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Cash Buyers and Real Estate Deals - Fact and Fiction - 11/28/11 08:40 AM
This is a reblog from my friend Melissa Z out in California concerning the cash buyer and the reality of it all! This applies to CA as well as SD! The fable of the cash seller getting a home for pennies on the dollar is generally just that a fable! Banks with foreclosures and short-sales generally will wait to collect a higher amount so they have less of a short on the note. All loans are cash at closing you see! Via Melissa Zavala Realtor® North San Diego County Homes (Broadpoint Properties): Sometimes the truth is not what the buyer of real estate (16 comments)
Sellers, Do You Wish You Could Read A Buyer's Mind? - 11/27/11 01:28 PM
Here is some good information if you are selling your home or if you are on the fence about it! In our current market there is plently of inventory and if your home is not in the best shape, updated and with the correct price it will sit there and sit there! Do yourself a favor and just get it right the first time so you don't have to discount the price later after sitting on the market for a year! Happy Holidays everyone! Via Nina Rogoff, Sharon & Canton, MA Real Estate, RE/MAX (RE/MAX Executive Realty): Sellers, Do You Wish You Could (2 comments)
Sioux Falls 20th Annual Parade Of Lights Photos - 11/26/11 02:11 PM
It was a beautiful balmy night and people showed up in droves for the 20th Annual Sioux Falls Parade Of Lights in downtown Sioux Falls. Here are some photos that I took to share with those that did not get to go! I am also working on editing the video that I did as well which I will post to my Youtube channel and Rosalie's Reflections a bit later! Happy Holidays Everyone!
A Black Friday tradition twenty years in the making is coming right up! Sioux Falls 20th Annual Parade of Lights is coming up on November 25, 2011 starting at 7:30PM. The parade starts at 14th and Phillips Ave and snakes up Phillips Ave. to 5th St. With the high speculated to be 50 degrees on Friday it will be the perfect day too.
In celebration of the event’s 20th year there will also be professional fireworks during the event. An awards ceremony will follow the parade at the Holiday Inn City Centre. Hot apple cider and cookies will (6 comments)
When Concrete Stairs Move, The Foundation Can't Be Far Behind - 11/21/11 03:25 AM
My friend Jay out in Virginia points out something that has me thinking. I cannot tell you how many sets of stairs I have seen pulled away from the outside wall of a home but it has been alot! This is just another good reason to have a reputable home inspector look over your dream home so it doesn't turn into a nightmare! Via Jay Markanich - Northern VA Home Inspector (Jay Markanich Real Estate Inspections, LLC): Heavy things must be founded well. When they are not, over time, they will settle. Stoops and stairs are mostly made of strong, heavy materials, like (4 comments)
The year was 1948 and the United States was reeling from a housing shortage from GIs coming back home from WW2. Enter Chicago entrepreneur, Carl Strandlund who come up with the ingenious idea of using surplus steel from WW2 to solve the problem. Thus was born the Lustron Steel home. Built from 1949-1950 the Lustron was built of steel prefabricated panels. The Lustron was said to be three times more sturdy then a frame home and was said to be rodent-proof. Lustrons were built on a stab foundation and varied from 800-1200 sq ft. Inside and outside walls were (2 comments)
After three years of being a REALTOR I know open houses! So I am making you a list of essential open house items that will make the day easier on you.
1. Easy on and off shoes….cause you will have to take them off! 2. A notepad and pen to take notes because if you go to several homes you can forget details. 3. A babysitter if you have younger kids! It will be hard to hit all the homes on your list if you are lugging around a two year old that is getting into everything! 4. (4 comments)
Separating "VALUE" from "SALEABILITY - 11/19/11 01:15 PM
As much as you think that the new roof or your drain tile will affect the price of a home they won't! People expect a home with a decent roof and a basement that don't leak prior to them even considering an offer on it! Via Steve Roake, ABR, SFR (McColly Real Estate): Distinguishing "VALUE" From "SALEABILITY" An error commonly made by sellers when pricing their homes is that they fail to distinguish value from saleability. The value of a home references the factors related to the property to cause it to be worth more or less than other properties. Saleability references the (0 comments)
As a Realtor I have the pleasure to be around many different types of people. I love nothing more then being around a variety of people. Everyone is different and I find it exciting to learn about different backgrounds. Not everyone shares these feelings and that is why The Fair Housing Act was put into play. The Fair Housing Act of 1968 makes it illegal to discriminate against people on the basis of:
• Race or Color • Religion • Sex/Gender • National Origin • Familial Status • Disability
Any question that has to do with any (8 comments)
Why hasn't anyone else bought it? - 11/17/11 12:51 AM
A blog from my cohort Coral in Arlington, Virginia but no less relevant here in Sioux Falls! I dread the question that I get practically every weekend. Why hasn't this property sold?! Price it right from the begining and no one will ask this question of your property. People are being very careful to not overpay in today's economy so they will sit there and wait for the price of your property to drop and then they will offer low because it is marketworn. Resist the urge to overprice! Via Coral Gundlach (McEnearney Associates, Arlington Virginia): These are words I've heard many buyers (6 comments)
Oh happy day the HUD $100.00 Down Payment Incentive has arrived in South Dakota! What does this mean to you? It means that now more then ever you could get into a home for very little money down! Normal down payments run the range of 3.5% for FHA and a whopping 20% for a conventional loan so this program will help many people in their quest for home ownership! Some requirements of the program are.
1. This offer is valid only with HUD homes 2. This program is only valid with an owner occupied properties so investors need (6 comments)
10 Reasons the Holiday Season is a GREAT time to sell your home! - 11/16/11 02:02 AM
Contrary to popular belief real estate does not shut down over the holidays. Generally there is a little boom of business from November until the New Year. This is a good time to get people through your home when it is all decorated nice for the holidays. So while it certainly is not convenient to sell over the holidays there is definately good cause to inconvenience yourself! Via Jeanna Martinez (RE/MAX Access): 10 Reasons the Holiday Season is a GREAT time to Sell your Home!
Ok, you need to sell your home. You just got notice of a job transfer, you (3 comments)
I get your call during floor time and you ask some information about a home. It turns out you want to see it later. It is not my personal listing but a colleagues, so yes that is fine. I do my normal spiel and ask if you are working with any other agents and you say no. The showing comes and the showing goes and you say you love the house. I try to call you later to check in and never can contact you again. Your not cheating on me are you??
Sometimes you walk in and you just know! The house is in the perfect place and in the perfect condition and the price is there too! I experienced this when I bought my first home, a beautiful Craftsman bungalow. I just had to have it! A home may look like just a shelter. It may appear to be just a pile of wood or bricks with assorted nails. But what it represents is something different. It represents a lifestyle and a backdrop for many happy memories!
So if you think that you have found the one don’t just (36 comments)
If you didn’t think I was a nerd before you will definitely think I am a nerd after this! If I had three extra hours a week I would just read! Not trade publications or AR (no offense) but just a book. Any book! Mysteries , autobiographies, history, romance, non-fiction, relationship books, self-help, cookbooks. Nothing is out of the question because I love to read most anything. There is just something about being able to disappear into a book and escape reality or to learn something you didn’t know. Books engage my mind while television never has. I fondly remember (2 comments)
In life there are few things that we can really count on besides death and taxes. But there is another that I could add to that list. Change. Change is everywhere. Changing schedules. Changing jobs. Changing homes. Changing clothes. Life changes and this is just something that we have to accept and deal with. Some changes we make for ourselves and some are thrown into our face and we have to pick up the pieces and run from there. Sometimes we make a change even though we don’t really want to because we know that it is best for us. (22 comments)
Beauty Is In The Eye Of The Beholder, Except When You Are Selling Your Home - 11/04/11 10:36 PM
Your treasures are treasure to you but to the people looking at your home for sale they are clutter and distractions. While it may be hard to pack up your treasures it is just one step that will get you moving out sooner with a escrow check in hand! So get a head start on that moving process and get some stuff packed up and into a storage unit if need be. Show the buyer what they want to see your home! Via Valerie Duncan Stewart, Real Estate Agent-Broker, OKC, OK ((Metro First Realty)): Beauty Is In The Eye Of The Beholder, Except (5 comments)
I grew up in the south of Iowa in an area where country music was the norm. While I knew it was never for me I wasn’t sure what was. Then I went to college and discovered what was! Classical! One of my very first experiences of classical music was Bizet’s opera Carmen. Have you ever been to the opera? Now you have the chance to give it a try! The South Dakota Symphony will be having a performance of Bizet’s Carmen on November 19, 2011 at 7:30. The performance will be at the Washington Pavilion in downtown Sioux (7 comments)
When Halloween is over you know the holiday season will be upon us quickly! The first holiday event that I have found this year is actually starting tonight! Irving Berlin’s White Christmas will be playing at the Washington Pavilion November 3-6th, 2011
Show times are as follows:
Thursday November 3, 2011 ~ 7PM Friday November 4, 2011 ~ 7PM Saturday November 5, 2011 ~ 2PM Saturday, November 5, 2011 ~ 7PM Sunday November 6, 2011 ~ 2PM
White Christmas is set post W.W. II as the main characters Bob Wallace and Phil Davis team up (2 comments)
Who Is Really Your "Friend" on Facebook? Have You MET Them? - 11/03/11 01:00 AM
I have reblogged....Twittered...FB...LinkedIn and called my mother! Please take a second to read this and then go check out this site. I am literally freaked out right now because this site had so much information on me! I removed myself from this site and you can too easily. The directions are included in the post. God bless! Rosalie Via Carol Zingone, Beaches Expert, Northeast FL (Prudential Network Realty): I, as do many others, use a variety of social networks. I have a tendency to use them more for business purposes, such as promoting new listings, or sales, price changes, my most recent (6 comments)
I am one of the nicest people I know but yet sometimes you would not think so. It all depends on if you are my client or if you are my customer. Don’t get me wrong I am nice to everyone at all times I just cannot always answer those questions that you want me to answer. It is the difference between being my client or my customer. If you are a customer I am most likely meeting you at an open house and you have questions as well you should. The most common ones are…. 1. Is this home (8 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.