From the monthly archives:

July 2010

WHICH PRICE: Original? Asking? Listing? Selling?

July 21, 2010

As you read articles about the percentage of sales prices as compared to the list price,  you may not be aware that in many cases the public is not getting the whole story.  It’s not a conspiracy.  Instead it’s a technicality in the way properties are listed and sold through Multiple Listing Services (MLS’s) across [...]

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Disappearing ‘Distressed’ Markets

July 20, 2010

Many of our clients don’t realize that today’s borrowing climate actually has a ratings system for geographic rankings that loan insurers refer to as ‘distressed markets’.  Your own credit history may be fine, but your new property could cost more in loan fees if it happens to be in one of the designated distressed markets. [...]

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Foreclosure Trends

July 20, 2010

In May the National Association of Realtors updated its data on foreclosures and short sales for May 2010. These statistics reflect the monthly number of properties nationally that are affected by the Short Sale & Foreclosure processes. In addition our agents track weekly information such as area bankruptcies, which can be a precursor to short [...]

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A Study Period.. Why would you want one?

July 20, 2010

What is a Study Period, and who would want one?   Because of the complexities of purchasing a property with acreage (as well as purchasing land for development or commercial buildings etc)… We encourage buyers to request a ‘study period’ in their offer to purchase.  Among the differences between the study period and an ordinary home inspection of the [...]

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