Reverse Mortgage Information: November 2009

Selling my home - planning is key.

Recently I listed and sold my home.  My agents (my sister and nephew) came to the listing appointment with more than just forms.  They had a plan.  Beth was all about the "time line" and guided us on paper from preparing for the open house, to reviewing offers, to packing and moving - she drew it all out for us. Each of us knew who was responsible for doing what and when. 

By creating a detailed marketing plan, action list and time line we created the future we wanted.  Beth even predicted the final sales price within less than 1%!   With clear instructions we were calm, educated sellers and knew exactly what was expected of us.

I'm recomennding the written timeline and action plan to all listing agents so that their sellers too will feel confident and clearly know what is expected of them; and what they can expect from their realtors.

I know, it seems like such a simple thing, but in this world where everyone is an expert, many just wing it cause they know they can handle the glitches.  I say, "Make a plan, execute it, and AVOID the glitches"  Sounds like a sure way to get referrals and a great reputation.  That's got to be good for business.

©  

 ButtonButton

By Deborah Nance

Your Local Southern California Reverse Mortgage Professional

Button

Free Upcoming Classes to Educate Troubled Homeowners!
share
Save these dates! Let your friends, neighbors, coworkers and family know that if they have questions about their home and the process of foreclosure, loan modifications, short sales, and deed in lieu of foreclosure that they need to be at this… more
Reverse Mortgages - Information Straight from HUD's Website
share
http://www. hud. gov/offices/hsg/sfh/hecm/hecmabou. cfm FHA Reverse Mortgages (HECMs) for Consumers The Home Equity Conversion Mortgage (HECM) is FHA's reverse mortgage program which enables you to… more
Seniors 62 & Better Can Finance a New Home with A Reverse Mortgage.
share
HECM - Home Equity Conversion Mortgage) We pronounce it "Heckum" FHA defines "HECM for Purchase" as a real estate purchase where title to the property is transferred to the HECM borrower, which the borrower will occupy as a principal residence,… more
What to Do About the Economy? Patronize Small Businesses & Donate…
share
I've been reading posts, listening to the news and the talking heads and I have an idea. Not an original one to be sure. But one worth posting. Small business seems to have been completely left out of any economic stimulus, with the government… more
Snapshot of a Reverse Mortgage
share
What Is Reverse Mortgage? ( edit / delete ) Reverse Mortgages are a type of home loan. Most reverse mortgages are a HUD/FHA insured home loan that allows you to liquidate some of your equity in order to payoff existing mortgages as well as… more
12 Terrific Things to Do in Riverside California
share
When all the relatives show up for the holidays this year, I'll be ready with lots of fun things to do! Via Vicki Pedersen - Riverside and Corona CA Realtor (Pedersen Real Estate) : Here is a list of some of my favorite things to do in Riverside… more