Real Estate Today 9-24-2012

24 Sep

We received quite a bit of feedback on the two most popular articles we had last week, check them out if you missed them: Listing search of diminishing value for agent websites and Why real estate agents don’t answer the phone

‘Horifying’ Find in Ohio Foreclosure
RealtorMag | September 21, 2012
In foreclosed homes, it’s not uncommon to find belongings the previous owner left behind, such as furniture, clothes, or piles of trash. But a foreclosure in Dayton, Ohio, gave police possibly one of their most shocking finds yet — boxes containing the cremated remains of 56 people.

Agents and Twitter: Where You’re Going Wrong and How to Fix It
InmanNext | September 21, 2012
There have been endless articles written educating agents on how to use Twitter. There are also a ton of helpful posts about how to manage your time on the site so that you maximize your success without getting caught up in the world of pointless tweets.

Investors raise $8 billion for REO
HousingWire | September 21, 2012
Larger Wall Street investors rushing into the REO market have raised between $6 billion and $8 billion for acquisitions, according to analysts at investment bank Keefe, Bruyette & Woods.

Home Woes May Scuttle Your FHA Mortgage
MarketWatch | September 24, 2012
What’s a sure way to slow down approval of your FHA mortgage? Try to close on a property that doesn’t meet its safety, soundness and security requirements.

How Nixon Expanded Fannie Mae’s Footprint
The Wall Street Journal | September 21, 2012
A look back: Rather than weaning the mortgage market from dependence on Fannie, President Nixon increased it by signing the Emergency Home Finance Act of 1970.

Resolving unpaid HOA accounts before it’s too late
InmanNews | September 21, 2012
Delinquent homeowners owe homeowner associations (HOAs) about $1 billion in back dues, according to a Bloomberg News source, and the HOAs desperately want that money back — in some extreme cases in order to survive.  (This article is aimed at servicers of loans, I include it because it seems to me that the real estate industry could soon be dealing primarily with this kind of service for HOAs rather than working with the neighborhood leadership on collections. ~Anthony)

5 Reasons to Sell Now
The KCM Blog | September 24, 2012
Many sellers feel that the Spring is the best time to place their home on the market as buyer demand increases at that time of year. However, the Fall and Winter have their own advantages. Here are five reasons to to sell now. (The article lists some solid reasons to sell now rather than wait until Spring.  Do you agree and can you think of some other great reasons to list your home now?  What about commercial real estate?  ~Anthony)

School district in talks with city to buy Joe Albi Stadium
The Spokesman-Review | September 24, 2012
Spokane Public Schools has an interest in buying Joe Albi Stadium.  (You can give us your opinion on our Facebook page poll!!/stewarttitlespokane )



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Anthony V. Carollo / President
Stewart Title of Spokane

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Posted by on September 24, 2012 in Real Estate news


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