Friday, February 26, 2010

Do you have a business that you would like me to promote on my website?

Do you have a business that you would like me to promote on my website? If not please disregard this email...sorry to bug you.

 

You may or may not know that I have the #1 most visited Century 21 website in Kelowna and the #6th most visited Century 21 website in all of Canada! If you would like to capitalize on the free marketing read on!

 

I am putting together a ‘preferred services page’ and would love to help you advertise if I can.

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Here is what I need and how I need things to look:

 

(Your business name and contact info)

Century 21 Assurance Realty (

Kelowna)

Trever Florko, REALTOR®

Email: Trever.Florko@century21.ca
Visit my website:  www.florko.ca (make this a link if you know how)
Cell: (250) 859-5990
Office: (250) 869-0101
Fax: (250) 869-0105

(A little blurb about your business)

I pride myself on being a no pressure sales person. I know from first hand experience how frustrating and annoying it can be to have a sales person who harasses you at every turn. That is why I make it my mandate to be as hands on (or hands off) as you need me to be. Your comfort level is very important to me the more at ease you feel with the buying or selling process the smoother things will go for everyone.

(If you would like to add a picture please send one along…please try to keep it small)

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Sincerely,

Trever

PS. Your referrals to friends and family are always greatly appreciated and rewarded.


Trever Florko, REALTOR®
Century 21 Assurance Realty (Kelowna)
Visit my website:  www.florko.ca
Cell: (250) 859-5990
Office: (250) 869-0101
Fax: (250) 869-0105

A skilled Realtor is an invaluable tool to help facilitate both the finding of the perfect home and the writing of a firm and binding contract. I pride myself on my services and communication skills and will work hard to make your home buying e xperience an enjoyable one. Negotiating a fair price for my clients is one of my strong suits and rest assured that if you employ me as your Realtor you will get the service you desire and deserve.

The information contained herein is confidential information and is intended for the use of the intended recipient only. If you are not the intended recipient, you are hereby notified that any distribution or use of this information is prohibited. If you have received this e-mail in error, please notify the sender immediately and immediately delete this email from your inbox. If you do not wish to receive emails from this address in the future, please reply to this email.
Thank you.

Posted via email from treverflorko's posterous

Friday, February 19, 2010

So you want to know about Forclosures?

The foreclosure process as seen from the side of the buyer

 

Well as some of you may have noticed there are more and more foreclosures being seen in today’s market. A lot of you may see a foreclosure as a way to capitalize on a good deal…turning someone else’s misfortune into your good fortune. Unfortunately in most cases it is not the really that simple.

 

The foreclosure process as seen from the side of the buyer goes a bit like this:

  1. Find a home that is in foreclosure.
  2. Put in your offer.
  3. Wait for the lender to accept offer.
  4. Wait for court approval.
  5. Go to court for the day of the hearing.
  6. Take it “as is” if court accepts offer.

 

Still sounds easy? Let me elaborate a little. It is pretty easy to find a home that is being foreclosed on…just ask your agent to keep his/her eyes open. The hassle starts after you find one you like.

 

After hunting around and finding a home, you decide to put in your offer. Some things you need to know are that when you buy a foreclosure you buy the home ‘as is’ and not as is of the day you saw it but as is of the day you take possession…I don’t have to tell you a lot can change between those two dates. Especially when you may be waiting a month for court approval…I will get into that part in a moment.

 

The offer process goes as follows: Your offer goes from your agent to the listing agent, who sends it to the lawyer or financial institution which has ‘condition of sale’ (control of the property). The lawyer or financial institution then (if they deem the offer acceptable) authorizes the sale to go ahead. The whole matter then gets sent to the courts for a court date to be set. (That date could be as far away as a month).Your offer must also be free of conditions before the court date is set in order to be considered by the judge. In other words you need to get your inspections, financing, title searches, etc. out of the way before the trial date is established so you are subject free and ready to take control of the home IF you are the lucky buyer who the judge selects to be the new owner.

 

Once the court date is set, that date and YOUR OFFER become public knowledge. This means that anyone who has been watching the property knows the date has been established. Did you think you were the only person interested in this property? Remember that the longer this home sat on the market the great the number of people who saw it. Chances are the price got a little lower and still more people took notice. Nobody wants to be the first person to jump on the property (if they know the process involved) as they want to see the price reduced even further.

 

Come the day of trial anyone who was watching the property may put in their own offer. The process goes like this: Everyone delivers their offer to the judge in a sealed envelope. The judge can call a recess to review the offers or do it in the court room. The judge can then do as they like…pick the highest or best offer…Can accept more offers…Can decline to see more offers…Can call the whole thing off…pretty much whatever they wish. The judge does however owe a duty to the seller to get as much for the home as possible…so don’t think it will just sell for hundreds of thousands of dollars less then its worth…we are talking market value or near to it. This is kind of like a silent auction but with someone changing the rules a bit.

 

So now the court hearing is over and let’s say you are the lucky winner of your new home….YAY! Well let’s go visit your new property….Hey wait a minute! There were appliances here when you saw it! And the Garage door is broken! Where are all crown mouldings that were stacked in the garage waiting to be installed? Well, like I said earlier you get the home ‘as is’ on the day you take possession NOT the day you last saw the home. If the furnace has been removed or all the cupboards torn out you out of luck…sorry.

 

So after weeks of waiting you finally get your home and you paid more for it then you wanted to and you did not get the product you thought your were going to get…not the best way to buy a house…there are deals out there but they don’t happen often. Just today I was in court waiting at a foreclosure hearing and the room was packed. The people who put in the first offer were there and seven other offers popped up on them. The home was listed for $899,000 and ended up selling for $1,130,000 ‘as is.’ The people who put in the first offer did not get the home…well back to the drawing board.

Sincerely,

Trever

PS. Your referrals to friends and family are always greatly appreciated and rewarded.


Trever Florko, REALTOR®
Century 21 Assurance Realty (Kelowna)
Visit my website:  www.florko.ca
Cell: (250) 859-5990
Office: (250) 869-0101
Fax: (250) 869-0105

A skilled Realtor is an invaluable tool to help facilitate both the finding of the perfect home and the writing of a firm and binding contract. I pride myself on my services and communication skills and will work hard to make your home buying e xperience an enjoyable one. Negotiating a fair price for my clients is one of my strong suits and rest assured that if you employ me as your Realtor you will get the service you desire and deserve.


The information contained herein is confidential information and is intended for the use of the intended recipient only. If you are not the intended recipient, you are hereby notified that any distribution or use of this information is prohibited. If you have received this e-mail in error, please notify the sender immediately and immediately delete this email from your inbox. If you do not wish to receive emails from this address in the future, please reply to this email.
Thank you.

Posted via email from treverflorko's posterous