Dan Polimino – What is Selling And Where In Denver Real Estate

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Red Blue Realty Offers Tips and Insight On Selling A Home Quickly

North Hills, CA (PRWEB) January 15, 2013

Selling a home quickly can be a real challenge in todays real estate market. In the North Hills real estate market and all across Los Angeles, despite rising home values and lower than normal home inventories, buyers may take their time about selecting a property for purchase.

Red Blue Realtys team of experts knows that many buyers expect to see a home thats environmentally friendly, has a security system, enhanced landscaping, or a fresh coat of paint. Of course many sellers dont wish to make large capital investments in home improvement prior to selling a property. And some buyers will want one thing, while others will seek another.

The best ways to achieve the result desired – a quick sale – is to institute some suggestions for home improvement that are bound to create buyer interest, and keep home pricing just below full market value.

Red Blue Realty believes that some affordable and simple alterations can make a home not only more attractive to buyers but create the type of property that buyers will want to purchase fast, before someone else snaps it up.

Some of these basic alterations include:

???? landscaping
????-security systems such as burglar, fire, and hazard detection alarms

????-environmentally friendly alterations such as solar panels or programmable thermostats

????-new, energy efficient appliances

????-technology assisting alterations

In more detail, technology alterations include such simple steps as adding outlets with USB ports in every room, which appeals greatly to younger couples and individuals. Another draw for tech savvy buyers is updating wiring for both the Net and flat screen televisions. And this isnt a costly renovation: simply find the appropriate place to install a wireless router.

Upgrading landscaping has been proven to increase home value – in terms of sales price and in terms of desirability to purchasers – between seven and fifteen percent. Sustainable plants, and gardens that dont require constant attention or a great deal of watering are a big draw in North Hills real estate.

Without altering anything substantially, simple cleaning and polishing can be key to making a home attractive enough to draw and close buyers. Steam cleaning carpets and polishing wood floors is inexpensive and creates an environment thats buyer friendly.

And speaking of cleaning, get rid of clutter and junk. Clean out the garage, dispose of old magazines and books.

Red Blue Realty suggests another upgrade thats simple and can close a sale quickly: sellers should make their homes look larger. This attractive illusion is easy, too. Add mirrors, use bright, light paint rather than dark colors, and in a kitchen, add a roll away cart with expandable shelves in lieu of an actual built in island, to utilize and enhance otherwise empty space.

While the recommendation to paint a home to freshen its appeal is fairly standard, Red Blue Realtys experts agree that choosing colors that are quiet in tone is a major plus, colors such as grey or beige to help create light and space in a home. Be sure and paint exterior windows and doors, as well as inside walls if youre not planning to repaint the entire home.

All upgrading aside, the key recommendation for selling a home quickly remains the tried and true decision to price a home competitively, and under market value.

Website: RedBlueRealty.com

Email: Contact(at)redbluerealty.com

Phone Number: 1-(855) 66-RBREALTY or 1-(855) 667-2732

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Profit Confidential Expert Reports: Downside Selling Expected into 2013 Despite S&P 500s Winning Streak

New York, NY (PRWEB) December 06, 2012

In a recent Profit Confidential article, financial expert George Leong reports that while the S&P 500 recently experienced a five-day winning streak, this is not the beginning of a sustainable rally. According to the Profit Confidential expert, the market is prone to downside selling, meaning that stocks will find it difficult to advance higher going into 2013.

In the article The Stock Market Event You Need to Guard Against Right Now, Leong notes that sales on Black Friday were fine, but not spectacular, and the uncertainty of the fiscal cliff suggests tax increases and budgetary cuts to areas such as government spending will impact the middle class and, ultimately, its ability and desire to spend.

Then theres the big financial mess in the eurozone, adds Leong. Greece has yet to receive its next loan, but the country will need it to pay off its initial loan. A mess is an understatement here. [Theres] also the recession in Spain and an unemployment rate over 25%. Moreover, there are another five eurozone countries in a recession.

In all, this is not a time to get too comfortable in the equities market, states Leong.

Based on what has been seen so far in the third-quarter earnings season, Leong reasons that revenue growth is muted, as America tries to get its consumers to spend. He notes that the holiday shopping season will be critical for the U.S. economy.

In Leongs expert opinion, investors should avoid trying to time the market. Instead, the Profit Confidential expert recommends a prudent investment strategy, suggesting that investors make sure they have some trading plans in place, including an exit strategy through mental or physical stop-loss limits.

Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $ 300 an ounce. In 2006, it begged its readers to get out of the housing market…before it plunged.

Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.

To see the full article and to learn more about Profit Confidential, visit http://www.profitconfidential.com.

Profit Confidential is Lombardi Publishing Corporations free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit http://www.profitconfidential.com.

Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardis current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six.

A Dozen People Talk With Morris County Realtor Kelly Holmquist, Attorney About Selling Their Home to Avoid Foreclosure

CHESTER, N.J. (PRWEB) December 04, 2012

The headlines are shouting about an improving housing market, but for a dozen people at a workshop in Chester earlier this month, the topic of a quieter discussion is avoiding foreclosure. They heard two experts Kelly Holmquist of The Holmquist Team, part of Keller Williams-Towne Square Realtors and Morristown Real Estate Attorney Martin Eagan talk about ways to do that.

Ms. Holmquist and Mr. Eagan work together to help people sell homes short, meaning the bank agrees to allow a house to be sold for market value, even when that sum is less than what is owed to the bank.

Its a traditional sale, explained Eagan. Youre selling to a buyer. Its not a foreclosure. Its just the bank agrees to take less than you owe.

As they have at several previous workshops, the duo explained to those around the table how a short sale works and the role of the attorney and the Realtor in the sale. The bank agrees to accept the lower price, but it does want market value. Its a tight rope, said Eagan.

We want to upsell it to the buyer and downsell it to the bank, said Eagan. Kellys great at that.

Ms. Holmquist explained that the home will be appraised by the bank, which will set a target asking price. The house is then aggressively marketed like any other home. It must be listed on the MLS, for instance. And home sellers are encouraged to properly stage their homes so it sells quickly. When an offer is received, the bank has to approve the offer. In fact, said Ms. Holmquist, the only difference between a short sale and regular sale is the negotiations are done by the attorney with the bank and others owed money from the proceeds of the sale.

On the front side, everything appears to be a traditional sale, said Ms. Holmquist. Its on the back side that its different.

While past workshops have been attended by an array of people, many of them have been younger homeowners who can no longer afford their mortgages or who need to move for a better job, but cant sell their depreciated homes. This group was a different, said Ms. Holmquist and Mr. Eagan. One couple, for instance, was collecting information for their daughter who is going through a divorce. Another couple is trying without success to sell a home owned by the womans mother, now in her 80s in assisted living and with no income. A third woman, in her 70s, had taken multiple mortgages to pay medical expenses. Although shes never missed a mortgage payment, the failure of the real estate market and the devaluation of her savings now has created financial problems.

All sorts of people are facing foreclosure or are so far underwater that they may never recover, even though theyre making their payments, said Ms. Holmquist. Its not at all uncommon.

In fact, she said, about 29 percent of the homes being sold in Long Valley and Mount Olive are short sales. In the Chesters, that number is about 9 percent.

Working with an established team of an attorney and a Realtor to sell short offers a good way out for many people, said Ms. Holmquist. The improving real estate market improves their chances of selling short, but its still the best answer for some people.

Ms. Holmquist said people with questions about short sales or any other facet of buying or selling real estate can call her office at (908) 867-7109 or by sending her an email at kholmquist(at)comcast(dot)net.

Ms. Holmquist is the team leader for The Holmquist Team, part of Keller Williams Towne Square Realty, and one of the top-producing real estate teams in Morris County, N.J. She has been in real estate since 1997, specializing in residential home sales. After working at other agencies, she founded The Holmquist Team in 2008. A Certified Residential Specialist (CRS), she holds a bachelor of science from Penn State University. More information is at http://www.theholmquistteam.net or by calling (908) 867-7109.

Eagan heads an office that focuses on real estate and is one of New Jerseys fastest growing specialty law firms. The firm has successfully represented thousands of individuals and business clients across the state in residential and commercial real estate transactions. More information is available at (973) 898-7300 or http://www.martyeagan.com.

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Short Sale Process Complicated by Loan Selling

San Diego, CA (PRWEB) November 23, 2012

REMI released its opinions on news from North County Times that because banks like Bank of America and Citi are selling servicing rights for mortgages to smaller companies, short sellers in San Diego are having problems finishing their sales. REMI believes this is bad news for the market, as short sales could help pad the already-stretched inventory of homes for sale in Southern California and such roadblocks are slowing market growth in the area.

Short sales are deals in which borrowers who are underwater with their mortgages sell for less than what they owe, absolving themselves of the mortgage. A successful short sale requires the approval of the lender bank. In San Diego County, short sales now make up 29 percent or so of total home resales; this figure does not include numbers of transactions from San Diego vacation rentals.

According to Lily Leung’s article in the North County Times, The problem in San Diego is arising because larger banks, especially Bank of America, have been selling servicing rights for delinquent loans to smaller companies, who spokesman Richard Simon says specialize in that type of high-touch servicing. Since the start of the year, Bank of America has increased their sale of mortgage rights.

If a short seller is in the middle of a sale, and his or her loan is sold to a third party, it means that the seller must start the short-sale process from scratch with the new company. Usually the borrower is notified via mail that his or her loan will be sold in two weeks or so, and then can only wait until the change occurs. Meanwhile, the prospective buyers of the property can lose patience or the terms of the sale can expire; this can disrupt the sale completely, forcing the short seller (who may be delinquent on mortgage payments) back to square one. REMI is concerned that increased difficulty of short sales, which have become more popular in Southern California than foreclosures for distressed homes, may hurt the recovering sales market in Southern California by reducing the amount of homes available for buyers.

The fallout from these increased sales has included loss of cash incentives promised to sellers, which can mean a loss of almost $ 20,000 after a completed short sale. This can be catastrophic to a recent short seller, who may have been counting on that money for use on real estate broker marketing or other business endeavors. A San Diego realtor advises that prospective short sellers check with their mortgage servicer about their plans for service releases; banks are required to tell borrowers about impending servicing changes. This can help consumers plan accordingly; if they do go forward with a short sale they have an idea of the time frame allotted to close.

The Real Estate Marketing Insider issued a statement surrounding news from San Diego that large mortgage servicers like Bank of America, Citi and Chase are selling rights to delinquent mortgages in greater numbers, and this is causing problems for some distressed borrowers who are trying for short sales. Short sellers must obtain permission from their servicer to execute a short sale, and the change in servicer to a smaller firm means they must start the entire short-sale process over.

The Real Estate Marketing Insider is an online publication bringing news, marketing tips, and analysis to real estate professionals. REMI is based in La Jolla, CA.

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