Have We Hit the Bottom
I was reading the January/February 2009 edition of the California Association of Realtors Magazine and came across this article I thought I would share. The article has good facts with a positive economic forecast for 2009 and the graph is a great visual representation of the history of the market.
To read the full article click on the thumbnail image of the article below, then click once more on the article to make the content larger.
An agent can make a difference
as long as we communicate
I have been working with a young couple looking for their first house for 8 month. They have good jobs and great credit. Why haven’t they been able to get a house? We have seen over 70 properties, and I have previewed over 250, their price range and area has a lot of short sales. Over this 8 month time span we have attempted to write 6 offers and finally one looks like it will close.
What I observed in the last few outings when we were looking at properties puzzled me, these two people would drive up to a house and without leaving the car tells me to go straight to the next property. I tell them that it is nice and we should see it but they refuse.
Questions! Why so many questions?
You’ve decided to go out and jump into the home buying process. Good for you! You think, this will be fun…driving around neighborhoods, looking for homes, thinking about all the ways you’ll redecorate. What you might not think about is all the questions you are going to be asked and all the personal information you’ll be expected to share. I’ve had one client lament it would feel less vulnerable standing in a room full of strangers with their skivs on than laying out all the details of their life. But like many things, that which isn’t pleasant may still be good for us. Read more
Mixing Business with Pleasure… does it actually mix?
Have you ever felt obligated to use a family member when it came to a business deal? While most of us have, has it ever left you wondering if that was the best decision? In some cases, it is an ideal circumstance. While in others it may be an uncomfortable situation that you were strong armed into. Read more
8 Reasons why you should have a real estate professional on your team
Most of us do not purchase or sell real estate monthly or yearly but there is much more available from a real estate professional than buying or selling a property. If someone were to ask you, “Do you have a real estate agent?” what would your reply be? Read more
Just how SHORT are short sales anyway?
Want the “short” answer?… But seriously, a short sale transaction can actually take much longer than a regular sale. First of all, what exactly is a short sale? A short sale is when a home is being sold for less than what is owed on it, i.e. the proceeds from the sale would not be enough to pay off the loan and thus fall “short.” Because the lender is taking a loss, the sale cannot take place without approval from the lender. Unfortunately, the process of getting that approval can sometimes take weeks, even months, depending on the lender.
Here are a few things to keep in mind if you’re thinking about buying a short sale: Read more
Why Does a Good Realtor (R) Make a Difference?
One real estate agent is as good as the next…right? As a hard working, professional, full time Realtor ® my answer would have to be WRONG! A good agent offers an invaluable service by providing a client with a feeling of security in one of the biggest financial transactions they will ever make. Security emotionally, financially and legally. Read more
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