Tag Archives: real estate

Tips For Designing Real Estate Flyers

Posted on September 28, 2011 by Kelly| Comments Off

There are a number of ways that you can sell property. You can do it online but that is no guarantee that people will know how or where to look for it. A good way of getting them to look is by distributing real estate flyers.

The first thing that people will look for is the price of a property. This should be clearly displayed so that they are aware of this. A headline at the top should state what type of property it is, the location and the price.

The best type is usually the clearest with as little clutter as possible. It is better to have less information on there but for it to be clearly presented. The best way of doing this is by looking at listings on the internet for inspiration. This should give you a mental template to work with.

You would then include a high quality photograph underneath. Underneath that you would then write a bit about the features of the house, such as the amount of bedrooms, what facilities are available and how close it is to local amenities. This should be done with a specific target audience in mind in order to maximize your chances of a sale.

The design itself should be as clear as possible. Generally you should use as little text as possible. The information should be short and to the point, offering customers the details that they need to know without adding any extra information that may not be necessary.

When describing a property it is important to get the right balance. While you want to be as positive as possible you should not make any false or exaggerated claims. People interested in a property will view it so you should be aware of this. Equally you should not use any language that is negative or suggests that a place may not be suitable for your target audience.

One thing you should also be aware of is proof reading. Always check your advert as thoroughly as possible for typos, stretched photographs and so forth. If you are unsure you should see if the design company offers a proof reading service or you should contact a friend or trusted work colleague to look at them before you order.

As well as the design of your real estate flyers you should also consider how you want to distribute them. Community events are often a good way of meeting people in the local area as well as business events. Meeting in person often adds a human element. However if time is a factor and you want to reach as many people as possible then you may want to consider using a distribution service. With a sensible approach you will get that sale.

Dave is a real estate professional who specializes in real estate marketing tools.

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What To Know About Real Estate Mobile Marketing

Posted on September 28, 2011 by Kelly| Comments Off

Realtors who still rely on print advertising have yet to realize the advantages, and cost savings, of going digital. Real estate mobile marketing prevents the hassle of taking out print ads, or printing up property fliers. As part of a digital strategy, digital marketing allows realtors to reach out to prospective buyers for a low cost, using no paper. Digital also gives realtors an environment in which to be proactive, rather than reactive, when assessing customer needs.

Mobile marketing is defined as communicating with customers via a mobile device. This capability appeals to a clientele that is rapidly growing more technologically sophisticated. Realtors who have mobile capability may assist buyers twenty-four hours a day, seven days a week. This availability gives the realtor a competitive advantage, in the recruitment and retention of clients.

Print advertising, and even online listings, put realtors in a reactive position. Realtors are left waiting for clients to take an active interest in a property, when they could be proactively marketing their listings to potential clients. Creating fliers, and placing them at every property, demands time, and money, that is better spent elsewhere. By using digital technology in place of print ads, realtors will have the ability to be more assertive with their marketing, while realizing a significant cost savings.

Digital could be utilized for a variety of client services. When realtors list a new property, for instance, they may choose to send out a text message, to clients who might have an interest in the property. Realtors may also send a text, just before an open house is set to begin, to clients who would be interested in the property.

Realtors should also take advantage of SMS. For instance, realtors could establish a service, in which clients could text a keyword to a specific number, and then receive property listing information, right on their smart phone. SMS would replace the hassle of printing and carrying fliers to every property site, producing a savings of both time and money, while still delivering a valuable service.

Advertising is only one aspect of an overall digital strategy. Many clients use their phones to look at property information online. For this reason, realtors should ensure that their websites are easily navigated with a smart phone, and that they do not publish too much Flash content. Additionally, good visuals on a website are important, and realtors may even consider adding a video element to their pages.

Digital strategy may include advertising on third-party websites. Websites, like Trulia or Zillow, offer realtors the opportunity to advertise their listings. Additionally, both sites have an excellent mobile interface, which has rich visual features. In addition to real estate sites, realtors should employ social media as another way to communicate with clients. Property updates, or other information, would appear directly in the user’s news feed.

Real estate mobile marketing completely changes the focus of advertising for a realtor. By taking advantage of smart phones and computers, realtors will bring their services up-to-date with the lifestyles of most of their clients. Also, technology provides convenient services to clients, for a fraction of the cost of paper.

Dave is a real estate professional who specializes in real estate marketing tools.

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Federal Government Stimulating A Depression

Posted on September 28, 2011 by Kelly| Comments Off

Watching all the coverage of the latest economic stimulus on television, one question comes to my mind repeatedly. Has the government been holding out on us all? Immediately after all, if the point of the spending bill would be to get the economy going again, generate jobs, put people back to work, save the environment, and get credit markets unfrozen, then the government has a lot of explaining to do about why its prior packages failed.

The new stimulus will present nearly $800 billion for the president to invest on a number of projects, plus numerous tax cuts. Will this be the magic $800 billion that saves the economy, regardless of the already practically $8 trillion that the Federal Reserve, Treasury, FDIC, along with other government agencies have spent or supplied to the banking, insurance, and auto industries?

It always appears like “this next package” from the politicians is what will get the economy moving once more. But there is certainly in no way any acknowledgment of the failures of previous plans. Stopping foreclosures is an additional of this plan’s objectives, but each program the government has put in place to address the foreclosure rate has failed. Hope Now, Project Lifeline, the Hope for Homeowners Act — none has but put additional than a couple of band-aids on a ruptured artery.

But over and over once more, Americans are promised that, by just stealing more of their money through borrowing and inflation, the government can put them back to work, produce new green jobs, save the planet, and lower taxes. The magic wand that may make all this wonderfulness out of a corrupt economy fueled by simple government credit is, naturally, the printing press. Trillions of dollars have already been developed, and trillions additional are on the way.

While the $800 billion stimulus bill just isn’t the beginning, it’s also not the end of the government interventions within the marketplace. The wrong regulations set up the housing market to fail, and now new regulations will stop the entire economy from recovering. On top of that, we will all need to pay our share of the many bailouts of industries which are failing for quite valid factors — they’re out of money, out of consumers, and out of trust.

Creating $8 trillion within the space of a year, with nothing but more spending planned for the future, will result in only additional complications for the economy. Instead of causing the subsequent Excellent Depression, exactly where dollars was tight and unemployment high, the government is setting us up for a far worse fate: an inflationary depression, where unemployment is high but prices keep rising anyway. After performing its current duty of covering up losses at monetary institutions and other industries, all of the newly designed money will eventually uncover its way into the market and drive up prices.

Now will be the time for Americans to begin saving more, paying down debt, and reducing consumption. But these actions are exactly what the government is stopping from happening. A reduction in consumption may well trigger some companies to go out of business. Nonetheless, businesses need savings as a way to boost production, and both the savings rate along with the industrial base in the country have been decimated over the past decades.

If the government doesn’t allow the correction to happen, the present recession may continue for years. The government can not stop foreclosure, save the planet, or develop lasting jobs for a significant segment of the country. All it can do is redistribute cash from successful businesses to failed ones, destroy the currency, and encourage the exact opposite of what is needed to obtain the economy working once more. Unfortunately, destroying what exactly is left of the economy appears to be precisely what the politicians are trying to do.

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Real Estate Flyers Are Great Promotional Tools

Posted on September 28, 2011 by Kelly| Comments Off

Real estate flyers, used properly, can be great promotional tools for property investors looking for bargain prices, and for agents looking for prospective home buyers. There are many homeowners who are facing foreclosure, looking for a way out. If a homeowner in distress can find someone with cash money to buy his home, he can avoid being foreclosed upon.

There are many good deals to be had these days because the country is still going through a foreclosure crisis. When an investor is able to come to terms with a distressed seller, the seller wins because he can avoid foreclosure, and the investor wins because he can buy the property for under market value. Even the bank wins.

The lender wins because the lender does not have to spend money on legal fees to enforce the foreclosure. Contrary to what many people believe, banks do not want to have to foreclose on land. Banks are in the money lending business and not in the property selling business, so the lender would rather have the land sold before foreclosure proceedings have to proceed.

The fliers should be printed on gold colored paper for the most effect. People are drawn to the color gold, which means that it is more likely the gold color leaflet will be read. The leaflet should contain the investor’s contact information, preferably, a toll free number should be listed on the leaflet.

Have the fliers printed by a print company specializing in business print jobs, and one that has a team of leaflet distributors. The team should leave the fliers wherever there is traffic, such as laundry mats, bulletin boards, and even on car windshields. Pick an area where there is a high number of foreclosures and leave the leaflets at each home in that area.

It is against the law to leave any material in a mailbox without proper postage, so make sure that the leaflet distributors steer clear of mailboxes. Leaflets can be left in laundry mats, library bulletin boards, or on church bulletin boards. Put the leaflets in an area where the most people will read it for the greatest impact.

Property agents use fliers to sell the houses they have listed by printing and leaving a stack of fliers in a box on the for sale sign. Prospective buyers drive around areas they want to live looking for houses for sale. When they find a house, they go the box and pull out a flier that lists the number of rooms, the square footage of the home, and the seller’s asking price.

Many homes have been sold because the agent put a stack of real estate flyers in a box on the for sale sign. The leaflets can be left on doorsteps, car windshields, or any place where people are sure to read them. Many homeowners are looking for someone to buy their home so they can avoid foreclosure. Fliers can be used to help distressed homeowners get in touch with an investor who can buy their home with cash money.

Tori is a real estate professional who specializes in marketing for real estate agents.

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Real Estate Investing: What’s The Most Effective Option To Invest In?

Posted on September 28, 2011 by Mark| Comments Off

If you are interested in real estate investing, you’ll need to understand regarding the positive aspects of placing your money in multi units than on single units. When I say multi-family units, I mean a duplex, triplex, a multi unit complicated or perhaps a three household unit. The bottom line is always to go for more number of residential units beneath one roof which could be beneficial.

You can find so many strengths in case you really pick this selection. Let us take a look into these benefits:

1. The flow of monthly revenue would be more. This can make items simpler for you personally in terms of managing the money flow.

2. As all of the units are beneath a single roof, you can find yourself saving a great deal of cash inside a lot of elements. The foundation is one, the typical walls are identical as well as the roof is also a single. Even in the construction phase, it is possible to save a whole lot. Imagine how much you’ll be able to save inside the upkeep phase.

3. In terms of landscaping, It goes to a minimum. The upkeep expenses get lowered.

4. The demand for this sort of a living style is ever growing.

If you are a newbie at real estate investing then it would surely be a good idea to start out off with an investment on a multi-family unit. It is possible to rent out the other units even if you reside in one unit. This would actually offer you an additional revenue to spend your mortgages each and every month. So that way, this technique could be an exceptional approach to commence off with investment in this specific sector.

A multi unit complicated will certainly have the advantage of increasing the money flow when the units are rented out. You can also have the advantage of hiring the services of any other organization to handle your properties. If you go for this approach, then it is possible to get hands-off revenue each month without any pain. The property management organization will truly take every one of the pains of attracting new tenants, going by way of all of the paperwork, management of repairs at the same time as upkeep, collecting rent and also organizing the exit procedures. So the tiny quantity that you simply will be paying for such a variety of a service is certainly really worth it and this can really relieve you from all the pain.

Other advantages include discounts which you get from various suppliers or service companies when it comes to an event of repair work or construction activity. This way, you can find a great number of techniques exactly where you can save income and alternatively it is possible to earn additional funds each month in case you in fact pick this option in real estate investing.

An awesome choice for real estate investing is massachusetts real estate investing, be certain not to overloop further explore this opportunity.

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Did You Know That Most Realtors Fail

Posted on September 27, 2011 by Mark| Comments Off

Sellers are generally upset over the high price real estate agents ask in exchange for their home selling helps. Sellers generally pay 5-6% of the gross home sales price. This is thousands of dollars.. These sellers often think that “real estate agents are living the good life”. To them it seems like real estate agents get paid huge salaries. Because of this, there are a lot of people who want to get into the real estate business.

It’s not hard to get a Virginia Real Estate license.College degrees aren’t needed to get a real estate license, and in most states just 90-120 hours of real estate education are required. Because almost anyone can get a real estate licenese, people are weeded out through competition. Most people that get their real estate license, don’t end up renewing it two years later.Statistics show that less than 10% of people who get real estate licenses end up renewing two years later. These numbers are probably much lower now.

Being successful as a Realtor isn’t easy, and it can be pretty expensive too. Here are a few things you should know if you are considering becoming a real estate agent.

There are several upfront costs. While real estate school, and paying for your test and license aren’t too expensive, being able to actually use your license is. Before you can actually start showing homes, you need to sign on with a real estate “broker”.When you sign on with a brokerage, you’ll have to also join the National Association of Realtor’s, the State Association, and a local board, which all require money. ” This upfront cost can be thousands of dollars. You’ll also have to pay MLS fees, which will likely be more than $30 a month. If you actually get a listing, or start working with a buyer, you’ll have to spend money on them. Most real estate brokerages will require real estate agents to pay for their own business cards, yard signs for Draper Homes for Sale, and websites. You’lll end up spending money marketing the listing, and will pay for gas while showing clients different real estate listings for sale.

A lot of the time you will work for $0 an hour. Once in a while real estate agents get a large commission, but most of the time is spent on activities that don’t earn money. Many buyers don’t actually buy, and many homes don’t end up selling. But, most of Realtor’s times aren’t even spent marketing properties and showing homes. Most of a real estate agents time is spent trying to acquire new clients.

There are no “benefits” as a real estate agent. Realtors aren’t employees. They are “Independent Contractors” treated as if they own their own business. Real estate brokerages don’t provide heath insurance or retirement programs for agents. If real estate agents want health insurance and retirement savings, they need to pay for them themselves.

It will likely be months before you will get your first payroll check. Most real estate transactions take month before closing. Most people spend several weeks looking for homes before they make an offer. Most Homes for Sale in Redlands CA have been on the market for nearly half a year before they ever get an offer. Some homes, especially higher end homes, will be on the market for years before they will actually sell. Almost half of listed homes don’t even sell during their initial list period. After a property finally gets under contract, it will be about a month before the closing actually takes place, and a few weeks after that before your brokerage finally cuts you a check. It could take months just to get your first client, and then it will likely be months after that before you will get paid for working with them.

It’s not a bad thing to become a real estate agent, many are very succussful. If you know you want to be a real estate agent, make sure you have plenty of savings before starting your new career.

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The Truth About FSBO Process

Posted on September 27, 2011 by Mark| Comments Off

Marketing Oshkosh Wisconsin Homes by yourself has many advantages, but since we are in a buyer’s market, promoting a property can be tricky because of the competition. Possibly you might have inquired on your own if your property is measuring up to the houses sold by property agents in your neighborhood or similar areas. Somehow you get a boost in your confidence once a pal has sold a home all by himself swiftly and profitably. But why is your residence not selling?  There are factors that play a considerable role in determining if a house should sell or not.

1. Your cost is too high – Don’t assume that your emotional attachment can add up to your asking price. There are methods on how to make the price of your home reasonably high for its look and location.

2. No Curb Appeal – If you would want to make sure that your house can get the extra attention from possible consumers, make sure that every little thing is in good shape from the outside so that you have all the reason for having high asking price.

3. Marketing and Advertising is poor – There are more things that you have to do than just putting an FSBO sign in the yard, employing a very creative advertising in the local paper, or posting on Craigslist, Facebook or Twitter. You have to ask whether you are targeting specific audience for Mckinney TX Homes or you are just posting for the sake of posting.

4. The interior is not updated – You don’t want potential buyers to just stop at the exterior. Curb appeal is just the start and it continues to the interior. But what happens if your kitchen, cabinets, counters, walls, and appliance looked nice in the 80s? It is 2011 so it’s time to update your home. You don’t have to buy high tech ones, but you can have a fresh paint job, or change the knobs and handles. Make it neutral and clean from the outside to the inside and don’t forget to remove the clutter. Moreover, finish the interior by spraying a deodorizer for that clean smell.

Make sure that your Realtor is also doing his part not just listing Homes for Sale in Tooele Utah and finish. Selling a property on your own is not as easy as you thought so try to selling your home like a business transaction. Remember that you are selling ‘the’ house so always make yourself available or have someone available to show your home every day from morning until night to potential buyers.

Posted in Real Estate Investing, Selling Real Estate

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Negotiate In Real Estate Like A Pro

Posted on August 28, 2011 by Mark| Comments Off

To get the best return on your investment on a new house, you have to get ready for negotiations by spending the time and effort to understand the background elements of the transaction. Do spend the time at the beginning to generate a list of enquiries that you need answered prior to finalizing a transaction, and share your list with your real estate professional so they will understand your criteria..

 

Once you are prepared to begin discussions on a home, make certain you understand the current climate in the residential housing market. Is the local market building a purchaser’s market — which indicates that sellers are eager to cash in on their property and therefore more open to bargaining, or is there a tight inventory of homes producing a seller’s market where prices are likely to stay firm?. Verify listings of similar homes and see if they are in a similar price range. If you do notice comparable properties selling for less – or more — find out why.. Areas such as the real estate market in Hamilton Ontario will have very conflicting home values for comparable homes that are only a few blocks apart.

 

For a deeper investigation, evaluate the square-foot cost averages in the area, remembering that smaller homes typically demand more per square-foot than big properties.. Another useful figure to have at your disposal is a review of the list price for comparable homes versus the final selling price – typically over the last six months – to provide you an idea how much variability is doable. For instance, taking into account what level Toronto condominiums listings are on can help to determine the value of condo.

 

Be sure to collect as many details as you can about the house’s history, particularly the financial aspects such as how much the present owner paid, how long they have owned it and what kind of balance is left on the mortgage. As well enquire how many days the home has been up for sale – called in the trade as the DOM.. A smart bargaining strategy can be devised with a good grasp of the owner’s bottom line so you are able to avoid rejections by keeping your offers sensible. Do not be afraid to look to your agent for this info since they may have access to real estate marketing software that may make obtaining this data much easier.

 

When you have the background criteria satisfied and wish to proceed with regard to ownership, the next course of action is to make an offer to purchase, that typically includes a sizable money deposit.. This step offers you a chance to hold the property off the market as you and the seller explore the key elements of the transaction.. At this juncture in the negotiations, the buyer can make demands for fixes and improvements.. This process also sets the wheels in motion for the mortgage approval process, and can let you know early on if elements like low evaluations are going to jeopardize the deal.. 

 

Bargaining strategies could leave some room for compromise, and you need to be ready to make multiple offers if your first one is not accepted.. To avoid making a critical mistake at this stage, it is important to not become sentimentally attached to a house before all the discussions are complete. Cover your bases and keep additional properties in mind so you will not be obliged to begin from scratch if you are unable to reach adequate terms on your buying offer.

Posted in Buying, Foreclosures, Real Estate Investing, Selling Real Estate

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Due Procedure Protections In Nonjudicial Foreclosure States

Posted on August 27, 2011 by Kelly| Comments Off

In states that enable a nonjudicial foreclosure through a power of sale clause in a deed of trust, homeowners find that their properties are sold out from under them without a hearing or chance to guard themselves. In fact, it is up to the borrowers to bring a lawsuit into court against the lender and they then have the burden of proof in showing that the foreclosure must not go forward.

Though the courts have ruled that, in order to take away someone’s substantial interest in property, notice as well as a hearing are needed, only a bit of notice is given to homeowners facing nonjudicial foreclosure. No meaningful hearing is given to the borrowers. State laws in nonjudicial states permit the sale of a property to satisfy a foreclosure so long as the trustee follows the regulations concerning notice.

And even though this issue might seem to violate the due procedure protections given to people under the United States Constitution, the Supreme Court has found that due method protections only come into play when there’s a state actor within the deprivation of property. Due to the fact a deed of trust and promissory note are executed between two private parties (homeowners and lenders), there’s no automatic due method protection.

Within the court case Flagg Brothers, Inc. v. Brooks, the Supreme Court found that there is no due method violation if there isn’t any state action. Settlement of disputes from a lender along with a borrower through a forced sale of property doesn’t create state action. This is true even in the case of a sheriff sale or trustee sale of a property — the truth that state laws figure out how the foreclosure proceeds doesn’t develop state action.

Even so, homeowners facing foreclosure might have a defense against nonjudicial proceedings in two situations. The first is if a government agency will be the foreclosing mortgagee. For instance, if HUD, the FHA, the VA, or a similar agency of the government owns the mortgage and is suing for foreclosure, then a state actor is involved within the deprivation of property, plus the borrowers ought to be given due process protection.

The second situation in which homeowners may possibly have the ability to assert due process protections is if the state foreclosure laws need that a government official participate within the method. Several court circumstances have examined this problem, and quite a few have found that considerable state official involvement in the foreclosure procedure gives homeowners due process protections.

As an example, in Vermont’s strict foreclosure procedure, state action can ascertain a entire range of problems relating to the disposal of the property, and homeowners are given due procedure protections. An additional court discovered that state action is created even when a town clerk is required to record a lis pendens on a property facing foreclosure. Depending on the responsibilities given to such government officials, homeowners may be able to assert due method protection.

Even so, however, some involvement by state officials does not make due process protections for borrowers. As an example, courts have found that the involvement of a county sheriff in the sale of a property through nonjudicial foreclosure does not create state action. Similarly, the use of a county recorder within the auction doesn’t automatically give due process protections to homeowners.

Homeowners facing foreclosure in nonjudicial procedure states have often had a more difficult time defending foreclosure than if they lived in a judicial state. Banks are additional able to start foreclosure with out having to prove they even can own the loan, let alone have a powerful enough case to take the home back. Even though borrowers have few protections against predatory actions of banks, government action in the foreclosure sale could give them far more protections.

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Real Estate Market Resists The Buyers It Needs Most

Posted on July 23, 2011 by Kelly| Comments Off

Any real estate market needs those critical first time buyers. They’re not stuck with a house they need to sell, so they’re free to act whenever they think the time is right. When a young couple or single person decides that they are ready to take the plunge and buy their first home, they usually buy a small, fairly inexpensive home. Because they don’t have an existing home to sell, the transaction usually moves pretty quickly. Often the former owner of their new home moves up to a larger home, and so on. The first signs of recovery from a bad housing market usually come from first time buyers. Brookfield offers San Diego New Homes at great prices.

The real estate market peaked in 2006, and since then it has been struggling. Many would-be buyers have been holding off waiting to see what will happen, especially whether prices have gone as low as they’re going to. Now some young buyers are seeing low prices and low interest rates and deciding that the time is right for them. Under more ‘normal’ circumstances, these people would look for a home, make an offer and get busy qualifying for a home loan.

The first problem is that many of the entry level homes currently on the market are distressed sales. This is a problem for their current owners and/or lenders, of course, but it turns out to be a problem for home buyers too. Short sales make up a large portion of the homes on the the market now. This means that the owner owes more on the loan than the home is worth. He puts it on the market, and when an offer is received he presents it to his lender in the home that they’ll accept it. This is a good deal for lenders. It’s true that they’re losing money because they’re getting less than the loan amount. But if they don’t approve the short sale, they’ll lose even more. Months will go by with the defaulting owner living in the home and not making payments. The lender will spend a lot of time and money foreclosing, and then they’ll still have to sell the house, probably for less than a buyer is offering on the short sale.  

When a borrower asks his lender to consider a short sale, the lender requests a lot of information, including proof that the borrower is unable to pay off the loan due to financial hardship. Usually the borrower has already missed several mortgage payments by the time the lender starts requesting this type of information. The chances that the borrower will catch up on their payments including applicable late fees is very low regardless of whether they can provide sufficient documentation to convince the lender that they have suffered hardship. Of course this whole exercise makes lenders cautious about making a home mortgage, which makes qualifying more difficult.

Lenders don’t regularly approve short sales, though. Instead they drag their heels by not having adequate staff and continually requesting more documentation. All the time the foreclosure process is moving ahead. Home buyers often make offers on multiple homes, hoping that one of them is accepted by the lender. While they’re waiting they keep home shopping and submitting offers on more homes, but often times none of their offers ever gets accepted.

One way to get around this mess is to purchase one of these Chula Vista New Homes. They’re beautiful and the seller is ready to go!

In order for the housing market to recover, the first time home buyers need to be able to buy homes. Until those critical buyers can close escrow and their new home and move in, no one can move forward.

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