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I just updated my website. See what sold in the Lyons Park community of Pompano Beach, FL during the month of January 2011. There were five closed sales during January. The prices ranged from $81,000 to $180,000. See the update here. Tom Day, Remax in Read More...
Myth #7 – Buyers are Not Interested in Short Sale Properties This is a myth that potential sellers hear all the time. Thankfully, this is just not true. In fact, many agents are getting calls from buyers who say they only want to look at foreclosure Read More...
Myth #5 – Short Sales are Impossible and Never Get Approved This is a complete falsehood. Are short sales more difficult to execute? Yes. Do you, as a homeowner, need to learn about a new process? Yes. Are they impossible? Absolutely not. For example, Read More...
I recently watched an interview of Kim Dawson, of Bank of America. The purpose of the interview by Alex Charfen, of the Distressed Property Institute, was to show that Bank of America really wants to be more cooperative with their borrowers who are upside Read More...
Myth #4 – Listing My Home as a Short Sale is an Embarrassment It is understandable to have reservations about letting the buying public know that you owe more on your home than it is worth. However, according to recent estimates, more than one out Read More...
Myth #3 – There is Not Enough Time to Negotiate a Short Sale Before My Foreclosure This is a myth that probably hurts homeowners the most. Many do not realize that foreclosure is a process, and that there is time to make decisions that may result Read More...
Myth #1 – The Bank Would Rather Foreclose than Bother with a Short Sale This is one of the most common misconceptions. The reality is that banks do not want to foreclose on your property because the foreclosure process is incredibly costly. Banks, Read More...
The most common question I get as a Realtor is "How is the market?" The only way to answer that question is "that depends on your perspective". Are you a buyer, a seller, a renter, a landlord or other investor (flipper), or an agent Read More...
FOR RELEASE: IMMEDIATE For more information, please contact: Tom Day 954-895-2431 tomdayremax@gmail.com www.TomDayProperties.com Thomas Day Earns Prestigious Designation to Help Homeowners in Danger of Foreclosure Pompano Beach, FL – Aug 1, 2010 Read More...
Short Sale Myths A short sale can be an excellent solution for homeowners who must sell and owe more on their homes than they are worth. Unfortunately, a number of myths about short sales have developed, and it is important to understand the reality of Read More...