Posted by Shawn Simpson // April 14, 2021
According to Wolf Richter for WOLF STREET, “Everything is on ice. But when forbearance ends, forced sellers or lenders will put millions of these homes on the market. Since last spring, historic delinquency problems have been fermenting largely on ice and on hold by forbearance programs. “The Federal Housing Administration (FHA), which insures nearly 8 million high-risk […]
Posted by Shawn Simpson // April 7, 2021
680 FICO Credit Score 780 FICO Credit Score Bankruptcy 530-550 540-560 Foreclosure 575-595 620-640 The impact of foreclosure on your credit score can mar your credit report for seven years from the date of your first missed payment. According to U.S. News, “During that time, it can affect your credit score and the way other lenders view your […]
Posted by Shawn Simpson // March 31, 2021
Some realtors say this is the best of times. In all the years of being in business, they have never seen a market like this. Selling a home in Omaha right now might be easy, but buying a new one is an entirely different story. “In the 17 years I’ve been in business, we have […]
Posted by Shawn Simpson // March 24, 2021
A SPAC and why is it a big trend in real estate? Pick up any financial publication lately, and they are all writing about SPACs. What is a SPAC? SPAC stands for special purpose acquisition company and created for the sole purpose of acquiring a private company and taking it public. As a simplified example, […]
Posted by Shawn Simpson // March 17, 2021
Houses for sale in Omaha hit the market for a variety of reasons. Styl Properties, Inc. is a real estate investor and redevelopment company, and we see all of the reasons. We buy and sell Omaha houses for cash. We have experienced why you may want to sell in Omaha quickly. Why You May Want […]
Posted by Shawn Simpson // March 10, 2021
Are you in the process of selling your house? If the answer is yes, then, most likely, you know it involves significant work. When you list your home, it entails house viewings, appraisals, and client negotiations, aside from the fact that you also need to maintain the place’s cleanliness. However, according to Realty Biz News, […]
Posted by Shawn Simpson // March 3, 2021
I was amazed when I read this in the Omaha World-Herald: “Baby Boomers retired in large numbers—the generation born between 1946 and 1964—handed in their resignations at record rates in 2020. On average, 2 million boomers have retired each year since 2011, according to an analysis by Pew Research Center. But in 2020, that number […]
Posted by Shawn Simpson // February 24, 2021
Often in a competitive situation, a seller’s market, a real estate agent might advise you to forgo contingencies as a way of improving your chances of getting the house. What are real estate contingencies? You may encounter some clauses when buying or selling a home that allow an out to back away from the purchase. […]
Posted by Shawn Simpson // February 17, 2021
What is your biggest fear when selling your house? For many sellers, it’s looking stupid in friends’ eyes when pricing their home to sell. When we sold our place in December at the first open house, my wife’s first reaction was, “Could we have sold it higher?” Maybe or maybe not. Maybe we listed it […]
Posted by Shawn Simpson // February 10, 2021
According to Realty Biz News, “Most imagine retirement as a time of boundless leisure time, month-long vacations, and worry-free days. But for many retirees in the time of COVID, this is not the reality retirees face. According to Clever’s new study, many have not been saving enough, putting them in dire straits during the pandemic. Instead […]