Local real estate investors include a subset that’s more common than you might think: the unplanned ones. The press calls them “accidental investors”—but that’s unfortunate. Let’s face it: when you read “accidental investor,” it conjures up mental images of a car crash. Or falling down stairs. Or failing to smell a gas leak…

The phrase is inappropriate. When you think of accidents waiting to happen, the last thing you think of is west coast real estate. Yet the phrase “accidental real estate investors” continues to pop up to describe individuals made property owners through happenstance—even though that turn of fate does, in fact, turn out to be beneficial. More than anything, that’s a happy accident!

Accidental real estate investors can be created because of any number of common situations. Sometimes, inheritance plays a role. If a family home is willed to children whose careers have taken them far from town, time may need to pass before a clear-headed decision is best made about the disposition of the […]

They’re aimed at the Frustrating Five: spring cleaning tasks that homeowners tend to put off and/or ignore more than the others. Since spring is the most agreeable time of year to tackle household maintenance (even the vexing ones), here’s a list to contemplate—along with some widely accepted strategies for taking them head-on:

1. Kitchen cabinets gradually build up grease—and getting rid of it is one of those jobs we don’t tend to tackle on a regular basis. The first of the top 5 spring cleaning tips is the easiest: that grease is no challenge if you remember to keep a single-purpose product on hand. Hardware stores and supermarkets stock them: just look for the household cleaning bottles that have “Dirt and Grease” somewhere on the label.
2. Dirty windows are frustrating because they actually present two entirely different spring cleaning challenges. One window cleaning product that works fine inside is often less effective on the outside. Since there are two different kinds of buildup, it pays […]
   

Whenever a buyer or seller is set to enter the market, they find themselves faced with the task of identifying the local real estate agent who will serve them best. There are many of us to choose from—and not a lot guidance on how to proceed.

Maybe there should be something like a Real Estate Agent Dowser. You remember dowsers—the folks who divine where to drill for ground water. Most do it by walking around, holding a dowsing rod (usually Y-shaped). When it shivers or points down, BINGO! That’s where the water is. Pay the fee and call the drilling company. Now, it’s said that there is absolutely no scientific evidence that dowsing works. Yet there are plenty of folks who live out in the country who will tell you that, of course it’s hard to believe, but still… That’s why dowsing is a real occupation. Just ask any one of the American Society of Dowsers’ 3,000 members…

Here on […]

When you think about it, it was to be expected: the pace of house flipping activity in communities all over the country almost had to quicken. The market made it all but inevitable—in places where prices are on the rise while inventories remain tight, the conditions are right.

A “house flip” is what you call any house that sells within a year of being purchased. House flipping happens when something unforeseen occurs that prompts a buyer to change residences more quickly than anticipated, or (much more often) when the purchase is made in the first place because the buyer sees an opportunity to make a profit.

House flipping became all the rage for a while during the housing bubble of the mid-2000s, hitting a peak in 2005. Half a dozen TV series were launched that popularized the adventures of itinerant flippers, tracing their footsteps as they acquired, fixed up, then sold properties for enticingly large premiums. The best of them depicted not simply the money to be made, but […]