Michael Mergell's (mmergell) Blog

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Real Estate Broker/Owner - Michael Mergell, RE/MAX Legends Group

ARCHIVED BLOG POSTS

2009 

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Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers   Many people make the assumption that since they have less than perfect credit, they are barred form owning their own home. They are under the impression that no one will trust them with a mortgage; while this may have once been the ca...
02/28/2009
Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers   Are you thinking about investing in real estate? It can be a great way to make money. Some of the world's richest people-Donald Trump and Suleiman al-Fahim, for example-made their fortunes in real estate. Real estate is a great wa...
02/28/2009
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Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers   With house prices continuing to fall and a recession looming here we look at your property, not merely bricks and mortar but your property being your home for you and your family. Buying a property is likely to be the largest investme...
02/28/2009
Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers   On August 22nd, 2008, the Foreclosures Help resource website conducted a survey of U.S. residents who are either now in foreclosure or at least three months delinquent on their mortgage. The purpose of the study was to get a better u...
02/28/2009
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Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers   Everyone is aware of the current real estate crisis and increased foreclosures going on in the States. But what many people may not be aware of, is that there are some great values available if you are looking to purchase a house or p...
02/28/2009
  Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers   According to a report on 60 Minutes last Dec. called The Mortgage Meltdown, the number of foreclosures that we will face in the next 12 - 36 months is frightening. The next wave of loan defaults will come from Alt-A and Payment Opti...
02/28/2009
Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers If you are behind in your mortgage payments and the home may be going to foreclosure soon, there may be a way to delay foreclosure and possible save the home. Many of the mortgages we currently have were sold. Original mortgage notes m...
02/27/2009
Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers $787 billion is a nearly unfathomable number. What does it really mean and where it all that money going? According to the official American Recovery and Reinvestment Act website the money is broken down in the following manner: $288 bi...
02/27/2009
  Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers   It is feasible to always take help from professional real estate agent to make a lucrative deal. Real estate brokers provide every kind of help to sellers as well as buyers. Without a nice real estate agent, you may never get an imp...
02/23/2009
One country facing a particularly dire situation is Spain.  One Spanish housing association believes that unsold homes in Spain could grow to 1.5 million by the end of the year.  Compare that to the estimated 1 million homes on the market at the end of 2008 - a potential 50% jump.  And with about...
02/23/2009
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