Buyers and Sellers

Feb. 27, 2015

What is Absorption Rate and Why Does it Matter?

As we head into the heart of the real estate selling season I thought it would be interesting to look at market conditions from a new angle. In the past I've looked closely at the foreclosure and short sale markets as well as specific areas and neighborhoods like Cabezon ...

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Posted in Buyers and Sellers
Feb. 27, 2015

REO, Foreclosure, Bank Owned, Short Sale, What's the Difference?

Real estate agents can be guilty of throwing around terms like REO, foreclosure, bank owned and short sale without taking the time to explain what they are, assuming that consumers already know. If you are a first time home buyer it can be confusing to understand, especially when some of the ...

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Posted in Buyers and Sellers
Aug. 30, 2012

Was That Sunroom Permitted?

 

As if mortgages weren't already dificult enough to get, now comes a new wrinkle for home buyers: trouble with unpermitted sunrooms, room additions and pools.

I've had several transactions this year that have threatened to terminate because of unpermitted work. It seems that appraisers are now required ...

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Posted in Buyers and Sellers