Real Estate Kanye West Style...

If you turn on the television today you more than likely have seen the man most consider an idol, Kanye West. Whether you like him as an artisit or not, i have decided to take a more personal look into his real estate. I have decided to have a more fun post once a week to keep everyone a little more upbeat, and here it is. Kanye West is known for his style and design and this is no different when it comes to his properties. Just go ahead and take a look. Intrigate flawless planning has gone into every inch of his living space and it has definitely shown. Just take a...

Boring Real Estate!!...

One of my biggest pet peeves these days with real estate, is boring real estate These days all you see is tan or beige walls with the same neutral flooring and plain landscaping. Why is real estate on the market so boring? The answer is simple, people think general real estate will sell faster. They think that this real estate that will appeal to the general masses. To me this just doesn’t seem logical. So I did some research to maybe help us on our real estate conundrum. Research show the color you paint your property can be a big deal. Some believe there is a...

Short Sales Happening All Over The US...

With adjustable mortgages jumping through the roof, people are becoming smart to consider a real estate short sale. Short sales are becoming more prevalent throughout the country, and the loss mitigation departments that are dealing with the short sales are becoming swamped. Thinking about negotiating a short sale? Don’t do it your self. TALK TO A LAWYER AND ACCOUNTANT FIRST, and definitely find a reputable real estate agent to help you negotiate your way out of foreclosure. - Jeff Buettner Real Estate Wiz Kid The bank is going to foreclose! What do I...

Banks Being Difficult About Short Sales...

So i was calling on one of my many files, attempting to negotiate a short sale for a client when I came across some difficulty. Normally the real estate short sale process begins with faxing in a authorization letter to the bank proving I am allowed to talk them about the short sale on behalf of my client. This phone call with the bank started off as all the other ones do, being put on hold several times before talking to the Loss Mitigation Department explaining we are attempting a short sale on this account. It was after this point when the conversation took a...

Real Estate Definition- Short Sale...

Short Sale (Real Estate) – A short sale in real estate is pretty simple by definition. A short sale is an opportunity for a financially distressed homeowner who has encountered a hardship. Usually for them a short sale is the only option so they don’t go into foreclosure. In a short sale, the overwhelmed homeowner sells his real estate for less than the value of his loan. In other words, the sale of the house falls short of what the owner still owes on his or her mortgage. Hence the name short sale. After negotiations with the bank, the lender then accepts the...

Billion Dollar House!!...

So here it goes the first blog post on Real Estate Wiz Kid…. Since the premise of this blog is to educate and inform on different aspects of real estate I thought we would start our selves off with the first one being a little more fun. While real estate can come in all shapes and sizes, most people just tend to look at the cookie cutter homes in the area that they live in, and for some it can be quite boring. I thought I would show you some real esate being created to lead a life of luxury. What I am about to show you my friends is the most expensive home in the...

Daily Real Estate Definition- Foreclosur...

Foreclosure- A foreclosure is a situation in which a homeowner is unable to make principal and/or interest payments on his or her mortgage, so the lender, be it a bank or building society, can seize and sell the property/real estate as stipulated in the terms of the mortgage contract. Foreclosure is usually that last resort for homeowners. Although exact number aren’t for certain foreclosure can hit your credit significantly. Notes: In some cases, to avoid foreclosures on a home, creditors try to make adjustments to the repayment schedule to allow the homeowner to...