Once upon a time, real estate agents sent mailers to homeowners with a headline that had some version of, “What’s your home worth?” It’s a pretty powerful question, because the answer is typically the information that a homeowner wants to know above all else—and only an agent could provide it. To further entice the homeowner, these mailers typically offered a free, no-strings-attached evaluation, opening the door to the kind of dialogue that would often result in a listing. Fast forward …
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When it comes to real estate, there are no shortage of predictions. But in spite of a desperate desire to know what’s coming, and various methods employed over thousands of years, the fact remains that even the very smartest people get it wrong, again and again. But that isn’t even the biggest issue. Here’s the real problem with real estate predictions. What to Remember No one has a crystal ball, and even the most educated guesses are just that—guesses. If …
No matter how astute you may be, the home-buying process is often a complicated tangle of nerves and emotions filled with expectations, compromise, negotiations, highs, and lows. After all, this is likely the largest investment in someone’s life, both emotionally and financially. Even investors have trouble separating emotion from business when it comes to real estate. That’s why you need an experienced agent who understands the oh-so-critical secondary hat they must wear—glorified therapist. Here are four ways your agent helps …
In California, Governor Newsom went from a recall election to signing three of the biggest housing bills in years. It’s action spurred by the housing affordability crisis that has long been the norm in the Golden State. Here’s a rundown on the new laws and my take on them. The New Laws Beginning January 1, Senate Bill 9 gives most homeowners the option to build two homes or a duplex on plots zoned for single homes. In some cases, those …
If you’re buying a home, property taxes have to be on your radar. Even once you’ve paid off your mortgage or never began with one, you’re on the hook for yearly property taxes and the rates vary greatly from state to state. But where do people pay the most? What do property taxes average in your city? Let’s get to it. What’s a Property Tax, Again? These are the fees real estate owners pay to the county (or other local …
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