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
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What is Foreclosure?
Foreclosure is the process by which a lender reclaims a property from a homeowner who has defaulted on their loan.
“A” foreclosure refers to a property that is now owned by the bank. Banks don’t like to hold property. Owning property means keeping up with maintennance, upkeep, utilities, taxes, and etc…and that costs money. Banks like holding liquid money. As a result, they hire realtors to sell off their “foreclosure” properties or “REO” properties. REO stands for Real Estate Owned (as in, by the bank). Read more
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I was curious and haven’t looked into it in a while - so I ran a search for the most popular house in Spring Hill, Florida…a 3 bed, 2 bath, 2 car garage with a pool…and then I threw in the kicker…I wanted to find one for $100,000 or less Read more
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Take a look at our newest addition to the site! Whether you’re a new homeowner, or someone considering a real estate purchase in Hernando County, these are the companies, phone numbers, websites, and places you need to know about! Read more
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OK - Mercedes just dropped their prices again, so I had to repost this one because these are some INCREDIBLE deals for homes like these. Call me ASAP for more information or to schedule a showing! These will absolutely Read more
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- A real estate transaction is complicated. In most cases, buying or selling a home requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multi-page government-mandated settlement statements. A knowledgeable guide through this complexity can help you avoid delays or costly mistakes.
- Selling or buying a home is time consuming. Especially in a Buyers Market, homes in our area stay on the market for an average of 180+ days. And it usually takes another 60 days or so for the transaction to close after an offer is accepted.
- Real estate has its own language. If you don’t know a CMA from a PUD, you can understand why it’s important to work with someone who speaks that language.
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