Geordy Rostad's Q&A

Ms. Ladd,I would have to agree with NWHome.us.  Oftentimes you can get as good, if not better of a deal on an overpriced home on the open market simply because it has been marketed wrong or no one else has made and offer on it so don't ignore the open market.If you ARE interested in foreclosures, there are several different steps of the process which offer buying opportunities for savvy buyers.  One of my favorites is at the auction house since that is the quickest way to obtain these properties and can be the lowest prices as well.  There is a group that meets at my Kirkland Windermere office every Tuesday and Thursday night and discusses these properties as well as assisting buyers in the purchase process.  There is more information at www.vestus.com

This is a somewhat common bug.  Flag your listing so it gets corrected.  I'm assuming you mean the amount and date of your refi shows up as a recent sale, right?

Not yet.  I think they may be working on it though.

On a RARE occasion, a bank has been known to leave tenants in an REO property if the agent they hire feels that it is beneficial to the property being sell able.  This is usually not the case though.Read this also:Cash for Keys

This happens from time to time since they are processing gobs of data from different counties.  Did you refi perhaps?  I've seen that happen more than once where the refi is misread as a sale.Flag your listing and they will correct the error.  The flag button is in the side bar somewhere.

Looks like they forgot some zeros.

The owner can change the type of property but commercial properties aren't supported in Zillow.  Probably because their value is largely based on income and comps require more hands on attention to sort.The tax records for this property indicate "Single Family(Res Use/Zone)".  That is probably why Zillow has it listed as such.

Sometimes it can take a couple of days to show up.  Not sure if C21 is syndicating to Zillow or not.  Windermere isn't :-(

I just did a consultation for someone for this.  The owner came up with a list of over $10,000 worth of work they were going to do to prepare the home for sale.  Someone recommended they ask my opinion on this matter so I took a look around their house and gave them a new list of items amounting to less than $1,000.They followed my recommendations and sold the home in less than a week.Here are a couple of things I told them:"It was like that when you bought it and you still bought it anyway, right?  If you didn't care enough not to buy it, chances are the next buyer won't either.""Fix anything that needs fixing but don't try to upgrade because upgrading one thing with make the other things look worse""Clean, clean, clean!  Clean what you have.  Doesn't cost much but has a huge impact."Had they spent that $10,000, I don't feel they would have gotten a dime more from the home.  In this market it's ALL about price.  Don't do anything that will force you to raise the price.I made a mistake when I sold my own home in 2006.  I replaced my roof even though it wasn't leaking.  In my opinion, it just needed a new roof because it looked a bit questionable.  I ended up reducing the price of my home considerably and the buyers who finally purchased it told me they were going to do a second story addition in the next couple years.  DOH!

A "real" size can only be determined by a professional survey.  According to the county tax records and mls listing however, the size is 42,688.80 square feet.  Almost precisely an acre.