Tuesday Talk…


 

When you have decided now is the right time to purchase your new home, contact the  Gylling Group for all the help you will need. 

Check us out on Facebook at Gylling Group Real Estate.  We are your professionals looking to be your professional with integrity.

Talk Tuesday


Thursday Thriller


In the market we are facing today with home sales and buyers, it is time to get creative.  However, when you get creative, you MUST make sure that the transaction will be legal no matter how you negotiate it.  Work with someone you trust and who will be able to provide you with correct information or put you in touch with someone that will get you the correct answers.  Check out www.VickieGylling.com for more Real Estate information.

Tuesday Talk


The Mistress in Real Estate


Many have bought their first home or may be even a second or third one.  Each time you bought a home, did you hear that infamous line;  “it’s a buyer/sellers market” and off you were to look at homes.  Did your Real Estate agent ever tell you about the mistress you would have to deal with when you bought your home?

You didn’t know there was a mistress in your deal? Well, there is or was, depending on where you are at in the process.  If you are a buyer, right now, you think the market is yours to control.  You can ask the seller to pay some of  your closing costs, contribute to point buy down, have the seller maybe provide a year or so home warranty program.  If you are buying an association home, you may even ask the seller to pay one or two years of association dues.  How about that big screen TV or the couch that makes the room.  Did you ask the seller to through that into the deal?

What if you are the seller. Right now you may feel like your hands are tied and you have to pretty much give your home away.  Maybe you did through that TV/couch in the deal, paid those association dues or purchased the home warranty program the buyer asked for.  Maybe you went as far to include a car in the garage with the deal.  No, I am not making this up, this is one crazy thing I have seen offered for the right price for the home.

Well, what about the mistress that REALLY controls the deal whether you are a buyer or a seller.  You don’t know to whom I am referring to? The Government.  They are the ones that have more control over a deal than even a  buyer or a seller.  Since the crash of the market, the Federal Government has really had more control over any deal.  Whether it is contributing an incentive program to bring the buyers out, to the taking away of the incentive or raising interest rates, yes, they have more power in the deal than one thinks.

Lets also look at how the government is compensating for all the short sales/foreclosures that are happening.  The Government stood by and watched as many home owners homes went upside down.  They did nothing to the banks that sat around refusing to help persons on the verge of loosing their home, nor did they make the banks work with the owners to make payments affordable for those that wanted to stay in their home and were trying their best to work something out.  Instead, the government sat back as banks took anywhere from 9 months to over a year to respond to potential offers from buyers on contracts submitted.  Then some even claimed they were in financial ruins…but what about the sellers? 

Now, many persons have lost their homes even if they were trying to work something out with the banks and there are an amazingly huge number of homes that are sitting vacant.  How about the sellers that are trying to do a traditional sale?  They now have to contend with the never ending battle of how am I to sell my home and not be punished by the short sale/foreclosures on the market.  Their home will be appraised against the homes in their respective neighborhoods that have been sold at a discounted price due to hardships by the past owner.  Again, the government continues to let this happen.

Shouldn’t the government at least try to help sellers that have kept their heads above water and not just walked away from their home with some sort of break?   This would be a positive incentive and still keep some value in our neighborhoods.  How should the government do this?  Well, that is the million dollar question.  Maybe these sellers get a bigger break on their new interest rate or maybe they get a break on their taxes in the year the home was sold.   I am sure there is something this mistress of the government could do to keep the housing market alive and moving.

So the next time you are thinking of buying or selling a home, remember to consider the mistress you will have to contend with.  If you are a buyer, you will have to have a down payment, good credit and choose a program that you may have to work through many hoops.  If you are a seller, you may have to come to the table with some of your own cash to sell your home, or maybe it’s time to consider bringing back the CD’s to help in your sell.

THE SPIRITS TO MOVE is here to bring you quality information & posts.  Be sure to VOTE on this article prior to leaving…we appreciate it!

Thursday Thriller


This is how agents act today first home or hundreth home sold!!

With the difficult market we are in today, those in the real estate career path get a LITTLE excited when they sell a home now-a-days. 

Brokers are reporting an increase in hug effects when an agent sells a homes.

How is the Real Estate Market Looking


As we fast approach the end of the first week of 2011, many people are wondering what is going on with the real estate market.  Especially if you have your home listed on the market now.

Well, here it is in a nutshell. 

Records indicated that for the week of Dec. 25, 2010 sales were down 3.3% based on the same time in 2009.  There were roughly 379 purchase agreements signed during that week as well.  There have been 657 new homes listed for the time frame of Dec. 25, 2010 which is up 43.7% from 2009. 

There are currently about 21,161 active homes on the market.  This number is up 11.5% from the same week in 2009.

What does this mean for persons trying to sell a home?

A.) You MUST have an agent that is working with your best interest & motivation.

B.) Your home must look it’s best INSIDE & OUT!  Get rid of the clutter, keep the walk ways cleared of snow & ice, limit the orders in the home.

C.) Since it’s winter, clear the summer clothes out of the closets! Make the closet space look as large as possible.

D.) Make sure your photos on the internet are current.  If it’s wintertime, make sure your photos reflect this.  You can have other seasons pictured, but make sure you have some of the current season.

E.) Work with the buyers agents when it comes to showings! Remember, when you get a call, you have a possible buyer! Let them into your home at the time they want.  They will be looking at more than one home and if they can’t get into your home at their desired time, they may not make it back at a time that conveniences you & your family or at all.

F.) PRICE IT RIGHT! Although, you have a price in mind, remember, you hired an agent to help you and they are the trained experts in this area.  They are going to do market analysis, watch what is happening on a daily basis, and work to get you the top dollar for your property. 

When THE SPIRITS TO MOVE hit, remember numbers are what count, so watch them, study them and be on the right side.

Produce Prices Rising…how are you compensating?


Information is being to come out that produce prices are increasing by 2-3 times. How do you plan to offset these price increases?

Here are a few suggestions to help combat this in these hard economical times:

1.) Planting a garden during the months that your climate allows.  Do you know that when you plant your own garden you are not only cutting down on the family financial situation, but you are also helping the environment as well.  The bee population may increase with the pollination of the flowers for some of the seeds planted, it may help to increase natural gases put off by the vegetation during growth.  Many business’ now are even participating in communal gardens.  Employees offer their time to plant, weed, water, pick and donate or eat the items grown.  What a great idea!! This may relieve some of the on the job stresses each day along with helping some of the community food shelves.  These are only just a few of the positive things that may occur.

2.) Shopping the local farmers markets.  What a great way to support your local community farmers and reduce costs for your family grocery shopping.  Do you realize that many of the farmers markets now not only sell just vegetable items?  Many now also sell meats, breads, flowers, natural made soaps and so much more.  You can find the location, times, seasonal sale schedule and so much more at www.mfma.org (for Minnesota).  Google farmers markets to find you location in other states.

3.) Shop the local big box stores with other family members, co-workers or neighbors.  If you are single or just a family of a couple, you may not think to shop the big box stores such as Sams Club, Costco or others that are starting to pop up.  Can’t eat a  50 lb. bag of potatoes? How about splitting the bag with other people you may know that eat the same items.  You can also do this for such items as paper products, personal care products or anything you can buy & use.

4.) DONATE!  If you decide to do any of the following and you get an over abundance of items, many food shelves will accept donations of most products.  Check with you local food shelves, shelters, churches or places of help to see what they will accept.

Most say that in tough times, we need to lean on each other to make it through the tough times.  I hope some of these suggestions have helped to show you some ways to keep costs down in your own family and to be a contributing factor to those that are in a less than fortunate situation in these times.  Sometimes, THE SPIRITS TO MOVE moves us in different & unusual ways.