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Nathan Bangs, CDPE

The truth behind your credit score internet TV Interview

Hello,

CREDIT, CREDIT, CREDIT!! We even her a song about it on TV now!

Are you looking for a new home?

Just want to increase your credit score?

Questions about Short Sale and Foreclosure credit hits?

Tune in to the Nathan Bangs Real Estate TV show on UStream.tv on December 8th at 6:00 right from your computer. Click on the link below and watch me interview Laurie Zoock who is a credit specialist.

http://www.ustream.tv/channel/tampa-bay-real-estate-show

Do you have a question, just log-in to the chat session and we will reply to your questions.

How great is this? Watch a TV show customized to your needs right from the Internet on Nathan Bangs Real Estate TV show.

So many of my friends and clients ask about their credit score and as a Realtor I am not in tune with that information...so I have asked Laurie Zoock who is a Credit Specialist to speak and answer you questions.....

http://www.ustream.tv/channel/tampa-bay-real-estate-show

Thanks and let me know if you have questions prior to the show, I will add to my notes.

Nathan

Nathan Bangs & Associates

www.NathanBangs.com

Twitter.com/NathanBangs

Learn more about your credit score with credit advocate Laurie Zoock

Want to know how credit scores work?
Want to know how to increase your credit score?
Should I call those TV commercials?
How does a short sale? Bankruptcy? Foreclosure mess with my credit score?
When can I buy a home again after a short sale or foreclosure?
Can you help me increase my credit score?
What about my credit cards?

Credit Advocate Services, Inc.
Laurie Zoock, President
Columnist, Dunndeal Publications "Credit Crunch Crises"
E-Zine Expert www.ezinearticles.com
Phone: 813-500-6064
Fax: 813-435-2447
Website: www.creditadvocateservices.com
Email: creditadvocateservices@gmail.com
13911 W. Hillsborough Avenue, Suite 166
Tampa, FL 33635
Your Affordable Credit Specialists...
...not a law firm.

Facebook Invitation - http://www.facebook.com/home.php#/event.php?eid=112761993239

Thanks,

Nathan Bangs - Realtor

www.NathanBangs.com

How To Write Short Sale Offers For Buyers with Nathan Bangs

DO NOT MISS THIS ONE!!!

Nathan Bangs will share with you secrets to success in getting great deals for your buyers with short sales. He will also share with you what to look out for when negotiating for your buyer.

Educate your Buyer on Short Sale and how to make an offer that will stick.

Registration is required - Cost is $20.00 for workbook.

Please email Michele to confirm your attendance so we have enough workbooks.

Seating is limited to 40 people so RSVP early.

Also feel free to invite your fellow co-broke agents.

What a great deal!

Link to Facebook invite - http://www.facebook.com/home.php#/event.php?eid=123666947397&ref=mf

Thanks,

Nathan Bangs - Realtor

FREE - What the Seller needs to know about Short Sales, Bankruptcy & Deficiencies

Reminder that Thursday I will be hosting a class on Short Sales for the seller and what they need to know..see more information below. Room holds 30 people so RSVP early by replying to this email.

Learn about Short Sale Deficiencies, Bankruptcy and the impact of 1099C from Chris and Shawn from the law firm of Yesnerb&bBoss.

A Short Sale is the sale of a house for fair market value, even if that value is less than what is owed to the lender. If the lender agrees to accept the proceeds of the short sale, there may be tax or other consequences to the borrower. At Yesner & Boss, P.L. we can assist you with the legal and tax consequences of the short sale. However, by accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what is owed.

In addition to the financial stress faced by most people going through foreclosure, the short sale process can also be very overwhelming without the proper assistance. At Yesner & Boss, P.L. we can assist you with the listing, offer, sale and submission of the proceeds to the bank in order to pay off your mortgage and in most cases there will be no further liability to you. Our goal is to make sure you present your short sale request adequately to lenders as it can often times be the difference between succeeding and failing.

Snacks and Drinks will be provided.

Questions just ask!! Hope to see you there.

What the Seller needs to know about Short Sales, Bankruptcy & Deficiencies

1 night with Chris Boss and Shawn Yesner from Yesner & Boss Law Firm

Host:

Nathan Bangs & Associates of Keller Williams Realty

Date:

Thursday, July 23, 2009

Time:

7:00pm - 8:30pm

Location:

Keller Williams Realty South Tampa

Street:

3502 Henderson Blvd

City/Town:

Tampa, FL

Phone:

8137395965

Email:

admin@NathanBangs.com

Real Estate Marketing and Property Investment Firm

Email - Nathan@NathanBangs.com

Office - 813.739.5965

Buyer Line - 813.739.5925

Fax Line - 813.200.1091

Visit us online - www.NathanBangs.com

Click Here For A Market Snapshot Of Your Mid-Florida Neighborhood

Greater Tampa Bay Association of Realtor Stats for March 2008

It is that second weekend in the month when the Greater Tampa Bay Association of Realtor Sales stats come out. I like to share this information with you so you have full knowledge of what is going on in the Tampa Bay Real Estate Market.....Some of you asked what happened to February's numbers...well, not much to report, numbers just so happened to be the same as January..so I wanted to hold my breath and see what happened in March....we I am happy to say March we saw some movement. Not massive movement but forward progress.

In the month of March we saw -

  • Months of Inventory drop for 25 months in February to 17 months in March
  • Days on Market hold from 120 to 122
  • List Price to Selling price hold at 6%
  • Home Sales up from 1162 from 813 in February and 791 in January
  • 20,141 Homes for sale in March, 20,486 in February

Does this mean we have hit bottom? Well, no one can make that call officially so I will give you my un-official vote....prices will still continue to correct themselves ( I feel another 10% on top of the already 30+%) since we still have 20,000 homes on the market. Remember that 6 months is a normal market and we are at 17...so 1 year from now if we don't list another home.

  1. We are in the selling season, sales have picked up and they will continue until summer. If you are not getting showings now you are overpriced, if you are getting showings but no offers, you are overpriced. So if you cannot sell in the next 3 months you are over priced and the clock is ticking.
  2. In January the MLS / MFR changed Realtor Code of ethics on Short Sales making agents put their inventory in "Pending Status". What this did was take homes that had offers on them off of the Active table and off of the market.
  3. Shorts Sales into lenders started to close so we have buyers that waited n Bank Approval, could take 90-120 days to close a Short Sale.
  4. Sellers are realizing that Price is King, King, KING! List prices have really come down in 1Q 2008

I feel that the 80 / 20 rule applies here....of the 20,000 homes on the market 4,000 are priced right and will sell in that 120 day timeframe. So if you are priced right you have a 1 in 4 chance of selling....if priced wrong you, well, you will not sell and outside of the 20% that will sell.

Now that numbers above are "broad and general" statements....look at the report to see your specific price range or type of home. If you have a $1m home to sell it could take you 5 years. 57 Months of inventory....Ouch!!!

What is selling and who is buying.....

  • First Time Home Buyers are out in force, seeing deals all day long and they don't have a home to sell holding them back
  • Smart Investors seeing the market down 35% and looking to Buy Short Sales and REO's at an even deeper discount!
  • Move up Buyers that held on long term and need a larger place BUT not the over $750,000 homes they are stuck with over 5 years of inventory
  • Sellers that price their home at 5% below market value and take 5% off of list price to move it ASAP...

In the end Tampa Bay has an "affordability" problem....prices so HIGH that Buyer's could not purchase. We are getting back to reality in this Real Estate Market correction that we are in.

What do you think of the stats? How do you feel about the market

HELP ME GROW! Do you know someone looking to Buy or Sell Real Estate right now that could use my services? Please contact me with their name and number, I will follow up right away.

Thanks,

Nathan

Nathan Bangs & Associates of Keller Williams Realty

Real Estate Marketing and Property Investment Firm

office - 813.875.3700 x263 / fax - 813.200.1091

Search the MLS - http://www.nathanbangs.com/

Click Here For A Market Snapshot Of Your Mid-Florida Neighborhood