Archive | February, 2010

Do you want an average house at a great price or a great house at an average price?

I read a quote from Warren Buffet a few months back. He said: “I would rather buy a great company at an average price than buy an average company at a great price.” I found this one interesting. Often times within the first seconds of a conversation with a home buyer they say, “I’m looking [...]

Read full story Comments { 0 }

I Don’t See This Very Often Lately

Making the move from Realtor to loan officer is not unheard of, but it isn’t that common in today’s marketplace.

Read full story Comments { 2 }

How Long Should You Keep an Insurance Policy?

How Long Should You Keep an Insurance Policy? By Brian Madigan LL.B. In 2007, it was discovered that it was raining marble at the single best location for real estate in Canada, the intersection of King and Bay Streets in Toronto. Canada’s tallest and certainly one of its most prestigious office buildings is First Canadian [...]

Read full story Comments { 1 }

Staging Property for Home Buyers

There are an abundance of sellers putting their houses and properties on the market. When it comes to selling, most people hope to accomplish two things: First, they want to sell their homes quickly; and, Second, they want to sell their homes for a great price. One tried and true way to help accomplish these two things is to property stage the home for sell.

Read full story Comments { 1 }

Newport Beach Short Sale Realtor Market Anaylsis.

Newport Beach Short Sale Experts This residential real estate study is generated by the specialists at the ShortSalesASAP group, who are experts in short sale negotiations, marketing and sales for property owners in Newport Beach and elsewhere in south Orange County. The two tables below show statistics for properties Active for Sale, Pending in Escrow, [...]

Read full story Comments { 0 }

Religion, Insurance Companies and Acts of God

Religion, Insurance Companies and Acts of God By Brian Madigan LL.B. If a tree falls in the forest, no one cares, except perhaps the termites. But, if your neighbour’s tree falls on your house, then there is a little problem. First of all, is your neighbour liable? Let’s say your neighbour has a 35 foot [...]

Read full story Comments { 0 }

Laguna Beach Short Sale Realtor Case Study

Laguna Beach Short Sale Experts Laguna Beach, California: Another short sale has been sold and closed by the team of experts at the ShortSalesASAP Group here in Laguna Beach, CA.  The Short Sales ASAP group is #1 in Short Sale closings in Orange County.  Short Sales are the msot complex of all residential transactions.   Only approximately 40 % [...]

Read full story Comments { 1 }

2010 C.A.R. financing guide for California home buyers

Today’s market holds tremendous opportunities for first-time buyers and the REALTORS® dedicated to assisting them in their first home purchase. Housing affordability is at historic highs in many areas as low mortgage rates, government tax credits, and lower home prices have continued to make the goal of homeownership within reach for every California household−but they [...]

Read full story Comments { 0 }

Why Connected Will Never Replace Connection

I am “attending” the 2010 National Real Estate CyberConvention and Exposition. For those who don’t know, this great trade show all takes place online–you can network in your pajamas. This is my fourth day (the convention started on Sunday) and I have a few thoughts on “cyber” forums: 1. Information is easier to digest with [...]

Read full story Comments { 2 }

Dana Point Short Sale Realtor Market Analysis

Dana Point Short Sale Experts This market summary is for all property listings, as compared to short sales in Dana Point , California. This report was generated by the short sale specialists at the Short Sales ASAP group, who are number one in terms of the volume of  short sale property listings sold and closed in Orange [...]

Read full story Comments { 0 }

$6500 Tax Credit

Tick, Tick, Tick…the clock is ticking on your ability to get FREE money from the US government.  I understand that the wintertime is cold, travel is hard, and frankly the homes don’t look as appealing.  So, is waiting an option?  Ask yourself a couple questions.  Are you looking to purchase a home this summer?  Are [...]

Read full story Comments { 0 }

The Mortgage Market is Beginning to Show Improvements

Economists have stated that the mortgage market is beginning to take a turn for the better, as fewer homeowners fell behind on their mortgages in the last three months of 2009. Although the reduction is slight – only a fraction of a percentage point – economists say this is a significant change for the better [...]

Read full story Comments { 0 }

How Are You Dealing With Financially Challenged Clients?

As the country struggles to get back on its financial feet, it is more likely than ever that as a real estate agent you will be seeing a higher number of clients with poor credit scores, bankruptcies, foreclosures, as well as a short employment history.  All of which can make your job of getting them [...]

Read full story Comments { 0 }

Kelli J Paddila- Short Sale Expert Intro

 Kelli J Paddilla- Short Sale Expert During my first few years as a real estate agent I helped in securing over 80 real estate investment properties for real estate investors in Colorado.  My experience had shown me that this was not the rout I wanted to take because I was helping people get rich and [...]

Read full story Comments { 0 }

Really?

First I finalized my re-finance, then I had to go to the hospital. OK, so that’s a lie. But, after signing and initialing the approximately fourteen thousand pieces of paper, I could have sworn I had carpel-tunnel syndrome. Late last week, I completed the re-finance of my home. I was a bit early for my [...]

Read full story Comments { 0 }

Placentia Short Sale Realtor Market Summary.

Placentia Short Sale Experts This residential real estate study is generated by the specialists at the ShortSalesASAP group, who are experts in short sale negotiations, marketing and sales for property owners in Placentia and elsewhere in south Orange County. The two tables below show statistics for properties Active for Sale, Pending in Escrow, and Sold [...]

Read full story Comments { 0 }

It IS Easy Being Green…

DotLoop is in New Orleans, helping to celebrate the Keller Williams Family Reunion. So it seems fitting that Saturday’s topic of choice was about the green initiative. The EcoBroker Energy Advantage™ courseoffered on Saturday gave agents and brokers alike a crash course in the Energy Advantage curriculum, which was designed to teach them about the benefits [...]

Read full story Comments { 0 }

Exterior Remodeling Projects: How they save cash when it comes to selling homes

While perusing through some of the recently published articles on Realtor.org, I came across Leanne Jernigan’s post regarding remodeled or refurbished properties and how some specific exterior remodeling projects kicked back 80 percent of their costs upon resale.  Particularly helpful to first time home buyers, owners and realtors specializing in selling homes, these stats compiled [...]

Read full story Comments { 0 }

Santa Clara Mortgage Rates & Housing Update

Weekly update on Santa Clara Mortgage Rates, Housing Trends and top Economy news. The week that was: Freddie Mac in its Primary Mortgage Market Survey® reported that the 30-year fixed-rate mortgage (FRM) averaged 4.93 percent with an average 0.7 point for the week ending February 18, 2010.  The 5-year adjustable-rate mortgage (ARM) averaged 4.12 percent this [...]

Read full story Comments { 0 }

Interest Rates are on the Way Up

Interest Rates on the Way UP! By Brian Madigan LL.B. The interest rate environment in North America has been low. The US Federal Reserve has maintained the discount rate at 0.50% since June 2006. Now, the rate has now increased to 0.75%. This comes in response to the improvement in financial market conditions. The new [...]

Read full story Comments { 0 }