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Jim Peņa REALTORŪ (BRE License Number 01875418)
Tarbell, Realtors
191 E. Alessandro Blvd. Ste 9C
Riverside,  CA  92508
951.235.3029
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Five factors to weigh before renting out your home
Q: I have a house that I don't want to sell right now, but I would like to move and am thinking of renting the house. I hear terrible stories about renters, in which they destroy the property and don't pay the rent. What have you heard? Are there any experiences that can be shared?
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Sellers: Don't overdo it on home improvements
Homeowners who are thinking about selling this year should be aware of what today's buyers are looking for in a home. It will affect what you should do to get your home ready for sale, and how you should price it.
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Six truths about no-cost mortgages
"Is shopping for a no-cost mortgage a good strategy in today's market?"
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Buying beats renting in 98 of 100 metros
Thanks to nationwide price declines and rising rents, buying a home is now cheaper than renting one in 98 of the nation's 100 major metropolitan areas, according to a rent vs. buy index from real estate search and marketing site Trulia.
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Pending real estate sales jump in January
More homes went under contract in January compared with December and a year ago, according to an index released today from the NATIONAL ASSOCIATION OF REALTORSŪ that tracks pending sales of existing U.S. homes.
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Jim Peņa
REALTORŪ
Tarbell, Realtors
191 E. Alessandro Blvd. Ste 9C
Riverside,  CA  92508
951.235.3029
Contact Me
Visit My Web Site
Equal Housing Opportunity   
  
Home seller pitfalls to avoid
Six years after the market peaked in 2006 and prices started to decline, many sellers are still in denial about the current market value of their homes. It's difficult for most sellers to accept the reality of today's home-sale market, whether they bought at or near the peak and will lose money selling today, or bought decades ago but are still stuck at 2006 prices. ...more
 
Who's responsible for defects discovered after closing?
Home buyers who buy during the dry season can be in for an unpleasant surprise when the roof leaks or the basement floods after the first rain. Who is responsible for damage caused by water intrusion and for making the necessary repairs to prevent it from happening again? ...more
 
Real estate tips to guard against losing your home
Time and time again, home-buyer wannabes state that the reason they are still fence-sitting is that they don't want to end up in the same trouble the last generation of homeowners did. ...more
 
Win the waiting game on short-sale inspection
Q: My daughter made an offer on a house, which the seller accepted, but it is a short sale and now we are waiting for the bank to accept the offer. In the meantime, the seller wants us to get the home inspection done so she is not inconvenienced. I think she will be wasting her money if the bank does not approve the offer. ...more
 
Price is not all that matters in real estate sales
Negotiation strategies differ depending on how well the home is priced and who's on the other side. If you're trying to buy a short-sale listing where the lender has to agree to accept less than the amount owed, the seller doesn't have much say in the negotiations about price unless he can contribute money to pay down the loan amount. ...more
 
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