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Title Insurance- An Ounce Of Prevention! - 01/27/08 10:11 PM
AN OUNCE OF PREVENTION! What does the phrase "title search" mean to you? Aside from an activity at the local library, its purpose is critical to the successful sale of a home. A title search is performed by an attorney in order to guarantee that there are no unknown liens on or claims to a property. Because title searches are often ordered only after a purchase contract is on the table, problems can suddenly turn up at the eleventh hour, causing delays in the closing. That's why it may be advisable for the sellers to request a title search before even listing their (0 comments)
Cause And Effect of Today's Real Estate Market! - 01/27/08 10:06 PM
CAUSE AND EFFECT! Real estate is experiencing an unusual adjustment these days. Unusual, because in the past, sales declined due to either high interest rates or economic slowdowns. Neither of those factors exist right now, so where does the blame lie? Quite frankly, one of the biggest reasons that home prices rose to such artificially high levels was because of a frenzied degree of investor speculation. "Flippers" would buy and then sell homes just for a short-term gain. The truly negative effect that this activity had was to drive home prices so high that most median-income families could not afford homeownership. Now, as prices (0 comments)
Three Little Words to Buyers! - 01/25/08 12:44 AM
THREE LITTLE WORDS! There are three little words that can make buyers very anxious: Offer To Purchase. However, there need not be any mystery or fear attached to that phrase. With an experienced professional guiding the process, feelings of trepidation can quickly turn to excitement and enthusiasm. While many terms and conditions may be attached to an offer, the real biggie, of course, is price. While you may have heard that your offer should be a certain percentage below the asking price, or even a percentage below what you are willing to pay, consideration of your offer will always be affected by the (5 comments)
Raise the curtain when selling your home! Staging tips from Larry Weichman - 01/25/08 12:22 AM
RAISE THE CURTAIN! Both homeowners and real estate agents are best served when a home sells quickly for a good price. There are many steps both parties can take to achieve that goal, and a recent trend is proving its value: whether the local market is hot or cool, statistics reveal that a "Staged" home will sell faster and for a higher price. This service is called Staging because it's basically about "theater." A professional Stager assesses your home's strongest and weakest features, and creates a series of "scenes" sure to appeal to your "audience" of buyers. There are four major areas of concern: (6 comments)
Tips For Property Management - 01/25/08 12:18 AM
TIPS FOR PROPERTY MANAGEMENT You've undoubtedly been hearing and reading about the "subprime lending crisis" hitting the real estate industry. The bottom line for buyers is that it may be more difficult to secure a mortgage in this atmosphere. It then follows that demand for rentals may increase. That rising demand has encouraged many people to consider the benefits of becoming a landlord, or residential property manager. Some have donned that hat because they've been unable to sell and needed a tenant, while some are actively buying properties at lower prices and looking to profit from rental income. In either case, consider a few (0 comments)
Could You Sell For Half Price - 01/24/08 07:11 PM
Could you sell for half-price? REALTOR'S CORNER LARRY WEICHMANLarry@WeichmanRealtors.com Remember playing Monopoly? "Do not collect $200!" became a household phrase. Sometimes, towards the end of the game, you might have sold a property to another player for half-price just to raise some cash. In real life, you would never accept half-price for your home - or would you? What if you owed $88,000 on a home you wanted to sell for $100,000? Now what if a prospective buyer offers to buy it at a discount of 6 percent off the asking price? Although you would like to receive the full asking price, you (1 comments)
Buy Now- Retire Later - 01/24/08 07:09 PM
Buy Now, Retire Later! REALTOR'S CORNER LARRY WEICHMANLarry@WeichmanRealtors.com Have you been hearing that it's a buyer's market? Take a look at local home prices. Have you been told that there's no time like the present to plan your retirement? Again, take a look at those prices, and then think about investing for your future. When retirement nears, many of us consider making a move, either to a more desirable location or maybe into a smaller home. How do you think home prices now will compare to prices in the future? Buyer's market or not, you can bet that home values will rise. Even (2 comments)
How It All Began in Real Estate - 01/24/08 06:51 PM
How it all began REALTOR'S CORNER LARRY WEICHMANmailto:Larry@WeichmanRealtors.com Have you ever wondered how and when real estate became a national industry, and buyers and sellers began to seek professional representation? You may be surprised that realty's modern history began less than a century ago. Those early days have affected home ownership ever since. Back in the 1920s, Herbert Hoover pushed the idea that home ownership was the foundation of democracy. He and others helped to professionalize and standardize the practice of building and selling homes. It wasn't until the Great Depression, however, that the government really got involved, with the National (1 comments)
Meet Larry Weichman Real Estate Broker - 01/24/08 04:48 PM
Larry Weichman, Broker/ President, licensed by the state of California to sell real estate since 1976. Over 30 years of professional service to the community of Costa Mesa with 1,355 homes sold as of January 1, 2011. Member of the following Organizations, California Association of Realtors, National Association of Realtors, and current Chairperson City of Costa Mesa Housing Appeals Board (2nd term), Chairman of the Board Costa Mesa Chamber of Commerce, Past Board Director Mesa Verde Country Club, Tennis Member Mesa Verde Country Club, Real Estate writer for the Orange County Register Newspaper and featured Real Estate writer for the Mesa North (0 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.