Buyers have become more reluctant about executing the terms of the contract - and the NBPs are back! Here is the explanation on how they work: Q. My buyer was sent an NBP on Wednesday. My question is does the NBP expire 48 hours from delivery/reception, or at 11:59:59...
When it comes to selling your home, there are a few strategies to consider - and the most important point is to select one, any one! There is the old traditional PPP plan - Put it in the MLS, Put a sign in the yard, and Pray. My favorite is to spruce it up, price it...
Just a quick reminder of the constant grift in real estate. Before the listing was entered onto the MLS: After the MLS listing was inputted - at least they didn't recreate the history graph.....yet: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Before the listing...
Every year, there are new and evolving home design fads that should “scare” you to death. Last year, there were moss-covered accent walls (gasp!), acrylic furniture (shriek!) and Tuscan-style kitchens (yelp!). This year, it’s the “cloffice”—a pandemic-era...
All of the home buyers who were willing to purchase a house 'as-is' with no repairs are sitting comfortably in their 3% golden handcuffs contemplating what else to fix. None of today's buyers - which is a whole new set of people - are going to tolerate that program....
We were discussing the "mold" found by a home inspector, who wasn't qualified to comment on the subject - though that didn't stop him from trying to scare the daylights out of the buyer just so he could CYA. I suggested that it was the garden-variety mildew that could...
I picked a great day to start the mortgage-rate tracker in the right-hand column! >>>> Mortgage rates haven't been in the 6% range since 2008: How many agents have operated in a 6% environment? It will be less than half of the active agents today. To...
Hat tip to CB Mark for sending this in! A few years ago, some friends appeared on a house-hunting reality TV show. They had a blast, but afterward, they revealed something that surprised me: It was all staged. They’d already purchased a house when they filmed the...
Last week, reader TOB talked about a buyer he knew who walked away from a deal over the Rampart fireplace. Here's a list of other issues that might be deal-killers, but we try to find a way to solve them before giving up!...
Our Carmel Valley listing closed escrow yesterday! It was the 3br/2.5 ba, 1,804sf home built in 1989 that we completed about $60,000 worth of upgrades in preparing for market (it had been a rental for years). The before-and-after photos were featured here: [button...
