I JUST RECEIVED AN OFFER BUT I REFUSE TO COUNTER
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August 27th, 2010 by
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Have you ever been involved in selling a home where an offer was made and you refused to counter the buyers offer? Here is some advice for sellers to consider, especially in today’s economic environment.
If a buyer has taken the time to put an offer on paper and submit it to your listing agent, I think you would agree that this is a good sign that they are interested in purchasing your home. Read the rest of this entry »
Biting the Inspection Bully – Prep Your Buyers From Step One
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August 24th, 2010 by
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I know that inspections can be confusing for a buyer. It’s hard to look at a 30 page report of blemishes and not be overwhelmed. It is even harder when a contract is written on a home being sold ‘as is’. I try to help my buyers avoid this confusion by sharing the following three points during our very first meeting. Read the rest of this entry »
California Mortgage Defaults Hit Three-Year Low: Report
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July 26th, 2010 by
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The number of California homeowners entering foreclosure dropped to its lowest level in three years during the second quarter of 2010, according to the San Diego-based real estate research firm MDA DataQuick.
Lenders filed a total of 70,051 notices of default (NODs) with county recorder offices during the April-to-June period, DataQuick reports. NODs represent the first step in the foreclosure process in California.
Summer Home Maintenance
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June 14th, 2010 by
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Summer is a season full of many activities. Pool-side barbecues, family vacations, and children’s backyard campouts are just a few. But there’s another activity that sometimes gets overlooked, and that is summer home maintenance.
This season presents some prime opportunities to make sure your home is in good working order. Let’s examine a few areas you should add to your activity list. Read the rest of this entry »
Selling Your Home to Escape Foreclosure
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May 9th, 2010 by
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If it is that important to you to escape foreclosure there may be some options that you had not considered. It is important to assess what your focus is. In some cases the best approach may be to protect yourself from debt. In other cases the better approach may be to prevent foreclosure from occurring. There are even some instances when entering bankruptcy may be the best option.
Home Price Index Posts First Annual Increase in Three Years
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April 27th, 2010 by
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In yet another sign of stabilization within the housing market, national home prices increased on a year-over-year basis for the first time in three years in February, according to the LoanPeformance Home Price Index (HPI) released Monday by First American CoreLogic.
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April 23rd, 2010 by
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How am I different from other “Realtors”?
I like to think I am different from other realtors out there today. What sets me apart from others? Well, to begin with I am very connected via the internet and email. Many people know how frustrating it can be to try to get hold of your realtor and leave a message and have to wait hours or even days for them to call you back. I don’t believe in that. Read the rest of this entry »
Bank of America Turns $3.2 Billion Profit in Q1
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April 19th, 2010 by
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Posting back-to-back losses in the third and fourth quarters of 2009, the second half of last year was, to say the least, rough for Bank of America. But a new year marks new beginnings, and things seem to be turning around for the nation’s biggest bank. Read the rest of this entry »
Legislature Extends Homebuyer Tax Credit
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March 23rd, 2010 by
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Legislature Extends Homebuyer Tax Credit
Proposals Meant To Boost California’s Economy
POSTED: 6:37 pm PDT March 22, 2010
UPDATED: 7:51 am PDT March 23, 2010
SACRAMENTO, Calif. — California lawmakers have voted to extend a $10,000 tax credit for first-time homebuyers.
The credit will apply to first-time buyers who purchase new or existing homes between May 1 and Dec. 31 of this year. It is for 5 percent of the purchase price, or up to $10,000.
The bill received bipartisan support in the Assembly and Senate on Monday and will be sent to Gov. Arnold Schwarzenegger, who stopped in Salinas last Monday to discuss extending the homebuyer’s tax credit in California.
“We need to inspire people to buy homes,” Schwarzenegger said in Salinas. “The tax credit does that.”
“This tax credit has a proven track record. In 2009 it worked to move the sale of vacant homes, homes that created blight and public safety problems in our neighborhoods,” said Salinas Assemblywoman Anna Caballero, D-District 28, in a statement.
The governor, who proposed the extended tax credit as part of his job-creation initiative, is expected to sign the bill.
“This bill will help the struggling housing market to stabilize, stem the downward slide of property values and put people back to work, all important goals,” Caballero said.
California recently passed a tax break that capped the total credit available at $100 million on new homes purchased between March 1, 2009, and March 1, 2010.
The new bill increases that cap to $200 million and applies to new and existing homes.
Realty Times – The Condo Solution: To Rent or Buy?
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March 23rd, 2010 by
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