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"I'm not out there sweating for three hours every day just to find out what it feels like to sweat" ~ Michael Jordan on his practice habits
If the market is truly heating up, the time is right to make sure you have been keeping up with your
client base. Now more than ever, they will need assistance to figure out what is a good deal and whet is
not. There seem to still be sellers who don't realize the market is down!
We need to make sure that the 1st time buyers, who are getting this $8000.00 credit are not
just buying a home to buy a home. You know what I mean.
It's the reason a buyer and seller should interview and question the motive of their REALTOR.
Keep up the positive info out there, call as many people as you can to give them the great news!
Do something nice for someone today!
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| "Today I will do what others won't, so tomorrow I can accomplish what others can't."
-Jerry Rice, Football Player |
It's Monday again and raining! But, that's ok. It was a wonderful weekend for weather and business.
There are a lot of people out looking, trying to find a good deal. I met several first time buyers who
were almost giddy about getting the $8000.00 tax credit. I'm glad to see the stimulus package may
be starting to work.
I'm going to make the most of the rain today..and call people to see how they are doing.
What if you were to reach out to someone today that you've not talked with for awhile.
Do you think you could make a difference for someone? Go ahead and try! It's what I'm going to do!
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So here's the question? Can you get a better deal on a "short sale" or on a REO property?
The difference is a short sale has not been aquired by the lender yet. The lender is agreeing to
take a lesser amount of money to allow it to close and not get it back. An REO property has
been taken back by the lender and is now owned by the bank.
I am working on three homes right now that are short sale properties. They are getting to be
very common. After talking with one of the lenders, I'm finding they are looking for an offer
of 80 to 90% of a current appraised value. That seems to be a good deal to me. If you
go for a short sale there is additional time spent waiting for the approval of the lender.
In an REO property, there is not too much of a wait for an answer on an offer. So my question is:
Is it a better deal to buy an REO property or a short sale property? I'd like to hear your thoughts?
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I found a great video yesterday on You Tube from the CEO of Coldwell Banker. It's a very good
video on the dangers of flipping and why home ownership is a long term investment.
It's worth your viewing if you're thinking of buying a residence, investment or thinking of flipping!
http://www.youtube.com/watch?v=A-rnExtJg6k
Another reason why having a good REALTOR and lender on your side will make the difference!
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Today while driving to my Mom's house I saw at least four SOLD signs. I am so happy to see that! It
must mean that Spring is coming soon. The temp is perfect and I even am walking barefoot for the
first time in 6 months!
Last night while relaxing, a young girl came to my door all by herself. She had an empty jar and asked
for spare change to help children with no schools. It gave her a big handful and thought...what a
nice thing for a child to do.
Lastly, a video that I'd like to share that makes me cry every time I watch.
http://www.youtube.com/watch?v=cZtU676jA_k
If you feel like you are having a bad day, please watch the above video. I guarantee it will uplift
your mood and soul. There are good things happening around us...you just have to look for them!
It's going to be a great week...I can already feel it!
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