My New Outside Blog

By
Real Estate Agent - Century 21 Real Estate Center
This is a place to go and read about interesting real estate topics and other things of interest. It's also a place to laugh (sometimes) and a place to contribute. It costs absolutely nothing to contribute and we'd really like to know whats on your mind. Give it a try. See you there!
RECENT BLOG POSTS
8 Comments
One day the great philosopher came upon an acquaintance who ran up to him excitedly and said, "Socrates, do you know what I just heard about one of your students?" "Wait a moment," Socrates replied. "Before you tell me I'd like you to pass a little test. It's called the Test of Three. "The first ...
02/07/2011
3 Comments
This is a question, I'm sure, we've all been asked. Copy this for your records because it's a great explaination. Q: I'm trying to purchase a house in Nevada. The bid was accepted, but in the addendum it states that if the appraisal is lower than the offered price, the buyer will pay the differen...
02/07/2011
0 Comments
Can the bank kick me out of my home if I get a Reverse Mortgage? Can the bank kick me out of my home if I get a Reverse Mortgage? Question:  I recently turned 62 and am interested in a Reverse Mortgage.  I've heard that once the bank pays me the full amount of the Reverse Mortgage they take my ho...
02/05/2011
2 Comments
This story ought to make your day! It may take more than four years to clear the "shadow inventory" of distressed homes lurking on the sidelines in the U.S., a factor that's likely to undermine real estate prices as the backlog clears, analysts at Standard & Poor's Ratings Services say. At 49 mon...
02/04/2011
After reading this what comes to mind is the fiasco surrounding adjustible rate loans a few years back. What are we trying to do here, raise loan limits so anybody can refinance even if they don't qualify? You tell me! In the world of financial services sometimes the easiest solutions are the har...
02/04/2011
This is an excellant letter so take heed that your actions or inaction could cost you money. This type of thing should never happen. Agent shares blame for failure to provide report in timely manner By Barry StoneInman NewsTM February 01, 2011 DEAR BARRY: We bought our home six weeks ago. The se...
02/04/2011
2 Comments
I'm not sure how I feel about this right now. It screams of more big government so I'm going to reread this and think about it for a while. Anything Dodd and Frank come up with needs to be evaluated very carefully. The Federal Reserve is backing down from a slew of proposed changes to mortgage lo...
02/03/2011
0 Comments
Veterans Administration Loans Create Options To Refinance With Decreased Home Value Veterans Administration Loans Create Options To Refinance With Decreased Home Value Qualified active duty military and veterans from the armed forces have always had access to one of the best loan programs availab...
02/03/2011
Mount Vernon Real Estate Overview Today, February 2, 2011 Market View for Mount Vernon Info Avg. Listing Price $287,170 Wk ending Jan 26 -$446-0.2%w-o-w Median Sales Price $195,756 Oct '10 - Dec '10 -$21,244-9.8%y-o-y 347 Homes For Sale 0 Open Homes 0 Recently Sold 217 Foreclosures Market Trends ...
02/02/2011
I had a client call me yesterday about a short sale problem they're having. Five months ago they made an offer on a home that had been on the market for three years. Yes, three years. Since there had been no movement on the home the owner decided to bail and listed the property as a short sale. W...
02/02/2011
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Art Hademan

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It is a place to go and read about real estate topics and many other things. It's also a place to laugh (sometimes) and a place to contribute. It costs absolutely nothing to contribute and we'd really like to know whats on your mind. Give it a try. See you there!