Monthly Archives: May 2008

Avoid These Seller Mistakes

By Hank Bailey®Prudential Blanton Properties You want to get the best price for your home, plus sell it in the least amount of time. In a buyers’ market such as the one emerging now, homes will take longer to sell. … Continue reading

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Ideas for Selling your Home in a Slow Market

Consumer Reports, the trusted rater of goods and services, also offers information for homeowners through tried and true ways to quickly sell homes. Seek representation from a REALTOR who knows the area. Seek local agents know the area. Have several … Continue reading

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Many Issues to consider when Buying Foreclosures

Properties in foreclosure are possibly damaged goods. When people go into default on their homes, some may tend not to care for the property. They may not maintain the property and could damage the property deliberately. Remember the term “As … Continue reading

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Now Is A Great Time To Buy A Home

By Hank Bailey, REALTORPrudential Blanton Properties If you’re ready to buy a home and can afford it, now is a great time to buy. Mortgage interest rates remain very low. In many areas, buyers have a lot of inventory from … Continue reading

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Fannie Mae Announces Single National Down Payment Policy

May 16, 2008 PRESS RELEASE Fannie Mae Announces Single National Down Payment Policy; Replaces Policy Regarding Markets Where Home Prices are Declining WASHINGTON, DC — Fannie Mae (FNM/NYSE) today announced a new, national policy on down payment requirements for conventional, … Continue reading

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Devil in Details of Foreclosure ‘Bargains’

Saw this in Realty Times Feature Article by Broderick Perkins published today. I wanted to pass it along. As always, the “Devil is in the details.” “Any savvy real estate investor will tell you a foreclosed home that is priced-to-sell … Continue reading

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Can You Afford That House?

By Hank Bailey, REALTORPrudential Blanton Properties Before you start searching for your dream home, you first need to determine a price range you can afford. According to the Federal Housing Administration (FHA), depending on the consumer’s current debt ratio, most … Continue reading

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A Home Shopper’s Must-Haves and Wish Lists

Shopping for a home is an exciting adventure and it’s easy to get lost in a sea of dazzling for-sale homes and all of their fabulous amenities – which can cause you to temporarily forget that a large backyard is … Continue reading

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