rapid city: 1031 EXCHANGE PURCHASE AGREEMENT - 05/31/12 05:28 AM
by Lee Alley. Find your Black Hills dream home at Rapid City Search .com
1031 Exchange Purchase Agreement Do you know the special language for a 1031-Exchange Purchase Agreement? Want to defer taxes? You should, on both counts. Here is the language recommended by Pennington Title Company in Rapid City, South Dakota.
If you're selling a property that you intend to involve in a 1031-Exchange, ask your agent to include this cooperation clause for sale of Relenquished Property:
Buyer hereby acknowledges that it is the intention of the Seller to complete an I.R.C. 1031 Exchange, which will not delay … (0 comments)

rapid city: OUR HOME PRICES UP 9%! BUT VALUES AREN'T. HUH?! - 05/06/12 05:29 AM
by Lee Alley. Find your Black Hills dream home at Rapid City Search .com
Black Hills MLS Home Prices Up 9% Since 2008.  But Values Aren't.  Why?! I discovered a big surprise in our Rapid City housing market trends.  And you may find it in your market, too.  
When I discuss list price in competitive interviews with prospective clients, they want to list their homes for more because—as the local news shows keep saying. . .  “Home prices are moving UP!”  And most of us agents have believed that, too.  Me included.
But whoa, just a minute.  It occurred … (2 comments)

rapid city: THE VERY BEST SOURCES OF INFORMATION ON VACANT LAND & HORSE PROPERTIES - 04/27/12 03:22 AM
by Lee Alley. Find your Black Hills dream home at Rapid City Search .com
The Very Best Sources of Information About Vacant Land and Horse Properties Buying an acreage or a hobby farm?  Do you know where to get the absolute best information to help make a smart investment?
My clients and I have learned (sometimes the hard way) that buying rural acreages or homes for horse property, ranchette or hobby farm should be a lot more like a school research project than a shopping-cart transaction on Amazon.com.  Without going in to all the details here I'd just like to … (3 comments)

rapid city: PLANNING: FIVE MISTAKES TO AVOID IN BUYING BLACK HILLS HORSE PROPERTY (Part-5) - 04/26/12 06:17 AM
by Lee Alley. Find your Black Hills dream home at Rapid City Search .com
PLANNING: Five Mistakes to Avoid When Buying Horse Properties (Part-5) Why is real estate like a stray puppy?.   That's easy.
It's nice to adopt it, but then you have to feed, protect and develop it for years to come.  
You'll need a plan.  Even better, a Master Plan.  
It's not that anyone requires you to have a plan, or that other owners do actually wind up implementing every detail of the plan.   But it really does serve us well to have at … (0 comments)

rapid city: LOCATION: 5 MISTAKES TO AVOID IN BUYING HORSE PROPERTY (Part-4) - 04/25/12 02:50 PM
by Lee Alley. Find your Black Hills dream home at Rapid City Search .com
LOCATION: Five Mistakes to Avoid When Buying Horse Properties (Part-IV) Wouldn't it be great to live with your horses far away from the crowd, in the peaceful serenity of your very own heavenly acreage?  In short, "NO!"
Not exactly.  There are some practical issues to keep in mind when you are in the process of considering which property-location might be best for you and your horses.  Maybe Roy Rogers wanted "a home where the buffalo roam, where the deer and the antelope play."  But he had … (2 comments)

rapid city: ACCESS: FIVE MISTAKES TO AVOID IN BUYING HORSE PROPERTY - (Part-III) - 04/24/12 08:54 AM
by Lee Alley. Find your Black Hills dream home at Rapid City Search .com
ACCESS: Five Mistakes to Avoid in Buying Horse Properties (Part-3) Here are some tips for minimizing the risks of accident and property destruction from poorly planned "access" for your new hobby farm, ranchette or horse property.
Depending on the size of your trailer, you are going to need to be able to move it in and out of your property with ease, without putting fences or structures at risk, and without stopping in the roadway to work gates or try to maneuver so you can back … (0 comments)

rapid city: FENCES! - FIVE MISTAKES TO AVOID IN BUYING HORSE PROPERTY (Part-2) - 04/24/12 03:54 AM
by Lee Alley. Find your Black Hills dream home at Rapid City Search .com
FENCES: Five Mistakes to Avoid in Buying Horse Properties (Part-2)
What's so dag burn difficult about just a "fence," for heaven's sake?  Well, if you're a spooked horse next to barbed wire, it could mean serious injury and expensive bills from the vet.  If you and your friend are checking out the mare and accidentally touch the electric fence, will his pacemaker survive the lightning jolt? The acreage you bought already had a fence for his cattle, so why not just use it for your … (0 comments)

rapid city: FIVE MISTAKES to AVOID WHEN BUYING BLACK HILLS HORSE PROPERTY (PART-1) - 04/15/12 07:35 AM
by Lee Alley. Find your Black Hills dream home at Rapid City Search .com
Five Mistakes to Avoid When Buying Black Hills Horse Property (Part-1) Congratulations! You are ready to purchase property to share with your equine companions. You may have dreams of stepping out onto your deck with a cup of coffee each morning to look out over the fields where your horses are grazing in the early light of dawn, and you just can’t wait to simply leave the house and walk to the barn whenever you want. This is an exciting time for anyone who is preparing … (2 comments)

rapid city: THE BANANA-BELT WARMER CLIMATE OF THE BLACK HILLS - 04/12/12 09:52 AM
The Banana-belt Warmer Climate of the Black Hills Who would have guessed that Rapid City, South Dakota has such terrific weather. Rapid City weather is due to its location - at the base of the Black Hills. The mountains provide a natural barrier from blizzard-like weather in the winter and scorching heat in the summer.  The mountains also create an air inversion over the area that traps warm air. The city's geographic location coupled with the warm "chinook" winds creates a year round climate that pleasantly contradicts what other area of the region experience. All four seasons exceed expectations. Summers are … (0 comments)

rapid city: 6 CRITICAL ISSUES in PLANNING a SOUTH DAKOTA HOBBY FARM - 04/12/12 07:03 AM
Making a Hobby Farm in South Dakota's Black Hills: Six Critical Factors The most critical seeds you'll ever sew at a hobby farm are its initial plans. Overlook any of these critical initial planning issues and you'll surely limit harvests forever.
For some people, there is nothing more emotionally satisfying than to get back to nature. And for most of us, there is no better way to get close to nature than hobby farming. A hobby farm could provide one with a change of lifestyle and the privacy we want, as well as feed our passion and create lasting memories. Besides … (0 comments)

rapid city: WORD CLOUD FOR RAPID CITY and BLACK HILLS HOMES and REAL ESTATE - 04/03/12 03:01 AM

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rapid city: Tag Cloud for Rapid City Real Estate Blog - 04/01/12 09:13 AM
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rapid city: Home For Sale with Great Views From 40 Acres! Close to Rapid City! - 10/25/10 06:47 AM
Search over 3,400 Listings in the
Black Hills! CLICK HERE! Search over 3,400 Listings in the
Black Hills! CLICK HERE! … (0 comments)

rapid city: TECHNOLOGY WITHOUT TECHNIQUE IS TIME WASTED - 04/11/10 03:42 PM

TECHNOLOGY WITHOUT TECHNIQUE IS TIME WASTED Many agents you have to select from are themselves rushing like lemmings toward “technology in real estate marketing” of any kind, with their mistaken overconfidence that any tech is better than less tech.  How wrong.  “It’s not what tech you have, but what you do with the tech you’ve got.” It is a mistake I have seen personally in other industries, as they have revised business models with the facilitation of new tech tools.  For example, universities in the 1990’s reacted to the Internet as if any course delivered online was better than any … (4 comments)

rapid city: New Website Launched for Black Hills Market Watch – Rapid City Real Estate - 03/01/10 02:16 PM
www.BlackHillsMarketWatch.com
The Black Hills Market Watch gives you daily, weekly and monthly comprehensive analyses of the current real estate market, the historical trends, and news that affects your real estate decisions.  The real estate market in the Black Hills area is ever changing. This website will be a useful tool for anyone wanting to sell or buy a home, real estate investors, or real estate agents.
Lee Alley is the founder and team leader for Black Hills Market Watch. He is a full time real estate marketing consultant helping people make well-informed real estate decisions. He is also State-licensed as … (0 comments)

rapid city: HOME INSPECTIONS: "PLEASE TRY THIS AT HOME" - 10/24/09 11:36 PM
Every home buyer should require a prepurchase home inspection. But you should also know what common risks and hazards are not included in standard inspections. This is one of the most under-rated and mis-handled steps in home buying.Our standard home buying Purchase Agreement contract offers a clause whereby the buyer has the option to require that the home to pass a home inspection. By the time a typical home buyer gets to the point of filling out the Purchase Agreement offer for a home, you have likely been all through the home multiple times opening doors, flushing toilets, checking for ceiling stains, … (17 comments)