Is your home priced too high for the current market? Many times, sellers insist on testing the market to make sure they are not leaving money on the table. Some times, the listing agent is selected based on recommending the highest list price. Other times, sellers simply have an inflated opinion of the value of…
An additional consequence of losing your house to either foreclosure or a short sale, is the potential tax liability. (As if you aren’t hurt enough!) The IRS has added a section to their website that helps explain it. You need to consult a tax professional to be sure, but this site gives you some information to start…
On the days that I’m not out showing or previewing homes, I check the MLS “Hot Sheet” list several times a day to see what just came on the market, what has recently been reduced, and what has changed status to indicate that it is under contract. I’m often amazed at the number of price…
The Lake Forest market, as well as surrounding cities in the South Orange County area, seem to be picking up the pace a little now. The inventory has shrunk some, as many sellers have taken their homes off the market for the holidays, and the prices are now noticeably lower than last summer. I have…
Freddie Mac just released this video about foreclosure fraud schemes. It’s only a few minutes long, but gets the point across quickly. If you know someone who is behind on their mortgage, there are many ways they can minimize the damage, but signing off on the deed is not one of them! View this You-Tube…