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Trying To Time The Real Estate Market

Whether it is with selling or buying, everyone would like to time the market.  A seller always wants to sell at the peak while a buyer always wants to buy at the bottom.  Who wouldn't?  But the reality is that timing the market happens more by luck than strategy.  By the time you know it is the bottom, or top for that matter, it will have already passed. Below is a quick video I did this morning talking about clients who want to time the market in the Big Bear purchase and what I believe they should … [Read more...]

What You Must Know Prior To Buying A Bank Owned Home In Big Bear

I sat down with Israel Barden, our REO & bank owned expert with Coldwell Banker here in Big Bear Lake, for a quick video discussion on the 3 most important things buyers in this market need to understand about buying a bank owned property. [youtube]https://www.youtube.com/watch?v=BWoSVKChFPo[/youtube] There are many factors to consider when buying a bank owned property.  If you are thinking about a bank owned purchase, be sure to talk with your real estate agent and lender first.  A bank owned purchase can be … [Read more...]

List Price, Sales Price, and Market Value.

A lot of buyers today get caught up in what a property is listed for and how much they can get off of the price.  They think the more off the price they can get, the better value they are getting.  While this might be true in some cases, it can be false in others.  Buyers should be more concerned with what the value of the property is, not what it is listed for. Take a look at the video below for more details on a specific example I came across. [viddler id=8277b8d2&w=437&h=368] (Note - if you are viewing … [Read more...]

The Mortgage Meltdown- How Did it Happen? What Does It Mean Going Forward?

I wish I were bright and articulate enough to answer the questions above without any help.  Luckily, I came across this video and slide show during past week.  They provide a simple (video) and humorous (slide show) way of understanding what happened with the mortgage subprime meltdown, why it happened, and what may lay ahead in the future for the rest of us. The video is provided courtesy of Mr. Dan Green of The Mortgage Reports.  Going back to the basics with stick figures and drawings is an easy way of … [Read more...]

“Snowshoe The Bear” Comes To Big Bear Lake

For all you outdoor enthusiasts, a 5k and 10k snowshoe race will be coming the Big Bear Lake on February 9th, 2008. What a terrific way to get out and enjoy one of the many outdoor activities that Big Bear has to offer. In partnership with the San Bernardino National Forest Service and our local Big Bear Discovery Center, this should be a fun & invigorating event for all. More details can be found here along with a schedule of events and how to register. If you have any specific questions, contact Sarah … [Read more...]

What’s RSS and why should I use it?

Receive New Posts Via Email! To receive new posts straight to your inbox, enter your email below and click the submit button. What is that Funny Icon? The icon that looks like a volume button is actually a link to the page where you can subscribe to a blog’s ‘feed’ via an RSS Feed Reader or Email. It was originally designed in orange, but as you will notice, some blogs get creative. What is an RSS Feed? Click To Watch The Video Below That Explains RSS Feeds in Plain English The video is the … [Read more...]