It only takes ONE!
This is the time of year that we find many sellers wanting to withdraw from the real estate market until next spring.
Why does this always happen?
Do you have any idea how many people buy homes in October, November and December?
I did. Did you?
Why would sellers take the chance of missing that buyer?
There are other good reasons to stay in the market
* The "lookers" are gone.
* Most who look, have already sold and the "need to buy" is critical.
* When they are out looking...they're serious!
* You have LESS competition!
It only takes one offer to buy. Why do sellers think they have to wait until spring?
Smart Sellers do NOT take their property off the market.
If you are selling, what have you decided to do?
Take it off the market or SELL IT?
Thursday, October 21, 2010
Wednesday, October 13, 2010
All Are For Sale By Owner
I never cease to by amazed by the comments real estate sellers/buyers make concerning buying and selling their property.
Sellers: "I'm not going to give it away"
Buyers " I want to steal a property when it comes to selling price"
Where's the common sense?
It's an historical fact, that, when you "sell high" - you "buy high".
and then when you "buy low" - you also "sell low"
They run parallel.
Does this make sense so far?
So why are so many thinking they will be able to out smart the market and "sell high" and
"buy low"?
In my 30 years in the real estate industry, I can tell you that kind of a market does not exist!
It just doesn't happen that way.
Common sense tells us it's one or the other.
There can be a win-win in any type of market.
You may not get the price you want, but you also will pay less for the one you buying!
Remember in the olden days, you may have gotten a better price but you also paid more when you bought.
So you still win!
This really is a great time to enter the market as a Smart Seller/Wise buyer. Low interest rates are a real motivator and that's where you really come out a winner!
Sellers: "I'm not going to give it away"
Buyers " I want to steal a property when it comes to selling price"
Where's the common sense?
It's an historical fact, that, when you "sell high" - you "buy high".
and then when you "buy low" - you also "sell low"
They run parallel.
Does this make sense so far?
So why are so many thinking they will be able to out smart the market and "sell high" and
"buy low"?
In my 30 years in the real estate industry, I can tell you that kind of a market does not exist!
It just doesn't happen that way.
Common sense tells us it's one or the other.
There can be a win-win in any type of market.
You may not get the price you want, but you also will pay less for the one you buying!
Remember in the olden days, you may have gotten a better price but you also paid more when you bought.
So you still win!
This really is a great time to enter the market as a Smart Seller/Wise buyer. Low interest rates are a real motivator and that's where you really come out a winner!
Monday, October 11, 2010
Favorite Message To My Friends..
Some people come into our lives and quickly go.
Some people stay for a while, and give us a deeper understanding
of what is truly important in this life.
They teach our souls.
We gain strength from
the footprints they have left
on our hearts and
we will never be the same.
....Flavia
Some people stay for a while, and give us a deeper understanding
of what is truly important in this life.
They teach our souls.
We gain strength from
the footprints they have left
on our hearts and
we will never be the same.
....Flavia
Friday, October 8, 2010
ForSaleByOwner.com and Gatewaytitle.com - Winning Combination!
First Impressions Last for Just One Week
When you’re selling a house, you get one week to capture the interest of potential buyers. That’s it.
Longtime real estate journalist Mary Umberger recently reported that two recent studies in the U.S. and New Zealand came up with the same results: that an online listing captures four times as many views in its first week as it does a week later. After that, traffic to the listing, and buyer interest, fall off a cliff.
What does this mean to anxious sellers?
One thing: get it right the first time. There is no room to ‘test’ a price or update photos depicting a cleaner, brighter, less cluttered house. Serious househunters check every day for new listings. If yours does not appeal on the key elements – price, condition and location – they will move on and never look back.
There’s not much you can do about location. But you have full control over price and condition.
Price is the hardest to get right. Real estate agents tout their “market analysis,” which compares your house in size, condition and price to those that recently sold, and those that are currently on the market. It’s not hard to pull together this information on your own. Either way, this type of ‘market analysis’ lacks one vital component: it’s untested with lenders. That’s why ForSaleByOwner.com recommends that sellers always get an appraisal from a licensed appraiser. Appraisers work with lenders to independently validate the selling price of a house.
When you base your selling price on a current appraisal, you are aligning your price with what lenders are likely to accept. That dramatically increases your chance of getting an offer that a a lender will support with a mortgage. And that’s the end game of a strong first impression.
From: Forsalebyowner.com
Gateway Title is a preferred provider of Title and Escrow services to forsalebyowner.com customers
When you’re selling a house, you get one week to capture the interest of potential buyers. That’s it.
Longtime real estate journalist Mary Umberger recently reported that two recent studies in the U.S. and New Zealand came up with the same results: that an online listing captures four times as many views in its first week as it does a week later. After that, traffic to the listing, and buyer interest, fall off a cliff.
What does this mean to anxious sellers?
One thing: get it right the first time. There is no room to ‘test’ a price or update photos depicting a cleaner, brighter, less cluttered house. Serious househunters check every day for new listings. If yours does not appeal on the key elements – price, condition and location – they will move on and never look back.
There’s not much you can do about location. But you have full control over price and condition.
Price is the hardest to get right. Real estate agents tout their “market analysis,” which compares your house in size, condition and price to those that recently sold, and those that are currently on the market. It’s not hard to pull together this information on your own. Either way, this type of ‘market analysis’ lacks one vital component: it’s untested with lenders. That’s why ForSaleByOwner.com recommends that sellers always get an appraisal from a licensed appraiser. Appraisers work with lenders to independently validate the selling price of a house.
When you base your selling price on a current appraisal, you are aligning your price with what lenders are likely to accept. That dramatically increases your chance of getting an offer that a a lender will support with a mortgage. And that’s the end game of a strong first impression.
From: Forsalebyowner.com
Gateway Title is a preferred provider of Title and Escrow services to forsalebyowner.com customers
Thursday, October 7, 2010
Foreclosure Lawsuits Starting In Ohio
Just when we think we have a handle on what is happening, something new pops up to rock our world!
This article came to me via email today. It will affect many who are involved in a short sale from the buyers, sellers, Real estate agents, banks to the title company.
Attorney General Cordray Files Lawsuit Against GMAC Mortgage -10/6/2010
(CLEVELAND) — In a lawsuit filed today against GMAC Mortgage, LLC and its parent, Ally Financial Inc., Ohio Attorney General Richard Cordray accuses the loan servicer and its agents of filing fraudulent affidavits to mislead courts in hundreds of Ohio foreclosures.
"We know that as Ohioans were fighting to save their homes, this loan servicer benefited financially from the dire circumstances," said Cordray. "Instead of stepping up and assisting those at risk of losing their homes, it is clear that GMAC chose to compound the problem through fraudulent and unfair and deceptive practices."
According to the lawsuit filed today in Lucas County Common Pleas Court, GMAC and its employees committed fraud on Ohio consumers and Ohio courts by signing and filing hundreds of false affidavits in foreclosure cases. The fraud came to light after a GMAC employee, Jefferey Stephan of Sellersville, Pa., testified in a foreclosure case out of Maine that from 2006 to 2010, he signed thousands of affidavits without verifying the content.
Through the lawsuit, Cordray is asking the court to grant a preliminary and permanent injunction preventing GMAC/Ally from proceeding to foreclose in any pending Ohio case or allowing the property to be sold. Cordray is also asking for civil penalties of up to $25,000 for every violation of Ohio's Consumer Sales Practices Act and for consumer restitution.
As a result of similar reports regarding depositions taken by a JPMorgan Chase and Bank of America employees, Cordray today also requested that JPMorgan Chase and Bank of America suspend moving toward a judgment, sale, eviction or property transfer involving any foreclosure case with affidavits signed by those employees. Cordray also sent letters to Wells Fargo and Citibank, requesting that the banks meet with his office to discuss foreclosure affidavit procedures.
According to recent statistics from the Ohio Supreme Court, the wave of foreclosures in Ohio has shown no signs of receding. In the first half of this year, there have been 45,930 foreclosures in Ohio, which is ahead of last year's record-breaking pace. From 1995-2009, Ohio foreclosure filings quadrupled.
In July 2009, Cordray was the first attorney general in the nation to file a lawsuit against a loan servicer for violations of the state's consumer laws. His office currently has cases pending against three loan servicers: Carrington Mortgage Services LLC, American Home Mortgage Services Inc. and Barclays Capital Real Estate dba HomEq Servicing. Last month, a Montgomery County Common Pleas Judge affirmed Cordray's case against HomeEq by overruling the defendant's motion to dismiss which has cleared the way for Cordray's case to move forward.
Want to read the documents? See below:
To view today's lawsuit and exhibits, visit www.OhioAttorneyGeneral.gov/GMACLawsuit.
To view the letters sent to the national banks, visit www.OhioAttorneyGeneral.gov/GMACBankLetters.
To read Cordray's opening remarks at today's press conference, visit: www.OhioAttorneyGeneral.gov/GMACCordrayRemarks.
To view the latest foreclosure statistics from the Ohio Supreme Court, visit: www.OhioAttorneyGeneral.gov/SupremeCourtForeclosureStats.
To view a recent report on Ohio foreclosures from Policy Matters Ohio, visit: www.OhioAttorneyGeneral.gov/PolicyMattersForeclosureReport.
This article came to me via email today. It will affect many who are involved in a short sale from the buyers, sellers, Real estate agents, banks to the title company.
Attorney General Cordray Files Lawsuit Against GMAC Mortgage -10/6/2010
(CLEVELAND) — In a lawsuit filed today against GMAC Mortgage, LLC and its parent, Ally Financial Inc., Ohio Attorney General Richard Cordray accuses the loan servicer and its agents of filing fraudulent affidavits to mislead courts in hundreds of Ohio foreclosures.
"We know that as Ohioans were fighting to save their homes, this loan servicer benefited financially from the dire circumstances," said Cordray. "Instead of stepping up and assisting those at risk of losing their homes, it is clear that GMAC chose to compound the problem through fraudulent and unfair and deceptive practices."
According to the lawsuit filed today in Lucas County Common Pleas Court, GMAC and its employees committed fraud on Ohio consumers and Ohio courts by signing and filing hundreds of false affidavits in foreclosure cases. The fraud came to light after a GMAC employee, Jefferey Stephan of Sellersville, Pa., testified in a foreclosure case out of Maine that from 2006 to 2010, he signed thousands of affidavits without verifying the content.
Through the lawsuit, Cordray is asking the court to grant a preliminary and permanent injunction preventing GMAC/Ally from proceeding to foreclose in any pending Ohio case or allowing the property to be sold. Cordray is also asking for civil penalties of up to $25,000 for every violation of Ohio's Consumer Sales Practices Act and for consumer restitution.
As a result of similar reports regarding depositions taken by a JPMorgan Chase and Bank of America employees, Cordray today also requested that JPMorgan Chase and Bank of America suspend moving toward a judgment, sale, eviction or property transfer involving any foreclosure case with affidavits signed by those employees. Cordray also sent letters to Wells Fargo and Citibank, requesting that the banks meet with his office to discuss foreclosure affidavit procedures.
According to recent statistics from the Ohio Supreme Court, the wave of foreclosures in Ohio has shown no signs of receding. In the first half of this year, there have been 45,930 foreclosures in Ohio, which is ahead of last year's record-breaking pace. From 1995-2009, Ohio foreclosure filings quadrupled.
In July 2009, Cordray was the first attorney general in the nation to file a lawsuit against a loan servicer for violations of the state's consumer laws. His office currently has cases pending against three loan servicers: Carrington Mortgage Services LLC, American Home Mortgage Services Inc. and Barclays Capital Real Estate dba HomEq Servicing. Last month, a Montgomery County Common Pleas Judge affirmed Cordray's case against HomeEq by overruling the defendant's motion to dismiss which has cleared the way for Cordray's case to move forward.
Want to read the documents? See below:
To view today's lawsuit and exhibits, visit www.OhioAttorneyGeneral.gov/GMACLawsuit.
To view the letters sent to the national banks, visit www.OhioAttorneyGeneral.gov/GMACBankLetters.
To read Cordray's opening remarks at today's press conference, visit: www.OhioAttorneyGeneral.gov/GMACCordrayRemarks.
To view the latest foreclosure statistics from the Ohio Supreme Court, visit: www.OhioAttorneyGeneral.gov/SupremeCourtForeclosureStats.
To view a recent report on Ohio foreclosures from Policy Matters Ohio, visit: www.OhioAttorneyGeneral.gov/PolicyMattersForeclosureReport.
Tuesday, September 14, 2010
Smart Sellers Call Gateway - Sell Successfully!
Smart Start
Seeking sanity
Seriously Saves
Supportaive Staff
Stress less Situation
Successful Sale!
Gateway Title - Keeping Your Life Simple
Seeking sanity
Seriously Saves
Supportaive Staff
Stress less Situation
Successful Sale!
Gateway Title - Keeping Your Life Simple
Sellers Seeking Sanity
Saavy Sellers
Seek Sanity
Seriously Save by
Smart Starting title work
Supportive Staff +
Successful Sale!
Gateway Title < Tried and True
Seek Sanity
Seriously Save by
Smart Starting title work
Supportive Staff +
Successful Sale!
Gateway Title < Tried and True
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