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HomeRun Homes is a centralized marketplace which helps people Find or Sell a Rent to Own Home, both Nationwide and Globally to the thriving Rent to Own Market. http://www.lease2buy.com
Showing posts with label foreclosure auction. Show all posts
Showing posts with label foreclosure auction. Show all posts

December 12, 2011

Occupy Foreclosure Homes Hits Multiple Cities

Hi Folks,
   It's been a short while since we spoke, as I have had some unforeseen personal issues develop in my life over the past few weeks, but things are clearing up and the posts will start getting back on track for you!

   Unless you have been living under a rock for the past few months, I'm sure that when you turn on your TV, you keep hearing the same word over and over; "Occupy". Just slip a location after it, and you have Occupy Wall Street, Occupy Oakland, etc. Up to this point, the Occupy movement has been done in a Public fashion (Public Parks, etc), however, as it was recently discussed in a Newsday article from The Associated Press ("Occupy protests move to foreclosed homes"), Occupy protesters across the country are "reclaiming foreclosed homes and boarded-up properties", which they write, is "signaling a tactical shift for the movement against wealth inequality".

   These are not isolated incidents.

   Apparently, in excess of 25 cities were "occupied" by these groups who were protesting "on behalf of homeowners facing evictions". Jeff Ordower, one of the organizers of Occupy Homes, was quoted as saying that "It's pretty clear that the fight is against the banks, and the Occupy movement is about occupying spaces. So occupying a space that should belong to homeowners but belongs to the banks seems like the logical next step for the Occupy movement".

Some of the areas that the groups were protesting in were:
* Seattle: The article says that Seattle "has become a leader in the anti-foreclosure movement as protesters took over a formerly boarded-up duplex last month. They painted the bare wood sidings with green, black and red paint, and strung up a banner that says "Occupy Everything - No Banks No Landlords."

* Atlanta: At a Foreclosure Auction at a county courthouse, what was called a "boisterous rally", took place, along with "whistles and sirens to disrupt an auction of seized houses", per the story. The Occupy Atlanta spokesman, Tim Franzen, said that "We don't know how many homes we saved for one more month during the holiday season", and added that, "It was kind of a Christmas gift to the people."

* New York: Protesters marched through a residential neighborhood in Brooklyn carrying signs that read "Foreclose on banks, not people", per the Story.

* Southern California: In another familiar protest, the "protesters rallied around a family of six that reclaimed the home they lost six months ago in foreclosure".

* Portland: The home of a woman that was defiant about leaving that home, Deb Austin, was the site of a press conference. Austin, who's is facing foreclosure next March, per the AP Story, vowed to stay in her house until authorities take her out. The reason she fell behind was the result of both her cancer diagnosis, and also job loss.

   It appears that these protests will keep regenerating across the country, and perhaps the upcoming Election year will fan the flames even more. One such "desired result" could potentially be the use of abandoned foreclosed houses "that could be housing people", say the protesters.

   This will all remain to be seen, but it certainly is not a headline that will be dropping off the radar any time soon. What do you think?

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Have a Great Week, and Happy Rent-to-Owning !
Rob Eisenstein
HomeRun Homes Blog: http://blogging.lease2buy.com
HomeRun Homes Websites: http://www.lease2buy.com and http://www.homerunhomes.com

TAGS: #OccupyWallStreet #foreclosedhomes #homeownersfacingevictions #ForeclosureAuction #residentialneighborhood #banks #Seattle #Atlanta #NewYork #Portland #Elections #California

January 28, 2011

10 Things NOT To Do When Selling a Home

Good Morning,

   I'm glad we all made it through another week together, and Friday is here!

   Today, we're going to take a look at "NOTs", so basically, 10 things to "NOT" do when selling a home, as the title says.

Jacquie Cliff, a Real Estate Broker with Champions Real Estate Service, provides the following "Do NOTS":

#1 "Never hang around buyers while they are viewing your home."
#2 "Don't let your animals run free while buyers are going to be in the house"
#3 "Don't move someone into your vacant home without telling the listing agent"
#4 "Don't wait until the last week before the foreclosure auction to list your home for sale!
#5 "Don't list your home with the agent that says they can get more money for your home than anyone else"
James Whalen, a Sales Associate with Gloria Nilson Realtors, suggests to "NOT" do the following:

#6 Do NOT, "reach even "a little bit" higher than what your house is worth. Research, research, research to determine exactly what your home demands and then price accordingly...anything even slightly above market value will be branded overpriced and get stale in the market fast, forcing reductions below what you wanted in the first place"

Joanne Cleaver, a freelance writer, provides the next "NOT" for agents who are selling homes:

#7 Do NOT, "try to get the buy side and the sell side of the commission.", and from a particularly bad experience, she says, "They deny it" but, "They are so desperate for income"

Allen Murray of Logic Realty Group, provides our final 3 "NOTs":

#8 Do NOT Be emotional. As Murray says, "This is a business transaction. Do not get offended with suggested sale price by your agent and/or low ball offers from buyers. A good agent is looking out for your best interest in the end and buyers in this market are told to test the waters. If you get to emotional, you could miss out on selling your home in a timely fashion."

#9 Do NOT get greedy, says Murray, and that, "Depending on your area values have dropped as much as 50% over the last 5-6 years. If you are fortunate to have equity in your home and MUST sell, be fair and take what you can get"

#10 Do NOT have a closed mind. Murray says that, "This market can be challenging if you are closed to ALL the options available to you to help your selling situation. If you can not get a particular price for your home, consider a lease w/option to buy. Think about it, foreclosures are at an all-time high and families still need places to live." Murray provides an example: "If a family had an adjustable mortgage at 6% 1,200/month payment (never late) and then it adjusts to 8-10% and a $1,500/month payment, guess what? They are not dead-beats, they just cant afford a $1,500/month payment!!! Your payment maybe $1,000/month, so you have a potential of $200/month additional income."

Do you agree with these "NOTs"? Have we missed anything?

Has this NOT been confusing (sorry - I just couldn't avoid that one!)

Have a Great Weekend, and Happy Rent-to-Owning !
Rob Eisenstein
HomeRun Homes Blog http://blogging.lease2buy.com
HomeRun Homes Website http://www.lease2buy.com

TAGS: #foreclosureauction #optiontobuy #mortgage