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Kathleen Brown of Windhill Realty #1 in Sales for 2021
- By Jennifer Meuse
- Posted
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Buyers! Pay attention! Being in your shoes, in today's real estate market especially, requires an enormous amount of patience and perseverance, more than I've ever seen in my 35 years. You're putting a lot of trust in the hands of the agent you choose to represent you. This relationship goes far beyond crossing the threshold together and requires an incredible amount of professionalism, interpersonal skills, organization, polish and expertise on the part of the agent. I have an inside view and after all this time, I'm still impressed with the fortitude of every buyer and every agent on my team; it really is remarkable. Why should you care? Because ONE of the jobs on the shoulders of your representative is to protect your earnest money deposit. Signing a Contract to Purchase binds you legally and the parameters in that contract require close monitoring and compliance of specific dates and terms. Make sure you hire an EXPERIENCED REALTOR®, not just someone with a real estate license; there's a big difference. I've seen buyers' deposits in jeopardy because untrained salespeople (from other cooperating companies) are all too casual about the contract parameters. '3 Times You Can Kiss Your Earnest Money Refund Goodbye'! Don't let it happen to you! Work with one of the north shore's most experienced team of REALTORS®
Black Night Inc. gives us an inside look at mortgage data across the country, providing statistics on forbearance, which is an indicator of future foreclosures. What is a forbearance plan? A forbearance plan doesn’t erase the amount you owe on a mortgage, but it temporarily suspends or reduces your mortgage payment until your hardship is over. At the end of the forbearance plan, you must repay what you missed, but necessarily not all at once. Follow the track of these forbearance plans and you wind up with a lot of data.
Keeping Current Matters summarizes the data and points to the health of today's homeowner equity, downward 3-year foreclosure trend pre-pandemic, and what banks learned from their mistakes in 2008-2012 as reasons why we won't see the market flush with foreclosures despite joblessness due to the pandemic. But, will there be foreclosures in 2021?
Yes, there will be foreclosures, but predictors say that the high demand and lack of inventory we are currently (and painfully) experiencing will be enough to absorb any increase. Trying to get your foot in the door of today's market?...
Find an experienced real estate professional, not just someone with a real estate license, and put them to work on your behalf; it's what we do!
This impeccably decorated, one story living 3 bedroom, 1.5 bath ranch is move in ready and waiting for the perfect buyer! The open concept living & kitchen area offers excellent entertaining space, both indoor and outdoor. Dining room slider leads to a large brand new paver patio in the back yard. The back yard also offers a fully fenced in [...]