I often hear sellers using the Zillow “Zestimate” when trying to ascertain the value of their home – at least when the “Zestimate” benefits them. But the question is: How accurate are these “Zestimates”? In a nutshell: Not very. Zillow’s data is extrapolated from sales that have happened in the
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The 203k Mortgage
Real estate consumers today can find ample value in distressed homes – properties that are under a foreclosure order or up for short sale. In many cases, however, “distressed” speaks more for the condition of the homes than their recent financial histories, as they’ve sat empty for extended
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Time for an Appraisal?
One of the most important jobs for your real estate agent is to determine the value of your home by developing a Comparable Market Analysis, which will be used in pricing the home for the right amount. If your property isn’t attracting serious shoppers, your agent may recommend
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!!!! Make Your Offer Stand Out !!!!!
Real estate consumers are realizing that there has rarely been a better time to buy a home. In fact, historically low mortgage rates coupled with lower home prices have even sparked bidding competition in markets around the country. A good home in a solid location may attract ample attention
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Home Not Selling? It's Not Personal, It's Probably Price
Home sellers face a new reality as they look to move up, down, in or out of their American dream in today’s market. Consumers, particularly those who purchased their homes within the last five years, often find their options limited by a lack of equity. Those who can
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Short Sales
Many people have asked me, “What are short sales” and “how can that help me sell my home”? Simply put, a short sale is selling your home for less than you owe including sales expenses and not having to bring any money to closing. Sounds simple, right? Not so fast.
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Updating your Home to SELL!!!
There are so many things that you can do to update your home – where do you start? What gives you the best bang for your buck? Do I need a designer or permits? Start inside or outside? Lots of good questions. Here are your best answers: The first rule
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This Week's Market Report
Mortgage Market Report - Weeks Wrap Up _____ Not much news this week, aside from the Lebron James announcement...he's going to Miami if anyone cares... The biggest news this week was the Initial Jobless Claims report on Thursday which was a little better than expected. "Just" 454,000 people filing first
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Selling Your Home in a Down Market…
Follow these rules - get your home sold. Think that your home is so special - you get to keep it
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Save NASA's Constellation Program
Go Boldly NASA
Write a Letter to Congress : 7,760 Letters Sent So Far
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