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240 First Avenue West

Kalispell, MT 59901

(406) 890-2117

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Seller “turn-off’s” regarding Buyers

Seller “turn-off’s” regarding Buyers

In today’s market, BUYERS need to be aware of seller turn-offs that may keep them from getting the home, best price & terms, and to circumvent complicated dealings. 1. Trash-talking.  Some view one way to negotiate the list price down is by slamming the house. This strategy never works and causes the seller to be defensive.  Sellers […]

New Rules: 1st Time Home Buyers

New Rules: 1st Time Home Buyers

Until recently, first-time buyers comprised 40% of home sales; now down to 29% and falling. The leading causes:  fees on most new mortgages rising, new proposals from the Obama administration causing mortgages to be more costly and limiting size, and lenders requiring larger down payments. Plus, lenders are making it harder and more expensive to […]

Short Sale Myth #7…..

Short Sale Myth #7…..

Any agent can list a short sale Not just any agent can do a short sale. Agents that do not understand how to complete a short sale may cause harm to the seller. The fact of the matter is that most agents do not have a system or plan in place to list a short […]

Short Sale Myth #6…..

Short Sale Myth #6…..

A black cloud will be hovering over our house                                                            There is nothing different in how a homeowner should prepare to sell their home as they would any other time. Short Sales are so common place in today’s market that the stigma has been reduced. Short Sales happen to people with good jobs making good money. It simply […]

Short Sale Myth #5…..

Short Sale Myth #5…..

You cannot do a short sale with 2 mortgages  When the short sale process started many people could not short sale because they had a second mortgage. After the first wave of foreclosures lien holders in second position realized that if they did not participate in the short sale they would receive $0! Now instead […]

Short Sale Myth #4…..

Short Sale Myth #4…..

Banks will not pay commission to the Real Estate Broker &/or the costs of listing a property with an agent will be passed on to me The real estate agent’s professional fee is taken out of the banks proceeds at close of escrow. Banks will dictate how much the agent(s) will receive and will not pass the costs of listing the […]

Short Sale Myth #3…..

Short Sale Myth #3…..

 Pricing the home very low will get an offer quickly! But at what cost to the seller and the buyer? Banks do their homework and though you can get a great price on a short sale they will not just give the home away. Most buyers are still of the mindset that they should not pay […]

Short Sale Myth #2…..

Short Sale Myth #2…..

Never accept a payment plan from the bank  – Let’s say you owe $250,000 on your home, you bought it for $278,000 and it is now worth $150,000.  A $100,000 difference in what you owe the bank and what the home is worth. A buyer contracts on your home for $150,000 and the bank agrees […]