Media is a desirable place to live and there is a steady demand for housing here. It is not uncommon to have competing offers on Media listings. Homes in Media typically sell quickly. "Quickly," however, is relative to your location, price point and condition of your property. As a local Media Realtor, I have listed and sold homes in Media in under two weeks but have also sold homes that took a little longer. Each property has its own story as to why it sold quickly or why it didn't. So, the bottom line answer is "it depends." You would want to see a market analysis with relevant "sold" properties that most accurately reflect your home's features, location and price point. The better prepared you are, the more likely you will beat the odds of any market. If you would like to talk further, please call me at 484-883-8231 or email pamcloud@kw.com.
Pam Cloud
Keller Williams Real Estate
Media Market Center
Media, PA... more
Ok but Rockford lists as the 26th most dangerous/crime city to live on the internet, with Chicago being 86th most dangerous, if Rockford tops that two fold statistically how can that relate to being a good place to raise children? Im certain its a good real estate investment and a decent place for a single man to own his first home, but I hate this crime aspect associated with the city. Is most the crime in a specific area or a general locality, or is the crime dispersed and widespread?... more
Austin Community College is building a new campus and there are plans in the works for a Wal-Mart. Elgin does not have a Lowe's, but it has 2 local hardware stores. Elgin is located right about in the middle of Austin, Taylor and Bastrop. Bastrop has a Lowe's and Home Depot and Taylor has several great stores, including a Wal-Mart.... more
Chapter 8—U.S. Government Cannot Cover Existing Obligations
Annual GAAP-Based Federal Deficits at $5 Trillion
The continuing $5 trillion GAAP-based federal deficit remains unsustainable, uncontainable and is unstable. Against a headline, official quasi-cash-basis and gimmicked reporting of a $1.3 trillion federal budget deficit in 2011, GAAP-based accounting (using generally accepted accounting principles) indicated that the actual 2011 deficit ran somewhat in excess of $5 trillion for the year. The largest difference between these estimates was that the GAAP-based number includes the widening shortfall of unfunded liabilities for social insurance programs, such as Social Security and Medicare.
As shown in the accompanying table of “U.S. Government – Alternative Fiscal Deficit and Debt Numbers” (SGS Table), the various 2011 deficit estimates remained close to the same horrendous levels as estimated for 2010. Based on the 2011 Financial Report of the United States Government the 2011 cash-based federal deficit at $1.299 trillion was little changed against the $1.294 trillion estimate for 2010. The limited GAAP-based deficit (before consideration of changes in social insurance unfunded liabilities), narrowed to $1.313 trillion in 2011, from $2.080 trillion in 2010, but that was due almost entirely to one-time reporting/assumption changes in Veterans Benefits and U.S. government liabilities tied to Fannie Mae and Freddie Mac. Accordingly, the operating deficits effectively were about the same level in both 2010 and 2011.
In like manner, the indicated full GAAP-based deficits (including annual change in the net present value of social insurance programs) of $4.6 trillion in 2011 and $5.3 trillion in 2010, effectively were about $5 trillion in each of 2011 and 2010, adjusted for one-time reporting changes.
Federal Debt and Net Present Value of Unfunded Liabilities Exceed $80 Trillion
The numbers discussed in the text here are those from the GAO-Based Alternative version of the 2011 numbers as shown in the SGS Table. Unfortunately, the government’s financial reporting has become nearly as heavily politicized as some of its economic reporting. Unlike the economic numbers, though, the financial data are audited (where possible) by the GAO (Government Accountability Office, formerly the General Accounting Office).
In the 2010 statement, consistent year-to-year accounting was not shown, with a large, one-time reduction in reported Medicare liabilities being based on overly optimistic assumptions of the impact from the then recently enacted healthcare legislation. Referred to in the government’s statements as the Affordable Care Act (ACA), the full GAAP-based results from the ACA accounting showed an annual surplus of $7.0 trillion in 2010, but again, that was not in terms of consistent reporting, which would have been along the lines of a $5 trillion annual deficit.
The new health-care enhanced Medicare results used in the government’s statements were prepared under the auspices of the Obama Administration, but the GAO did not fully buy into the happy numbers in 2010 or again in 2011, with disclaimers of opinion. The GAO went so far as to run an “Illustrative Alternative Scenario” (pages 130 and 134, respectively of the 2010 and 2011 statements) to the government’s overly optimistic Medicare adjustments. The “Alternative” versions appear to have more realistic assumptions than the politicized data used in official ACA-based data. Unfortunately, under present accounting conditions there simply is no way of coming up with truly meaningful hard number, in terms of total government obligations.
Where the “Alternative” data used here show $80.9 trillion of U.S. government debt, obligations and the net present value of the unfunded social security liabilities, as of September 30, 2011, that likely is shy of reality. Adding estimates of government liabilities in, and exposures to Fannie Mae, Freddie Mac, the PBGC and FDIC easily could take that total into the $100 trillion range. Publicized estimates of U.S. government exposure beyond the $100 trillion mark usually included gross unfunded liabilities, which are not adjusted for net present value (NPV). NPV reflects the amount of cash needed in hand today to be able to cover a future obligation. In any event, $80.9 trillion in U.S. government obligations in excess of five-times U.S. GDP.
SOURCE: shadowstats... more
If looking to sell, invite a few local agents from different realty companies and ask for a cma, comparative market analysis; review the data, ask opinions and go from there; cma's are provided free of charge by most agents, or consider hiring a professional appraiser.... more
Yes, vacant lots are selling. Buyers are out. Marketability of the property is based on location, zoning, and price. Be sure to contact an expert in land sales. Give me a call, I have one on my team that would love to help.
Bo Goulet, cdpe
Certified Distressed Property Expert
DRE #01854568
Shear Realty-SVL Annex
13295 Spring Valley Pkwy., Unit C
Victorville, CA 92395
Mobile: (760) 713-6137... more
Broke As A Joke;
I am not a lawyer, so I can't give legal advice. My recommendation is that you consider selling the house if you have a hardship and can't afford the payments. If you don't have a hardship, consider refinancing the mortgage. Let me know if I can help.... more
Yamiletcuevas1993;
The market is indeed improving. In the Victorville, California market, there are not enough houses on the market, and people are buying. Just about every house on the market has multiple offers submitted within the first 2 days on the market. This causes bidding wars. I have also seen a fair share of cash buyers who are willing to pay more than asking price for the nicer homes. If you are in the market for a home, or considering buying or selling, it is important that you find an experienced Realtor to help you. Keep in mind that Realtors are free to buyers, and services provided to the seller by an experienced Realtor will be worth the cost. Give me a call if I can help!
Bo Goulet, cdpe
Certified Distressed Property Expert
DRE #01854568
Shear Realty-SVL Annex
13295 Spring Valley Pkwy., Unit C
Victorville, CA 92395
Mobile: (760) 713-6137... more
Hi Judy,
You don't mention what the purpose of your appraisal is so keep in mind that everybody has a different opinion of what your home is "worth". If the appraisal is for a bank (for a refinance, etc.), they'll send their own appraiser out. The Town of Southampton will have their own value, typically called the assessment, for what they think your home is worth (and that's what they base your taxes on). Buyers and sellers of course have a different opinion of what they think the home is worth.
Unfortunately valuation methods are at times subjective but if you'd like a better idea of what your home is "worth", a comparative market analysis (CMA) is a good way to go. It'll show what your "competition" looks like (i.e. what's currently on the market as well as what has recently sold and what is in contract). I'm a real estate agent in Westhampton Beach so if you'd like to give me a call (631-288-6333) or shoot me an email (gene@hamptonestatesrealty.com), I'd be happy to answer any questions you have.... more
Hi Allan,
If you want to look up a deed, you can go to http://www.masslandrecords.com and from there click on the county you wish to search. That will take you to the Registry of Deeds online search function for that particular county. The directions online should be fairly self-explanatory.
Good Luck!
Christine... more
I would submit an offer anyhow - what is there to lose but time? Put a "48 hour contingency clause" in the offer and maybe they will go for that. What this clause means is that if they find another party who does not have the same contingency (to sell a home), they give you 48 hours to remove your contingency or they will sell to the second party. Once you have secured a buyer, you can remove the contingency to sell and the 48 hour one is automatically removed.... more
Hello,
I think for sure the value of the respective properties in Arlington,Va will continue hold their value. There are some great plans slated for Arlington and they are happening as we speak. The best is still yet to come for this beautiful area of Virginia. It has the great erban life, great jobs, close to Georgetown and metro, etc... If you are planning to purchase in this neighborhood you will not be disappointed.... more