Click on the following link to access a great article:
"Attaining Your American Dream. Investing in Real Estate Now."
http://www.success-digital.com/success/20080607/?pg=68
Wednesday, July 30, 2008
Thursday, July 24, 2008
Pre-foreclosure Homes
Interested in Pre-foreclosure properties?
Email or call me for more information on how you can help a seller from foreclosing and get an incredible deal on an Outer Banks property!
Email or call me for more information on how you can help a seller from foreclosing and get an incredible deal on an Outer Banks property!
Friday, July 18, 2008
So Many Expireds!
With so many homes that are not priced correctly for this market, I am seeing more and more listings expire on the Outer Banks. If you are searching for a home, it is a great idea to have your REALTOR® check expired listings too because there may be the perfect gem of a home waiting to be re-discovered.
Most likely the listing expired for one of three reasons:
1: it was not priced properly
2: it was not marketed to the right target audience of potential buyers
3: it had a negative first impression.
Just because a home expired and the sellers did not re-list the property, it doesn't necessarily mean they no longer want to sell the property. You should be asking your REALTOR® to keep you updated on these properties and if you find one of interest, your agent can be in touch directly with the sellers to help you negotiate a deal.
It is important to work with a REALTOR® on negotiations because most sellers trying to sell a home themselves have their home overpriced as they have not done the proper research to know what their comps are. If a seller is not willing to negotiate and your REALTOR® can show you comps emphasizing that the property is overpriced, it is better to leave that home off the market and move on with your search. This is such a great buyer's market because the majority of sellers are negotiable and there is a ton of inventory so you can pretty much find exactly what you are looking for...just don't forget to check the expireds!
Most likely the listing expired for one of three reasons:
1: it was not priced properly
2: it was not marketed to the right target audience of potential buyers
3: it had a negative first impression.
Just because a home expired and the sellers did not re-list the property, it doesn't necessarily mean they no longer want to sell the property. You should be asking your REALTOR® to keep you updated on these properties and if you find one of interest, your agent can be in touch directly with the sellers to help you negotiate a deal.
It is important to work with a REALTOR® on negotiations because most sellers trying to sell a home themselves have their home overpriced as they have not done the proper research to know what their comps are. If a seller is not willing to negotiate and your REALTOR® can show you comps emphasizing that the property is overpriced, it is better to leave that home off the market and move on with your search. This is such a great buyer's market because the majority of sellers are negotiable and there is a ton of inventory so you can pretty much find exactly what you are looking for...just don't forget to check the expireds!
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