Lakefront properties in Big Bear are the most sought after type of property in our area. Understandably, there is something inherently desirable, albeit romantic, about have a home on the water, not too mention a vacation cabin or second home. The tough part is that there are less that 600 homes on the lake in Big Bear, and less than 5-10% of those that are typically on the market for sale. As you can imagine, this creates quit a bit of demand and thus puts lakefront properties on the top end of the pricing scale … [Read more...]
Who Pays The Buyer’s Agent In A Real Estate Transaction?
October 27, 2008 by Leave a Comment
The real estate business is very complex. There are a lot of documents to go over, countless time frames & legalities to maneuver around, and various issues & unique personalities to deal with in every real estate transaction. While I work in this business every day, it is no wonder that buyers & sellers have a lot of questions about how our business works. One of the questions that comes up often is the title of this post, "Who pays the buyer's agent commission?" Check out the video below for my … [Read more...]
Short Sales, Foreclosures, & Bank Owned / REO Properties – What’s The Difference?
October 23, 2008 by Leave a Comment
I received a question last week on Trulia.com asking about the difference between a bank owned property and a foreclosure. These terms can be confusing to those who are not in the business, and even for some of us in the business. Here's a short video explanation of the differences between bank owned properties, foreclosures, and short sales and how they are all related in the end. Feel free to add comments or ask me any questions. [viddler id=6a9e0eb6&w=437&h=368] … [Read more...]
