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Keisha Hosea
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KHosea@KASIHomes.com

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Is It Better To Be the Little Fish In The Big Pond When Buying My Diamond Bar CA Home?

By kasihomes Leave a Comment

Is It Better To Be the Little Fish In The Big Pond When Buying My Diamond Bar CA Home?

First time buyers in Diamond Bar CA often have more desire than they do money. This is not a bad thing, it is just simply a matter of fact. We’ve all got to start somewhere. Sometimes the biggest challenge is deciding whether to buy the large home that will be generally quite impressive to your friends or to buy the smaller home in the impressive neighborhood.

Many times I have buyers who choose the first option. They purchase the impressive big home because heck–It’s amazing! While there is always more than one factor when it comes to making the final decision on where to buy and which home to buy, it is always important to keep resale in mind. Perhaps we will start seeing people remain in their homes longer but in the past, people have moved homes roughly every five to seven years. This is one of the reasons that thinking about resale could be important.

There’s always something quite nice about an impressive home with numerous bedrooms and bathrooms but there can be equally charming and noteworthy items in regards to being the little fish in the big pond. For example, if we take two homes in the exact same neighborhood and we build just a handful of small homes in the neighborhood, the small homes will benefit from the larger homes. Why? This is based upon the Principle of Progression. The Principle of Progression states that the value of a lesser residence is increased in value by its location in a neighborhood of better homes. The flip side is that a large home in a neighborhood of much smaller homes is adversely affected by the value of the other properties. This is the Principle of Regression. Therefore, buying the only Taj Mahal in the neighborhood is probably not a good choice.

The moral is when you are the little fish hanging around the big fish you generally can’t go wrong. You’ll maintain better values for your home and get the added benefit of a wonderful neighborhood. So when it’s time to ask, “What’s My Diamond Bar CA Home Worth?” you may be pleasantly surprised at the value it holds.

Filed Under: Buyer Tips, Diamond Bar CA Tagged With: Diamond Bar CA Home Buying, diamond bar ca real estate, Diamond Bar Real Estate, Diamond Bar Realtor, first time home buyer diamond bar ca

Your “Saavy Negotiating” May Cost You Your Dream Home

By kasihomes Leave a Comment

Your “Saavy Negotiating” May Cost You Your Dream Home

Most buyers have an idea of what their dream home might look like and the price range that they would be comfortable in more or less. This is a wonderful start to the home buying process. With a pre-approval letter in hand, you set out to find your Realtor to find just the right home. Once you find the home that you wish to put an offer in on, it becomes imperative that you remember that if you have hired a competent Realtor that you trust, then listen to their advice. Unless you are a full time investor, it is most likely that your Realtor has negotiated far more contracts on homes than you have.

Realizing that as a buyer you have certain ideas on what price and terms you would like to ask for, it is in your best interest to heed the advice of your Realtor when it boils down to the “nitty-gritty” of the negotiations. If you find yourself in the midst of Counter Offers where your offer was not accepted at face value and they have proposed a different set of terms, conditions, etc. remember that you must decide what your must haves are versus the non-consequential issues. Sometimes buyers get caught up in “the gotta win” syndrome and lose sight of the bigger picture. When this happens, the buyers “saavy negotiating” may cost you your dream home. Why? Because believe it or not, buyers and sellers alike often lose their objectivity and begin negotiating off of emotion instead of sound, prudent facts.

For example, I recently dealt with buyers who after a year of searching for their perfect dream home locate a home in pristine condition that was well within their price range. After days worth of mulling over whether to submit an offer and then numerous days of offers and counter offers the seller agreed to almost everything that the buyer wanted. There was still some negotiation on the purchase price. In the end the buyer actually wanted to negotiate a lower price on the house over a difference of a $20.00 a month payment. No matter how much counsel this buyer received from the lender or myself, they became stuck like glue to this $20.00 a month. Seriously! Well you can guess what happened to that dream house, can’t you?

This “saavy negotiator” shot his own self in the foot. Do yourself a favor, hire a competent Realtor and then LISTEN! Don’t get in your own way of success.

Disclaimer- All information contained herein is deemed reliable but not guaranteed. You are advised to consult a reputable attorney for all legal advice or a reputable tax advisor.

Filed Under: Buyer Tips Tagged With: Advice to sell my Chino Hills Home, Advice to sell my Fontana home, buyer representation, buyers agents, buyers expectations, Chino Hills Foreclosure solutions, chino hills home buyers, chino hills home seller, Chino Hills Homes For Sale, Chino HIlls Realtor, Chino Hills Short Sales, diamond bar home seller, Diamond Bar Realtor, Fontana Foreclosure solutions, fontana home buyers, fontana home seller, Fontana homes for sale, Fontana Realtor, Fontana Short Sales, How To Sell My Fontana Home, negotiating a home purchase, Rialto Realtor, Sell My Chino Hills Home, Sell My Diamond Bar Home, Sell My Fontana Home, Sell My Inland Empire Home, Sell My Rialto Home, Sell My Walnut Home, successful short sales

Don’t Shoot The Messenger, Just Accept Reality

By kasihomes Leave a Comment

Mr. Home Seller, let’s have a heart to heart. It’s interesting because just two days ago, I wrote a blog entitled, Home Over Pricing Will Cost You Greatly! As I was out today canvassing a neighborhood regarding a new listing, a gentleman stopped me. He asked me if I had placed the postcard he was holding on his door. I told him yes. He then asked me what homes around the area were selling for. At this point I told him it depends on the home and offered to do a full market analysis on is home for free. He stated that he did not want it. He then said but what are they worth? I asked him the square footage approximately of his home and then after explaining that a value is based on many variables, I gave him the ball park range.

At this point, much to my surprise, he yelled at me, “Get Out of Here!” You don’t know my neighborhood! You come mad manover here trying to tell me that price, you just get out of here! Now, I was totally astonished.

While I understand that we are all a little dismayed by current property values (or lack thereof), my response to him was, “I do not make the market, I just have to tell you what it is.” Here lies the problem with the housing market (well, okay one of the problems). The pervasive denial on what a home is really valued at. For goodness sake, I do realize that when a personal home is purchased it harbors with it a multitude of emotions. Memories are also created and home owners are reluctant to let go. That’s fine, that’s the emotional side of homeownership. Trust me, I am a sap for it too.

Now bear with me as we delve into the practical business side. You know, the side that’s all about dollars, cents, and assets. This is the critical point where we place those pretty little emotions in a box, put a lid on it and look at hardcore numbers. Trust me, when I tell a homeowner that they are sitting on a depreciating asset, I don’t get a kick out of it. My role is to educate a homeowner on the true value of their asset. I realize that this does not always make people happy. My role is not to make you happy, it is to tell you the truth and truthfully advise you on your options based on your stated goals.

So the next time the emotional value of your home does not coincide with the true market value of your home, don’t shoot the messenger. Be glad that they were honest enough to educate you on the true market value so that you can make the decisions that would be in your best interest. Whether the best decision if for you to attempt a loan modification, short sale or even have to let it lapse into foreclosure, you can not take control of your own destiny if you refuse to look truth square in the eye. Don’t Shoot The Messenger, Just Accept Reality And Make Some Wise Decisons.

Disclaimer-All information contained herein is deemed reliable but not guaranteed. You are advised to consult a reputable attorney for all legal advice or a reputable tax advisor.

Filed Under: Seller Tips Tagged With: Advice to sell my Chino Hills Home, Advice to sell my Fontana home, Chino Hills Foreclosure solutions, chino hills home seller, Chino Hills Homes For Sale, Chino HIlls Realtor, Chino Hills Short Sales, diamond bar home seller, Diamond Bar Realtor, Fontana Foreclosure solutions, fontana home seller, Fontana homes for sale, Fontana Realtor, Fontana Short Sales, How To Sell My Fontana Home, Rialto Realtor, Sell My Chino Hills Home, Sell My Diamond Bar Home, Sell My Fontana Home, Sell My Inland Empire Home, Sell My Rialto Home, Sell My Walnut Home

Condominiums at Clear Canyon Creek in Diamond Bar, CA

By kasihomes Leave a Comment

When you are on the look out for a great condominium development in Diamond Bar, CA be sure to check out Clear Canyon Creek. This condominium development is near the 60 and 57 freeways at the intersections of Grand and Diamond Bar Blvd. It is located in Los Angeles County and is only minutes from both Orange County and San Bernardino County. Nestled within a neighborhood of single family homes, it makes for a serene environment. The greenbelts, pool, spa and clubhouse make for superb amenities to keep you busy.

Filed Under: Diamond Bar CA Tagged With: Clear Creek Canyin Condominiums, Diamond Bar CA Condominiums, Diamond Bar Homes For Sale, Diamond Bar Living, Diamond Bar Real Estate, Diamond Bar Realtor, Inland Empire Real Estate

Montefino Condominium Homes of Diamond Bar, California

By kasihomes Leave a Comment

Montefino Condominium Homes of Diamond Bar, California

The Montefino Condominium Homes of Diamond Bar offer an upscale living experience in the heart of Diamond Bar. Located off Diamond Bar Blvd. close to the 57 and 60 freeways makes a quick trip into the neighboring counties of Orange, San Bernardino and Riverside a breeze. The community pool is available for relaxation and play.

Montefino OVerview Montefino_pool

Keisha Hosea is a local Market Expert and Realtor in Chino Hills, California. Keisha Hosea and the KASI Homes team offer help to home buyers and home sellers throughout the Inland Empire. With a Master of Arts Degree in Marriage, Family and Child Counseling, Keisha has worked extensively with families and couples during difficult and transitional times. KASI Homes is the place where you find Real Estate with a passion for Real Life Solutions.  For more information call direct at (909) 261-6377. Visit the website at http://KASIHomes.com

Filed Under: Diamond Bar CA Tagged With: Diamond Bar Homes, Diamond Bar Homes For Sale, Diamond Bar Living, Diamond Bar Luxury Home Sales, Diamond Bar Real Estate, Diamond Bar Realtor, Inland Empire Distressed Sales, KASI Homes, Keisha Hosea

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