Susan's Super-Duper Blog

This Crisis is not Financial

This is profoundly true.... we've got to change our priorities.

Via John Mulkey, Housing Guru (TheHousingGuru.com):

While the stock market, housing prices, jobless rate, and falling GDP may point to a financial crisis, those are only symptoms of the real illness. Just as a doctor would never describe an overweight patient’s condition as, “a crisis of too many fat cells,” we must look to the cause of our problem if we ever expect to effect a cure.

 

The USA has gorged itself on debt, but even that’s not the problem. It’s yet another symptom of a society focused upon personal comfort and satisfaction, chasing an ever-changing vision of happiness, a narcissistic assumption that it was about us, and that “we should have it all,” and have it now.

 

In the past few decades we've shifted from a country of savers to one of spenders—binge spenders, drunken in our chase for the “good life.” Movies and television told us we could have it, and their ads spewed a never ending array of what we “needed.” With the latest gadgets our lives would become simpler, less stressful. With wondrous images they carted us off to faraway beaches with perfect sunsets and plastic people.

 

But the images were all a lie; the contrary was true. The accumulation of “stuff” created a need for more money, requiring that both spouses work, and work harder, longer. The constant demand for money kept us forever chasing a better position, more pay, to help us afford the stuff we had already bought. More money would take us to an even better lifestyle that always remained just out of reach.

 

We didn’t want the simple house of our parents; we wanted more bedrooms, more bathrooms, bigger kitchens, fireplaces, media centers, and three car garages. We weren’t satisfied with a basic car; we needed SUVs, maybe two, and a sports car for the kids. A vacation at the beach wasn’t enough, unless the beach was in Hawaii.

 

We wanted the best for our children and we bought computers, video games, cell phones, and other electronics, expensive clothes and cars; we wanted them to have it all, too, to have a better life, to have more than we’d had. And we succeeded—after a fashion. We spent more, went in debt more, and lived for the pleasure of the moment.

 

We had more and our kids had more; but the ever-increasing indebtedness, like a millstone, pulled us into an abysmal stupor and caused us to miss out of much of the enjoyment. We drugged our stress with alcohol, pills or the latest pop psychology that promised to restore us to “Nirvana,” and the children whose happiness and love we purchased, became strangers.

 

Of course this isn’t a universal indictment; but it’s more widespread than many are willing to admit. And it doesn’t apply to ME or to YOU. It’s those “other people” who have allowed their problems to morph into a crisis. But WE all have an obligation to help find the solution.

 

As our country and the world enter the crucial stages of a financial meltdown, many are reflecting upon lives spent chasing an elusive future utopia that could never be; and many are ready to get off the train. Some have begun to reconsider where they have focused their energy, their labor, and have begun to realize that life was never about the stuff. It’s about discovering our place and helping others; it’s about the choices we make and the lives we lead; it’s about releasing ourselves from fear and living and sharing the wondrous joys of this life; and it’s about today. We don’t have tomorrow. The good life we’ve been seeking isn’t in the future. We’ve had it all along.

 

For the latest news in housing, visit: The Housing Guru

Top 5 Reasons I do NOT answer MY Phone.

TOP 5 Reasons I DO NOT answer MY PHONE!
These are mine..... what are yours........
5.  Caller ID says it's your spouse's Mother on the other end of the line.

4.  You're riding in the CAR with Someone besides YOURSELF - your kids, spouse, a friend.  (OK I admit I do answer when in the car with kids, rarely with husband, rarely to never when it's a friend in the car with me.)
3.  You're in a meeting!  I was in a meeting the woman in front of me DID ANSWER HER PHONE.
2.  You are with clients.

The NUMBER 1 REASON to NOT Answer your phone.....

1.   You  are in the BATHROOM --- yes someone actually DID answer their phone when I called, and YES they were in the bathroom - they told me!!!

Come on add to the list.... I know you've got examples..........

Tracy Ca Real Estate For Sale

 

 

I take pride in helping home buyers and sellers navigate the Short Sale process while buying or selling a home.  First time buyers, REO properties, Short Sale that is MY market.

 

Don't Sell the SHORT SALE Short

As a local Realtor who took a 6 month SHORT SALE course 3 years ago - prior to there being a designation (perhaps gettingletters after your name is just a way for someone to capitalize on the market - I digress) - I could not agree more.

Short Sales in Tracy and Mountain House, California dominate our local market.

If you need help selling your house - there is hope, call a professional REALTOR, someone who has been doing short sales for some time.

If you're looking to buy a short sale just know that you need patience, and that the home of your dreams is within reach.

 

Susan Goulding
Tracy, California

Sellling Short Sale properties in San Joaquin County for the past 3.5 years.

 

Via Judy Chapman, Realtor® - Greater Orlando, FL (Coldwell Banker Residential Real Estate):

How to handle pre-foreclosure and short sale properties is still a mystery to many real estate agents. We certainly didn’t learn about short sales in real estate school, and when the foreclosure crisis reared its ugly head, many of us buried our own heads in the sand.

Short sales are not going away. Negative equity has overtaken the American real estate landscape. It certainly has in Orlando, Florida. What started as an isolated problem pinned on subprime mortgages has escalated into a full-scale war. And now, with the economy in turmoil and unemployment affecting more and more homeowners, the war has turned into a battle royale.

Sellers need you. And so do buyers. As a Realtor®, you may as well face the problem, roll up your sleeves, and go out there to lend a helping hand.

For those who can afford the time and money, check out these Short Sale designations that can be earned through formal in-class or online study.

For those who can’t afford the money but can afford the time, there’s always self-education. Right here on ActiveRain, many veterans of the Short Sale Wars are happy to impart their wisdom, methods, and madness. They’ve already been through the trial-by-fire route, and the experiences they relate are extremely informative. By using their advice wisely and well, you’ll be a step ahead of your peers!

In the end, only experience gained firsthand—by listing and selling short sales—can turn inexperienced agents into full-fledged experts.

When agents represent homebuyers, they should understand the pros and cons of purchasing Short Sales and advise accordingly.

When agents represent homeowners, they should treat the Short Sale property as they would any other house for sale. They shouldn’t skimp, shortchange, or sell short either the seller or the hoped-for buyer.

  1. Marketing - Market a short sale the same way you would a regular listing. That means multiple photos, a virtual tour, direct mail, and everything else. Buyers still need a reason to see your listing as opposed to the one down the street. If this means literally showing dirty laundry, do it. The price will justify the condition of the house.
  2. List Price - Run a comparative market analysis and list the house at current market value. It doesn’t matter if the house is a Short Sale. It’s still a property with value. If it’s in a bad way, reflect that in the list price. If it shines as a move-in ready house, reflect that as well. Whatever you do, don’t throw a dart or deliberately try to undercut every other house in the neighborhood, not unless the condition of the house warrants it. A low price may generate interest, showings, and offers, but it doesn’t necessarily get the mortgage lender to approve the Short Sale package.
  3. MLS Listing Information - Don’t skimp on inputting full information. Include ALL details and description that you would normally include for a regular listing. Sellers deserve no less for the house they call their home. Likewise, buyers deserve no less for the house they want to make their home.
  4. Apply an Aggressive Short Sale Strategy to the List Price - Once the house has been listed at a price reflecting current market value, don’t let the price hang out there in limbo forever. Homeowners facing foreclosure don’t have time to wait. If the house doesn’t immediately get showings, lower the price. If the house doesn’t get an offer, keep lowering the price. There’s no reason a Short Sale house can’t be sold in a reasonable amount of time, not unless the mortgage lender rejects the offer out of hand.

 

*  *  *  *  *  *

Proudly selling real estate in Oviedo, Winter Springs, East Orlando, City of Orlando & Winter Park 

 

Neighborhoods in Oviedo - Aloma Woods, Bentley Woods, Little Creek, Kingsbridge, Riverside at Twin Rivers, Alafaya Woods, Live Oak Reserve and many other others

Neighborhoods in Winter Springs - Tuscawilla and many others

Neighborhoods in East Orlando - Avalon Park, Eastwood, Stoneybrook, Waterford, Cypress Springs, Lake Nona and many others

Neighborhoods in City of Orlando - Delaney Park, Thornton Park, College Park, Colonialtown, Audubon Park, Baldwin Park, Lake Nona and many others

Neighborhoods in Winter Park - Comstock Park, Lake Knowles Terrace, Sylvan Lake Shores, Charmont, Orwin Manor and many others

 

 

JUDY CHAPMAN

Florida Licensed Realtor® and Sales Associate

Certified Negotiation Specialist (CNS)

Coldwell Banker Residential Real Estate

521 E Mitchell Hammock Road

Oviedo, FL 32765

 

Specializing in Short Sale Solutions for Homeowners Facing Foreclosure

 

 

 

To put your home on the market, please feel free to reach me at (407) 227-7763. Questions about the Orlando real estate market always welcome.

 

REGRET PRICE - do you know what it is?

REGRET PRICE!

What is that?  Regret price is the price you would regret if you didn't pay..... this philosophy can be applied to EVERYTHING, however it works especially well with BUYERS!

You know Home Buyers.... who ask ... how little can I pay, I want the best deal..... is that really the issue?  NOPE.  

How many times have you heard that then the buyer doesn't get the home, they wait until it is sold and find out what was paid .... what is always said ..... "Oh drat I would have paid that!"  That is the REGRET PRICE.

Now when the property is sold, and they don't get the home, when they find out what it sold for and they think, "WOW, I would never have paid that for that property."  Again - the REGRET PRICE.

I'm getting my clients to start thinking about their "REGRET PRICE"  for every house we see.  In this market of Short Sales and REO, the asking price is RARELY the REGRET PRICE!

Every home is someone's Castle.

 

Buying or Selling in Tracy, CA or Mountain House, CA; consult an expert.

SCAM ALERT - TOOK 10 YEARS OFF MY LIFE!

SCAM ALERT - BEWARE - THIS CAN HAPPEN TO ANYONE!!!

This happened right here in Tracy, CA........
I get a call from my 76 year old father....
"""Susan we've got a HUGE problem, Tyler (my oldest) just called and he's in jail, got drunk, got in an accident and is Canada.  He needs $4,800 to get out as that is the damage to the car."""

Now, I can't express how panicked I was.  First, Tyler is supposed to be in Albuquerque, in the Air Force.  I quickly try to call him, Of course he doesn't answer his phone, (he's in jail); so next I send an email to his Military on base email - it simply said "Call me now".  He does - immediately.

Bottom line - we was not in Canada, not in an accident, not in jail.

This was a scam to cause you to panic and send money immediatley.

The good news is my dad told the people who called - to CALL THIER MOTHER  -- that would be me.  They DIDN'T.  It wasn't until later we figured out this was a total scam.

Yes the police have been called.  So please be warned, this was scary stuff, you don't stop to think when your kid is involved.

BTW - what they to my dad was ....."This is your oldest grandson........" My dad said, "Tyler...."  they responded - "yeah this is Tyler"... and so on .....

You know you are a WorkAholic WHEN???????

Top 10 Ways to KNOW if you are a Workaholic

(Disclaimer, a colleague stopped by the office, her husband said "SO who's the work-aholic?" So what if it WAS Sunday morning at 10:00, I've never considered myself a work-aholic, but am I? Or Am I just trying to be available to my clients, day in and day out, 24/7?)

What are your additions to the list......


10) Your husband, what husband, oh yeah, I remember him......has to ask you out on a date 3 weeks in advance.
9) You hear your children say - Mom is always on the phone, she's always busy.
8) Your friends don't call anymore, they already KNOW you are can't go.
7) When you are with your husband, family and friends, they ask if you "CAN EVER put down that D*&* Phone".
6) You have to buy a bigger purse to carry your notebook, pen, phone, MLS key, etc. in.
5) You don't even have time to SHOPPING.
4) You give your kids money as birthday gifts, saying that is what they perfer, it's really just easier.
3) You miss church, kid's ball games, etd because your clients want to go see homes.
2) You send Twitters and Facebook updates at 2 in the morning. the number 10 way to KNOW if you are a workaholic.....
1) You are seriously considering putting a cot in the break room so you can 'sleep over.'

hmmmmm..... Where is the balance?  Counter Balance?  Being available for your clients, yet not letting it ruin your life.

THOUGHTS?  IDEAS?
Susan Goulding Realtor, Tracy Real Estate, Free MLS Search, Homes for sale Tracy California, Bank Foreclosures, Mountain House Homes For Sale, Keller Williams Tracy Mountain House, Short Sale