Posted by Annalisa Burgos | June 12, 2009
With so much drama in the world, there’s no better time than now to step back and take a breath. It’s easy to get caught up with the stress and emotion of buying and selling a home. That’s why FrontDoor Insider Tara-Nicholle Nelson is sharing her solutions and strategies to deal with today’s frustrating real estate situations, like getting rejected for a mortgage or facing foreclosure after losing a job. It’s all in Tara’s Drama-Free Real Estate Guide at www.frontdoor.com/dramafree.
To spread the word about these great tips and advice, Tara and the FrontDoor team took it to the media — with the important message that now is not the time for consumers to panic (and it’s easy to with all the negative headlines), but rather they should be proactive.
Posted by Annalisa Burgos | June 11, 2009
RealtyTrac’s May foreclosure report is out, and as usual, the news is grim. Foreclosure activity is up 18 percent from a year ago. Even worse, most real estate experts are warning us about “shadow foreclosure inventory” which is set to hit the market later this summer. Oh yeah and the unemployment rate is at 9.4 percent. So if you think we’ve hit the so-called “bottom,” think again.
The good news is that President Obama’s stimulus plan seems to be working. Lenders are now more willing to work with struggling homebuyers to refinance or modify their loans or negotiate short sales, in which a house is sold for less than what the borrower owes and a portion of the loan balance is forgiven by the lender. Why would they do this? Because the federal government is giving them money to do this, and besides, better to sell and write off the loss now than deal with the foreclosure process and try to sell a property in crappy condition. I spoke to a short sale expert for Coldwell Banker in San Diego, Troy Huerta, who has some great insight and advice on the subject. Stay tuned for my blog post on that.
Meanwhile, FrontDoor Insider and Freak Out Prevention Specialist Tara-Nicholle Nelson is spreading the word about her Drama-Free Real Estate Guide, which provides concrete solutions to some of the most common issues consumers are facing today. Just in time! Situations like losing your job and trying to make your mortgage payment. Or you got preapproved and suddenly your lender says “no money for you.” Yours truly will post a vlog later taking you behind the scenes of our media tour.
Posted by Annalisa Burgos | April 28, 2009
I’m trying to buy a condo in Manhattan and you know that’s nothing but drama. Running around the city via subway and cabs. Dealing with sellers who haven’t accepted the reality of the market. Trying to get financing with loan terms I want. And hello! Did you know New York City has the highest closing costs in the country, averaging $4,016, according to a survey by Bankrate?! DRAMA!
Well, now there’s a guide for anyone tired of the stress of buying, selling or financing a home. (drum roll please)
Introducing the new “Drama-Free Real Estate” series on HGTV’s FrontDoor.com. FrontDoor Freak-Out Prevention Specialist and real estate expert Tara-Nicholle Nelson offers more than 100 timely stories and tips to help you take the drama out of your homebuying, selling and financing experience. Check it out at: http://www.frontdoor.com/dramafree
Tara’s breaks down the “Top 10” action steps, strategies and insider secrets you must know; offers “Don’t Freak Out” tips to tackle the main sources of frustration; and shares her experiences and lessons learned with real-life clients in “Been There, Done That.”
If you’ve got drama you can’t handle, consult Tara’s guide and leave a comment here. We want to hear about it!
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