by Matt Baggett | Aug 16, 2011 | Matt's Anecdotes
http://youtu.be/yCge4O_XUe8 Do you know anyone that is upside down on their home AND that is undergoing or will be undergoing a financial difficulty? Give me a call. I am training with the Distressed Property Institute to help people navigate through the tricky...
by Matt Baggett | Aug 8, 2011 | Matt's Anecdotes
Last week’s 30 year mortgage’s were at a low of 4.39%. Then the downgrade of America’s credit happened on Friday, August 5. Today the market did not respond well to the President’s press conference at all and the NYSE plummeted to the close at...
by Matt Baggett | Aug 4, 2011 | Matt's Anecdotes
I am taking continuing ed for my realty license and in the midst of my studies I see this about flood insurance: The typical 30-day waiting period for flood insurance coverage to become effective is waived if the building is in a Special Flood Hazard Area and the...
by Matt Baggett | Jun 22, 2011 | Matt's Anecdotes
I reported this fact back in February/March–but according to this article: http://www.usatoday.com/money/economy/housing/2011-06-21-all-cash-buyers-scoop-up-homes_n.htm It is a trend that has remained in place. People with money are recognizing that right now is...
by Matt Baggett | Jun 3, 2011 | Matt's Anecdotes
Many people don’t realize that if they go through a short sale or foreclosure that the forgiven debt from their mortgage “could” be a taxable event. In the opening salvos of the housing meltdown, I remember hearing OUTRAGE that someone who bought an...
by Matt Baggett | Jun 1, 2011 | Matt's Anecdotes
In a down market I hear that exact statement a lot. What is amazing to me is that we have historically low home prices right now AND historically low interest rates. This translates into the best time to buy in OUR LIFETIME. With hindsight, people will be asking...
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