The latest mortgage fraud scam known as “flopping” has sellers who actually make their home look undesirable so that they can attract low offers from buyers. Some Sellers Seek Lowball Offers on Homes?
Investors Still Buying Up Properties in Bulk
"We need home buyers in the properties," one California realtor told USA Today. "[But] when you put this amount of rentals in one community, your housing values are going to drop." Investors Still Buying Up Properties in Bulk
Homes Are Selling Faster Than Last Year
Nationally, homes were listed on average 95 days, according to September housing data. That's down from 107 days a year earlier. The days-on-market figure for the west Anne Arundel County, Md., area has dropped even more. Homes Are Selling Faster.
Falling Foreclosures Pushing Up Home Prices
Last month, new foreclosure filings reached a five-year low, according to RealtyTrac Falling Foreclosures Pushing Up Home Prices
Study Finds Appraisals Continue to Hamper Home Sales
Appraisals generally lag market conditions and some changes to the appraisal process have been causing problems, including the use of out-of-area valuators who lack local expertise. NAR: Appraisals Continue to Hamper Sales
Come to Our Free Home Buyers Seminar Oct. 20!
Event Will Be Held at The Village at Waugh Chapel Community Center
Thinking of buying a home? Confused about how the process works? Wondering if you can afford to buy? Then you’re invited to attend a free home buyers seminar Sat. Oct. 20 at The Village at Waugh Chapel Community Center.
A group of local real estate and industry experts, including me, will be on hand to discuss such topics as local market conditions, financing options, the settlement process and insuring your home and your future.
Learn more about the types of mortgage options available, how short sales and foreclosures work and tips for saving time and money on the closing process. After a short presentation, the class will be driven primarily by the questions of attendees.
Whether you’re a first-time homebuyer or an old pro, you’ll learn something new at this free seminar.
I'll be there to discuss home buying basics, the state of the west Anne Arundel County housing market, and how to find the best home for you. Julie Orsini of Primary Residential Mortgage in Odenton will explain the lending process, how to improve your credit scores, and special financing assistance available for veterans, military and first-time home buyers.
Ed Cooper of Odenton’s Performance Insurance Group will help attendees understand the types of insurance policies and coverage options they really need. And David Bowers, Esq., of Progressive Title, will explain how the closing process works and how home buyers can save money on settlement.
Flyer for Home Buyers Seminar (pdf)
What: Home Buyers Seminar
Where: The Village at Waugh Chapel Community Center (behind Robert Andrews & Fuji Steakhouse)
When: Saturday Oct. 20, 2012, 1:00 pm – 3:00 pm Who: Anyone interested in buying or selling a home
Sign-Up: Registration is requested; call (443) 924-7418
Cost: FREE!
If you can’t attend the seminar, you can arrange a free, private consultation. Call (443) 924-7418
Most Sellers Estimate Their Home's Value Way Above Recommended Listing Price
Study finds 77 percent of sellers say their home is worth more than their real estate agents’ recommended selling price. Most Sellers Estimate Home Value Well Above Recommended Listing Price
Forget Starter Homes! First-Timers Trade Up
One big driver for first-time home buyers to to go big on their first home is low mortgage rates. Forget Starter Homes! First-Timers Trade Up
Is Tax Relief for Short-Sale Debt at Risk?
Debt forgiveness relating to short sales is considered taxable income by the IRS. A federal law that temporarily relieves this tax burden by making the debt forgiveness from a short sale or a mortgage principal reduction not taxable is about to expire. If Congress doesn't renew the provision, many in the real estate industry speculate that short sales will drastically decrease. Short Sale Relief at Risk?
Reluctant Sellers Hold Up the Market?
Inventory levels of for-sale homes have been tightly constrained in many markets, resulting in shortages of available for-sale listings. Reluctant Sellers Hold Up the Market?
