I’m attending a short sale closing this afternoon. This property went under contract, its first contract, around January 15th in the year two thousand and eight. And when that initial buyer went away because the bank’s BPO came in at 13,000 dollars over our full price offer (which translated means that the bank felt the [...]

There is a cool program in Longmont; it’s a city ordinance in fact, to help income qualified buyers get into nice properties in Boulder county.  “Through the Community Housing Program, the City, in cooperation with housing developers, makes brand new homes available for sale at affordable prices. The savings is passed on to income eligible [...]

I recently spent 27 hours in Las Vegas - about twenty hours more than necessary, in my opinion, but that’s okay. I got to see one of those old school Vegas shows full of feathers and lacking clothes, nurse a heat stroke on the strip at two in the afternoon and donate $3.75 to a [...]

Who pays full price in this market? Many would ask, what buyer (who isn’t somehow chemically or cognitively impaired) is going to come to the table at asking price and still be smiling?
Or is something interesting happening out there in this big fat buyer’s market?
It is my most humble opinion, and maybe there are [...]

My first closing as an agent (I’ve been to many as a seller/buyer) was initially scheduled for 9:30 am on Thursday, May 22nd. It got pushed to noon to give time for documents to get to the title company. No big deal except it meant that my employing broker wouldn’t be there to hold my [...]

Short sale, pre-foreclosure, REO – very familiar terms in today’s real estate market. In fact, recent statistics reveal a 23 percent increase in foreclosure filings from the last quarter of 2007 and a 112 percent increase from the first quarter. This translates to the reality that one in every 194 U.S. households received a foreclosure [...]