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Our Competitive Advantage
Support Staff - Training - and the tools
offered to our Associates
What's in
the news!!
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Eagles,
As part of our RE/MAX 365, mark your calendars NOW for the LIVE
"Town Hall Meeting" set for April 14th!
We will have Dave Liniger and Margaret Kelly live on RSN at 2pm
for an in-depth discussion with foreclosure, short-sale and REO
expert, Nancy Freeman.
They'll speak with RE/MAX Associates across the network who've
found success meeting the needs of clients facing foreclosure.
And you'll be able to participate in a Q&A segment by e-mailing
or calling the show.
You'll find out how to enter the foreclosure market and how to
connect with clients who need a trusted professional to support
them through the process.
RE/MAX 365 - a RE/MAX International initiative to help you
succeed in any market - focuses on linking you to resources that
help you put clients at the center of your business.
See you at this event!!!!!
Chuck |
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Inquiries from
all over the world
RE/MAX Regency has
a company focus on the Internet, and marketing properties all
over the world. In the past month, we have had our web
sites, and our listings viewed by people in every state of the
United States. Around the world, we have also had exposure
in the following countries (in the order of exposure):
Canada, Ireland,
United Kingdom, Germany, Belgium, Mexico, France, Croatia, New
Zealand, Bahrain, Australia, Italy, Portugal, Russia, India,
Switzerland, Venezuela, Colombia, Lithuania, Vietnam, South
Africa, Nigeria, Guam, Ecuador, and Puerto Rico.
This exposure is
just what we have done as a local office, your RE/MAX
Connection. Yes, RE/MAX International is offering a global
presence, with offices all around the globe. This is our
efforts over and above RE/MAX International. |
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Real Estate
Market Continues to improve
WOW, our Internet activity,
showings, home sales are all continuing to INCREASE! We
are now tracking a 70% increase over last month!! And
everyday, we are seeing more and more activity. We
anticipate this growth to continue as everyone starts to learn
how affordable homes have become. Lower interest rates
coupled with lower prices have made this a spectacular market,
one we have not seen for a buyer in over 20 years!!. |
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Fauquier
Times-Democrat Article
Incase you missed it, there was a
nice article on the local housing market in the paper.
There were five REALTORS quoted, Joyce Carter, and Michelle
Perkins with RE/MAX Regency, and Julia Foard Lynch and Patti
Brown of Long and Foster, John Coles of Thomas & Talbot.
Here is a link to the article:
http://www.fauquier.com/news/2007/dec/12/buyers-should-find-market-enticing/ |
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Real Estate
Market Continues to improve
Our Internet activity continues to
leap! Already for the month of December, our buyer
inquires have increased by 58%. Every day, we are seeing
more and more activity. All this activity is converting to
sales. We expect to see this activity continue to build as
we move into the new year. This will cause a drop in our
record inventory levels, so if you are in the market for a new
home, hurry before the best selection of homes is gone. |
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Grantor's tax
set to increase effective January 1, 2008
The "Regional Congestion Relief
Fee" imposed on the sellers of real estate is sent to commence
with the new year. This fee will raise the existing
grantors tax from $1 per $1,000 of sale price to $5 per $1,000.
This fee will be imposed in the following Northern Virginia
jurisdictions: Arlington, Fairfax, Loudoun, Prince
William, City of Alexandria, City of Falls Church, City of
Manassas and City of Manassas Park. |
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The home foreclosure saga continues
3,300 Home
Closings PUT ON HOLD
As the real estate
market changes, we have new issues to be aware of. The
latest, INVALID FORECLOSURES. In our normal course of
business, with our affiliated title company,
EnTitle Settlement
Services, we have uncovered a problem with a large number of
foreclosures in our area. In this matter, the attorneys
office handling the banks business, has not handled foreclosure
procedure correctly. We do not know how many homes this
will effect, but what we are to understand is that there are
3,300 pending sales to new homebuyers that will need to be put
on hold until this issue is resolved. The question is, how
many unknowing Purchasers have bought foreclosed homes, who may
now not hold a valid title to the property, and how many homes
are currently being marketed that have the same flaw?
What can you do if you are thinking about buying a foreclosed
home?
Many of the banks
that are selling their foreclosed homes are pressuring the
Purchaser to use THEIR attorney for the closing. THIS IS
THE FATAL FLAW. Who do you think the attorney will be
looking out for more, you, or the mortgage company that is
giving them thousands of homes to foreclose on? As a
Purchaser of one of these properties, choose your own title
company to facilitate your purchase. This way, you know
your interests will looked after! |
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Fannie Mae has
announced added fees and stricter guidelines for all new loans
beginning in March. The announcement by Fannie Mae is
targeting loans with less than 30% down payment. It
appears that Fannie will impose added fees between $1,500 and
$6,000, charge higher interest rates and have stricter
guidelines for approval. These changes are due to Fannie's
recent cash crunch. |
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