Top 5 real estate posts of the day 5/29/2009
1) Foreclosures: Read the fine print – Heather Barr takes a look at some language in bank addendums which accompany every foreclosure sale. I agree as agents we need to be careful and read these addendums closely, but the bad part is if you want to amend it, the bank would rather just cancel the deal.
2) Buyers twice as likely to search for open houses online than in print – We all felt it, but here is evidence.
3) Credit score key to mortgage – Some good basic credit score advice for buyers.
4) Words to avoid in real estate – A fun list of some short phrases you may find yourself saying.
5) Case Shiller Index – Price reductions reflect continued decline – Some good information, but one thing to remember is Case Shiller numbers tend to be a few months old, and at least in the Phoenix market, things have changed a lot in the last two months.
BONUS
6) Friday Fun – Not real estate related, but on a real estate blog and its worth a watch.
