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High summer - rainy day....perfect for writing this blog.  I had thought about doing an open house out at Ten Mile Point in part because it's the boat show this weekend.  Glad I didn't.  On days like these Alex and I would head for the movies from camp.  We'd stop at McDonald's - a rare treat - and avoid going back to the lake as long as we could.  Now I love days like this - if I start at the lake and don't have to think about going there.  Curl up with a good book, put on an old movie.  Or, like today, write my blog. Currently in the Skaneateles area of the multiple listing service there are 108 active single family listings.  Of these, 27 are in the Village and 30 are deemed waterfront. Ten new ones have come on the market since I wrote the last update - 22 days ago!  They range from a low of around $200,000 to a high about $600,000.  Only two are waterfront and only two are in the Village. There are 23 homes listed as under contract....

All you need to know about agents, listings, and home sales Real estate sales can be a confusing process for home buyers and sellers. Reading this brief article will help you understand the step-by-step process of a real estate transaction as well as the essential roles of real estate agents, brokers, and escrow professionals. Whether you are buying or selling a home or business, taking on a new mortgage, or looking to invest in real estate, you will be better equipped to succeed if you have good knowledge of the important terms and steps in a property sale. Real Estate: A Free Guide to Sales and Essential Terms Real estate sales can be a confusing process for home buyers and sellers. Reading this brief article will help you understand the step-by-step process of a real estate transaction as well as the essential roles of real estate agents, brokers, and escrow professionals. Whether you are buying or selling a home or business, taking on a mortgage, or looking to invest in real estate...

Creating an amazing future buying and selling real estate for profit How to write compelling letter's and postcard's that get seller's and buyer's to respond immediately. This topic seems to be the most challenging for most investors. I know when I first started this was a big hurdle for me. So we’ll start out with finding leads. I don’t know about you, but I want sellers calling me with properties for sale. I didn’t want to be the one calling them. I hear about investor’s cold calling the FSBO’s (For Sale by Owners) in the newspaper. I personally would rather have my finger nails pulled off trying to cold call a potential seller in the newspaper.  I’m not saying that calling on the newspaper ads wouldn’t turn up a deal or two. What I’m getting at, is you need specific questions answered in order to find out if this is a deal. How many sellers that you contact from an ad in the newspaper would give you their loan balance? Not too many. But if they call you off your mark...

How to take over existing properties "Subject To" the existing loans How to get Amazing Results Buying and Selling Houses for Profit I want to walk through subject to investing just to make sure everyone understands that this is your best strategy for making money investing in real estate in today’s market. Ok, first off let me explain exactly, what is subject to. Subject to investing is taking over the existing loan without paying the underlying loan off. When we take over loans subject to, the loan stays in place and the seller stays on title until we’re able to sell it sometime in the near future. Now, most new investors will ask how can you take over an existing loan that way and leave it in the sellers name when all loans nowadays have a due on sale clause? I get asked all the time…Won’t the lender call the loan due? Well, my answer is they certainly can. Will the lender call the loan due? Not likely as long as the payments are being made. The banks don’t want houses the...

You need an agent-and other fairy tales! Is private selling a mistake? A real estate agent doesn't think so and here's why.. Let’s be clear here – the author of this article is a real estate agent. Not a newbie either but with 10 years in the industry. As an agent I should despise private sellers or FSBO’s as they are called in the States. Right? The For Sale by Owners and myself should be sworn enemies yes? Natural born enemies like a dog is to a cat, like an lion relates to an antelope, we should be at each other’s  throats shouldn’t we?  Well actually…. no! I run a business that assists people to sell their own home without the need for a real estate agent and I’m here to dispel some myths once and for all. People, you have been hoodwinked….. To be precise you have been conned for the past 100 years. Agents want you to believe that you absolutely need them in order to get your property sold. They want you to imagine that you cannot possibly attempt the gargantuan task of se...

Odd how it's turning out that these are batches of 21 - but that's fine, because they are closings! And now, in no particular order, here they are: 1390 Coach Road - Town of Skaneateles - $405,000 28 Orchard Road - Village of Skaneateles - $251,000 3959 State Street Road - Town of Skaneateles - $289,895 1053 Jewett Road - Town of Skaneateles - $285,000 718 Sheldon Road - Town of Skaneateles - $430,000 4519 Jordan Road - Skaneateles Falls (Unincorporated Community) - $30,000 1 Highland Street - Village of Skaneateles - $142,000 3754 Fisher Road - Town of Skaneateles - $134,000 1275 Oak Bluff - Town of Skaneateles - $1,150,000 42 East Elizabeth Street - Village of Skaneateles - $305,500 3858 East Street - Town of Skaneateles - $164,900 50 West Lake Street - Village of Skaneateles - $816,000 2 Prentiss Drive - Village of Skaneateles - $570,000 2605 East Lake Road - Town of Skaneateles - $995,000 130 Locust Lane - Town of Spafford - $525,000 2445 East Lake Road - Town of Spafford -...

No, I have not gone to Alaska or Asia or Anywhere.  I have been here pounding the pavement with my buyers, hitting my cell phone constantly, and returning home way past when I should have gotten there.  All in a good cause - selling my listings and finding homes for my buyers. Currently there are 100 single family homes in the Skaneateles area of the multiple listing service.  Of these, 27 are in the Village and 28 are waterfront.  Seven new homes have come on the market in the Village since I last reported (June 1st!) and 5 new waterfront listings have appeared. Altogether 26 homes have been listed.  The lowest priced home is well into the lower $100,000. The high is almost 8 million (and yes, it is on the water.)  Three of the new ones are under $200,000 and four are above a million.  The median price is a relatively high $449,000. Fourteen properties have gone under contract.  The median list price for those homes is just under $300,000. We are...