Archive for October, 2007
October 24th, 2007 categories: For Fun
Whether this billboard earns business by making someone laugh or snags a bit of buzz by pissing people off, it was a stroke of genius by whomever designed it. I would love to throw out some link love to the website that is advertised on the billboard, but alas, the website only goes to a placeholder. Not such a genius move…
Thanks to the Best Article Every Day blog for uncovering this billboard and 12 others that were quite worth a look.
Spoken by Don Edam |
October 24th, 2007 categories: Real Estate
According to clickz.com, movers spend on average $7,300 in new products and services in the first 90 days after moving. Top methods to research and locate new businesses in the community are word-of-mouth through new neighbors (67%) and the Internet (61%). Email falls lower on the list, at 23%.
Spoken by Don Edam |
October 23rd, 2007 categories: Real Estate
Property Virgins takes viewers inside the intense world of house hunting through the eyes of first-time buyers. The series focuses on the roller-coaster journey of property virgins’ first foray into real estate, offering tell-it-like-it-is entertainment and practical take-home advice. Part realtor, part therapist, friend and financial advisor, host Sandra Rinomato helps new buyers see the difference between their hopes of acquiring the out-of-reach dream home and the hard reality of what it takes to find the right property.
HGTV’s Property Virgins host Sandra Rinomato shares her expertise on the homebuying process…..
- The rule of thumb is that you should be able to afford a mortgage three times your income.
- Lenders subtract any debt payment from your income, so if you have a big debt, you have a lot less income - and a lot less house.
- When you are looking at a house, you have to have a wish list, but you have to understand that no house is going to be perfect.
- Don’t judge a book by its cover. Same goes for a house. Go inside and look around before making a decision.
- When you buy a property, you should always have a home inspector come through. You never know what they’re going to uncover, so don’t crack the champagne just yet. If the home inspector should find something, then you can use it to your advantage to renegotiate the deal. Or you might have to walk away.
- You have to see past the junk and see the potential. When you buy a house, it’s not just a place to live in, it’s an investment. Keep in mind your dollars down the road.
- Home staging is big business. It can add thousands of dollars to the selling price. An unstaged house that has not been properly prepared for sale will sell for much less than the asking price.
- Feelings often take over the first time you go through a house, but the second visit allows time to do a thorough inspection led by your head, not your heart.
- The three most important matters when it comes to negotiation are information, preparation and realism.
- Reality often outweighs fantasy when it comes to buying a home.
- When a renovated house is priced low, it is a good indication that the owners are looking for a bidding war - they want to get as much money as possible out of the sale.
- When you’re house shopping, you can’t pull a number out of a hat. Find out what other homes in the area have sold for, how long ago the sale was and what amenities they have.
- What you want to pay for a house has nothing to do with the fair market value. What you can or cannot afford has nothing to do with the value of a house.
- The key to success when buying a home is to trust the experts.
- Before you begin to house shop, you need to have an idea of what kind of neighborhood you want to live in and the style of house you want.
- When it comes to investing, the best place to invest is in an up-and-coming area.
- It is especially important to have a home inspection if you are looking to buy an aging or older house. They look past the visible surface to the infrastructure, inspecting plumbing and looking for faulty fixtures and waste lines. They check electrical systems to make sure they aren’t overloaded or a safety hazard. They also look at possible structural problems like the foundation, walls and floor joists.
- The old adage holds true. If it ain’t broke, don’t fix it.
- It’s great to have your financing in place before you look because houses are bought and sold overnight. You could lose your dream property waiting to secure the financing.
Spoken by Don Edam |
October 23rd, 2007 categories: Real Estate
Residents from Stevenson Ranch, north of Los Angeles, watch a helicopter aiding the firefighting effort scoop water from the 9th hole at the TPC Valencia golf course on Monday evening. According to MSNBC.com, at least 300,000 residents were evacuated yesterday and 700 homes destroyed as fires worsen. 
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Spoken by Don Edam |
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