As a Potential Buyer - Are You Looking for “The Deal” or “The One”?

Home vs Value I’ve noticed a bit of a disconnect with buyers in Hernando County lately. Many of them don’t seem to be sure of what they’re really looking for…and sometimes they want too much (that’s not a bad thing). But if you truly want to reach your goal, you need to define it, and then define how you’re going to get it.

The biggest issue I keep coming across is buyers not making a distinction between wanting “The Deal” and searching for “The One”. These are two very different goals for Hernando County Real Estate and it’s important to know which one is the priority for you.

Now - you absolutely CAN find both The Deal AND The One at the same time…but generally it’s not likely and if push comes to shove…you need to know which one is more important so that you know how to proceed.

How To Know What to Offer on a Bank Owned Foreclosure Property…

We had an excellent question this week over at the Spring Hill Real Estate Buyers & Sellers Q&A Forum.

Spring Hill Foreclosure Properties If you’re curious or interested in purchasing foreclosure properties in Hernando County, Florida (or anywhere else, for that matter) it’s definitely worth your time to give it a quick read.

I went into detail about some of the process, what to expect, and perhaps most importantly - how to come up with the price you should offer the bank for their property to ensure that you get the best deal possible.

Remember - if you have any questions, contact us any time and we’re happy to help!

Thanks,

-Josh

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If a Spring Hill Home for Sale is in Pre-Foreclosure (Short-Sale), Can I Still Negotiate on the Price?

Reprinted from the Spring Hill Real Estate Buyers & Sellers Q&A Forum.

Spring Hill Real Estate Overworked Asset Manager This question was recently posed by a potential buyer:

If a Spring Hill Home for Sale is in Pre-Foreclosure (Short-Sale), Can I Still Negotiate on the Price?

This is a question that has both a short and long answer. The short answer is as follows:

Absolutely - one of the wonderful things about real estate is “Absolutely Everything is Negotiable”.

And now for the long (but definitely more informative) answer…

You must first define “pre-foreclosure” and/or “short-sale” to make sure that we’re all on the same page. I wrote an article about short sales on the Hernando Luxury Homes website - make sure to take a look if you have any questions…otherwise I’ll assume we’re on the same page and move forward from there.

Next we must understand the process by which a short-sale or pre-foreclosure is sold. There are several stages or dominoes that must all fall in order for the deal to go through (this is why short sales can take up to 6 months or longer to close).

How Does The Home Purchase Tax Credit Impact My Decision to Purchase Spring Hill Real Estate?

This question was posed recently by a prospective buyer, and my answer to the question was actually featured on Realtor.com - Take a look by clicking the following link:

http://talk.realtor.com/2008/08/13/how-does-the-home-purchase-tax-credit-impact-my-decision-to-purchase-a-home/

We’ve just recently started our Buyers & Sellers Q&A Forum over at http://SpringHillRealEstate.FeaturedBlog.com - if you have any questions about anything even remotely real estate related, please feel free to let us know! We’re planning on posting 1 question per week, but even if yours isn’t posted on the site, we’ll get back to you!

Take Care,

-Josh

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On Demand Neighborhood Sales Reports - New Hernando Luxury Homes Feature

As we are constantly striving to improve the services that we offer to our clients, our website is almost constantly undergoing little tweaks and upgrades.

The latest of which is our On Demand Neighborhood Sales Reports (check it out over in the far-right side bar). Quick and Easy - if you are considering either buying or selling Real Estate here in Hernando County, Florida, just fill out the Neighborhood Sales Reports Quick-Form and we’ll send you an email with the report you select - either Active Listings or Sales in the Past 90 Days (or both) for the neighborhood of your choice.

If you have any questions or would like a report that more specifically matches your home (or the home you’d ideally like to purchase), just email me at Josh@HernandoLuxuryHomes.com with whatever criteria you’d like matched (#Beds, #Baths, Square Footage, Pool/No Pool, etc) and we’ll get as specific with the report as you’d like.

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How do Short Sales Affect a Potential Buyer, and What to Do About It.

This is going to be a multi-part entry on short sales detailing what they are, what they aren’t, why they’re not bad for the real estate market, why they ARE bad for the real estate market, and whether or not you should look into purchasing one. Read more