0 shares Share0 Share +10 Tweet0 Pin0 Share0 Quick Navigation So You Want To Buy A Short Sale?Short Sale price is not pre-approved by the BankDon’t be Dead Set on a short saleDon’t Lowball Your OfferMultiple LiensCommunication with a Bank is usually limited Banks Don’t usually negotiate the Settlement Date The Bank is King So You […]
What Buyers Should Look For at an Open House
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0 shares Share0 Share +10 Tweet0 Pin0 Share0 Quick Navigation Browse This Weeks Open HousesBefore you leave to look at open housesWhat to Look For At the Open HouseTake photos Does the house have any upgrades or special features that you should look for while you are walking through the house?What to look for at an […]
Government Shutdown will impact Home Buyers and Home Sellers
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Government Shutdown will impact Home Buyers and Home Sellers The Federal government has reached shutdown status. It will impact the processing and closing of mortgages, depending on where a loan is in the process and what type of loan it is. Here’s how you may be impacted as a home buyer or home seller: Open […]
Buyers Hoping For a Good Deal Need To Act Fast!
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Buyers Hoping For a Good Deal Need To Act Fast! Things are moving quickly in the real estate market right now, so buyers hoping for a good deal need to act fast! In fact, 230 homes have gone under contract in less than a month. So, what can you do as a buyer to improve […]
More Important To A Buyer Price or Cost?
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What is more important to the buyer price or cost? In most cases when you are buying a home, price is the biggest concern. What you are really looking for as a buyer though is cost. Here’s why that’s important. Most people think of the mortgage rate as a fixed cost, but in truth mortgage […]
Now is A Great Time To Move Up and Here’s Why!
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Here’s Why You Should Move Up Now if You Can! Right now is a great time to move from a smaller home to a larger home. Let’s assume you purchased a home for $200,000 in 2007 and have seen it drop in value by 20% to $16o,ooo. That would mean you would lose $40,000 on […]
Why You Should Buy a Home Now
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Now is a Great Time To Buy a Home and Here’s Why! After several years of price drops, most of the nation has seen prices stabilize. Forecasts show we will begin to see modest gains in the housing market in the coming years. More compelling is the current mortgage rates which continue to be at […]
Jenney’s Run Newark Delaware Real Estate Market Year In Review 2011
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Jenney’s Run Newark Delaware Real Estate Market Year in Review 2011 Jenney’s Run Newark Delaware had 3 home sold in 2011 with the average sales price of $216,167. The high price was $225,000 and the low was $206,000. As of 12/31/11 there was one home under contract. The average days on market was 60. In 2010, Jenney’s […]
What Everyone Should Know About Buying a Foreclosure (part 1)
Reading Time: 2 minutesWhat Everyone Should Know About Buying a Foreclosure (part 1) First, although some banks list their foreclosures at lower prices that is not always the case. You should always talk to your real estate agent to find out what home prices are in the neighborhood. Better yet, ask your agent to do a CMA (competitive […]
How’s the real estate market?
Reading Time: 2 minutesHow’s The Real Estate Market “How’s the Real Estate Market”, as a real estate professional this is the question that everyone asks me. I could be at a gas station, grocery store, coffee shop- it doesn’t really matter. If I am wearing my nametag or a shirt with the Patterson-Schwartz Real Estate logo, I will […]
The Silver Lining
Reading Time: 2 minutesThe Silver Lining in Real Estate With all of the doom and gloom we see in the headlines about the housing market, Fannie Mae came out with its’ housing reports a few months back. It is full of a lot of very depressing news on the housing market. Hidden within the report, were some […]
