Posts by Sitedev Admin
Pros & Cons of Real Estate Investing
Ever since I was a child, I wanted to own real estate. Why? Because it is the single best way to generate significant wealth in life. With wealth comes financial freedom and the ability to live life the way you want to live it – without the need to ask your boss for time off,…
Read More10 Warning Signs When Buying a “Fixer Upper”
Some buyers love the idea of making repairs to a home and adding “sweat equity” to increase its value. There’s no doubt that HGTV has helped fuel that vision, but if due diligence isn’t adequately performed, a property can end up being a money pit. Here’s a list of warning signs that might help you…
Read MoreChanging Insurance Threatens Homeownership
The American Dream of owning a home is becoming more difficult, especially in California. Coupled with affordability woes, rising insurance costs are already becoming a headache to homeowners and would-be buyers alike. Buyers are becoming more hesitant to move to wildfire prone areas and with good reason. The 2018 wildfire season was the most devastating…
Read MoreHow to Choose A Listing Agent
What are the most essential questions to ask a Realtor when picking someone to represent you in a sale? Here are some of our the top questions (with my answers to these very questions noted by *). Do you work as a Realtor full time? You might not want someone to represent you if it’s…
Read More2020 California Housing Forecast
*Excerpt from a press release by the California Association of REALTORS® Low mortgage interest rates will support California’s housing market in 2020 but economic uncertainty and affordability issues will mute sales growth, according to a housing and economic forecast released by the California Association of REALTORS®. C.A.R.’s “2020 California Housing Market Forecast” sees a small…
Read MoreThe Start of Rent Control
On October 8, 2019, California Governor Gavin Newsom signed into law the “Tenant Protection Act of 2019” (A.B.1482), which will place a cap on annual rent increases AND limit a landlord’s ability to evict a tenant without just cause. California is the third state in the U.S. to pass a significant expansion of renter protections…
Read MoreThe Problem with Zillow Zestimates
For many home buyers or sellers who search the Internet looking at home values, the Zestimate has become all too familiar. The question is, should that value be relied on? Zillow uses an automated valuation model (AVM) to determine the fair market value of a property, which takes into account basic characteristics like the number…
Read MoreNew Requirements to Sell in SLO!
If you plan to sell a home in San Luis Obispo, you will have another hoop to jump through starting January 1, 2020. On September 3, 2019 the SLO City Council unanimously passed an ordinance requiring a “point of sale” sewer lateral inspection. Many people don’t realize a private sewer lateral (the pipe that takes…
Read MoreTop 10 House Staging Tips
Once you have made the decision to sell your home, it is time to start preparing the property for market. To get top dollar and make your home most attractive to the widest audience, I highly recommend a few steps before getting photos. The goal is to maximize curb appeal, minimzie clutter and address maintenance…
Read MoreWire Fraud – A Growing Problem in Real Estate
While you may have heard horror stories of buyers or sellers falling victim to real estate fraud, the vast majority of people never expect it could happen to them. However, given the increase in hacking and phishing scams, there is no better time to take a few minutes to understand risks and better protect your…
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