vibratile

Important Tid Bits!

 

RATES REMAIN AT RECORD LOWS!!  NOW IS THE TIME TO BUY!!
http://realtormag.realtor.org/daily-news/2011/09/02/mortgage-rates-hover-around-record-lows

FALL FIXES FOR YOUR HOME!

http://realtytimes.com/rtpages/20110907_fixes.htm

 

SHORT SELLING MAY BE A GOOD OPTION

There’s encouraging news for the homeowners who need to get out from under a mortgage they can no longer afford.  More banks are agreeing to “short sales” instead of going through the foreclosure  process.  This provides the homeowner a way out and it helps the bank avoid the costly foreclosure process.  Short sale closings are up 19%.  As a general rule of thumb, they sell at a 21% discount when compared to a normal “arms length”sale.   National stats show that foreclosures sell at a 40% discount.

 

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