Tuesday, December 2, 2008
Tuesday, November 11, 2008
- The eleventh hour... of the eleventh day... of the eleventh month. The commemoration of the end of "The War To End All Wars" - the end of World War I in 1918. Sometimes eloquence wins out over the sobering notion of our human nature, does it not? In the aftermath of WWII, President Eisenhower made November 11th - "Veteran's Day" - an official US holiday to honor those who have served this nation in uniform. This is a fitting complement to "Memorial Day" which honors those killed in service to this country. President Calvin Coolidge opined that, "A nation which does not remember its Veterans, will soon no longer be remembered."
- I attended two Veteran's Day events today. One at 9:00AM at Heroes Memorial Park and one at 10:00AM at the new Flagler County Administration Building. Both were short, simple, reverent, and compelling. I shook hands with a 90 year old veteran of the Battle of the Bulge. I introduced myself and told him that my uncle had been a glider pilot and shot down and killed in that same battle. He allowed that he too had been a glider pilot all those years ago.
- Something bothered me today... maybe "concerned" is a better word. I'll bet that fewer than 10% of those attending either event was under the age of 60. So many Soldiers, Airmen, Sailors, Marines, and Coast Guardsmen with white hair and bad knees. Hats, vests, and jackets with patches, pins, medals, and campaign ribbons from WWII, Korea, and Viet Nam. But where were the younger people? Just look at the roles of organizations like the VFW and the American Legion. Disproportionately older. This country is currently in economic chaos and I sure hope we can fix it. The bigger challenge, however, is the battle for this nation's soul. Who are we? What do we stand for? What will we fight for? Do we still honor our Founding Fathers and the Constitution and the Bill of Rights... or do we want to change things... mix it up... "modernize" those old concepts?
- We have a new President now. I pray for his success as our leader and as the Commander in Chief of our military forces. I voted for the other guy, yet I passionately want President Obama to succeed. The phrase that hit me hard on election night went like this: "The Republicans have lost this election because their campaign was aimed at how America used to look. The Democrats have won because their efforts have been targeted at what America looks like today." Powerful statement. My hope is that "what we look like today" still honors this country's traditions and pays tribute to its veterans - and pays attention to what President Calvin Coolidge said. God Bless our Veterans and God Bless America.
Saturday, September 13, 2008
- Right under these instructions, click on the word, "comments."
- There will be a block marked, "Leave your comment." Type your thoughts in that block.
- There will be a block marked, "Word Verification." In the block, just re-type the word written in squiggly letters. (This is to keep "Spam" ads from auto-filling the site)
- Next, you will see "Choose an identity," with four choices. Click on "Name/URL" and type your name in the "Name" block.
- Click on "Publish Your Comment."
- There! Done! Easy! You are now a blogger!
Thank you, everyone:-) Frank
Wednesday, August 13, 2008
- Be cautious of "Credit repair" offers. "Just $49.95 a month and we do all the work!?" Be careful. You can often do most of this on your own with a little discipline.
- You can get a free credit report, once a year, from the three major credit reporting agencies, without dinging your score. They are Equifax, Experian, and Trans Union.
- In simple terms, your score depends on: Your payment history, The amounts you currently owe, The length of your current credit history, The types of credit you use, and New credit you may have.
- Pay your bills on time. Late payments are credit killers. If you miss the due date, make every effort to pay before the next billing cycle. This can keep the tardiness from becoming a reportable event. Use your bank's on-line payment system for convenience and super record keeping.
- Keep credit card and store revolving credit card balances low.
- If you are "past due" on an account, get current.
- Don't close unused accounts.
- Don't open any new accounts.
- If you are having trouble with payments, call the creditor and make an attempt to work it out. Being pro-active can yield some decent outcomes.
- If your credit report shows items that you are in disagreement with, write them letters of explanation. Everyone seems to have a story about a divorce or a rogue insurance non-payment, or a totally un-explainable item on their report ("I never even had a Sears charge card!"). Deal with these pesky issues and you'll be rewarded.
- Create a plan. Write it out. Have a timeline, by which you want these problems solved. Make it a priority and you will eventually enjoy the benefits.
There... Hope this is useful. Call us and we'll help you do this. Then, when you are ready, we'll help you purchase a home!
Monday, August 11, 2008
Thursday, July 24, 2008
Monday, July 21, 2008
There would be three gas stations in a row, let's say an Esso, a Sinclair, and an Atlantic ("Atlantic keeps your car on the go - for business or pleasure - in any kind of weather - Atlantic keeps your car on the go..."). But I digress. The first would advertise "26 cents a gallon"... the second would be "25 cents" and the next "24 cents." For this, they all ran out to the car - washed your windows, checked your oil and tires and coolant - and pumped your gas. I wonder if they do that today in China? They would see-saw and my father loved it. I don't know what kind of mileage our 1952 Hudson Wasp got, but it was a tank.
Much later, my high school years of 1959-1963, would let us cruise a Friday night date for $2 bucks in the tank. That was my hourly wage at Mr. Wallace's drug store. It's funny, because if a kid makes $8 bucks an hour today, that still is enough for gas on Friday night. The new Chevy Impala then was about $2,500, today it's $25,000.
Our problem, as Americans, is that we are voracious consumers. After WWII, Europe went for small cars, small apartments, and scooters. We morphed into 59' Caddy's, Hummers, McMansions, and Harleys. Not to mention Big Macs, Mega Big Gulps, Biggie Fries, and "All you can eat buffets." Well, we're paying the piper today.
There was a great story on cable last night about the 2009 Tokyo Auto Show. The cars were absolutely gorgeous. Beautiful to look at - cheap to buy - and seriously economical to operate. But guess what? Nearly none of them are produced for the US market? Why? BECAUSE WE NEED HUMMERS, DARN IT! WE MUST HAVE 4X4 DRIVE. WE MUST BE READY FOR.... WHATEVER!!!
Tuesday, July 15, 2008
It's the story of "Christian the Lion" and I hope you enjoy it... Click the link, below:
Monday, July 7, 2008
Saturday, June 7, 2008
Official Gmail Blog: New Gmail for the iPhone * No doubt - These are very helpful:
- http://www.realestateforheroes.com/ (current or retired military, law enforcement, fire & rescue, teachers, nurses... also all honorably discharged military veterans)
- http://www.palmcoastunplugged.com/ (an informative and entertaining Blog... hits on Palm Coast and Flagler County, Florida... as well as keen insight to local and national economic issues... with a real estate flavor)
- http://www.thewaterfrontbroker.com/ (you want Florida Waterfront?... Look no further!)
- http://www.frankzedar.remax.com/ (access to MLS listings... great property search tool)
- Contact: Frank Zedar (email: frankzedar@Gmail.com,
Monday, May 26, 2008
Tuesday, May 13, 2008
Monday, April 21, 2008
- Many sellers are angry or confused... or both. Their sense of entitlement is overwhelming, as they firmly believe that the value of their home cannot - EVER - go down... "because this is America!" Nearly every consultation with a seller begins with, "We're not going to give our house away." In this market, having a realistic seller is akin to having a bucket of gold.
- There are really THREE (3) MLS databases:
- The first is called "Fantasyland." This is where the above-referenced sellers have their homes listed at "pre-2006" prices. They are hoping and praying and playing ostrich. They haven't read the paper...
- Secondly, there are the "Short Sale" listings. This is where folks go who are trying to avoid foreclosure. Investors go here too, because they think it's a "get out of jail free" database. They don't understand that banks are in the business of making money and are exceedingly reluctant to let people off the hook... who have other assets! Today, "short sale" listings have become a catch-all of teaser prices. WARNING: If you get involved as an agent or a buyer here, do your homework and be prepared to wait a long time (90-120 days) for an answer. HINT: The answer is often, "No." In order to end up with a successful closing, list prices should be about 10% below market - to prompt offers. Offers, on the other hand should be close to market, in order to elicit a positive response from the bank. Regarding price? Make sure the relationship between your offer and the mortgage payoff amount makes sense. The bank won't take "$150,000... on a house appraised at $275,000... with a payoff of $350,000."
- The third database is where motivated sellers (Harry and Mary Homeowner, Banks, REOs) are listed and are ready to do business... today.Today, there are 10,809 "Sold" properties in our database, from the past 36 months. Of these, there are 77 short sales. That's about six tenths of 1% of the database. Hardly a panacea for great deals.
- Just because it says "foreclosure" or "REO bank-owned," does not automatically qualify them for Investor Nirvana. Look at all your options, as there may be Mom & Pop sellers who are highly motivated too.
- Because you peruse the Internet sites and see lots of homes for sale, does not mean you "know the market." If I go to a medical web site and look at photos and read all about knee replacement surgery, I'm still not an orthopaedic surgeon. This is a tough business sometimes... and we are fully immersed. There is an amazing amount of "turmoil" under the surface of a real estate transaction. With 22 years of real estate sales and training agents and sales management, personal investing, constant reading and personal education... along with chairing our Arbitration Committee and conducting mediation of real estate related disputes... I (and others like me) can really help you make good decisions.
This market won't last forever, Thank God. There are plenty of signs that initial recovery has started. We are really busy! It's not like 1999-2005... and it's not a lot of Waterfront, Canals, and Hammock Beach, but we are busy. Why? Because those that missed the boat last time around, don't want to miss it again. As the lower end clears out, the funnel will flow more freely for the rest of the market. Hallelujah!
Tuesday, April 8, 2008
Thursday, March 20, 2008
- Educators in Florida are really concerned about budgets and funding. "It's such a volatile issue," he said. "We get nervous when the lawmakers start changing the rules." Traditionally, the bulk of school funding has come from property taxes. "If we ever get to where we are funded by a State sales tax, it would be very difficult to predict revenues... and, therefore, more difficult to make meaningful plans."
- If the current economy sends property values, and hence property taxes, much lower... there's trouble ahead. In case you missed it, Flagler is still the fastest growing county in Florida. Matanzas High School is now FPC's "cross-town-rival"... more elementary and middle schools... more kids... more teachers needed. Wait a minute, doesn't that take more money to run the show? I couldn't help but think that Florida's median age is steadily dropping... and that means more kids. We better be prepared to fund their education!
- It seems as though our kids are making headway. Those in charge seem to have more faith in the young folks, as key negative statistics (teen pregnancy, violence, drop-outs) have taken a downward trend. "We're investing in them where it counts." In less than five years, the county schools have gone from about 2,000 computers to about 8,000! "We're doing our best to teach them about relationship building, technology, and economic globalization." "America is not all about assembly lines, like in previous generations... that's why we are focusing on teaching the students problem solving skills. We want them prepared for the realities of the world they will face."
Oh, that program for teachers I was there to brief? It's called: www.RealEstateForHeroes.com and has been created for "Military Forces, Law Enforcement Personnel, Firefighters-EMT-Rescue, Federal Agents, Nurses, and Teachers." It has been set up to provide real, usable, no-nonsense assistance for our community's every day heroes. It helps in a big way, when they choose to purchase or sell real estate, either for personal or investment purposes. To learn more, go to the website or call me direct at 386-931-1987.
So what's the last thing "Mr. Delbrugge" says to me? "Give my best to Zach... and tell him if there's any way possible, I'll be at his Firefighter Academy graduation." That's what we in real estate call "service after the sale..."