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Recently Published: Commercial Property: Money Becoming Available Lenders may be beginning to open up as they see some signs of an economy that is stabilizing. Data released by the Mortgage Bankers Association (MBA) notes commercial and multifamily mortgage originations rose 12%. read more... FHA and Fannie Mae Propose Rule Change Because of ongoing weakness in the real estate sector, the institutions that have filled the vacuum left by lenders, have run into trouble... they need to change the rules. read more.. Presence Marketing The internet has become the tool for buyers and sellers to search and meet a professional. It all begins online. One study shows that almost 20% of social consumers are using social networks and other 2.0 tools as their core navigation tool, rather than just using search engines. Existing-Home Sales Up Again Existing-home sales rose for the third consecutive month with inventory easing and home prices declining less sharply in June, according to the National Association of Realtors®. REO: Still an Opportunity As a weak housing market nudges the foreclosure rate higher, next year is looking promising for investors in distressed real estate. Lenders are stuck with foreclosed property and slashing prices or selling through auctions....Read more Home Sales Tactics You Need to Know Redfin, the Seattle startup that has introduced a new business model for selling homes, has completed an interesting study based on their own stats and some well known studies. Tracking Home Prices: Quarterly. Monthly and Now Daily Indexes Keeping a good eye on home prices is what will make a smart buyer or seller. The most common tracking web sites were issuing quarterly and monthly. Now, there is an index that is giving us daily composite numbers. 5 Things Sellers Wish Their Realtor Would Have Told Them Often, however, sellers never ask nor are told the experience level of the associate who shows up at their door with contracts, for-sale signs and a nervous smile. Honesty and full disclosure from the Realtor® are essential for a successful sale. Title Search Glossary Title Search establishes true ownership and will inform you of any claims or encumberances on the property. It assures you that what you see is what you get How to Select a Real Estate Agent Selecting a real estate agent or Realtor is a very important part of the process. This is the professional that will represent you and negotiate for you.
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