Category Archives: Real Estate

Five things sellers hide at an open house

Posted on February 2, 2016 | Leave a comment

1) Termite damage

When you’re in a property that has been freshly repainted, look very carefully, warns wHeregroup buyer’s agent Todd Hunter.

“Painting is the biggest giveaway, especially when one or two rooms in the property have been repainted recently,” Mr Hunter said.

“This can conceal a repaired termite-damaged wall or water-leakage problems from a ceiling,” he said.

Be sure to get a thorough building inspection, including a termite inspection with thermal imaging, to make sure you can see beyond the new coat of colour.

Want to know what the appraiser will be inspecting and how it will effect value? Contact the appraisers at http://www.scappraisals.com

2) Structural damage

A big red flag should be raised when you are denied access to to an area of the house, Ms Parker warns.

“We’ve noticed that, clutter aside, sellers who have something to hide will block [or] lock access to manholes, sub-floor spaces and under-house areas to avoid inspectors being able to accurately report on any issues here,” she said.

These issues can be wide-ranging, from pest damage and structural damage to drainage issues and poor DIY attempts.

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San Diego home prices rise smaller than national average

Posted on January 28, 2016 | Leave a comment

San Diego County home prices reached their second-highest peak for 2015 in December, real estate data firm CoreLogic reported Tuesday.

The median home price rose 8 percent in the last 12 months to $475,000, CoreLogic said. The month-to-month increase was 1.5 percent.

The median home price for December also happened to be the second-highest since August 2007 when the median price was also $475,000. The median was $476,000 in June 2015.

Sales were also up. In December, 2,210 resale homes were sold — up 163 from the year before. There were 1,107 resale condo sales and 344 newly built homes sold.

A large spike in December sales is rare, and why it happened is open to debate.

Reverse Feng Shui to Nab a Bargain in competitive housing market

Posted on January 24, 2016 | Leave a comment

Reverse Feng Shui is actually quite zen. It’s a science of disbelief – it’s the yang to the Chinese yin. It is to hold knowledge without accepting its truth and, in actual fact, do the exact opposite. It’s about harnessing negative energy to get more home for your money.

1. Make for the curves

The bendy, winding roads that are so popular in modern suburban developments are said to bring bad health. The same is true for T intersections and cul de sacs. In general, if headlights are flashing in the front room, you can feel that negative energy coming through in the form of downward price pressure.

2. Street lights shine on a bargain

Homes just above street lights might make those final steps to the front door safer, but to Feng Shui masters that’s a no-no, even if your windows are not made of paper. A quick look at Google Street View can reveal these “bargain beacons”.

3. Follow the pointers

Anything pointing at your home, from building corners to TV antennas are said to bring a pointy stabby vibe to your house. So although they also provide a slight risk to running children and drunk homecomers, embrace the apex and let these objects point you to your new bargain home.

4. Good things come in fours

The number eight is very auspicious, associated with good fortune, so steer clear of the eighth floor, and head to the fourth floor, where the number four sounds like “death” and is very bad luck. If the views are no good from the fourth floor, the 14th or 24th will work just as well. Same applies for four as a street number.

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