Blogs
My Personal BLOGS
- BLOG from Google.
- Blog on Trulia
- Active Rain:
FACEBOOK - look up Andrea McGilvray - or http://www.facebook.com/andrea.mcgilvray
TWITTER - follow me!!! cowgirlcapital
Q/A
IS it a good time to sell?
As long as the playing field is the same there is not good or bad time to sell as long as the property is priced to sell. Put yourself into potential buyer's shoes, look / view as a buyer your competition and then you can make a educated decision on if it is the right time and what to list it for. A professional Realtor can help you along this process!
The local Economy in Bandera County, Texas is not the same as the rest
of Texas. The prices have not dropped and sellers are not liquidating.
Many land owners according to the Ranch Land loan companies inlcuding
Local Small Lenders like Hondo National Bank and Bandera Bank are not
seeing hardly any forclosures. Reason!! They have 20% down from the
owner and the owner is not in the same up/side down situation when you
only have 3 or 0% in it.
Raw land is staying the same in price with actual possibilities of
increasing in value from last year. Also single family homes are
priced to sell but a buyer cannot come in with a 25-50% offer and have
the seller accept it.
Short Sales are also not plenty full here in Bandera County..
There are only (as per SABOR MLS February 18, 2010) Only 5 Potential Short Sales!
AND 58 properties currently that are assumable loans, Owner Finance and Contract for Deed financing terms!
Great Information from Texas These are just a few updates.
Podcast 18: Dotzour Flags Economic Landmines
2/10/2010
Chief Economist Dr. Mark Dotzour visits the Red Zone to talk about landmines the U.S. economy faces on its way toward recovery. Also, hosts Bryan Pope and Edie Craig talk about the latest happenings in Texas real estate, plus they give a special "shout out" to Texas towns with a Valentine flair. (26 min. 15 sec.)
Podcast 17: Shock Treatment: Negotiating Transmission Line Easements2/3/2010
Real Estate Center attorney Judon Fambrough visits the Red Zone to talk about transmission line easements and what they could mean for Texas landowners. Also, hosts Bryan Pope and Edie Craig travel around the state covering the latest real estate news. (28 min. 39 sec.)
