Reasons Why Your Home Won’t Sell

Posted on January 31, 2011. Filed under: home selling, Tips | Tags: , , , , , , , |

Has your lawn grown up around that “For Sale” sign? Have the wasps moved into the lock box on your front door? Did you just receive an invitation to your real estate agent’s retirement party?

Say you’ve had your home for sale for months and not a single home buyer has decided to make an offer to you. You’ve spent a lot of money on home advertising, made a number of price reductions and nobody calls you. Maybe your agent now has an expired listing. It’s possible that you’ve even buried a St. Joseph’s statue in your yard, and that didn’t bring any offers, either. What can you do when it’s plain that your home isn’t selling?

If so, chances are your home sale fizzled. Here are the six most-common reasons why homes don’t sell and what you can do about it.

Your home is overpriced

Overpricing is the most common reason homes don’t sell. When you ask an unrealistic price, it sets in motion a process that often works against you. If your home remains on the market for too long, agents and buyers may begin to wonder if there are other, perhaps, more serious reasons why it isn’t selling.

Your home doesn’t ‘show’ well

Your home is competing against shiny new houses in those pristine subdivisions out in the suburbs with their attractive prices, incentives and community amenities.  Face it: Even the best old house needs a little makeover if it hopes to attract a qualified buyer. The good news is most of the work will be cosmetic and relatively inexpensive: a new coat of paint, a few attractive window boxes, a thorough cleaning of floors and carpets. Voila! The place may look good enough to reconsider

You’re in a bad location

Nothing has a greater effect on your home’s value than its location. If your home’s location is less than desirable, your options are somewhat limited. A good real estate agent will do his best to help you accentuate the positive and eliminate the negative of your circumstances, say by using foliage to screen off offensive adjoining properties or dampen traffic noise. The best way to compensate for a poor location is to reduce your asking price or offer attractive incentives such as seller financing or a lease option with rent credit.

You have a lousy listing agent

What’s more, if your agent is abrasive, arrogant or otherwise difficult to work with, other agents may not want the hassle of showing any of their listings to prospective buyers.

You are battling competition or market conditions

In real estate, market conditions are affected by any number of external forces, some of them predictable (the weather, sort of), some of them unpredictable (the local economy, interest rates, public optimism or pessimism). While in a “hot” or seller’s market, homes go fast. Inventory (homes on the market) may be low, meaning less competition for you. Chances are better that you will get your asking price in a hot market; in fact, it is not uncommon to even be offered more than your listing price. But in a “flat,” “cold” or buyer’s market, sales slow to a trickle, inventories grow and buyers can find bargains, especially when they know the seller is motivated (i.e., paying on two mortgages).

You have ineffective marketing

Gone are the days when an agent could simply place your listing with the local multiple listing services, hold a halfhearted open house and wait for another agent to bring forth a buyer. Today’s top performers launch a multilevel marketing plan that includes listing tours for area agents, newspaper and even TV ads, weekend open houses, listing fliers and placements in local real estate publications. Also, the Internet also had changed the face of real estate. According to the National Association of Realtors, today more than one-third of all home buyers use the Internet for house hunting. The best real estate agents are computer-savvy. They have your listing in color on their laptops to show clients and communicate frequently via e-mail, a particular boon when working with out-of-town buyers.

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The Real Value of Historical Homes

Posted on October 6, 2010. Filed under: Homebuyers, Homeowners, Ideas & Information, Real Estate News & Updates, Tips, Uncategorized, US Housing News | Tags: , , , , |

The Real Value of Historical Homes

A historic home has some significant historic relevance as reflected in its architecture. The additional beauty, charm, and historical background of these rare historical artifacts–architect, occupants, and historical events–may greatly enhance the value of the home. Those houses are like antiques in a museum, the only replica of the past that survive until now to tell us what type of life they had before.

Historic homes appeal to people for a variety of reasons.  Many homeowners like the idea of a historic home because it had significant relevance in the past, while others may just like “the look” of architecture from years past. With its rich history, it has a wonderfully textured architectural past that demonstrate the great and ever-changing architectural trends of the past.  A large contingency of buyers, while certainly admiring the property’s aesthetic qualities, will buy a historic home because of the benefits that come with restoring it.  There may also be tax benefits for those who qualify based on their individual restoration project.

If you are in the market to buy a historic home, you should consider that this type of home needs more care and maintenance. You should plan for some renovation but still maintain the originality of it. Buying this kind of home is like discovering artifact from the past that considered as fragile and uncover secrets behind those things. Restoration of historic homes is a challenge for everyone and there are many people out there that will take those challenges as adventure to pursuit.

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STOP FORECLOSURE!

Posted on September 20, 2010. Filed under: Homebuyers, Homeowners, Ideas & Information, Real Estate News & Updates, Tips, Uncategorized, US Housing News | Tags: , , , , , , , |

STOP FORECLOSURE!

Foreclose pix

Everyone is aware of our economic crise’s and nationwide residential home foreclosures and commercial loan foreclosures, that are having a devastating impact on our financial system. Congress has stepped in and has been trying to work with residential homeowners, but the crisis still exists and now the commercial loan sector is experiencing unprecedented defaults.

Experts are estimating that two-thirds of all commercial real estate loans due in the next few years will become delinquent and will lead to foreclosure and financial ruin for banks, servicers and insurance holding companies and for the property owner as well.The market has changed. The commercial vacancy rate has risen to the highest rate since the ‘90s. With vacancy rates high and climbing, landlords not collecting rents, shoppers not spending, real market rents lower than originally forecasted and strong signs that inflation will soon be running rampant. Experts are predicting that, due to these problems and more on the horizon, within the next few years, commercial real estate owners will encounter the same problems currently facing homeowners.

If your facing foreclosure now, it’s the time to decide what is the next action to do before it’s too late. You have to look for a new resolution and stop foreclosure to happen. Join others that make their solutions to their crisis and continue in living with peace in your heart and mind. You need to find people that can help you with this problem. Whom you can trust that have great expertise in dealing with foreclosure problems. Their are many tips you need to follow how to fix problem like this and this Professional will help you and guide you!

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Be Ready To Buy A New Home!

Posted on September 14, 2010. Filed under: Homebuyers, Homeowners, Ideas & Information, Tips, Uncategorized, US Housing News | Tags: , , , , , , , |

My New Home

If you have chosen your new home, there should be no hesitation to buy that one. because there will be other buyers waiting to grab up the same deal you just found.

Home buyer must have understanding with the current market conditions and presenting a property to showcase its unique real estate value. Here is the time that you need the real estate professionals to guide you with your decision. With the right team, the right attitude and marketing strategies, buyers who are actively searching will trust them and stimulate their interest to be more positive about that new home.
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Facing Foreclosure?

Posted on September 1, 2010. Filed under: Homebuyers, Homeowners, Ideas & Information, Real Estate News & Updates, Tips, Uncategorized, US Housing News | Tags: , , , , , , , , |


Join the thousands that have made a resolution to take back their piece of mind and move forward with Home Loan Resolution!

Our Mission is simple, we help our Clients save their homes and commercial building owners save their businesses from bankruptcy and foreclosure, by conducting a complete and thorough Forensic Loan Audit using their original loan documentation. Our Company then prepares a complete case analysis and delivers a completed “Case Binder” to the attorney of your choice.

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Best Places in Texas

Posted on August 31, 2010. Filed under: Homebuyers, Homeowners, Ideas & Information, Real Estate News & Updates, Tips, Uncategorized, US Housing News | Tags: , , , , , , |

Fort Worth, TX

Fort Worth has been selected as one of the Best Places to Retire for Republicans. Temperatures in the city reflect Texas’s legendary heat, ranging from the 30s and 40s in the winter to the 80s and 90s in the summer. Fort Worth is the western anchor of the Dallas-Fort Worth-Arlington metroplex. While the city is known for its cattle-driven history, today aerospace, energy, and technology drive its economy.

Call it a cow town with a bit of an edge. Fort Worth, a city decidedly partial to the cattle-skull-and-cowboy-hat traditions of its roots as a Civil War-era livestock hub, continues to grow because of a diverse group of modern industries. The city consistently ranks well in livability surveys and enjoys a thriving cultural scene. While the stockyards historic district draws raucous crowds to the likes of Billy Bob’s Texas (billed as the world’s largest honky-tonk), Fort Worth also boasts one of Texas’s most walkable downtowns. The Sundance Square area is home to both the city’s best sushi and the Philip Johnson-designed Fort Worth Water Gardens.

For a city its size (population 610,534), Fort Worth also packs an artistic punch. It is home to two world-class art museums, the Kimbell Art Museum and the Modern Art Museum of Fort Worth, which have notable works by Richard Serra and Philip Guston. The city also has a top-notch performance space, the Bass Performance Hall, which hosts the annual Van Cliburn international piano competition. The Fort Worth Zoo and Botanic Gardens deserve an honorable mention as well, as do several museums devoted to Fort Worth’s history, including the Cattle Raisers Museum and the National Cowgirl Museum and Hall of Fame.

For college football fans, there’s Texas Christian University’s Horned Frogs (the team plays in the Mountain West conference), and the university offers other NCAA events as well. In the professional arena, Fort Worth’s proximity to Dallas puts the Mavericks, Cowboys, Rangers, and Stars within easy driving distance. For local fans, the Fort Worth Cats play baseball at LaGrave Field near the stockyards.

U.S. News Editorial Pick: Best Places to Retire for Republicans

There are few states redder than the Lone Star State, and Fort Worth is unique among America’s larger cities when it comes to a hefty right-leaning bent. Nearly two thirds of its residents identify themselves as Republican.

Fort Worth Schools:

Colleges in Forth Worth include Texas Wesleyan University and Texas Christian University, plus smaller institutions like the College of St. Thomas More and a campus of the University of Texas at Arlington. The University of North Texas Health Science Center is the city’s only medical school.

Fort Worth Health Care:

The 16 hospitals and 60 clinics in the city limits include Harris Methodist Fort Worth Hospital, which was awarded the 2008–09 Consumer Choice Award by the National Research Corp. and has held the title for 13 years. Other large hospitals include the JPS Health Network, which last year moved into its new Patient Care Pavilion, a 233,000-square-foot, state-of-the-art emergency and acute-care facility with 12 operating rooms. The Baylor All Saints Medical Center has a fast-growing maternity center and organ transplant services, and the Cook Children’s Health Care System is known for pediatric expertise.

Fort Worth Jobs:

For decades, jobs in Fort Worth have been less about herds of cattle and more about fleets of planes. It’s an aerospace and airline town, with large area employers including American Airlines, Lockheed Martin Tactical Aeronautics Co., and Bell Helicopter. Military contracts are important to some of these companies. But a variety of companies like Burlington Northern railroad and RadioShack have corporate headquarters here, as do retailer Pier 1 Imports and drugmaker Alcon, which bases its U.S. operations in the city. Fort Worth’s position near the Barnett Shale natural gas field also means jobs in energy, and high-tech manufacturing and tourism contribute to the economy as well. The median household income is $41,002.

The median home price in Fort Worth is $128,500. The slump in residential home prices has been less severe than in many other parts of the country as the city and much of Texas managed to skirt the more extreme excesses of the real estate boom and bust. Office vacancies in downtown Fort Worth have held up relatively well also. They’re less than half the rate of nearby Dallas.

Overview information and high school, college, hospital, and nursing home rankings copyright © 2010 U.S. News & World Report.

Other data and information copyright © 2010 Onboard Informatics or as otherwise sourced. Information is represented by Onboard Informatics as reliable but not guaranteed.

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“Buy Homes For Sale In Austin Quickly! Our Prices To Help You Buy Homes For Sale In Austin Are Always Just Right!”

Posted on July 28, 2010. Filed under: Uncategorized | Tags: , , , |

When a deal arrives, so will the Smart Buyers List notification!
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Essential Tips for First Time Home Buyers

Posted on March 22, 2010. Filed under: Homebuyers | Tags: , , , , , , , , , , , , , , , , |

Before purchasing a new home, there are few things you need to keep in mind. Here is a check list for home buying.

– One of the essential factors that affect your home buying decision is price. Yet most forget to check if they are purchasing at a rate at par with current real estate trends. Hence, people especially first time home buyers much check prevailing rates in your area. You can get all the information on websites like Zillow and Homegain. If these don’t sound quite reliable, you can check the official website of National Association of Realtors.

– It becomes very difficult for first time home buyers to repay the mortgage, research says. This happens because of inadequate research and planning. Hence, it’s wise to calculate the monthly amount they will be able to repay. There are various mortgage calculators on the web available today.

– Another thing people often fail to consider is the total cost involved in buying a new home. Along with the cost of home, buyer has to pay many types of taxes and insurance to own the house. This may sound quite insignificant, but these things can cost you dearly. In few areas, taxes are twice the mortgage amount. You don’t want to fall into such traps, do you?

To avoid such consequences, you can call up the local insurer and check how much insurance will be required for your property. However, finding information on taxes is quite simpler. Log on to Zillow and check how much you will be taxed and where to find a place with comparatively lower prices.

– However, the above costs are just a part of the whole. You will incur many other expenses, which can be summed up as settling costs. There are lender fees, home owner association fees, settlement, and title fees. So, make sure you have included all these costs in your budget. A First-time home buyer must keep this in mind.

– Fannie Mae suggests you must plan a budget before you plan to relocate. This is because there are lolls of other costs incurred when you first move to your new place. And approximately 30% of you income is spent on it, which can ultimately earn you a title of ‘house poor’.

– Spend some time researching on the local information. It’s advisable to know about the local weather, change in temperatures, movement of real estate prices, etc.

– People believe house is a long term investment. It essentially is till the time you maintain your costs effectively. However, if you fail to manage these expenses, you will end up paying more than you will earn, in long term.

So, buying a home is certainly good news. But not considering these points can transform it into a bad news and eventually, a bad deal. These are must-follow tips for first time home buyers.

by stephanie johns

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Avoid Foreclosure Tips

Posted on February 24, 2010. Filed under: Tips | Tags: , , , , , , , |

Avoid Foreclosure Tip #4: Minimize spending. Eliminate optional expenses such as cable TV & internet, club memberships, etc.

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Avoid Foreclosure Tips

Posted on February 23, 2010. Filed under: Tips | Tags: , , , , , , , |

Avoid Foreclosure Tip #3: If getting further behind your payments, contact your lender for options to help you.

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