Thursday, September 17, 2009

Greenwich Real Estate News - Tips for Pre-Marketing your Home for Sellers

When you are planning to sell your home but have not put up that for sale sign yet or listed your home, marketing is still an important and necessary step. The first step to good marketing is getting the word out there and this is even important when the house is not on the market yet. Doing some pre-marketing may help to sell your home faster and may save you time and money in the long run. Here are some pre-marketing tips for selling your home to help get you started.

Tell your friends, relatives and even your neighbors

Your friends and neighbors may have people they know that might be interested in buying your home or they may even be interested too, plus your neighbors know about the location and may even know about your home so they can help spread the word.

Put an ad on the internet

Even if this not an official real estate listing, getting buyers interested now may help the selling process go easier for everyone later. Try websites such as craigslist, zillow, or even Google to post a pre-listing.

Make up flyers and post them around work or surrounding neighborhoods.
We all have seen those whole made garage sale signs; well this is the same thing. Put up flyers around your work or neighborhoods near by to let possible buyers know that you will be listing your home very soon.

Make a checklist and plan
It is a good idea to make up a pre-marketing plan and the things that you want to include. It is also a very wise idea to keep your real estate agent informed about every step of this plan. That way it will make selling easier for everyone.

It is never too early to market the selling of your home. Getting the word out about your home before it is put on the market can especially help when you need to sell your home quickly or you want to do a short sale. This can help take some of the burdens and worries off of you for later on. This way you can just focus on your new life and future in a new home.

Tuesday, September 8, 2009

Greenwich Real Estate News - Custom Built Rental



Distinction in craftsmanship and landscaping infuses this gracious 100% complete brick & natural stone New Construction with an elegant presence....

View Property

Wednesday, September 2, 2009

Greenwich Real Estate News - FHA Is Having Busiest Year Ever

About 25 percent of all new mortgages are backed by the Federal Housing Administration in what will probably be the busiest year yet for the federal agency.

Applications for FHA mortgages rose 50 percent from last October through mid-August 2009 and approvals for purchases, refinancings, and reverse mortgages rose 70 percent to 1.67 million.

FHA loans “are one of the most important sources in this market,” says Mark Zandi of Moody’s Economy.com. “Without FHA, the housing slide would be much more severe. We wouldn’t be talking about a recovery now. We’d still be talking about a crash.”

Some analysts are concerned about the risk the FHA has taken on, but others point out that borrowers with FHA-insured loans now have an average credit score of 690, compared to 630 two years ago. Borrowers with a credit score below 500 must come up with a 10 percent down payment.

Source: USA Today, Stephanie Armour (09/02/2009)