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Where To Get a Mortgage When Rejected

Where To Get a Mortgage When Rejected | Real Estate Articles Worth Reading | Scoop.it

Getting a mortgage today than it used to be ten years ago. Lenders are much more vigilant on lending to those who are the best candidates for a mortgage. Does this mean that it is impossible to get a loan? No of course not! It is however possible to get rejected for a mortgage when you really shouldn't be.

























Bill Gassett's insight:

Getting a mortgage today is far more difficult than in years past and with good reason. When the real estate markets melted down 7-10 years ago their were a lot of lenders left holding the bag with borrowers who defaulted on their loans. The banks lots millions of dollars.


Much of this problem was created by lenders themselves by giving money to buyers who had no business having it. All of that has changed with more lenders having different lending standards.


It is however possible that you have the ability to take on a mortgage but for whatever reason the lender decides they don't want you as part of their lending portfolio.


So what do you do when a lender rejects your mortgage application? Is the ball game over? Are you left with continuing to rent instead of buying? The answer is NO! There are other means of securing financing.


In the article you will see a detailed explanation of how you can get a mortgage when your preferred lender says no.


You will also see some excellent resources from other top real estate and mortgage experts including @Inlanta Mortgage - Madison

@Inlanta Mortgage - Madisonand @Anita Clark


Take a look and if you find the article helpful please consider scooping it to your audience!

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Inlanta Mortgage - Madison's curator insight, October 22, 2015 1:11 PM

If you're wondering what to do next after you have been turned down for a mortgage, this article by @Bill Gassett will give you a ton of insight into your options!

http://www.nuwireinvestor.com/opportunities/where-to-get-a-loan-when-a-mortgage-lender-says-63113.aspx

Portugal Real Estate Homes's curator insight, November 4, 2015 2:32 PM

Read on

Bill Gassett's comment, November 4, 2015 4:34 PM
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Real Estate Articles Worth Reading
Scoop.it for Real Estate. See real estate articles worth reading about buying and selling a home from many sources from around the internet including the http://www.maxrealestateexposure.com blog.
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Downsides of Selling By Owner in The Summer

Downsides of Selling By Owner in The Summer | Real Estate Articles Worth Reading | Scoop.it
Do you know the drawbacks of for sale by owner in the summer? Selling as a FSBO are never easy but in the summer months it can be even more of a challenge!
Bill Gassett's insight:

Selling a home without the services of a real estate agent is never easy. Trying to do it on your own in the summertime can be even worse. What many homeowners don't realize is the time and effort that goes into selling a home.

 

So many people think that putting a for sale sign in the lawn will attract the buyer. In fact it will be easy peazy as the first couple buyers in the door will more than likely submit offers.

 

If selling as a for sale by owner in the summer was this easy lots more people would be jumping on the bandwagon. Selling as a FSBO unfortunately is far more difficult!

 

There is a reason why real estate agents get paid so handsomely. It is also the why Realtors have not gone the way of travel agents.

 

Until you actually try to sell your home as a for sale by owner, you will never truly appreciate how difficult it really is.

 

One of the most common things people don't realize is the time suck involved. With a FSBO you need to be available at all hours for the buyers schedule, NOT yours. You need to plan on being around at times that can be most inconvenient. If you have little kids you'll quickly understand exactly what I am talking about.

 

Planning a vacation this summer? Forget about it unless you can stand the thought of putting your home sale on hold as well!

 

In the article at Maximum Real Estate Exposure you will see all of the drawbacks of selling on your own laid out in detail.

 

You can then decide if selling as a for sale by owner is really worth it to you. Be sure to check out all of the home selling tips for the summer if this is the route you decide to take.

 

 

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To Let's curator insight, March 15, 8:37 AM

Working with T0-LET DIGITAL  AGENCY is a win-win partnership because we handle the headaches.We have an aggressive marketing program that has expertise in selecting and managing attractive risk adjusted real estate solutions, done by a team that is passionate on innovation and entrepreneurial spirit and thrive on better superior service and excellence over and beyond expectations.Our simple yet dynamic property search platforms make it easy for home hunters to access your property not forgetting the fact that the website is linked to our social media pages thus creating a wide range of people viewing your property.Visit www.toletdigital.com and list your property because we sell solutions not promises and with you we make up a team-a team work from a team that works.

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Coming Soon Real Estate Marketing Benefits Real Estate Agents

Coming Soon Real Estate Marketing Benefits Real Estate Agents | Real Estate Articles Worth Reading | Scoop.it
Do you know the pros and cons of coming soon real estate marketing? It's possible your real estate agent may convince you that marketing as a coming soon listing is a good thing. Be sure to understand it may not be. Zillow also has a coming soon listing feature that is explained in detail.
Bill Gassett's insight:

Most people who are going to be selling their home want to net the most money they can from the sale. It is very rare to find a seller who doesn't want to maximize their profit.

 

In real estate there are a lot of real estate gimmicks that prey on naive home sellers. Fast talking real estate agents are quite often able to talk people into anything if they don't give it serious thought.

 

One such marketing tactic is none as coming soon real estate marketing or pocket real estate listings. Most of the time the only winner in this type of marketing is the real estate agent, who stands a significant chance of selling the property themselves.

 

How does this benefit the seller? Frankly, it doesn't! The whole premise of listing your home with a Realtor and putting it into the multiple listing system is to get exceptional exposure.

 

You want a feeding frenzy when selling your home. You want as many people looking at it as humanly possible. This is one of the beauties or MLS. It opens up a property to the world.

 

When trying to sell your home for the most money this is exactly what you need.

 

By marketing as a coming soon or pocket listing you give up the opportunity for massive exposure. You are essentially handcuffing your ability to get maximum profits from your home.

 

In the latest article at Maximum Real Estate Exposure, you will see a comprehensive explanation on why you might not want to market this way.

 

There can be a few pros to selling this way but they are more about privacy than anything else.

 

Take a look at the article and if you enjoy it, give it a scoop or share on your social channels.

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Paula-Damico-Auger's curator insight, April 25, 11:44 AM

By marketing your home as COMING SOON, you give up the opportunity for massive exposure through the power of the internet and the MLS.. You are essentially ruining your ability to get maximum profits from your home.  Need marketing advice, #DamicoNHouston, #DamicoProperties

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Open Houses Increase Your Odds of Getting Burglarized

Open Houses Increase Your Odds of Getting Burglarized | Real Estate Articles Worth Reading | Scoop.it
Hold an open house to increase your odds of getting burglarized. See how holding open houses can be a mistake and why they aren't necessary to sell a home. Open houses benefit real estate agents far more than they do homeowners. Real buyers always schedule showings for homes they are interested in viewing.
Bill Gassett's insight:

For as long as I can remember open houses have been a part of significant percentage of real estate agents marketing plans. Before the internet came to be holding an open house was a worthwhile exercise to give a sellers home additional exposure.

 

With the advent of the internet that all changed. Buyers are able to freely look at homes online in the comfort of their own house.

 

When they want to see a home they can easily reach a real estate agent to schedule an appointment. This is what all serious buyers do!

 

Open houses are no longer necessary and put a sellers home at risk of theft. Many real estate agents unfortunately do not educate their clients of this fact.

 

Open houses bring anyone through the door whether they are in the market to purchase a home or not. There is no point in a seller having people who are not qualified to purchase or belong in the home.

 

So why do real estate agents hold open houses? A pretty easy question to answer. They are great activities for an agent to prospect for business whether it is another seller in the neighborhood thinking of selling or a buyer who can't afford the open house but are a buyer none the less.

 

If you are selling a $400,000 home and the person walking through the door can only spend $300,000 it is pointless. They won't be buying the home.

 

For a real estate agent, however, this is a person who can buy a $300,000 home elsewhere!

 

For this reason real estate agents love to push open houses. The problem for the seller is they are magnets for crime. Lots of theft occurs in open houses every year.

 

If you are selling a home you don't need an open house. What you do need is an exceptional agent who will price your home correctly and market it well online.

 

Take a look at the article referenced above. It will be an eye opener on open houses.

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Paula-Damico-Auger's curator insight, May 16, 9:36 PM

For as long as I can remember open houses have been a part of significant percentage of real estate agents marketing plans. Before the internet came to be holding an open house was a worthwhile exercise to give a sellers home additional exposure.

 

With the advent of the internet that all changed. Buyers are able to freely look at homes online in the comfort of their own house.

 

When they want to see a home they can easily reach a real estate agent to schedule an appointment. This is what all serious buyers do!

 

Open houses are no longer necessary and put a sellers home at risk of theft. Many real estate agents unfortunately do not educate their clients of this fact.

 

Open houses bring anyone through the door whether they are in the market to purchase a home or not. There is no point in a seller having people who are not qualified to purchase or belong in the home.

 

So why do real estate agents hold open houses? A pretty easy question to answer. They are great activities for an agent to prospect for business whether it is another seller in the neighborhood thinking of selling or a buyer who can't afford the open house but are a buyer none the less.

 

If you are selling a $400,000 home and the person walking through the door can only spend $300,000 it is pointless. They won't be buying the home.

 

For a real estate agent, however, this is a person who can buy a $300,000 home elsewhere!

 

For this reason real estate agents love to push open houses. The problem for the seller is they are magnets for crime. Lots of theft occurs in open houses every year.

 

If you are selling a home you don't need an open house. What you do need is an exceptional agent who will price your home correctly and market it well online.

 

Take a look at the article referenced above. It will be an eye opener on open houses.

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Should I Sell or Rent My Home

Should I Sell or Rent My Home | Real Estate Articles Worth Reading | Scoop.it
Should I rent or sell my house is a question a lot of homeowners will ask themselves. See all of the considerations for deciding whether renting or selling your home makes the most sense for your circumstances.
Bill Gassett's insight:

One of the questions that many homeowners ask themselves is whether they should rent or sell their home. For some this is a very difficult question to answer.

 

One the one hand with selling you are moving on completely from the home that you probably love. On the other hand you can rent and keep the house but have to deal with all the headaches being a landlord may bring.

 

Is selling or renting the house the best option? When trying to decide between these two options there are a number of considerations.

 

In my latest article at Maximum Real Estate Exposure, I take an in-depth look at the pros and cons of both selling and renting.

 

Each scenario has their pluses and minuses. If you have ever wanted to be an investor/landlord starting with your own home is probably your best option.

 

When trying to pick between renting and selling one of the better methods is to look at what the current local real estate is doing.

 

Are real estate values on the rise? If this is the case and you don't need the cash out of a sale, renting may not be a bad option.

 

 

Take a look at the article and if you enjoy it, give it a share socially or Scoop it.

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Bill Gassett's comment, January 14, 8:38 AM
Thanks for the Scoop Karen!
Larry Matthews's curator insight, January 14, 10:34 AM
Should I Sell or Rent My Home
Bill Gassett's comment, January 15, 7:14 AM
Thanks for the Scoop Larry!
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Ways Realtors Deceive Home Sellers

Ways Realtors Deceive Home Sellers | Real Estate Articles Worth Reading | Scoop.it
See 5 ways real estate agents deceive their seller clients. Dual agency, open houses, and incorrect pricing are often where you'll be tricked.
Bill Gassett's insight:

Like many industries there are good eggs and bad eggs. Some real estate agents love nothing better than giving their clients the best representation possible.

 

Sadly, there are also real estate agents who do nothing but think about how much commission they can take out of the sale. These are the kind of agents you want to avoid at all costs.

 

In the article at Maximum Real Estate Exposure your going to see 5 ways real estate agents fool their seller clients.

 

One of the most common ways is with dual agency. Dual agency is terrible for a seller. When you hire a real estate agent you want them to be representing your best interests throughout the sale, including trying to get you the best price for your home.

 

When you agree to dual agency YOUR Realtor becomes a neutral party. The agent you hired no longer represents you.  Some agents, however, love dual agency so they will explain it to you in a way that doesn't make it sound all that bad.

 

Don't believe it! Dual agency only benefits one party - the real estate agent! Double commission are wonderful for an agent.

 

Another way sellers get deceived is by agent who promote open houses without explaining the risks. Frankly, open houses are not necessary to sell a home and put the clients home at risk.

 

With an open house you let anyone in the door with a pulse. Open houses have become a magnet for crime. Don't let a real estate agent convince you they are necessary. Real buyers schedule showings which are vetted by the agent.

 

Take a look at the other ways real estate agents trick sellers in the latest article at Maximum Real Estate Exposure. If you enjoy the post, give it a share or scoop.

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Mortgage Advice For First Time Buyers

Mortgage Advice For First Time Buyers | Real Estate Articles Worth Reading | Scoop.it
See the best mortgage tips for first time home buyers. Use these first time home buying tips to make smart decisions when purchasing your first home.
Bill Gassett's insight:

Buying a home for the first time can be exciting and nerve racking all at the same time. There is a huge learning curve when buying a home which makes it very easy to make mistakes.

 

In fact, without having a mortgage professional and a solid real estate agent in your corner the likelihood of making a financial mistake is high.

 

Of course nobody want to make a financial mistake! This is why you will see some great advice published online. The latest article at Maximum Real Estate Exposure is no exception.

 

Take a look as Luke Skar has share twelve mortgage tips for first time home buyers. You will see timely guidance on what you should and shouldn't do when buying a home for the first time.

 

Many of the tips focus in on the financial aspect of buying a home. When you follow these first time buyer tips you will be in a much better position to have a smooth purchase.

 

You will find many mortgage tips for first time buyers that you might never have considered. Luke has been in the mortgage business for quite a while so he knows a thing or two about providing solid guidance.

 

If you enjoy these first time home buyer tips, please consider sharing to your social media accounts or on Scoop.it.

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Tips For Buying a House For Retirement

Tips For Buying a House For Retirement | Real Estate Articles Worth Reading | Scoop.it
Take a look at the tips for buying a home for retirement so you make sound decisions. Advice for purchasing a retirement home is key for financial success.
Bill Gassett's insight:

As we approach retirement age there are lots of things to consider from a financial standpoint. Should we continue to live in the same home or purchase something smaller. Does buying a home that has all the living area on one floor make sense? Should I purchase a condo instead of a home? What about buying a second home does that make sense for me?

 

These are are the kinds of things retirees think about. The right answer can vary from person to person. In my latest article at Maximum Real Estate Exposure, I provide some guidance on what to think about as you approach retirement.

 

See the best tips for buying a retirement home. Use the advice to make sound decisions - ones that you won't regret later!

 

You will see lots of tips and advice centering on your living situation. Some of the items people never think about and end up making mistakes because of the lack of thought.

 

Take a look and if you enjoy the article give it a share on your social channels.

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Tom Horn-Real Estate Appraiser's curator insight, October 17, 2017 9:16 AM
Buying a home for retirement is different than other stages of life. Real estate agent Bill Gassett answers common questions buyers have for this type of home.
 
Paula-Damico-Auger's curator insight, October 17, 2017 12:36 PM

Make sure you and your partner agree on what type of home you want and in what location.  

Bill Gassett's comment, October 17, 2017 7:58 PM
Thanks for the Scoop Tom!
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Myths About Appraisals Sellers Believe

Myths About Appraisals Sellers Believe | Real Estate Articles Worth Reading | Scoop.it
Do you know the appraisal myths too many sellers believe? Separate fact from fiction with the appraisal truths for buyers and sellers.
Bill Gassett's insight:

Having been in the real estate business for nearly thirty years, I see people making mistakes all the time. One of the more common mistakes that both buyers and sellers make is not understand different types of real estate values.

 

Quite often people use different terms and interchange them like they have the same meaning. Unfortunately, they do not.

 

I like to call these appraisal myths. For example, so many sellers think that assessed value, market value, appraised value and even a Zillow value are the same thing.

 

This could not be further from the truth. In fact these values are quite often VERY different from one another.

 

The assessed value of course is what the city of town uses as a basis for collecting taxes.

 

The market value is generally considered what a buyer and seller agree is a fair price - a meeting of the minds so to speak.

 

An appraised value is done by a professional appraiser who uses a certain method of calculating value either by using comparable sales approach or income approach (valuation methods).

 

A Zillow value is an algorithm that guesses at home value and is often considered one big joke by the the real estate industry.

 

Using these real estate terms interchangeably is just one real estate appraisal myth. In the article at Maximum Real Estate Exposure you will see five other examples of common appraisal myths.

 

Take a look at the article and if you enjoy the appraisal tips give it a Scoop or share it on your social media channels.

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Why Do Sellers Fire Their Real Estate Agent

Why Do Sellers Fire Their Real Estate Agent | Real Estate Articles Worth Reading | Scoop.it
Do you know the top reasons sellers fire a real estate agent? If you're considering firing your agent, these are all valid reason for possibly doing so.
Bill Gassett's insight:

Like any other business you should be striving to hire the best person to represent your interests. If you are selling a home it becomes vital to choose an agent who will do what it takes to get the job done.

 

Unfortunately, lots of people make very poor choices when picking a real estate agent. It is actually not all that hard to do. Quality real estate agents are in fact out numbered by less skilled agents.

 

Why is this you might be thinking? The answer is simple. The barriers to getting into the real estate industry are far too low. This creates an environment where people who don't belong in the business are holding a license.

 

What this creates is a lot of disappointment, especially among those who have hired an agent to sell their home.

 

In my latest article at Maximum Real Estate Exposure, I cover the reasons why sellers will fire their real estate agent. Quite often a sellers disappointment starts as a minor problem and then blossoms into something bigger as the mistakes pile up.

 

Sellers always want their agent to communicate well and for whatever reason lots of agents lack this skill. The number one reason an agent gets fired will in fact be a lack of communication.

 

Most people understand that pricing a home correctly also is the #1 reason why a home will not sell.

 

If more agents paid attention to pricing their clients homes correctly there would be far less anguish.

 

Take a look and see all the rest of the reasons why a seller will want to fire their real estate agent. If you are new to the business this will be a great read.

 

If you enjoy the article, give it a share or scoop.

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Writing a Killer Real Estate Blog Post

Writing a Killer Real Estate Blog Post | Real Estate Articles Worth Reading | Scoop.it
Real estate agent Bill Gassett is sharing his best tips on how to improve your real estate blog and write the perfect blog post.
Bill Gassett's insight:

Writing real estate blog articles is something that has become more and more popular among Realtors as well as just about every other business.

 

As you can imagine there is a lot of competition to win business. In order to do so, your real estate blog must stand out from a crowd.

 

Unfortunately, many bloggers don't focus on quality and instead just pump out as many articles as they can. This is a big mistake and one that will probably not get you very far.

 

In order to win at blogging you need to have exceptional content that people really want to sink their teeth into.

 

Far too much content you see is just the same thing that has been regurgitated over and over again.

 

In my article at Contactually, I explain some of the things real estate agents should be doing. For example, I mention community pages as a must have for your blog.

 

This is the type of real estate content that converts into actual business.

 

Take a look at the article and if you enjoy the blogging tips, give it a scoop or share socially.

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Real Estate Terms You Need to Know

Real Estate Terms You Need to Know | Real Estate Articles Worth Reading | Scoop.it
What are the real estate terms buyers and sellers should know? See a comprehensive list of must know terms when buying or selling a home.
Bill Gassett's insight:

In real estate there are terms that get thrown around by real estate agents all the time. In many instances agents just assume that buyers and sellers know what they mean.

 

Quite often they have no idea what these real estate terms mean. In some instances real estate jargon can even be confusing to real estate agents.

 

The perfect example is the real estate term "dual agency". I cannot tell you the number of times real estate agents are confused as to what they can and cannot do when they become a dual agent working for both the buyer and seller.

 

The real estate term "Zillow estimate" has become quite popular over the years as it is Zillows online estimator tool. Too bad it is almost always inaccurate.  None the less people recognize this real estate terms.

 

In my latest article at Maximum Real Estate Exposure, I cover all of the important real estate terms buyers and sellers should have a strong grasp of when in a real estate transaction.

 

Unfortunately, in many circumstances they do not which can lead to problems.

 

You will see fifteen or so terms that are really vital to understand. They can all of some kind of influence on your real estate transaction before, during and after a sale.

 

Take a look at the article on key real estate terms and if you enjoy it, give it a scoop or share socially.

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What is an Escalation Clause

What is an Escalation Clause | Real Estate Articles Worth Reading | Scoop.it
What is an escalation clause and how do they work? Real Estate offers are seeing more escalation clauses due to a strong sellers market.
Bill Gassett's insight:

With real estate markets across the country having turned significantly in sellers favor, buyers are often locked out of the home they want to purchase.

 

Multiple offers and bidding wars have become the rule and not the exception in many places around the country.

 

Quite often buyers are up against numerous other buyers who want the same home that they do. Frustration mounts when buyers continuously make offers on homes only to lose out to someone else.

 

One great way to increase your odds of success as a buyer is to use an escalation clause in your offer. An escalation clause allows a buyer to increase their offer to a set amount over the next highest bidder.

 

By having an escalation clause you dramatically increase the chances of being able to land the home you want.

 

There is, however, a lot to know about how an escalation clause works. It is important to understand they are a legal part of a contract and you must honor the clause.

 

In my latest article at Maximum Real Estate Exposure, I go over in-depth everything you need to know about how to make an escalation clause work for you in an offer.

 

Understanding the "cap price" and the "escalator" are important components to an escalation clause.

 

If you are a real estate agent reading this it is also important for you to understand how the escalator clause works. Whether you are using one for a buyer or advising the seller - you must understand this concept.

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Real Estate Open Houses Bring False Hope

Real Estate Open Houses Bring False Hope | Real Estate Articles Worth Reading | Scoop.it

The False Hope of an Open House. Don't be suckered into believing that an open house is necessary to sell your home. It is not!

Bill Gassett's insight:

I am sure you have seen the open house signs around your neighborhood for as long as you can remember. Years ago open houses were effective. That was until the internet came along and allowed everyone to search for homes from the privacy of their living room.

 

Today an open house is nothing more than a real estate agents opportunity to prospect for new business.

 

Shaking hands with potential home sellers down the street or even a buyer who can only afford a home for $100,000 less than the asking price are what real estate agents do these days.

 

Rarely ever does an open house become the "reason" why a home sells. Serious buyers schedule showings with their Realtor. Kind of a simple thought process right?

 

Yet so many real estate agents promote open houses as a regular part of their marketing. Unfortunately, some Realtors don't know any other way of getting potential business.

 

There is also a significant portion of agents who don't have the backbone to tell a seller than an open house is completely unnecessary to sell their home. They fear if they say no someone else will do it.

 

Great real estate agents think differently - the educate their clients on what is important. In his article over at Planet Info Wars, Kevin Vitali does a great job explaining the open house conundrum.

 

What real estate agents do when they promote open houses is create a false sense of hope for home sellers. Quite often the agents manning an open house every weekend are saddled with an overpriced property and terrible marketing.

 

The next time a real estate agent suggests you need to do an open house - think twice about opening your home up to strangers!

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Do Open Houses Sell Homes?

Do Open Houses Sell Homes? | Real Estate Articles Worth Reading | Scoop.it
Do open houses work to sell a home? Are open houses necessary for a home seller? For years the public has been fooled into believing that open houses are an important part of real estate marketing. In the digital age open houses are worthless. Open houses benefit one party - the real estate agent.
Bill Gassett's insight:

One of the biggest misconceptions in real estate sales is that open houses are necessary to sell a home. Unfortunately, they are played up heavily by real estate agents who fool the general public into believing they are worthwhile.

 

Here is the truth: open houses benefit real estate agents NOT homeowners!

 

They are one of the best ways a real estate agent can meet people and potentially secure future business.

 

A real buyer on the other hand will always schedule a showing with an agent when they are serious about viewing a home.

 

What many sellers don't realize is that open houses can be a magnet for crime. They are the perfect way for people to steal the sellers belongings. It happens all the time.

 

Of course, lots of unprofessional agents never make their clients aware that this happens.

 

So when a client asks me if an open house works my answer is always the same - they can work great for a real estate agent. For a seller not so much.

 

The same serious buyers who come to the open house would have scheduled a showing. So instead of just having a vetted home buyer coming through their property they have anybody that feels like it.

 

Most real estate agents don't explain this and some sellers never give it a second thought. Why would they? They see a bunch of cars and front of a home and think to themselves this must be worth it.

 

Do yourself a favor and visit the link above that talks about why open houses don't work.

 

If you enjoy the article, give it a share.

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Real Estate Auctions: What You Need to Know

Real Estate Auctions: What You Need to Know | Real Estate Articles Worth Reading | Scoop.it
See what you need to know when buying a home at a real estate auction. Learn the difference between a live auction and an online auction. See all of the pitfalls you could run into purchasing a home at an auction.
Bill Gassett's insight:

Buying a home at a real estate auction can be an exciting proposition if you play your cards right. While most people think that every home sold at an auction is a "steal" that is definitely not the case.

 

In fact, you can get burned real badly by purchasing a home at auction if you don't know what you are doing!

 

In the latest article at Maximum Real Estate Exposure, you'll learn some of the major pitfalls of buying at auction including purchasing a property that not only has structural defects but scars on the title as well.

 

Of course these are the kinds of problems you want to avoid. In the article on buying a home at auction you will see exactly what you need to research.

 

Having a real estate attorney in your corner is always a good idea when purchasing a home at auction.

 

By following some simple guidelines you could end up with a property that turns into a real money maker. Just as easily you could find yourself stuck with a lemon.

 

Take a look and see all the pros and cons of buying real estate at auction. If you enjoy the article, give it a scoop or share it socially.

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To Let's curator insight, March 7, 7:18 AM

tag.lessons learned.

as a property listing and managing company offering an international market index for property owners and buyers we will sure give it read at tolet digital agency. visit our web page for your property listing and managing services.www.tolet digital.com

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Should I Have My Home Inspected Prior to Selling

Should I Have My Home Inspected Prior to Selling | Real Estate Articles Worth Reading | Scoop.it
See all the pros and cons of a pre-listing home inspection. Getting a home inspection done prior to putting your home on the market can be a smart thing to do. There aren't many downsides for a seller finding out any issues with their home prior to sale.
Bill Gassett's insight:

One of the questions many homeowners will ask their real estate agent is whether they should have a home inspection prior to putting it on the market.

 

Many home buyers of course are going to get a home inspection. Home sellers on the other hand rarely ever do it. This can be a big mistake!

 

If more sellers did a pre-listing home inspection there would be fewer sales that fell apart. The home inspection quite often is a point in the transaction where a buyer will back out.

 

Problems are often identified by their inspector that causes them to be fearful of continuing the purchase. There are many benefits for a seller getting a home inspection. In the latest article at Maximum Real Estate Exposure, you'll learn all the reasons why getting a home inspection prior to placing a property on the market makes so much sense.

 

A seller conducting a home inspection takes away many of the fears a buyer will have about the home they are buying. Not only that it gives sellers a piece of mind as well.

 

Some people will ask if there are any big downsides to a seller getting a home inspection done. There are very few drawbacks. Really the only downside pertains to disclosure of issues found.

 

If you live in a state where disclosure of issues is mandatory and you can't afford to fix the problems then you might of opened a can of warms.

 

My viewpoint is the same - the buyer's inspector would have found the problems anyway.

 

Take a look at the article and see all the pros and cons of getting the inspection before listing for sale. If you enjoy the advice, give the article a share socially or Scoop it!

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Bill Gassett's comment, March 13, 8:36 PM
Thanks for the scoop!
To Let's comment, March 14, 8:26 AM
your welcomed sir good articles
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Buying a Home Before Getting Married

Buying a Home Before Getting Married | Real Estate Articles Worth Reading | Scoop.it
See what you need to know about buying a house before marriage. Helpful information on finances, joint bank accounts, expenses, taking title and more.
Bill Gassett's insight:

Buying a home can be a very exciting time in ones life. The American dream of home ownership remains alive and well for many couples.

 

Purchasing a home, however can go from an emotional high to a big mistake very quickly. One of the circumstances where this could be the case if you are not careful is buying a home before your are married. Without question there is a lot to consider when buying a home before you tie the knot.

 

Some people in fact find out the hard way. Couples have a lot to discuss before they rush to purchase a home together. Those that don't often find themselves in a place they don't desire.

 

It is critical that both parties are on the same page when buying a home together. Finances should be discussed and agreed upon in advance.

 

In the latest article at maximum Real Estate Exposure, you''ll find a comprehensive discussion on everything you need to know about buying a home with your significant other before marriage.

 

The article offers tips and guidance on important topics such as taking title to a property and distributions of finances.

 

Did you know there are multiple ways to take title to a property? Do you know what it the best method for your current situation?

 

How about finances? Is the mortgage going to be paid equally or will there be some kind of equitable split? Will each party put the same amount down towards the mortgage?

 

These are the kinds of questions you should discuss with your significant other.

 

Take a look at the article to get pointers on everything you should be considering. If you enjoy the article, give it a Scoop or share socially.

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Bill Gassett's comment, January 10, 7:29 AM
Thanks for the Scoop @Gene Mundt, Mortgage Originator
To Let's curator insight, March 7, 7:35 AM

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13 Real Estate Articles Worth Reading

13 Real Estate Articles Worth Reading | Real Estate Articles Worth Reading | Scoop.it
See the very best real estate articles found on Google Plus for the month of November 2017. Real Estate pros share their expertise on buying and selling.
Bill Gassett's insight:

Do you enjoy reading outstanding real estate content? If so you are in luck because Kevin Vitali has put together a wonderful round-up of outstanding real estate articles.

 

Each month over on Google Plus we hand select the best real estate articles. These are the posts that really help out buyers, sellers and real estate agents in a big way!

 

In the November compilation there are 13 awesome articles worth reading. Some of the topics include: mortgage tips for first time buyers, what to know about condo ownership, how does seller's agency work, what to know about buying an older home, and how accurate are real estate market reports.

 

There are just a few of the topics that are discussed in this round-up. You will find many more worth looking over.

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Don't Do These Things Before Buying a Home

Don't Do These Things Before Buying a Home | Real Estate Articles Worth Reading | Scoop.it
See what not to do before buying a home. You'll find a review of 14 financial mistakes that should be avoided at all costs when buying a house!
Bill Gassett's insight:

When you are buying a home for the first time it is real easy to make mistakes. Buying a home after all can be a complicated process.

 

If you are not in the real estate or mortgage industry it is no surprise it is possible to make one of these 14 home buying mistakes.

 

In my latest article at Maximum Real Estate Exposure you will find a detailed look at fourteen things you should avoid doing before or during the purchase of a home.

 

Doing one of these things could end up costing you your dream home! Think I am kidding? Well I am not! Many buyers have made these mistakes and it has cost them dearly.

 

Do yourself a favor and review what you should not do before buying a home.

 

Having a real estate and mortgage pro in your corner will certainly help as they will more than likely warn you about these things.

 

If you enjoy the advice on what not to do when buying a house, please share the article socially or give it a Scoop!

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To Let's curator insight, March 15, 9:18 AM

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Without much ado what we are simply saying is great things happen when TO-LET DIGITAL AGENCY gets involved because homework is what we do best and how you do it matters.

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Using A Dual Real Estate Agent Offers No Benefits

Using A Dual Real Estate Agent Offers No Benefits | Real Estate Articles Worth Reading | Scoop.it

In the world of real estate, it always helps to have a real estate agent you can trust looking out for you. But what if you are a seller, and the potential buyer is also working with your agent?

Bill Gassett's insight:

In real estate there are essentially three common types of agency. Sellers agency where the real estate agent represents the seller, buyers agency where the agent represents the buyer and dual agency where the agent represents both.

 

Dual agency frankly is the worst thing they have every allowed in real estate sales. In fact a number of states have banned dual agency.

 

Why is it bad? When you agree to single agent dual agency the agent you initially hired to represent you no longer does!

 

Lets say you are selling your home and hire an agent because you think they are very knowledgeable and have given you great advice.

 

You hire this agent thinking when you get an offer you'll continue to get sound advice. When the home inspection happens and the buyer is asking for repairs on certain items the agent will be in your corner giving you more guidance.

 

Fat chance! Yes you read that correctly. If you agree to dual agency your agent will no longer be able to give you any guidance by law. This in a nut shell is why dual agency benefits no one but the agent.

 

Take a look at the detailed article that covers exactly why dual agency should be rejected.

 

if you enjoy the advice, give it a share or scoop.

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What Do Realtors Expect From a Home Inspector

What Do Realtors Expect From a Home Inspector | Real Estate Articles Worth Reading | Scoop.it
Find out what a real estate agent wants from a home inspector including accuracy as well as timely and proper delivery of information.
Bill Gassett's insight:

When you are buying or selling a home the inspection can be a significant hurdle to getting to the closing table. Some homes are picture perfect and the home inspection reveals the same. Other properties can be major disaster areas.

 

For a buyer it is obviously important not to purchase a lemon. An exceptional home inspector can be a god send in a real estate transaction. There are some really good home inspectors out there. Unfortunately, there are also some bad apples as well.

 

From a real estate agents perspective delivering accurate facts is very important. A close second, however is how the information is delivered to a buyer.

 

Some inspectors understand that how they say something can have a major impact on a buyers decision process. The great inspectors will go out of their way to explain issues in a way that buyers understand exactly what they are getting themselves into.

 

There are some inspectors, however, that enjoy making small problems seem like the end of the world. You would call this being unprofessional.

 

In my latest article at Maximum Real Estate Exposure, I take a look at what real estate agents want from a home inspector.

 

Take a look and see if you agree with what a home inspector should be doing. The best inspectors are very clear in their delivery and have a strong knowledge base of common issues.

 

The best home inspectors are not drama queens.

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Bill Gassett's comment, September 23, 2017 8:11 AM
Thanks for the scoop!
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Myths About Open Houses

Myths About Open Houses | Real Estate Articles Worth Reading | Scoop.it
See 7 open house myths you should never believe. Lots of real estate agents want you to think open houses are necessary to sell a home. They are not!
Bill Gassett's insight:

In real estate there are always myths floating around that far too many people believe. One of the most common categories filled with myths is the real estate open house.

 

Far too many people believe that these are a necessary marketing activity to sell a home. In fact, that is far from the case.

 

What many home owners fail to understand is that they are actually putting their possessions in harms way. Most people have no idea how many thefts take place from an open house.

 

Lots of real estate agents don't want sellers to know this because the open house is a great place for a Realtor to prospect for business.

 

In my latest article at Maximum Real Estate Exposure, you will see a detailed review of the most common real estate open house myths. If you are going to be selling a home what you need to know is that an open house is completely unnecessary.

 

Quite often the wrong people will be coming through your home. Keep in mind anyone is allowed through the door. There is no screening.

 

You might become one of the unfortunate ones who loses a treasured valuable. Don't let this happen to you. Discuss open houses with whoever you are going to be interviewing to sell your home.

 

Find out up front in the agent is going to hold an open house. Make sure you have a look at the above reference for all the reasons why you should skip having an open house.

 

If you enjoy the article, give it a scoop or share socially.

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Unbelievable Home Selling Myths

Unbelievable Home Selling Myths | Real Estate Articles Worth Reading | Scoop.it
Time to debunk all these home selling myths! Why do home sellers believe everything they find online/offline?!
Bill Gassett's insight:

In the real estate industry there are myths that over the years have turned into reality in the minds of many buyers and sellers.

 

What happens when myth turns to reality? Bad decisions are made! These decisions of course can cost people money in their pocket!

 

You want a quick example - do you know how many people actually believe that Zillow home values are accurate? Far too many!

 

When people base decisions based on an algorithm, mistakes are made.

 

Want another? How about dual agency! Don't know what dual agency is? It's when one real estate agent works with both the buyer and the seller on the same house.

 

Neither party has representation. The only person who wins in the real estate agent!

 

One of my favorite myths is an open house being needed to sell a home - WRONG!

 

An open house is an invitation to get robbed. Real buyers schedule showings. The people who visit an open house are generally the unqualified, your neighbors and potential thieves!

 

In his latest article, Xavier De Buck covers many of the most common real estate myths that cost buyers and sellers.

 

Take a look at his excellent article and stop believing these myths!

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How to Handle a Bidding War in Real Estate

How to Handle a Bidding War in Real Estate | Real Estate Articles Worth Reading | Scoop.it
How to handle multiple offers and bidding wars on my home is a question lots of owners ask real estate agents in a hot seller market. Here is how to deal.
Bill Gassett's insight:

Without a doubt real estate markets all around the country are favoring home sellers at the moment. In many locations home values have risen dramatically.

 

Pricing is going up due to a significant demand for housing coupled with low inventory. These two forces have come together to create the perfect storm for sellers.

 

Buyers on the other hand are being locked out of being able to purchase a home. In fact in numerous locations there are multiple offers and bidding wars on homes. Given this environment, sellers need to be cognizant of how to handle multiple offers and bidding wars.

 

There is no set rule of thumb which is why I have gone ahead and created a detailed article over at Maximum Real Estate Exposure.

 

In the article you will learn all the different scenarios on how to deal with multiple offers at the same time. As a seller you should be aware that the highest offer is not always the best offer for a number of reasons.

 

This can be especially useful information to have when a buyer is using an escalation clause. Believe it or not some homes can sell for more money than they should!

 

You will see quite a few tips on how to ensure the best outcome when dealing with multiple bidders.

 

By using these tips, you'll ensure that you actually end up having a closing. Some sellers make mistakes by choosing an offer than never successfully gets to conclusion.

 

If you enjoy the advice, please give the article a share on your social sites or Scoop.it here!

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When Should I Do a Price Reduction on My Home

When Should I Do a Price Reduction on My Home | Real Estate Articles Worth Reading | Scoop.it
When should I reduce the price of my home is a question lots of people ask their real estate agent. Find out when to reduce your home price with these tips.
Bill Gassett's insight:

You list your home for sale and make preparations to move to your next place. The only problem is things are not going as you expected them to.

 

You have had countless showings and not a single bite. There has been quite a bit of feedback by numerous buyers. Some of the things they mention relate to the condition of the home. Other comments are more direct and say things like "the home is overpriced."

 

One of the things more sellers ask their real estate agent about is when to reduce the homes price. Knowing when to reduce the price of your property is obviously a key component in getting it sold.

 

There are usually some very clear signs when a home should be reduced. In the article at Maximum Real Estate Exposure you will see some clear indicators that will show you it's time for a price reduction.

 

It goes without saying that if your home has been on the market for much longer than all the homes that were your competition, it's time for a different way of thinking.

 

The longer a home sits on the market the greater the chance that there will be a bigger gap between the list and sale price.

 

When homes languish on the market buyers are far more likely to make lower offers. The number one question buyers ask real estate agents is "how long has the home been for sale?"

 

The answer gives a clear indicator to the buyer what they should offer.

 

Understand when the right time is to reduce your home price!

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Never Trust a Zillow Home Value

Never Trust a Zillow Home Value | Real Estate Articles Worth Reading | Scoop.it
Never Trust a Zillow Real Estate Value
Bill Gassett's insight:

If you are going to be buying or selling a home it is quite likely you have used the home search site called Zillow. Zillow in fact is an excellent site for searching for properties for sale in your desired area.

 

They offer great information that is hard to find elsewhere. While there is usually good and bad with many online sites, Zillow is especially bad when it comes to their online evaluation tool.

 

Zillow calls this their Zestimate of value. People are constantly asking how accurate are Zillow estimates. The answer is putrid. They do an absolutely horrible job at evaluating property values.

 

This should not come as a shocker as it is just an algorithm. Zillow doesn't know if you just dumped $50,000 into home renovations. They don't know if you just added a gorgeous swimming pool or tons of landscaping.

 

When it comes to the details about your home or at least the ones that matter, they know very little.

 

What Zillow does is confuse the public with their inaccurate valuations.

 

Unfortunately, lots of people have no idea the information is downright horrible when it comes to evaluating market value.

 

Do yourself a favor and never trust a Zillow Zestimate. If you want to know the value of your home call a local real estate appraiser or real estate agent who know the market like the back of their hand.

 

When you do something else you are asking for trouble!

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Rick Nayar's curator insight, July 17, 2017 11:28 AM

Good read for those trusting Zillow.

Bill Gassett's comment, July 17, 2017 11:34 AM
Thanks for the scoop @Rick Nayar!
Rick Nayar's comment, July 17, 2017 1:11 PM
Your Welcome @Bill Gassett Great post!