Real estate infos

Archive for April, 2010

Oakland Real Estate Agents: Short Sale Or No Short Sale?

By now every Oakland real estate agent knows what a short sale is because we are seeing record numbers of them. If you are a real estate agent and you started your career less than four or five years ago then it is very possible that you didn’t even know what a short sale was until recently.

Unfortunately today short sales are simply a reality if the business and the market that we are in. From the perspective of a real estate agent a short sale is much more of a riskier edeavor. In a typical sale the decision that
is made on any offers that are received is made by the owner of the home which makes perfect sense.

However in a short sale situation any offers that are received are subject to lender approval. Since the lender will most likely be losing money on the deal it is up to them whether or not the offer that was received is accepted.

The same is true for the agent commission for both agents in the transaction. It is possible for the lender to accept the offer but not agree to compensate the agents involved.This creates an environment where your agent on the buying or selling sidecan work for months trying to get the home sold and still end up not getting paid for thir work. It’s very important for any agent considering handling a short sale to get in contact with the lenders as early as possible. If the property in question has a 1st and 2nd loan then it may be more difficult because both lenders must agree to the terms of the sale or it can’t go through.

About the writer:  Hamid Grinage is an Oakland real estate agent with Prudential California Realty. He specializes in Oakland Single Family Homes Condos and Townhomes

North West Markets Named To Top Real Estate List

Driven by exceptionally strong local economies the Top 10 Housing Predictor buyers markets at the halfway point of 2007 are expanding across the nation from the southern half of the country into the Greater Pacific NorthWest. Seattle Washington and Portland Oregon have been named to the Top 10.

The Top 10 buyers markets have the highest probability of reaching their forecast appreciation of more than 250 local housing markets forecast by Housing Predictor which forecasts the best buyers markets annually and updates the forecast at the midway point of each year.

Five Texas markets remain on the list including McAllen at second place Dallas and Houston. Texas has the strongest real estate market statewide in the nation despite an increase in foreclosures in some areas.

Seattle’s exceptionally strong local economy pushed by growth in hightech and the booming aerospace industry has pushed the housing market to new heights. Sales have begun to slow but through at least the end of 2007 the market should remain strong and perhaps even last into 2008.

Portland Oregon has also been added to the top 10 buyers markets mainly because of its long endurance for appreciation with the growth of industry producing higher employment levels in the community. Portland has seen home prices nearly triple in the last decade in some areas. The volume of sales in Portland however like many other areas of the nation have begun to slide over the past few months but it should be at least several months before pricing levels begin to deteriorate.

Housing Predictor forecasts more than 250 local housing markets in all 50 U.S. states and has become a major resource for homeowners real estate investors and potential home buyers.
It’s independent unbiased forecasts have proven to be more than 85 accurate.

With a market that shows little signs of slowing Albuquerque New Mexico remains as the top 10 buyers market with forecast appreciation of 9.1 through the end of the year. Albuquerque is bulging with nearly one million residents attracted to a warm climate and a growing industrial community including a new movie studio and airplane factory.

The southern half of the nation is experiencing a migration of new residents never witnessed before in the nation’s history as more U.S. residents move from colder climates to the warmth of the southern half of the country.

About the writer:  About Author : Deborah Melancon has had extensive experience in the Real Estate Industry in Bodega Bay Dillon Beach Jenner Santa Rosa or Sebastapol of Sonoma and Marin County Areas California. For more information please contact Deborah at 17078759644 or by visiting our website: http://www.coastalsonomamarinrealtor.com/

Northeast Michigan Property For Sale-How To Find The Best Northeast Michigan Property Today

Northeast Michigan property for sale is definitely in demand among outdoor lovers as the state of Michigan and the northern section in particular offer plenty of outdoor activities to fulfill your needs.

First of all the northern section of Michigan contains around one hundred state parks and even some national parks perfect for your outdoor needs.

From huge forests water snow etc you can definitely find what you are looking for as far as outdoor activities in the northern part of the state.

Whether you are into fishing hunting snowmobiling skiing etc you can find it in Northern Michigan. Although the state certainly doesn’t have the outdoor paradise repuation of say Alaska Colorado or some others it certainly has more than its fair share of activites.

Keep in mind if you are a big city person this definitely isn’t the place for you as it can be pretty remote but if you are an outdoor lover it’s perfect.

Keep in mind now in particular you will not pay a tremendous amount as there is plenty of northeast Michigan property for sale for very affordable prices.

The reason for this is that Michigan has recently experienced relatively bad employment rates and a low population increase compared to the rest of the country.

Therefore if you are looking to buy a home anywhere in the state you can definitely get it for very competitive prices compared with a similar property in another state. Even Northern Michigan Waterfront Property is relatively affordable compared with waterfront housing in other areas.

So where can you find the best northeast Michigan property for sale? Well you could drive up there and simply start looking this way but this would obviously be very ineffective and unproductive.

Definitely the best way would be to start looking online and narrow your search this way. First decide what criteria you are looking for in your next piece of property such as the size of the home the surrounding area etc.

This is a very important first step because without having a plan in place beforehand of what you want how will you know if you find it? This is true for starting a business and just about anything else you want to accomplish in life.

Try and find 510 good properties that fit your criteria and then have a look at each and then decide on the best. Also to save some money you might consider taking out a mortgage versus paying it all upfront.

Yes no doubt you’ve heard the saying never go into doubt for any reason but this is actually not very smart for several reasons. For example if you were considering buying a 300000 home in northeast Michigan would it be easier to get that money on hand or to simply pay 2500 a month?

Obviously the latter would be because you won’t have to wait years and years for the money to be available. Again start out searching for northeast Michigan property for sale online narrow down your search to your criteria and go out and buy your ream home now.

About the writer:  For more articles and a 10 part ecourse on how to create your own Ultimate Buying and Selling Machine! plus over 50 training audios simply go to www.LarryGoinsFreeOffer.com where you will gain instant access