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Valley focus "º"º commercial real estate more commercial real estate in silicon valley became available in July, but the majority of markets saw least rates fallAfter rising and falling for the entire year, available commercial real estate for lease reached its highest level for 2010,

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When is a Deal not a Deal?

Posted by: KAIZEN Realty on 08 Sep, 2010

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ForeclosureSign medium When is a Deal not a Deal? So many buyers, especially first-timers, are out looking not so much for a house, but for a house that’s a real deal. And many assume that a “deal” equals a foreclosure.

But not every foreclosure is a deal, as REALTOR® Kathy Novak of Racine, WI explains.

“A foreclosure is not a deal when:

– The cost of repairs and the price of the house exceed the home’s worth.

– You don’t have the cash, talent, and/or time to fix it up.

– The house doesn’t ‘fit’ your needs; it’s not practical. It may be too small and/or not have space for your beloved hobby, whether it is beer-making or model trains or crafting or gardening. And do you really want to give up the hobby that gives you so much enjoyment?

– You just plain don’t like it. Remember the winter coat that was really un-flattering and downright ugly but you bought it because it was so cheap? You disliked it so much you never wore it … and what kind of deal was that?

– It’s such a good deal that you figure you’d better buy it now, before someone else does. (The Number One rule I tell every buyer I work with: Don’t buy a house because someone else might; buy it because it’s right for you.)

There will be another deal, one that will fit your needs and wants and budget. And it may not even be a foreclosure: a ton of great houses at great prices are out there to fit practically every budget. Remember, this is the biggest purchase you’ve ever made, and that payment will be around for … well, about 30 years. Choose wisely.”

Click here to read more of Kathy Novak’s blog.

Realtors – Sign up for your own free Featured Blog on Realtor.com.

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Lunch at 20/20 Diner

Posted by: KAIZEN Realty on 08 Sep, 2010

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I had been wanting to have lunch at 20/20 Diner inside the Southern College of Optometry for a long time, but I wasn't sure of the protocol. So when I saw chef Kathy Katz at 20/20's booth at the Memphis Farmers Market, I asked.…

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