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Archive for the ‘buyers’ Category

Has the Whole World Gone Mad? (Water Sobchak: The Big Lebowski)   A funny thing happened to me again yesterday. I call is Foreclosure Mania, that intense desire to purchase a foreclosure, so much so that all other listings on the market are ignored regardless of their inherent value. The following anecdote will demonstrate how [...]

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Holy Cow!  With the debt crisis sort of figured out, the immediate fear of rate increases seems to have receded.  In fact, instead of skyrocketing rates, the opposite seems to have occurred.  Here is a survey from two banks and one broker, all local lenders.  Say it with me: Always Use a Local Lender! Conventional [...]

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“Stay alive as long as you live”   J.W. Fanning  Bloggers are an interesting bunch.  Correction: GOOD bloggers are an interesting bunch.  They post regularly, often for years, even when no one is reading.  They just keep going. But here’s the thing: some of the busiest folks I know still carve out time to blog.  [...]

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I will make this one short since it is really a footnote for the last post.  In a nutshell: If you are buying a foreclosure, make sure you have some type of inspection period (banks and the feds usually grant you about 5 days…short but doable if you move quickly to do you due diligence).  [...]

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The following is an email exchange between a client and me this morning.  It seems that so much of what we are doing as realtors these days is anything but routine, and every email, telephone call, market analysis, etc., seems to have so much more riding on it than in the past.  Not to say [...]

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I have been talking septic systems a lot lately, and I think I know a thing or two about them. Not how they work, but how to “deal” with them when negotiating a RE transaction. Septic Systems are quite a topic these days. With all the rain we’ve had lately, a number of dormant septic [...]

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Holy Cow!  The sun is out! A friend who recently moved here from Seattle to escape the gloomy weather now fears he may have brought it with him.  No kidding, we’ve had 56 inches of rain so far this year, and I can’t believe this next line, but it is apparently not even a record.  [...]

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Hi All.    Please see this link for up to date info on extending the first time homebuyer tax credit.  It’s not a done deal, but it looks promising.  The proposed legislation would include repeat buyers, and this addition will surely result in better housing stock to choose from (Ask any realtor, and they will [...]

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Man, it has been a long time since my last post, so long in fact that I failed to update my credit card info or failed to confirm something with my blog provider, and offline it went! But I have an excuse: I’m a busy guy. Very very busy. With a part time assistant, I [...]

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Excellent piece on short sales on NPR today.  Hits the nail squarely on the head, and at this risk of sharing this with the millions of readers of this blog, resulting in a grinding halt to the economic turnaround currently being propelled by the 8000.00 fed tax credit and the new 1500.00 state tax credit, [...]

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