Real Estate Information Archive

Blog

Displaying blog entries 1-2 of 2

Staging your home proves successful

by Tom Stachler,ABR,CDPE - Group One Realty Team

Home sales are on the rise and it takes a sellers edge to make their home standout in the competitive market. As real estate agents we are well aware that staging a property can enhance the appeal and get the seller a top-dollar offer.

According to the Real Estate Staging Association, homes that are professionally staged result in a higher sale price compared to non-staged properties. They also spend about 73 percent less time on the market. These numbers can make for a compelling argument for your client against the cost of hiring a professional staging company.

Most buyers are pre-screening homes by viewing pictures online before they actually take the next step to see it in person. The first impression they have of the home is how it is photographed. If the pictures are not appealing, they will continue their search and disregard the home before even taking a step inside. When a home is professionally staged, it helps distract the buyer from the flaws and draw attention to the best features.

tom stachler, real estate one, ann arbor, homes, for sale, listing, selling

HAFA Rules Relaxed for Short Sales

by Tom Stachler - Group One Realty Team - Real Estate

Welcome to 2011, it is going to be a great year and I'm excited to see where it takes us!

Changing Short Sale Rules - The HAFA program has been a mixed bag, but last week the Treasury Department changed the rules to make short sales easier. 

Here are the primary changes to HAFA: 

- Those seeking a short sale must get an answer within 30 days
- Lender Servicers are no longer required to verify a borrower's financial information
- Lender Servicers are no longer required to determine if the debt-to-income exceeds 31%
- Though Second lien holders no longer must accept 6% of the unpaid balance - 

Overall, these changes should help expedite short sales, which is good news for Home owners, realtors, investors and ultimately the banks.

If you are looking for a way to sell you home that you feel is worth less than you owe on it, we can help.  Please contact us on this link or try the chat button at the bottom of the page.  You can also stop by this helpful short sale information site as we by clicking here.  


Here is to a healthy, wealthy, and exciting 2011!

Displaying blog entries 1-2 of 2

Syndication

Categories

Archives