Why pricing your home according to market value is important

Question: “I’m thinking of selling my condo and I want to get top dollar. So I’m thinking of starting high to see what happens…” Answer: Hold on a sec. Here’s the rule when pricing your home in anything OTHER than a market experiencing rapid appreciation: “The closer you price your home to market value, the
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What is the best number of units for an investment property?

Question: “I want to start investing in real estate and I was talking with a real estate agent about buying 4 to 6 apartment units.  She told me it’s better to buy 4 units, but when I asked her why, she didn’t really know.  Do you?” Answer: I don’t know that it’s better to buy
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You’re Invited to Our Next Open House Extravaganza

  We’d love for you to join us on Saturday, February 2, for our next open house extravaganza. Here are all the details.   You’re invited to another Open House Extravaganza! This one is going to be at 5108 Pacific Drive in Pacific Beach on Saturday, February 2 from 1 p.m. to 4 p.m. This
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This Week’s Crazy Building: Bolwoningen

Bollenveld Bolwoningen by Dries Kreijkamp is used under the public domain
Amidst the medieval architecture and historic buildings in Den Bosch, Netherlands the Bolwoningen makes a very unusual contrast. These futuristic homes were the brainchild of architect, industrial designer, and sculptor Dries Kreijkamp and were built in 1984. Kreijkamp’s vision was two-fold. His inspiration came from the fact that we live on a sphere (the earth)
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Think You Need 20% Down to Buy a Home?

  Do you think you need a 20% down payment to buy a home? Think again.  There are many people I speak to who say that they’re busy saving for a 20% down payment on a house. A 20% down payment is great, but you don’t need that much in order to buy a home.
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Welcome Back, Old Friend

Contingent offers: welcome back, my old friends. Back when the market was red-hot, if you brought a contingent offer to a home seller, the response was often something like, “You must be kidding me! I’m not going to consider a contingent offer!” At that time, sellers had many offers to choose from, including cash offers,
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How to sell a property without disturbing the tenants

Question: “How do I sell a property without disturbing the tenants currently living in it?” Answer: If you’re selling a small or large apartment building, often it’s marketed as, “Show with offer.” So the investor makes an offer, a showing is arranged with the tenants, and then the buyer decides if they still want it
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Knowing when to make changes in your home search

Question: “I’ve been looking and looking for a 3-bedroom 2-bath house in a nice area within a mile of the coast for around $400,000. My agent tells me I need to look for a condo, but I don’t want a condo. Any suggestions?” Answer: Do you want to hear what you want to hear, or
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Why you should choose a home price that is easy to remember

Question: “We’re thinking of pricing our home at value range $794,325 to $823,450. Do you think that’s a good range?” Answer: Sorry, but I don’t. I want you to do something. Tell that price to a friend of yours, then ask them to repeat it back to you. Odds are, they can’t. Why? Our brains
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Think You Need 20% Down to Buy a Home?

      Do you think you need a 20% down payment to buy a home? Think again. There are many people I speak to who say that they’re busy saving for a 20% down payment on a house. A 20% down payment is great, but you don’t need that much in order to buy
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