Tag

potential short sale

Why I’m Not a Fan of Automatic Searches . . .

 . . . Emailed Directly to Clients In theory, automatic searches on MLS are the greatest thing since sliced bread:  the Realtor inputs their client’s purchase criteria — price range, preferred area, home attributes, etc.. Then, whenever something comes on the market meeting those criteria, the client automatically receives an email (and presumably contacts their...
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Short Sale Denial, Short Sale Semantics

Potential Short Sale?  Not if it Sells for ≥ 10% Over Market If you have been in a cave (or simply aren’t up on the housing market), a “short sale” is when a homeowner owes more on their mortgage than the home is worth (called “being underwater”), and to sell, must get the bank to accept...
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Recipe for Multiple Offers: 1928 Fremont Ave. South

21% Over Asking Price! Take an A+ location in Minneapolis’ tony Lowry Hill neighborhood, strategically located in between Downtown Minneapolis and picturesque Lake of the Isles. Add a huge, 4,800 square foot all-brick triplex. Then put it on the market for $314,900 — a whopping $351,600 below tax assessed value of $666,500. What do you...
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“Always Be . . . Selling”

Lockbox Combo as Marketing Tool After doing a couple thousand showings (and opening that many lockboxes), it’s rare that I run into something unusual — at least that doesn’t involve a foreclosure. But up until today, I can’t say that I’ve ever opened a lockbox where the three letter combination was part of the listing...
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