Real Estate News and Thoughts

The One Not Taken

There are properties out there that are the total package.

They are well maintained, in a good area that is close to shopping, schools, major freeways and businesses. Best of all, they are at a great price.

Yet for some reason or another, they don't have an offer on them. 

When a property doesn't have an offer on it, buyers will tend to think one thing: What is wrong with the property?

To some degree, I agree with this. After all, there may be something about the property (location, extent of repairs that need to be made, etc.) that has not agreed with the prospective buyers that have seen the property to date. On the other hand, I also look at these properties as a great opportunity.

These properties are a great opportunity because when the right person who is creative and can see the potential of a property, they will jump on it and write an offer.

So when you look at a property please consider not just its current state, but also what you could make it look like in the future. Otherwise, a great opportunity could pass you by.

WHY USE AN “ATTORNEY DRIVEN” BROKERAGE COMPANY

The purchase and/or sale of a home is generally the most significant financial transaction most of us will ever be involved in.  As you may already know, the amount of paperwork is very extensive and involves many legally complicated forms that you will need to understand.  Unless you have legal help, your dream house can quickly become a nightmare.

An “attorney driven” brokerage company simply means that the company is owned and operated by a California licensed attorney who is also a licensed real estate broker.  The most obvious benefit to using an attorney driven brokerage company is your peace of mind in knowing that your transaction is being reviewed by a real estate attorney who is available to answer your questions and who will assist and guide you through the legal quagmire of negotiating the transaction and the contracts and associated disclosures involved in your real estate transaction.  Also, unlike a traditional real estate brokerage firm, at Oakwood we will never engage in “dual” representation (i.e., representing both the buyer and seller of a home), which insures that all of our attention and loyalty is to only you.  Best of all, we do this at no extra charge to you.  Our compensation, including our attorney/broker’s time is paid from the same commission paid by the seller.

If you want to learn more, please call us.

Posted at 10:09AM Jul 19, 2011 by Lara Boyko in General  |  Comments[0]