Archive for the ‘ Foreclosure ’ Category

How To Get A Good Price On A Home


RealtyTrac

After years of working in the real estate business, I’ve learned one of the most important things a buyer needs to know in order to get the best price on a home.  There is only one reason why people look to buy foreclosed homes, they think they will get a great deal for the home.  Just like anything you buy, say it’s a new car, new furniture, etc. there is one solid piece of information that is like gold when looking for the best deal.

The solid gold information you need to find when searching for a great price on a home, is knowing the seller’s current situation.

Once you know and understand that the seller is desperate to sell, you are at the greatest advantage when you start to negotiate.  An example would be a recent divorce or a spouse that passed away.  Both of these situations have lost half their household income and, usually, the one income remaining is not enough to support the mortgage payments, along with all their other bills.  Believe me, just about every mortgage application I take needs both incomes to approve.

A seller in either one of these situations usually wants to get rid of the home fast, because it helps them to move on from what trauma they just went through.  Price isn’t on their mind, time is more important at this point.

Remember, if you really want a good price from a seller in this situation, then you need to think business and don’t let your emotions take over.  It’s in our nature to feel bad when traumatic things happen to good people, but you just want to buy a good home at a good price.

Are You or Someone You Know Facing Foreclosure?? – Wisconsin

A housing rescue bill has passed through the House and Congress this week. It’s next stop…President Bush. There is much talk about him signing this bill the first part of this week!

This bill will help HUNDREDS OF THOUSANDS of homeowners, facing foreclosure, refinance OUT of foreclosure! This is a very exciting program that will help many people stay in their homes.

Once the bill is signed by President Bush this week, I will follow up with more detailed information on how this can help anyone refinance out of foreclosure.

But at this point, I encourage you to contact me to get on my list of people I will call immediately, once I’m able to help with this type of refinance!

I look forward to helping you!