owners / investors
Port Saint Lucie, FL - #9 on Fastest Losing Value
(post by Dee) Saw an article on Yahoo’s home page yesterday about US cities where real estate values of homes are tanking the fastest, in terms of equity homeowners may have in their properties. Not suprisingly, Port Saint Lucie, FL came in the top 10! Recall our post about BT’s house in Port St Lucie, [...]
19Nov2008 | | 0 comments | ContinuedWhy Good Loans Are Now Also Frozen?! Banks Screwed Up, Homeowners Are Paying
(post by Dee) A comment from Robby clearly was due in part to misunderstanding of BT’s post from the other day about Banks Bringing Market Down. We obviously welcome all comments, but wanted to clarify this…
Here is what Robby wrote: “sounds like a paranoid and jilted broker complaining about a deal that didn’t go [...]
Banks Trying to Bring Down the Real Estate Market?
(post by BT) I have a multi-family property that went into contract back at the end of July. The building is a 4-family located in a very stable neighborhood in the outer boroughs. The buyer had already been qualified through his lender (bank-direct mortgage). The contract price was $750K. Ah, the appraisal! Now, as Realtors, we always know a property’s real market value. [...]
8Nov2008 | | 1 comment | Continued
NYC Property Sellers Keeping NY Real Estate Market Stable
(post by BT) I think that our real estate market has remained relatively stable due to the fact that our local NYC sellers are the most ignorant and stubborn sellers in the world! I am sure every real estate agent can vouch for this! Here, in many neighborhoods, sellers don’t seem to give a crap [...]
22Oct2008 | | 0 comments | ContinuedBad Craig’s List Real Estate Ad of the Month: ABC’s of Selling House Online - Funny, too
(post by BT) As a Realtor who always look to pounce on a helpless seller who just can’t do without me, I scan Craig’s List daily for leads. I’d like to start sharing with you some of the funnier or more ridiculous Craig’s List real estate posts I come across. Well, here is one from [...]
10Oct2008 | | 0 comments | Continued8 Types of NYC’s Landlords: A Question Renters Should Ask
(post by BT) Next time you are renting an apartment in NYC and decide to work with a Realtor to find your dream apartment (well, a dream rental – a short-term dream) then consider asking the following to your list of questions about the place…. What category does the landlord/owner fall into?
Here are eight types [...]
When Money Down Does Not Matter - Letting Go of Real Property
(post by BT) People who let go of their houses used to be mostly those who put no money down. But that is starting to change. I am starting to see property owners who put money into the deals letting go because they bought a property they thought was worth more money, and instead got [...]
26Sep2008 | | 0 comments | Continued
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