Solutions for Low Appraisals
Don’t panic if the appraisal comes in low. It’s tough to remain calm when it appears the pending sale will fall apart, but both parties have options:
Buyer can make up the difference in cash. The lender cares about the appraisal only to the extent it affects the loan-to-value ratio. A low appraisal [...]
I found an interesting article on inman today:
How to prevent foreclosure
Don’t delay in contacting your lender
“I received a call to my radio show just before the end of the year from a woman who had just received a letter from the bank that it was starting foreclosure proceedings.
Let’s just say that it wasn’t the year-end [...]
Question: If a buyer’s agent comes along, we show the house and the buyer makes an offer, what kind of realtor’s fee should we expect?
Answer: 2.7%+.
Almost everything is online these days, including buyers for Real Estate so if the simple fact that almost 8 out of ten buyers are on the internet these days shopping for that perfect home is important to you then the answer to your question is YES.
A reverse offer is an offer from the seller to the buyer. The seller proposes the terms he will accept after the buyer has expressed some interest. This can help a seller keep a buyer interested before they move on to another property, or if they are choosing between homes.
If you’re a homeowner or plan to be one someday, this episode is for you. There’s a significant tax benefit for homeowners that’s really important to know about.
If you’ve owned and lived in your house for two of the previous five years, there’s a gift for you in the Federal tax code. And here it [...]
Walking does more than driving to cause global warming, a leading environmentalist has calculated.
Food production is now so energy-intensive that more carbon is emitted providing a person with enough calories to walk to the shops than a car would emit over the same distance. The climate could benefit if people avoided exercise, ate less [...]
Where will 2008 take us? Based on Elizabeth Weintraub study of real estate facts and trends from 2007, here are her professional home buying and selling predictions for next year.
If you’re planning to sell a home in 2008, it’s time to start thinking about how to make that home stand out from the rest.
Slow is the word in housing market. The real estate market has slowed down in many areas that were booming over the last few years. Sellers in those areas got spoiled. It was only necessary to put a sign out front, and buyers came. Homes sold in a matter of days. This is no longer [...]