What if you were thinking about going into business for yourself and was told that you'd work long hours, drive all over town for days on end, share your expertise and wisdom with a client with absolutely no guarantee that you'd ever receive compensation for your work, would you be eager to go in
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12/22/2008
From 2002 until several years ago, the average sales price in Land Park, Sacramento, hovered around $400,000. At the same time, the $200,000 market in the rest of Sacramento was disappearing. By 2005, that lower-end $200K price range had just about vanished, which meant many first-time home buye
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12/21/2008
How a home buyer handles a Request for Repair depends on what type of repairs are needed. For example, if the water heater needs to be replaced, a buyer might specify a brand of water heater and ask that it be installed with a permit, if a permit is required. However, if the repair is structural,
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12/20/2008
Is the grass always greener on the other side? It seems to happen more often lately that buyers go into escrow and within a week decide to change lenders. They switch based on points or interest rate. Some can't figure out whether paying points to get a lower interest rate is better than paying n
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12/19/2008
Sometimes it's difficult to figure out whether an agent could be compromising his or her fiduciary relationship with a seller or violating the law regarding material facts. Real estate agents in CA are required to disclose material facts to a buyer. It doesn't matter whether the agent is a listin
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12/18/2008
Perhaps the meeting is in response to the Land Park survey results sent out last month, although I don't see that item listed on the agenda; however, the Board of the Land Park Community Association has decided to hold a meeting tonight. It was announced shortly after midnight last night via emai
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12/17/2008
In California, pest inspectors approve their own work. On the surface, you might assume that it makes sense for a pest inspector to sign off on a job -- since the inspector knows what to look for and all, but when you dig a little deeper, it seems a bit insane. This is how it works: first, the pe
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12/16/2008
This chart shows the average listed sales prices (the green line) of homes in Sacramento County and the average sold prices (the red line), from September of 2007 through November of 2008. First, let me explain what this doesn't mean. It doesn't mean that homes were listed for a higher price th
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12/15/2008
Is it possible to hire a home inspector who does such a terrific and thorough job that listing agents cringe when they hear his name? I have heard grumblings from previous home buyers who had hired a bad home inspector. And, of course, the person they blame is the buyer's agent. They believe tha
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12/14/2008
Yesterday, I posted the last 15 months of homes for sale, pending and sold in Sacramento County through November of 2008. Below, is the chart that shows the last 15 months of bank-owned homes. There are a couple things I find interesting between the two charts. First, 33% of Sacramento County's h
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12/13/2008
