Real Estate Reality

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Real Estate Broker/Owner - Riverbend Realty, Cape Girardeau, MO - 2004008944
ABR, GRI, buyer's rep, seller's agent, relocation, REO, foreclosure, HUD listings, Fannie Mae listings
RECENT BLOG POSTS
Who owns the appraisal, the pest inspection report, the radon report, the whole house inspection report? Buyers and/or homeowners often believe that they do. Ownership would infer that they can then pass on that report to other parties. A homeowner who plans to list her house may have various ins...
11/11/2013
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When one agent guesses or outright makes up facts for a Broker Price Opinion, somebody down the line has to pay. That somebody may be the homeowner who is trying to arrange a short sale, a loan modification, home equity line of credit, or a refinance. Of course,  a low valuation would harm the ho...
11/09/2013
"Based on the information you have provided, I am proud to tell you that I see no reason that we cannot approve your application for a home loan." This loan letter from a real, live loan officer has so many holes in it that it is completely useless. In fact, we cannot even tell if a loan applicat...
11/08/2013
At times, the seller will require the buyer's agent to provide a copy of the earnest money check, especially with the purchase of a foreclosure property.  Seems innocent enough, doesn't it? When you email a copy of a check, however, you may not realize that you are putting your client in jeopardy...
11/05/2013
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Especially on Facebook, I'm seeing lots of daily posts about thankfulness. Some of those posts get a little bit redundant maybe even boring as the people get into the month--yeah, I know that makes me the Grinch of the season. But speaking of seasons I really AM grateful that I live in the part o...
11/04/2013
Septic tanks always create special situations, especially when the ground fails a perk test. I had a listing not too long ago that had that very issue. The backyard had been compacted by previous owners as they were attempting to dig a lagoon. That process rendered the backyard completely unusabl...
11/03/2013
I am often amazed at how some women are mesmerized by expensive purses and by women's dependence on them. During my teaching years, I relied on the district-issued lesson planner to be my all purpose planner, sometimes with sticky notes or paper-clipped notes added to the pages. Once I became a t...
11/02/2013
Question: "I bid today on a Fannie Mae REO property in FL that came on the market 2 days ago just to find out that they had already accepted an offer... I suspect something is shady with this listing. Can you please give me feedback about what I can do? I thought that Fannie Mae properties should...
11/01/2013
Karen Anne Stone, AR member extraordinaire, has been struggling since open heart surgery in mid-August. I spoke to her several times prior to her surgery, but I have not heard from her since the surgery. My heart goes out to her, and I ask that all AR members would keep Karen in your thoughts, an...
10/15/2013
Dear Patti, I envisioned myself as being on an enclosed, rapidly moving merry-go-round that slowed only a bit, never stopping. Only occasionally did the opportunity to jump off come around, and I had to be ever watchful to spot the fleeting slit, open only for a micro-second and often not aligned...
09/03/2013