Search Results for buyers tag:searchlightcrusade.net,2020:/mt//feed/buyers 2020-08-08T23:44:48Z Movable Type 4.21-en 363 1 363 Low Asking Price on Unfinanceable Properties tag:www.searchlightcrusade.net,2011://3.5044 2020-08-05T14:00:00Z 2020-08-05T16:26:34Z Dan Melson http://www.searchlightcrusade.net/ At any given time, I will usually have at least one set of clients who really need to consider a condo or townhome who nonetheless have their hearts set on a single family residence. I agree to include single... The Future of Real Estate Agency is Expert Consultants, Not Controlling Market Access tag:www.searchlightcrusade.net,2009://3.4841 2020-08-04T14:00:00Z 2020-08-04T15:26:18Z Dan Melson http://www.searchlightcrusade.net/ Expertise and attitude, not control of an informational chokepoint, is the way that things are going. Let's analyze this from both sides of the problem. The current owner looking to sell really needs a marketer. For better or worse, most... Buyer's Markets Are A Great Time For Moving Up tag:www.searchlightcrusade.net,2009://3.4840 2020-08-03T14:00:00Z 2020-08-03T14:56:37Z Dan Melson http://www.searchlightcrusade.net/ I have said repeatedly that buyer's markets are not the time to be selling a property if you have any choice. There is one exception: People looking to turn around and buy a more expensive property. If you're looking to... Full Service Agent For Discount Price? Demand Specifics! tag:www.searchlightcrusade.net,2009://3.4839 2020-07-30T14:00:00Z 2020-07-30T14:11:32Z Dan Melson http://www.searchlightcrusade.net/ There is no such thing as a free lunch, but lots of people will pretend there is. It seems to me that many people consider compensation earned by real estate agents as paying some kind of toll. They think of... Real Estate and the Tale of Aesop's Dog (Greed Envy) tag:www.searchlightcrusade.net,2009://3.4836 2020-07-27T14:00:00Z 2020-07-27T12:17:58Z Dan Melson http://www.searchlightcrusade.net/ At a very young age, my parents bought me a book of Aesop's Tales. Aesop has gone out of style, probably because these are stories with a moral lesson, and it seems the modern society is actively averse to moral... Facts Of Life On Buying and Selling "Without an Agent" tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2445 2020-07-20T14:00:00Z 2020-07-20T13:16:49Z Dan Melson http://www.searchlightcrusade.net/ I saw your article on on Searchlight Crusade about exclusive buyers agents and I have a couple follow up questions pertaining to my own situation that I am hoping you could shed some light on. I don't have any... Automated Underwriting In Pre-Qualification or Pre-Approval Letters tag:www.searchlightcrusade.net,2011://3.5043 2020-07-14T14:00:00Z 2020-07-14T11:46:46Z Dan Melson http://www.searchlightcrusade.net/ It has become a trend for real estate agents who think they're being "smart" to require an automated underwriting approval. These are automated underwriting programs from Fannie Mae and Freddie Mac saying that Fannie or Freddie will buy the... Dual Agency: Using the Seller's Agent as Your Buyer's Agent tag:www.searchlightcrusade.net,2007://3.3727 2020-07-12T14:00:00Z 2020-07-12T09:41:32Z Dan Melson http://www.searchlightcrusade.net/ Is it unwise to use the listing realtor as your purchase realtor? A house I'm interested in purchasing is being sold by the realtor selling my house. Although she's done a decent job selling my house, I fear she... Should I Buy A Home? Part 2: Process tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2423 2020-07-10T14:00:00Z 2020-07-11T11:37:06Z Dan Melson http://www.searchlightcrusade.net/ Continued from Part 1: Preparation I am considering buying a home, although I have not made up my mind on the subject. This is not due to indecision, but rather due to a lack of necessary information. There are many... Should I Buy A Home? Part 1: Preparation tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2422 2020-07-09T14:00:00Z 2020-07-11T11:37:20Z Dan Melson http://www.searchlightcrusade.net/ I am considering buying a home, although I have not made up my mind on the subject. This is not due to indecision, but rather due to a lack of necessary information. There are many factors to be considered... First Time Buyer Programs and Multi-Family Housing tag:www.searchlightcrusade.net,2009://3.4826 2020-07-08T14:00:00Z 2020-07-08T13:55:19Z Dan Melson http://www.searchlightcrusade.net/ Can I qualify for first time home buyer financing if I buy a duplex and live in one and rent out the other? I thought if I bought a duplex, lived in one side and rented out the other would... Two Things Sellers Need To Understand About Buyers tag:www.searchlightcrusade.net,2011://3.5042 2020-07-07T14:00:00Z 2020-07-07T15:35:36Z Dan Melson http://www.searchlightcrusade.net/ There's an old saying in sales: "The best way to achieve your dreams is to help others achieve theirs". I wasn't able to run it down to the original attribution, but it is as true a saying as can... Which Makes More Difference To Your Future - Buyer's Agent or Listing Agent? tag:www.searchlightcrusade.net,2009://3.4824 2020-07-06T14:00:00Z 2020-07-06T12:24:11Z Dan Melson http://www.searchlightcrusade.net/ Having done both, there's no question in my mind. For the average person and the average transaction, the buyer's agent makes a lot more difference. In the aggregate, a good buyer's agent has the opportunity to make a lot more... Buying Without An Agent - My Own Experience tag:www.searchlightcrusade.net,2009://3.4822 2020-07-04T14:00:00Z 2020-07-04T16:15:51Z Dan Melson http://www.searchlightcrusade.net/ I had the idea for this article some time ago. It took me a long time to decide to share it publicly, because quite frankly, knowing what I know now, I was an idiot. I was still young enough to... "Contractor's Specials" tag:www.searchlightcrusade.net,2009://3.4813 2020-06-27T14:00:00Z 2020-06-27T20:05:56Z Dan Melson http://www.searchlightcrusade.net/ I was looking through some real estate listings and saw one property described as: "Contractor's special, first time buyers and investors. House needs TLC." Does contractor's special mean u better be a contractor if you wanna buy this place? It... Why All The Fuss Over Real Estate Transactions? tag:www.searchlightcrusade.net,2007://3.3687 2020-06-22T14:00:00Z 2020-06-22T13:32:05Z Dan Melson http://www.searchlightcrusade.net/ Why doesn't real estate just sell for the asking price instead of having to go thru all the paper work...? Wouldn't it be easier to just put a price on it and sell it for that price? We don't... The Era of Make Believe Loans and The Law of Unintended Consequences tag:www.searchlightcrusade.net,2009://3.4809 2020-06-20T14:00:00Z 2020-06-20T12:52:57Z Dan Melson http://www.searchlightcrusade.net/ One of the things I've heard and read other agents complaining about is that they can't find qualified buyers to represent. Welcome to Unintended Consequences 101. The way that the market had been working is this: Young, often unmarried, buyers... How to Avoid A Repeat of the Housing Market Mess tag:www.searchlightcrusade.net,2009://3.4805 2020-06-16T14:00:00Z 2020-06-16T15:18:19Z Dan Melson http://www.searchlightcrusade.net/ Scapegoating mortgage brokers or anyone else is not the answer, nor is prohibiting yield spread. We've been here before (in the early 1990s), congress did something remarkably similar except a little bit more sane. It didn't work then. Why would... Mortgage Transaction Case Study tag:www.searchlightcrusade.net,2009://3.4800 2020-06-08T14:00:00Z 2020-06-08T14:27:06Z Dan Melson http://www.searchlightcrusade.net/ Note: This article was originally published November 2007, when rates were higher than currently I had been corresponding irregularly with this gentleman during his hunt. It happens he lives outside of California, and I only work inside California, so... Some Offers Are More Equal Than Others (Even If They Are For Less Money) tag:www.searchlightcrusade.net,2011://3.5039 2020-06-07T14:00:00Z 2020-06-07T14:01:39Z Dan Melson http://www.searchlightcrusade.net/ The phrasing in parallel with Animal Farm is intentional. Sellers need to understand this, and so do buyers, especially in a hot real estate market. Some offers are more equal than others, and knowing how to choose between competing...