Top 5 Real Estate Mistakes to Avoid in San Luis Obispo County for 2010
1. "Over Pricing Your Property:" Always be sure to look at my local area statistics so you can stay on top of what's happening in your area of the Central Coast.
Click to View my "Local SLO County Home Sales Statistics."
2. "Not Looking for Good Deals:" I have access to virtually all bank-owned homes (REOs) on the Central Coast. Call me and I'll put an REO specific property search together for you!
Or, Click to Search the Central Coast MLS for Homes and Land.
3. "Purchasing a Cheap Foreclosure:" While foreclosures can offer homebuyers big discounts, these homes sometimes come with a great deal of deferred maintenance in the form of repairs requiring thousands to correct.
4. "Not Using the Government's Home-buying Tax Credits:" Specifically, $6,500 for "move-up" buyers and $8,000 for first-time buyers.
5. "Avoid Short Sales:" Don't get involved with these unless there's only one recorded trust deed. If price really matters, concentrate on REOs (bank-owned homes); this is where the real bargains are in today's market.
Click to View my Article: "REOs vs. Short Sales, which is best?
Click for a Free/No Obligation Market Analysis of your SLO County home
Click to Visit My Website at SLOhomes4sale.com
Paul Pickering
Broker Associate, Bay Osos Brokers
CA DRE License #0997005
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Posted at 02:52PM Jan 15, 2010 by Paul Pickering in Real Estate | Comments[0]
