Steven Maislin's blog
Few professions demand the same time commitment, dedication and versatility as I do.
The hours I spend in my car – shuttling from listing appointments to open houses, talking about life, love, and the ungodly state of the market – is but the tip of the iceberg. Then there’s the pile of off-hour tasks I need to fulfil, market trends to keep up with, legal knowledge I must possess, and expertise in interior design that make up just a few more reasons you shouldn't move without me.
In today’s real estate market, it’s not unusual for new home buyers to find themselves in a dilemma.
One situation can be that the value of the pre-construction house drops below the contract purchase price, and they cannot get enough mortgage financing to close on the deal. At the same time, they are unable to sell their existing house for enough money to provide the down payment on the new home.
I have several clients stuck in this situation. Some of my colleagues have clients with the same problem.