Category Archives: Home Sales

Straightening Out Title Tangles

Tracey Rumsey writes in her book Saving the Deal: Real estate title: It’s the evidence of legal ownership of the property you are trying to help your client sell or buy. Somebody owns the house. Somebody wants to buy the … Continue reading

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Get A Home Warranty

Jim Remley writes the book "Sell Your Home In Any Market": A home warranty is a service contract that helps protect against the expense of repairing or replacing covered home appliances and mechanical systems that break down as a result … Continue reading

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The Top Five Financial Incentives To Attract A Buyer

Jim Remley writes the book "Sell Your Home In Any Market": 1. Pay the points. Points are fees charged by lenders for providing financing. In general, 1 point equals 1 percentage of the mortgage balance. For instance, a buyer paying … Continue reading

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The Psychology Of Selling A House

Jim Remley writes the book "Sell Your Home In Any Market": It is the process of moving from being completely satisfied, happy, and content in their present home to being dissatisfied, unhappy and downright miserable. It doesn’t happen overnight, but … Continue reading

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Have We Hit Bottom?

From the New York Times: No one actually knows when and where the housing market will bottom. In Ocean City, N.J., for example, inflation-adjusted house prices rose about 1.6 percent a year from 1988 through 2002. Compared with what this … Continue reading

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Has The Housing Market Hit Bottom?

Here’s a view from Las Vegas: The foreclosure bailout is a potential boon to lenders and homeowners. Under the program, financially distressed homeowners have the opportunity to reduce their mortgages to 90 percent of their home’s current appraised value. Effectively, … Continue reading

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Housing Recovery

Dean Calbreath writes: Even after nearly three years of declining prices, home prices still remain too high for most households to afford. Michael Pento, senior market strategist at Delta Global Advisors, an investment advisory firm in Huntington Beach, notes that … Continue reading

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Small Increase In Home Sales

From the New York Times: Sales of previously owned homes, which make up most of the nation’s housing market, increased 2 percent in May, reversing two months of declines. “Buyers still face significant disincentives as home prices continue to drop … Continue reading

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Harvard Study Says Housing Recovery Will Be Slow

From the New York Times: A two-year home price drop is eating into housing wealth, curbing consumer spending and slicing away economic growth. This is unlikely to change until potential home buyers are convinced that prices have stopped tumbling, the … Continue reading

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Home Sales Unexpectedly Rise

From the New York Times: Pending home sales unexpectedly rose in April to the highest reading since October, an industry group said Monday, but experts said the large proportion of distressed property sales would continue to weigh down prices. A … Continue reading

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