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Giving a Notice to Perform

When the buyer or seller is not following the stipulations of the contract, you can issue them a Notice to Perform. Once this Notice is given, they will have a certain amount of time to make the required action or you can cancel the contract. The new Residential...

Backup Offers on Short Sales

Someone asked me today if it made sense to make a back up offer on a short sale. I think it’s a good idea. Short sales can take an average of 4 to 6 months to get lender approval. Several lenders are currently rolling out new systems in hopes of delivering short...

May’s Trivia Question. Win a $25 gift card!!!

If you are the first person to answer the question correctly, you will win a $25 gift card from your choice of the following: Coffee Bean, Starbucks, Home Depot, Target or Barnes & Noble. Here’s the question. (Post your answer below): What is a short...

Negotiating on Overpriced Listings

When negotiating with an unrealistic seller, it helps to gather as much information as possible. You want to know at what price the seller purchased the property. How much money, if any, did he put into the property? Are there any specific circumstances that have led...
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