This may be huge in the long run, bringing more buyers to the table as they are now qualified for better loans. In Oceanside, Vista area entry level is about $500,000 so this will greatly affect the market.
But is there money available. This will be the question on everybodys mind as one after another bank goes belly up. Lenders are also getting stricter
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Well it was probably 40 years ago and I was in my cups so to speak (drunk as an alcoholic) I was very paranoid at that stage. My father is a builder and my whole family has realty blood in their genes.
It was 9 am and my sister had gone to the models to work. I poured my wine in a coffee cup so it would look like coffee and started nursing a hangover.
I walked down to the model to visit my sister and she said watch the model , here are the brochures, I will be right back and she was gone. So I nursed my disguised coffee/wine and in came a car load of people. 2 couples. being paranoid and thinking they would know it was wine I stepped into the closet to hide. One of the first things they checked was the size of the closet. So when they opened the door I popped out and kept walking all the way home. My sister really questioned me later because we look alike when she came back they thought it was her.
I was showing a beautiful Ocean view Studio to a Cardiologist and his wife when suddenly the door handle fell apart in my hands. Trying to be funny and save the day I said, “and where is a surgeon when you really need one?”
With that, he lept into action and pulled some kind of swiss army surgical bonanza out of his pocket and kneeled down so he could look the door and started performing surgery. I swear on my great Aunt Harry’s grave. He fixed it, right then and there. and then bought the darn place. I sold 6 condos in that summer sight unseen without 1 of them falling out of escrow. What was the trick? Well I had a really cheap bad ebay special digital camera when they first came out. It showed the ocean view about 20 miles farther away than it really was and terribly out of focus. When people came to actually see the place they were so surprised that the waves were so much closer and everything looked so much nicer. Now if I have a pee a boo view I don’t even mention it. I let them discover it. I have learned to downplay the good features rather than point them out.
This whole story is true except I never had an Aunt Harry. Wish I did though
An equally ridiculous story happened to my friend Arn who is with Coldwell Banker in Menlo Park in Northern California…except that my story happens to be true.
One of the many many disclosures in a real estate transaction is the errant golf ball disclosure. In researching how this particular disclosure came to be I cam across an interesting story.
It seems one man put a putting green in his backyard next to the golf course so he could use it for practice every morning. One morning he woke up and not knowing his little Schipperke dog had got out and retrieved a ball from the golf course, slipped on it and landed face down with his Jimmy Duante type nose in his putting hole. He was stuck. The paramedics who came to get him out discovered he had broken his leg. They put him on a stretcher and got to laughing so hard they dropped him and and he broke his arm and his nose. By the time he got to the hospital he was ready to sue the golf course but a quick call to his lawyer told him that it wasn’t and errant golf ball but an errant dog who had a nose for getting into trouble. Some days go like that but it is still better to disclose if you question whether you should. Come to think of it , why doesn’t a Schipperke dog come with a disclosure label attached.
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