RECENT BLOG POSTS
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Make sure your short sale package is thorough.At a minimum, the lender will want to see: The offer to purchase your home, including the buyer's preapproval letter; Your hardship letter; A balance sheet listing your monthly income and expenses; Statements from your checking, savings and other asse...
06/05/2010
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Making your home pretty is something that a heck of a lot of people overlook.  Did you know that people constantly are looking at homes and I can tell you for sure that curb appeal is something that everyone is looking at.  A garden is a fantastic way to ensure that you get some curb appeal. Ther...
06/02/2010
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Does your yard have a freshly-painted fence, a smooth, green lawn and a well-trimmed hedge? A well-groomed yard is one of the most important indicators of proud ownership. Neighborhood pride can pay impressive dividends to homeowners.Even if you don't plan to move right away, a well-groomed yard ...
06/01/2010
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Pricing your home is one of the most important decisions you must make when selling your property. Some sellers want to price their home based on the return they would like on their initial investment, while others will base the price on what they need to buy their new home. Location, condition, ...
05/31/2010
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No matter how much storage space they have, most people feel that it's never enough. Most buyers put storage space high on their list of priorities for a new home, and all sellers must face the minor indignity of having prospective buyers open all of their closets to determine the size of each on...
05/30/2010
It is important to attract and keep great tenants when you own investment property. A good way to begin a positive tenant/landlord relationship is with clear communication about what you expect from your tenants and what they can expect from you.The written lease agreement spells out the legal ob...
05/29/2010
What is the best price for some real estate? Mortgage lenders, appraisers, and real estate brokers use what is called the "fair market value" (FMV). FMV is defined as "the price that a buyer is willing to pay and the seller is willing to take". Sounds great, but how is this price determined?The s...
05/27/2010
Title insurance is one of the closing cost items on the closing statement when a home is purchased. This insurance protects the buyer from defects in the title that are not discovered until after the closing. There are two kinds of title insurance--coverage that protects the lender for the balanc...
05/26/2010
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If you are in default on an FHA-insured mortgage, and the lender intends to foreclose, you should know about the Mortgage Assignment Program. You will have to provide certain information to the FHA to apply for this program. To be considered eligible for assistance, the home must your primary res...
05/25/2010
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The people who do title searches have an extremely important job. They must ensure that the sellers really own the property being sold and that all liens against the property are being paid off as a result of the sale.If the seller has had financial difficulties, for instance, and didn't pay his ...
05/24/2010
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