Seller Considerations – Stock Market Drops 200 Points For the past couple of months there has been lots of encouraging news that has led many sellers to throw caution to the wind by believing that the worst is finally behind us. This may be true, or not! There are still a number of potentially […]
The Analysis of Lis Pendens
Seller Considerations – The Analysis of Lis Pendens Home buyers thinking about delaying a sale may want to reconsider. A great deal of publicity has been given to the foreclosure issue and the impact that bank owned sales have had on real estate prices. But no one seems to know for sure if the worst […]
The 5% Appreciation Factor
Seller Considerations – The 5% Appreciation Factor It looks like there may finally be light at the end of the tunnel. Many of the leading economists are predicting that prices in most parts of the country will stabilize this year. Consider the following projections: – Mark Zandi, Chief Economist at Moody’s Analytics– “Despite the recent […]
Another Great Greek Tragedy
Seller Considerations – Another Great Greek Tragedy One of the most potentially explosive issues facing the economic recovery during 2012, will be the success of economic recovery in Europe. That success depends heavily on what happens with Greece and its economy. It’s becoming more and more likely that Greece will default on its debt and […]
Shady Foreclosure Settlement’s Impact on Housing Prices
Seller Considerations – Shady Foreclosure Settlement’s Impact on Housing Prices On Thursday, state and federal prosecutors reached an agreement to settle allegations of shady foreclosure practices against Citicorp, Bank of America, Wells Fargo, Ally Financial, and JPMorgan Chase. The $25 Billion settlement represents a drop in the bucket of just $2,000 for each homeowner who lost […]
Sell During the Lull in Foreclosures
Seller Considerations – Sell During the Lull in Foreclosures The strategy that has been used by many homeowner’s thinking about waiting to sell their homes until the market improves hasn’t worked for the last 5 years and probably won’t work now. Many homeowners considering selling their homes have found recent economic improvements and increasing sales […]
Cost of Waiting to Sell
Seller Considerations – Cost of Waiting to sell Many Sellers believe that the risks associated with waiting to sell are minimal. They rationalize that holding onto the property until prices recover, will cost them no more than a few monthly payments and some other nominal carrying costs. When all financial factors are considered […]
A Must Read for Sellers!
A Must Read for Sellers! Many homeowners have been hesitant to list their homes for sale because of a belief that a rebound may be just around the corner. Some sellers that have already listed their homes for sale have rejected reasonable offers or have been unwilling to negotiate because they also feel a recovery […]
If Someone Offered You…?
Seller Price Reductions – If Someone Offered You…? You’ve had a listing for many months and taken all the steps necessary to market your Seller’s home to the world. But, all of that doesn’t matter if the home isn’t priced to sell. Even worse, if it’s price way above what’s reasonable, you’re not even going […]
Buyer & Seller Wealth Management Close
Buyer & Seller Wealth Management Close It’s interesting to see the difference in what a buyer and seller perceives as professionalism as compared to the same person’s expectations for other professions. For example, successful people put a great deal of trust and confidence in the recommendations of a financial advisor, accountant or lawyer. […]