real estate: $700 Billion To Bail Out The Greedy - 09/23/08 04:45 PM
Everybody is pointing fingers at who caused this mess. None are looking at the fact for every finger pointed out, there are 3 pointing back.
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real estate: Is Now A Good Time To Buy A Home? - 08/04/08 10:35 AM
Our Federal government has stimulated the market with the recent tax credit. Now is a great time to buy. Those who ignore this opportunity will be throwing money away. Does this mean Buyers should throw caution to the wind? By no means should any home buyer ignore due diligence in buying … (2 comments)
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real estate: How should you communicate with Internet prospects? - 05/20/08 07:13 PM
Who has the best answer to the question, "How should you communicate with Internet prospects?"
Everybody has an opinion on this topic. What really works, not in theory or concept, but, in practice? Personally, I think asking questions of a prospect is a turn off. I like to start out with … (3 comments)
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real estate: What Makes A Luxury Home In Tucson - 05/06/08 10:06 AM
I’ve noticed a lot of inquiries for luxury homes lately. Which brings to mind. What is a luxury home? What are the different levels of luxury homes?It used to be that anything over $500,000 in Tucson was considered a luxury home. Is there a difference between granite counter tops in … (1 comments)
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real estate: What Makes Up A Contract - 02/13/08 10:02 PM
A couple days ago someone asked me the components of a contract. As an experienced Realtor you would think that I could rattle it out without thinking. Brain freeze, embarrassment, and a lot of thinking afterward. Contracts are a critical part of real estate. Sometimes we write contracts, knowing what is … (1 comments)
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real estate: Seven Ways To Drive A Realtor Insane - 01/25/08 09:29 PM
Having worked with a variety of home buyers over the past several years I have met some very nice people. Some I share a lot with, especially the passion for golf. Others have been very interesting and fun to work with. Each having their own special value. There are those … (3 comments)
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real estate: Real Estate Market Road To Recovery - 10/19/07 09:44 AM
Recovering The Real Estate Market will take a joint effort from home buyers, lenders, Realtors and homeowners. Lets start with homeowners who don’t want to sell their homes, but have to because of increasing interest rates from ARM’s, and Lenders who hold the note. I have seen too many homeowners … (2 comments)
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real estate: The Secret Is Out About Golf Property In Tucson - 09/06/07 05:12 PM
If you have ever thought of buying property on a golf course, Tucson has extraordinary golf communities to meet the real estate needs of every golf enthusiasts. With over 30 public to private golf courses just in the Tucson, there are more than enough to go around. Go a little … (0 comments)
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real estate: President Bush Addresses Fed Assistance For Subprime Homeowner - 08/31/07 02:35 PM
Earlier today President Bush addressed the sub-prime crisis and what the Federal Government plans to do to help homeowners at risk of losing their homes.
The comments I liked were:
Bush said, “It’s anything but modest if you’re one of the families affected. READ MORE
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real estate: Are You Crazy, What Do You Mean Range Pricing? - 08/25/07 01:37 PM
We have all heard about the Drew Carey game show Power of 10. Contestants must pick a range on the scale for their answer. With each question the range decreases. Similar concept of pricing items within a range has been used on The Price Is Right for years. Pricing a home … (5 comments)
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real estate: Affordable Housing - Housing America 2007 Petition - 08/21/07 12:49 PM
Inman News is always a good source for the latest in real estate news. Inman’s article Blog petition promotes affordable housing is worth while reading. I support the effort and getting the word out to help create more affordable housing. ReadingThe Peition … (2 comments)
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real estate: The Herd Mentaility Gone Wild - 08/19/07 10:24 AM
An Interesting post from Inman News, Who Was That Masked Analyst, lends to the credibility of the herd mentality creating panic. I admit, the mortgage industry is going through a rough time. Never said it wasn’t. More blood will be shed before the war is over. The strong will survive, … (0 comments)
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real estate: Glenn Kelman of Redfin - 08/03/07 09:44 AM
I have to say, I don’t care for Redfin. I didn’t like the one sided 60 Minute interview either. I firmly believe that a full service brokerage for sellers and buyers is the best way to go. There are a lot of hidden protections and service there. You get what you … (0 comments)
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real estate: Manufactured Home Loans - Are They Getting Tougher To Get? - 08/01/07 06:22 PM
Tucson Real Estate In our weekly office meeting the managing Broker mentioned that manufactured home loans may be harder to get. A few of the big names pulled out of conventional lending for manufactured homes. There is a definite need for manufactured home lenders. I have heard this before and wanted to … (5 comments)
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real estate: Tucson Real Estate Report January-June 2007 - 07/20/07 12:18 AM
Average Prices Average sales priced of homes in the Tucson area increased during the first half of 2007. The Doom Sayers would like to see prices decrease to support their beliefs that the market is not strong. The numbers prove otherwise. There is every indication that the Tucson real estate market … (0 comments)
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real estate: The six P's of Proper Prior Planning Prevents Poor Performance - 07/06/07 09:37 PM
The six P's of Proper Prior Planning Prevents Poor Performance was drilled into me be a supervisor who just happened to be a retired Marine. Poor performance reflects on all of us as REALTORS®. Property Verification is required in Arizona for all residential transactions. When taking a listing I make it … (4 comments)
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real estate: Tucson Real Estate - Home Buying 107 - 06/29/07 09:30 AM
Tucson Real Estate The final step in buying a home is Close of Escrow (COE). This is where everything comes together.
At COE all the instructions from the buyer, seller, lender, listing agent, and selling agent come together into what is called Closing Documents. The offer, counter offer, buyer inspection notice, … (0 comments)
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real estate: Tucson Real Estate - Home Selling 101 - 06/27/07 11:09 PM
Before putting a home on the market there are some serious questions to ask… Is it a Seller’s market?Is it a Buyer’s market?Is it a Neutral market? Do I want to sell my home?Do I need to sell my home? Seller’s Market
In a Seller’s Market the homeowner can afford to be a … (0 comments)
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real estate: Tucson Real Estate - Home Buying 106 - 06/24/07 11:07 PM
Due Diligence and Inspections
Due diligence is addressing issues like insurance, surveys, legal access, easements, prior use of the property, zoning restrictions, CC&R's (Covenants, Conditions, & Restrictions), etc.
Inspections are primarily concerned with physical condition, operating condition, infestation, safety, etc.
Seller Property Disclosure Statement (SPDS)
In Arizona, ask for an SPDS. This is where … (0 comments)
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real estate: Housing Slump - How Is It Effecting Tucson? - 06/21/07 04:48 PM
Tucson Real Estate Holding Its Own
With our nation looking at a housing market slump, Tucson is feeling the pinch, but not as bad as most areas. What has helped the Tucson market is the 2,000 or so people moving here every month. Which helps rentals as well as home sales.
In the Arizona … (0 comments)
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real estate: Tucson Real Estate - Home Buying 105 - 06/21/07 10:05 AM
Making an Offer and Writing A Purchase Contract
You are pre-approved by your lender, are comfortable with your REALTOR®, know how you want to take title and found the right home. Now you are ready to make the offer. Let's consider a few things in writing an offer.
Price
What have like or … (0 comments)
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real estate: So You've Been Trained, So What - 06/08/07 09:12 AM
Have you ever gone to so many real estate seminars that you just can't think straight? There are seminars for selling, seminars for listing, seminars for negotiations, referrals, marketing, developing systems, organization, motivation, and on and on and on.
I'm not knocking seminars. Some are very good. Each has a sole purpose...You! They want … (6 comments)
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real estate: Tucson's May Real Estate Report - 06/07/07 08:34 AM
Tucson's May home sales remained close to the number of sales in March and April with an unofficial 1369 sales. Real estate sales did fall nearly 10% short of what I predicted for the month. The number of homes for sale remains high with 10,290 homes for sale; a slight drop from April. … (0 comments)
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real estate: The Secret About Solar Homes - 06/03/07 12:53 PM
The secret about solar homes isn't really a secret in Tucson. Solar homes have been in Tucson, Arizona for some years now. The most prominent communities are Civano and Armory Del Sol. Both are products of forward thinking by a gentleman named John Wesley Miller. A very private man who sees … (1 comments)
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real estate: What Every Realtor Should Know About Old School New School - 06/02/07 09:01 AM
What every Realtor should know about Old School and New School. In a time when many Realtors are scrambling to make sales in an over supplied Buyers Market there is a need to mix old school with new school. A significant number of Realtors today have lived off the fat of … (6 comments)
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real estate: Top 7 Characteristics Your Realtor Needs - 05/26/07 07:06 PM
Top 7 Characteristics Your Realtor Needs: 1. Honesty - When interviewing a Real Estate Agent look for honesty. Is the Agent answering your questions to apiece you or are they telling the truth. If each Realtor® comes in with a price higher than the previous, are they just trying to get on your … (2 comments)
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real estate: April Home Sale Update For Tucson - 05/20/07 08:21 AM
I reported Who Else Wants To Know About Home Sales In Tucson? on May 11th about the available statistics at that time for homes sales in the Tucson area. Better numbers are in. Actual home sales were 1,329. Though lower than I anticipated, when compared to previous years, excluding the frenzy years, … (0 comments)
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real estate: 60 Minutes - What Everybody Ought To Know About Real Estate Commissions - 05/13/07 10:32 PM
Today I watched a tabloid style presentation from 60 Minutes about Chipping Away At Realtors' Six Percent. There are dozens if not hundreds of people incarcerated for this perspective of preconceived notion. During my 20 plus years in the Criminal Justice System I was taught to investigate to find the person innocent. If … (5 comments)
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