Archive for March, 2010

Now this topic / subject is very literal in the Massachusetts housing market.  We have reached historic levels (no pun intended) for total inches of rain.  Even as I write this, we have an additional 4 more inches TODAY!  The reports of homes flooded and under water is ridiculous…

Which brings me to a relative topic.  The under water homes because of value declines and inventory that is flooding the market (because of the foreclosures).  What is important to note is that I just read an article that forecasts when the Boston real estate values would land on dry land.  They are forecasting 2017!!!  This is a very important discussion that should be reviewed by someone whom may be trying to keep their home afloat.  I am specifically addressing those whom are behind on payments and may be trying or have tried some type of program HAMP, CHUMP (j/k)  or some other “save my home” program” that may be out there.  These homeowners may be considering trying to stem an evil tide of debt while really they should just BAIL!  Bail out!?  BAIL THIS!  To each person and decision is based on knowledge and weighing out their options.  But, before they lose it completely they should consider the forecast…..and more importantly starting fresh without going down with the ship.  Again, this is just my experience and perspective, and a choice I had to make (with no regrets) in the same storm.  For more information check out www.Help-ME-ShortSales.com

More on the article: http://www.dsnews.com/articles/how-long-will-negative-equity-last-2010-03-29

Keep it short,

Mike Knows

I am placing an article that I recently read and thought, hmmm no big deal, this has been around a while.  Then I realized that my apprehension or non enthusiastic response wasn’t because I didn’t have my cup of coffee yet, it was because I really didn’t see it from the eyes of the buyer.  Which, duh I am. Ok, so what am I talking about?  Expired listings have a major benefit for a person like me.  Especially if they are a SHORT SALE.  I AM A SHORT SALE BUYER!!!  The more I gave it thought the more I knew you all needed to know that I NEED TO BUY SHORT SALES!!!  The method and approach is simple.  I can fill you in with more details and the steps, but you first have to reach out to me!  I have a full marketing plan that I can provide to you if you work with me…and help me buy my short sales!  For more information please email me at mikeo@lmsgnow.com.

http://realtytimes.com/rtpages/20100312_prospect.htm

Keep it short,

Mike Knows