Real Estate Investing

Archive for the ‘Link Love’ Category

Link Dump: Latest Real Estate Headlines Are Positive

Ordinarily I’d be doing a happy feet dance with all the good news about real estate right now.  But honestly I’m just feeling battered from this last year and don’t want to get my hopes up - only to be dashed after the summer surge and things slow again.  My one big hope is that it’s not just positive housing numbers, but other news about the stock market and talking heads talking about being at the bottom and the climb up beginning.  Let’s take a look:

Home Prices Show Signs of Stabilizing in May - from MSNBC.com

Analysis: Housing Begins Long, Slow Rebound - from MSNBC.com

A staggering $4 trillion in home equity was wiped out, and millions of Americans lost their homes through foreclosure.  Now take a deep breath and exhale. The worst is over.

Stocks Kick Off August with a Rally - from CNN.com

How to Get a Fair Home Appraisal - from CNN.com (I link to this because it’s nice to see something that contains information other than “home values are falling!”)

And then this from Yahoo News about why we shouldn’t be so bullish about the economy…

“Everyone is So Bullish”: Why Peter Boockvar is Still Bearish on America.

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How Much Do You Love Fido and Fluffy?

I attended a class today about working with buyers and the instructor told us a true story about someone from our company.  This agent worked with a single female and finally narrowed the houses to four.  On the day she was to make her decision, the agent made appointments for second showings with all four homes.  When they met at the first house, the buyer was holding something - a big ol’ fluffy cat.

In all four of the houses, the cat - which I assume was on a leash - was gently placed on the floor.  In three of them, the cat turned around and walked out the door.  In the fourth house, the cat looked around, stretched, and found a place in the sun to sit.  That’s the home the buyer chose.

So how much do you love your own Fido and Fluffy?  Enough to let the dog or cat or chimp or snake or whatever pet you fancy pick your home for you?  I can certainly understand when buyers want a fenced back yard to allow the dog to run outside without a leash.  I can understand when there are specific needs for *children* … for example, the adult may want the master bedroom on opposite side of the house from other bedrooms to allow for privacy.  Or maybe they want the bedrooms all together so they can hear the baby cry.  But to allow a cat or dog to actually pick a house?

But pet owners do love their companions.  Even reluctant owners.  Curt Canada, a personal growth coach and Realtor in Washington, D.C. tells about his search to adopt Lucky after he and his wife lived through a break-in,

I wandered through three websites where we came upon a dog that looked us both in the face. I sized him up, he looked like he had a bark and reminded me of a setter . I saw the spark in my wife’s eye when she noticed that affirmative look on my face. She mentioned to me to read his story, I did, he had been left at an abandoned farm somewhere in West Virginia, and to top it off he had found a home at a kill shelter , if you know what i mean, his days were numbered! It said that he would be put down by the end of the week.

Sandy Shores of Melbourne, Florida tells about how her dog Bailey is her daughter’s guardian angel.  When Stephanie is sick, Bailey watches over her.

When I leave the room, he jumps up on the bed, right next to her and stays close. When she leaves the room, he comes to get me in my home office. He nudges me to tell me that she’s up and to go check on her.  He watches her or he wants me to be sure that I know exactly where she is at all times.

Sometimes, words aren’t needed to describe how people feel about their animals.  Kristen Johnston of Waukesha, Wisconsin knows how to treat her kitties right!  I have a feeling she’d definitely treat her clients with care!

kristin-johnston-cats.jpg

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Mysterious Hidden Rooms and Outbuildings

I’ve always dreamed of having a hidden room after reading The Diary of Anne Frank and The Underground Railroad as a child.  My imagination took me to weird places sometimes - I’d scare myself into thinking, “What if a robber broke in? Where would I hide?” and I always ended up in an enchanted attic space through an opening in the top of the linen closet (told you … weird places!)

An Indiana man recently found a *real* hidden room as he was renovating his 1890’s home in Terre Haute.

A friend of Carl Thoms was working recently on plumbing in the 1890 home’s basement when he noticed that he could see around those pipes into a hidden room covered in tiles.

He also spotted a staircase — a discovery that led Thoms to a bedroom off of the home’s kitchen, where he pried up some floorboards and accessed those stairs.

At the bottom of the stairs, Thoms found himself in a walled-off 10-foot-square room covered in tiles that at first made him think the room might have once been a tiled sauna.

Further in the article, the home owner speculates it could’ve been a bootlegging room built during prohibition.

bottle-tree.jpgA friend of mine bought a home last year and although she hasn’t found any hidden rooms, it did have some mysterious outbuildings.  One was a workshop that took me back to my grandpa’s old machine shop… I just wanted to stand in it all day and live in the past.  Another was a run-down greenhouse* about 100 feet back from another mysterious building that took us some time to figure out.  Her Daddy said it was a pump house, but  I like to think of it now as the house where the ghost of her backyard resides.

Another friend had a her home built.  What should have been a door to the upstairs unfinished bonus room was changed in the plans to a bookcase… the bookcase quietly slides open to reveal an amazing storage space (or place to escape).

I want a hidden room.

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