Archive for April, 2010
Investors; If One is Good – A Dozen is Better
Second in a four-part series Synergy: The working together of two or more things, people, or organizations, especially when the result is greater than the sum of their individual efforts or capabilities. Synergy is a good way to describe the power of real estate investor groups. If one investor is good, a dozen or more [...]
Read Full Post | Make a Comment ( 1 so far )Real Estate Investors Are In A Buying Mood
First in a four-part series Cash-rich investors are scooping up bargain properties and often times beating out first-time home buyers competing for the same property. Scott Abell, an Oakdale-based Century 21 M&M and Associates Realtor, said investors typically either buy and then resale a property, or buy and keep a property for rental cash flow [...]
Read Full Post | Make a Comment ( None so far )Pros and Cons of New Short Sale Regulations
The recently introduced new regulations for streamlining short sales sounded too good to be true. For some home sellers, they just might be. Under the new federal regulations, with the new and improved short sale process: • Homeowners receive $3,000 for relocation expenses when they complete a short sale or hand over the property deed [...]
Read Full Post | Make a Comment ( 1 so far )Accelerating the Short Sale Process
Can a traditional “short sale” drag on and on before it is completed or closed Ask Chet Dilka, a Realtor based at the Century 21 M&M and Associates office in Stockton, he’s working on a short sale that is up to 654 days and counting. “I just got written approval for that short sale,” he [...]
Read Full Post | Make a Comment ( 4 so far )For a Limited Time: Tax Credits Available – Up To $18,000
A rare, limited-time “double-dipping” of federal and state tax credits offers California first-time homebuyers up to $18,000 in federal and state tax credits. Existing homeowners can qualify for tax credits up to $16,500. “It’s a one-time opportunity,” said Debbie Lintao, a mortgage advisor for Century 21 Mortgage. “I don’t think it will happen again.” Lintao, [...]
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