Real Estate News and Commentary
news, commentary, and opinion
by Dan Krell © 2009 (Home Buyers Beware)Nothing can hurt a real estate transaction more than a home that doesn’t appraise to the contract price. In this depreciating market, I have heard many colleagues bemoan the “low-ball” appraisal. For a listing agent, a low-ball appraisal doesn’t just mean the possibility of losing a home buyer …
Continue reading “Is there a duty to disclose recent low-ball appraisals?”
by Dan Krell © 2009www.DanKrell.com A tale of two markets As signs of economic stabilization are being reported throughout the world, markets begin to show signs of activity. Global housing markets have also reported increased activity and signs of a stabilizing real estate market. Julia Werdigier recently reported in a recent New York Times article …
Continue reading “Market stabilization or evidence of a two tier market?”
by Dan Krell Google+ As list prices of many single family homes have been reduced, many home buyers find themselves weighing the option of purchasing a townhome versus purchasing a single family home. The numerous options create a dilemma for home buyers, requiring them to think twice about their home requirements, lifestyle and long term …
by Dan Krell You may find it odd that a Realtor is talking about mediation; after all I am not an attorney. Although a majority of real estate transactions close without incident, many are very happy endings indeed (no pun intended); disputes do arise. Many disputes between home buyers and home sellers get resolved through …