ARCHIVED BLOG POSTS

2009 

Have you heard that banks will accept a certain amount of loss on their default real estate portfolios as a rule of thumb across the board? Have you heard that all banks are willing to take 20% less than the listing price?. Have you heard that all banks over price their listings because they know...
01/09/2009
01/06/2009
With many homeowners facing an adjusting rate mortgage payment on their 3 year ARM & with more homeowners who's adjustments on their 5 year ARMS are coming due this year & next; there certainly is no end in sight for the growing market of Preforeclosure (AKA Short Sale) listings on the market. A ...
01/03/2009
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01/03/2009
It never fails, January 1st is here & some of us have made promises to ourselves; some of the most common being to spread more joy, shed those holiday pounds, quit smoking or whatever is closest to our hearts. Being a Realtor in 2008 has held me witness to a lot of families who are suffering fina...
12/31/2008
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Peter Testa

PETER TESTA
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