Viewing category: Selling Property
Thursday, 13 November 2008
Sellers Struggle With Home Values
News accountings confirm what GreatWest GMAC Real Estate Professionals, and many other real estate agents and brokers know.
According to MSNBC, Homeowners and Sellers, continue to struggle to "get real" with their home values. Despite continual media accounts disclosing the dismal housing situation and reports demonstrating plunging home values, some owners and home sellers, hang onto inflated expectations of value.
MSNBC reports agents across the country are experiencing difficulty convincing sellers the true market value of their homes.
The interesting article, w... Read more
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Sunday, 15 February 2009
10 Reasons to Forget being a FSBO
If you are considering selling your home you have many choices available to you. There are a multitude of options as there are real estate agents to present them. One alternative that some people find enticing is the “For Sale By Owner” or FSBO option. This avenue is chosen not because people want to play “real estate agent”, but because the thought of saving a 6% sales commission is worth the risk, compared to the perceived benefit they would receive working with an agent.
When I hear “We might just sell it ourselves”, I have a list of questions I ask the seller. If you can successfu... Read more
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Monday, 23 March 2009
DIVORCING HOMEOWNERS – BUT FORCED TO LIVE TOGETHER
Increasingly, Real Estate Professionals are hearing of a trend - which could remind folks of the movie, "War of the Roses."
Current real estate market conditions have some divorcing couples looking to separate their lives, but realizing they can’t afford to live apart until their home is sold.
Unlike a few years ago, when many homeowners had loads of equity to share, and really good credit, current times are providing many glimpses of reversal of fortune.
If you are one of those couples, and need to continue co-habiting until you get the house sold, and shore ... Read more
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Sunday, 19 April 2009
Questions and Answers Surrounding Short Sales
As homeowners grapple with declining home values, and in some instances, mortgage payments that have dramatically increased, GreatWest GMAC Real Estate professionals are increasingly be queried about Short Sales.
Often a seller will become concerned because they are unable to make house payments, but do still have an ability to make all or part payment of the negative equity. They may hope to also hope to preserve their credit score. They wonder if a short sale will be right for them.
The answer is, probably no. Sometimes if a seller is able to pay back all or part of the ne... Read more
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