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Connie Wildasinn's Discussions

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Connie Wildasinn wrote:

Questions of a homebuyer

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I have always found there are many good deals in all markets! It really takes a professional who understands how to read and decipher all the data that is available to everyone, so you understand the numbers. I have always found it amusing when someone says "hey let's offer 10% less!" My question is 10% less than what... if the property is at a great price, why chance loosing the home you really want... in reverse if the home is overprices, you will only know that if you know how to read the numbers... And amazingly the stats in today say that while there are more homes on the market, more days on the market, they are selling for more dollars than last quarter ended.... so please know and consider your source of information... a trusted professional is worth their weight in gold! I have lived through 3 cycles now... how easy they all forget...Connie
September 12 2007
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Questions of a homebuyer

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In response to kirkwilliamsgroup and the multiple offer question... for all buyers please beware! The real estate world is a very small one, and all listing agents and buyers agents talk.... when a buyer is out 'throwing' around offers it is very hard for the listing agent and even the seller to take the offer seriously.... reverse the situation.... if you were selling would you want to take your home off the market to a buyer who has offers on multiple homes in the neighborhood? I most certainly would not.... that would be very foolish of me.... that buyer has a very high chance of pulling out of the deal, and while typically his offer has many clauses to release his contingency of the purchase, you as the seller are 'stuck' until he either does not perform or will not release his contingencies... in the mean time you may have lost the real offer while 'playing' with the fake buyer.... Writing multiple offers is a tricky adventure be sure you have a very seasoned agent who can guide you through and not have you as a laughing stock to the real estate community... you won't even know why your offers are not being accepted, until it is too late that is! Nothing speaks louder than real experience!Connie
September 12 2007
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STICKY: Zestimate Information

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I just went on Cyberhomes what a joke! The information is at least 4 weeks out of date, and not accurate at all... I hope all non-professionals watch which sites they 'play' on .... very miss leading....
September 13 2007
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Why did house prices increase so much in last 5 years?

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to fsconsult I have to agree with Brooke and Aaron... you can not generalize the market as you do.... I work mainly with sellers, however has I have watched the market change (and I have a few decades in real estate under my belt) as we have been living with depressed low interest rates, and prolific money available, for many buyers they will not be able to purchase... unless they win the lotto... even now, most loans are no longer.... and I beg to differ, it does matter if you are staying in a property for 1 or 30 years.... your home is not 'just' an investment... to many that have made their primary home their retirement vehicle... this should not be... you should have a vast portfolio of investments for that purpose... income.... spread the risk around... just as you would not have one stock only why would you have one house and then cry when the market shifts?....
September 13 2007
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Why did house prices increase so much in last 5 years?

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I would also like to address the orginial question... <Why did house increase in the last 5 years in unprecedented proportions?>I take a little different spin... do people realize that prior to 1997, as a homeowner, you could not just take the capitol gains and go on vacation? You actually had to pay taxes! and only once in your life you could take $125,000 profit free of tax... in '97 our govermanet in all her wisdom and goddie for many of us... decieded to give us $250,000/$500,000 tax free basicly every 2 years!!!!!!!!!!!! This is why the market exploded! many of us figured out early that if you buy, and sell you can make a load of money! that at the availability of money... anyone breathing.... and you have a gold vein to extract... and we (buyers and sellers) did just thatPersonally I don't think the goverment thought so many would do so much... so fast.... and that is why it really only lasted from '99 first time real money was gained to 2004-5 depending on where you lived... In my area we have been on a down trend for almost 2 years now... market change.... and the market is always in cycles... it was was past due for a change up....hence we are now in a buyers market....so yes for many this is a great time to buy....when we are back to only 25% cash in the bank down with reserves, I believe we will be in big trouble in this country... I don't see people saving money... I see people spending moneybut that is another topic....www.WGARealEstate.com
September 13 2007
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What do I get for my $10k?

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I will add this little tid bit, as a Realtor, we are paid well for what we do, but I have also been paid very well, by clients who do not take any advice given and end up on the 'shorter' stick and disgruntled side, that I am hearing from a lot of sellers on this site... I don't think in a client / attorney position the advice would be so discarded, but perhaps that is because there are too many untrained agents that have made it harder on professional full time agents who really do know how to get a home positioned and sold...for top dollar? People will take more advise from a stock broker, spend on a % level mass amounts of load and then watch their stock drop? never once looking at the broker? yet buy a property for ?0? down, have 300% appreciation and not want to pay a commission to get the home sold? I simply don?t understand the greed factor?
September 13 2007
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Why did house prices increase so much in last 5 years?

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you house is where you live, where you go to rest up for the next day... your investments are where you take risk, you win some you loose some... Not arguing at all, just making a statement...I think everyone can have multiple properties, and it should not take up all your resources, and the right agent can help guide you to financial freedom... I have sold 42 properties here in Long Beach so far this year, turning out to be one of my best so far... Many people are still buying... but I do advocate buy smart and sell smarter... our market in an overall snapshot is crap... I hear that from many... but I try to run the opposite direction as the masses... when they were all saying buy, buy, buy I did sell, sell, sell, but did buy just not in my back yard... I will be back in a few years after the market settles down... for my investment properties.... not my home... different, very different...for me
September 13 2007
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sit not allowing photos to be uploaded
I just listed in the 6348 Via Colinita, Rancho Palos Verdes property and zillow will not allow upload of photos the link does not go active.. can you let me know what I need to do...thanks
June 01 2008
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not able to post photos
Zillow- I am the listing agent to a number of properties on your side "pwildcon" on my listing for 6348 Via Colinita, when you ask for add photo - it takes me to the page that is to allow that but will not go to the next screen to actually allow the upload? on another of my listing where I alreay have pictures in, it will let me delete, but again not to upload... can you assist... this is my 2nd time requesting help...
June 04 2008
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unable to upload of photos
program will not allow me upload photos on any of my listings, 3rd request to fix...C user code pwildcon
June 04 2008
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