Mark Rienzie's Blog

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Real Estate Agent - Century 21 Prevete Real Estate - 40RI0590108

ARCHIVED BLOG POSTS

2010 

Nobody on The Christiansen Team has written an offer this week. I find that surprising as well.  With the tax credit ending today (April 30) I was SURE that all of us would be writing 2-3 offers.  Nope, not 1, but to be honest with you, I’m glad.  Why would I be glad that we didn’t write any offe...
04/30/2010
This post was written by Zillow's Chief Economist, Dr Stan Humphries. It was originally written on Zillow Blog. We got some encouraging news last week about March existing-home sales increasing almost 7% from their levels in February. Unfortunately, a deeper look at the numbers from the National ...
04/28/2010
I just got back from D.C. where we were working to protect your property rights during a day on the hill, meeting with our Congressmen and Senators or their representatives. Why? The National Real Estate Investors Association (National REIA) informed our local Triad REIA of some upcoming legislat...
04/25/2010
The first-time homebuyer tax credit will be expiring on April 30 - just 8 short days from now.  If you don't have a contract signed to buy a property by that date, you will not qualify for the $8000 federal tax credit. (Deals must close by June 30, 2010 but be under contract by April 30, 2010.) T...
04/23/2010
Have you noticed the difference of today's home buyer compared to 5 years ago? Today's home buyers have changed and it's a great sign for the future. I can't talk about every market across the nation, but from what I have been seeing here, home buyers are getting smarter.  Remember back in the "h...
04/20/2010
We put an offer in for a buyer yesterday; the seller has asked that we reduce the inspection period from 10 days to 7 days.  Why?  If the deal falls through, he wants time to sell his house again before April 30th.  Hmmm...... Guess you can't blame a seller for hedging his bets. We seem to have e...
04/20/2010
We've all heard of them, and have often run into them. Who didn't laugh at famous nosy neighbor Gladis on Bewitched? I even have some fun stories of my own I could tell of my time spent living near some of them.  I had a close encounter with one nosy neighbor yesterday that almost torpedoed a pen...
04/18/2010
An article in the Wall Street Journal has reported that Goldman Sachs Group and one of its vice presidents, Fabrice Tourre, have been charged with fraud in a civil complaint filed by the SEC. The complaint alleges that Goldman failed to disclose to purchasers of CDOs, collateralized-debt obligati...
04/17/2010
  I'm a Realtor in Plainfield, Illinois. I specialize in short sales and foreclosures, so I'm no stranger to the aftermath that can be found within the confines of a former "home". I've seen some really destroyed places; sledge hammers to the walls, feces on the floors of every room, rotting food...
04/14/2010
Misconception: If you pay list price, you're paying too much. If you don't know what the current market value is for homes in the area and whether the market is appreciating or depreciating, you don't know what a fair price is and you're likely to miss out on a great deal by trying to low ball a ...
04/08/2010
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Mark Rienzie

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