LINDA SABO

Technology is amazing--today I discovered that RE/Max has a site where your can view on a map of the entire United States to see where people are searching remax.com for listings & information on agents, communities, neighborhoods, schools, etc. Take a look if you're interested at: http://workingforyou.remax.com/.

Anyone have other sites that are really cool? Sometimes I think someone should put up a list of new sites or places of interest each day so that we can search to our heart's content and not have to Google every time we want information! Anyone up for that type of search?

I read an article in realtor.org that summed up what help as a real estate agent that I can give my seller. Here's what they recommend.

1--Work with your seller to see if (a) the seller may be able to sell and bring cash to the closing, (b) work out loan options with the seller (c) offer them a short sale or a deed in foreclosure.

2--Have your seller contact a HUD approved credit counseling agency--eg. HopeNow.com will help the seller determine whether the seller should (a) restructure the loan, (b) sell the home or (c) declare bankruptcy.

3--When listing the property the listing agent should declare in the Private Comments that the home is a short sale or that the home is in foreclosure.

4--Let the seller understand how long it may take to close on their home--from 30 days to 6 months. The lender may require more than one BPO (Broker Price Opinion) which will add to the time to close.

5--Find out whether the seller has a recourse loan (seller is responsible for any shortfall after the sale) or a non-recourse loan (lender cannot force seller to repay the shortfall).

October, 2, 2009

On October 1, 2009, the National Association of Realtors® released this news release stating that "Record Streak Continues for Pending Home Sales"

In the article the NAR said that home sales have increased for seven straight months, the longest in the series of the index which began in 2001. In August, 2009 the index showed that contracts signed in August rose 6.4% to 103.8% from the previous reading in July.

However, as NAR's chief economist, Lawrence Yun, states that there is a problem that not all contracts will be able to close by the end of next month because of the long delays of short sales and the complex new appraisal rules. Here's is what he has to say to Robert Freedman of Realtor Magazine.

http://link.brightcove.com/services/player/bcpid42529863001?bctid=42977231001

Here is the link to view the article in full: http://www.realtor.org/press_room/news_releases/2009/10/streak_continues

There's a great video on YouTube which explains how I can help you get a really good deal with the tax credit money the U.S. Government is offering. First, look at the video below, and then contact me at Linda@LindaSabo.com and I will help you find the right house for you and get you a really good deal using the U.S. Goverments' tax money.

http://www.youtube.com/watch?v=2leBqxcwhvI

LINDA SABO, Realtor, Re/Max Preferred Associates--(419) 344-6565 or Linda@LindaSabo.com

The following video from YouTube may help you think about what you could do with the $8,000 that the U.S. government is giving to home buyers. If you think that you might be interested please contact me at Linda@LindaSabo.com. I love getting really good deals for my buyers!!!

http://www.youtube.com/watch?v=tLqbFzM3o6E

REMEMBER--I LOVE GETTING REALLY GOOD DEALS FOR MY BUYERS!!!

LINDA SABO, Realtor (419) 344-6565 or Linda@LindaSabo.com