National Mortgage Servicing Standards Are Coming
Tuesday, May 24th, 2011 Posted in Inside Real Estate | No Comments »It’s pretty obvious that mortgage lenders have blown it when it comes to servicing their delinquent loans. There’s little excuse for their common practices with short sales and foreclosures that include: Foreclosing on borrowers who are in the process of getting a ...
Adverse Material Facts & Other Annoyances
Sunday, May 22nd, 2011 Posted in Inside Real Estate | No Comments »I recently represented a buyer in a transaction where two different inspections revealed the previous existence of standing water in the crawlspace. My buyer asked the seller to remediate the problem as a condition of proceeding with the transaction. When I pointed ...
How Important Is Price Per Square Foot?
Friday, May 20th, 2011 Posted in Inside Real Estate | No Comments »Why does everyone obsess over price per square foot? In the internet age, buyers have a lot of data and one of those pieces of data is price per square foot. Some buyers think price per square foot is the best way ...
I Have An All Cash Offer !!!
Thursday, May 19th, 2011 Posted in Buyer Stuff, Inside Real Estate, Seller Stuff | No Comments »How many times have I been told by a buyer’s agent that they have an “all cash offer” for one of my listings? More times than I can count, especially lately with roughly one-third of our sales being cash deals. There’s a ...
Is Price The Most Important Thing?
Wednesday, May 18th, 2011 Posted in Inside Real Estate | No Comments »Both buyers and sellers obsess over price. Buyers want it to be lower and sellers want it to be higher. But, price isn’t everything. There are many other important elements in an offer, including earnest money, the length of escrow, contingencies, closing costs, ...
