April 12, 2010

The 91% Solution

The Quick & Simple Way to Fix Wall Street[Editor’s Note: in a post last week, “Financier, Heal Thyself? Don’t Count On It,” I promised a part 2. This is it. Heads up: if you read this blog purely for real estate content, or want a post with a little levity — skip this one.] Want...
Read More

The OTHER Reason Sellers Love Multiple Offers

Inspection Contingency Leverage The main reason home Sellers love multiple offers is because it bumps their price — if not over asking, then usually pretty close. But there’s a secondary reason Sellers love multiple offers: it can result in the Buyer pulling their punches during the Inspection phase of the deal. Inspection Issues Once the...
Read More

"Sticky" Property Insurance Rates

Home Prices Down, Insurance Premiums Up?? Property taxes aren’t the only expense pegged to real estate values that should be dropping in sympathy — so should insurance rates. In fact, given a nationwide average drop in home prices of 25%-plus from the peak, you’d expect a similar drop in home insurance premiums. Instead, speaking for...
Read More