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 […]

Buying A Flipped Home? Mortgage Stipulations To Be Aware Of

House hunting? If your appetite for a turnkey renovated home is a flipped house, you may end up jumping through more hoops to close escrow. What Is A Flipped Home? A flipped property is a situation where the house is acquired usually by a real estate investment company (also could be an individual) and is re-offered […]

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The Sebastopol Broker’s meeting and tour, 4/2/2014

There were 83 present on a lovely spring day. 6 new escrows were opened, 15 were closed, 20 upcoming listings announced, one price reduction and one home came on the market. There were 6 buyer’s needs mentioned. Of the closed deals roughly 1 in 4 was all cash. Several of the upcoming listings were interesting, […]