real estate: 31212 Palomar Road, Menifee Ca. 92584 Beautiful Bank Owned Home. - 07/21/11 03:55 PM
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real estate: The Old Bait and Switch by Buyers Agents: Not on My Watch. - 07/31/10 10:31 PM
It seems ethics for many Real Estate Agents and even their buyers has gone the way of the Dodo bird in this market. What folks don't seem to understand is not only are their actions morally wrong they are committing fraud and that there may be financial repercussions to be suffered. As far as criminal penalties I doubt that it will ever come to that as it's hard to substantiate.
The newest situation I have encountered recently involves USDA loans in Menifee Ca. USDA will still make a 100% percent loan in certain areas and that, in my opinion, is a good thing … (8 comments)
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real estate: Be Careful What You Ask For: You May Get It. - 05/30/10 07:37 PM
In Real Estate transactions it is not unusual for a buyer to ask for an item to remain and become a part of the sale that is actually personal property of the sellers. An example of this would be the washer and dryer or maybe the refrigerator or a statue on the lawn. Buyers should be careful when making such requests as many times the seller may get offended as they feel the buyers want "My Stuff" or there is sentimental value they may place on an item.
Years ago I represented a seller on a home in Murrieta California and when … (11 comments)
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real estate: Call your Sellers as I'm going to Write an Offer: I Don't Think So!!!!!!! - 05/24/10 10:49 PM
There has been much discussion recently about calling the home seller when an agent calls and says they are "going to write an offer" for their clients. Most Real Estate Agents were not in favor of calling the home seller to relay this information but a few made valid points that the seller should be informed. I personally do not inform the seller of "a what if offer" as I was hired for my Professional abilities to keep them off of an emotional Roller Coaster. You can't take an "I'm Going to Write" offer to escrow. I'm going to win the Lottery … (15 comments)
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real estate: Waiting for the Return of a Normal Real Estate Market in Murrieta California. - 04/25/10 07:45 PM
There is Much talk about the State of the Real Estate Market across the Country and Murrieta California is no Exception. It is a fact that the prices of homes are significantly down from a few years ago but are we in a 'bad' market? Depends on the source and the interpretation of the data that is available as perception is in the eye of the beholder. Interest rates for home loans are still low at 5%-6.5%, in 1978 I paid 10% for a FHA loan, so to some that may still be high but to people like me it's Cheap money … (6 comments)
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real estate: Protecting Personal Information In A Real Estate Transaction. - 06/25/09 10:02 PM
Real Estate transactions are complicated with much information being exchanged between the involved parties. Every buyer will be required to get a loan, other than cash purchases, and as we all know much information will be needed. Credit reports will be pulled, bank account balances will be verified and tax returns will be looked at. This is necessary to obtain a loan and you will be safe giving this to your lender.
The problems can arise with other aspects of the transaction in my opinion. I haven't seen any bad things take place in the transactions I have been involved with … (9 comments)
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real estate: Crystal Balls and Real Estate: Most of the Balls are Dusty!!!!! - 06/23/09 10:21 PM
When it comes to Real Estate it seems everyone has an opinion or question. In today's market almost every day on TV, the Internet or in the newspaper you will get the opinion of a so called expert as to what's going on with the market and what the future holds. The experts hold their opinion as the Gospel Truth but in the scheme of things it's only an Opinion.
With so many different talking heads people throwing their so called expertise into the mix it's no wonder the consumers are confused. Last week on TV I so a reporter in … (5 comments)
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real estate: Cheap Tip That Brings Results and Profits Columbo Style. - 12/01/08 11:06 AM
Since I Sometimes Feel like the Andy Rooney of Real Estate in the sense that if some of the old skool ways work and bring business why are we throwing them out the window. Sure we have many new ways to connect with clients but there are also some old ways that continue to work. Why not combine them and increase your business.
Did You ever See the Columbo Tv Series where Detective Columbo always got the information he needed to catch the bad guy but obtained the information in a non threatening manner. If you are too young to remember that … (71 comments)
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real estate: You're So Lucky!!!! Yeah Right. - 11/22/08 06:21 PM
After being in the Real Estate Business for 20 Plus Years I have learned hard work and determination brings positive results but it amazes me how some people equate Work that produces success with simply being Lucky. After all effort was put into the Work that produced the results and luck may be a factor but in and of itself luck is only a byproduct of the work.
Last Saturday I held an Open House on a new listing that was priced to sell by the Bank who had foreclosed on the property. Normally the home that is held "Open" does not sell at … (28 comments)
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real estate: 39413 Colony Union St. Murrieta Ca.: Real Estate Owned - 10/30/08 05:08 PM
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real estate: The Media and Real Estate: A Toxic Relationship? - 10/19/08 10:13 AM
All of Us Rely on the Media to Keep us Informed " Up To The Minute" on Current Events and the manner we receive this information varies from the Internet, Television and the old fashion Newspaper but the fact remains we all to a certain degree allow others to influence our opinions. What if the information we receive is slanted to fit the Ideals of the Reporter and how much influence does it have on the population as a whole? Does this create a mindset that influences people's attitude? You bet it does but do most people investigate the information to see … (65 comments)
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real estate: OMG!!!! I've Been Googled. - 10/15/08 07:27 PM
The Past Four Days I Have Been Home Sick just laying around the house feeling like pooh doing what I can on the computer while my partner Darla takes care of things at the office. Basically I wait for my wife to get home so I can whine and complain as to how lousy I feel. Probably the reason she has been working overtime at Her office this week.
Anyway Today My Daughter and Son in Law Come Over to do their laundry, newlyweds so why not use Mom & Dads stuff, and while we were sitting on the patio Jon, son … (42 comments)
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real estate: What Works for Me May Not Work for You!!!!! - 10/13/08 12:15 PM
One of Best Aspects of the Real Estate Business is is that it is a reflection of society as a whole in the fact we are are individuals and approach life and business in different ways but most times are looking for the same results and that is to be successful as we each define success. There is no perfect way to go about it and some ways work better than others, all involve hard work and perseverance, but what works for me may not work for you and vice versa.
My Clients Vary across A broad Spectrum From first time buyers to multi millionaires, … (47 comments)
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real estate: Murrieta City Council Turns A Profit on Land Sale: Lets Send Them to Washington!!! - 10/07/08 07:31 PM
With All The Uproar About The Financial Markets and the lack of response from our elected Representatives in the nations Capitol as they continue to waste Billions of dollars it is refreshing to hear some elected officials are actually doing a Good job. The Murrieta City Council is one of the groups making sure the work they perform benefits those that elected them not themselves.
In September The Council Acting As The City Redevelopment Agencysold 9.8 acres of land situated between Madison Avenue and Interstate 15 behind, Wal Mart, for $5.2 Million The property is slated for development bringing 2 hotels … (12 comments)
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real estate: What Will The Last Quarter of The Year Look Like? - 09/29/08 06:23 PM
When I Began My Real Estate Career back in the 80s I was fortunate enough to work for a large brokerage with 700+ agents working within 7 offices and many of the agents were the Top agents in the country and my office was one of three that had a weekly caravan of combined new listings that we previewed together. I learned very quickly that one agent in particular was the top of the top and she was best friends with my office manager and they always went on tour together so I would arrive early every week and ride with them. … (16 comments)
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real estate: An Offer to Sale: An Offer To Purchase: A 1700 Mile Handshake And A Deal Done!!!! - 09/28/08 08:10 PM
My Roots In Real Estate Go Back over 100 years all the way to my Grandpa Higginson my mothers side of the family who was a great man who owned thousands upon thousands of acres of land, many seperated as Farms with houses, in and outside of Johnson City, Tn. and in the days when Banks were hesitant to lend to People Of Color, I never understood that term as I always wondered " What Color"? he sold and carried the,"notes", first trust deeds on these properties and he told me as a teenager he never lost one penny on these loans and … (14 comments)
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real estate: ActiveRain: It's Business, It's Social: A Great Combination. - 09/25/08 01:53 AM
Much Has Been Written About ActiveRain Recently on the topic of it being a Real Estate site as opposed to a social site and many have given their opinion weighing in on both sides of the issue bringing valid points to each side but the debate will never be finished as ActiveRain is what each of us makes of it for ourselves individually.
As for myself ActiveRain is the Best of Both Worlds as it allows me to reach out to the consumer and to also interact with other Real Estate Professionals, Lenders, Home Inspectors,Home Stagers and the list goes on and … (44 comments)
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real estate: What Is your Therapy? We All Need Some!!!! - 09/15/08 09:57 AM
As Life Becomes More Instantaneous With Constant communication in the form of e-mail, text messaging, voice mail and the old fashion telephone call all of our lives have become more connected and at times we as human beings do not give one another the same courtesy we expect for ourselves and that is the fact that all of us need some time off no matter the line of work we are involved in and with all of the technology at our disposal the technology has caused our lives to become more complicated.
Many People Get In the Habit Of Working Hard … (75 comments)
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real estate: Got Crack? It Does Affect Value. - 06/08/08 04:07 PM
Three weeks ago I was assigned a foreclosed property in the La Cresta area of Murrieta Ca. by the bank that now owns it and the first thing a bank always asks is the property occupied and if not do a BPO ( Broker Price Opinion) and then a price will be set according to estimated value. No problem right? Wrong.
When working with a bank owned property (REO) the agent is the eyes for the bank and I am always honest with my evaluations and very thorough in the documentation of my opinion of value and this property was no different than the … (17 comments)
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real estate: Buyers Get The Help They Need!!!! - 04/30/08 08:30 PM
Seems everyone is talking Real Estate nowadays with the prices of homes falling and the large numbers of bank owned properties (REO) on the market but all is not gloom and doom as some are making it out to be as many people want to take advantage of the lower prices and favorable interest rates but they lack the money for a down payment or closing costs. There is help available to those who qualify in the form of down payments and money for closing costs and the buyer does not pay it back!!! It's a GIFT!!!
Down payment assistance programs help … (10 comments)
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