The C.A.R does make some minor changes every year to our purchase contract, but according to Gov Hutchinson, the lead attorney for C.A.R., they haven't made any wholesale changes in 12 years. Gov was in town yesterday to review the latest version. Here are my notes:...
The real estate industry favors sellers, and buyers are under-represented. Here at the blog I've done my best to help educate buyers, and give you a fighting chance. Here's someone who wants to take it further:...
The son of a past client scored a good job in San Francisco a few years back, and is looking at 1-bedroom condos going for $700,000 - $800,000. They wondered if I had any tips. Good golly, at that rate I better come up with something! HOMEBUYING TIPS 1. Get a good...
While we are at it, here's another plug for my social-media outlets: Facebook - Every bubbleinfo.com post gets uploaded here, but that's about it. If facebook is your thing, it might be easier to follow the blog here, but no comments though:...
In this video I rattle off a few ideas about how move-up buyers can take advantage of a softer market. But only a fraction of today's realtors could execute them, let alone sell the other party - get good help!
Today's real estate market already suffers from having fewer sales to use when evaluating other properties. We've seen how some buyers, particularly those using Big Cash are paying prices that are hard to justify using traditional methods. As a result, the comps are...
An example of a recent bidding war, won by JtR's buyer. Sales in the neighborhood have averaged $398/sf over the last six months, and his was bought at $362/sf, so it felt like a decent deal at the time. We liked this one a lot because it was a larger one-story with...
Buyers are grabbing up everything in sight - what do you do? Be patient, commit to a price point, subtract up to $100,000 for repairs/improvements, know what/where you are willing to compromise, and buy the next good one! It's only sticks and stucco, you're the one...
When there are multiple offers on one of my listings, I am happy to divulge the pertinent information to all parties - because transparency benefits the seller. But most listing agents act like they are guarding Fort Knox, and won't give any guidance on...
There is an old-school habit in the home-selling business to give the seller a few days after the close of escrow to vacate. Back in the day it would accomodate the cashing of checks, and closing escrows upstream - but with today's standard of wiring funds and...
