by kramoltz@hotmail.com | Jun 4, 2019 | Home Ownership
If you buy and fix up older homes to sell or hold as a rental, you may be subject to lead disclosure and remediation requirements. Many people are familiar with the lead paint disclosures, which are required upon sale or rental where the property was built before...
by kramoltz@hotmail.com | May 31, 2019 | Home Buying, Selling Your Home
Peak times for home contracts to be signed are the spring in the Phoenix metro area. In some cities there is another up tick in the late fall, but any sales increase after the summer is minor here. Low points for closed sales typically are in January and February...
by kramoltz@hotmail.com | May 28, 2019 | Title Insurance + Escrow
When buying or selling a home, some escrow/title companies offer discounts to certain people. Those who qualify are usually first-time home buyers, senior citizens, non-profit/charitable organizations, and first responders (police officer, firefighter, emergency...
![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...
