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The Business of Real Estate

This category contains 103 posts

Short Sales and Foreclosures … Bargains?

There is always a reason when a property is priced below market …. Continue reading

Important Info about Your Credit Score!

Don’t wait until it’s too late. Your credit score can affect you in ways that most people would never imagine. Here are some great resources to help you avoid surprises. Continue reading

Closing costs

“I like knowing what something will cost before I commit to it. I’ll bet you do, too. The U.S. Department of Housing and Urban Development has revised some home-loan rules that attempt to give us what we want.”
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Advice for first-time home buyers

I view my relationship with my clients as primarily consultative. I provide information about neighborhoods, commuting considerations, schools, potential property-related issues before and after inspections, etc. Good third-party advice is always valuable, though … Continue reading

“Solving the foreclosure crisis one homeowner at a time.”

If you or someone you know is going through this devastating situation, please have them call me. I would love to help them get past this and begin to put their financial lives back together. Continue reading

RE/MAX CEO named to Fed Board of Directors

Margaret Kelly, CEO of RE/MAX International, has been named to the Board of Directors of the Denver branch of the Federal Reserve Bank. Continue reading

Can a new form make a bad lender good?

Just requiring a new form will not create professionalism where it did not exist before. The market — i.e., informed consumers — will still determine which mortgage lenders survive over time, exactly as it should. Continue reading

Who controls interest rates?

Many people hang on every report from the Fed, and their activities can have huge impact on our overall economy. They do not, however, manage mortgage interest rates. Continue reading

Real Estate and “Insider Trading”?

The letter-writer is under the mistaken impression that real estate agents — not markets — establish property values. The reality is that market value is nothing more or less than what a willing buyer and a willing seller agree to. Continue reading

Consult an expert

The value of residential real estate is determined by the market in a specific location at a specific point in time and based on the condition of the specific property. The only way to get a current, professional market analysis is from a full-time real estate professional who does this every day.
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