Shelli Dore’s Real Estate Blog

Posts Tagged ‘estate

Even before the government put pressure on them to embrace short sales, more banks were starting to take their lumps, do the short-sale deals and move on.

Three years into the housing meltdown, short sales have tripled to 40,000 in the first six months of 2009, compared to the same time period a year ago, according to data from the Office of Thrift Supervision and the Office of the Comptroller of the Currency.

Wells Fargo, Bank of America Corp., and JPMorgan Chase & Co. this year have hired and trained more staff to handle short sales and also developed software for expediting them.

“It’s really finally dawning on banks that they’re better off with a short sale,” said Richard Green, director of the Lusk Center for Real Estate at the University of Southern California in Los Angeles. “I think banks were in denial.”

Source: Bloomberg, John Gittelsohn and Margaret Collins (12/4/2009)

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Shelli Dore

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Your friend in the real estate business,

Shelli Dore

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…Remember! The next time you are in a conversation with someone who is thinking about a move – IN ANY CITY OR STATE IN THE US OR CANADA – call me first! I can help make sure your friends, family members and work associates are very well taken care of.

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Your friend in the real estate business,

Shelli Dore

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…Remember! The next time you are in a conversation with someone who is thinking about a move – IN ANY CITY OR STATE IN THE US OR CANADA – call me first! I can help make sure your friends, family members and work associates are very well taken care of.

Lauren Sherman, 03.30.09, 04:00 PM EST

U.S. migration may be down overall, but these vibrant metro areas are still attracting newcomers.

Unemployment is on the rise, credit is tight, and consumers aren’t spending–which means they aren’t picking up and moving much either. Very few places in America saw significant population growth in 2008.

But the buzzing metropolitan area of Denver bucked that trend. Its population increased by 2.17% in 2008. In 2007, it increased by 2.09%. In 2008, Denver was the 10th-fastest growing metro area in the U.S.

What’s Denver got that other places don’t? 

Click below or copy and paste this link in your internet browser for the complete article:

http://www.forbes.com/2009/03/30/americans-moving-cities-lifestyle-real-estate-relocating.html?partner=email

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Your friend in the real estate business,

Shelli Dore

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…Remember! The next time you are in a conversation with someone who is thinking about a move – IN ANY CITY OR STATE IN THE US OR CANADA – call me first! I can help make sure your friends, family members and work associates are very well taken care of.

Foreclosure Timeline

Colorado Foreclosure Information Part 1

Colorado Foreclosure Information Part 2

Basics of a Short Sale Transaction

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Your friend in the real estate business,

Shelli Dore

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…Remember! The next time you are in a conversation with someone who is thinking about a move – IN ANY CITY OR STATE IN THE US OR CANADA – call me first! I can help make sure your friends, family members and work associates are very well taken care of.

This is a great time to buy a home, condo or townhouse with the new $8,000 housing tax credit. This is available for first time home buyers, if you buy before December 1, 2009. If you ever wanted to buy a home, now is the time.  Ask yourself the questions below to see if you should take advantage of this great opportunity. 

  • Time frame to buy? – By December 1, 2009
  • First-time home buyer? – A buyer who has not owned a home for three years.
  • Married first-time buyer? – Both buyers have not owned a home for three years.
  • Claim tax credit? – Claim the tax credit on your federal income tax return.
  • Other form or forms? – No other form except your federal income tax return.
  • Credit limits? – Single $75,000, Married $150,000.
  • Building a custom home? – You qualify, but you have to occupy the home by Dec. 1, 2009.
  • Buying a new home? – You qualify, but the settlement day has to be by Dec. 1, 2009.
  • Tax credit pay back? – You are not required to repay except for certain conditions.
  • Access the tax credit now? – Change your withholding numbers.
  • Mortgage Revenue Bonds? – Allow tax credit home buyers to participate.
  • Loan credit? – State housing finance agencies to help buyers at closing by  advancing the credit amount as a loan.

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Your friend in the real estate business,

Shelli Dore

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…Remember! The next time you are in a conversation with someone who is thinking about a move – IN ANY CITY OR STATE IN THE US OR CANADA – call me first! I can help make sure your friends, family members and work associates are very well taken care of.

Charles Schwab Corp. will bring 500 new jobs to Colorado by 2011, Gov. Bill Ritter announced Thursday January 15th at the state Capitol.

Read on… http://denver.bizjournals.com/denver/stories/2009/01/12/daily55.html?surround=etf

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Your friend in the real estate business,

Shelli Dore

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…Remember! The next time you are in a conversation with someone who is thinking about a move – IN ANY CITY OR STATE IN THE US OR CANADA – call me first! I can help make sure your friends, family members and work associates are very well taken care of.


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