http://www.batonrougerealestatebuzz.com/ – Don’t Let ‘Floppers’ Flip Your Greater Baton Rouge House!

Housing Watch Dot Com has an interesting article on “Short-Sale Flopping“! Read the entire article here: Don’t Let ‘Floppers’ Flip Your House. Buzz has provided a few snippets below.

“Looking to get rid of a house that’s underwater? If you’re stuck with a home that’s worth less than your mortgage, you could be bait for a new scam that’s just starting to take hold called short-sale “flopping.”

A flopper drives down the price of your home so that the lender will allow the borrower to sell your home for less than it’s worth. “You have to have an appraiser involved for this [scam] to be successful,” says Griff Straw, president of Solidifi. Straw does not think “flopping” can be successful without an appraiser who’s willing to undervalue the property.

Once the flopper gets an agreement for the short sale he then finds a buyer (or may already have a buyer lined up) who will buy the property for thousands of dollars more. The lender takes the loss — and possibly even the homeowner who agreed to the short sale, if there wasn’t a protection against being sued by the lender for a deficiency judgment.

You could be left holding the bag for thousands of dollars if the short sale isn’t handled in a way that protects you from getting hit with a deficiency judgment. (That’s when the bank chases you for any shortfall.) You can be protected with a short-sale contract, but you need to work with a reputable real estate lawyer when you negotiate with the bank. So if someone approaches you with a quick deal to get out of your house, be cautious.”

Image Source: Getty Images and Housingwatch.com.

http://www.batonrougerealestatebuzz.com/ - Baton Rouge Real Estate Buzz: Video Update For July 2010.

Local Real Estate Agent and Broker, Tony Zito, delivers the July 2010 Real Estate Update. http://www.tonyzito.com/

Tags: baton rouge, baton rouge real estate, real estate baton rouge, baton rouge july 2010 update, baton rouge homes, baton rouge houses, baton rouge homes for sale, baton rouge fsbo, baton rouge for sale by owner, baton rouge video listings, baton rouge home video listings

http://www.batonrougerealestateappraisal.com/ – Baton Rouge Real Estate Appraiser Photos From Field: Haven’t Seen A Fixer Upper This Bad In A While!

I recently completed this home appraisal on this Baton Rouge home marketed as a “Fixer Upper”! It was more than just a fixer upper as this home wasn’t inhabitable nor would the City issue an occupancy permit.

WHY I ALWAYS RECOMMEND A “PRE-LISTING APPRAISAL“: Agent stated Living Area Error of 149 square feet! This home was listed at an “even” 1,500 sq. ft., which indicated to this appraiser that the home probably wasn’t phyically measured. With a Pre-Listing Appraisal from this appraiser, your home will be properly measured as is the standard you should expect from a local real estate professional…No Exceptions!

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]]> http://www.batonrougerealestateappraisers.net/baton-rouge-real-estate-appraisers/baton-rouge-real-estate-appraiser-photos-from-field-havent-seen-a-fixer-upper-this-bad-in-a-while/feed/ 0 http://www.batonrougerealestateappraisers.net/baton-rouge-real-estate-appraisers/greater-baton-rouge-real-estate-pre-foreclosure-driveby-inspection-process/ http://www.batonrougerealestateappraisers.net/baton-rouge-real-estate-appraisers/greater-baton-rouge-real-estate-pre-foreclosure-driveby-inspection-process/#comments Fri, 11 Jun 2010 13:54:19 +0000 http://www.batonrougerealestateappraisers.net/baton-rouge-real-estate-appraisers/greater-baton-rouge-real-estate-pre-foreclosure-driveby-inspection-process/

http://www.accuratevg.com/ – Greater Baton Rouge Real Estate Pre-Foreclosure Driveby Inspection Process

In this video, Greater Baton Rouge Home Appraiser, Bill Cobb, performs a pre-foreclosure driveby inspection somewhere in Baton Rouge.

http://www.gbrprelistingappraisals.com/ – Greater Baton Rouge Pre-Listing Home Appraisals Video 225-293-1500.

This video describes what’s included in a “Pre-Listing” Home Listing Appraisal for the Greater Baton Rouge Housing Market performed by Bill Cobb with Accurate Valuations Group! Visit http://www.gbrprelistingappraisals.com/ and find out more about having a video made for YouTube to help sell your home faster. Plus, this appraiser can help your home get found on Google for interested buyers. So, we not offer Pre-Listing Appraisals, but a full marketing package and a listing on the Greater Baton Rouge Realty Video Visual Tours Website: http://www.gbrrealtyvisualtour.com/

Tags: Baton Rouge Real Estate, Baton Rouge Home, Baton Rouge Homes, Baton Rouge Listing Appraisal, Baton Rouge Listing Appraisals, Baton Rouge Pre-Listing Appraisal, Baton Rouge For Sale By Owner, FSBOBR.com, FSBO.com, For Sale By Owner Baton Rouge, For Sale By Owner Greater Baton Rouge

http://www.batonrougerealestateappraisal.com/ – New Steel Home Construction Being Built in Baton Rouge in 2009 – May 2010 Follow Up Photo and Video

On March 29, 2009, I posted the video below of new Baton Rouge Steel Homes under construction. Above and Below this video is is the follow up photo and video in May 2010 of what these steel homes turned out to look like. Enjoy!

http://www.batonrougerealestateappraisers.net/ – Would You Buy This Foreclosed Home In Port Allen 70767: 2124 Benedetto Ln?

Home To Be Listed With:

Ronald Julien & Associates, 1926 Wooddale Boulevard
Baton Rouge, LA 70806-1539
(225) 926-3475

Tags: West Baton Rouge, Port Allen, 70767, Homes For Sale, West Baton Rouge Foreclosures, Port Allen Foreclosures

http://www.batonrougerealestateappraisal.com/ – Great News For Greater Baton Rouge Real Estate Housing In 2010

Realtor.org is reporting that Baton Rouge Metro Area (Greater Baton Rouge) experienced a median sales price increase of +4.3% since Q1 2009. The article is here and the charting is below.

http://www.accuratevg.com/ – Greater Baton Rouge Named Second Best Economic Development Market!

The Baton Rouge Business Report AM is delivering Great News for the Greater Baton Rouge housing market. The link to the article is here!

Here’s the good news:

“Baton Rouge is ranked second by Southern Business and Development magazine among the top 10 mid-markets of the decade, based on the amount of new and expanded project wins over the last 10 years. Some of the notable projects in the top-10 issue include: Albemarle, Electronic Arts, SNF Holding Company and The Shaw Group. Project wins that affected rankings must have consisted of 200 or more jobs and/or $30 million or more in capital investment. Huntsville, Ala., was the only city to top Baton Rouge.

Baton Rouge was also ranked third-best metro area in economic development in 2009 by Site Selection magazine.

Adam Knapp, BRAC president and CEO, says he attributes the area’s success to the chamber’s “Campaign for a Greater Baton Rouge.” The Southern Business and Development Story can be found here.“

http://www.batonrougerealestateappraisal.com/ – Baton Rouge Certified Home Appraisers: Area Home Sales See Gains In March

The Advocate Newspaper and Chad Calder are reporting “BR-area home sales see gain in March“, click on the link to read the entire article. Below is a snippet:

“The number of homes sold in the Baton Rouge metro area rose slightly in March, though the first quarter was down 2 percent.

The March bright spot is largely due to an increase in Ascension Parish.

The figures, compiled by the Greater Baton Rouge Association of Realtors, account for about 85 percent of the market in the eight-parish area.

Realtors sold 600 homes in the metro area in March, 1 percent more than the 594 sold in the same month last year. Dollar volume in March was up 2 percent to $118.0 million.

The quarter, however, still reflects the downward trend that has characterized recent years. There were 1,406 homes sold during the first three months of the year, compared to 1,431 the year before.

Dollar volume was also down 2 percent to $270.3 million for the quarter.“