Archive for October, 2005

Part Time Agents: Good or Bad?

Friday, October 28th, 2005

Is using a Part-time San Diego Real EstateAgent a good Idea?
“My husband and I will be buying a house in Scripps Ranch or University City area He wants his fishing buddy who does real estate on the side to represent us. I know that’s a bad idea, but can YOU tell him?”
***ANSWER:
USING A […]

How to choose a real estate agent

Tuesday, October 25th, 2005

“I’ve been interviewing agents to sell my mother’s home in Del Mar. After talking with five, I’ve come to the conclusion I really have no idea how to tell who I should hire. Help!”
***ANSWER:
I’m going to tell you something you already know, but perhaps in all the confusion have forgotten.
The best predictor of […]

Grading Apartment Investments

Saturday, October 22nd, 2005

Grading Apartment Investments A,B,C, & D
I’m looking into buying apartments and I’ve heard brokers talk about A, B, C, & D areas. I think I understand, but can you explain?”
***ANSWER:
A, B, C, & D are subjective grades used to describe both location and property quality.
San Diego Investor
For location, here’s how I’d describe it. […]

Appraisals

Thursday, October 20th, 2005

Appraisal Question:
“Hey Gary. Question. What if when you’re buying a house the appraisal comes in low? Does the seller have to sell for that price?”
***ANSWER:
Great question. It’s important to remember that a residential appraisal is really the appraiser’s opinion and may or may not be “correct.”
If the appraisal comes in low, one of […]

Credit Score Myths

Tuesday, October 18th, 2005

What are some Credit Score Myths?
4 Common Credit Score Myths Revealed
—Myth #1: You have one credit score—
You have three, one from each of the three major credit bureaus. And they can vary 50 points or more.
—Myth #2: Your income or wealth impacts your score—
They don’t. Your credit score is about your CREDIT, not […]