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Real Estate Today 9-7-2012

07 Sep

Yesterday I asked Given the terrible vandalism on the Spokane Valley listing this week, what advice would you give to sellers who have a vacant property (of any kind) listed?”  I was thinking in terms of securing the property against vandals, but you may have thoughts you’d like to share for any seller.  I got a couple of great responses, but I could use a few more to round out my new blog post.  If you have seller advice you’d like to share, simply post a comment below.

4 Unexpected Mortgage Decisions Every Buyer Will Face (and How to Make Them)
Trulia | September 5, 2012
The financial end of home buying is, for many, the most intimidating piece of the entire experience. Why?  Well, most of us don’t sign 30-year financial obligations on a daily basis. Plus, the consequences of poor decision-making in this particular area stand out as particularly disastrous.

94% of Americans Blame Their Computer
Forbes | September 4, 2012
Computers are causing stress.  A lot of stress. In fact, a new survey commissioned by Crucial.com, a seller of memory upgrades, proves it.

Rural Affordable Housing Struggles With Oil and Gas Boom
HousingWire | September 6, 2012
Waves of highly paid oil and gas drilling employees into rural areas is causing strain on local governments to provide affordable housing for locals who can no longer afford skyrocketing rents, according to a government study released Thursday.

Eminent Domain Gambles With Local Mortgage Credit
HousingWire | September 6, 2012
Threats of withdrawn mortgage credit may deter local governments from accepting proposals to seize underwater mortgages through eminent domain, not court rulings, according to one expert on the issue.

When Social Media Marketing Doesn’t Work for You
The New York Times | August 17, 2012

Even once you have connected with someone, social-media-networking takes considerably more time than face-to-face networking. I believe it takes seven quality contacts before you can start talking commerce, but I’ve read industry estimates as high as 21 meaningful contacts before you can close business. Here are the five steps I suggested for Mr. Lacher.

Complaints Against Lenders
The New York Times | September 6, 2012
The new Consumer Financial Protection Bureau received 23,500 complaints about mortgage lenders from last December through this past June, according to a recently released semiannual report. And, not surprisingly, just over half the complaints centered on the problems borrowers encountered when they were unable to make payments.

Housing Crisis Turns Some Ex-Homeowners Into Lifelong Renters
Aol Real Estate | September 6, 2012
You couldn’t pay Mark Williams to own a home again.  “Give me the money for it,” he said. “I’m still not buying a house.”

Five Star Panel Debates Home Rehab Options
DSNews.com | September 6, 2012
“To repair, or not to repair.” That was the question posed to a number of panelists Thursday morning at the Five Star Conference and Expo.

Stewart Title Spokane Facebook Page

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Posted by on September 7, 2012 in Real Estate news

 

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