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Archive for January 30, 2012

What Does Warren Buffet Think About Buying A Home?

lisasheppard | January 30, 2012
Warren Buffet is seen by many as the greatest investor of our time. When he speaks, people listen. Like anyone else in his position of influence, he is criticized by some for using his bullhorn to promote his own business agendas at times. That...

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Why Deals Die

lisasheppard | January 26, 2012
I have seen estimates stating that 29% of deals that go to contract and require a mortgage, don’t close. That number boggles my mind. It means that even after a buyer and seller come to terms on a sale (not an easy feat these days), 3 out of ...

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Another Bear Turns Bullish In Real Estate

lisasheppard | January 25, 2012
  Two weeks ago, we posted When the Prophet Says Buy – BUY! In that post, we explained that a major bear on housing, John R. Talbott, is now bullish on the real estate market. Last week, another bear turned bull. Chris Thornberg, a former ...

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Real Estate 2012-Many Positive Outlooks

lisasheppard | January 24, 2012
There is a growing belief among many experts that 2012 will be the year housing turns the corner and starts heading in a more positive direction. Whenever we write a post like this, we unleash the hordes of critics who say we are again wearing ...

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10 Surprising Reasons You Can’t Get A Home

lisasheppard | January 23, 2012
Getting a home signifies financial security and an investment for the future. Owning a home is part of the American Dream. There are some surprising reasons why you can’t get a home. Down Payment – You may have the required 10%-25% on the...

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California Homes Sales Rise in Dec 2011

lisasheppard | January 20, 2012
For release: January 17, 2012 California home sales rise in December, posting 11-month sales high, C.A.R. reports LOS ANGELES (Jan. 17) – California home sales rose for the third consecutive month in December, marking the highest level sinc...

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Where Are House Prices Headed in 2012?

lisasheppard | January 18, 2012
There is no shortage of opinions as to where home prices are headed in 2012. From Clear Capital’s expectation that prices will show a ‘slight uptick’ this year to Fitch’s projection that prices ‘will fall another 13 percent’, there ...

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The Power of Assumability

lisasheppard | January 12, 2012
  One of the rarely touted advantages of people taking FHA mortgages today is the fact that they are assumable. What that means is, when the FHA homebuyer of today is looking to sell his home, a qualified purchaser can “take over” their l...

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People Are Buying Homes AND GETTING MORTGAGES!

lisasheppard | January 11, 2012
  Many believe that very few houses are selling and that almost no one can get a mortgage. We want to let everyone know that neither of these assumptions is true. Recently, the National Association of Realtors (NAR) released their Existing Ho...

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In Real Estate, Keeping Current Matters!

lisasheppard | January 10, 2012
There is too much misinformation being spread about today’s real estate market. Studies are being misinterpreted. Prominent names are being used to foster a point even if their quote is from years ago. As an example, we want to look at a sto...

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