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mark sallbroker: Fixer Uppers...Wise Investment or Money Pit - 11/19/09 12:37 PM
Would you spend $150,000 for a home with sagging shutters, no landscaping, peeling paint, old appliances, outdated wallpaper and a generally drab exterior? On paper, the house sounds less-than-desirable. But before you answer, consider that this potential fixer-upper is located in California at the bottom of the market. Drab as it may be, could this home sparkle one day? With a coat of paint, some "sweat" equity, and thorough revamping inside and out, could this property be an investment gem? All homes are different, but there are certain criteria which can help you spot a fixer-upper with good potential. Here are a … (2 comments)
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mark sallbroker: Are you a current homeowner wanting to move up??? - 11/10/09 01:16 PM
If you are a homeowner wanting to move up, this might help you make that decision.
What is the definition of a move-up or repeat home buyer?The law defines a tax credit qualified move-up home buyer ("long-time resident") as a home owner who has owned and resided in a home for at least five consecutive years of the eight years prior to the purchase date. For married taxpayers, the law tests the homeownership history of both the home buyer and his/her spouse. Repeat home buyers do not have to purchase a home that is more expensive than their previous home to … (0 comments)
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mark sallbroker: Here Comes The 2010 Census...A Word Of Caution - 11/06/09 11:46 AM
Please be very careful out there. We all know how many scams there are and they can be very clever. I hope you find this info useful.
The first phase of the 2010 U.S. Census is under way as workers have begun verifying the addresses of households across the country. Eventually, more than 140,000 U.S. Census workers will count every person in the United States and will gather information about every person living at each address including name, age, gender, race, and other relevant data.
The big question is - how do you tell the difference between a U.S. Census worker and a con artist? BBB offers … (1 comments)
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mark sallbroker: 2010 Census..Beware!! - 11/06/09 11:44 AM
Please be very careful out there. We all know how many scams there are and they can be very clever. I hope you find this info useful.
The first phase of the 2010 U.S. Census is under way as workers have begun verifying the addresses of households across the country. Eventually, more than 140,000 U.S. Census workers will count every person in the United States and will gather information about every person living at each address including name, age, gender, race, and other relevant data.
The big question is - how do you tell the difference between a U.S. Census worker and a con artist? BBB offers … (1 comments)
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mark sallbroker: Short Sale...What You Need To Know - 11/05/09 10:46 AM
Have you noticed how much nicer Short Sale listings look in comparison to REO properties. Then why are they harder to sell? Good question. Up until recently, banks have been taking...3,4,5 or more months to get an answer. That's Nuts! Well, at least here in California, the banks are finally listening to the Real Estate Industry (except BofA) and are starting to respond. I prefer selling Short Sales more than REO's because in many instances, they are move-in ready as the people are still maintaining the property and they are prices competitively with all other homes. The key word here is maintaining the … (4 comments)
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mark sallbroker: Help! What To Do In This Market. - 10/28/09 10:43 AM
I'm not one to look backward but 2007 kicked my butt. It took everything I had to stay afloat. It got to the point where I needed to take a full time job to survive. Having said that, I have been back full time in Real Estate. I HATE punching a clock! It seems that the old ways of getting clients has gone away and now I am learning all of the new technology to help my business grow. With the help of a friend and fellow Real Estate agent, Richard O'Brian, I ams slowly learning. I need to know what … (2 comments)
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mark sallbroker: Is There An Investor Inside You? - 10/23/09 11:03 AM
With this huge Real Estate recession, where the average home has lost 50% of it's value in the last 3 years, it's not surprising that a lot of people are "gun shy" about buying a home. The key is knowing where the bottom is. Just like in the Stock Market, you want to buy low and sell high. Well, this is the market we have been waiting for. We are at the bottom, and in some areas we are actually going up a little bit. Here in the Antelope Valley, we have a lot of investors who are buying homes to … (1 comments)
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mark sallbroker: WOW! Somebody's Thinking. Extending the $8000 1st Time Home Buyer's Credit - 10/21/09 12:32 PM
Senate Banking Committee chairman Chris Dodd, D-Conn., went on the record Tuesday calling for a seven-month extension of the $8,000 first-time homebuyer tax credit, which is set to expire in five weeks. Chairing a hearing on the state of the housing market, Sen. Dodd said home prices are stabilizing but "we still need to use every tool at our disposal to try and fix this problem." The White House has yet to reveal its position on the extension. The Mortgage Bankers Association and other trade groups, predictably, support the extension. My guess is that Mr. Obama will endorse it. As soon … (1 comments)
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Mark Sall-Broker Associate
Lancaster,
CA
More about me…
Keller Williams Realty-AV
Address: 1401 Rancho Vista Bl Suite B, Palmdale, CA, 93551
Office Phone: (661) 965-4647
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