Don’t surf all over the web trying to figure out what’s going on…I did it for you. Here is this week’s more meaningful news and insight into the real estate market: June 3, 2011 Foreclosure Settlement to come in a “matter of weeks,” HUD Secretary Says from L.A. Times June 1, 2011 Mortgage Rates Today: [...]
Today I rented out my condo in Brighton. Every time I visit a great investment property it makes me want to own more and more. The way I feel about real estate is the way I feel about books - you can’t have too many. But unlike books, investment properties can be demanding in way [...]
Yes, even in a buyer’s market, a buyer is not in total control of the outcome of an offer to purchase. There are many situations in which properties are hot, and they will have several offers from buyers. Situations in which you, as a buyer, may not be holding all the cards include buying properties [...]
Today’s market can be a difficult one for many sellers to navigate. While your real estate agent can advise you, the ultimate decision of what offer to accept is entirely up to you. This decision can come with quite a bit of pressure. Even in the most favorable of markets this can be a difficult [...]
Bad service offends me. For me, one of the best parts of the reach of social media and the internet in general is how word travels fast and far, no one gets away with disappointing people too much. This has increased competition to the point that as consumers we expect great service. At least we [...]
Not every market is struggling. The truth is that many desirable neighborhoods and zip codes are still experiencing healthy inventory levels and conditions that promote multiple offers. As a home buyer in these markets, how can you be competitive? First, and perhaps most importantly, be ready to buy. Readiness is not impulsiveness, however. Before you [...]
Home sellers are reluctant to say no to offers these days. The fear of losing a buyer overwhelms the reasoning behind selling in the first place. In such a strong buyer’s market, it is very common to find a home seller ready to take imperfect offers and risky buyers. There are three reasons, though, that [...]
We want to fall in love with the home we buy. Between the money it will cost and the years we’ll live there, and the overall investment of maintaining the home, how could we be anything but in love? That is an ideal situation! Loving the home and having no doubt about it whatsoever. Home [...]
That’s great advice I heard from a great agent many years ago. I’ve used this advice in my whole career and always share it with my clients. I don’t care what the economy is doing…Never Accept the First Offer! That sounds like crazy talk when considering the current housing market. But remember that the offer [...]
There are many variables making a home right for you. It is a big task making the right decision and ensuring all your needs are met. Although buyer’s remorse is relatively uncommon in homebuying, you want to do your due diligence to make sure you’ll be happy the day you move in, and the years [...]