These are all the Blogs posted in March, 2008.
Wednesday, March 5, 2008
Short Sales – Advantages and Pitfalls
Looking back a few years, when the over-exuberance of the housing boom was being partially fed by the first ingredients of the sub-prime debacle, it was difficult to foresee in this present day, we would be ramping ourselves up to speed on “short-sales.”
As many GreatWest GMAC Real Estate Professionals understand, “short-sales” can be anything but short in the process of negotiation with Banks, Mortgage Insurers, Sellers, Buyers, and ALL entities prevalent and present in a hoped for sale.
“If” a mortgage lender has agreed to allow “short-sale” on a property, and the home does... Read more
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Wednesday, March 12, 2008
Improving Credit to Qualify for a New Mortgage
It isn’t unusual for GreatWest GMAC Professionals to come across clients, who would like to purchase a home, but are a tad skinny on qualifying for a new mortgage.
It is interesting to note that in fairly short order, a buyer can improve their finances enough to more readily allow for easier qualification of a home loan.
For instance, if you are someone, who has a few credit card or consumer bills coming in each month, there are steps you can do which will help allow for a swifter loan payoff, or more readily get yourself out of debt.
One of the more notable ways i... Read more
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Wednesday, March 19, 2008
Would you believe a bidding war is going on?
We’ve certainly had more than our fair share of bad news in the housing marketplace in recent months, but there may be reason for a glimmer of hope, and a new dawn breaking at last on the horizon.
More and more GreatWest GMAC Real Estate Professionals are reporting offers being written, and more buying activity than seen in awhile.
The entry-level housing arena seems to be enjoying some exuberance being fed by the CAL FHA, First Time Buyer program.
One real estate agent reported they had been working with a buyer for a few weeks, using this type of financing for a ho... Read more
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Wednesday, March 26, 2008
THE GREAT DIVIDE
A few days ago, we posted about bidding wars going on in the arena of homes, which were priced well, and in good condition; much of this activity being fed by the CAL FHA First Time Buyer program.
While blogging we have been provided with really interesting comments from real estate professionals across the nation.
It was noted these bidding wars, aren’t just indigenous to the Greater Sacramento, El Dorado, and Placer Counties – but also other locations across America.
However, there is certainly a Great Divide being experienced in the housing marketplace. As one re... Read more
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