Affordable Homes and Foreclosure Tour
Date December 13, 2008
Time 1pm – 4 pm
The Affordable homes and foreclosure tour is meant to be a no pressure, fun and educational afternoon centered on answering questions regarding home ownership. We will provide rent v/s buy scenarios, and share tax advantages associated with home ownership. We will have refreshments while we visit 4 homes currently on the market. 2 of these homes will be bank owned foreclosures. We will talk about the advantages and pitfalls associated with buying a bank owned property. There will be a lender, a certified home inspector, and an appraiser on hand to provide education and answer questions. Pete Spencer, Broker/Owner of Realty Executives of Lebanon will be guiding the tour with help from his partner, Broker/Owner Julie Allen, we anticipate everyone will have an enjoyable time.
Itinerary
1:00 Meet at Realty Executives of Lebanon, load the Luxury Shuttle
1:10 Depart for home #1 – Education – Agency relationships
1:20 Arrive at home for viewing and refreshments. A lender will give a short presentation on rent v/s buy scenarios.
150 Depart for home #2 (Foreclosure) – Education – Foreclosure process
2:00 arrive at home for viewing – Education – What to look for in a vacant home
2:20 Depart for home #3 (Foreclosure) – Education – Buying a foreclosure, what to expect
2:30 Arrive at home for viewing – Education – Resale, appreciation, and equity
2:50 Depart for home #4 – Education – The contract and earnest money
3:00 Arrive at home for viewing and desert. A home inspector will give a short presentation on the importance of a home inspection. An appraiser will give a short presentation on FHA/VA/USDA requirements for a home.
3:40 Depart for Realty Executives of Lebanon – Education – What to expect from your REALTOR - Questions and answers
4:00 Arrive Realty Executives of Lebanon - Depart
Sign up for the tour!
Archive for November of 2008
Join us for the Affordable Homes and Foreclosure Tour
November 25, 2008Weekly Market Report 11-14-08
November 14, 2008
This report pertains to residential homes on less than 10 acres sold from Nov 7th to Nov 13th as reported by the Lebanon Board of Realtors MLS.
Over the last week there were 3 homes sold for a total of 276 thousand. The average price of these homes was 92 thousand with the median price at 80; these homes had an average time on the market of 148 days. There are currently 9 homes listed as under contract in the Lebanon MLS and those homes have an average price of 94,000.
Year to date there have been 229 homes sold, that’s down from last years 293 during the same time frame, the average price is 113,000 thousand dollars, which is just under 115,500 for 2007.the YTD volume of 25.8 million is under last years 33.8 million. Our average time on the market this year has been 136 days, that’s below last years 144 day average.
As of this morning there were 373 homes with less than 10 acres, listed with the Lebanon MLS compared to 374 last year in the same week. The average asking price is 146k with median asking price of just about 121; these homes have an average time on the market of 147 days.
Well with thanksgiving coming up I want to take this opportunity to thank the many people we have had chance to work with this year, for their trust in us and their faith that we could help them accomplish their real estate goals. We have experienced a great year assisting buyers and sellers. We have also had many of our past client refer our services to friends, family and colleges and that more than anything is a compliment we are thankful to receive. We also want to thank all of the members of the Lebanon Board of Realtors, without your willingness to work with us we could never fulfill our goals as we have. Throughout the last year we have had many people express gratitude to us for doing our part to provide quality and accurate real estate information to the residents of Laclede County and we especially want to thank those who have gone out of their way to remind us of why we do this. We do this because we want to be a resource for buyers and sellers so they can accomplish their real estate goals. From all of us at Realty Executives we wish you the best thanksgiving ever, and we hope you take the time to cherish your family and appreciate all that we have in our great country.
Over the last week there were 3 homes sold for a total of 276 thousand. The average price of these homes was 92 thousand with the median price at 80; these homes had an average time on the market of 148 days. There are currently 9 homes listed as under contract in the Lebanon MLS and those homes have an average price of 94,000.
Year to date there have been 229 homes sold, that’s down from last years 293 during the same time frame, the average price is 113,000 thousand dollars, which is just under 115,500 for 2007.the YTD volume of 25.8 million is under last years 33.8 million. Our average time on the market this year has been 136 days, that’s below last years 144 day average.
As of this morning there were 373 homes with less than 10 acres, listed with the Lebanon MLS compared to 374 last year in the same week. The average asking price is 146k with median asking price of just about 121; these homes have an average time on the market of 147 days.
Well with thanksgiving coming up I want to take this opportunity to thank the many people we have had chance to work with this year, for their trust in us and their faith that we could help them accomplish their real estate goals. We have experienced a great year assisting buyers and sellers. We have also had many of our past client refer our services to friends, family and colleges and that more than anything is a compliment we are thankful to receive. We also want to thank all of the members of the Lebanon Board of Realtors, without your willingness to work with us we could never fulfill our goals as we have. Throughout the last year we have had many people express gratitude to us for doing our part to provide quality and accurate real estate information to the residents of Laclede County and we especially want to thank those who have gone out of their way to remind us of why we do this. We do this because we want to be a resource for buyers and sellers so they can accomplish their real estate goals. From all of us at Realty Executives we wish you the best thanksgiving ever, and we hope you take the time to cherish your family and appreciate all that we have in our great country.
Weekly Market Report 11-07-08
November 07, 2008
This report pertains to residential homes on less than 10 acres sold from Oct 31st to Nov 6th as reported by the Lebanon Board of Realtors MLS.
Over the last week there were 2 homes sold for a total of 119 thousand. The average price of these homes was almost 59 thousand with the median price the same; these homes had an average time on the market of 84 days. There are currently 10 homes listed as under contract in the Lebanon MLS and those homes have an average price of 101,000.
Year to date there have been 225 homes sold, that’s down from last years 283 during the same time frame, the average price is 113,700 thousand dollars, which is just under 114,700 for 2007.the YTD volume of 25.5 million is under last years 32.4 million. Our average time on the market this year has been 137 days, that’s almost the same as last years 143 day average.
As of this morning there were 368 homes with less than 10 acres, listed with the Lebanon MLS compared to 371 last year in the same week. The average asking price is 148k with median asking price of just about 124; these homes have an average time on the market of 147 days.
Well with the elections over it seems as though some buyers are back in the hunt, activity has definitely increased and lots of people were out looking at homes this week. There seem to be a lot of strong opinions about the recent election results and that only goes to prove that as Americans we are people of freedom and we will continue to have that spirit regardless of the political climate. One of the greatest freedoms Americans have is the freedom to own land, to have property that is yours to do as you please. The freedom to buy low and sell high, or to keep what s yours and build the home of your dreams. Most of the wealth that Americans enjoy comes from land and home ownership. Owning land or just your own home allows you the possibility of creating equity which translates to wealth and leverage, allowing you to capitalize on growth opportunities if you know where to look. There are many ways to make real estate ownership profitable but in all those ways 3 key factors required for success; The first is financial, know where you stand, do you have cash? Will you leverage another property, do you have the capacity to borrow? The second key is to have clearly defined goals. The third and most important is advise, find a trusted advisor who can help you define a goal and find financial solutions to meet that goals. There is no get rich quick sceam in real estate, it takes hard work and perseverance, but in the end, “under all is the land”
Over the last week there were 2 homes sold for a total of 119 thousand. The average price of these homes was almost 59 thousand with the median price the same; these homes had an average time on the market of 84 days. There are currently 10 homes listed as under contract in the Lebanon MLS and those homes have an average price of 101,000.
Year to date there have been 225 homes sold, that’s down from last years 283 during the same time frame, the average price is 113,700 thousand dollars, which is just under 114,700 for 2007.the YTD volume of 25.5 million is under last years 32.4 million. Our average time on the market this year has been 137 days, that’s almost the same as last years 143 day average.
As of this morning there were 368 homes with less than 10 acres, listed with the Lebanon MLS compared to 371 last year in the same week. The average asking price is 148k with median asking price of just about 124; these homes have an average time on the market of 147 days.
Well with the elections over it seems as though some buyers are back in the hunt, activity has definitely increased and lots of people were out looking at homes this week. There seem to be a lot of strong opinions about the recent election results and that only goes to prove that as Americans we are people of freedom and we will continue to have that spirit regardless of the political climate. One of the greatest freedoms Americans have is the freedom to own land, to have property that is yours to do as you please. The freedom to buy low and sell high, or to keep what s yours and build the home of your dreams. Most of the wealth that Americans enjoy comes from land and home ownership. Owning land or just your own home allows you the possibility of creating equity which translates to wealth and leverage, allowing you to capitalize on growth opportunities if you know where to look. There are many ways to make real estate ownership profitable but in all those ways 3 key factors required for success; The first is financial, know where you stand, do you have cash? Will you leverage another property, do you have the capacity to borrow? The second key is to have clearly defined goals. The third and most important is advise, find a trusted advisor who can help you define a goal and find financial solutions to meet that goals. There is no get rich quick sceam in real estate, it takes hard work and perseverance, but in the end, “under all is the land”
New Real Estate Listings
November 06, 2008
$ 229,900 Lebanon Spacious Home on 10 Acres - 4 bedroom 2 bath 2400 sqft 10 acres
$ 159,900 Lebanon Wonderful Location - 3 bedroom 2 bath 1700 sqft 0.35 acres
View More Of Our Missouri Real Estate
$ 159,900 Lebanon Wonderful Location - 3 bedroom 2 bath 1700 sqft 0.35 acres
View More Of Our Missouri Real Estate
