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Expert Tips for Navigating the Real Estate Market

Our mission is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

Sunday, September 10, 2017

Tips negotiators use to make or save MILLIONS

In business and in life, you don't get what you deserve, you get what you negotiate. If you have or want to buy or sell a home, you realize the importance of this. In the art of negotiation, there are several main points that will allow you to win or compromise: 

Here are the top key points: 

1. Purchase PriceIf someone is looking for a million dollars for a property and you offer them $500,000, it is unlikely that they will accept it depending on a variety of different variables. 

2. Cash VS Financing- style when you make a purchase or sell. Are you buying with cash or financing? Often times, cash is king. The reason is because there is a number of vendors that would not be involved like appraisal, financing time frames and underwriting.

3. Closing Date- as a buyer, make sure that you can close in 2-3 weeks.

4. Earnest Money Funds- a bigger amount of earnest money is 
more attractive to buyers. It shows that you are motivated or serious to buy the property.

5. Contingency- as a buyer, these are the items that will allow you to walk away from the offer if items that pop up in this contingencies are not what you are looking for.

6. Time Frame- the length of time it takes to complete a deal.

7. Number of Contingencies- If you are a buyer, it would be better not to have many contingencies. The more items that you have, the more that a seller will be unattracted to that offer.

8. Expiration of Offers- A buyer should add a cancellation time frame for the seller, it make sure that the home doesn't sit out there for months.

Negotiation is about knowing what you want, going after it, and respecting the other person in the process. Remember that the whole point of negotiating is compromise. This means that you need to look out for yourself, but also be willing to budge in order to satisfy both parties.

If you want a FREE checklist on the best methods to win as a buyer in a competitive market ( even when competing against dozens of other home buyers for the same property!) grab your free report here:

Thursday, July 13, 2017

How Does Our Changing Economy Effect Your Home Purchase?

Introducing Joseph Levy, a proficient lender professional for RPM Mortgage.

Selling a Home? Get a FREE home value report
Purchasing a Home? Get full MLS access

Buying a home can be competitive, so having the right financial picture set up can be the difference in winning or losing a home. 

My friend and colleague Joe Levy is an a-m-a-z-i-n-g mortgage professional that knows more about mortgages than most 3rd world countries. He shares several insights today, including:

  • Significant jump in interest rates after the election.
  • Stock market has been doing well in support of the Trump policy.
  • The market always fluctuates in a downward trend over the course of the past several weeks. We cannot make a prediction of where it is going to be in the next months.
  • When is the best time to buy? In terms of liquidating a down payment.
  • Evolution of Lending- modifying itself to the new economy.
We are giving buyers more buying power.

...and much more.

Listen here for a few minutes to hear the latest and greatest tips that can help you with your current or future home.

No matter where you are in the US, you still need to negotiate to buy or sell a home. Give me a call or send me an email soon. I’d be glad to help!

Tuesday, May 9, 2017

This little secret could make or save you thousand of dollars when buying or selling a home.

Here are some tips and ideas in selecting the right real estate agent.

Selling in the Beverly Hills Area area? Get a FREE home value report
Purchasing in the Beverly Hills area? Get full MLS access

What makes one agent different from the other, first and foremost, the biggest thing is going to be revolving around ethics. There is a difference between a real estate agent and a realtor. A real estate agent has a license and a realtor is someone who is a member of their local and national association. 
ReAl estate professionals have an
ethic responsibility.

When you are looking for a real estate professional to be able to assist you in any home goals that you have, you need to make sure that they follow these ethics:

1. Loyalty
2. Obedience
3. Confidentiality
4. Reasonable Care
5. Accounting