Should You Include Personal Property In Your Offer?
Monday, April 25th, 2011 Posted in Inside Real Estate | 2 Comments »It’s somewhat common for buyers to ask sellers to include the refrigerator, washer, or dryer in their offer. This is especially true with first-time buyers who want/need to avoid having to part with precious cash for those items. Doing so can complicate ...
My Strangest Home Inspection Ever
Sunday, April 24th, 2011 Posted in Inside Real Estate | No Comments »Just when I thought I had seen everything in real estate a few years ago, I experienced the strangest home inspection ever. Another RE/MAX West broker had sold one of my listings ~ a drop-dead gorgeous $465,000 custom home. The builder was ...
Is Our Current Market A “Once In A Generation Opportunity”?
Saturday, April 23rd, 2011 Posted in Inside Real Estate | No Comments »I ran across an interesting article on DSNews.com this past Friday that made me stop and think. Most of us, including myself, are so mired in the reality of our current market that we fail to see beyond the present. The article ...
National Mortgage Delinquencies Decline
Friday, April 22nd, 2011 Posted in Inside Real Estate | No Comments »Lender Processing Services (LPS), a firm with nearly 40 million mortgage loans in its database, is reporting that the nation’s mortgage delinquency rate plunged to 7.78% at the end of March. The statistic includes loans that are at least 30 days ...
Feds Want Lenders To Do Their Jobs
Thursday, April 21st, 2011 Posted in Inside Real Estate | No Comments »Our guvment wants to save us from ourselves. The Federal Reserve Board is proposing new rules under Reg Z that would (gasp!) require lenders to determine a borrower’s ability to repay a mortgage before making a loan. Wow ~ what a concept! According ...
