These are all the Blogs posted in May, 2009.
Sunday, May 3, 2009
First Time Buyer Mistakes

GreatWest GMAC Real Estate professionals continue to be cognizant of mistakes that first time buyers can make. If you are getting ready to purchase a home, here are some of those pitfalls you should avoid:
(1) They don’t ask enough questions of their lender and miss out on the best deal. It is vitally important to be actively working with a professional lender, who has well educated you about the mortgage programs available to you, so that you are ready to act, when a home to your liking is found.
(2) They don’t act quickly enough to make a decision and someo... Read more
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Sunday, May 10, 2009
Signs Point to Sacramento Housing Recovery

Many GreatWest GMAC Real Estate Professionals have been noticing that the Sacramento housing market has been stabilizing. About 80% of the foreclosure market is completed, and sales have doubled in number since a year ago. It appears that the housing market declines of the past months have began to slow, rather than continuing to dive over a cliff.
The Wall Street Journal released a few days ago, with the headline, “First Housing Markets to Heal? - Analyst Bets on Sacramento, Washington” (article linked below).
According to analyst, John Burns, Sacramento’s new home supply ... Read more
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Sunday, May 17, 2009
Navigating These Economic Times

The other morning a GreatWest GMAC Real Estate professional was brainstorming with another Realtor. Both agreed that in addition to helping buyers purchase property, and sellers to sell their homes, they had voluntarily taken up the shield, for helping past clients, friends and family, to stay in their economically challenged homes during these difficult times.
Currently, they were averaging one or two calls a day, running the gamut consisting of the following:
(1) A friend, who bought a house in the 1990s, built up equity, then put on a second mortgage to finance an improve... Read more
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Sunday, May 24, 2009
So You Think You Want To Purchase A Fixer

It isn’t unusual for GreatWest GMAC Real Estate professionals to be approached by home buyers interested in procuring a “fixer-upper” home. Certainly in our current market with many bank-owned homes available, finding such a property shouldn’t be difficult.
However, there are certain things to be considered prior to purchasing that can help safeguard any investment of money, time and effort.
(1) As in all home purchases, it is all about location, location, and location. It is wise to talk with neighbors, who can provide a history of the neighborhood and any problems or nuis... Read more
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