Would you let a car mechanic perform heart surgery on you?

Would you let a car mechanic perform heart surgery on you?  No?  Every day many consumers unwittingly put themselves in a similar position when they become involved in a real estate transaction. Below is an excerpt from an email I received, apparently exhorting me to abandon the Associations of REALTORS® that are largely responsible for upholding standards of professionalism within the real estate community. No NAR, CAR, local AOR and Realtor dues. Stay in business. It’s that time of year again! You have to pay…

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Why Might Short Sales Stabilize the Real Estate Market?

I hear from lots of prospective buyers that want to get a list of Tehachapi foreclosed properties so they can look for the “best deal.”  The truth is a foreclosed property may not be the best deal whether you are the occupant of the foreclosed home, or the prospective purchaser. As the occupant, if you are just waiting for the foreclosure to go through, you’re not really doing yourself, or your neighbors, any service at all.  I understand that the entire situation is distressing and…

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Real Estate News Roundup for October 27, 2010

September Sales and Price Report According to the CALIFORNIA ASSOCIATION OF  REALTORS® (C.A.R), September marks the second consecutive month of sales gains.  This news is tempered by the fact that the median price of homes has dropped since August. The seasonally adjusted home resale activity was up 3.8% in September as compared to August 2010.  However, this marks a 12.2% decrease from September 2009. The median home price fell 2.7% in September from August’s $318,660 median price.  September’s median price of $309,900 marks a 4.5%…

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3 Reasons to Buy a Home in Tehachapi

Have you been thinking about buying a home in the Tehachapi area?  You’re in good company.  There are lots of compelling reasons to own your own home, but what makes now a good time to buy?  See if you agree with these three reasons to buy a Tehachapi area home: Stocks are up 50% from the March 2009 bottom.  Some commodities have risen dramatically.  So, what’s that leave as a good investment?  Real Estate as an asset class is still way down in the cellar…

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