RECENT BLOG POSTS
0
Comments
So you wanted a deal and you put an offer in on a short sale, perhaps even against your realtor's advice. 1 month went by, then another, and finally you hear back. The documentation is in order, the bpo was completed, and the Seller is countering your offer price $40,000 HIGHER! Huh? You thought ...
05/03/2009
0
Comments
As a followup to my last post, I am now firmly of the opinion that Buyers and Sellers will now have to work closely together with understanding, patience, and flexibility if they are to achieve the results each desires. Whether it be re-writing addendums with bank-approved verbiage, extending clo...
04/27/2009
BUYERS AND SELLERS BEWARE!Mortgage companies are putting YOUR escrow monies at risk!Standard Florida Association of Realtors-approved sales and purchase agreements provide for a certain number of days (agreed by both parties) by which the Buyer will furnish a mortgage committment letter, thereby ...
04/21/2009
I was reading an article in our daily real estate news bulletin and came across this gem:"A "secret shoppers" test of 100 IDX-powered broker Web sites found that 33 percent of agents do not respond at all to inquiries about other brokers' listings. For those who did answer queries, the average re...
04/13/2009
I receive a question from my blog this past week that I thought might be important to other readers. The names have been removed to protect the guilty ;-)QUESTION: I have recently been in a late fee problem at a trailer park in Dade County. The manager charged me $2 a day after the 15th of the mo...
04/06/2009
What are Buyer's closing costs??? With so many out-of-state clients, this is a common question for me. I'll try to sum up general closing costs, which average between 1-2% of the purchase price. Stamps on the mortgage: $.04 per $100 (total mtg amount) Intangible tax: ...
03/30/2009
0
Comments
I was reading about home sales in the Tampa Bay area and how they were up 25% in February compared to a year earlier - WOW! I am feeling it to...offers are flying and contracts are being written. What has changed? One word: perception.Our perception of the economy has changed. When was the last ...
03/23/2009
With it being a Buyers Market (Take note, Sellers) I wanted to touch on some aspects of home-buying that may be "Less-Mentioned" or thought about. Although your primary focus is buying right now, statistics show the average home owner will only stay in the home appr 7 years! With such a mobile so...
03/19/2009
Wow, what a week it has been...buyers making offers, sellers not accepting. I think many sellers have not accepted the reality of their situation. According to Zillow.com, 51% of all US homeowners believe their homes have lost value. That leaves 49% who think their homes are as valuable or hav...
03/10/2009
0
Comments
I found this article fascinating. Before you think you will get a free ride, please consult an attorney.If you are looking for a local attorney you can trust and who is well-versed and knowledgeable in all aspects of foreclosure and bankruptcy law, I HIGHLY recommend without reservation CAROLYN S...
03/02/2009
As an experienced Real Estate consultant with Coldwell Banker Residential Real Estate in Clearwater, FL, I am approached daily by buyers and sellers who have questions about the current housing market. I have created this blog to answer various Real Estate questions concerning the home/condo/townhouse/vacant land market, address property tax or homeowner's insurance issues, suggest vendors that offer SOLID buying/selling services, and discuss all aspects of the Real Estate industry.