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Showing posts from April, 2014

Why is my home not selling?

There are many reasons why a home is not selling. Some reasons carry more weight than others. Here are 7 common reasons why your home isn't selling. Who is your Sales professional?   Every real estate market has hundreds or even thousands of real estate agents in their respective board. Just like “no two people are alike,” “no two real estate agents are alike!” Every real estate agent has different ways of communicating, how responsive they are, how they negotiate, their energy level, and many other characteristics that differentiate one agent from another. Selecting the “right” real estate agent to sell your home is a vital part of whether a home will sell. Both their budget as well as mastery of  negotiation & marketing makes such a huge difference.  What is the Marketing  Plan?  According to the National Association of Realtor's, 92% of home buyers use the internet for their home search. Is it important to have a real estate agent who is an internet marketing pro

Understanding The FHA Short Sale

Understanding The FHA Short Sale A homeowner may be eligible for an FHA short sale if the hardship of seller is determined by the HUD. The government has its involvement in short sale so almost all the FHA short sale falls under the Housing and Urban Development guidelines. A short sale may be tricky and confusing to understand for agent and sellers.  Below given tips may be helpful to understand the FHA short sale. FHA Short Sale Guidelines If the short sale is on the short track to nowhere, then there are chances that it is stuck in the FHA waterfall. FHA may want to look for loan modification possibilities. Your FHA short sale process will be much faster if your loan modification was rejected. The home is identified as 1 to 4 units. This means a duplex or fourplex can qualify for the FHA short sale, but a 5-unit apartment building cannot. Vacant houses are not allowed to be renting out more than eighteen months.  A variance must be obtained to proceed the FHA short sale if

Mortgage Rates Survey - Freddie Mac

Justin Thayer / Team Thayer Real Estate 10 year anniversary today!

Say happy work anniversary! Justin Thayer 10 years this April Key Realty Group, LLC Like ( 1 ) Say congrats ( 8 ) 3d ago   Doug Hall   Congrats Justin!!! 3d ago Ron Nix   Congratulations! 2d ago Larry Go Ducks Newby   Congrats! 2d ago Mike Grudzien, MS (1,500+)   Congrats! 2d ago Becky Shiffer   Congratulations! 2d ago Cynthia Howard   Justin: Congrat's on being at Key Realty Group! We at Key Realty Group are so happy to have you here. Your expertise in REO's is invaluable! 2d ago Bob Barnard   Congrats! 2d ago Luke Rabun   Congratulations, Justin! Remember Oregon Home Inspections when you need your next home inspected. www.orhomeinspections.com 2d ago LOOKING FOR A NEW HOME? Click ON THIS LINK:   www.teamtahyer.com

5 REASONS TO SELL YOUR HOME NOW

Many sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? Can buyers qualify for a mortgage?  These are all valid questions. However, there are several reasons to sell your home sooner rather than later. Here are five of those reasons. 1. The Most Serious Buyers Are Out Now Most people realize that the housing market is hottest from April through June. The most serious buyers are well aware of this and, for that reason, come out in early spring in order to beat the heavy competition. These buyers are  ready ,  willing  and  able  to buy…and are in the market right now! 2. There Is Less Competition Now Housing supply always grows from the spring through the early summer. The choices buyers have will continue to increase over the next few months. Don’t wait until all the other potential sellers in your market put their homes up for sale. 3. The Process Will Be Quicker One of the biggest challenges of the

Lack of sellers, preponderance of buyers pushing housing prices

WASHINGTON -- Entering the 2014 spring buying season, the U.S. housing market faces an unusual dilemma: Too few people are selling homes. Yet too few buyers can afford the homes that are for sale. "Both sides of the equation are in a funk," said Glenn Kelman, CEO of the real estate brokerage Redfin. A 13.4 percent jump in the average price of a home sold last year, according to the Standard & Poor's/Case-Shiller 20-city index, hasn't managed to coax more homeowners to sell. And combined with higher mortgage rates, higher prices have made homes costlier for first-time buyers as well as for all-cash investors. In this Thursday, Jan. 9, 2014, photo, a for sale sign hangs in front of a house in Mount Lebanon, Pa. (Gene J. Puskar/AP Photo) Average prices nationally are expected to rise by single digits this year. The gains could be strongest in areas with solid job growth, such as Seattle and Austin, Texas. And while construction will put more homes on t