Purchasing property at any point in life can be a pleasant yet stressful task. If you were going to court with a very expensive outcome would you go un-represented or even represented by someone you were unsure with? I sure hope not.. The Honolulu Board of REALTORS® has put together just of few of the [...]
Archive | July, 2011
REALTORS® vs. Real Estate Agents
At first glance a REALTOR® and Real Estate Agent seem to be the same person. All REALTORS® are Real Estate Agents, but not all Real Estate Agents are REALTORS®. Confused? From the Honolulu Board of Realtors and Realtor.org, “a REALTOR® is an individual licensed to list and sell real estate and is also a member of a local [...]
Short Sale, Foreclosure and REO
Many consumers confuse a Short Sale Property and a Foreclosed Property. This is something that majority of consumers have difficulty between defining the two and then what is an REO? Well I thought we would look at each and get a little better understanding of the terms. According to Realtor.org here is how they define [...]
Leasehold vs. Fee Simple
Each day I have buyers asking about the difference of Fee Simple Property and Leasehold Property, asking to explain Leasehold Property or wondering why Leasehold Properties will sell far below the price of a Fee Simple Property. Since these are everyday questions and inquiries I thought it would be a good article to discuss. According [...]
Why Now is the Perfect Time to Invest in Foreclosures
As any real estate professional knows, today’s market is a buyer’s market. Low home prices, dirt-cheap interest rates, and an overflowing supply of homes give buyers the upper hand in the market. But with seemingly every incentive to purchase known to man available now, all at the same time, qualified buyers are still wary of [...]
Distressed Homes Muddy the “Real” Data
As has been discussed here and in many other places, the housing statistics that are ubiquitous and continually pounding the life out of everyone must be kept in context. The fact is, unless the data is broken down piece by piece to ensure accuracy and legitimacy, it probably isn’t reliable. Everyone agrees that the real [...]
Pricing a Home in Today’s Real Estate Market
During the pre-recession housing boom, home prices increased at a staggering rate. Homes no longer experienced the steady price appreciation of 3 – 6 percent per year that had been the standard for several decades—all expected norms went out the window. As a result, houses became harder to price and homeowners often enjoyed a veritable [...]
Home Ownership Sentiment Remains Positive
Despite the ups and downs of the housing market and the decline in housing values, most homeowners, including those who are under water on their mortgages, don’t regret owning a home. In a new survey by the National Association of Home Builders, three out of four Americans believe that owning a home is the best [...]
Santa Clara County Conforming and FHA Jumbo Loan Limits Going Down
Santa Clara County Conforming and FHA Mortgage Jumbo Loan Limits are Going Down in less than 4 weeks. Watch the Video below that talks about the FHA and Conforming Jumbo Loan Amounts going down to $625,000 and how will that impact Mortgage Financing for Home Purchase/refinance and Real Estate Prices in the area. Be sure [...]
As Atlanta Foreclosures Grow so does the Mold
As has been mentioned at least a few hundred times, I’m a broker as well as certified appraiser. Since ’89 I’ve appraised and reviewed thousands of homes, currently I’ve been completing foreclosure assignments all over the Metro Atlanta area. No agent knows the market as well as an appraiser; we are in the field daily, [...]
Your Fate is Tied to That Real Estate Agent
What’s the most important thing to consider when selecting a real estate agent? Is a large franchise better than a local independent company? Here in Metro Atlanta there are several of each variety; a few of the independents have hundreds of agents while others are “boutique” or “single/small team” offices. Given the myriad of choices, what are the most important things to consider when selecting a real estate firm and agent to represent you?
How Critical Thinking Skills Improve Business
Posted by: DotLoop, Where Deals Get Done™ Stay on the ball, focus on the goal at hand and keep your head in the game. How often have we all heard these sayings? Meant to emphasize the importance of concentrating on one task, they’re often applied to the business world. The more focus you can put [...]
It’s All in the Location
How important is property location? Very. When considering a house purchase, it’s always wise to weigh how property values may rise – or fall – before making an investment. Generally speaking, property values tend to rise in neighborhoods where there is a transit route that cuts commute time. What’s more, houses located within the jurisdiction [...]
Understanding Appraisals and Appraised Values
An appraisal is required by your lender when you apply for a mortgage or refinance your home. It is merely a report prepared by a certified property appraiser which determines the value of your home based upon the size, lot size, upgrades and amenities, age and room additions. The borrower is required to pay for [...]
The Happy Homeowner
You’ve always known that owning a home meant more than putting a roof over your head, but now there’s proof. The positive Karma that comes from owning a home results in higher life satisfaction and happiness, says Robert Dietz, author of a study on the social benefits of homeownership. What’s more, those benefits extend to [...]
Toronto Real Estate Performance Index
ORES Real Estate Index for June 2011 Ontario Real Estate Source By Brian Madigan LL.B. It is often difficult to compare various numbers and statistics to one another. Graphs can be helpful, but sometimes you just want to look at the numbers. Here is the “ORES REAL ESTATE INDEX” which [...]
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Carmen Brodeur: Very interesting! I better go buy more wrinkle cre...
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Ria Grace: What is good of having custom home is that you can...
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Patrick: A great online property management forum is agents...
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Kyle Pearce: Unfortunately, in every industry, there are some w...
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$10000 California First Time Home Buyer and New Home Tax Credit Extended
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Unite Against the Sarasota MLS Board
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Short Sale Heaven Coming April 5th 2010
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The Lones Group – Real Estate Social Media Marketing Firm – Sues Agent For Being A Zebra
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California Senate Bill 94 (SB94): Passes; Not even Attorneys can do it!
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