Saturday, March 08, 2014
Whats Going On This Weekend In Inland Empire, CA Real Estate Mar.8 to Mar.9, 2014?
In the Inland Empire there are13,588 active propertiesfor sale.11,242are single family homes with an average listing price of504,500and1,799are condos or townhome with an average listing price of274,250.
If youre in the market to buy a new home then the most beneficial thing you can do is start working with a real estate buyers agent. As a buyer, youragents commissionis free of charge their pay comes out of the home sale and with their dedicated help in the home search you will secure the right home without wasting your precious time on a long and labored search.
You can view homes for sale this weekend at an open house or any time by appointment with a First Team Real Estate agent. Call or email us now and well connect you with a top agent in your area.
Email us atclientservices [at] firstteam.com
Call us at 888-870-1142
This weekend March 8thand 9ththere are9 First Team open houses in the Inland Empire7 in Riverside, 1 in San Bernardino County and 1 in the Desert Areas. Weve chosen our top 3 must see homes for the weekend. Each is a spacious single family home, take a lookSingle Family Home 44281 Flores Drive, Temecula, CA 92592Single Family Home -73425 Haystack Road, Palm Desert, CA 92260Single Family Home 4067 Sundance Lane, Norco, CA 92860
For even more options, check out all of First Team Real Estates open houses going on this Saturday and Sunday:http://www.firstteam.com/openhouses/
Attendee Tip:Bring your agent with you to an open house. Its not necessary to have them by your side but it can be a huge help. With your agent in tow you wont be bothered by the listing agent and you are in a powerful position to make an offer if you love the house. If youre a serious buyer looking to land the perfect home then having your agent with you at an open house is crucial.
Originally posted at:http://www.firstteam.com/blog/?p=7703
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How Home Buyers Can Save Thousands in Fees by Asking ONE Simple Question
This is probably one of the biggest kept secrets in the real estate industry:8 out of 10 home buyers do not realizetheycan legally get thousands of dollars back from their real estate agent at closing. As a former top producing banker with over 100 million dollars in sales per year this is something that I didnt realize until later on in my career: When I asked my real estate agent how much she usually gives back to the buyer, her answer was Only one client has asked me for a cash rebate in 12 years I found this astonishing since asking that one question can easily get you thousands of dollars back at closing.
Cash rebates are encouraged in 38 states to help home buyers save money:TheUS Department of Justiceeven recommends real estate agents give cash rebates to buyers, and files lawsuits against states that ban rebates because these states are discouraging fair competition. The 12 states that do not allow a buyer to get a cash rebate are: AK, AL, IA, KS, LA, MO, MS, MT, NJ, OK, OR, and TN.
Now I realize my fellow agents may not like me giving this information, and some may not even realize it is completely legal. When I posted a similar article on My Blog an agent left the following comment:
ah, legally, unless you are licensed, an agent cannot give you fees, it is illegal and considered kickbacks, sorry bad idea
She apparently must have missed the part about the Department of Justice encouraging cash rebates, and is more than likely referring to referral fees. However we are not talking about referral fees here. I am talking about cash back to the buyer. Keep in mind many agents help buyers with closing costs, but buyers can also request cash back at closing.
HOW MUCH CAN I GET BACK?
If you pre-approved, know what you want, and are not going to take up much of the agents time you can request more back. A common objection from agents is, You get what you pay for. This is partially true; you get what you shop around for
There are plenty of great full service agents that will offer you part of their commissions back. If an agent does not want to give you cash back they can simply decline to work with you, and you with them.
Remember the point is you want a GOOD agent. Some agents may try to imply that they arebetterbecause they dont offer rebates. Keep in mind there are many factors which enter into the professionalism and skill of a real estate agent, and whether or not they offer you a rebate is not the only factor.
HERE IS AN EXAMPLE
When I purchased my first home at which time I was not an agent the agent showed me four houses over the course of a few hours and he earned over 9,000 in commissions. If I would have known I could have gotten cash back at closing you can bet I would have asked for a few thousand back.
BE RESPECTFUL TO THE AGENT
To get an idea of how much you can get back please see myCASH BACK CALCULATOR. The thing to keep in mind is not to be greedy. Real estate agents work hard for their pay and can go months without selling a home. In addition to that agents may have to split their commissions with their broker. The broker is the company or person that the agent works for. So commissions are often split four ways. To be fair to the agent I recommend asking for a .5 rebate of the purchase price of the home. So for example: if you purchase a home at 500,000, it is fair to ask for a 2,500 rebate 500,000 X .5 = 2,500. At Bargain Agents I make it easy for you as a buyer to get cash back from your agent by using the Name Your Price feature of the website.
For more information and to get cash back from your agent seethe How it Works Page. AtBargain Agentsmany agents will give you a cash rebate, AND provide you with the Full Service VIP treatment you deserve.
Article Written By Tony Dosanjh
Questions? Call Me: 415-290-6647
Founder/CEOBargain Agents Inc.
BRE License 01151194
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Whats Going On This Weekend In Los Angeles County, CA Real Estate Mar.8 to Mar.9, 2014?
There are a total of11,227active properties in Los Angeles County. Of those listings8,335are single family homes - average active listing price1,268,000, and2,777are condos and townhomes with an average active listing price623,500.
If youre in the market to buy a new home then the best place to start your home search is by reading about the buying process. Check out our First Team blogHow To Buy Your Dream Home In 7 Stepsto get a step-by-step guide on home buying with tips for each part of the process. This week we wentover how to secure a home loanincluding all of the tedious and unexpected things home buyers need to do to stay on top of the game.
Are you ready to start looking for your dream home? You can view homes for sale in L.A. County this weekend at an open house or by appointment with a First Team Agent. Call or email us now to set up your appointment to view the hottest Los Angeles real estate.
Email us atclientservices [at] firstteam.com
Call us at 888-870-1142
There are10 First Team scheduled open housesthis weekend March 8thand 9thin Los Angeles County. Weve chosen our top 3 must see homes for the weekend. Our 1 pick is a beachfront peninsula retreat with a 50,000 price reduction Take a peekSingle Family Home -6619 East Seaside Walk, Long Beach, CA 90803Single Family Home -4372 Mountain Shadows Drive, Whittier, CA 90601Single Family Home -1261 Hackett Avenue, Long Beach, CA 90815
Interested seeing some more properties this weekend? Take a look at the 117 differentFirst Team Open Housesthis Saturday and Sunday across Southern California.
Attendee Tip:Before you visit an open house, team up with a buyers agent to help you through the home buying process. The truth about buying a home is that its a long and complicated process but with the right help, youll breeze through it and end up with the home of your dreams. Its not necessary to have a buyers agent with you at an open house but they could be the go-getter you need to when its time to make an offer on that perfect house once you find it.
Originally posted at:http://www.firstteam.com/blog/?p=7701
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The Ultimate Guide To Your Home Value Estimate
One of the best tools when it comes time to sell your home is an online home value estimate. You might be asking yourself, what exactly is an online value estimator and how does it work? Lets break it down.
Online home estimates useAutomated Valuation Modelsor AVMs to determine the true value of a property based on its features and comparable homes in the area. At First Team weve developed our own state-of-the-art property valuation engine powered by the same technology used by major lenders, mortgage servicers and investment bankers nationwide.
By giving you the tools to accurately determine how much your home is worth, theFirst Team Home Value Estimatehelps home sellers prepare for and succeed in their home sale.
Home Seller Benefits
The First Team Home Value Estimate is made to help home sellers recognize the true value of their home. Simply input your address into theFirst Team home estimateand you will see an approximate value, estimated range and full comparables report of similar homes and their sold prices. We utilize a number of algorithms to calculate your homes value including appraisal emulation, neighborhood specific comparables and time adjustments.
Figuring out the value of your home is a crucial first step in the home sale process because it helps set in place your entire selling strategy and plan. Knowing the homes true value will help you decide whether youd like to sell your home as is or renovate and remodel to increase its value. It will set a budget for the next home you can buy. It will also give you a realistic range when it comes time to list your home andset your asking price.
Another benefit of First Teams home estimate is to help sellers decide when its the righttimeto sell. Sometimes a move is set in motion because of a life change like job >
Even home buyers can benefit from checking home values. If you are interested in a home, its important to know the market value of the property so you know what price is appropriate if youre interested in making an offer.
What the estimate doesnt tell you
Online home value estimates are a great jumping off point. They give you an initial picture of what your home is worth based on comparables and helps you get a clear picture of what your home sale will be.
However no algorithm can beat the expertise and intimate market and industry knowledge of an agent. The computer doesnt know some very importantfactors that affect pricelike the condition of your home itself. Recent remodels, curb appeal, additions on a home and upgrades all effect the final selling price of your home. Also, real live agents can pick up on market trends must faster than the algorithm as well.
If youre in the market to sell your home and would like to find out the most accurate value and price for it, then hire an appraiser or contact us at First Team Real Estate. With tools like our home value estimator and hyper local in-depth market knowledge, a First Team agent is the most important asset you need to sell your home for top dollar. Call or email us and well connect you with a top agent in your area.
Email us atclientservices [at] firstteam.com
Call us at 888-870-1142
Originally posted at:http://www.firstteam.com/blog/?p=7694
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Stressed? Be Mindful
FromHallmark Abstract Service, New York.
Mindfulnessand what it canmean for you
Mindfulness is a state of active, open attention on the present. When youre mindful, you observe your thoughts and feelings from a distance, without judging them good or bad. Instead of letting your life pass you by, mindfulness means living in the moment and awakening to experience. Source
We are living in stressful times my friends which makes possessing the ability to overcome, or at the very least manage well, our daily angst coupled with concern about issues both both near and in the distant future an imperative
This is true whether you are working as an attorney, a doctor, a student, a Realtor, a caregiver or in any other capacity
For the purposes of this discussion, however, the focus is going to be on the law.
For anyone reading this who is not working in law simply substitute the word that describes your day-to-day activity for law or lawyer.
From Lawyerist.com comes this great description of the problem of stress along with ways to practice mindfulness
How to Increase Focus and Productivity with Mindfulness
Lets start by understanding the human physiological response to stress. Suppose you are in a heated conversation with your least favorite opposing counsel. Your brain specifically the amygdala sends distress signals to the hypothalamus. This triggers a chain of events in your body as it prepares for battle.
Your heart rate increases, and blood pressure goes up. Your breath gets shallow, and you start to breathe more rapidly. The extra oxygen increases alertness, sharpening your senses, such as sight and hearing. Your body also starts >
The part of the brain that is involved in the fight-or-flight response is thehypothalamus, the oldest part of the brain from an evolutionary perspective. This automatic response has allowed the human species to survive for as long as it has. This reaction is great, and necessary if you are being attacked by a tiger, but it is not very useful when you are trying to resolve an issue with opposing counsel.
The problem with the fight-or-flight response is that it makes it difficult if not impossible to fully utilize the frontal cortex the part of your brain responsible for executive functions and making good decisions as a lawyer. As the name suggests, the frontal cortex is in the front of your head, behind the forehead.
The frontal cortex is the part of the brain thatshouldbe in the drivers seat when we are trying to resolve a dispute with opposing counsel. It is the part of the brain responsible for planning complex cognitive behavior, making decisions, and moderating social behavior. From an evolutionary perspective, the frontal cortex is the new kid on the block. It is what sets us apart from other mammals. Unfortunately, when you are in fight-or-flight state, your frontal cortex takes a backseat to the hypothalamus.
Research indicates that there are specific tools you can use to halt the stress response, lower levels of the stress hormone, and recover more quickly from stress so you can access higher brain functions. This technique is known asmindfulness.
Impact of Mindfulness on Stress Situation
The practice of mindfulness is basically training for the brain and mind. It is a tool we can use to calm the hypothalamus and allow the higher brain function to take place. All of us intuitively know that we function better when we are not stressed and in a panicked state. However, we may not have the tools to be able to calm ourselves in the moment.
Mindfulness is paying attention to the present moment. In my example above, when you are interacting with the opposing counsel, mindfulness allows you to respond thoughtfully instead of just reacting. When you are mindful, you are able to notice your emotional state in that moment. So instead of lashing out at opposing counsel in anger, you can pause even if for a second and simply acknowledge that you are angry. This ability to see your feelings and thoughts without getting carried away by them is the cornerstone of mindfulness practice.
Once you are able to see your own anger in the situation, you have the opportunity to choose your response. Maybe the best course of action is not to match opposing counsels anger and yell back. Maybe you can take a few deep breaths, give your nervous system a chance to recover, and then respond by saying I can see were both very angry. Id like to continue this conversation tomorrow.
The ability to soothe yourself in the moment and avoid a knee-jerk reaction sounds great in theory, but it is incredibly hard to do. This is why mindfulness must be practiced and cultivated.
Rewiring Your Brain
Numerous studies suggests that mindfulness decreases stress and anxiety. Mindfulness Based Stress Reduction MBSR programs are being taught all across the country, from elementary schools to hospitals even tolaw schools. What the data indicates is that meditation can actuallyrewireyourbrain, creating new neural pathways and increasing brain density and grey matter.
Studies also indicate that you do not have to be a zen master or go on a year-long retreat to gain these benefits. It is possible to make these shifts in as little as 8 weeks. Consider the impact on your life if you could have a different response to a stressful situation. By rewiring your brain, you can tap into all of your internal resources and increase resilience.
The way you react to a particular situation is based on how your brain is wired. Your brain may already be wired to react negatively, with anger and hostility, to opposing counsel because of something he said or did years ago. Each time you interact with him, the same buttons are triggered. If you could rewire your brain, you could lessen the impact of those feelings.
How to Practice Mindfulness
There are two primary ways to practice mindfulness: formal and informal practice...
Read the rest of the article at theHallmark Abstract Service blog here.
Buying or Refinancing Residential or Commercial Real Estate in New York City or Long Island?
Save hundreds of dollars in closing costs with Hallmark Abstract Service
Click here to learn more.
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OK, we closed. Anything else I should know?
OK, we closed. I have the money and they have the keys. Anything else I should know?
Part 12 of 12 in the series of the answers to frequently asked questions of sellers.
Answer Good for you. Now get that check in the bank and get on with life. If I can help you find a new place to live, let me know.
If you lived in Michigan you should have received a form to allow you to rescind the homestead exemption on that house. Be sure to file that or have the title company file it. If you plan to buy another house or maybe already have another house in Michigan, you can only Homestead one property at the time; so get the old house off the books and Homestead the new one.
If there was an escrow amount held to cover the last water bill, make sure you follow up on that, so that you can get any balance that is left back. Some places only bill quarterly; so, dont forget about it. If the bill is sent to the house, make sure that the new owners know what to do with it. Most of the time they can just forward it to your title company for payment.
If you had occupancy after closing, make sure that you leave the place broom clean when you leave and take the keys into wherever it was agreed upon for the turn-in. Make usre that you sign a turn in form and get a copy. The buyer is supposed to submit that form to the title company that is holding the occupancy escrow, so that you can get any balance back. If there was a damage deposit, be sure that you got a damage >
If you havent already done so, inform your home insurance company that you have sold the house and moved out, so that they can calculate a rebate for the unused insurance premium and get that to you.
Make sure that you put the closing packet somewhere safe and when you get the payoff letter for the mortgage if you didnt get one at closing put it with the paperwork.
Depending upon what you do now buy another home or not you should also get with your tax advisor so that youll understand the tax consequences of this sale and what you may need to plan for to deal with that.
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Must read advice for anyone who sells unless of course you are...
FromHallmark Abstract Service, New York
This is must read advice for anyone who sells unless you provide a product that every business or individual must buy on an ongoing basis, your company is the only one that produces or supplies it and you are the only salesman at that company.
If thats you then skip this article
If, on-the-other-hand, you are like most everyone else and are in a business that faces fierce competition providing a product for a limited group of buyers and are somewhat constrained by an inability to differentiate by price , then you may want to read on
The prior sentence in one way or another describes most businesses whether its law, real estate, title insurance, mortgages, a car body shop or really most anything else.
That being the case the question of client acquisition then becomes this:Are You Tenacious?
Not annoying, obnoxious, over-bearing or uncomfortably over-aggressive but tenacious There is a difference
The following article from RedRover discusses one aspect of client acquisition you may find helpful.
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Five Tips for Indoor-Outdoor Living
Only 2 Of Sales Close At First Meeting Tenacity Paysby Lori Turner-Wilson,CEO/founder of RedRover Sales amp; Marketing
Read the article at HAS here.
Indoor/outdoor living used to be the kind of thing we expected to see in luxury resorts, where ocean breezes and views could trickle into open-air huts, with nary a door or window to keep the tropical beauty out. Then we thought of them as strictly a west coast thing, with living areas that could transform through sliding doors that disappeared into a wall or folded away, literally erasing the separation between the house and the ocean view. Today, the idea of indoor-outdoor living is not just for beach-dwellers anymore. And its not just for the moneyed either.
Want to create an indoor-outdoor experience or a more resort->
And if you have a view, by all means, let that in too. If you keep your blinds drawn for privacy reasons or because you dont want to let the heat in, there are ways to deal with this. Try solar shades, which can help with both of those problems. These are exterior screens that are custom fitted to your window and that can filter out the harsh rays. They are also said to save you as much as 30 percent on your electric bills
Add a pergola or an outdoor patio. Not only will these give you a private covered area - very resort living - but if positioned correctly, they can also deflect sunlight away from your home. Pre-fabricated structures in a variety of materials at stores like Target, Lowes, and Costco can also do the trick for those who want a quick fix without a big expense.
You can also consider building a taller fence or planting tall trees to block out some sun.
Go beyond open drapes and even open windows. If you really want to take full advantage of the indoor-outdoor living, break down the walls. Its easier than you think. "You might incorporate French doors or large accordion doors into your home. This allows you to really open up your space and let the warm breezes blow in," said Kohler. Visit Jeld-Wen to see how swing-out doors take no more space than traditional French doors. And then check out Houzz or Dwell for inspiration.
Sometimes making sure the yard is well used is all about making a few small changes. Like a hanging swing, said This Old House. "Have a humdrum porch? A basic patio or a neglected deck? Some simple additions - a hanging swing, mood lighting, a vintage find or two - are all it takes to transform an ordinary outdoor space into an open-air living room that adds value and comfort to your home year-round."
Why cook in the kitchen all the time? If you have the space and the climate to support it, build an outdoor kitchen. "In parts of the country where its sunny year round, outdoor kitchens... are quite popular," said Kohler. "If youre limited with outdoor living spaces to certain months of the year, you might opt for something like a screened porch with a fireplace or a covered outdoor kitchen."
Why just stick to "normal" spaces. If you love the indoor-outdoor life>
Dont live on the ocean but want to make it seem like you do? Some well-thought-out landscaping can help. Bring in some palm trees and make sure you place them where they can be seen from inside too. A well-placed fountain can also give the impression of a tranquil, tropical environment while helping to drown out traffic noise.
The best tool to help you in your home search is knowledge so check out our 7 part serious onHow To Buy Your Dream Home In. This week we brought youStep Six: Secure Your Home Loan. Each week we bring you tips, tricks and all the info you desperately need during the home buying process.
If youre ready start the search for your dream home now then you can view homes for sale this weekend at an open house or by any time appointment with a First Team Real Estate agent. Call or email us now and well connect you with a top agent in your area.
For all homes available for viewing at an open house this weekend in Orange County, follow the link below:
March 2014 After a couple of years of steep price increases and strong sales, our local market is taking a breather as prices level off and inventory increases. During the run-up, homes were selling so fast that little if any preparation work was necessary, due to the scarcity and demand.
As we enter a more moderate market phase, inventory will increase and demand will cool a bit. This puts sellers in a more competitive position and may require a higher level of attention to detail in preparing homes for sale. There are two main motivations for selling, time and money.
The preparations that make sense for these two ends of the spectrum are different. Some upgrade and update projects actually provide a positive return and can be looked at as investments. For the seller on a tight budget where every dollar counts, these make the most sense.
Other projects are more expensive to complete and may not return the amount spent at the point of sale, though some come pretty close to break-even. These projects will appeal more to sellers who have money to spend in order to sell more quickly. In other words, the big projects can buy time for the seller that wants to move fast.
Some examples of low-cost projects that can provide a positive return are exterior/landscape cleanup, interior/exterior paint, flooring replacement, and minor kitchen or bath updates such as replacing fixtures and appliances with modern but modest materials. Front door and garage door replacements also increase appeal at >
Examples of higher-cost projects that can result in a quicker sale for those sellers who can afford to buy some time are room additions, new decks, kitchen and bath full makeovers, and the like. These projects may return only 50 to as much as 80 of the money spent, yet will generally help sell a home more quickly.
For more information and a complete survey of cost vs. value for a wide range of update/upgrade/remodel projects, please see the 2013 Cost vs. Value Report at http://www.remodeling.hw.net/cost-vs-value/2013/
Paul Sieving is a Realtor with MacLeod Sierra Realty, a former Officer and MLS Chair of NCAOR, current President-Elect of the Nevada City Chamber of Commerce, and has served our community as a real estate professional for 14 years. Comments, questions and thoughts are welcome at \n " data-cke-saved-href="mailto:"> or 530 274-0906.