Dennis Toomey's (dennis2me) Blog

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Real Estate Agent - RE/MAX Action
RECENT BLOG POSTS
IL – Some people think that short sales represent a bargain in the real estate world. Some people have said that banks sell short sales for below market value because they want to avoid foreclosure. That isn't true. Yes, banks do prefer to sell a property in foreclosure as a short sale. They kno...
12/26/2011
IL – We have seen many instances where a short sale that should have been approved was denied. If your short sale realtor doesn't know what they are doing, then you might get stuck with a promissory note that you don't deserve. Click here to discover how other sellers successfully did a short sa...
12/26/2011
IL – The right agent can make the difference between success and failure on your short sale. You risk losing a lot when your agent doesn’t understand short sales. The short sale can be denied and the home foreclosed. Then you have to wait five years to buy another house. Or, the lender may ask y...
12/26/2011
IL – If you caught the show 60 Minutes on December 18th you may have been brought up to date with how dim the housing situation may be in many areas. It’s not so much that houses aren’t necessarily selling or that buyers aren’t looking; but instead they brought to our attention an alarming stati...
12/26/2011
IL – I read an interesting book. The author talked about persistence and how it helps you be successful. He told a story about phoning a call center. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. The first person he talked to told him that he coul...
12/26/2011
IL – Selling a home is part financial, part logic, and a lot of emotion. Everyone knows that feeling when you walk into the home that’s “the one”; you get that breath taking feeling, the butterflies in the belly and that instant view of your family sitting on that couch in front of the fireplace...
12/26/2011
IL – Short Sales are a situation that can often cause emotional turmoil as well as financial. It’s amazing how quick people are to judge others but times may be changing when it comes to today’s financial situations. We’re all feeling tough times. We all have seen local businesses close, people w...
12/26/2011
IL – No matter what the circumstances are when you’re selling your home, you want to get top dollar for it. For the potential owner it’s like their birthday, or Christmas, or Hanukkah. So, why not GIFT WRAP your home for them? As silly as that seems that’s exactly what you are doing when you are...
12/26/2011
IL – The Stop Foreclosure Institute recently received a question from James. Here is his question. "I am upside down by $300,000 on my home. I want to move, but I am concerned about having that $300,000 debt chasing me for the rest of my life. A friend mentioned I could get it wiped out in bankr...
12/26/2011
IL – While most people think of realtors as a person you turn to only when you’re buying or selling a home; many don’t realize that a realtor’s expertise in the housing industry can help you in other ways also. If you are facing possible foreclosure, turning to a realtor for help may be one of th...
12/11/2011
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