Owners still asking for sky-high prices while bank valuations fall Thursday • January 15, 2009 Loh Chee Kong cheekong@mediacorp.com.sg A DOWNTURN is usually the time for bargain-hunters to snap up properties on the cheap. But for now at least, the reality could not be more different, as prospective buyers discover. Said Ms K Chan, a HDB dweller looking to upgrade to a condo: “I thought this wo
Many sellers, property owners and brokers often prefer to sell items through auctions due to the following reasons:An item is considered sold once auctionedChances are the items will be bought once listed at an auction. The fact that it is being auctioned means that it has some good market value and this value could increase depending on the bidders. The buyers will always find good reasons to buy
All of your hard work has paid off, even with all the competing homes in Brampton you managed to get an offer, but you won’t know exactly how much it’s paid off until you actually see the offer. This is an exciting, often emotional time, so be prepared.
Your REALTOR will walk you through the process.
You’ll [...]
Over the past two months we have talked much about the timing for Buyer’s to get back into the market. Now is that time! At this Holiday season we wanted to share some thoughts that Sellers hope Santa and the New Year will bring them!
Santa reports that these items are the most popular on this year Christmas List:
1. Qualified Buyer’s tops the list: Sellers who price their home keeping t
I list Short-Sales. As I type this, I can sense the shivers of dread running down your spine and, you're right, they are time-consuming, frustrating and downright grueling to get closed. The trial of lender negotiations and our role as the sole person between the seller and potential foreclosure is not the purpose of this post.
I want to share two quick stories that I call Life Lessons
8 tips for showing your Metro Detroit Home
1.) Have your Metro Detroit home ready to show at any timeYour Metro Detroit home should always be available for show. Yes it may be inconvenient for you. Always let your listing agent put a lock box in a convenient place, to make it easy for other agents to show your home to Michigan home buyers. Otherwise, agents will have to sc
It’s like Cinderella coming to the Ball in Rags. You’ve uncluttered the house, you’ve painted, you’ve had a yard sale, you put stuff in storage and finally fixed or replaced all those things you’ve always talked about fixing or replacing to put your house on the market, it looks like a million bucks and then……and [...]
Segundo o site VgChartz, o console XBox 360 da Microsoft ja chegou a 50 jogos que venderam mais de 1 milhão de cópias.Segue lista dos jogos:Halo 3 Microsoft 0.10 6.09 2.28 8.47 Call of Duty 4: Modern Warfare Activision 0.09 4.68 1.86 6.63 Grand Theft Auto IV Take-Two Interactive 0.05 4.01 2.20 6.26 Gears Of War Microsoft 0.08 3.50 1.85 5.43 Forza Motorsport 2 Microsoft 0.04 2.77 1.34
According to Barbara Schwartz, Creator of the ASP designation, “Your Investment in Home Staging will always be less than your first Price Reduction.” This is probably the case. In the Southeast we have been slow to develop into Staging as part of our business model in the home selling process. According to Ms. Schwartz, homes Staged have a sales success rate of 94.6% being on the market fo
21/11/08 London-Specialist foreign exchange brokers Currency Index have reported an increase in UK owners of overseas property selling up and cashing in on record Euro exchange rates.
1. Savings2. Proceeds from the sale of a primary residence3. Gift from Relatives or Friends4. Sale from Stocks or Bonds5. Equity from Residence (continue to own)
I was surprised to learn that 73%
Kansas City Real Estate Thoughts ... Many Kansas City home sellers will choose to take their homes off the market if they're not under contract prior to the holiday season. The reasoning is often that they'll wait for the spring market and get...(read more)
by Vickie Sayce
With the birth of the internet, scammers are able to reach more individuals than ever before. And unfortunately, with the technology available to them, these scams are appearing more and more legitimate every day. This can be hard for business owners who are trying to make a living selling on eBay. The time, [...]
Apparently Living Green is rubbing off on people around the country in a larger way. According to the Better Homes and Gardens Real Estate “Living Green” Consumer Survey almost 50% of homeowners would spend $2,500 or more on greening up a home for resale.According to Better Homes, "A survey conducted at home shows in 15 cities across the country gauging consumer environmental practices sugges
It wasn’t that long ago when houses were staying on the market for 21 days and receiving multiple offers. The stock market was reaching historical highs. Home prices were climbing faster than our national debt. You did not hear the words foreclosure and short sale. The skies were blue and the birds were singing.
About 40 [...]
This post is for one of our regular readers. Most of us believe that there are people here in St. Paul who would like to sell their homes but have not been able to, or have given up, or have...
In July 2007 Northwestern University released results of a study that proved owners who sell privately keep more money than people who sell with agents.
~ane686/research/fsbo.pdf
Now comes another report from the September issue of Consumer Reports Magazine that shows “homeowners who sold without an agent usually received their asking price, whereas those who sold their [...]
More than one home buyer has asked me recently, “How come home prices haven’t fallen that much? I thought they’d be lower by now.”Quite frankly, I’m surprised people haven’t asked this more. Considering all the headlines regarding the state of real estate, you would think bargain basement prices would be as prevalent as Portland’s November rain.What I’ve told buyers is that in a
Nanny State footwear is neither shoe nor trainer but a versatile hybrid, combining sport with casual. Here are the top five best selling shoes from the Nanny State Range of Footwear.
Nanny State - Toe Detail Leather - White.
Nanny State - Toe Shoe Canvas - Black.
Nanny State - Toe Detail Leather - Black.
Nanny State - Toe Shoe Canvas [...]
One of the things that the foreclosure crisis has created is a housing market that clearly favors buyers. For this reason, home sellers are getting anxious especially the ones who are worried about a possible foreclosure. There are actually a lot of reasons why a property would stay in the market for a long time and among them is pest control issues.
We’re in mid-to-late October, a high majority of homes are not selling, and as the holidays approach it’s only going to get slower. Of course, that’s both good and bad news depending on whether you’re a buyer or a seller.If you’re a seller and your home is just sitting there, well… misery loves company. Here are the percentages of listings (homes for sale in the RMLS) that found a bu
You need to sell or your property is sitting vacant. Buyers want to buy, but can't qualify for the current very tight mortgage requirements. What can you do?
To my Readers: Matt makes some great suggestions for preparing your home to sell. We advise our sellers in the same manner plus we offer $150 at closing towards the time of having a professional stager come in and make your home look it's absolute best. Thinking of selling? Call us today!
Via Matt Kombrink:We've all seen those television shows where someone comes in, move
It doesn’t matter if you are a buyer or seller in today’s Northern Virginia market reading the newspapers or listening to the TV news can completely make you lose your equilibrium. The best advice that anyone can give you is not to rely on the paper or news reports to help you make a decision
I attended a "town hall" meeting with the folks from Meridian Residential just the other day to get information on the ever-changing mortgage ball game. Here's a few of the finer points to ponder.
1.) As of October 1st, 2008, FHA Down Payment Assistance Programs (DAP) are a thing of the past.
2.) FHA loans make up approximately 50% of our (Triangle) market at this point in tim
The Housing Bail out has been signed into law. It is not a rescue for the homeowners but for the investors who packaged these loans together. They hedged their bets on the homes increasing in value...
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"Auction houses are guaranteeing prices of some top works in this week's London art sales, which coincide with the worst financial crisis since the Depression. The sales ... have a total minimum price tag of 107 million pounds ($187 million). Sotheby's has more than half of its total lot value guaranteed; Christie's International guarantees 38 percent, meaning both promise fixed prices to ven
It's happened again!
For some reason, Canada seems to like my book. I checked over the figures this morning and was absolutely amazed to see that Without Reproach had reached number 25 on the Amazon.ca best selling list but had SOLD OUT!
Damnation. How can it be a best seller if there are no...
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In addition to all of the other things you must fret about when selling your Jacksonville property, tack safety on as a priority. In particular, think safety when potential home buyers visit your home, either for a private showing or for an open hous...
In addition to all of the other things you must fret about when selling your Jacksonville property, tack safety on as a priority. In particular, think safety when potential home buyers visit your home, either for a private showing or for an open hous...
What is a pre-inspection (seller inspection)? The pre-inspection (a visual inspection of the structure and components of a home to find items that are not performing correctly or items that are unsafe) is the same professional home inspection paid for by the seller either before or while the home is on the market. When homes are sold and bought, typically the buyer will pay to have a home ins
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Many of us have to move either by marriage, death, divorce, or job transfer. However, now is more often than not the right time to even consider having to doing so. Tides are still turning with lower values throughout the U.S. Further, most people are scared to think about tomorrow much less the thought of looking for a new home especially with the price of everyday
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These stylish and practical wellington boots from Hunter are hand made by a small, highly skilled team giving the utmost care and attention to the production of each pair. Key features of the Hunter are the traditional calendered outsole, the cushioned footbed, and the sturdy construction.
Perfect for wet conditions, while the sleek, feminine silhouette gives [...]
The August Existing Home Sales report was released Wednesday, showing a decline in the number of homes sold nationwide, and a reduction in the median sales price.
Not surprisingly, the media singled these two statistics out, playing them as a big negative.
They're not.
The decline in sales wasn't good, but it wasn't terrible, either -- sales were actually up in half of the regions around the c
The August Existing Home Sales report was released Wednesday, showing a decline in the number of homes sold nationwide, and a reduction in the median sales price.
Not surprisingly, the media singled these two statistics out, playing them as a big negative.
They're not.
The decline in sales wasn't good, but it wasn't terrible, either -- sales were actually up in half of the regions around the c
AUSTIN (Austin American-Statesman) – A task force consisting of real estate agents and mortgage brokers charged with finding ways to make existing Austin homes more energy efficient has proposed requiring energy-efficiency audits and incentives. The task force’s final report will...
Worldwide market regulators have banned short selling, which has fired up all the markets. Prominent among them - Shangai composite up 10%, Russian index up 20%, European markets are up anywhere between 7 to 8%. Asian Indices and European IndicesIt is green everywhereBusinessweek: SEC Ponders Temporary Ban on Short-SellingThe Securities & Exchange Commission was said to be planning a temporary
I have heard this question asked repeatedly... I find it an insult to ones intelligence to even state this.. There has to be a scape goat... Did the short sellers make the banks give loans to speculators that were not going to live in the houses.. Did the short sellers make the banks give loans to homeowners who neither had a job or credit? Did the short sellers make the banks give companies loan
Algumas pessoas possuem o habito de ler, outras lêem apenas por alguma obrigação, seja ela trabalho escolar, relatório, vestibular etc. A leitura pode proporcionar conteúdo para o individuo e pode ajudar na produção textual.
Uma lista de livros dos mais diversos autores é lançada para facilitar a busca de quem está querendo uma leitura de qualidade, [...]
In August, home builders broke ground on the fewest number of homes since January 1991.
It was the 16th straight month in which Housing Starts declined.
But, although the press labels these statistics indicative of a recession, home sellers nationwide quietly applaud them.
With fewer new homes coming on the market, home sellers are finding that there's less competition for buyers, helping them
In August, home builders broke ground on the fewest number of homes since January 1991.
It was the 16th straight month in which Housing Starts declined.
But, although the press labels these statistics indicative of a recession, home sellers nationwide quietly applaud them.
With fewer new homes coming on the market, home sellers are finding that there's less competition for buyers, helping them
When I show homes to my buyers I see everything. Some sellers want to go that extra mile to sell their homes so they put out some extra information about the place. They don't always understand what matters to buyers...
To understand the impact on sellers, we need to think about where the cuts will/would come from. While eBay doesn’t report a break down of the 16k, we can guess where the pockets of people are. If you peel the onion on eBay you have: …
More: continued here
As you all know by now, Government regulators took over the mortgage giants Fannie Mae and Freddie Mac. Pundits waited with bated breath to see what the various world markets would do on Monday.
Well the news is in - world markets are responding most favorably to the news. The bond market is also drastically improving as well.
What does this mean for sellers and buyers? I wo
Have you ever wondered what certain terms mean when you are in the process of buying or selling a home in Ann Arbor or Washtenaw County?
As Realtors we live with terms everyday, but as a consumer,...
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The international property website Homesgofast.com reports that UK agents, builders and private sellers are now turning to overseas buyers to help them sell their homes. The types of sellers range from well known house builders , investment property developers and millionaire property owners.
Mortgage Fraud -Think and use these words carefully if you are a short sale seller! I say this because I have seller's calling me from all walks of life...from different states...with different situations..short sale situations and some sellers choose the words mortgage fraud!
When I hear mortgage fraud...I ask immediately...have you called an attorney? In most instances..a REALTOR is the fi
The real estate market is pretty slow and stable in the last few months but it has definitely caught a lot of attention in the media. While the national markets are making big news, sellers should focus more on local trends.
The nationwide real estate market does not have a major significant role in the real [...]
New business brokers--perhaps those who've been selling homes in the past and are switching over--may be baffled about how to advertise seller's earnings if they've listed a business opportunity. Here are some guidelines for understanding the seller's earnings statements.
I know I'm preaching to the choir here, well at least part of it, but why aren't more sellers getting pre-listing home inspections? Of all the biggest no-brainers in selling a home there are, I think that the pre-listing inspection has to be ranked up near the top along with curb appeal checklists and cleaning the carpet!
Here are some points to ponder if you still don't get it:
Can help you real
I know I'm preaching to the choir here, well at least part of it, but why aren't more sellers getting pre-listing home inspections? Of all the biggest no-brainers in selling a home there are, I think that the pre-listing inspection has to be ranked up near the top along with curb appeal checklists and cleaning the carpet!
Here are some points to ponder if you still don't get it:
Can help you real
I know I'm preaching to the choir here, well at least part of it, but why aren't more sellers getting pre-listing home inspections? Of all the biggest no-brainers in selling a home there are, I think that the pre-listing inspection has to be ranked up near the top along with curb appeal checklists and cleaning the carpet!
Here are some points to ponder if you still don't get it:
Can help you real
These days have finally disappeared and you will find that the best time to really make savings to the east end sales year. That is when dealers are desperate to get rid of old models of their showrooms, which means lower prices for buyers. Another good ploy is the concessionaire at the end of the [...]
If you have been giving any thought to selling your home, there are a few basic indicators you should become familiar with. When viewed separately these indices can offer different opinions on the current state of the housing market. However when they are collectively presented, they combine to create a simple “at a glance” snapshot [...]
Michigan Association of Realtors offers a free legal hotline for Realtors in the State of Michigan to use. We can call in with questions to get a clarification on Michigan law or situations to get...
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If your one of the eBay Seller, this news may interest you. Based on the published report today. eBay now implement new rules for sellers that causes high temper to them.One big change came in January, when eBay altered its complex fee structure and said it was trying to encourage sellers to offer more items for sale, which in turn could attract more buyers.Generally, eBay cut the fees it charges
Thought I would have some fun tonight by having you take this short quiz, on what is the best way to get your home sold in Ann Arbor or anywhere throughout Washtenaw County.
Quizzes by...
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If you are a buyer needing SELLER PAID down payment…. You better act quick!!!
The recently passed Housing and Economic Recovery Act of 2008 is ELIMINATING this program for buyers all together through programs like Nehemiah, AmeriDream, etc… You can still receive help from family members but NOT from Sellers.
Many lenders have already stopped offering this program. [...]
It’s now easier for buyers with low down payments to buy condos. Of course, there’s a catch, but certainly this is a positive step for the real estate market.Up until this month, someone wanting to buy a condo either needed to have a 10% down payment or more, unless the condominium development was FHA approved. (I won’t rehash these details, but you can read them in last month’s post).Bu
When the value of a home has fallen below the mortgage value, there is an option for eligible home owners to avoid foreclosure. Watch the short sale video for more.
National Bestsellers On AmazonHARDCOVER FICTIONTop 5 at a Glance1. ACHERON, by Sherrilyn KenyonEleven thousand years ago a god was born. Cursed into the body of a human, Acheron spent a lifetime of shame. However, his human death unleashed an unspeakable horror that almost destroyed the earth. Then, brought back against his will, Acheron became the sole defender of mankind.Only it was never that s
Disruption from Warcraft gold farmers. Yes I'm sure we've all experienced that farming now a days have been a little difficult due to the overwhelming population of Cheap WoW CD key. If gold wasn't able to be sold using real money the farmers wouldn't exist and players would probably be able to enjoy the game more. Perhaps blizzard should enforce a law to farming? O
I have been selling real estate in Boulder, CO and Denver since 2001. I have shown thousands of homes to potential buyers, and in an area that is highly student populated, you never know what kind of mess you might walk into. Not only do tenants and sellers leave their homes in shambles for showings,
For those home sellers who have to sell for any variety of reasons -- rising payments, job loss, job transfer, divorce or death -- up to one-quarter are selling at a loss according to Zillow.com. What does this mean for a housing rebound? Likely pushed off even further. From a CNNMoney.com story:In the 12 months that ended June 30, nearly 25% of all homes sold nationwide fetched less than selle
Home Sellers with properties priced at or above $700,000 may need to come to terms with the fact it may many many months (even a year or more) to sell their high-end property. I’m basing this on current NWMLS statistics for Single Family homes in the Maple Valley/Covington area.
Currently there are 74 active listings on [...]
There has been a lot of hoopla about the 694-page housing act signed by the President July 30. There has also been a lot of mis-information regarding the potential for a $7,500 credit for first time home buyers—-This is not a cash back scenario, no one will take money off the top of your home purchase.
Rather, through [...]
Some of the biggest Bosch best sellers at the moment are the most energy efficient appliances. This is hardly surprising with the environment and energy bills being hot topics at the moment. This article looks at some of the most energy efficient and best selling Bosch appliances currently available.
No, they do not. In fact, it is possible that a Seller would counter a full price offer with a number higher than the asking price. The Seller is not legally required to accept an offer just because it is full price.
I have never been part of a transaction where this happened — except [...]
August is here, and that means more family reunions, bbq's and before you know, Labor Day. MyWinesDirect has an offer that you won't be able to turn down. You can save $10 off + FREE shipping on their Best Sellers Cellars wine pack. Click the link below to get your coupon code.
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Vinny The Bird is popular for solving problemsin the bird community.
Image by Jan Tik
If you’re new to this real estate investing series I’m writing, the purpose of it is to show you as an entrepreneur that learning your trade well and opening your mind to endless possibilities can help you achieve your goals.
I have [...]
Sarasota is definitely one of Florida's ultimate beach communities. The seemingly endless stretch of pristine coastline, more than 200 days of sunshine and a year-round average temperature of 71°F serve as potent magnets for prospective homebuyers. Without a doubt, the wide array of Sarasota real estate properties is among the most sought-after in the state. Sarasota real estate property owners a
Earnest Money - EMD - Deposit - whichever term is used in your locale it is extremely important to know what it is, what it is used for and what the appropriate amount is. I will use real life to demonstrate the importance of educating other professionals, buyers and sellers the necessity Earnest Money.
I have a buyer couple from out of state. They are the nicest, most hard-workin
A buyer's market and a flood of listings in the Edmonton, Alberta area leaves stuck homeowners unable to sell. Alberta investment company helps property owner get out of investments they don't want to be in with innovative buying techniques.Read Article Here
I have seen quite a few eBay Sellers participating in the Bidvertiser advertiser program, and I was a little surprised to learn that eBay Sellers could actually participate in PPC advertising. I guess you learn something new every day.I have personally utilized Bidvertiser myself as an advertiser and found the program to be exceptional and very easy to use. I always obtained nice results using thi
Bob Aaron wrote a recent article on court cases resulting from the SPIS form. The SPIS form is a document that real estate agents ask their sellers to fill out and sign. However, this form has resulted in many problems for sellers in the past. When you sell privately you do not need to fill [...]
Regulators may be trying to keep short sellers out of a few financial stocks, but that is not keeping large bets against most other stocks from rising. While...
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(From West Bank Living) For the last couple of days I've been working with a fabulous military couple who will be relocating to the West Bank as a result of an assignment to NAS JRB New Orleans. Their home in another state is currently on the market for sale, so they know what it's like to be the seller.
They know that sometimes appointments aren't at the most convenient time and they may h
A reader of the blog pointed this listing out to me:$80,000 price drop!! Amazing deal at this price for a one-of-a-kind home with tons of potential in a fantastic neighborhood. Entire top floor is huge master suite with deck and view. Daylight basement with own entrance and 1/2 bath would be perfect work space/studio/convert back to garage/etc. One year home warranty. Near Hillsdale shops, Mult.Vi
Wow guys. This is deep. My friend forwarded this information to me about eBay and their future plans that she found on a site written by a former employee who was brave enough to come forward and admit the truth about many issues. The post was originally posted in an eBay forum, but as you can guess, was deleted. Luckily the post was first written as a word document and the person was able to
Fuel sellers start cutting pricesUK drivers are set to benefit after a number retailers including Asda, Morrisons and BP said that they would cut petrol prices.
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By Paul BondJuly 21, ReutersLOS ANGELES (Hollywood Reporter) - It seems that 4,366 theaters weren't quite enough.As hype for new box office champ "The Dark Knight" reached a fever pitch over the weekend, moviegoers were surfing eBay and Craigslist for tickets, sometimes paying five times face value for them.The hottest items were tickets to Imax showings. The movie opened on 94 Imax screens, and c
EBay live has finished and the news is out....the site doesn't want to share its sellers.... with ANYONE. Click on this link to find out what the results of the eBay Live conference were...
Everyone knows the real estate market has been suffering lately and every time I turn on the TV I hear some reporter talking about how the housing market is still on a down trend and values are declining blah blah blah. It's no secret the market is down from 3 years ago but folks.....it had nowhere to go but down!!! In 2005 you could sit in your office playing internet chess and a contract would f
I thought it would be a great learning experience to walk you through my discoveries in hunting foreclosure real estate deals.
1 - Precisely when to contact sellers who are in foreclosure
You basically have only one shot when you that seller first picks up the phone at your ring. The best thing to do is make [...]
This summer’s gotta-have-it item is turning out to be a 10-year-old car.
Gas prices topping $4 per gallon have droves of people searching for cars that get good gas mileage. They’re haunting used car lots, posting “wanted” ads online and keeping a vigilant eye on the classifieds.
The cars of choice: Hondas (Civic and Accord), Toyotas (Corolla and Camry) and Fords (Focus and
A well-known “Sell Your Home Quickly” tips is to clean and de-clutter. A home with visual “space” appears more roomy to potential buyers.
Another way to create openness is with bright lighting throughout your home. This home selling tip is especially important here in Indianapolis, when we have gray days accompanied by rain.
There are two simple and
Despite the fact that most sellers have undoubtedly been counseled by their Realtors to leave during showings, a large number of sellers choose to remain.
After a recent, painful,...
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Effective July 1st, 2008 a real estate licensee who wants to act as a transaction broker isn't required to provide a transaction broker notice to a customer before or at the time of entering into a listing agreement for representation or before showing property.
Florida Statute Section 475.278 (2)(b) was amended in 2003 to provide that this transaction broker disclosure requirements would
After spending several days talking to dozens of people who claim to have an interest in a business for sale; after answering the same dumb question for the millionth time; after discovering that a great majority of these so-called buyers lack either the money, the common sense, or enough business etiquette--maybe all three--to purchase the business in the first place, it is not surprising that ma
It's no secret that people like Warren Buffet and Donald Trump are actively involved in purchasing as much real estate as possible right now. Buyers need to understand that like Buffet and Trump, the smartest people in the real estate business are contrarians. They sell when prices increase and buy when prices are going down. This may be a little difficult for some buyers to grasp since
