Ok Mr. & Mrs. Homeowner. Your house is on the market and has been for quite some time. You hired a real estate agent. You have held the open houses. You have had the home staged for optimum presentation. But it still will not sell. What’s the problem?
Short Sale Tip # 4: Property Improvement & Repair Estimate Report When things go bad…they usually go real bad. If a homeowner has not paid his mortgage in many months, it is likely that the house has been neglected. If funds were not on hand to pay the mortgage, then it is probably safe to [...]
Short Sale Tip # 5: Homeowner Financial Package Now that you are asking for a reduction in their payoff, and after you have submitted a real tear-jerker of a Hardship Letter, the bank wants to see how the hardship has truly affected the homeowner financially. The homeowner needs to provide you with the following information: [...]
Short Sale Tip # 7: Confronting The 1099 Issue In Short Sales Can you imagine losing your home AND being hit with a huge IRS bill? Well if the short sale is not performed correctly and the short sale proposal request is not properly formatted, you may end up sticking the homeowner with a huge and [...]
Much has been written on this subject and much more will be written as the application of the Long Tail theory is put into practice.
Location, Location, Location are no longer the three words that are most important in real estate. That distinction is now been awarded to conversion, conversion, conversion!
States shown in white indicate that rebates are allowed and states in yellow indicate states where they are not allowed. Now that we all know this, there are three quick questions that need to be asked before we go any further. (see large map blow)
 I wrote this post over 2 years ago. (on February 21, 2008) I’m kicking it back to the top given the reason that things have gotten WORSE with Realtors…not better. If there is a telling sign that the real estate business model is nearing a possible demise, you need to look no further than [...]
Short Sale Tip #12 Overcoming Objections with the Homeowner Part 1 We are getting many questions from our attendees as to how to overcome objections with the homeowner, but we are surprisingly getting MORE questions as to how to overcome objections from the inexperienced or uneducated agent representing the homeowner…isn’t that a twist?
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