Is it Time to Fire Your Real Estate Agent?
Posted on May 09, 2011 by LuxSpaces in Real Estate 101
Mistakes happen, even big ones like hiring the wrong real estate agent. Even though precious time has been wasted, the problem can be corrected by knowing when to fire your real estate agent. You still have time to find a new one and even recover some of that lost time. The job of selling your...
6 Tips to Get the Best Selling Price for Your Home
Posted on May 05, 2011 by LuxSpaces in Real Estate 101
The housing market has not yet rebounded to pre-recession prices — when buyers seemed to be stepping over one another to bid up the price of homes. Today’s sellers may be lucky to get asking price, with the reality being a certain percentage below. However, that doesn’t mean sellers should accept bottom-of-the-barrel offers. There are...
From Serene to Sold: Using Feng Shui to Help Sell Your House
Posted on Apr 21, 2011 by LuxSpaces in Design, Ideas and Tips, Real Estate 101
Can using the ancient techniques of Feng Shui help you sell your house? Many people think so. Home buyers often choose a property because it “feels right.” This may be even more true in the luxury housing market, where buyers can afford to hold out for the perfect home. Literally translated from Chinese, Feng Shui...
Three Types of Foreclosure: Understand the Process, Find a Solutuion
Posted on Mar 18, 2011 by LuxSpaces in Real Estate 101
The foreclosure process is the action that a bank takes when a homeowner defaults on a mortgage. The process allows the bank to gain back as much money as they can from the sale of the home in order to recover the money that was originally loaned to the homeowner. Foreclosure occurs when the homeowner...
For Sale By Owner? Don’t Make These Mistakes!
Posted on Mar 08, 2011 by LuxSpaces in Real Estate 101
Selling a home may seem like a simple task, one that only entails a ‘for sale’ sign, a few flyers, and possibly posting the home on Craigslist, but there is much more involved than meets the eye. Real estate agents help countless people buy and sell homes, attend many hours of education, and develop systems,...
Bank vs Homeowner: Can a Short Sale Benefit Both?
Posted on Mar 07, 2011 by LuxSpaces in Real Estate 101
A question that is being asked frequently in the real estate market is, What is a short sale? Short sales used to be an infrequent type of real estate transaction, but with current economic conditions, more and more homeowners are opting for this type of sale. A short sale occurs when a homeowner sells their...
New Home Inspection Checklist
Posted on Mar 02, 2011 by Gillian Luce in Real Estate 101
When you are buying a house, there are lots of precautions you should take before committing to anything. Inspections are crucial prior to buying a home so you can access whether you want or are able to do the necessary repair work. Here is a useful guide to help you understand what type of inspections...
What to Expect from Your Real Estate Agent
Posted on Feb 14, 2011 by Barbara Holbrook in Real Estate 101
Last week we talked about how to interview a real estate agent and the important questions you need to ask before teaming up with a real estate professional. But, choosing an agent is only the beginning. Once you have one, the real work begins. In the time between sticking a sign in the front yard...
Short Sale or Foreclosure? Which Option is Best For You?
Posted on Feb 10, 2011 by LuxSpaces in Real Estate 101
Homeowners who reach a point where they can no longer afford to make their monthly mortgage payments will find themselves faced with a choice. Short sale or foreclosure? While not the only options, they are the most common. However, this is an important decision that will affect your financial future. It’s important to understand the...
