I've had a few appraisals come in low the past couple weeks, and both times the buyers chose to back out of the deal. While this certainly happens from time to time, and is part of the real estate process, there are some things to keep in mind when talking about appraisals. As the video points out, appraisals are not fact. Rather, they are the opinion of one individual appraiser. While you would expect most appraisers to agree and come to the same value on a property, they don't. This is because some … [Read more...]
Big Bear Real Estate Basics
August 29, 2011 by Leave a Comment
Big Bear real estate is experiencing a buyers market, but unfortunately (or fortunately) it won’t last forever. Very few people saw the market correction coming and when the sellers market returns many people will be unprepared. It’s time to build your vocabulary and communicate your desire to invest in Big Bear real estate to the professionals at Tyler Wood Group. Here are a few of the more popular terms and their meanings. Amortization The loan payment consists of a portion which will be applied to pay the … [Read more...]
Winterize Your Big Bear Home
August 18, 2011 by 1 Comment
It’s unbelievable! It’s mid-summer, the trees are still green, and yet there’s a chill in the air. September looms on the horizon. For Big Bear locals, it’s time to think of the upcoming winter season. Winters in the San Bernardino Mountains can vary greatly. Recently, we’ve had both mild southern California style winters and winters where we’ve received six feet of snow at once. Although rare, we’ve had low temperatures down to -10 degrees, freezing water pipes in older homes. If your real estate investment is a … [Read more...]
Five Reasons To Purchase Big Bear Real Estate
August 17, 2011 by Leave a Comment
With all the doom and gloom in today’s economic news, there’s a bright spot for home buyers in Big Bear, CA. Here are five primary reasons to contact Tyler Wood Group and start shopping for the home of your dreams. 1. There are more homes to choose from. From affordable starter homes in Big Bear City to lakefront homes on Boulder Bay and horse ranches in Erwin Lake, the variety of available properties for sale is tremendous. We can honestly say that there’s a home available in every location, property type, and … [Read more...]
You know You’re a Big Bear Local If…
August 10, 2011 by Leave a Comment
I belong to a Facebook group called “You Know You’re From (My Home Town) If…” where everyone shares tidbits of local nostalgia and information that only a local would know. Here’s my Big Bear version of the article. You Know You’re a Big Bear Local If… 1. There’s a bear paw sticker (the right kind) on the back of your car. 2. The car you own is four-wheel-drive (probably a Subaru). 3. By the end of Summer you start dreaming about skiing & snowboarding. 4. You know all the back streets so to avoid weekend … [Read more...]
Big Bear Homeowner Benefits
July 30, 2011 by Leave a Comment
Opportunity is knocking for those considering a Big Bear real estate purchase. Historically low interest rates, lower real estate prices, and first time buyer incentives have combined to create some of the best real estate opportunities Big Bear has ever seen. Today’s opportunities aside, here are some undeniable reasons why owning a home in Big Bear is one of the best decisions you will ever make. 1. Lifestyle There aren’t many communities that have as much to offer as Big Bear. Winter sports, including skiing, … [Read more...]
7 Things That May Blow Up Your Big Bear Real Estate Deal
July 20, 2011 by Leave a Comment
Few things are more frustrating in life than a real estate deal gone bad. Here are some of the most important things I've learned that Big Bear real estate buyers and sellers can focus on in order to ensure a successful real estate transaction. Communication - Or maybe I should say, "the lack thereof." A real estate transaction has a lot of moving parts : buyers, sellers, buyer's agent, seller's agent, escrow co, title co, lender, appraiser, home inspector, termite inspector and … [Read more...]
The Big Bear Market – Rentals and Real Estate
July 19, 2011 by Leave a Comment
There are many factors to consider before you stick a “for rent” sign in your yard. Location and rent-ability are just as important as management and maintenance issues. Is the property better suited for vacation rental or are you looking for a full time tenant? Are you going to market and maintain the property yourself or will you need to hire a professional to help you? Here are a few key issues to think about before you get started. Location If your property is near the lake or next to the resorts it will be a … [Read more...]
Big Bear Real Estate – Finding a Place in Big Bear To Call Your Own, Part 3
July 15, 2011 by Leave a Comment
The local Big Bear real estate market holds many potential opportunities. The correction in the market has opened up several exclusive neighborhoods to the average home buyer. Here’s a closer look at two of Big Bear’s upscale areas and why they’re great investments. The neighborhoods that make up Eagle Point are some of the most popular in Big Bear. Homes in this area include small cabins and homes located close to Meadow Park for the entry level buyer, custom lakefront and lake view homes for upper-end property … [Read more...]
Searching for Big Bear Real Estate
June 28, 2011 by Leave a Comment
There are a lot of sites out there advertising real estate for sale in Big Bear : Realtor.com, Zillow, Trulia, Yahoo, CraigsList and numerous others. While the information these sites provide can be quite useful - such as valuations, buying and selling advice, school & neighborhood details, crime stats and more - most of them fall short when it comes to the accuracy of their listing data. It is not uncommon to find old, outdated listings on many of them. As this Smart Money article points out, it is all about … [Read more...]
