negotiate: REPEAT BUYER: SELL FIRST OR BUY FIRST? That is the Question!
- 12/27/09 04:50 PM
The year 2010 is going to be an excellent year for the repeat buyer to move up in this down market. The Hemet - San Jacinto real estate marketplace is a field of dreams for repeat buyers with equity in their existing homes. I have been covering various aspects of this concept in a number of articles I've recently written.In this article, I want to answer the question many Hemet - San Jacinto homeowners contemplate and need to know how to proceed. The question, of course, "Should I sell my current home before I buy?" and then, "What Happens if I … (1 comments)
negotiate: What Else Should I Know About Selling my Hemet - San Jacinto, CA Home?
- 12/20/09 05:47 PM
Once your Hemet - San Jacinto, CA home is available to be shown, strive to keep it in tip-top shape. This will require a lot of effort on your part, but you want buyers to feel welcomed and not turned off by unmade beds, cluttered floors and grungy bathrooms. Remember, you never know when a buyer will want to see your home - and there may not be anyone at home to make the necessary arrangements.Realize, too, that your life will be temporarily inconvenienced, when selling real estate. When an agent-yours as well as others-calls wishing to bring a buyer to … (1 comments)
negotiate: Closing Cost - What Are They and Can I Save Money on Them?
- 12/12/09 03:05 AM
When a home for sale is bought and sold in the Hemet - San Jacinto Valley, CA the process will typically go through escrow to facilitate the transfer from the home seller to the homebuyer. The expenses of the transaction, other than the actual purchase price are generally lumped together and commonly referred to as ‘Closing Costs".Both the buyer of the real estate, and the seller of the home typically incur Closing Costs but it is often negotiable as to who will actually pay these expenses...depending on both local custom as well as what the buyer and the seller negotiate between … (6 comments)
negotiate: When Do You Walk Away...and When Do Your Run?
- 12/02/07 04:10 AM
Real Estate investing in Hemet CA has many excellent opportunities for the seasoned real estate investor as well as the first time investor...and even the first time homebuyer. The Hemet market values are rapidly approaching the bottom. I say this, because I am constantly now seeing deals that will have a positive cash flow with a 20% down - which most real estate loans will require, in today's lending world.Now, please, don't misunderstand what I just said, the values are approaching bottom - not the market itself. I agree with every other analyst out there - 2008 will definitely see a huge … (12 comments)
negotiate: Short Sales: A Revised Strategy: Commission
- 11/25/07 01:58 PM
The big drawback to working short sales is that the agents typically receive a reduced commission, from the loss mitigation department, for more work than what is normally required.So, how do we stop the banks from fighting us for what is rightfully ours? How do we give in to something that one REALTOR® will never even ask another REALTOR® - a cut in commission?Well, I don't know if we can stop the lender from asking, but why not turn the tides to our favor. Lets ask for more to start with! When I take a short sale listing today, instead of the typical … (43 comments)
negotiate: Short Sales: A Revised Strategy: List Price
- 11/25/07 01:20 PM
The one constant in working short sales is that they change on a regular basis. The lenders and their loss mitigation departments are changing their rules as we go on and the sellers are becoming more aware. Most importantly, the buyers and their agents are also changing with the times which require a short sale listing agent to continue to update their listing and marketing practices. In the past, I would accept a short sale and initially post it in the MLS for an amount that would allow a potential buyer to pay off the existing debt recorded against the property, using … (20 comments)
The "Back to the Basics" series of article is my attempt at reeducating myself as I look back to the information that I have forgotten over the years of real estate. The last several articles have dealt with representing a buyer and what goes into an offer to purchase a Hemet CA home.We looked at .what was necessary to prepare an offer and then we looked at the many different elements of … (13 comments)
"Back to the Basics" is my way of re-educating myself on the basics of real estate. Yes there have been some great changes in the time I have been selling real estate in Hemet and San Jacinto and throughout Riverside County, the Inland Empire and the rest of Southern California. The truth though is very little has changed when we talk about the basics and the basics are what made many REALTORS® successful in … (4 comments)
negotiate: What Pitfalls Might a FSBO Encounter? - Part 4
- 03/04/07 04:34 PM
What Pitfalls Might a FSBO Encounter? - Part 4 by John Occhi, Hemet CA REALTOR® Hemet CA Real Estate The For Sale by Owner Seller in Hemet, CA - like any other community in the country - is likely to run into at least one pitfall that they were not ready for. On the surface, it seems like such an easy thing to do, put a sign in the yard and a classified in the paper, hold an Open House and sell the home on your own without the expense of a REALTOR® - simple, isn't it? We have examined the pitfalls … (4 comments)
negotiate: PRICE YOUR HOME TO SELL Part 4 of 5
- 12/31/06 07:20 AM
PRICE YOUR HOME TO SELL Part 4 of 5BY JOHN OCCHI, HEMET REALTOR®Originally posted to this BLOG Last time we looked at trends in the market and several principals that govern the behavior of the Hemet Real Estate Market. In this installment, we will examine what happens to a home that enters the market over priced and what affect it will have on the perception in the market. ******************************************************** What Happens When a Hemet Home is Overpriced? It is critical to price a home properly when it is first listed on the market. If a seller takes the attitude that they can put it on … (0 comments)
negotiate: How to Sell Your Home in Today's Buyer Market, part 2 of 2
- 12/30/06 04:05 AM
How to Sell Your Home in Today's Buyer Market, part 2 of 2by John Occhi, Hemet Realtor Third Party Inspections: The Key to Setting Yourself Apart from the PackEvery bona-fide real estate transaction in California is required to have disclosures completed and inspections of the property integrated into the terms and conditions of the purchase agreement. Some of these are state laws while many are lender requirements. It really doesn't matter who says to do it, if it needs to be done, it needs to be done.A disclosure is simply letting the buyer know what you know about the property. There are … (0 comments)
The year 2010 is going to be an excellent year for the repeat buyer to move up in this down market. The Hemet - San Jacinto real estate marketplace is a field of dreams for repeat buyers with equity in their existing homes. I have been covering various aspects of this concept in a number of articles I've recently written.In this article, I want to answer the question many Hemet - San Jacinto homeowners contemplate and need to know how to proceed. The question, of course, "Should I sell my current home before I buy?" and then, "What Happens if I … (1 comments)
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