Posts Tagged ‘foreclosure’
Wayback Wednesday… Don’t be Dumb Like a Bank

- Image via Wikipedia
A couple of years ago I wrote a post about a particular property. It was a foreclosure, and the bank acted stupidly. And I’m not saying that lightly. Had they accepted my client’s offer, they would have sold the property a year earlier and for $40k more than they eventually got.
Now I see a lot of people making the same mistake from the other side of the fence…
I see buyers trying to deliver one last beating to the bank… often during the inspection phase… and losing a great deal over things that are trivial. I understand it. That doesn’t make it any better…
I had one client that was angry that the bank accepted his offer. He thought they would counter. I had warned him that they might accept of reject, but not counter. Some of the banks have a number. If you offer $1 over the number, they accept. If you offer $1 below, they reject. During the inspection period, this client made a LOT of demands. The bank rejected. No counter… no discussion.
Don’t make the same mistake the banks were making.
Wayback Wednesday… Don’t Hide in the Sand…
A couple of years ago I wrote about folks facing foreclosure. I would love to say that things have really changed in the last couple of years, but I can’t… They have actually gotten worse in many regards. But we might be seeing the light at the end of the tunnel… but it is just a pinprick of light…recent numbers are showing that the tide of foreclosures might be easing… if only slightly… from record levels.
Wayback Wednesday… Point/Counterpoint on Foreclosures
Two years ago, I was looking at foreclosures. There were several bad headlines, and I took a moment to look a little deeper.
Wayback Wednesday… I’ll Sell YOUR Home in a Week!
I wrote a cheeky post a couple of years ago… it still gets a lot of attention from Google.
I said I could sell any home in a week.
Flashback Friday… Against the Tide
I have a reputation for swimming against the tide. I kind of like it. Just when someone thinks I am on their side politically, they find out that I’m not always on that side…
Lane’s New Video Channel
I have just struck a deal with The Video Connector to provide video content for my sites. Look for lots of cool videos from Tara and TJ from Reel Productions. They have been the providers of my video tours for a couple of years now, and really have a handle on the real estate market. Enjoy.
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What do my clients think?






