According Michael Corbin, yes they can. When a property is in bankruptcy, the real estate agent has to work with the trustee on the bankruptcy estate in order to list and sell the property.Michael says this:100% correct - the agent becomes, basically, an agent for the bankruptcy trustee. So instead of the original owner having the ...
Computers are always right, huh? No, not always. Computers are only as good as the people inputting data into them. And in this particular case, a lot of relevant data was omitted from a software program used to calculate historical data for real estate in the Chicago area.Inman News reports this: The program failed to recognize ...
Even with the company failing to ever make a profit, Zillow Inc., the internet real estate company, has commanded an impressive initial public offering. The shares were estimated to go for about $20, but soared upward last Wednesday, August 10th, 2011.News Factor had this to say about it: The shares rose as high as $60 before ...
Evers & Co. reported that the Washington D.C. real estate market's average home price has increased month over month for the last 14 months straight.Donna Evers, their president and real estate broker, had this to say: “With the combination of low mortgage rates and plenty of inventory that is priced well, now truly is the best ...
Steve Schaefer of Forbes, seems to think so. He explains that most people see real estate and homes as the same thing. The reality is, that the commercial market is huge, and tends to lag the rest of the economy.During the housing bubble, the focus was on building new homes, and not enough attention was ...
With a staggering percentage of home owners behind or in foreclosure, the loan companies have a serious problem. Simply foreclosing all of the properties is not always the best solution, in fact, the mortgage company really doesn't want to do this. It is an extremely expensive and painstaking process.But on the other hand, if they ...
As you have probably heard, Standard and Poor's has downgraded the U.S. government from a "AAA" credit rating to just "AA". This is the first time it has ever happened. The fierce debate, and eventual deal to raise the government's debt ceiling combined with budget cuts to trim the deficit over the next decade, fell ...
I saw this while I was browsing online today, and wanted to share it with you. Have you ever had any odd experiences when you have been showing a home? (I would love to hear your story, you can leave it in the comments below.)Anyways, things like the owner walking out of the shower during ...
In these hard times, you might be looking to get some extra money. And while going out and getting a second job or mowing lawns on the side may get you some extra dough, you may be overlooking hundreds if not thousands of dollars in “junk” right in your own home.The question is, what is ...
Interestingly enough, the Miami real estate market be coming back. Take a look at this quote in a recent NY Times article: Home sales in the metropolitan area during the first half of the year rose 16 percent from 2010 for the best spring since 2007, according to the research firm DataQuick, far outpacing the negligible ...