Here is an update from Jeff Checko of The Ashton Real Estate Group of RE/MAX Elite:
"It was a busy week working with new clients, and seeing through some contracts in process. I have tow clients with short sale contracts pending and the week had some movement on both of them. One client is trying to buy a Bank of America short sale, and their system appears to have processed the approval in just 20 business days. That's quite an improvement from the early days of short sales. The other is dealing with Suntrust, and the process is still on going, and it's been about the same amount of time. Looks like Bank of America gets the edge.
Out of state buyers with homes to sell are starting to make some progress. I had clients in Philadelphia and Cincinnati get offers on their existing homes. That's great news for their relocation(s)! I took the Philly client out to 3 neighborhoods in Mt Juliet to make a decision on a $300k new construction project. It looks like there will be 3 builders deciding what their best price is, as most other variables are comparable.
Listed a new property for Shaw construction at Stonewood in Smyrna. $349k for 3100 sq ft in Blackman HS district. A great neighborhood just off Almaville Rd. Sales bonus for all TAREG agents!
Also, call me with any Governor's Club clients as I have 3 lots available in there for custom homes. Again, bonuses for TAREG agents and 50% commission up front! Looks like one of those lots will be gone this week, so we'll be down to two!
Very excited to go up to Maine this weekend. Acadia National Forest and Bar Harbor await. Lots of hiking, swimming, eating seafood, and even a whale watch!"