Two years ago, I was looking at foreclosures. There were several bad headlines, and I took a moment to look a little deeper.
Two years ago, I was looking at foreclosures. There were several bad headlines, and I took a moment to look a little deeper.
There are a lot of questions that revolve around property valuation. Sellers want to know how much their homes are worth and Buyers want to know the ‘right’ price to pay. Specifically, Sellers don’t want to leave money on the table, and buyers don’t want to put too much money on the table for the Sellers to take.
There are a lot of ways to try to figure out what a house is worth, and a lot of people that can provide opinions about that… And they are just that, opinions.
Except for one… There is one indisputable market valuation metric.
The Federal Tax Credits for First Time Home Buyers and Move-Up Home Buyers expired on May 1st. I am writing my market reports for several cities in Gwinnett County, as well as the one for Gwinnett County, GA. And there are a lot of theories on how the expiration of the tax credits will affect the market.
Last year I wrote a post about the dangers of Seller Financing. The particular danger of a year ago hasn’t come to pass… but it hasn’t gone away, either.
A couple of years ago I wrote a post about my wish list for garages. This stuff isn’t rocket science, but it also seems to escape most builders… There are a few out there that hit a few of these things, but it is a rarity to see a garage in a newer home that has all of these touches.
I’ve actually written a lot of posts about making garages better, both for builders and renovators. (Keep in mind that I’m not a builder… I’m a user. I USE my garage, like many of my clients).
So, take a look and let me know what you think.