![Don’t Make These Seller Mistakes.]()
by kramoltz@hotmail.com | May 17, 2019 | Selling Your Home
Being Unrealistic about Value.Sellers overprice their homes 8% on average, This is due to the “endowment effect” – placing a value on things you own that is too high for the marketplace. See my blog Don’t be a Victim of the Endowment Effect,...
by kramoltz@hotmail.com | May 14, 2019 | Real Estate Facts & Figures
Capitalization. When evaluating the worth of an income property based on the value of the income produced, a capitalization rate is applied to the net income. A “Cap” rate is determined by a study of various economic factors, including the returns on other...
by kramoltz@hotmail.com | May 7, 2019 | Home Buying, Mortgages + Lending
There is free money available for certain Arizona home buyers! Millions of dollars are allocated to down-payment assistance to qualifying homebuyers who intend to occupy the home. The AzHFA Home Plus program provides a down payment assistance grant equal to a...
by kramoltz@hotmail.com | May 1, 2019 | Animal Stories (mostly Dogs in the Military)
Antis is the only dog who officially was allowed to fly with his master in World War II. He was found as a just weaned German Shepherd puppy in no-mans land in France in 1940, after his future master crashed landed near the locked home he had been abandoned in. From...
by kramoltz@hotmail.com | Apr 23, 2019 | Home Buying
An unfavorable property characteristic that can’t be fixed, such as a location on a busy street, is known as an incurable defect. This requires the value to be adjusted downward from that of a comparable home to reflect the “defect”. What does this mean to a buyer?...
