202005.21
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Never Try to “Time” The Market

For weeks now, based in part on the economic gloom forecast for real estate values from west coast based lenders, we’ve been encouraging our real estate investor clients to wait just a little longer but save your cash and there will be some ‘incredible’ values coming onto the market soon!    The inevitable response:   How…

202005.18
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How are Lenders Responding to the Pandemic?

Even as much of America starts to re-open for business, the consequences of the Pandemic are also just starting to hit Main Street.   The latest statistics are that despite the Trillions in money pumped back into the business community and into the pockets of those who lost wages, about 1/3rd of America is now at…

201906.10
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Fast Talking Analysis of Competition in Flipping

Today’s lighthearted blog is really just a link to connect to another video blog: https://thenationalrealestatepost.com/flipper-using-uber-drivers-to-find-distressed-homes/ The NREP (National Real Estate Post) gives us a few national statistics to ponder on flipping and a novel new idea on how to preserve your market share. First, the percentage real estate transactions that end in sales to flippers…

201906.05
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Buy Fresh, Buy Local

Imelda Marcos has nothing on me when it comes to shoe fetishes.   My compulsion is to constantly replace my tennis shoes.   Nike, Adidas, New Balance, Head, Wilson, Babolat . . . they must invest huge sums in the technology to expedite the breakdown of the cushioning in the sole of the shoe.    But I digress….

201905.09
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Creative Down Payments

The big news in the last few years has been that many 20 and 30 somethings have a different priority and value system when it comes to home ownership than their parents had.    Low and Behold, home ownership has moved up the Millennial priority list!  There is a shift of attitude happening statistically and the…

201905.03
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Sales Procrastination? Consider Your Timing

So you know you need to sell your home.  The reasons are many.   The alibis for procrastination are also many. Sometimes procrastination works in your favor.   Low priority things that you ignore long enough may eventually become altogether unnecessary.    How high a priority is it to sell your home? Once you find the motivation and…

201903.01
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The Opportunity Cost of Home Ownership

Some might think me crazy, being a person whose livelihood depends largely on commerce in real estate.   But it has to be acknowledged!   There is an opportunity cost to being a homeowner.  I have been a homeowner since I got out of school and found a seller crazy enough to owner finance my first home…

201901.30
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Looking for ways to SAVE MONEY on your next closing, LOOK ELSEWHERE (when it comes to TITLE INSURANCE)

Long gone are the venerable days when you hired an attorney for $1,000 and he actually visited the courthouse to search title to the property you were buying.     The closing industry has become so competitive that most settlement fees are 1/3rd to 1/2 what they were 50 years ago!   Attorneys had a monopoly in Virginia…