Rona

About Rona

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So far Rona has created 655 blog entries.

I wish I could send this with every offer

Sellers have the advantage in this market. My office and I work hard to do everything to keep our clients informed. We use every tactic we can find to give our client the best advantage over other buyers in a bidding war.   In order not to grossly overpay or buy without rights, our clients will

What is exclusive buyer brokerage?

4 Buyers Real Estate is one of a small number of real estate firms that works exclusively for house and condo buyers. We do not list property for sale, so we can be the best at getting buyers their best deals. We do this because: We are more effective as a team. We can pool

How are credit scores calculated?

Long before you apply for a mortgage, it is a good idea to check your credit score. Credit scores determine if you qualify for a loan and the rate you pay for your loan. If your credit score is low, you may not be able to get a mortgage, even if you have the down

What does UAG mean? CTG?

Here’s a quick primer on how to read the Multiple Listing Service (MLS) and alternate real estate listing sites. Most of my clients “web around” to sites like Trulia and Zillow to look at images of properties for sale. We create customized searches with our database, but the raw data is out there for everyone

By |2021-11-01T19:27:57-04:00March 22nd, 2016|Categories: buying process, House Hunting|Tags: , , , , , , , |

Distressed properties (short sales and foreclosures)

What is good about distressed properties: In a market where prices are this high, any discount is a discount. What is wrong about distressed properties :  Many conditions of these sales require that you give up your right to inspect, your right to get your deposits back, and any leeway for delays in your financing. The

Baffling you with bullsh*t

The spring market is coming, and so is the spring marketing. If you are reading headlines and looking at charts, you will likely come up with the wrong conclusion. Below, I will show you some liar’s graphs. But first, the data those graphs were based on. The actual data (from Zillow): The real estate economy

Hard Hat and Hard Sell

Are you looking at buying a condo in a building that’s still being built? Here are the tell-tale signs that you are being given the hard sell: You are brought into a showroom. You are offered a drink, and sometimes food. You are shown the materials that will be used. You are shown a chart

Prices are going up and I do not say “rah rah”

A couple of weeks ago, James Morrison at Banker and Trademan asked me for a video interview about the seller's market. He was hearing a lot of celebration because volume (number of sales) and price are both up in our area. He wanted to know how an exclusive buyer's agent sees the seller's market. https://vimeo.com/152736383

Lying by omission. Real estate news this winter.

It is so easy to use a tiny sample and a hyperbolic headline to prime potential buyers to get ready to buy desperately. Don’t fall for it! Real estate owner-favoring propaganda is alive and well, and not frozen-over for the winter. Recently, an article appeared online with the title, “Five Somerville 1-BRs You Can Buy

Scam warning!

There's a new scam in town. It is the child of an old scam. It is very lucrative for the perpetrators, until they get caught. Here's how it goes: Unsecured emails have been tapped by the evil-doers. The perps write to the buyers, just before closing, from the email address of their agent, lender, or

By |2021-11-01T15:46:46-04:00January 27th, 2016|Categories: buying process, House Hunting, Money and finance, Mortgage matters|Tags: , , |