REAL ESTATE NEWS
· As economy
stumbles, 30-year rates slip to 4.44%.
Mortgage rates edge lower this week amid
reports that the economy slowed significantly in the first few months of the
year.
· Selling a
home “as is” isn’t as easy as it seems.
The term ‘as is’ carries a stigma that
something is wrong with the property and buyers automatically expect a lower
sale price. In California sellers are required to disclose any know defaults to
the property and buyers almost always hire a home inspector to uncover any
issues. Preventing sellers to hide under the phrase “as is”.
· Strategic
default may help seriously underwater homeowners
The home owner first needs to determine
witch option is best for them, a modification, renting the home, or short sale
Consult a Real Estate professional for
guidance.
For
more information on these topics call:
BOB
EUBANKS
JENNEY
REINBOLD
(310)
896-5838
ü E-mail: bobeubanksrealtor@gmail.com
ü Web site:BOBEUBANKSREALTOR.COM
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