When selling your house, try staging some furniture in the living room & family room to make your home feel cozier, so that buyers can envision themselves living in your home. Make sure that your house smells good. No buyers or realtors want to walk into a smelly house. Spray air fresheners or light candles....

Article From: www.realtown.com By: Mitchell Sussman With the collapse of the real estate market, the word “foreclosure” has unfortunately become an often used word in the English language. This article will provide information about the types of foreclosures found in various states and how they work. In the context of real estate law, foreclosure is...

Don’t sell your property until it’s ready. If it’s not the time to sell your property, don’t force it.  Get pre-approved for financing. This will help the buying process to go faster, and smoother.  When making an offer on a property, make the right offer. Don’t highball or lowball your offer. Make a fair offer...

Article From msnbc.msn.com By: John Carpenter Just your luck — you have to sell your home in winter, the slowest and dreariest sales season of all. But cheer up. You can use staging, the reduced competition and some seasonal opportunities to your advantage. “You wouldn’t necessarily choose to sell your home in winter,” says Katie...

Always hire a property inspector when purchasing a house. For a small price of $350 – $450 (residential estimate), you are certain that the house is structurally sound and that all appliances and mechanical units are functional. This will provide you a peace of mind. When selling your house, try researching the properties around your...

Article From msnbc.msn.com By: Derek Kravitz WASHINGTON — About 4 million homeowners who may have been improperly foreclosed upon in 2009 and 2010 are getting an opportunity to have their cases reviewed. Whether they will be reimbursed is up to the same lenders who are accused of moving too swiftly to seize their homes. The Office of...

When searching for a home, try using a buyer’s agent who is specialized in the specific areas and neighborhoods that you are looking for.  Contact the local school board, and ask for the school’s “report card” to see what the school’s average grades, SAT scores, graduation percentages, and the violence reports are. This can provide...

Article From msnbc.msn.com By: Reuters Pending sales of existing U.S. homes dropped for a third successive month during September, a real estate industry group reported on Thursday, though a sales index was above year-ago levels. The National Association of Realtors (NAR) Pending Home Sales Index, based on contracts signed in September, was down 4.6 percent...

When you are looking to spruce up a property, remember that remodeling is a great tool. You can buy a property for a low price, remodel it, and then flip it for a higher value.  Before any remodeling or renovations can be done, research all of the proper permits that need to be acquired before...

REOs: Where Are They Now? Article From My Buddy JP @ REITips.com By: Carrie Bay Five years into the housing crisis, and foreclosures remain elevated. We’ve seen temporary lulls in home repossessions that coincided with the implementation of new state and municipal mediation efforts, moratoria enacted as federal programs ramped up, and suspensions of filings...