I Know, I know...........
1. You owe more on your home than what it is worth.
2. You don't have tens of thousands of dollars to bring to the closing table.
3. You have good credit and are not behind on your payments.
4. Homes are not selling where you live.
5. There is a real estate and mortgage crisis going on in this country.
6. You would love to take advantage of the HUGE buying opportunities in this market.
Relax people! Banks are now allowing people to sell their home for less than what is owed on them. We are selling homes for people who are upside down by over $100,000 and the banks are letting them do it!! They have a program to do this without destroying your hard-earned good credit.
"Why"??
Because the banks are getting HUGE handouts from the government. They want to take ALL of their losses now while the government is giving these handouts out like Halloween Candy. Their strategy is to flush all the negative equity out of the market TODAY!!
The process is called a "SHORT PAYOFF".
NEVER HEARD OF IT??
Don't feel bad, most people haven't....
If you would like to know how this is done or to see if you qualify, shoot us an email or a phone call (614-804-2100).
We are doing these transactions in all 50 states.
These programs will NOT last forever..........
When the bailout money is gone, these programs will probably go bye-bye.....
If you are ever going to do it, now is the time!!
For a copy of our book we co-authored, Should I Short Sale My Home?, send me an email and I will email it to you.
Sunday, December 28, 2008
Friday, November 21, 2008
Has Central Ohio Hit ROCK BOTTOM???
Has Central Ohio hit ROCK BOTTOM???
Many Industry experts (including us) feel that it has...........
Read on.
FRONT PAGE NEWS OF THE COLUMBUS DISPATCH!
The headline reads: "THAT SINKING FEELING OUCH!"
Sounds terrible and depressing, right?
However, if you read the article carefully (on page 4) you will see
that the data points to the fact that OUR local real estate market
is nearing the bottom.
How do we know that?
1. Affordability Index--Our homes are undervalued here. Our median price is in the $140's while the rest of the midwest is in the $160's.
2. Cost of resale home vs new home--"A recent National Bureau of Economic Research study found that home-sales prices were below comparable housing construction costs............including Columbus. It means the Columbus market is probably undervalued."---Walter Maloney spokesman for the National Association of Realtors
3. The number of homes on the market is declining--The number of listings was down 15% in September and NEW listings are off by 13.6% (this helps balance the market out)
4. The decrease in value is slowing in our market--NEVER pay attention to national numbers. We started our decline about 2 years ahead of CA, FL, NV, and other parts of the country. We should recover before they do as well. Central Ohio ONLY FELL 5% FROM THE SAME QUARTER AS 2007.
5. The number of incentive programs by the government is increasing for BUYERS--The government is voting to bring back Down Payment Assistance and they created a huge $7500 tax CREDIT for buyers who use FHA (contact us for more details on this incredible incentive).
6. Many people have been waiting for the BOTTOM OF THE MARKET.--Rarely are people able to time the stock market or the real estate market. However, people will try to do it. Most of them are going to get caught on the way UP next year. I can't tell you how many people have told me they are going to wait until prices hit bottom and THEN buy a home. It is happening in 2009 according to the data.
7. Some markets are already increasing in the US and have "bottomed out".--Two states on either side of us (Illinois and New York) have had greater than 8% increases in pricing this quarter compared with 2007.
8. Mortgage Rates are dropping like crazy.--The bond market is going crazy and driving down 30 year fixed rates.
IF YOU (OR ANYONE YOU KNOW) HAS EVER THOUGHT OF BUYING A HOME, DO NOT MISS OUT ON THE MOST INCREDIBLE BUYING OPPORTUNITY THEY MAY EVER SEE!!! (yes, I am yelling with my bold face type because I do not want anyone to miss it) :-)
If you are SELLING (as a move-up buyer) and buying in a higher price point, YOU CAN MAKE (SAVE) THOUSANDS OF DOLLARS BY SELLING NOW AND BUYING NOW. If this does not make sense or seem irrational, contact us for an explanation. Move-up buyers have the BEST opportunity in a buyers market. They PAY MORE in a sellers market and it actually works AGAINST them. Weird huh??
If you MUST sell (and owe more than your home is worth), we have programs to help get your home sold and NOT have to bring any money to the closing table. If you don't know what a SHORT PAYOFF is or a SHORT SALE (they are not the same thing) contact us immediately. These special programs are running out of time. The government is only running Short Sale Forgiveness through 2009!! Don't miss out on it.
If you have ever thought of INVESTING, NOW IS THE TIME!! We have single family homes that cashflow around $100-$150 per month on a 15 year mortgage and have a property management company to do all the UGLY work. You will need about $10,000 to invest to purchase the property. The biggest complaint we hear is "I don't want to be a LANDLORD". Well, neither do we. We have a property managment company that: renovates the home, does the dirty work, rents the home, collects rents, does the lawn care, takes all maintenance calls, screens the clients, (everything) and makes it so you never even have to see the property..........EVER. Call or email for details.
So, keep you head up!!
It is most likely that the WORST IS BEHIND US here in Central Ohio.
Thank Goodness!!! :-)
Many Industry experts (including us) feel that it has...........
Read on.
FRONT PAGE NEWS OF THE COLUMBUS DISPATCH!
The headline reads: "THAT SINKING FEELING OUCH!"
Sounds terrible and depressing, right?
However, if you read the article carefully (on page 4) you will see
that the data points to the fact that OUR local real estate market
is nearing the bottom.
How do we know that?
1. Affordability Index--Our homes are undervalued here. Our median price is in the $140's while the rest of the midwest is in the $160's.
2. Cost of resale home vs new home--"A recent National Bureau of Economic Research study found that home-sales prices were below comparable housing construction costs............including Columbus. It means the Columbus market is probably undervalued."---Walter Maloney spokesman for the National Association of Realtors
3. The number of homes on the market is declining--The number of listings was down 15% in September and NEW listings are off by 13.6% (this helps balance the market out)
4. The decrease in value is slowing in our market--NEVER pay attention to national numbers. We started our decline about 2 years ahead of CA, FL, NV, and other parts of the country. We should recover before they do as well. Central Ohio ONLY FELL 5% FROM THE SAME QUARTER AS 2007.
5. The number of incentive programs by the government is increasing for BUYERS--The government is voting to bring back Down Payment Assistance and they created a huge $7500 tax CREDIT for buyers who use FHA (contact us for more details on this incredible incentive).
6. Many people have been waiting for the BOTTOM OF THE MARKET.--Rarely are people able to time the stock market or the real estate market. However, people will try to do it. Most of them are going to get caught on the way UP next year. I can't tell you how many people have told me they are going to wait until prices hit bottom and THEN buy a home. It is happening in 2009 according to the data.
7. Some markets are already increasing in the US and have "bottomed out".--Two states on either side of us (Illinois and New York) have had greater than 8% increases in pricing this quarter compared with 2007.
8. Mortgage Rates are dropping like crazy.--The bond market is going crazy and driving down 30 year fixed rates.
IF YOU (OR ANYONE YOU KNOW) HAS EVER THOUGHT OF BUYING A HOME, DO NOT MISS OUT ON THE MOST INCREDIBLE BUYING OPPORTUNITY THEY MAY EVER SEE!!! (yes, I am yelling with my bold face type because I do not want anyone to miss it) :-)
If you are SELLING (as a move-up buyer) and buying in a higher price point, YOU CAN MAKE (SAVE) THOUSANDS OF DOLLARS BY SELLING NOW AND BUYING NOW. If this does not make sense or seem irrational, contact us for an explanation. Move-up buyers have the BEST opportunity in a buyers market. They PAY MORE in a sellers market and it actually works AGAINST them. Weird huh??
If you MUST sell (and owe more than your home is worth), we have programs to help get your home sold and NOT have to bring any money to the closing table. If you don't know what a SHORT PAYOFF is or a SHORT SALE (they are not the same thing) contact us immediately. These special programs are running out of time. The government is only running Short Sale Forgiveness through 2009!! Don't miss out on it.
If you have ever thought of INVESTING, NOW IS THE TIME!! We have single family homes that cashflow around $100-$150 per month on a 15 year mortgage and have a property management company to do all the UGLY work. You will need about $10,000 to invest to purchase the property. The biggest complaint we hear is "I don't want to be a LANDLORD". Well, neither do we. We have a property managment company that: renovates the home, does the dirty work, rents the home, collects rents, does the lawn care, takes all maintenance calls, screens the clients, (everything) and makes it so you never even have to see the property..........EVER. Call or email for details.
So, keep you head up!!
It is most likely that the WORST IS BEHIND US here in Central Ohio.
Thank Goodness!!! :-)
Friday, October 3, 2008
VIP Program--just starting
Hey guys,
Just wanted to let you know that Stacey and I are kicking off our VIP Program for our valued past and current clients (there are over 700 of you). For some of you, we will be contacting you via direct mail because we don't have your email address yet.
We have partnered up with some great entertainment and dining experiences and will be passing those along to you monthly.
TODAY---We have a coupon from one of our favorite home repair stores---Lowes. It is for 10% off your next purchase.
Please email us your name, address, and phone number if you want us to send you one:
We will be adding different promotions monthly.
You will hear from us more in the near future. Have a GREAT OCTOBER!!
Just wanted to let you know that Stacey and I are kicking off our VIP Program for our valued past and current clients (there are over 700 of you). For some of you, we will be contacting you via direct mail because we don't have your email address yet.
We have partnered up with some great entertainment and dining experiences and will be passing those along to you monthly.
TODAY---We have a coupon from one of our favorite home repair stores---Lowes. It is for 10% off your next purchase.
Please email us your name, address, and phone number if you want us to send you one:
We will be adding different promotions monthly.
You will hear from us more in the near future. Have a GREAT OCTOBER!!
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