Part of homeownership is handling the unexpected - and there are times when water takes its toll. If you call your insurance company, expect that they will run up a five-figure expense, and a stain on your record that lasts. Or you can fix it yourself:
Month: October 2012
Investor-Driven Market is OK
In this article, the author claims that the real estate market will tank when investors leave the market, and then at the end says, "The only part of the market that’s busy is the low end where speculators are fighting over a few measly crumbs. The rest of the market...
Precision Inspecting, Part 2
After thorough inspections and quotes have taken place, we had one more test to conduct before releasing all contingencies:
Foreclosure Animals
WOODSTOCK, Ga. -- A family in Woodstock, who just lost their home of 20 years to foreclosure and are preparing to move out, lost even more on Wednesday. And it was because of what they triggered when they posted a craigslist ad Tuesday night. Their online post was...
Sizzling Lower-End
While the whole NSDCC market feels like it is cooking, the inventory shortage and resulting dash to tie up properties is restricted to the lower end of each area. We've considered a 2:1 ratio of active listings to pendings to be a fairly normal market, and the...
Doobie
Precision Inspecting
These older buildings require a comprehensive review by top-notch contractors who can quickly identify the problems and put a price on the solutions. In the competitive times we're in, it is customary to shorten the contingency period, which I don't mind because I...
Short-Sale Flopping
Why would anyone spread possum urine around a house, turn up the heat and close all the windows for a few days? Because they're flopping, of course. Flopping is the latest in mortgage fraud, in which sellers actually want as low a price as possible. The scheme works...
Alta Del Mar
The promotion has begun on Pardee's highly anticipated development at the edge of the 800-acre Carmel Country Highlands - Alta Del Mar. They didn't mention prices, but we believe that the estate homes, ranging from 4,151sf to 6.235sf will start around $1,700,000. ...
Salesmanship
What do you mean, "arrogant listing agents"? The listing agent's job is to promote the property in a way that generates the most offers, and once those offers are submitted, to handle them in a way that results in a smooth, top-dollar sale for the seller. While that...