Home Selling

The End of the Sub-prime Housing Market

Author: R Chandler Smith Recently the most buzzed about event in the real estate universe, the quick end of the sub-prime mortgage industry. Ok, that is a tad exaggerated. The sub prime market isn't gone, just much more strenuous than it has been in the last five years. Prior to last week, as long as you had a job and weren't in jail you could get approved for a mortgage loan. Suddenly, with much stricter lending policies, many sub-prime borrowers are discovering they are either unable to refinance their houses or unable to purchase a property at all. Is this just the shockwave of the housing bubble bust? During the housing boom that ended in 2005, funds were given without thought into exotic mortgage loans that let people to purchase property with little down or without verifying their incomes. This was the gasoline that stoked the housing boom fire. Mortgage companies were completely aware of what they were doing all along. They had no justification offering some of their loa

The Importance of Home Staging in Austin

Author: Jim Olenbush Austin, Texas is one of the hottest real estate areas in the country. As with many major markets, sellers are always looking for the competitive edge in selling their properties and in turn, buyers are always looking for that special something that sets a home apart from the others. Different sellers have different takes on what is required in a home sale but one thing is for certain, selling a home is a presentation and should be handled as such. Poorly presented homes can be a nightmare for realtors and heartbreaking for the seller themselves who may not know why their home is not presenting as it should. In such a situation the realtor should confer with the seller and advise them on the necessary changes. Of all the things one can do to improve their home's presentation the most simple thing is cleanliness. From the top to the bottom and every corner and niche in between the home should be clean enough to eat off of. Homes should present as if nobody l