the bold “SHORT SALE” words in all caps in the... Continue Reading →
How to Calculate Seller Net Proceeds
The biggest question sellers will have is how much they will net in their sale after all fees are paid out. So let's get right down to it and break down seller closing costs.
Is Our Market Losing Momentum?
Word has spread recently that the housing market is suffering a decline, or at best a shift from the strong seller's market we have recently witnessed. Dozens of media publications have reported on the recent sales decline since last year. And why is that? Well, there are a number of factors. However, there is one type of property that appears to be finding strength amidst the softening market...
How Much Do Credit Inquiries Affect Your Score?
Often times, I encounter buyers that have not obtained a pre-approval or even spoken to a lender because they do not want their credit to be adversely affected by an inquiry. Unfortunately, most agents will not take buyers around that have not been pre-qualified. Time and gas are expensive, and few agents will invest in... Continue Reading →
Buying A Starter Home? Buy SMART!
Many buyers I meet find themselves looking for the perfect “starter” home. That is typically a home with 2 bedrooms or more, 1100 sq ft more or less, and they will generally settle for a single family house or condo/townhouse. Because prices in our area have skyrocketed, a relatively turn-key home that meets such criteria... Continue Reading →