Sherwin Sucaldito

Sherwin Sucaldito

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312.254.0200      Contact Me
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Showing 1 - 6 of 34 blog posts

Differences Between Distressed Properties


Monday, 22 Nov 2010 at 11:09 am

I’ve had several inquiries from readers asking what the difference between a traditional resale, short sale and foreclosure was.  There are only a few minor differences between them, but these differences could drastically alter the scenario, whether you’re a home buyer or seller.

 

 

Planning properly for the specific property type and scenario can expedite the process and avoid costly delays.  

 

 

Entire post at ”Distressed Differences” and is covered under the license permissions posted in the original writing featured at http://realtyevolved.net. 


Greenbuild 2010


Sunday, 21 Nov 2010 at 06:11 pm

I attended the Greenbuild International Conference and Expo last week at McCormick Place West.  There were an astounding number of information, demonstrations and seminars that took place. 

 

I will be following up with many of them and will provide information on new technology and best practices for continued sustainability of your home.  I think many would be very surprised on the materials and cost for some things.  Looking forward to it! 


Categories: Lifestyle Home owners

Stressed Buying Distressed?


Sunday, 21 Nov 2010 at 06:07 pm

When a buyer purchases an REO property (based on the terms of their contract), they are afforded time for due diligence.  The purchaser would be allowed to perform inspections on the property and discover any potential issues that may affect the transaction.

 

However, depending on the terms, and if the property has been repossessed by the bank, sometimes there are no disclosures provided.  This leaves more responsibility for buyers during the discovery process.  How can you protect yourself? 

 

 

Posted at ”Departed Disclosures” and is covered under the license permissions posted in the original writing featured at http://realtyevolved.net. 

 


Free Yourself


Wednesday, 13 Oct 2010 at 06:50 am

Many major lenders are freezing foreclosures.  Current sellers may benefit in the short-term from fewer foreclosures on the market, which account for large percentage of transactions currently.  RealtyTrac estimates that distressed sales account for a third of the residential real estate market, and depressing home prices by about 26%.

 

How much will this affect current inventory and pricing.  Read the full post at Realty Evolved.  

 

Excerpt from ”Reform and Protection” is covered under the license permissions posted in the original writing featured at http://realtyevolved.net. 


Added Costs


Wednesday, 13 Oct 2010 at 06:47 am

 

Interesting things are happening.  Buyers are overwhelmed by the large inventory of motivated sellers, short sales and REO properties.  In some cases, buyers are purchasing at a large discount of what neighbors have paid a few years ago.  However, there are some additional costs to consider that may be overlooked when buyers get too wrapped up in just the purchase price alone.

 

Consider these additional costs which could affect your overall purchasing strength.  

 

Excerpt from ”Added Costs” is covered under the license permissions posted in the original writing featured at http://realtyevolved.net. 


Here's a CLUE


Wednesday, 13 Oct 2010 at 06:44 am

With the substantial inventory of REO properties on the market, many purchasers have the opportunity to purchase well below market.  However, with properties empty for periods of time sometimes homes fall into disrepair, or fall victim to theft or vandalism.  Either of these could be determined during the initial viewing, home inspection or even the final walk through.

 

Learn how to protect yourself from items that may not appear on your inspection report.  Read how at Realty Evolved

 

 

Excerpt from ”Get a Clue” is covered under the license permissions posted in the original writing featured at http://realtyevolved.net.