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…

201901.23
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Equilibrium!

Everyone loves a close game, right!   The ratings and reviews on this past weekend’s Conference Championships in the NFL were a great example.   Both went to overtime.   Saints fans say the refs love a competitive game a little too much a refused to call a blatant pass interference foul and helmet to helmet illegal hit…

201802.19
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What does Terrorism have in common with a Survey?

IF YOU SEE SOMETHING, SAY SOMETHING!!! Your realtor is in a unique position to help identify problems that call for further investigation.  Consider the surveyor to be like a good law enforcement officer.   Even your closing attorney can’t help unless the realtor alerts him to issues that presented themselves at home inspection, walk-thru, or when…

201706.29
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Do Your Part to Fix the Economy, Buy a Home!

But seriously!   Everyone has to live somewhere.   Buy the place you live in,if you are able.   If not, buy a place that someone else is dying to live in and become a landlord.    Real estate is a decent investment.   Since the recession of 2008, the U.S. economy and real estate market have been slowly but…

201704.24
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Reality and the Internet

Researching who you hire was once almost entirely a “word of mouth” affair.   Then came the Yellow Pages.  Mix in a little TV, print media, radio, mailers, and basically, any service provider could initiate their own “word of mouth”, self-aggrandizing recommendation. Fast forward to the age of the internet.  The emphasis these days is on…

201610.24
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Virginia Voter Information!

This year’s (11-8-16!!) ballot has the potential to be a little more complex than usual.   In my city there is a referendum on Light Rail, a question on exempting widows of First Responders killed in the line of duty from real estate taxes, and a constitutional amendment on keeping Virginia a “Right to Work”…

201606.24
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Why can’t I let my brother in law negotiate my short sale? He is a realtor after all!

Kudos to one of our legal network affiliates of Attorney Short Sale Negotiators who answered this question as succinctly and accurately as you could ever ask: Should real estate agents negotiate short sales? No.  Absolutely not.  It is replete with legal issues, risks, deficiency issues (amounting to tens or hundreds of thousands of dollars of…