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Upside down equity

October 8th, 2009 4:58 PM

Short sales have become so normal. And a lot of homeowners are upside down. What are your options? I can say that selling at a real arket adjusted price is happening more and more. Call me if you want or need to sell, but are upside down in equity. I can offer help that makes sense.

Posted by Robin Short on October 8th, 2009 4:58 PMPost a Comment (0)

I have two Short sale listings that are ready to sell.

September 2nd, 2009 2:35 PM

Take a look at the great value in Beeden for $65,000 and Tyson for $395,000.
The bank said both of these are approved. Lets get them under contract. Beeden could be had fo around $300 a month for 3 bedrooms. INVESTMENT anyone??

Posted by Robin Short on September 2nd, 2009 2:35 PMPost a Comment (0)

$8000 Tax Credit

August 25th, 2009 3:18 PM

Time is running out for the First time homebuyers tax credit. It expires Nov. 30, 2009. You must be under contract by September...To close by Nov. 30. The Congress is probably going to look into extending this, but right now beware... and don't fall behind. Make sure your agent is up on all the details.

Posted by Robin Short on August 25th, 2009 3:18 PMPost a Comment (0)

The banks are reducing the time for short sales.

June 13th, 2009 5:52 PM

Six months ago, the time for a lender to allow a short sale was about 4-6 months. Today they have finally realized that selling a home to a buyer is a great alternative to foreclosure...where they end up owning, and maintaining the property for months at a time. A buyer who is prequalified can now have a real hope to negotiate to buy a home that is upside down. Contact me if you need to discuss buying a short sale.

Posted by Robin Short on June 13th, 2009 5:52 PMPost a Comment (0)

A Sale in April

April 14th, 2009 2:27 PM

I got a great listing in Reston on Wednesday; and it was well prepared. (about 2 weeks). This listing showed very, very well. The first two buyers that looked at it wanted to buy it. We got an offer immediately, and accepted it. It was taken off the market in 2 days. This is an example of buyers taking advantage of the low interest rates, and other stimilus incentives. Now is a great time to list and buy Real Estate. This spring and summer is going to be flooded with buyers actually buying.

Posted by Robin Short on April 14th, 2009 2:27 PMPost a Comment (0)

What have you read? or heard that you want to ask me?

March 2nd, 2009 5:15 PM

Short Sales....foreclosures....stimulus Plan 2009......I think all this is can quickly lead to a buyer or seller to look for clear, straight advice.
Is there a question you want to ask?

Posted by Robin Short on March 2nd, 2009 5:15 PMPost a Comment (0)

Buyers Market

February 24th, 2009 4:10 AM

What is a buyers market? It is not a sellers market.
A buyers market is when the buyer, and his agent, are aggressive and digging in with their demands. The seller is asked to make many concessions, normal and unusual. If a buyer and their agent know that this is a buyers market, and they have funds to back them up, they can shop for a great deal, and know when to move on...
A Seller must be very careful in a buyers market. They must, must do everything at all possible to help them stay in the game.
First and foremost listen to their agent. The professional real estate agent can give the best analysis of the market, and price to sell accordingly.

Posted by Robin Short on February 24th, 2009 4:10 AMPost a Comment (0)

Extreme discounts

January 9th, 2009 3:04 PM

In this market buyers are thinking that there are many reasons to ask a seller to discount more than the low listing price. Most retailers are discounting, most of the service industry is discounting, so why can't I get a seller to reduce a homes price to a steal just for me?

Sellers, most of them, are moving and buying another home somewhere else, or find themselves having to sell for economic reasons. The listing price is usually set with expectations to sell quickly. This is not the case if a bank is selling...a foreclosure. Buyers need to be careful thinking that they are a great negotiator when they offer a price much lower than the list price. This will hardly ever result in a serious sale.

Posted by Robin Short on January 9th, 2009 3:04 PMPost a Comment (0)

todays news

November 16th, 2007 12:48 PM

I watched the news today and saw something very good on NBC. The guest was Susie Ormon, and when asked if this was a good time to buy she replies "Yes it is. If you need to buy now, go ahead and remember to ask for everything you want, Its a buyers market, so get the house you want at the price you want, if the sellers won't negotiate, don't waste time, go to the next house and make an offer!"

If buyers could see what agents are seeing, that homes are being sold at very good prices and terms, they would buy two not one. This is the market that a savvy investor is at home in. The person who can be comfortable buying a cheap home in todays market, is the big winner.

Posted by Robin Short on November 16th, 2007 12:48 PMPost a Comment (0)

Bad press hurts

October 26th, 2007 2:57 PM

We are getting bombarded with negative press about the market. I cannot understand why a buyer would not want to buy a home in this fantastic time. Donald Trump said "buy low, sell high".

Why wait until the prices go up and then start your seach? Once prices start to go up, and inventory goes down, the choices are slimmer.

Posted by Robin Short on October 26th, 2007 2:57 PMPost a Comment (0)