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...as your Real Estate Professional, I analyze current market values and use proven techniques to get the results you need. Latest NewsForeclosure Filings Hit 4 Year LowThis information was providing from my favorite lender, Gina Starr with Rock Rock Mortgage and Lending. I thought my readers would enjoy the statistics. The housing recovery is on it's way back. "RealtyTrac said in a report on Thursday, that the number of U.S. homes that received a foreclosure filing, fell to a four-year low in 2011, as a slowdown in processing hit the market. Foreclosure filings, which include default notices, scheduled auctions and bank repossessions, slid by 34 percent in 2011, the lowest level since 2007. 2007 was when the housing market was starting to crumble. RealtyTrac said there were filings on 1,887,777 homes last year. Bank seizures of homes fell to 804,423 from 1,050,500 in 2010, also marking the lowest level in four years. "A big part that is inflating the size of the decrease is a continuing extended foreclosure process," said Daren Blomquist, director of marketing communications at RealtyTrac. Nevada ranked as the state with highest foreclosure rate for the fifth year in a row, with one in 16 Nevada homes receiving at least one foreclosure filing in 2011. Even so, Nevada saw a 31 percent decrease in foreclosure activity for the year. The length of time for foreclosure processing continued to increase in the final quarter of the year. Homes took on average 348 days to move through the process, up from 336 days in the third quarter and 305 days in the fourth quarter of 2010. Foreclosures took the longest in New York state, where homes foreclosed in the fourth quarter took an average 1,019 days to complete the process. RealtyTrac also released foreclosure activity for December, which fell to a 49-month low of 205,024 homes, down nearly 9 percent from November. But bank repossessions rose 10 percent to 61,774". Author : Deborah Allison Negotiate Your Best House Buy with a Realtor of your Choice Negotiate Your Best House Buy Article From BuyAndSell.HouseLogic.com By: G. M. Filisko Published: June 04, 2010... and still applies today Keep your emotions in check and your eyes on the goal, and you'll pay less when purchasing a home. Buying a home can be emotional, but negotiating the price shouldn't be. The key to saving money when purchasing a home is sticking to a plan during the turbulence of high-stakes negotiations. A real estate agent who represents you can guide you and offer you advice, but you are the one who must make the final decision during each round of offers and counter offers. Here are six tips for negotiating the best price on a home 1. Get prequalified for a mortgage Getting prequalified for a mortgage proves to sellers that you're serious about buying and capable of affording their home. That will push you to the head of the pack when sellers choose among offers; they'll go with buyers who are a sure financial bet, not those whose financing could flop. 2. Ask questions Ask your agent for information to help you understand the sellers' financial position and motivation. Are they facing foreclosure or a short sale? Have they already purchased a home or relocated, which may make them eager to accept a lower price to avoid paying two mortgages? Has the home been on the market for a long time, or was it just listed? Have there been other offers? If so, why did they fall through? The more signs that sellers are eager to sell, the lower your offer can reasonably go. 3. Work back from a final price to determine your initial offer Know in advance the most you're willing to pay, and with your agent work back from that number to determine your initial offer, which can set the tone for the entire negotiation. A too-low bid may offend sellers emotionally invested in the sales price; a too-high bid may lead you to spend more than necessary to close the sale. Work with your agent to evaluate the sellers' motivation and comparable home sales to arrive at an initial offer that engages the sellers yet keeps money in your wallet. 4. Avoid contingencies Sellers favor offers that leave little to chance. Keep your bid free of complicated contingencies, such as making the purchase conditional on the sale of your current home. Do keep contingencies for mortgage approval, home inspection, and environmental checks typical in your area, like radon. 5. Remain unemotional Buying a home is a business transaction, and treating it that way helps you save money. Consider any movement by the sellers, however slight, a sign of interest, and keep negotiating. Each time you make a concession, ask for one in return. If the sellers ask you to boost your price, ask them to contribute to closing costs or pay for a home warranty. If sellers won't budge, make it clear you're willing to walk away; they may get nervous and accept your offer. 6. Don't let competition change your plan Great homes and those competitively priced can draw multiple offers in any market. Don't let competition propel you to go beyond your predetermined price or agree to concessions-such as waiving an inspection-that aren't in your best interest. More from HouseLogic Determine how much mortgage you can afford (http://buyandsell.houselogic.com/articles/4-tips-determine-how-much-mortgage-you-can-afford/) Keep your home purchase on track (http://buyandsell.houselogic.com/articles/keep-your-home-purchase-track/) Plan for a stress-free home closing (http://buyandsell.houselogic.com/articles/7-steps-stress-free-home-closing/) Other web resources Develop a homebuying strategy (http://www.nolo.com/legal-encyclopedia/article-29746.html) G.M. Filisko is an attorney and award-winning writer who has to remind herself to remain unemotional during negotiations. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics. Author : Deborah Allison Low Rates to Remain Through Mid-2013 The Federal Open Market Committee yesterday voted to keep the target range for the federal funds rate at zero to 1/4 percent. The FOMC expects to maintain the ultra-low rates at least through mid-2013. That's good news to buyers searching for home mortgages on home for sale! Author : Deborah Allison Increased Web Site Traffic Qualifications and Experience
Notary Public (Oklahoma, Cleveland, Grady, Garvin and Pottawatomie Counties)What is a Notary?A Notary Public is a bonded individual serving the public as an impartial witness in performing a variety of official fraud-deterrent acts related to the signing of important documents. These official acts are called notarizations or notarial acts. The duty of a Notary is to witness particularly sensitive instruments such as property deeds, wills and powers of attorney, for the signers true identity, their willingness to sign without duress or intimidation, and their awareness of the general import of the document. Notaries are duty-bound not to act in situations where they have a personal interest. Today’s business transactions between complete strangers are common rather than the exception. A notary's trust and impartiality are critical when witnessing signatures on documents verifying they are authentic. Deborah is available to offer notary services in Oklahoma, Cleveland, Grady, Garvin and Pottawatomie Counties by appointment. Notary services require two forms of identifications. Contact Deborah today. I am ready and able to be of service to YOU! Remember, there are many homes and properties which are available but may not be officially listed yet. Let me know your needs and together we will locate the perfect home, land or commercial property for your needs. Call me today!
REAL ESTATE, LLC By Appointment 23261 280th Street Sales: 405-249-2810
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