Musings Of a Real Estate Agent

What They Don’t Want You To Know.

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Entries from March 2008

Condo Living - The Perfect Choice For Travelers

March 18th, 2008 · No Comments

Living in a condominium offers many advantages to the traveler that an ordinary house doesn’t. While we could go down in great details, I will examine two of the most pressing reasons why a condo is better than a house for travelers.
Reason One - Cost. Unless one has bought a very, very expensive condo, a […]

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Tags: Condo Living

Condo Living - Think Before You Shop, Think Before You Buy

March 13th, 2008 · No Comments

When buying, or looking to buy a condominium, the same rule applies as with all other real estate transactions: there is no rush. Take the time to think before you act.
You dream of moving into a condo because it will simplify your life. You might be right but it does not mean that you should […]

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Tags: Condo Living · Home Buying

Condo Living - The Seven Deadly Sins

March 12th, 2008 · No Comments

1) Don’t compare before buying. Fall in love with the place, and don’t check on your future neighbors. Don’t familiarize yourself with the neighborhood and just feel as if you and your family have been parachuted in this unit.
2) Don’t bother to read the minutes of the annual meeting of the homeowner’s association that the […]

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Tags: Condo Living · Home Buying

Condo Living - Your Homeowner’s Association’s Annual Meeting

March 12th, 2008 · No Comments

Of all the activities while residing in a condominium, the most important for a unit owner is to attend the annual meeting of the homeowner’s association.
Usually, great care is given by the elected administrators and the professional management firm in preparation of the annual meeting.
A notice is sent weeks prior to the annual meeting, and […]

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Tags: Condo Living · Homeowner's Association

Owning A House Can Be Sweet, But It is Not a Bag Of Jelly Beans!

March 4th, 2008 · No Comments

It is amazing to see how cavalier some people are with decisional processes which can affect their lives and the one’s of their family for decades to come.
It does not take a genius to see how easy it is, in the short term, to become an owner if certain criteria are met—acceptable credit, steady job […]

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Tags: Home Buying

The Chicken And Home Equity Borrowing

March 4th, 2008 · No Comments

There is great similarity between capitalism and nature. In both instances it is to try to make the most with the least.
In nature a laying chicken’s job is to gestate an egg and deliver it into the nest. With proper care and nutrition the chicken will fabricate the egg and create the shell that will […]

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Tags: Home Equity Borrowing

Buying Too Much House: Is It Worth It?

March 3rd, 2008 · No Comments

Since we have the privilege of living in a free country and not burdened by the thought of being subjected to totalitarian authorities, we are faced with the direct consequences of our decisions.
For real estate, it means that we can purchase from a great variety of offerings that the market offers. Be it townhouses, condominiums, […]

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Tags: Home Buying

How Much Trust Do You Place In A Real Estate Agent?

March 3rd, 2008 · No Comments

You are actively looking to buy a property. You have identified an area that will be suitable for you and your family for many years to come. You have the financial situation well in hand. Your budget for purchasing the property and a certain amount of renovating is there.
You need a good agent, who will […]

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Tags: Home Buying · Real Estate Agents

Mommy, Mommy, The Bailiff’s At The Door

March 3rd, 2008 · No Comments

What dreadful words for anybody to hear, but it is the sad reality in many communities across America at this very moment.
The sub-prime fiasco has generated a torrent of negative impulses in the real estate market, and one has to be most attentive to what is happening in our country in order to survive the […]

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Tags: Bankruptcy · Home Equity Borrowing

Condo Living - Great, But Not Risk Free

March 3rd, 2008 · No Comments

The last 50 years have brought forth a true revolution in the way people see their dwelling.
While most big cities have been offering the possibility of living, sometimes in grand luxury in apartments called COOP the bread and butter offering in residential real estate was the basic single-family house.
But a few decades past and due […]

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Tags: Condo Living