Friday, January 30, 2009

THINGS TO KNOW BEFORE YOU BUY AN REO

 

What is an REO?  REO means Real Estate Owned.  Everyone is talking about REOs these days.  But before you consider buying one, there are a few things you should know about REOs.  These properties are generally owned by banks, credit unions, mortgage companies and sometimes private companies.  It has become increasingly common for the news to report foreclosure issues and homeowners losing their houses and other effects of the mortgage crisis.   As a result there have been dramatic increases in the marketing of REOs to the general public.  It used to be that you could barely get your hands on lenders' foreclosure lists.  But these days, everyone is trying to sell REOs.

The people that are being marketed by these REO sellers are mainly first-time and minority potential homebuyers.  Fannie Mae works with many companies to help these types of homebuyers realize the American Dream of owning your home using reasonable and affordable loans.  There has been a shift in the industry from marketing REOs to those who "flip" houses to first-time homebuyers.  The dramatic increase in foreclosures has left many lenders with high inventories of REOs, resulting in potentially advantageous opportunities for individuals who never has access before, to gain access to the real estate market.  Additionally, the number of foreclosures is allowing simple real estate investors to diversify and expand their portfolios.

There are many laws regarding foreclosures and the process.  Mainly, when the property is in the pre-foreclosure and auction stage, the bank (owner) is only legally entitled to its losses and expenses.  This is to say that the bank (owner) is not entitled to gain a profit from the sale.  This changes however, after the property has been foreclosed on it becomes an REO.

REOs are often considered to be fabulous starter homes because the sales prices for these properties is generally lower than that of a similar  non-REO property.  In today's market however, this may not always be the case.  This is mostly due to the fact of the number of such properties in the market.  Even though a property is an REO, it does not mean that the owner will not make a profit off the sale.  Remember, after the foreclosure process, the REO owner is now allowed to make a profit, which may affect the sale price.  A buyer will generally be more likely to get a lower price when purchasing a home in the pre-foreclosure or auction stage.

Let's say now you've decided you want an REO.  You should know there are risks associated with this "great deal" you are getting.  When considering your REO purchase, make sure you have access and contact information for various experts who will guide you in the inspection process. 

You will need a Realtor, who can protect your interests and make sure you get the best deal possible.  Your Realtor will be able to generate reports for you showing comparable sales prices which will enable you to assess whether the asking price for the REO you are considering is appropriate.  There are some statistics that show the average price of an REO is 15 – 30 percent lower of comparable sales prices.  However, there are REASONS for this. 

REOs are sold AS-IS.   This means that what you see is what you get.  You will need a qualified home inspector to guide you with this step of your REO purchase process. Only a qualified inspector will be able to reveal latent flaws or issues that you will need to consider before you purchase the REO.  You will need to factor in the costs of potentially repairing, replacing or rehabilitating the necessary sections of the property into the price you will be paying. 

REOs take longer.  When purchasing an REO, you are not dealing with Joe and Jane Smith homeowner, you are dealing with either a Bank or an Investment Company.  The decision making and sale approval process in a business takes much longer than with individuals.  It could take weeks to get an approval on your offer.  Additionally, even though most banks will remove tax liens and occupants (if need be) from the property, in order to protect yourself, you should perform a title search.  Now you may not personally be able to do this, which is why you will hire a company to perform such a search for you, and the results may take up to a week to review. Another potentially  time-consuming process is getting an appraisal.  As a buyer, you should not trust the seller's appraisal blindly, get your own! Any time or money you spend beforehand may well be worth it in the long run.  You want to know that you are getting what you are paying for!

With the right amount of patience and knowledge and the care of a Crestico Agent, buying an REO will seem like a breeze.  We have agents that specialize in purchasing REOs.  When you work with a Crestico Agent, he/she works for you to get all the experts you need! From inspectors, to title searches to appraisers, your Crestico Agent takes care of it all for you!!  Call us today!

Real Estate Agents: Choosing a Broker That’s Right For You!

Real Estate Agents: Choosing a Broker That's Right For You!

In an industry like real estate, where being an agent is an unsalaried position and the business experiences so much turnover, which broker you choose to hang your license with becomes an important consideration for your career.

A vital part of your success will depend on your broker and at Crestico we believe, as your broker, we have a responsibility to support your growth and profitability, so that you will do well.   Choosing the right broker involves more than supplying leads, or offering the best commission splits and lowest desk fees!

We encourage you to speak to our agents and see that our environment enables you to make real money!  Realizing you made the best decision gives you peace of mind.  We at Crestico Realty understand that  it's comforting to know you'll have support when you need it, in addition to technology, and a market presence with a broker that the public wants to do business with!

For new agents, the industry poses many challenges.  Almost 85 percent of new real estate agents "drop out" after less than one year in the business, and 15 percent of the remaining don't renew their licenses.  We want to make sure you're not one of these statistics.  Successful real estate agents are self-starters and go-getters.  The beginning of a real estate career often involves lots of rejection.  But it's only temporary.  As a real estate agent, you are more than a person who shows properties, you become a trusted advisor and your clients look to you for your knowledge and expertise.  Buying a home is the most expensive (for most people) transaction of their lives. 

 

 

Getting Started For the First Time Home Buyer

 

At Crestico Realty, we believe an informed client is a happy client, so we do our best to make sure you are informed, every step of the way!  The first step we take in doing this, is to inform you before you become our client and give you a taste of our excellent customer service.  Below, is information that many first time homebuyers seek from us every day. 

You've decided to buy a home.  It seems like the right and best thing to do, but why.  Many first time home buyers ask us why it is better to own a home than to rent one.  Renters face many challenges that homeowners do not.  Primarily, if you get the right loan (which we can help you with), your mortgage should stay affordable every year and you will not be faced with one of renters' biggest problems: rent increases.  Next, why not let the place you live give you some tax benefits?  Renters do not get to enjoy the same tax benefits that are associated with owning your home.  If you have a family, or are thinking about having one; wouldn't it be nice to have your kids born and raised in the same place? We all have fond memories of our childhood and our childhood homes.  Kids love backyards and swimming pools and treehouses and slumber parties.  These are things that may not be as accessible and as private as you would prefer them to be if you rent an apartment. 

Also, when you rent, you are not making an investment, you are merely spending money.  Money you spend on repairs, upgrades, decorations, renovations and rent loses its value once it leaves your checking account. But when you own a home, the money you spend on everything from landscaping to decorations becomes an investment, and you will see a return on that investment.  You might say that everyone is talking about losing value and losing equity, but that's only applicable to today's market.  If you look at the real estate market, over time, you will see that it is a cycle and any money you spend today will eventually regain its value tomorrow.  And finally, above all owning a home means you OWN it and can do anything you like with it.  You can decorate it and express yourself in a way you would not be as free to, if you were renting someone else's property.

Next, first time home buyers find themselves faces with the question of location.  We've all heard the saying "location, location, location!"  That should give you a clue that location is very important.  You will need to consider your lifestyle and your needs when determining a location for your home.  Do you have children?  Is the quality of the schools in the area an issue?  Are you looking to join a community?  Your Crestico agent can help you determine your needs and find the perfect location for you.

The next thing to consider is the money.  The amount of money you will need to buy a home depends on many things including the cost of the home and the mortgage you get.  Your Crestico agent will go over each and every step with you and introduce you to our preferred lender, American Guardian Home Loans and together they will explain the entire process to you.  Generally, when you are purchasing a home, you will need to have cash on hand to pay a deposit when you submit your offer so that the seller will take your offer seriously.  Also, you will need cash for the down payment and the closing costs (to cover the processing of the paperwork involved). 

Most people purchasing a home do not do it entirely with cash.  Most buyers needs loans.  Choosing a first time home buyers loan can be a daunting task.  It may seem overwhelming because there are so many different types of loans with different names and options associated with them.  Not to worry, Crestico Realty has a dedicated representative at American Guardian Home Loans who is there only for our clients.

Finally, one more thing a first time home buyer should be aware of is insurance.  Having the right homeowner's insurance policy is an important part of being a homeowner.  Homeowner's insurance differs from renter's insurance in that it protects your home and its valuable contents from occurrences like theft, fire, floods and earthquakes (depending on your location and type of policy).  There are other kinds of insurance, such as Private Mortgage Insurance (also known as PMI) which may be required, depending on your loan and mortgage terms.  Your Crestico agent will work with you to get you the best value in insurance policies because Crestico Realty is your one stop shop for all your home buying needs.  We are part of a network of professionals and have extensive relationships in the industry that we use every day to make sure you are getting the best the industry has to offer.

First Time Home Buyer: Do you want to buy a foreclosure?

 

You've been hearing a lot lately about foreclosures, REOs and short sales.  There are conflicting reports about whether or not they can be good investments.  At Crestico Realty, we pride ourselves on giving you the most up-to-date information on making the best real estate decisions for yourself and your family's future.  Buying a foreclosed home may not be for everybody, but keep reading and find out if it's right for you.

Sometimes, foreclosed homes can be good investments, because often, they sell for less than market value. For a first-time homebuyer, the process may seem more complex and time-consuming but that's why we, at Crestico Realty, are here to help!  A foreclosure is a property that is being "foreclosed" upon by a bank or some other lending institution. It is a legal process through which the homeowner's rights are terminated, generally as a result of his/her failure to pay the mortgage.

One thing that is important when considering the purchase of a foreclosure, is where and how the home is being sold.   Often, real estate auctions are where foreclosures are sold because the lender is generally trying to sell the property as soon as possible.  At auctions, buyers are generally expected to pay for the house at the end of the auction, which means the financing must already be in place.  At Crestico, we work with a preferred lender to make sure that if you want to purchase your home from an auction, we have your financing ready to go. 

However, in today's market, auctions are not the only way to purchase foreclosures.  Many REO (real estate owned) companies purchase these foreclosures and list them for sale, essentially performing the function of a "homeowner" who does not live in the house.   When making an offer on such a home, it is still a great idea to have your financing in place, so that your offer (which will most likely NOT be the only one) will be easier to accept.

Buyers often ask, regarding foreclosures, "Will I be able to gain equity in an REO?"  The answer to this question is generally dependent on (1) the current value and (2) the sales price of the property.  If a buyer purchases a property for less than it is worth, there is automatic equity.  With foreclosures, and an experienced Crestico agent, you can have the peace of mind that we will find you the right foreclosure to purchase. 

If you are interesting in purchasing a foreclosed property, your Crestico agent will work to find you the best home!  Your Crestico agent has access to many services that track foreclosures in and neighborhood you are looking to move to, in California.  We stay on top of your search.  With foreclosures, you have to move quickly because the lucrative investments get snatched up quickly.  Call today and speak with one of our REO Buyer Specialists!

The Iranian Community’s #1 Real Estate Services Firm

Crestico Realty –

Speaking farsi isn't enough!   There is more to being the Iranian Community's #1 real estate services firm than speaking the language.  Not only do we speak your language, but we understand your needs.  Crestico Realty was founded by an Iranian-American to help serve Iranian community in the Southern California area.  At Crestico, your Iranian agent will be the difference between a pleasant, satisfying, and stress-free home buying or selling experience and an unhappy, stressful, dissatisfying one.  Many agents hold themselves out to be specialists in the Iranian community, but they are not. 

At Crestico, our agents spend time understanding and discovering your needs.  Many Iranian families are larger and more expanded than the typical "American Nuclear" family.  We understand you may have special needs when searching for a home.  We also understand the culture.  We know Iranians are warm hospitable and generous, which makes for wanting homes that are designed with entertaining lifestyles in mind.  We cut straight to the point to get you what you need.

Crestico Realty has helped numerous Iranians achieve the American dream of home ownership.  We get the job done and we do it smoothly with no hassles and stress.  We understand Iranian tradition and culture, ways of life and working, financial management strategies, faith, concerns, goals, needs, and dreams. We look forward to adding you to growing family of happy homeowners.

Call a Crestico Agent today to set up an appointment in Farsi or in English so that we may serve you with our superior customer service!

 

HOW TO SELL YOUR HOME AT THE BEST PRICE

LISTING YOUR HOME AT THE RIGHT PRICE

You have finally decided that you want to sell your home.  Where to start? The most important thing you must consider is the price.  This is going to be the first impression a potential buyer gets of you and your home.  If you price it too high, you risk discouraging buyers and reducing your home's appeal after only a short time.  Industry standards dictate that most listed homes see a reduction in demand and interest after about 3 weeks.   Industry practice has also shown that if you price your home too low, market factors will raise the price to market.  This is because you will receive multiple offers on a low price and potential buyers will end up bidding more and more to get your home.  2 things you should consider when attempting to determine a price are Supply and Demand.  Now, we have all heard these terms in our high school economics and government classes but what do they mean to you, a potential home seller?  They mean you must consider how many homes are on the market in your area (supply) and how many people are looking to buy them (demand).

Here are a few other thing to consider when trying to set a sale price for your home:

Comparable Listings.  A good starting point is to take a look around your neighborhood.  Compare your house to the others on your block (we generally recommend considering homes up to but not further than a 0.5 mile radius from your home).  And don't just look at today's prices.  Do a little research and go back a few months.  Look at recently sold as well as currently listed properties.  Spend some time gathering information, this will all be useful to you in determining a price base.  Compare things like year built, square footage, lot size, pools, second stories, driveways, garages and carports.  Look at old listings, expired listings and withdrawn listings to determine the number of days each comparable property was actually on the market.  Pay attention to sales price in relation to listing price.  Discrepancies in the two may indicate trends in the local area.

When considering active listings, remember these are the homes that buyer looking to purchase in your area will be looking at and mentally comparing to your home.  Attend open houses in your area and take tours, check out the competition.  Make a note about anything that strikes you and apply your perceptions to your own home's open houses and tours.  We at Crestico have preferred partners that are specialists at Staging.  Staging is when you prepare your home in an aesthetically pleasing manner so as to entice and induce buyers. 

After you have gathered all the information you need, your next step is to make sense of it and set a price.  Another thing to consider would be what type of market it is, buyer's or seller's.  This seems tricky, but your Crestico Agent will be able to sort it all out with you and explain it in easy to understand terms.  Call today to speak with an agent who is ready, willing and able to help!

How You Can Tell If You Have A Good Buyer's Agent

Is Your Agent Right For You?

Your agent will play an important role in helping you, the buyer, find and get into your dream home.  Many agents hold themselves out to be "Buyer's Agents" but they may not be.  Here, you will find some tips and information on how to tell whether your agent is really right for you.

A good agent will be clear.   This means you will know clearly and concisely what services he/she will be providing you, what his/her relationship is to you and he/she will be getting paid.

A good agent is unbiased.  This means that you will never feel pressured into approving or disapproving any one specific property you are shown, especially because it may affect your agent's compensation.

A good agent is meticulous.  This means that your agent will spend time and effort determining a fair and reasonable price on the property you are considering.  Your agent should review comparable sales in light of inventory levels and the economic environment as well as considering your individual property's attributes.  This also means that all your documents (whether being submitted or received by you) will be proofread and reviewed to insure against errors and omissions.

A good agent is a good negotiator.  This means that you will not feel alone and abandoned when it comes time to negotiate with the seller and his/her agent.

And finally,

A good agent uses his/her resources.  This means that your agent, who is more knowledgeable about the real estate industry than you are, will use his/her resources to help you get the best value in home inspectors, appraisers, repairmen, decorators or any other "expert" advice and opinions you may need.

We at Crestico Realty pledge our commitment to you as being some of the best Buyer's Agents around.  Not only do we do all of the above for you, but we take that commitment even further.  We have networks of professionals in related industries from financing to decorating to make sure that when you work with a Crestico Agent, you are taken care of from start to finish.  Call us today for a consultation so we can show you the Crestico advantage.  We truly are your ONE STOP SHOP for all your home-buying needs.

Mitra Karimi, President

Crestico Realty

Careers in Real Estate

TREAT YOURSELF to the best new year's resolution ever by moving your practice to a young energetic brokerage where you are still your own boss but get all the benefits of being associated with a nationally recognized brand!  Crestico Realty is looking for licensed Real Estate Agents like you to come down and interview!

Crestico Realty is a boutique Real Estate firm that focuses on handling all forms of real estate transactions. We offer *NO DESK FEES* and have great relationships with our business partners who work with us on a day to day business.  If you are an independent visionary and get excited by the limitless possibilities of today's market, then give us a call.   At Crestico, we treat our agents like family, offering unprecedented support, generous commissions, the best training and mentorship for new agents, additional incentives & bonuses, and further opportunities to grow and expand your career.

We are looking for agents who are more than just agents - we want real estate specialists, who love their work and see income potential in every conversation they have!

Please send your resume, along with cover letter to careers@crestico.com  Also, please visit our website at www.cresticorealty.com

Thursday, January 22, 2009

Real Estate Agents: Choosing a Broker That’s Right For You!

In an industry like real estate, where being an agent is an unsalaried position and the business experiences so much turnover, which broker you choose to hang your license with becomes an important consideration for your career.

A vital part of your success will depend on your broker and at Crestico we believe, as your broker, we have a responsibility to support your growth and profitability, so that you will do well.   Choosing the right broker involves more than supplying leads, or offering the best commission splits and lowest desk fees!

We encourage you to speak to our agents and see that our environment enables you to make real money!  Realizing you made the best decision gives you peace of mind.  We at Crestico Realty understand that  it's comforting to know you'll have support when you need it, in addition to technology, and a market presence with a broker that the public wants to do business with!

For new agents, the industry poses many challenges.  Almost 85 percent of new real estate agents "drop out" after less than one year in the business, and 15 percent of the remaining don't renew their licenses.  We want to make sure you're not one of these statistics.  Successful real estate agents are self-starters and go-getters.  The beginning of a real estate career often involves lots of rejection.  But it's only temporary.  As a real estate agent, you are more than a person who shows properties, you become a trusted advisor and your clients look to you for your knowledge and expertise.  Buying a home is the most expensive (for most people) transaction of their lives. 
 
 
 

Wednesday, January 21, 2009

First Time Home Buyer: Do you want to buy a foreclosure?

You've been hearing a lot lately about foreclosures, REOs and short sales.  There are conflicting reports about whether or not they can be good investments.  At Crestico Realty, we pride ourselves on giving you the most up-to-date information on making the best real estate decisions for yourself and your family's future.  Buying a foreclosed home may not be for everybody, but keep reading and find out if it's right for you.

Sometimes, foreclosed homes can be good investments, because often, they sell for less than market value. For a first-time homebuyer, the process may seem more complex and time-consuming but that's why we, at Crestico Realty, are here to help!  A foreclosure is a property that is being "foreclosed" upon by a bank or some other lending institution. It is a legal process through which the homeowner's rights are terminated, generally as a result of his/her failure to pay the mortgage.

One thing that is important when considering the purchase of a foreclosure, is where and how the home is being sold.   Often, real estate auctions are where foreclosures are sold because the lender is generally trying to sell the property as soon as possible.  At auctions, buyers are generally expected to pay for the house at the end of the auction, which means the financing must already be in place.  At Crestico, we work with a preferred lender to make sure that if you want to purchase your home from an auction, we have your financing ready to go. 

However, in today's market, auctions are not the only way to purchase foreclosures.  Many REO (real estate owned) companies purchase these foreclosures and list them for sale, essentially performing the function of a "homeowner" who does not live in the house.   When making an offer on such a home, it is still a great idea to have your financing in place, so that your offer (which will most likely NOT be the only one) will be easier to accept.

Buyers often ask, regarding foreclosures, "Will I be able to gain equity in an REO?"  The answer to this question is generally dependent on (1) the current value and (2) the sales price of the property.  If a buyer purchases a property for less than it is worth, there is automatic equity.  With foreclosures, and an experienced Crestico agent, you can have the peace of mind that we will find you the right foreclosure to purchase. 

If you are interesting in purchasing a foreclosed property, your Crestico agent will work to find you the best home!  Your Crestico agent has access to many services that track foreclosures in and neighborhood you are looking to move to, in California.  We stay on top of your search.  With foreclosures, you have to move quickly because the lucrative investments get snatched up quickly.  Call today and speak with one of our REO Buyer Specialists!

For More info please visit http://www.crestico.com - http://www.cresticorealty.com

Saturday, January 17, 2009

The Iranian Community’s #1 Real Estate Services Firm

Speaking farsi isn’t enough! There is more to being the Iranian Community’s #1 real estate services firm than speaking the language. Not only do we speak your language, but we understand your needs. Crestico Realty was founded by an Iranian-American to help serve Iranian community in the Southern California area. At Crestico, your Iranian agent will be the difference between a pleasant, satisfying, and stress-free home buying or selling experience and an unhappy, stressful, dissatisfying one. Many agents hold themselves out to be specialists in the Iranian community, but they are not.
At Crestico, our agents spend time understanding and discovering your needs. Many Iranian families are larger and more expanded than the typical “American Nuclear” family. We understand you may have special needs when searching for a home. We also understand the culture. We know Iranians are warm hospitable and generous, which makes for wanting homes that are designed with entertaining lifestyles in mind. We cut straight to the point to get you what you need.
Crestico Realty has helped numerous Iranians achieve the American dream of home ownership. We get the job done and we do it smoothly with no hassles and stress. We understand Iranian tradition and culture, ways of life and working, financial management strategies, faith, concerns, goals, needs, and dreams. We look forward to adding you to growing family of happy homeowners.
Call a Crestico Agent today to set up an appointment in Farsi or in English so that we may serve you with our superior customer service!
For more info please visit http://www.crestico.com - http://www.cresticorealty.com

Wednesday, January 14, 2009

Is Your Real Estate Agent Right For You?

Your agent will play an important role in helping you, the buyer, find and get into your dream home. Many agents hold themselves out to be “Buyer’s Agents” but they may not be. Here, you will find some tips and information on how to tell whether your agent is really right for you.
A good agent will be clear. This means you will know clearly and concisely what services he/she will be providing you, what his/her relationship is to you and he/she will be getting paid.
A good agent is unbiased. This means that you will never feel pressured into approving or disapproving any one specific property you are shown, especially because it may affect your agent’s compensation.
A good agent is meticulous. This means that your agent will spend time and effort determining a fair and reasonable price on the property you are considering. Your agent should review comparable sales in light of inventory levels and the economic environment as well as considering your individual property’s attributes. This also means that all your documents (whether being submitted or received by you) will be proofread and reviewed to insure against errors and omissions.
A good agent is a good negotiator. This means that you will not feel alone and abandoned when it comes time to negotiate with the seller and his/her agent.
And finally,
A good agent uses his/her resources. This means that your agent, who is more knowledgeable about the real estate industry than you are, will use his/her resources to help you get the best value in home inspectors, appraisers, repairmen, decorators or any other “expert” advice and opinions you may need.
We at Crestico Realty pledge our commitment to you as being some of the best Buyer’s Agents around. Not only do we do all of the above for you, but we take that commitment even further. We have networks of professionals in related industries from financing to decorating to make sure that when you work with a Crestico Agent, you are taken care of from start to finish. Call us today for a consultation so we can show you the Crestico advantage. We truly are your ONE STOP SHOP for all your home-buying needs.
Mitra Karimi, PresidentCrestico Realty

For More Information Please Visit http://www.crestico.com - http://www.cresticorealty.com

Tuesday, January 13, 2009

Why work with Crestico - Size Matters..

Size DOES Matter!
You’ve said it, you’ve heard, you know it’s true! Size matters! Especially when it comes to your Realtor! If you’ve been watching the news, you know that it’s a Buyer’s Market and it’s a GREAT time to buy a home! But when you’re looking for an agent to give you the personalized attention you deserve, remember, SIZE MATTERS! Do you want to be just another file number or do you want your agent to become your partner! Choosing and buying a home is one of, if not the most important decision you will make in your life. Don’t get lost in the crowd with agents that are more concerned with getting listings and closing deals than they are concerned about meeting your needs and EXCEEDING your expectations! At Crestico Realty, we have a specialized Buyer’s Team that focuses ONLY on the needs of Buyers. The Agents on this team do not spend their time getting listings, they spend their time SEARCHING listings for YOU! They each want to help you get into the home of your dreams in the most hassle-free manner you can imagine! We work to make sure you don’t have to! CALL CRESTICO REALTY TODAY!

Tips for First Time Homebuyers

So you’ve decided to purchase your first home. Here is some advice from the experts at Crestico Realty that will help you make the best decision for you.
Define Your Search ParametersAlmost 80% of all home searches today begin on the Internet. With just a few clicks of the mouse, home buyers can search through hundreds of online listings, view virtual tours, and sort through dozens of photographs and aerial shots of neighborhoods and homes. You've probably defined your goals and have a pretty good idea of the type of home and neighborhood you want. By the time you reach us at Crestico, you are halfway to home ownership.
How Long Should It Take?At Crestico Realty, we will listen to your wants and needs and arrange to show only those homes that fit your particular parameters. We will preview homes before showing them to you as well. On average, it takes anywhere from two days to six months to find your perfect home.
How Many Homes Will You See?Studies show that the your memory dramatically improves after consumption of carbs and slows upon consuming sugar. So, layoff the soft drinks and have a hearty meal of carbs before venturing out to tour homes. The average number of homes that we will show you in one day is seven. Any more than that, and the brain is on overload. Therefore, don't expect to see 20 or 30 homes; although it's physically possible to do so, you probably will not remember specific details about any of them.
The "Gold Shoes" ExperienceWomen will relate to this. Say, you need a new pair of gold shoes. You go to the mall. At the first shoe store, you find a fabulous pair of gold shoes. You try them on. They fit perfectly. They are glamorous. Priced right, too. Do you buy them? Of course not! You go to every other store in the mall trying on gold shoes until you are ready to drop from exhaustion. Then you return to the first store and buy those gold shoes. Do not shop for a home this way. When you find the perfect home, buy it.
How to Rate InventoryBring a digital camera and begin each series of photos with a close-up of the house number to identify where each group of home photos start and end. Take copious notes of unusual features, colors and design elements. Pay attention to the home's surroundings. What is next door? Do 2-story homes tower over your single story?
Do you like the location? Is it near a park or a power plant? Immediately after leaving, rate each home on a scale of 1 to 10, with 10 being the highest.
View Top Choices a Second TimeAfter touring homes for a few days, you will probably instinctively know which one or two homes you would like to buy. Tell us and we will show you them again. You will see them with different eyes and notice elements that were overlooked the first go-around.
Making the SelectionYou will know what you like, and your Crestico agent, because he/she cares so much, will know too. We real estate agents are required, however, to point out defects and should help buyers feel confident that the home selected meets the buyer's search parameters.
From this point, your friendly and trustworthy Crestico agent will call the listing agents to find out more about the sellers' motivation and to double-check that an offer hasn't come in, making sure these homes are still available to purchase.
That’s all there is to it! It seems like a lot, but don’t worry you’re in great hands when you have a Crestico agent to help you.

For More information please visit http://www.crestico.comhttp://www.cresticorealty.com

Friday, January 9, 2009

Welcome to Crestico Realty...

Crestico Realty is your ONE stop shop for all your home buying and selling needs. We were created for the purpose of serving a homeowner with the highest quality service and providing all the services you could possibly need in connection with the purchase and/or sale of your home. Our agents and staff believe that education, communication and up-to-date information are the key elements of a successful transaction and we believe that having those key elements enables us to provide our clients with the most positive experiences possible. Selling and buying your home are some of the most stressful times of your life, and at Crestico, we understand that. Let us do the worrying for you!
We will work for you to get you everything you need. We have great relationships and ties in the community and real estate professionals, and can get you the best pricing possible on loans as well! We are a ONE STOP shop for all your home buying and selling needs. Sometimes the details of buying and selling real estate can be confusing, scary, emotional and nerve racking. We believe in researching the details and presenting them in common terms in order to put your mind at ease and take you through the process with NO stress and frustration.

http://www.cresticorealty.com - http://www.crestico.com