Eric Mangan's (fsbo_eric) Blog

With distressed sales accounting for half of all home sales, many home sellers are finding that traditional sales are competing with discounted prices offered by foreclosed properties and short sales in their local area. To help home sellers attract buyers and compete against the discounted price...

You probably know that last year the Federal government introduced a $7,500 tax credit for first-time home buyers and increased it to $8,000 for those who purchase their first home this year prior to December 1st.According to the government's Interim Results of the 2009 Filing Season, $3.9 billio...

In an attempt to help stimulate the housing market, the Federal government recently enacted a new Home Buyer Tax Credit for first-time home buyers who purchase a principal residence. The tax credit is equal to 10% of a home’s purchase amount or $8,000, whichever is less. A tax credit is direct do...

With approximately 20 percent of the real estate marketplace comprised of “for sale by owner” listings, many homebuyers are left scratching their heads wondering, “Do I need an agent to go ahead and buy that “for sale by owner” home?” Not only are agents not needed to buy a home, involving one du...

Your home's asking price is one of the first pieces of information that buyers will want to know about your property. Price it too high and you'll scare them away. If it's too low you risk losing money. In order to price your home correctly, you'll have to become educated about your local real es...

ForSaleByOwner.com is the nation’s most popular “by owner” real estate website with nearly 2 million monthly users. Our customers are independent home sellers & buyers who do not have real estate agents referring them to professionals that they need as they buy or sell real estate… especially mor...

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With recent data showing that distressed sales (home sales from foreclosures or short sales) accounting for 40-45% of all home sales in February, and the $8,000 home buyers tax credit being used as an incentive to get first-time buyers to buy, it stands to reason that many buyers might be more in...

As some who closely follow the real estate industry might know, each year the National Association of Realtors issues a 100+ page research report entitled, “Profile of Home Buyers & Sellers.”The report is based off a survey sent to some 133,000 consumers who purchased a home in the prior 12 month...