Monthly Archives: July 2009

The sale price of homes continues its downward spiral. Forbes this week is saying that it doesn’t matter where you live, you are not invulnerable. From Bel Air where a 31% decline has been seen to Greenwich Village where the drop is 45% during the past year, we are surrounded by a wide-ranging epidemic. It [...]

Mid-year 2009, and “foreclosure” is a word that has not gone away. According to one expert, approximately ½ of all homes sold today are a result of properties sold through short sales or the foreclosure process. Let me repeat that — one-half! That means neighborhoods across the country are being devalued at an astonishing rate. [...]

The new state foreclosure laws in Michigan were signed on May 20th, 2009 and went into effect on July 5th 2009. Together, the three laws (2009-PA-0029, 2009-PA-0030 and 2009-PA-0031) aim to increase the duration of the foreclosure process. Currently foreclosures in Michigan happen in about 5 weeks. These three new mandates will delay the foreclosure [...]

Former Senator and Presidential candidate Bill Bradley is known for saying, “when you aren’t studying, somebody else is.” And, that holds true in real estate too – especially now! When you aren’t studying, somebody else is learning that pre foreclosure and foreclosed properties have become essential elements of today’s real estate market and no matter [...]

Making cold-calls is almost always seen as a terribly unpleasant job! If you’ve ever done any cold calling, you know you’ll hear the word “NO” or a very audible hang-up more often than not. To succeed at this sales tactic, you want a few weapons in your arsenal of skills: 1. Don’t allow yourself to [...]