Got Foreclosure! - Blog

The NAR and several high-profile broker advisors agree with my assessment of the difficulties surrounding short sales that involve listing or buyer’s agents.
A NAR committee is pondering changes in disclosure guidelines.
Meanwhile, broker advisor Jonathan Goodman reveals telling advise in an interview with Mark Eibner:
Jonathan Goodman: “I advice my real estate broker clients that they do […]

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How’s that for a provocative title? But unfortunately it’s true!
And there is a lot of frustration out there among agents that have a bunch of “short sale” listings that aren’t selling.
It’s no surprise, because a “short sale flag” on an MLS listings is the “kiss of death” most of the time. There are three reasons […]

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Few creative ways of boosting affordability are as effective as a lower purchase price.
You may have thought so, but take a look at these charts to get a real feel for how large an impact the purchase price actually has on affordability, when compared to the effect of a wide range of interest rates.
However, in […]

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Here is a sign of a shift in the REO market dynamics.
I just got off the phone with one of my REO listing agents that are supplying me with deals, and she told me that her own listings have been bought up left and right over the past 2 months. In fact, she said, her […]

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Finding good property deals in a market that is flooded with foreclosures can be tricky. What is the best way to find and buy in this market?
Working foreclosure lists yourself, or following the constant stream of new MLS listings are good methods, but it takes a lot of time and/or a sophisticated system to keep […]

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