Entries from Dan Melson's Website tagged with 'buyers'

New Consumer Article: Low Asking Price on Unfinanceable Properties

The new consumer article for today is Low Asking Price on Unfinanceable Properties. Almost always, the reason for an asking price well below other equivalent properties is the presence of some factor that means you cannot obtain a regular real...

New Consumer Article: Automated Underwriting In Pre-Qualification or Pre-Approval Letters

The new consumer article for today is Automated Underwriting In Pre-Qualification or Pre-Approval Letters. Not to put too fine a point on it, automated underwriting is useless until all details of the transaction have been finalized. If you're selling a...

New Consumer Article: Two Things Sellers Need To Understand About Buyers

The new consumer article for today is Two Things Sellers Need To Understand About Buyers, a discussion of two things both important and basic that sellers do not seem to understand about buyers, and judging by the available evidence, most...

New Consumer Article: Asking Price Versus Sales Price

The new consumer article for today is Asking Price Versus Sales Price, a short discussion of what they are and the relationship between them. Many agents have forgotten this stuff, but it really is very basic stuff everyone should keep...

New Consumer Article: Some Offers Are More Equal Than Others

The new consumer article for today is Some Offers Are More Equal Than Others, talking about how to evaluate two different purchase offers even though they may be for the same or similar amounts of money. This is primarily important...

New Consumer Article: Short Sale Negotiators and the Interests of Potential Buyers

The new consumer article for today is Short Sale Negotiators and the Interests of Potential Buyers. An awful lot of nonsense gets tried with short sales, most of it for the benefit of lazy listing agents who shouldn't have taken...

New Consumer Article: Why Sellers Should Counter All Reasonable Offers

The new consumer article for today is Why Sellers Should Counter All Reasonable Offers. It really isn't rocket science. If your agent advises you otherwise, something is wrong....

New Consumer Article: Real Estate and "Priced for Perfection"

The new consumer article for today is Real Estate and "Priced for Perfection" talks about the house that is too beautiful to pass up - but that you should....

New Consumer Article: "I'm Working With Someone Else, But Could You Just Help Me With..."

The new consumer article for today is "I'm Working With Someone Else, But Could You Just Help Me With..." talking about requests for free work from real estate agents. I'm perfectly happy to give general information to non-clients and...

New Consumer Article: The Sperm Donor Theory of Buyer's Agents

The new consumer article for today is The Sperm Donor Theory of Buyer's Agents. The real estate industry is built around the listing of property. Okay, it's actually built around the care and feeding of real estate brokerages, but...

New Consumer Article: Segmented Real Estate Markets And Taking Advantage of Them

The new consumer article for today is Segmented Real Estate Markets And Taking Advantage of Them. I've written about how hot the current market is in San Diego. But if you break it down into market segments and micro...

New Consumer Article: I'm Competing Against Multiple Offers. How Do I Proceed?

The new consumer article for today is I'm Competing Against Multiple Offers. How Do I Proceed?. It's an article directed at consumers, not real estate professionals, so it doesn't go over some things such as alternatives to money that are...

New Consumer Article: The Measurement Unit For Desirability Is Dollars

The new consumer article for today is The Measurement Unit For Desirability Is Dollars. It really is that simple. A good agent can make a difference, but a property that has more will cost more. It isn't rocket science, but...

New Consumer Article: Buying Real Estate Isn't Simple

The new consumer article for today is Buying Real Estate Isn't Simple. You can pretend it's simple, and hope you get outrageously lucky. Or you can prepare and do the work, and come out reliably enough better to more than...

New Consumer Article: Restricted Sale Property: Very Difficult to Find A Loan

The new consumer article for today is Restricted Sale Property: Very Difficult to Find A Loan. Before you make an offer on restricted sale property, know that your financing options are going to be very limited, and being able to...

New Consumer Article: You Want an Agency That Can Pay ENOUGH Attention to YOU

The new consumer article for today is You Want an Agency That Can Pay ENOUGH Attention to YOU. It really doesn't benefit you to list with an agency that is too busy to pay proper attention to your property, nor...

State of the La Mesa and East County Real Estate Market April 2009

We were ready for a strong turn in the market, but the strength of what we've gotten in the last six weeks is amazing. It has been, if anything, worse that a few years ago. What caused it? People...

New Consumer Article: Who Has A Legitimate Interest In A Real Estate Transaction?

The new consumer article for today is Who Has A Legitimate Interest In A Real Estate Transaction?. This article goes all the way back to first principles to determine who has an interest worth getting hot and bothered over, and...

New Consumer Article: How Agents Should Respond To An Appraisal Below Purchase Price

The new consumer article for today is How Agents Should Respond To An Appraisal Below Purchase Price. The appraisal is a significant client protection, and trying to manipulate the appraisal to make the transaction happen is not in a buyer's...

New Consumer Article: The Home Valuation Code of Conduct (New Appraisal Standards)

The new consumer article for today is The Home Valuation Code of Conduct (New Appraisal Standards) that are going to be taking effect (appropriately enough) on May 1 ("May Day" or "MAYDAY"). It is going to be almost impossible for...