Recently a Realtor® partner had to fire a Seller; no matter how they delivered the suggestions as a real estate professional, the Seller just would not listen. The Realtor® was contacted by the Seller and asked if they would list her house. The Realtor® knew from office associates this Seller was pretty eccentric so they took on the [...]
Why is my home not selling? This the biggest question that most home sellers ask their agents. Honestly, there is no iron clad answer to the question, but rather some unique possibilities that may factor into this situation. When faced with this, many sellers are unwilling to make the necessary changes for the sole reason [...]
Parked cars may soon be a thing of the past in Balboa Park. A $33 million plan to remove cars from the center of Balboa Park was announced this week. Completion of the project would result in a new structure, just in time for the park’s 100th birthday in 2015. The plan would require the [...]
The Obama administration on Tuesday will launch its most ambitious effort at reducing mortgage balances for homeowners who owe more than their homes are worth. Officials say between 500,000 and 1.5 million so-called underwater loans could be modified through the program, the first initiative to target homeowners who are current on their mortgage payments but [...]
When selling your home, the goal is to sell it quickly for the highest price while investing as little as possible in renovations. With a limited budget and a little effort, you can greatly increase your home’s appeal by focusing on what prospective buyers can see on their first visit. The experts at BuyOwner.com offer [...]
The economy is stabilizing. Home prices are holding. It’s not just as good a time as ever to buy a house. It’s one of the best times ever. 1. Low mortgage rates serve as an equity shock absorber. When buyers borrow at today’s record-low rates, they start building equity as soon as they close. That [...]
57 La Cerra Ct, Rancho Mirage Bed/Bath: 3 br, 2.00 ba Property Type: Condo Square Footage: 2641 square feet Property Subtype: Condo Attached Asking: $349,000 Cross Street: Bob Hope & Country Club MLS: #21406846 Map: click here to view map Virtual Tour Development: Sunrise Country Club This condo is the largest model in Sunrise Country Club! [...]
The national, 30-year fixed-mortgage rate (FRM) slightly decreased from a week earlier, setting a new record low average of 4.26 percent. Regionally, 30-year rates vary, but the majority of states witnessed a deflation. Most large states saw a decline in rates: California’s current rate of 4.28% is down from 4.3% last week; Texas’ at 4.23% [...]
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Average Home Prices Slip in Coachella Valley
I’ve been reading a lot of information lately about our current market conditions from other REALTORS® who are claiming an increase is sales price and number of homes sold. I would scratch my head and ask where they were getting their numbers. Turns out their numbers are coming from national statistics. Real estate sales are [...]
Mortgage Debt Tax Relief Program Ending Soon
The Mortgage Debt Relief Act of 2007 the IRS would not come after you for your taxable amount if you had an upside-down unpaid principle as a result of loan modification, short sale or foreclosure depending on your tax bracket, let’s say you were $100,000 short on your mortgage you could be responsible for as [...]
Is your REALTOR® connected? No, I don’t mean in the MobWives fashion, if that’s what you thought, you’re watching too much reality TV. As an active Palm Springs REALTOR® I believe it’s important to take advantage of the technology available to today’s real estate professional. Everything that required an agent to go back to the [...]
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