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BEWARE!
13 Extra Buyer Costs You Need to Know About
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This FREE
no obligation report let's you know about 13 extra buyer
expenses you need to know about before you start your home
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This FREE
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ways to avoid 9 buyer traps that most buyers fail to navigate
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"6 Things You Must Know Before You Buy"
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This report clearly
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What is a "Buyer's Market"?

Most
real estate practitioners
consider a typical market to be
one in which homes take an
average of six months to sell.
Realtors keep track of this
number by keeping up with the
days on the market (DOM) of
every home listed and sold.
If the number rises above
six months inventory on hand,
then the market is swinging into
a buyer's market. If it falls
below, it is becoming a seller's
market.
A buyer's market is one in
which there are too many homes
on the market for the number of
buyers. Homes take longer to
sell and prices fall.
Sometimes buyers believe
that winter time is a buyers'
market. Homes offered for sale
during slower times of the year
are generally aggressively
marketed, and may not sell for a
significantly lower price than
they would if they were marketed
in a busier period.
In the spring, a seasonal
adjustment

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Our housing
market continues to show signs
of weakening, but we continue to
have almost double-digit
increases for single family
housing. The first quarter was
up over 9% from 1qtr 2005 and
after lags arereported we should
have another increase for April.
CONTINUED >>> |
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Sellers and Proper
Pet Behavior

Yes,
home sellers love their pets. But many
buyers can be afraid of dogs big and
small, allergic to cats and turned off
by lingering pet odors. It's sometimes
difficult explaining to a home seller
the importance of taming their pets when
marketing a home. Here are some tips to
help sellers keep focused on their goal
- - selling their home.
What You Should Do:
Have
carpets and area rugs cleaned before
showing your home to potential buyers.
Those allergic to animal dander and
hair, even if they can't see your pet,
will know when their eyes and nose start
to alert them to an allergic reaction.
Many will not purchase a home that poses
strong allergy problems.
Clean
litter boxes daily and replace litter
before it's time to show the house.
Urine smells permeating from litter
boxes are a turn-off to home buyers.
Vaccum
pet hair off carpets, rugs and furniture
before every showing. No one likes to
leave a home tour covered with

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Survey Shows How Sellers Spend Their
Money

May was National Remodeling
Month, so it seems appropriate and
timely that we check into this year's
home improvement trends.
For that, we turn to a study
funded by the National Hardware Show and
conducted in March by the Home
Improvement Research Institute of Tampa,
Fla.
The study, which involved 1,200
new and existing homebuyers, and was
released last month at the Hardware Show
in Las Vegas, found that almost 50
percent of those selling houses work on
projects to get them ready for sale.
This jibes with findings of a
study conducted by the institute two
years ago, according to its managing
director, Fred Miller.
The vast majority of work -- 61
percent of it -- is being done before
the property goes on the market, and an
increasing amount of it in the 30 days
before it is listed.
Still, 12 percent of the work is
being done after an offer has been made,
twice that of the 2004 survey and
probably reflecting the slowing market
and the accommodations real estate
agents suggest sellers should make to
buyers.
Almost 25 percent of this work
involves replacing flooring, although
Miller

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Simple
Ways Your Home
Can Make You Money

Is
your house an asset or a liability? Does it put
money in your pocket or does it take money out?
If you're like most homeowners, you might view
your home as your biggest asset. Yet, it doesn't
create cash. It takes cash. As time goes on, the
value (hopefully) increases and you pay down the
mortgage loan, so that your equity increases.
That's how your house acts as an asset.
There's more that your home can do for
you. In fact, there are three great ways to have
your home start paying you, instead of the other
way around. We call these "home loopholes;" the
tax loopholes that the government wants you to
use. A tax loophole is actually a government
incentive to promote public policy. Follow the
rules, and you'll put more money in your pocket
and still be able to sleep at night.




Daily News and Advice

Read about the events
shaping the Real Estate market today,
find current interest rates, or browse
the extensive library of advice and
how-to articles written by some of the
top experts in Real Estate. Updated each
weekday.

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Your Home
Didn't Sell. Do You Know Why?
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didn't sell or your listing expired. It likely wasn't your home.
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selling your home quickly and for top dollar.
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11 High Cost Inspection Traps You
Should Know Weeks Before Listing Your Home For Sale
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To
help home sellers deal with this issue before their home is
listed, a free report entitled "11 Things You Need to Know to
Pass Your Home Inspection" has been compiled which explains the
issues involved. |
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