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How to sell your home

Posted by Donna Browning | on Tuesday, March 1st, 2011 at 9:03 pm
Category: Selling My Home.
Tags: , , , , , , ,

You decided you want to sell your home and you want the process to run as smoothly as possible but you also want a decent amount of money for your apartment or house. You’re probably full of questions.

What should I consider?

“Will I get a decent offer? Is this the right time to sell my home? I want to sell my home quickly, how do I do this? What do I do if someone is actually interested in buying my home?” You probably won’t know the answer to a lot of these questions.

For an answer people often get in touch with a real estate agent. A real estate agent or broker is someone who acts as a mediator or intermediary between buyers and sellers of real estate. A broker also tries to find sellers who would like to sell and buyers who would like to buy a home.

Why should I contact a real estate agent?
When doing something like selling a house or apartment people often hire a real estate agent. This is a professional with a lot of experience when it comes to selling homes. Your broker:
- will guide you through the process of selling your home;
- is an experienced professional who will take your possible concerns away;
- will in addition, get the best possible price for your home.

If you’re interested in contacting a real estate agent in your area or you feel like you need some additional information, please do not hestitate and give me a call!


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What’s 2011 going to look like for the housing market?

Posted by Donna Browning | on Friday, February 25th, 2011 at 4:12 pm
Category: Real Estate Market.
Tags: , , , , , , ,

If you want to believe most of the financial “money-crunchers” or Aunt Hazel and her crystal ball with the snowflakes floating inside, for the next three years (at least) the housing market will be put on the shelf under the label: unsold, underwater, unsettled. Other housing analysts see dark clouds overhead along with packs of vultures flying lazy circles over pipelines of unsold housing tracts and more foreclosures. Hide the children, it’s not going to be a pretty sight, folks. Then, adding tightened lending standards and legal entanglements to the pot it becomes even more frustrating for homebuyers.

Even FHA, for decades the most liberal mortgage lender guarantor in the housing marketplace, has taken such a massive default hit they have upped their minimum FICO score approval ante from 620 to 640 which will quickly eliminate about seven million potential buyers. Actually, it’s a shame this housing unsettlement is projected to happen in 2011 especially in the lending business. With the plethora of unsold and foreclosed properties in most states (think Nevada and Arizona) lenders will become overly picky on who gets the loans, and any buyer or buyers with a large amount of available cash on hand should be able to buy an entire street of homes at rock-bottom prices to rent and hold until the housing market turns around.

However, due to the horrible imbalance in the housing market, 2011 most likely will deliver a weak economy, tight mortgage underwriting, falling home prices and falling sales. Not good.

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