This was a great articl that I wanted to share with everyone. There are a lot of great tips.
Newly divorced Britney Spears recently unloaded her seven-bedroom house in Malibu for $12 million -- $1.5 million less than the asking price -- after nine months on the market. On July 30, Paris Hilton put her Spanish-style house in Hollywood Hills, built in 1926, for $4.25 million. She paid close to $3 million for the house in November 2004. Will she get her asking price? If celebrities can't seem to get what they want for their houses, how are the rest of the (1 comments)
Real estate agents can be your strongest allies in the biggest financial transaction of your life. How do you make sure to avoid any "bad apples?" Bad apples exist in every industry -- and real estate is not immune. But in an industry where commissions are earned by hard work and reputation, the bad apples don't keep for very long. Buying a home is the largest financial commitment a person will make. This isn't the time to worry about being swindled by the person who is (0 comments)
There were at least 26 additional violent crimes committed in Simi Valley in 2006 compared to 2005, according to the city's part I crime statistics report released Wednesday by the police department. Part I crimes include homicide, rape, robbery, aggravated assault, burglary, larceny theft, auto theft and arson. After murder-free years in '05 and '06, the city recorded three reported homicides in '06, the most in Simi since that number peaked in 2001 at six. Reported cases of violent robbery saw the greatest increase, jumping 23 percent from 47 reports to 58. Rapes (21 compared to 17) and aggravated assaults (58 (0 comments)
Before we start, let us give you one reason to not buy a new home right now. How long do you intend to live there? A rule of thumb is that it rarely makes sense to buy if you expect to move within two years. That's because when you do sell, there are costs associated with selling. We're not just talking about sales commissions to the buying and selling real estate brokers. Most owners rely on home appreciation to pay those costs and to provide the down payment (0 comments)
Finding Your Realtor by "Accident": When someone decides it is time to sell their home, they interview several Realtors from different companies to determine which one is best for them. They want someone who will represent them and someone they feel will do an effective job at marketing their home. However, when someone decides to buy a home, they usually end up with their Realtor through sheer accident. Why don't homebuyers search for a Realtor the same way that homesellers do? Instead, homebuyers usually end up with a Realtor as a result of answering (0 comments)
At first it may seem like a no brainer, low-hanging fruit and child's play, but purchasing in a down market is not as easy as it may seem. The problem is not a shortage of homes or a lack of sellers willing to bargain, rather it's that buying in such a market can be risky. Why? Because values may continue to fall. Markets are always in flux so there's no way to determine when absolute bottom has been hit. This means that buyers (0 comments)
The truth is that only about ten percent of owners successfully sell their home on their own. That varies by region and the number goes up a tad for professional real estate investors because they are more familiar with real estate than your average homeowner. Those that do sell their home successfully usually accept not only a lower price, but they net less than if they had sold it with a professional qualified real estate agent helping them - especially in an uncertain market with high inventory. Like today. It would currently take almost nine months to sell all the (0 comments)
Existing Home Sales - September ReportLast Updated: 9/7/2007 Home Sales Pace Summary Sales of existing homes were down very slightly in the most recent data released by the National Association of Realtors. The decline was 0.17% to an annual pace of 5.75 million homes. Last month's figure was 5.76 million homes. This reflects the activity of July closed sales. August sales data will be released near the end of September. Most problems in the housing industry right now, as we've been saying for months, has little to do with the sales pace, but the (0 comments)
Leveraging yourself by means of putting little or nothing down on your mortgage is not a new concept, but over the past couple of years it's morphed itself away from those who don't have any down payment money or for those qualified for a VA loan -- to those who have down payment money but don't want to use it. They want to invest it instead in things such as stocks or mutual funds or something similar. Books touting this new idea seem to sprouting up like mushrooms, with perhaps the first relevant book on the topic was one written by (0 comments)
Even if a simple sign in your yard did produce a buyer knocking on your door, how will you handle the following questions: "How does your home compare to others like it in Simi Valley, Moorpark and Thousand Oaks?" "How did you determine the fair market value of this property?" "What about financing? Can you help?" "If I make an offer, who will draw up the paperwork?" "Why aren't you using a real estate agent? Is there something wrong with the property?" "Since you aren't using a real estate agent, we can take their fee right off the top, right?" Selling your home is one of the most (0 comments)
Even if a simple sign in your yard did produce a buyer knocking on your door, how will you handle the following questions: "How does your home compare to others like it in Simi Valley, Moorpark and Thousand Oaks?" "How did you determine the fair market value of this property?" "What about financing? Can you help?" "If I make an offer, who will draw up the paperwork?" "Why aren't you using a real estate agent? Is there something wrong with the property?" "Since you aren't using a real estate agent, we can take their fee right off the top, right?" Selling your home is one of the most (1 comments)
Even if a simple sign in your yard did produce a buyer knocking on your door, how will you handle the following questions: "How does your home compare to others like it in Simi Valley, Moorpark and Thousand Oaks?" "How did you determine the fair market value of this property?" "What about financing? Can you help?" "If I make an offer, who will draw up the paperwork?" "Why aren't you using a real estate agent? Is there something wrong with the property?" "Since you aren't using a real estate agent, we can take their fee right off the top, right?" Selling your home is one of the most (0 comments)
simi valley realtors: Any tips/new Ideas to help sell under priced listings. Please help!
- 08/22/07 09:50 AM
With all these homes on the market that are over priced, I have a beautiful property that is well under priced, heavily advertised and still getting very little traffic. I need some new ideas on how to get my under priced listings sold. (6 comments)