The excitement of an announced short sale is often short-lived. Buyers spot the properties on the internet and make an offer. Unfortunately, time often drags on while they wait to hear back from the bank and the excitement fades. The majority of offers on short sale properties end with no response from the bank or [...]
Texas is home to half of the top 10 fastest growing cities in the United States, which puts it on the forefront of the economic recovery from the real estate burst of 2008. The state’s industry-friendly laws and lower jobless rates make it attractive for both families and businesses. The real estate market has been [...]
Even as the demand for housing continues at a near insatiable level, many Realtors are still faced with appraisals that are falling short of what buyers are willing to pay. This is the cause of a lot of friction between Realtors, appraisers, buyers and sellers. Here are a few tips for Realtors that may help them avoid future appraisal issues.
The assumption that a cash sale is more attractive to real estate sellers, no matter what the actual amount, is erroneous. Offering cash only becomes attractive if there is no possibility of a loan or mortgage to buy the property. No matter how much you borrow to buy a house, the seller receives the total [...]