According to John Adams from The Georgia Real Estate Report, some ten million adjustable rate loans are slated to undergo a “rate reset” over the next three years, and millions of American homeowners are wondering how they are going to make the new monthly payments, projected to be as much as double their current monthly expense.

The home foreclosure rate has been increased consistently. It doubles from 20,286 in 2001 to 44,981 in 2006 in greater Atlanta area. The expected number of foreclosure homes will be more than 50,000 in 2007 in greater Atlanta area. I believe that the home foreclosure avalanche is just starting. I hope I would be wrong. But, it is coming!

If you are in following situations, you might be in great danger in this avalanche: Read more

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People do home remodeling for different purposes. Some remodel their homes in order for a better living space because they want to stay in their homes for a long time, and some do it as an investment for a good return or any other reasons.

But, when you consider doing remodeling your home in hope of selling your home for a better return, what is the first question you should ask?

The single most important one is that “Does the home remodeling payback worth the investment?” Or “Is this a good investment?” In the other words, what the return and cost ratio is, good or bad?

How well a remodeling project  pays back on its initial costs is dependant on many factors. You need to weigh at least some of the most important ones before you make your decision to go forward.

Here are some important factors you must consider before you start your home remodeling project in hope to sell it for a better return. Read more

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Bay Area home sales down nearly 10 percent in July - Bizjournals.com

28 Aug 2007 at 6:50pm

Bay Area home sales down nearly 10 percent in July Read more

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In my previous blog, I wrote about on how to stage your home inside and outside. Now you have done it and your home looks better than ever. You are excited and ready to show your home right now.

But, wait a minute. Like most home sellers, you stopped too early. Most home sellers mistakenly think that staging a home inside and outside nicely was the complete job of it. They don't know there are three additional key elements of the home staging.

I've only talked about the first component of home stage, in my previous blog. I’ve not told you the other three important components for the home staging . You only completed the first part of the four most important components of the home staging, that is, preparation. You’ve done it well. You should congratulate yourself for job well done!

Then, what are that other three important components of the home staging? Read more

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In my previous blogs, I wrote about right and wrong realtor, and the top 10 questions you must ask before you hire a realtor.

Now, after your search, interview, careful screen, and reference checking, you sign an agreement with a realtor who you think is the Mr. Right Realtor. Now, what should you ask your Mr. Right Realtor to do in order to sell your home fast and maximize your profit?

Selling a home is a business decision. You should treat it as business. Now, you should act as the business manager for this home selling project and the real estate agent is your contractor. You need to make right decisions and be able to tell your contractor to do what is necessary, and make sure every thing is doing right.

If you are an informed decision maker and knowledgeable project manager, the chance for your home selling project to succeed will be much higher. Does this make sense to you?

Then what your realtor must do for me in order to sell your home fast and maximize my profit?

Here are the top 6 things that your realtor must do for you and do well: Read more

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Pace of home sales declines - Los Angeles Times

28 Aug 2007 at 12:54am

Pace of home sales declines Read more

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I don’t know how many houses you have sold now. But, like most other people, this could be your first time Selling a home. With limited experience in real estate, how will you be capable of maximizing the profits from selling your home?

After some researches, you decide to hire a real estate agent to sell your home for you. However, you aren't sure what kind of agent to hire. It is a critical to hire a right agent for your success in selling your home.

A lot of home sellers make the critical mistake of thinking all real estate agents are the same. They list with agents without careful interview, screen, or checkup. Some of them possibly don't know how to hire a right real estate agent.

In my previous blogs, I wrote about what kind of agents are right and wrong ones. After reading that you will be able to tell a right agent from wrong one.

Right now, it comes out a question: What questions should I ask before I hire an agent during my interview with a real estate agent?

Here are the top ten questions to ask before your hire a realtor:

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July new home sales and durables orders rise - Reuters

24 Aug 2007 at 9:17pm

Sabah Read more