Douglas Trudeau , Assoc. Broker
Prudential Foothills Real Estate
64 N. Harrison Road, Suite 160
Tucson , AZ 85748
Mobile: 520-954-2209
Contact Me
Archive for August, 2007
President Bush Addresses Fed Assistance For Subprime Homeowner
August 31st, 2007 categories: Real Estate News
Earlier today President Bush addressed the sub-prime crisis and what the Federal Government plans to do to help homeowners at risk of losing their homes.
The comments I liked were:
Bush said, “It’s anything but modest if you’re one of the families affected.
“I plan to help homeowners, the government’s got a role to play,” Bush said. “But it’s not the government’s job to bail out speculators or those who made the decision to buy a home they couldn’t afford.”
For some it will definitely be too late. However, for every home saved it is another American allowed to live the American Dream of owning a home. Not everybody will or should be helped. But, there are a lot who just got caught up in the current leading to Niagra Falls. This is a step in the right direction if planned and prepared correctly. My worry is the abuse that will occur from some less than honorable people that will deny some who deserve the help.
More Reading
- President Bush Announces Plan To Help Quell The Tide Of Subprime Foreclosures
- FTSE ends up on Bush mortgage plans
- Bush and Bernanke to launch twin subprime assault
Authored by Doug Trudeau | Discussion: No Comments »
What Does Tucson Home Buying Have In Common With Golf?
August 31st, 2007 categories: Tucson Real Estate
In my article comparing home selling to golf I used a game for the analogy. For Buyers I think relating to the equipment is a better analogy.
Golf
You need an easy college credit at your local community college. Golf seems innocent enough. You’ll just take the class and move on to more important classes. Right? Not that easy. Golf can be addicting. I know.
So, you sign up for the class show up to the golf course and expect the instructor to supply the clubs. Not quite. You need to either buy or rent some clubs. You don’t know if you are going to like this game so renting makes the best sense.
Tucson Home Buying
You’re out of your parent’s house. You’ve graduated from college. You got your first real job. Your career is lying before you. You need a roof over your head. You haven’t saved up much. Who ever saves in college. You decide to rent until you are ready to buy.
Authored by Doug Trudeau | Discussion: No Comments »
What Does Golf and Selling A Home Have In Common?
August 29th, 2007 categories: Tucson Real Estate
As a golfer I see a lot of similarities between golf and different aspects of life. There are so many good books out there about golf that relates to life. Everything from Zen For Golf to Fairways of Life. Both of which I have read and recommend.
As a Realtor I started looking for how golf and real estate compares. What does selling a home and golf have in common?
Stepping up to the tee unprepared without practicing you have no idea where the ball is going to go. You want it to fly straight down the fairway and not land in a divot. You may even want a slight draw or fade to take a bend in the fairway out of the picture. You hope that the dreaded slice or hook don’t come into play. On some courses you could end up in the next fairway on the other side of the trees, in the desert or in a water hazard. A few practice swings, step up to the ball, breathe in, breathe out, start the back swing, and…
Authored by Doug Trudeau | Discussion: 4 Comments »
7 More Ways To Keep Your Home From Selling
August 28th, 2007 categories: Tucson Real Estate
Back in April I wrote my first blog, 10 Ways to Keep Your Home From Selling out of nervousness and to break the ice. To date it has been the most read blog I have written. Sometimes you just have to laugh with all the negative media. That has brought me to add seven more things sellers can do to keep their home from selling in Tucson’s real estate market. Here we go:
- Ignore the market, statistics, trends and reality in a Buyers Market. Insist on a set price and remain 90 to 180 days behind the market by refusing to reduce the price to a marketable level. Relate actions to that of an oil freighter in the ocean. It takes miles to make a turn. While a speed boat reacts quickly.
- Place your home on an already saturated market with expectations that buyers are going to see your home first without doing anything to make it stand out just because.
- Put terrible pictures on the Internet. Better yet, wait a week to put those terrible pictures on the Internet.
- Provide a telephone number that nobody answers or has been disconnected.
- Never leave the house when buyers want to see it. Make sure you stay so you can watch them closely.
- Expect the buyer pool to increase as more mortgage companies close and more media hype down grades the market.
- Insist that your Realtor not install a sign in the front yard. Go one step further, change the numbers on your house. Let the buyers guess at where your home is.
Considering the tough market we are in, I hope this provides a few laughs for everyone. Feel free to add to it.
More Reading
- Seven Steps For Selling Your Home
- Who Wants To Know How To Attract Buyers To A Listing?
- 7 Ways To Sell You Home In A Buyers Market
- Price, Price, Price. What are some sellers thinking?
Authored by Doug Trudeau | Discussion: 3 Comments »
Home Buyers Wanted!
August 27th, 2007 categories: Tucson Real Estate
I had a dream last night that I was standing on the street corner with a sign saying, “Home Buyers Wanted.” It was too real. With the scare we see every day on the news about the real estate market, it makes it tougher for Sellers to sell their home. For a few months I have run statistics on home sale for specific communities for my Buyers. I like seeing trends to give both sellers and buyers a comprehensive idea of what the market it doing in their area to help them with their decision making.
I suspected early that everywhere was experiencing a decrease in value. NOT TRUE. Some areas are being hit harder than others, but, not every neighborhood has seen prices decrease. Some have flat lined and others have seen a very slight appreciation. What does this mean to Buyers and Sellers? We’ll get to that shortly.
Authored by Doug Trudeau | Discussion: 1 Comment »
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