Category Archive: General Real Estate Advice

Top Five Ways to Maximize Sales Price in Today’s Real Estate Market

House Decorated for Christmas

What makes one house sell while another one lingers on the market?  What causes one house to get multiple offers and another to seem to repel buyers?  Is it the location?  Is it the condition?  Is it the marketing?  The truth is that it is a complicated mix of these and other factors. When you decide to …

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Report: Housing Poised For Recovery

Young boy outside

In a paper published by J.P. Morgan Asset Management titled “Housing: A time to buy”, the authors Dr. David Kelly and David Lebovitz make the case that the housing market is poised for a recovery. You can read the entire paper by clicking here or read it now in PDF form here Housing: A time …

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How Interest Rates Change Real Estate Purchasing Power

Woman Signing a Check

Most real estate buyers can’t afford their home. A first time buyer who saves up for a down payment, has good credit still can’t afford their home. Being able to afford their home means paying cash. When a buyer says that they can afford a $300,000 home for example what they actually mean is that …

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The Personal Side of Real Estate Negotiation

Hear No Evil, See No Evil

There are many tactical ideas about real estate negotiation but in my opinion not enough is said about the emotional relationship between a buyer, a seller and an agent.  Buyers and sellers don’t often meet in person.  This can be a very good thing in many ways because the agents take the direct confrontation out …

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Are Home Warranties Worth The Money?

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Many times you will see “Home Warranty Included!” on a property listing. This sounds good right? But many times prospective buyers who negotiate for home warranties have the wrong idea about what a home warranty is and what it covers. Here are some answers. A home warranty is basically a very limited insurance policy that …

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Interest Rates Super Low – Affordability High

Interest_Rates_August_2011

It seems like I have been saying this for years but now would be a fantastic time to buy a property.  As interest rates drop the payment on the mortgage falls.  What is surprising is how much.  Say you have a $300,000 mortgage at 6% right now.  6% used to be a great rate.  Anyway, …

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The Price Value Continuum In Selling A Home

price_condition_2

In order to sell a house in today’s real estate market a house must make a compelling case to the market.  Some things like neighborhood and location within the neighborhood you can’t control.  But set those aside and you are left with two key variables that are controllable and important to the sale. What I’d …

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Why It’s Still Time to Buy

Businessman with Umbrella in Desert

A recent Wall Street Journal article reinforced some good points I have been trying to make about the viability of the housing market in the short and long term.  The article which can be seen in its entirety here basically says that despite all of the negative news which surrounds the housing market, it is …

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Boulder County Property Assesments – What it means and how to appeal

Assessment_map

If you own property in Boulder County, you most likely received a 2011 Notice of Valuation in the mail this weekend. If you were like me seeing new assessed value of my property(s) was very interesting. As you look at your valuation notice here are a few things to keep in mind: The property value …

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Worn Listing? How to Sell a House That Has Been on The Market for Over Six Months

patternrecognition

The end of January is when the real estate market in Boulder Colorado just starts to get moving.  New listings are coming on the market full of hope.  But what if you have been on the market for awhile?  Here are a few tips to make sure you haven’t lost your showing edge.   Here is …

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