Archive for the ‘Techniques’ Category
Saturday, May 3rd, 2008
To frustrated home owners trying to sell their homes in this market, it seems like the market continues to worsen daily as they are subjected to an endless media barrage of gloom and doom. These owners already know there's a glut of properties on the market this spring. ...
Posted in buyers, Distressed, Lessons, seller's, Techniques | No Comments »
Friday, May 2nd, 2008
Buying a home is a high-pressure, extremely emotional decision. No house will ever fully live up to your dreams, and whatever compromises you make (and you will have to make some), you'll have to live with it for years.
The perfect home ...
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Monday, April 28th, 2008
A lot of homeowners have the mind set that making payments on time automatically equates to good credit and credit scores.
Unfortunately, this couldn't be further from the truth.
While paying your bills on time accounts for a large portion of your credit score, there's still a lot more to it. In ...
Posted in buyers, Investing, Lessons, seller's, Techniques | No Comments »
Sunday, April 27th, 2008
With lax lending practices during the past decade, FHA loans became almost non-existent. Those times have come to a screeching halt and as the mortgage melt-down continues and conventional loan programs continue to be eliminated, borrowers are turning more and more to FHA loans since they are practically the ...
Posted in buyers, Lending, Lessons, Techniques | 2 Comments »
Friday, April 25th, 2008
Judicial Foreclosure Available: Yes
Non-judicial Foreclosure Available: Yes
Non-judicial Sale Typically, a title insurance company is named as the trustee to arrange the sale of the real estate.
California is famous for its one-action rule, in which a lender must carefully elect one action to take against the borrower if the ...
Posted in buyers, Distressed, Foreclosures, Investing, Lessons, Real Estate Terminology, seller's, Techniques | 13 Comments »
Friday, April 25th, 2008
Judicial Foreclosure Available: Yes
Non judicial Foreclosure Available: Yes
Foreclosure in Hawaii takes one of two forms: (1) judicial foreclosure by a lawsuit much like any other lawsuit or (2) sale under a power of sale clause in the mortgage.
Preferred Method:
Judicial foreclosure is the preferred method in Hawaii . Although ...
Posted in buyers, Distressed, Foreclosures, Investing, Lessons, Real Estate Terminology, seller's, Techniques | No Comments »
Friday, April 25th, 2008
California Foreclosure Market Statistics
COUNTY: ALAMEDA
HOUSEHOLDS: 556,474
2006 TOTAL: 3,565
Jan-07
Feb-07
Mar-07
Apr-07
436
367
617
418
May-07
Jun-07
Jul-07
Aug-07
627
433
750
832
Sep-07
Oct-07
Nov-07
Dec-07
726
1,313
1,084
1274
Jan-08
Feb-08
March-08
1,469
1,320
1,635
12 MONTH TOTAL: 12,498
PER HOUSEHOLD: 2.25%
MONTHLY CHANGE: 23.86%
YEARLY CHANGE: 164.99%
COUNTY: CONTRA COSTA
HOUSEHOLDS: 383,328
2006 TOTAL: 3,738
Jan-07
Feb-07
...
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Friday, April 11th, 2008
Not Much Gloom and Doom For Oahu, Hawaii's Real Estate Market
During March, Oahu sales of 282 single-family homes and 392 condominiums were reported through the Honolulu Board of Realtor's MLS, decreases of 14.5 percent for single-family homes and 27.5 percent for condominiums, compared to the same month last year. This ...
Posted in buyers, Distressed, Foreclosures, Investing, seller's, Techniques | No Comments »
Thursday, April 10th, 2008
I thought this was an interesting video:
History of the Housing Market
Source: Yahoo Video / ABC News
Posted in buyers, Investing, Lessons, seller's, Techniques, Uncategorized | No Comments »
Thursday, April 10th, 2008
When purchasing a home for the first time many buyers can become overwhelmed due to the timeline and contingencies that need to be followed. That’s why it’s always good to have a team of agents that can help you through the process.
What can be more frustrating for buyer is if ...
Posted in buyers, Lessons, Techniques | No Comments »