Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

Selling Your House - $100,000 Pets


Is your pet worth $100,000? It may be if you don't make accommodations for it when selling your home.

A Hundred Thousand Dollar Pet?

A house I'd seen with a potential buyer in an attractive neighborhood built around two lakes sold for $100,000 less than was typical for the neighborhood. Do you know what caused it to sell for that much less? A pet. Actually, two pets.

I can hear you thinking, "How can that be? Surely she doesn't know what she's talking about this time. How could two pets reduce the sales price of a home by $100,000? Is that even possible?" I understand your skepticism, but it's true. Let me tell you how I know.When I made the appointment for the potential buyer to look at the house, I wasn't told about the presence of pets. We arrived at the house, knocked on the door, and when no one answered our knock, I got out my electronic key to open the box containing a key for brokers to use. While I was doing this, we began to hear some loud barking from large dog or dogs inside the house. The buyer said she did not want to go into the house with "dogs on the loose." I have to admit I wasn't thrilled with the idea either, so we went on to the next house she was considering.

She asked me if we could see that house the next day sans pets. I called and made arrangements.

The next day we looked at a two story, 5 bedroom, house with a fully finished, walkout basement that supposedly didn't have pets. It was a nice house, but the whole house smelled strongly of pet odors. The furniture in the basement was shredded - truly not too strong a word to use. I've never seen furniture in worse shape. The front of the house was nicely landscaped. The back of the house was a disaster. The door frames and exterior doors were scratched and gnawed. The lawn had beaten paths and patches. There wasn't a flower or a shrub to be seen. The "buyer" couldn't get away fast enough.

I later found out the owner of the house had a German Shepherd. The second "dog" was a wolf and shepherd mix. The house stayed on the market longer than typical, the price was reduced several times and the final sales price was $100,000 below what was typical for the neighborhood. Now you tell me, what cost that seller $100,000?

Don't misunderstand, I know pets are wonderful. Over time my husband and I have enjoyed living with a German Shepherd, two Siamese cats, assorted adopted stray cats, fancy guppies, gold fish, koi, and various sorts of wounded critters our two sons brought home.

Pets enrich your life. They don't enrich the sales price of your home. Take the right steps though, and they won't rob you of any of your equity.

Raynor James is with http://www.fsboamerica.org - providing homes for sale by owner, "FSBO", properties. Are you thinking, "Should I sell my home?" Visit http://www.fsboamerica.org/seller.cfm to sell your home sale for free for one month.


MORE RESOURCES:

REAL ESTATE: Refinancing program expands for Fannie/Freddie borrowers
Press-Enterprise
With the changes that are expected to make the program much more effective, the program is being called HARP II by those in the real estate and mortgage industries. Probably the most significant improvement is that it lifts the ceilings on the amount ...

and more »


Local real-estate developer shares his love of Mardi Gras
Houma Courier
Local real-estate developer SP LaRussa walks through the Krewe of Hercules' den making sure that the krewe is ready to roll Friday night. By Eric Heisig Local business owner SP LaRussa, 70, is known to many as “Mr. Mardi Gras” around this time of year.

and more »


Monmouth Real Estate Investment Corporation Reports 1st Quarter Financial Results
MarketWatch (press release)
8, 2012 /PRNewswire via COMTEX/ -- Monmouth Real Estate Investment Corporation (the Company) /quotes/zigman/234464/quotes/nls/mnr MNR -0.21% reported funds from operations (FFO) of $7450000 or $0.20 per share for the three months ended December 31, ...

and more »


Houston-Based Real Estate Developer Closes More Than $75 Million in Healthcare ...
MarketWatch (press release)
Medistar Corporation is a full-service real estate development company that specializes in the design, development, financing and construction of healthcare real estate. The company focuses on medical office buildings, integrated medical plazas and ...

and more »


Cole Real Estate Investments Executes Nearly 640000 Square Feet in Retail ...
San Francisco Chronicle (press release)
Cole Real Estate Investments (Cole), one of the nation's leading investors in high-quality, income-producing retail, office and industrial real estate assets, announced it signed leases totaling nearly 640000 square feet at Cole-related retail ...

and more »


Property Magazine

Web Winners: Navigating real estate industry
News & Observer
By REID KANALEY - The Philadelphia Inquirer Real estate is no easy game, as "underwater" homeowners have found in recent years. You need your wits about you, and these sites help you do that with plain language and suggestions. -The home-buying page at ...
The Real Estate Book Includes Free Agent Mobile Websites in Advertising PackagesPR Web (press release)
REALTOR(R) University Granted Approval to Offer Master of Real Estate Degree ...MarketWatch (press release)
It's time to kick off the local real estate marketHalf Moon Bay Review
PR.com (press release) -Property Magazine
all 17 news articles »


Real estate field reacts to SD MLS's data idea
U-T San Diego
Real estate bloggers in San Diego and elsewhere applauded and booed the San Diego region's MLS after it said it will allow members to enter their contact information into a new field that could be featured prominently on real estate search sites such ...

and more »


Tossed® Hires Real Estate Veteran A. Michael Toroyan as Chief Development Officer
MarketWatch (press release)
Toroyan, a 20-year veteran of the restaurant real estate, and franchising, will bring even greater momentum to Tossed's strong and growing franchise development efforts across the US Toroyan comes to Tossed Franchise Corporation from a previous post as ...

and more »


Jakarta Globe

JLL Commercial Real Estate Report: “It's a Great Time to Be a Borrower”
Area Development Online
A new proprietary survey defines the likely universe of capital available for commercial real estate lending in 2012. Conducted by Jones Lang LaSalle (JLL) and Penton Media Research, it compiled direct feedback from 186 borrowers and 136 lenders who ...
Debt Levels of Commercial Real Estate Borrowers Set to Increase 40% in 2012World Property Channel
Jones Lang LaSalle, NYSE:JLL Upbeat on Indonesia Real EstateLive Trading News
Jones Lang LaSalle secures $98m in financing for Framingham apartment complexBoston Globe

all 20 news articles »


Chris Griffith: Selling real estate of the dearly departed
Naples Daily News
By CHRIS GRIFFITH The only thing certain in life is death and taxes … and probably how emotionally taxing death is when liquidating real estate. Selling real estate is stressful enough for some folks without compounding it with the emotional burden of ...

and more »

Google News

home | site map
© 2006 TIGER MEDIA