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big bear real estate: How To Be A Champion For Your Client - 03/24/11 03:36 PM
Early this week I had the pleasure of meeting a great couple who were looking for a new buyer's agent in my area. They had been working with a different Realtor for almost a year and had not had any success in purchasing a vacation home in Big Bear. As I listened to their story, it became more and more evident that they had been using somebody who was not versed in the art of being a superior agent for their client's. Many realtors seem to think that all there is to representing a buyer is getting them in the … (3 comments)
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big bear real estate: First Offer, Best Offer - 11/16/10 01:25 PM
When it comes time to negotiate, most folks are conditioned to believe that there are immutable rules that must be followed. What immediately comes to mind is a merchant's stall in Morocco where the buyer and seller smoke a hookah together and banter back and forth until an agreement is made. The seller always starts high and the buyer always counters low. Then the seller comes down a little and the buyer comes up a little until they reach an amiable agreement that benefits both sides. The buyer leaves with his new rug feeling like he got the deal of … (5 comments)
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big bear real estate: Crazy Market - 09/22/08 03:50 PM
Originally Posted At www.bigbearilluminated.com
What a crazy market we are in these days. Gone are the days of conventional loans on traditional listings. Gone are the days of your only worry being if you made your offer high enough to get the property. Or if you priced your listing high enough to get maximum value without scaring everyone away. No, my friends, we are in a new era of doing business in our career of choice. Let me give you some examples.
During the month of September, I have closed five escrows, put two homes into escrow and taken one listing. … (2 comments)
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big bear real estate: Big Bear Bank Owned Bargain - 07/12/08 12:28 PM
Originally Posted at www.bigbearilluminated.com
This bank owned home is in the highly desirable Fox Farm neighborhood in Big Bear Lake. If you are looking for alot of square footage for a small price, this is the home for you. It measures in at an impressive 3,204 square feet. It boasts 5 bedrooms, 3.5 baths, and a two car garage on a 7,314 square foot lot. This home was originally listed at $748,876 before it went into foreclosure. It is now priced at a very affordable $349,900. If you would like to see this home, or any other home, bank owned or … (1 comments)
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big bear real estate: Financing Difficulties In Big Bear - 06/26/08 04:41 PM
Originally posted at www.bigbearilluminated.com
In today's uncertain market, never count your chickens until they are hatched. Even if the buyer seems rock solid, the carpet can be pulled out from under your feet at a moments notice. Lenders are canceling programs at a rate that is difficult to comprehend. They will preapprove your buyer at one rate, only to change it the next day.
A perfect example of this happened to me this week. My buyer was, in my opinion, very solid. He has a long term job and is paid a good salary. As I always do, I asked questions … (2 comments)
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big bear real estate: The Power of Local Knowledge - 06/16/08 02:59 PM
With the market being like it is, more and more Realtor's are attempting to sell real estate in market's that they are not familiar with. Even though it is most likely in their client's best interest's to refer them to a local agent who can make better informed decision's on market condition's and actually be able to show up for thing's like home inspection's. They are so desperate for a sale that they will drive up here from two hour's away and make offers and take listing's in an area they know nothing about. In my opinion, they are doing their … (12 comments)
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big bear real estate: Big Bear Bank Owned Sale - 05/25/08 01:22 PM
Originally posted at www.bigbearilluminated.com
This is a bank owned property I just closed escrow on this Friday. This home had suffered around 80k in fire damage last year. I did the comps and determined that this home would probably sell between 480k and 520k, if it was rehabbed. The home was priced at $229,000. My client started out at $200k with no contingencies, a 10 day escrow, and all cash. It turns out several other buyers liked it as well. The bank countered back with best and final on all offers. I told my client if he really wanted this … (4 comments)
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big bear real estate: Big Bear Market Update - 05/08/08 02:22 PM
Just a quick snapshot of what is happening in the Big Bear Market.
There are 1154 residential listings on our MLS.
There are 122 residential properties in escrow.
Year to date, there have been 172 sales.
Of the 1154 listings, 47 are either bank owned or short sales.
… (0 comments)
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big bear real estate: Big Bear Bank Owned Home* UPDATE * - 05/03/08 11:17 AM
This bank owned home was just listed by Keller Williams a little bit ago. It is located in Big Bear City in a heavily treed lot, on a quiet street. At 1,310 square feet, this home has three bedrooms and 2.5 baths. The yard is a roomy 5,000 square feet and is fenced in the back. Overall, it is in good condition with only a little work needed to transform it into a perfect vacation cabin or full time home. This home last sold for $300,000 in 2005. It was upgraded with new paint and flooring before it went into … (1 comments)
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big bear real estate: Unfinished Homes? Be Careful. - 05/01/08 03:10 PM
Originally Posted At: http://www.bigbearilluminated.com/
I just wanted to relate something that happened to me last week in the hopes that it can be helpful to somebody else. With the large inventory we have at the current time, it can be difficult to sell a home. Lately, we have been seeing an increase in homes that are in an unfinished state and available for purchase. This can happen for a variety of reasons, but usually because a builder extended himself too thin and didn't have the funds to complete the project. In many cases, the homes get foreclosed on and go onto the … (12 comments)
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big bear real estate: Big Bear Bank Owned Property. Be Realistic. - 04/28/08 12:27 PM
Originally Posted At http://www.bigbearilluminated.com/
Bank owned properties are all the rage for buyers these days. Every other client I deal with is after the deal of a lifetime and REO's seem like the solution. In many cases they are. The banks are pricing these properties to sell and a good buy is a sure bet. However, being too greedy can throw a wrench in the works. If a bank owned home is already listed at $100,000 under value, than it is a fantastic deal. In most cases, the bank is not going to go much lower.
If you are going to offer … (5 comments)
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big bear real estate: Beautiful Big Bear Home - 04/25/08 01:24 PM
Originally posted at www.bigbearilluminated.com
If you are looking for all the comforts of home with none of the hassle, this home is for you. Located in The Whispering Pines mobile home park, this home is in fantastic condition. The park is very clean and well maintained with a swimming pool, spa, and sauna available for resident use. The best part, is the price. Only $199,000.
The kitchen is one the best features of this home. Corian countertops and new appliances make this a great place to prepare a gourmet meal for the whole family.
Cathedral ceilings in the living room create a bright, … (6 comments)
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big bear real estate: Why You Should List With A Local Agent In Big Bear - 04/21/08 11:49 AM
With the increasing number of bank owned properties in Big Bear Lake, Ca, we have seen more and more out of area agents trying to sell homes in our market. This is a bad idea all the way around. Let me tell you why.
First, many out of area agents try to sell property in our area and are too cheap to join our board. This means that the property in question doesn't appear on our MLS and many local Realtors won't even know it is on the market. Without local agents being aware of the home, it might as well be … (0 comments)
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big bear real estate: Big Bear Property $300,000 And Under - 04/18/08 03:57 PM
Originally Posted At http://bigbearizzy.typepad.com/
It seems like a great deal of potential buyers I have been dealing with lately have been interested in homes $300,000 and under. With the decrease we have seen in prices over the last year and a half, there are more properties than ever that fall under this umbrella. I was curious as to how homes in this price range are fairing, so I ran the numbers.
-At the current time,there are 1113 homes listed for sale on The Big Bear MLS. Of those, 506 are listed at $300,000 and under.
-At the current time, there are 108 properties listed … (5 comments)
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big bear real estate: Big Bear REO Bank Owned Bargain - 04/15/08 10:49 AM
Originally posted at http://bigbearizzy.typepad.com/
This little beauty just came on the market a few days ago. For a bank owned property, it is in fantastic shape. Built in 2005,this is practically brand new. It is located in Erwin Lake and is 702 square feet on a 2,310 square foot lot. At only $116,900 this is a deal that is impossible to beat. As a matter of fact, this cabin sold for $175,000 two years ago.
At a price this low, this won't be around for long. If you would like more info on this or any other Big Bear properties, give me … (2 comments)
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big bear real estate: Dealing With Family - 04/13/08 01:47 PM
Is may be just me, but it seem like dealing with family in a real estate transaction is one of the messiest situations to be involved with. Every time I have had to do it, somebody got their feelings hurt and an unpleasant scene has unfolded. A perfect example of this happened to me this week. I received an email from a woman who was interested in buying a little get-a-way in the mountains. I sent her all the best listings in her price range and we set an appointment to look at property. The day came and we went out. The … (10 comments)
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big bear real estate: Beautiful Big Bear Lake - 04/11/08 03:50 PM
It's a beautiful day up here in Big Bear Lake. The snow has finally just about melted away and it is getting warmer with every passing day. The marinas are open for business and boats are once again out and about on the open water. The time of year all residents love is here again. After a hectic winter season, it's really nice to have the town to ourselves and be able to relax and enjoy everything our little town has to offer. There are no lines to get into the movies and no waiting at our favorite restaurants. Even traveling … (0 comments)
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big bear real estate: Big Bear Short Sale Info - 04/07/08 01:34 PM
Originally posted at http://bigbearizzy.typepad.com
With the large amount of home owners in financial difficulties these days, short sales are becoming more and more prevalent. Some really great prices on short sale properties have been coming on the market every day in Big Bear. While they can be a good buy, there are a few things you need to be aware of.
First, just because a Realtor lists a property as a " Short Sale " doesn't mean it really is. Some Realtors don't do the research and just list a home as a short sale because the seller tells them he is willing … (7 comments)
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big bear real estate: Great Deal On Big Bear Real Estate! - 04/04/08 04:44 PM
I have been dealing quite a bit these days with buyers who have wanted a little mountain getaway for years and years and never thought they could afford it. With prices and low interest rates combining to make this an excellent time to buy, it is becoming evident that these dreams can easily become reality. This cabin is a perfect example.
My client is a police officer from Santa Clarita who likes to come to Big Bear to get away from the stress of his job. Big Bear always was a kind of sanctuary for him and he has wanted a … (2 comments)
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big bear real estate: Big Bear Short Sale Tale - 04/03/08 02:40 PM
With the amount of short sale listings on the rise, I thought I would give you a rundown on the last one I sold and how it went. I received an upcall at 5:45 pm on a snowy evening in the beginning of January. It was a very nice, newly married couple who had recently sold a home, and bought another in Canyon Country. They had made a good profit off of the sale of their home and wanted to invest in a vacation home in Big Bear. They already had been looking online, and knowing the town, had an area … (11 comments)
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Israel Barden
Big Bear Lake,
CA
More about me…
RE/MAX Big Bear Village
Address: P.O. Box 6820, 626 Pine Knot Ave, Big Bear Lake, CA, 92315
Office Phone: (909) 273-8980
Cell Phone: isrisrisra
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