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Debt Collection Rules

  Since I  have begun working more and more on short sale listings I have heard some shady practices by debt collectors.  Here are some rules that debt collectors have to live by: They may not call before 8 a.m. or after 9 p.m. They may not repeatedly use the phone to annoy you.  (This […]

Bathroom Vents

Mold issues in the bathroom are big and is mainly caused by people not running the exhaust fan long enough.  One reason for this is that people want to keep the bathroom warm.  I recently lucked into a towel falling on the floor which covered the space between the door and the floor.  It was significantly […]

Real Estate News

Retail real estate may be the next to feel the economic pain.  Wickes filed for bankruptcy while their Grand Opening banner was still up in Tanasbourne.  Though it seems like the writing was on the wall, many were caught off guard and this chart shows that we have a considerable amount of shopping per capita. […]

The End of Prosperity

I read most of this book yesterday.  It’s catchy title worked and I picked it up from the library.  It’s subtitle was the reason I finally cracked open the book, “If we let it happen.” The country is in the midst of huge economic problems. New York City is facing huge debts and has proposed […]

Should I Wait For Spring To Sell My House?

No. You shouldn’t wait.  The house from the picture had two offers yesterday.  On one of the worst days of this stom in Portland offers still came in.  If you are waiting for Spring it is because you don’t think houses sell now.  Talking to a friend who is using another Realtor, it happens, he […]

Freezing Temps and Your House

This is a view from my listing on Canyon Ln when I checked on it Monday.  Everything checked out fine but I overheard something last night that I hadn’t thought of at the time.  You may not know you have a broken pipe until the pipe thaws.  So as today warms up a little bit […]

Map Based Foreclosure Search Of The MLS And Other Goodies

After opening up the search page you can toggle to search for short sales and foreclosure homes.  It uses keywords and an algorithm to pick them out of the RMLS. Another fun search that should yield a list of motivated sellers is this one. You can search by days listed and, this one surprises me, […]

Will Home Prices Bottom Out In September 2009?

As anyone who has visited here with any kind of regularity will know, I am not a fan of prognostications.  Someone high up in the banking industry told me that by th eend of the year rates should be right around 7%.  They are not.  He says that rates should actually be lower now as […]

Thoughts On Real Estate Right Now

  I have been slow to post and the posts that I have done are posts on The Blazers and other non real estate things.  There has been almost no good news.  Where I can easily post about the importance of demossing your roof or talk about not plugging all of the foundation vents because […]

Short Sale Frustration

A homeowner came to me 5 weeks before the foreclosure date of the home.  Not much time but possible.  I started, at what I thought was a low price, but no offers.  I kept dropping the price and we were lucky to get a lowball offer.  In short sales, any offer is desired as it […]

Pricing Your Home

I did an Comparative Market Analysis for a possible client today in NW Portland.  The average sales price I am finding consistently recently is about $165 per square foot.  I have never really followed that number in the past but with such a high a inventory it is becoming a consistent barometer.   What I […]

The Easiest Transactions

The smoothest transactions are the one where each side is doing their best to be fair. Though some would argue that each side is trying to be fair to their own needs.  I have had a few deals where everyone was just trying to be reasonable and it was so smooth and it was divine. […]

Anyone Can Have A Bad Day

Even Michael Jordan can get beat unexpectedly.  Michael Jordan has a expensive “Flight School” Camp where people can learn from him and play him one-on-one.  One opponent surprised him back in 2003. More info here. As nice as it is to see a regular Joe, in a basketball sense, get a win, Jordan says something […]

Short Sale Perspective

I was talking to a friend recently about their home.  It will be foreclosed on in a matter of days.  I asked what their agent had down with the price and if they given all of the necessary documents to the agent. “What documents?” The agent they used had a longer established relationship and I […]

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