home buying: Are you doing TOO MUCH?
- 01/02/13 03:47 AM
First and foremost...Happy New Year!!! Now, what's up with some of these agents representing builders and doing just too much?!!! I'm sure their sentiments about us Realtors are the complete opposite when it comes to working with a buyer when building a new home. But the fact of the matter is, builder reps DO NOT have the buyer's best interest! They have the builder's/seller's best interest....am I lying??? The funny thing is, Buyers are so confused as to who is who when buying a home, and most builder reps know this! Builder reps know that most buyers are awe struck … (1 comments)
home buying: Real Estate Agent Ratings...What's their worth?
- 10/10/11 06:20 PM
So you came across websites that allow the public to "rate" real estate agents, and you think this is a good idea? Well, let's examine closely exactly what these sites are saying, and then rethink your answer. Most of these websites are not even real estate company websites. Most are private firms in the business of making money for their clients, who happen to be investors, or private owners. They know they need timely, and accurate real estate data in order to forcast, or predict investment returns for their clients, and so, they look to REALTORS, or real estate agents for … (2 comments)
home buying: Under Contract...Now What?
- 05/14/10 03:06 AM
So you've found that perfect house for you and your family, and negotiated great terms with the seller (whom, by the way, is also excited to finally have a buyer, and is ready to move on). But wait, this is not an ordinary sale. This is a dreaded "short sale" deal, which again, the homeowner's bank has final say as to the sales price. Remember a "short sale" is a sale in which the current owner owes the bank more than what the house is worth, and the bank must approve the owner and the new buyer's contracted agreement. Here we go... You've gone into just … (0 comments)
home buying: IRS 1031 Tax Exchange...How Can It Work For Buyers/Investors?
- 05/13/10 04:39 AM
This Internal Revenue Code 1031 is an awesome thing to think about utilizing when selling your investment property. Whether it is a business, rental property, or raw land, the 1031 Tax Exchange is something to seriously consider. It allows the seller to defer paying taxes on the sale proceeds, so long as the money gained at the sale is re-invested into another investment property. The 1031 tax code allows you to sell your previous investment property, gives you 45 days after you have sold the property to identify the new, or "like-kind" property. In other words, if you sell a rental property like a single-family … (0 comments)
home buying: So You Want a House...With "Good Schools and in a Good Neighborhood"
- 05/11/10 03:50 PM
Well guess what? As a licensed Realtor, it is not good practice to assume responsibility of what constitutes "good" to any buyer! Believe it or not, It is not the Realtor's job to find a home in a "good neighborhood" with "good schools," it is the buyer's job! What you are doing by asking your Realtor to send you homes with these criteria is setting you and your Realtor up for possible ramification and liabilities if her "good" is not your "good." If you are in the market to buy a home and you have school aged children, wouldn't you agree that it should be … (8 comments)
First and foremost...Happy New Year!!!
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