Feb 10
Marie StrahgTravel Tips Big Bear, home buying, home for sale, house for sale, luxury homes, New Homes, property, property listings, real estate, resort homes, single family homes, Travel Tips, vacation homes
A very common question that I am asked these days is ” What exactly is the difference between a short sale and a REO?” Typically I then go into a detailed explanation of the negatives and positives and eventually make then understand that REO’s are for sure the way to go. I’ve had a few deals in the last couple of months that really bring that realization to light.
The first case involves a really neat family I have been dealing with for over a year. They are from North Hollywood and have wanted to buy a place up here for a long time. When we initially looked, we couldn’t find anything that really fitted their needs. They decided to wait a year and then take a look when the prices had really dropped.
So, I took them out a couple of months ago and found a cabin that was perfect for them. The cabin is super clean and situated on a great lot with a ton of beautiful oak trees. Even at the $149,900 price tag, it was a great deal. The one big problem with it was it being a short sale listing. I warned them of the major hassles that usually accompany buying a short sale, but they liked the house enough to risk it.
We had waited about a month, and still hadn’t heard back from the bank. In my mind I already knew the selling agent hadn’t done his part to get the process going to complete a short sale. I informed my clients that our only choice now was to wait for a response from the bank. About another month or so went by before the selling agent informed me that the bank pulled the listing without giving a response to our offer.
Which just goes to show you that short sales can be very unpredictable. I am sure this saga will continue…
Article submitter Marie Strahg knows all about shopping a Big Bear, CA foreclosure plus Big Bear realty overall. Read more of her posts online.
Nov 30
Mayheemid JohnsanFlorida Florida, home, home buying, home selling, leisure, locations, marketing, real estate
Finding beautiful real estate on the beach in Clearwater Florida is difficult. Deals only come around so often and they get snatched up quickly.
However, there is only one problem with clearwater florida and that is real estate in the area is hard to find and highly expensive.
If you have the money to buy a place in this area then go for it. If not visit my website and I can help you negotiate to a price that you can afford.
It is not a surprise why so many famous people live in clearwater. It is probably in the top ten best looking cities in the united states.
Clearwater got its name just like its name indicates. It has some of the clearest ocean water lining the city in the united states.
Look Beneath for some techniques for finding good real estate in the clearwater area.
- Read Clearwater Ad Bulletins
- View Real Estate Television
- Pick up Clearwater Newspapers
- Visit Homes
- Incorporate RS Guides Locally
- Find Magazine on RS to Subscribe to
Honestly, I feel the most effective way to acquire good real estate is through viewing clearwater tv shows that advertise real estate.
In a lot of cases you can find some good houses that you are appealed by. You still need to be patient to find the best deal.
You will probably have to resort to simply visiting homes. You need to drive through clearwater and look for houses that are on sale.
Also if you are wanting to rent a house and can not find affordable deals you can use this same technique. Most houses will specify if they are for sale or for rent.
There should always be a bulletin in from the home that indicate sale or rent.
In my opinion the best method for obtaining good real estate is by hiring a specialized agent. They have many resources that can make the process go faster.
They are not going to put you in the hole in terms of money. All you have to do is pay a small commission for their efforts.
With that said you will want to hire someone who has a lot of experience. You will not want to hire someone with no experience.
This is a decision that could lose you thousands of dollars. So when you are looking for a real estate agent be careful and selective.
Once you have hired the right person they will begin searching immediatley for what you are looking for. Within about 2 to 3 days you should already have atleast three possible prospectives.
The pattern should not let down until you are in the house you have always imagined. You will be in house you love and can afford.
The tricky part is finding a clearwater home that you like. The average resident does not move for eight years.
This is a telling stat that could someday be you. That is the biggest reason to find a place you can live in for a long time.
That is what will make you the happiest in the end.
For more guidance on choosing clearwater florida real estate visit my online site.