September 9, 2011

Doubling Down on a Short Sale

Pro’s and Con’s It’s difficult advice to give a Buyer, but I ran into another agent recently who recommends that would-be Buyers in a short sale go ahead and deliver their earnest money check and perform their inspection — before the bank signals its OK. Many (all?) Buyers are hesitant to do that, because if the bank does not agree...
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“You’ll Know It’s OK to Get Back in the Stock Market When . . . “

Should You “Just Get Out?” That was the most provocative question posed to Liz Ann Sonders, Chief Investment Strategist for Charles Schwab, at a conference call with investors earlier this week (I saw a taped version the next day). Her answer? “No,” because there are no accepted, reliable metrics for deciding:  a) when to get out;...
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Note to Readers: Experiencing Technical Difficulty

“Please Stand By” Sorry to anyone trying to access this blog earlier today (that included me, trying to post!). The company hosting City Lakes Real Estate has become increasingly unreliable the last few weeks — so much so that I’m switching to another vendor this weekend (or more accurately, this blog’s ace Web developer, Tim Elliott, is executing the...
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