Team Thayer Property Servicing

The Politics of Real Estate!  Sales secrets from Justin Thayer #Eugene #Oregon #ReallEstateBroker.

1. STUDY THE MARKET Most homeowners enlist the services of a real estate agent to market their home and perform a variety of tasks, including reaching out to a network of buyers' agents, preparing the home for viewing and dealing directly with prospective buyers. That shouldn't preclude sellers from being knowledgeable about the process, however. "The most important thing in pricing and getting your house sold fast is to do your homework," said Michael Corbett, a real estate expert at Trulia, a housing information and listing website. Trulia and other online real estate sites, such as  Redfin.com  and Zillow.com  feature searchable maps and home sales data. Look up what similar homes have sold for in the last 30 to 60 days and how long they've been on the market. You can also see whether those homes sold for less or more than their initial asking price. 2. BE PATIENT Some sellers may be tempted to press thei...

T he world of real estate can be confusing, and sometimes, even with careful planning, mortgage payments can be difficult to make . If you find yourself faced with options like foreclosure, bankruptcy or a short sale, it’s important to understand your choices. A short sale is for those who do not qualify or do not want to  refinance their home mortgages . In this situation the seller can accept a lower bid for the property to increase the chances of a quicker sale. This requires that the lender agree to accept a payment lower than the balance owed on the mortgage. The lender takes a loss but gets at least some (or even most) of its money and both parties  avoid foreclosure . The Process Short sales can be a long and complicated process and require a streamlined communication line between seller and mortgage lender. Most creditors require that the borrower show that financial hardship is preventing them from making mortgage payments. Different c...