1883 Jonive

I was out toward Occidental  and dropped by to take a look. It is priced to get a bidding war. Very good floor plan, great light, good condition throughout and a superior garden. I’d swap out some of the carpet and refinish some floors, that’s it. $850K seems likely and I wouldn’t be surprised to […]

The Sebastopol Broker’s meeting and tour April 16, 2014

Attendance was 83. 11 new escrows opened, 12 closed, 20 upcoming listings announced ( And two mentioned to me on a confidential basis), 2 price reductions and 22 “Wants”. 2 homes were on tour and 3 “Optional” as well. Quite a few multiple offers (6 in 2 cases) and more than one went for more […]

Deals that “Go Sideways”

Most Real Estate deals “Go sideways” at least once. You are in escrow and one of the inspections comes in a lot worse than expected, or a lot line issue comes up, an easement no one thought to mention before surfaces or the appraisal comes in low. If the pest report comes in much higher […]

Flipping a home, and doing it the right way.

Buying on the courthouse steps is for the professionals, unless you are a general contractor or the equivalent and are able to estimate the cost of repairs very accurately, leave it to the pro’s. Or get an expensive education. Buying an REO at one of the online auctions is also high risk. The bank has […]

The Sebastopol Broker’s meeting and tour, April 9, 2014

It was standing room only with close to 100 in attendance. 12 new escrows were opened, 13 were closed, 12 upcoming listings were announce and 2 places came back on the market. 17 “Buyer’s needs were mentioned”. Several of the homes that just went into escrow had multiple offer (4,5,6) and they were priced between […]