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October 2013 Blog Posts (10)

Properly Evaluating a Potential Investment Home

How to properly evaluate a potential investment property

photo credit: Håkan Dahlström via photopin cc
photo credit: Håkan Dahlström via photopin …

Added by Michael Collins, CDPE, SFR on October 31, 2013 at 9:17am — 2 Comments

Short Sale or Deed in Lieu and the Impact to your Credit

Many people have no clue what happens or if anything happens to their credit when they complete a short sale. Truth is, many people just don’t know however, some really great articles are out there about this very topic and yet, so many questions still exist.

The first article I want to draw your attention to is notably an older article however, based on all the chatter I hear on a daily basis about how a deed in lieu or short sale will impact your credit, I really think this article…


Added by Jesus (Jesse) Gonzalez on October 28, 2013 at 2:18pm — 2 Comments

Milton Wisconsin Home Sold

Just Sold! 1303 E Koshkonong Dr, Milton Wisconsin 53534

We are happy to announce a recent home closing in Milton, Wisconsin. Although, this bank owned home may be a tear down, the lot and location really were ideal. Being just steps away from Lake Koshkonong made this REO property a super buy, listed at just $34,650. Congratulations to our Rock Realty buyer,…


Added by Michael Collins, CDPE, SFR on October 22, 2013 at 2:28pm — No Comments

Top Renting Out Tips for First Time Landlords

Deciding on renting out your home or condo is no easy task. It requires patience and perseverance, and a lot of responsibility. You do not just find a tenant and let it be. You need to ensure that you obtain the right person to rent out your place at a rate you specify. However, if you play your cards right, renting out your place and…

Added by Pam Maglione on October 21, 2013 at 2:39pm — No Comments

Short Sale Home Sold in Madison Wisconsin

Just Sold! 1817 Anhalt Dr, Madison Wisconsin 53704

We are happy to announce a sale for another Madison Wisconsin Rock Realty home seller!

This home was the perfect little tri-level on Madison's East Side. The buyers got a great price on this bank accepted short sale. Congratulations to the buyers and our sellers on this successful Madison short sale transaction!

If you are…


Added by Michael Collins, CDPE, SFR on October 21, 2013 at 12:36pm — 1 Comment

Thinking of Short Sale Flipping.....Think Again?

Thinking of Short Sale Flipping?….Think Again.

In an Article in the Los Angeles Times Business paper, written by E. Scott Reckard published on-line 10/16/2013 @ 6:15am cst, he reports that a former Bank of America Corp. employee Kevin Lauricella was arrested on federal charges for accepting bribes in the amount of $1 million to allow homes to be sold far below their market value.

Based on the report, it appears that Kevin is indicted on 18 properties where he allegedly allowed…


Added by Jesus (Jesse) Gonzalez on October 18, 2013 at 9:09am — 14 Comments

Essential Home Improvements for Property Resale Advantage

Are you planning to sell your house or apartment? Would you like to know what can help boost your resale incentives? If you have finally decided to list your property up for resale, you might be inundated by friends or work colleagues on undergoing notable changes to boost results. Though some people may find it easier to sell their homes “as is”, this idea does not apply if you want to gain more out of your hard-earned investment. You do not really have to spend a fortune if you wish to…

Added by Pam Maglione on October 15, 2013 at 10:39am — No Comments

HSBC Bank Policy Designed to Destroy Homeowners who want to Avoid Foreclosure.

HSBC Bank Policy Designed to Destroy Homeowners who want to Avoid Foreclosure.

I currently have a client who has two liens on his home. The first lien is with HSBC and it’s a conv. fixed rate 30 year mortgage. The second lien is with US Bank and it’s a Home Equity Line of Credit. In order to avoid foreclosure, my client originally approached both lenders and requested a Deed-in-Lieu however, the lenders advised him to complete a short sale. He finds me, we list the…


Added by Jesus (Jesse) Gonzalez on October 8, 2013 at 5:02pm — 11 Comments

Wisconsin August 2013 Housing Statistics

Counties of WI The Wisconsin housing statistics are in for August of 2013. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

Home sales and median prices both grew at a healthy pace in August, continuing the hot real estate market in Wisconsin. Existing home sales were up 13.7 percent in August compared to last August, closing out a very strong summer for home sales and 26 straight months of sales growth.…


Added by Michael Collins, CDPE, SFR on October 3, 2013 at 3:45pm — No Comments

Home Renovations That Don’t Add Much Value to a Home

These home renovations tend to not pay back your investment.

photo credit: Jeremy Levine Design via photopin cc
photo credit: Jeremy Levine Design via photopin …

Added by Michael Collins, CDPE, SFR on October 3, 2013 at 11:09am — 2 Comments

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