Archive for November, 2007

Buyer Asking For Repairs

Sunday, November 11th, 2007

“My husband and I made an offer on a home a couple of weeks ago and asked for a termite clearance. The agent said we should ask for all repairs for Section 1, but not Section 2. When we asked the agent what the difference was, she didn’t know. Can you tell explain the difference?”
***ANSWER:
Happy […]

Real Estate Investor Management

Thursday, November 8th, 2007

“I’m not sure I’m cut out to be a real estate investor. You’d have to be so heartless. How could you ever evict someone who’s down on their luck and can’t pay the rent?”
***ANSWER:
I admire your thoughtfulness and caring. The world would be a better place with more people like you in it.
However, you must […]

Home Value After Remoldeling

Monday, November 5th, 2007

“How much value will I add if I remodel my kitchen?”
***ANSWER:
Great question. The answer depends on:
1. How’s your kitchen now?
I know of a woman in Pacific Beach who had her kitchen remodeled. When it was done, though it was nice, she didn’t like it and remodeled it again. Then she did it one more time […]

Sold Price

Friday, November 2nd, 2007

“I just missed out on a house that I wanted. The sign says the house sold so I’d like to find out the price. Can you find out for me?”
***ANSWER:
To paraphrase a recent president, it all depends on what the meaning of “sold” is.
“Sold” may mean that the buyer and seller just agreed on a […]