Top 5 real estate posts for Monday 5/18/2009
1) What to do when your bank won’t finance more than 4 properties (Even though Fannie Mae allows it) – Fannie Mae changed their policy in February to allow investors to finance up to 10 properties, but not all banks are honoring the change. Dan Green says if your bank doesn’t allow it there is an easy fix, find a new bank.
2) NAR punts on IDX decision – Here are two blog posts talking about NAR’s final decision to not yet make a decision on the IDX issue. MIBOR blocks change as appears on Agent Genius and NAR Board sends IDX policy back to committee from Bloodhound.
3) Choosing the right Realtor to sell your home – Ines Hegedus-Garcia takes a look at some great tips on choosing a real estate agent if you are getting ready to sell your home.
4) Phoenix real estate auction starts today – While this auction has passed there is still some good tips if you plan on buying a home at auction in the future. We had one home in this auction that sold yesterday, the home had previously been on the market for $25K, it sold at auction for $33K. Still think auction’s are the place for a bargain?
5) Listen to your stager, not your heart– Kris Berg takes a quick look at using stagers to sell your home in a competitive market. The biggest piece of advice, just listen to the stager, they are the pro.
