If you want to improve credit score results, you should first gain an understanding of how credit scoring works and what process must be taken to bring improvements.
Several months ago, I launched a case study with "John Smith" (a fictitious name for an actual client of Joe Manausa Real Estate), to determine if it was possible to improve credit score numbers by using a credit repair company.
Like all specialties, you don't necessarily pay somebody because you cannot do it yourself, you consider hiring somebody because they might be able to do it faster or better or perhaps they will just save you a whole lot of time and effort.
Today, we interview John Smith to find out his impressions of the credit repair company he hired to improve credit...
New lis pendens filings in Tallahassee fell 17% in July when compared to July 2012, and foreclosures rose 66%.
The continuing decline in new lis pendens filings is exciting, as we continue to seek lower levels in order to progress in the resolution of distressed properties.
The blue line in the graph below shows that 3/4 of all filings are ending up in foreclosure sale, indicating falling success with short sales due to the speed of approval of the bank.
Tallahassee Foreclosures Filings July 2013
Tallahassee Foreclosures Filings July 31, 2013: This is a list of properties that received a lis pendens filing in Tallahassee, for the week ending 7/31/2013. Most of the properties on this list will eventually show up in our market as short sales or as a foreclosure sale at the Leon County Court House.
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There's not a lot of lots for sale in Tallahassee according to most homebuilders, and this should mean that lot and land prices should rise as demand returns to the Tallahassee real estate market.
I was asked by a fellow Realtor to provide an update on lot and land sales, and today's post provides a positive view of where we are seeing homesite sales heading.
Reader Question About Lots For Sale In Tallahassee
Recently, I received the following note from a reader:
Hi Joe, I really enjoy your articles and usually read them daily. I did take your advice and listed my land. You used my question in your ...
There is still an abundance of homes for sale in Tallahassee, Florida, and interest rates are still highly attractive for buyers who want to take advantage of a market in their favor.
Currently, there are just over 2,000 homes for sale in Tallahassee, Florida, with roughly half of those located in the northeast quadrant of Leon County.
Additionally, the Tallahassee MLS has another 1,000+ homes listed in counties other than Leon.
Shopping Homes For Sale In Tallahassee Florida
One thing that seems fairly common among homebuyers...
If Florida State University were to teach Home Buying 101, then the first lesson would be about the importance of preparation.
Too many people start the home buying process simply armed with a few rules of thumb and a quickly gathered list of homes for sale from the internet.
But the Tallahassee real estate market does not forgive the under-informed, and that is why some buyers are finding themselves missing the boat in the best buyer's market ever.
The Critical First Lesson In Home Buying
Recently, a buyer sent a basic list of "needs" and "wants" to her ...
One of our homes for sale in Tallahassee is a finalist in a competition to find the ultimate outdoor living space.
Of the millions of real estate listings around the country, WaterOak Plantation on Thomasville Road has been selected as one of the final 12 homes in the contest.
You can help us win by simply visiting the Unique Homes Website and voting for WaterOak Plantation (property #6).
Ultimate Outdoor Living...
Before you put your home up for sale, make sure you identify the success rate for home sellers like yourself.
This will help you prepare your negotiation stance to mirror your market position.
And if you don't think this is important, then you will likely be like the 41% of home owners who failed to sell their home last year!
Identify The Success Rate For Home Sellers
In order to calculate the success rate for home sellers with homes similar to yours, you first have to identify the areas and homes that truly are/will...
I received another reader question today from somebody who wants to buy a home after a short sale.
This topic is one that will start to get a whole lot of national attention, as millions of people who normally own a home will be branded as "unlendable" for a period of time.
It is the primary reason that I am writing a series of articles about credit repair for homebuyers and what people need to do to get back into home ownership.
To Buy A Home After A Short Sale Requires Time
I received the following question from "LE":...
I recently received a question from a reader about when you should put your house on the market in order to be moved by a certain time.
First of all, I love these types of real estate questions because they keep our content current and focused on the real issues that our readers are seeking.
Secondly, I love questions about the home selling process, because it is quite different than it was during the years prior to the creation of the internet (thanks Al Gore).