Buyers
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Thursday, January 21st, 2010Earlier today I was searching the MLS looking for condos to show a client. I came across one that looked particularly nice and, from the photos, appeared to have a very spacious living room. But as I looked closer, I realized that I have seen this floor plan many times and the living room isn’t […]
Free Foreclosure Workshop
Wednesday, January 13th, 2010There are two upcoming workshops for people who are worried about foreclosure or are going through the foreclosure process. The event is presented by OC HOPE (Orange County Home Ownership Preservation Collaborative) and sponsored by the Orange County Association of REALTORS. The workshops are free and will be in both English and Spanish. You will […]
Get a C.L.U.E. Report
Tuesday, August 18th, 2009When you make an offer on a house, make it contingent on the seller providing a C.L.U.E. report. Comprehensive Loss Underwriting Exchange, hence the name C.L.U.E. report, is an information exchange insurance companies use to obtain prior claim history of personal property as well as automobiles.
Why is the claim history on the house important to […]
Make It Your Highest and Best Offer
Monday, July 20th, 2009I have had this conversation with several clients recently regarding bank owned listings. When you make an offer, it must be your “highest and best”. While it is understandable that buyers do not want to pay more than they have to for a property, the old days of making a low offer and expecting a seller to counter do […]
Mortgage Protection Plan for First-Time Buyers
Tuesday, April 28th, 2009With home prices down and interest rates really low, most first-time buyers know this is a great time to buy. But with the constant news of job losses, many are hesitant to make the move. To help relieve the pressure, the California Association of REALTORS has started a new mortgage protection plan to benefit first-time buyers.
C.A.R. president, […]
Tips on Buying Fixer-Upper Houses
Friday, April 17th, 2009Buying a fixer can be fun and very profitable, but it can also be a financial disaster and very stressful. Here are some tips to keep in mind when you are looking at homes:
Know what you are buying. A “fixer” can mean a lot of different things, from a cosmetic fixer in need of only carpet and […]
Beware of Foreclosure Scams!
Tuesday, April 7th, 2009It is already bad enough to have suffer through the heartache and stress of the foreclosure process and the possibility of losing your home. But to be the victim of a scam that takes advantage of you makes it even worse.
The increase in the number of foreclosures has also increased the number of predators preying on vulnerable […]
Stray From the Herd
Monday, January 19th, 2009In a recent Orange County Register article, “O.C.’s Expert Observers Tell What’s Scary“, REALTOR, Steve Thomas comments on “herd mentality”. This is similar to what Donald Trump refers to as “group think” in his audio book, Why We Want You To Be Rich, co-authored with Robert Kiyosaki. Herd mentality or group think is when people do things […]
The Market Gives Us Another Investment Opportunity
Sunday, January 4th, 2009The steep decline in housing prices has brought investors to the market in full force. Many are buying in the bottom price range of the market. In Orange County that consists of primarily of low to mid-priced condominiums. These homes were hit really hard by the demise of the real estate market. Now we are seeing […]
Should I Buy Now Or Wait for Prices To Go Down More?
Monday, July 7th, 2008Although a lot of people are taking advantage of this buyers’ market, otheres are unsure about buying a house as they are concerned that prices may still be declining. It almost seems as if some people are waiting for prices to go up before they will feel good about buying. However, when prices do go up, some people who are qualified […]
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