Vacant homes produce vacant offers!

VACANT

I think we can all agree that these are tough times in the real estate market. One of the areas of home selling where sellers make it harder on themselves is trying to sell a vacant home.

STAGED

Vacant homes do not inspire a buyer to buy or brokers to set up showings for buyers. If you’ve seen one vacant room you’ve seen them all.

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I have compiled a list of some really great questions that I have received regarding our FHA 203(k) Streamline product. I have put together the following FAQ’s. I hope you find this useful!

First of all, let’s go over, briefly, the definition of what a 203K product is. Then we can answer some specific questions on how it might work and/or help the consumer.

Per Wikipedia:

“The 203(k) program offers low-cost loans to allow low-income participants or nonprofit groups to buy and renovate a house”. (Read more from Wikipedia).

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No Toilets: 10 Tips for Picture Taking

As a professional photographer and also a licensed real estate agent, I frequently come across pictures that do a disservice to the property for sale. Using my photographer’s eye, and my knowledge about what sells a house, I’ve put together some simple tips for agents.  Agents, you don’t have to incorporate all of these ideas at once; try one or two to start.

BEFORE

AFTER

1 ) Keep surfaces neat – the camera picks up every detail; the best idea is to clear all clutter off surfaces before shooting.  Have a few decorative items, but no personal ones (ex. Flowers on a kitchen counter vs. dish soap and a sponge).

 
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We are about to see a ballooning of foreclosures in our market.  It may not reach the levels of Florida, Phoenix or Detroit but it will be significant.  Foreclosure filings were reported on 276 Maine properties in June 2008, a 14 percent increase from the previous month, and a 61 percent increase from June 2007, according to the latest RealtyTrac® U.S. Foreclosure Market Report.
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1. They work hard! Yes, they play hard, too! They get up early, they rarely complain, they expect performance from others, but they expect extraordinary performance from themselves. Repeated, high-level success starts with a recognition that hard work pays off.

2. They are incredibly curious and eager to learn. They study, ask questions and read - constantly! An interesting point, however: While most of them did well in school, the difference is that they apply or take advantage of what they learn. Repeated success is not about memorizing facts, it’s about being able to take information and create, build, or apply it in new and important ways. Successful people want to learn everything about everything!
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