Valerie Osterhoudt's Blog

head_left_image

SHORT SALES VS FORECLOSURES... HOW DO WE EDUCATE THE PUBLIC

Yes, I know this is a HOT topic today in real estate.  There have been quit a few blogs on this.  Today I  saw on NBC news how foreclosures have skyrocketed on the east coast for the first quarter this year.

The media ALWAYS seems to promote negativity.  After all this is what people gravitate to. How can we as realtors get the message out that doing a short sale is a lot more advantageous for the homeowner, then having the property go into foreclosure, if at all possible.

For example, a short sale will affect their credit for 3 years, where the foreclosure will for 7 years.

I've done quiet a few short sales in the last year in Middlesex County of Connecticut, and my clients are grateful that this was done verses going into foreclosure. 

I would hate to see people going through this, and would like them to know there could be an alternative.  Why doesn't the media disclose this too?

valerie osterhoudt

Info about the author:

Valerie Osterhoudt is a Cromwell Connecticut Residential Realtor who can assist you with the purchase and/or sale of real estate in the Middlesex County of CT, as well as the surrounding areas. Please visit me at www.CTrealtorMLS.com for all your relocation and/or local needs.

Valerie Osterhoudt, ABR - Johnson Real Estate, Inc. - 860.635.0387 #2 - valerierealtor@sbcglobal.net

Copyright © 2008 By Valerie Osterhoudt, ABR, All Rights Reserved...*SHORT SALES VS FORECLOSURES... HOW DO WE EDUCATE THE PUBLIC*

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Valerie Osterhoudt, ABR
(Accredited Buyers Representative)

Is a Full Time Realtor® with with Johnson Real Estate, in Cromwell, CT who specializes in Homes and Condos For Sale in the Middlesex and Hartford Counties in CT.

VALERIE OSTERHOUDT REALTOR IN CROMWELL CT

valerie osterhoudt

Valerie Osterhoudt, ABR ~Johnson Real Estate, Inc.
cell:  860.883.8889

email: Valerie Osterhoudt, ABR

website: www.CTrealtorMLS.com

 

Comment balloon 2 commentsValerie Osterhoudt • April 29 2008 08:53AM
SHORT SALES VS FORECLOSURES… HOW DO WE EDUCATE THE PUBLIC
share
Yes, I know this is a HOT topic today in real estate. There have been quit a few blogs on this. Today I saw on NBC news how foreclosures have skyrocketed on the east coast for the first quarter this year. The media ALWAYS seems to promote… more
28 YEARS LATER.. AND HISTORY IS ALMOST REPEATING ITSELF…
share
It is a cloudy day today here in Cromwell, CT and with this I am reflecting and remembering a time 28 years ago. Do any of you remember this? Twenty eight years ago, Jimmy Carter was president.. which I am sure some of you remember. Do you… more
MOVING IN CONNECTICUT?? WITH THE PRICE OF GAS, IT IS TIME TO…
share
MOVING?? With the price of gas, it is time to centralize in Connecticut. When thinking of moving within the state of Connecticut nowadays, you need to think about where will my home be compared to my job. How long of a commute will I have,… more
TIME TO REALLY GET TO KNOW YOUR REALTOR…
share
Have you ever wondered how realtors start in this profession? Here is how I did years ago… It took nearly 40 years to finally find a career that I love, and excel in. For over 20 years I worked in the financial field which I liked, but just… more
FURTHER SUGGESTIONS ON REDUCING GAS CONSUMPTION
share
With the gas prices going up, as we have ALL noticed. Today I found out two was to reduce gas consumption.. so I thought I would pass it along. Instead of just looking for the cheapest gas, and driving all over for this quick solution, how… more
COULD USE A SECOND OPINION
share
I have this cute and unique one bedroom loft for sale in Country Squire in Cromwell, CT. It is nestled in the woods, and has a lot of charm. In the days when there aren't that many buyers, I have had a lot of showings… more
IS IT REALLY A BUYER'S MARKET???
share
I recently had clients that fell in love with a home in Middletown, CT. After looking at it twice they put in an offer. The offer was twenty thousand less than what the property was bought for in 2006. My clients are smart, and knew that the… more
STAGING… MAKING THE BEST PRESENTATING
share
LOOKING TO OPTIMIZE YOUR HOME… STAGING IS THE WAY TO GO: To make your home it's most presentable, you might want to think about having it professionally staged by someone that has a trained eye. This is where your home would be in the most… more
EASY MONEY…
share
Even in a real estate market that is slow (but looks like it is picking up), I still get the comment from people saying "You must make a lot of money in real estate. All you realtors do, is open a door, and you get a check for $30k. " Now… more
Invest in your home wisely… when it comes to repairs.
share
When sellers have come to me to give them my opinion about renovating/or improving their homes to increase the property value before they list their home to sell. I usually recommend that they bring it up to *show worthiness* by putting their best… more