property: FHA Buyers Beware! - 02/18/09 08:00 AM
Now that most zero down loan options have been removed from the market, many condo buyers are turning to FHA loans as the next best thing.At this time, FHA loans require a minimum down payment of 3% and allow the seller to pay closing costs, which can range from approximately 3 to 6%.One of the issues that can arise from using an FHA loan to purchase a condo is the restriction that FHA puts on which complexes the condo can be located in.The department of Housing and Urban Development (HUD) maintains an "out-dated" list of approved condo complexes where an FHA … (0 comments)

property: The home-staging cheat sheet - 11/19/08 08:08 AM
Faced with a massive glut of unsold homes, many would-be sellers are struggling to make their properties stand out in today's downtrodden real-estate market. But while the economic head winds are beyond property owners' control, home-marketing expert Barb Schwarz says they can dramatically improve their chances of making a sale by devoting attention to an often-overlooked aspect of real-estate selling: home staging.
Schwarz, the CEO of StagedHomes.com, was a pioneer in home staging back in the early 1970s and has used the techniques to sell properties ever since. "The goal [of home staging] is for the buyer to mentally move in," … (0 comments)

property: A Successful Sale - 10/07/08 05:53 PM
It's every seller's goal to receive multiple offers and to ultimately sell for the full asking price. Although you can't control market conditions, you can do several things to make your home more appealing to buyers.  First, price your home realistically. If you are seriously committed to selling your home, don't overprice it. Find out the market values for homes in your neighborhood and price your home accordingly. I can help you with this by providing a comparative market analysis. 
After you've set a realistic price for your home, fix it up so it's ready to show. Preparing your home for … (0 comments)