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IF YOU ARE LOOKING FOR THAT SPECIAL HOME, THIS IS THE PAGE FOR YOU! The Schmidt Team specializes in Grants Pass and the surrounding areas in Josephine County. We also work areas of Jackson County, particularly Rogue River, Gold Hill, Central Point, Jacksonville, Medford, Eagle Point, and Phoenix. Lately we have also added Glendale, Sunny Valley, Roseburg, and other parts of Douglas County. If the town you're interested in isn't listed here, please email us and we'll get you the information that you want for that town or area.
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Tim and Nancy Schmidt, Real Estate Brokers HOME SEARCH
The Schmidt Team specializes in Grants Pass and the surrounding areas in Josephine County. We also work areas of Jackson County, particularly Rogue River, Gold Hill, Central Point, Jacksonville, and Medford. Lately we have added Glendale and other parts of Douglas County. We have now added a new tool for Buyers. This online tool allows buyers to access any Multiple Listing Service in Oregon! We love it and Buyers do too! If you are interested, please contact us via telephone or email (See Contact page.) We'll set you up and you can view potential homes 24/7, whenever you desire!!
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WHEN CONTINGENCIES HALT NEGOTIATIONS! With the amount of time that homes are sitting on the market climbing, more practitioners are facing real estate deals that are contingent on the buyer selling a current residence. But before accepting a contract contingency, Apple Valley, Minn.-based REALTOR® Steve Fiorella urges sellers to determine whether the buyer "is marketing their home aggressively and pricing it accurately." Buyers might want to indicate their commitment to the purchase by reducing the price of their existing home to ensure a speedier sale, Fiorella says. However, real estate practitioner Faith McGown says buyers would be in a better position if they sell their current residence prior to making an offer. McGown suggests that those who need a contingency might want to make a full-price offer to compensate for having a contingency. Fiorella recommends they offer more earnest money - some of it nonrefundable. from LAKELAND LEDGER (Florida), Aimee Blanchette, 6/23/07
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7 TIPS FOR FORECLOSURE PROPERTY INVESTING With foreclosures rising nationwide, prices falling, and inventories swelling to historic levels, investors with a discerning eye and knowledge of the foreclosure process can build a profitable portfolio of distressed properties, says James Saccacio, CEO of Realty Trac, which tracks foreclosure data. Saccacio offers this basic advice to foreclosure investors: Know your market. The most important tool in your real estate investing toolbox is knowledge of the area where you plan to invest. Develop an appropriate investment strategy. Find an investment strategy that will work in your market, and then do what it takes to implement that strategy. Make the foreclosure process work for you. Decide what foreclosure buying technique works best with your investment strategy and your strengths as a person. Scrutinize each deal. Many real estate investors wrongly assume that if a home is in foreclosure it's a good deal. Rely on a trustworthy team. You'll be in over your head if you try to do all the work involved in foreclosure investing on your own. Network with banks and lenders. In a slow real estate market, banks and other lenders are saddled with larger inventories of foreclosed properties and will be more motivated to sell those properties at bargain prices. Act QUICKLY, but don't be in a hurry. A slow real estate market gives you the upper hand as a buyer, but you'll still need to act quickly to get the best deals.
from REALTOR® Magazine Online
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