14 Sep 2023 9/14/23 – Payment Per $1,000 I think we can all agree that interest rates will start to drop at some point next year. We have yet to determine when that will be, but I have moved my guess from the spring to the fall. With higher interest rates 7% ish, higher insurance rates, and higher prices, we have to give […] Share on Facebook Share on Twitter
12 Sep 2023 9/12/23 – Commercial and Cap Rates I have been speaking with many agents lately who are expanding their market and taking listings of units or small commercial properties. Then they are asking me how to price it! LOL! I have been asked three times this month, so I wanted to share information about the commercial markets and what a CAP Rate […] Share on Facebook Share on Twitter
7 Sep 2023 9/7/23 – Appraising houses with Solar Panels... Solar Panels are becoming increasingly popular on properties, but please understand that they only ADD VALUE on an appraisal if there are similar comparable sales with solar. If you have Solar panels, leased solar is not a comparable sale. If you have an ADU that costs you $100,000.00 and has no similar sales, then the […] Share on Facebook Share on Twitter
1 Sep 2023 9-1-23 – Buy all cash or with Bridge Financi... It has been a crazy week so far, and it has nothing to do with opening a bunch of escrows. Meeting, planning, and putting new products on the shelf is my job, and today, we have a pretty big announcement. We have heard about these companies purchasing properties in cash and then selling them to […] Share on Facebook Share on Twitter
24 Aug 2023 8/24/23 – Mamba Day – What Mamba Would... August 24, 2023. MAMBA DAY! I love this day because Kobe meant so much to me as a Lakers fan and a hard worker. I watched the Redeem Team Documentary about the 2008 Olympic Basketball team with my Dad on Sunday. As you get to the film’s second half, the US Olympic team brings in […] Share on Facebook Share on Twitter