About Bristol County, MA

Another Reason Why A Buyers Agent is Not A Luxury in Today's Market.. It's a Necessity

more so for Foreclosures, Short Sales, and for the first time buyer.

I was at an open house today. A buyer walked in. He said he just "lost" a house that he was suppose to buy and close on this week. Naturally I was curious and asked questions .

He indicated that he knew it was a foreclosure and wanted a "deal". He also said he didn't have a buyers agent or an attorney. He agreed to buy the house "as is".

One of my questions to this buyer was "Exactly who do you suppose the listing agent represents?" ... you know the answer.

He said he was saving money and time by not having a buyers agent...

. In reality this poor guy wasted money and time on home inspection, appraisal and time that he just cannot get back..

Have you ever met a home buyer who wasted money on home inspection after home inspection? No Buyers agent, no attorney... really, really disappointing to them.

Long story.. longer ).. This house that the buyer was suppose to buy had some major title issues: The bank that owned this house failed to record the mortgage assignment properly!Did you know that many foreclosed properties have title issues, record keeping issues, and more?

Many Foreclosed properties cannot be financed conventionally except by a rehab loan ( really difficult to obtain, I might add). What this means is the house cannot be bought unless the issues are clear. Again, a good buyers agent will only show you the homes that you have the ability to buy.

The moral of the story is to CHOOSE the RIGHT buyers agent... not just anybody. Choose an agent that is always "in"education. Choose an agent that will Consult rather than sell. and someone savvy about the entire home buying and selling process.

Thank you for viewing my blog!

Bristol County 3rd Quarter Market Report

	Q2' 09	Q3' 09
Average Price	$269,200	$274,500
# Homes on the Market *	2,849	2,648
# Homes Sold **	747	886
# New Homes Built ***	78	72
Avg # of Days on Market	118	112

See the entire report by pressing HERE

Market Indicators for the 4th Quarter of 09 are that the Number of New Homes and the Number of Homes on the Market is going to increase. Sale price and the number of homes sold is expected to remain stable.

According to the MLS records the 3rd Quarter had leveled out to be a neautral market. Not a Seller's Market BUT not a Buyer's Market either. Homes that are priced accordingly are receiving multiple offers and are selling OVER asking price.

Bobbie Files
Your Bristol and Plymouth County Realtor

Visit my website at www.BerkleyMass.com

Search for Berkley Ma Homes at: http://BerkleyHomes.BerkleyMass.com

Search for Taunton Ma Homes at: http://TauntonHomes.BerkleyMass.com

For those struggling to pay your mortgage payments please visit: http://shortsales.berkleymass.com

ARE YOU INTERESTED IN PURCHASING ONE OF THE INCREDIBLE FORECLOSURE BUYS ON THE MARKET???
VISIT - http://JustForeclosures.BerkleyMass.com

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The changes in the world of real estate appraising today is amazing. I don't know if you've noticed but the AMC (appraisal management companies) along with FHA have no interest in just a residential appraiser any longer. it's either certified or nothing. What this means in my service areas of Mass and RI is 200 hours of classroom (not online classes actual classroom) and an associates degree or related classes. What is so bad about being just a licensed real estate appraiser these days. Can you imagine the cost just to become and appraiser and who will hire trainees if these companies won't allow them to appraise. It is truly amazing. To end on a positive note though, all these changes will make the appraiser a valuable and rare commodity.