Closing escrow in a week?! As new Realtors…my husband and I could only dream this…especially if I keep sitting on my A$$ blogging instead of walking…KNOCKING doors in our farming territory. I’m just postponing the inevitable–as our managers said…we need that face time if we want returns on investment.
Four months of training (there’s so much to learn), distributing flyers (we need face recognition…we’re not burglars), building websites (now blogging –we need exposures), and what nots! We need some reality check in breaking the bank…no, no, no…I did not say ‘breaking into a bank’ though it feels that way sometimes. 😦 ):
To delay that door-to-door contact, my husband had been very good in searching for possible Open Houses even as far as an hour drive to San Bernardino. No LEADS so far, just MISleads and MISSleads! I’m starting to lose my sense of humor. We keep telling ourselves we don’t mind going far…it’s a first-hand look at the market out there. Who are we kidding? So when we found one First Team listing agent close to our farming area, we were delighted to contact him. When he said, he will ask the owner…we were hopeful!
A week or so–just now as I was blogging–my husband contacted the listing agent again, and I heard “That’s great!”…I had the not-great-for-us feeling. True enough…that house on Trevor Street sold in a week! A cash buyer walked in, and escrow closed in a week! What a dream if we could have one that way. Indeed…a lost dream of having an Open House close to our farm where we can invite the neighbors. Now, we should practice our KNOCKtiquette!
Originally Posted @ https://xzyllar.wordpress.com
How low can we still go? You tell me! Why isn’t everyone jumping for joy? Do we see a barrage of people rushing to buy houses either? The pendulum swung to the furthest end that even first-time home buyers are still scared to take the first plunge in a shallow pool…even when they can see the bottom. There are still multiple programs coming up faster than we could find them, even DP and HOA assistance–as there are ever-changing guidelines. This market has somehow leveled the playing field as all Realtors have to learn new terms from HAMP to HAFA…and more. Even SHORT Sales have the LONGest time to wait.
If we look back, we will find that buying a house is always a struggle…like reaching for a dream no matter what unless we’re one of the privileged few. My 83 year-old neighbor, who is now sitting pretty (from my neighborly perspective) on a fully paid house as I struggle with the bursting bubble of my dream, had told me how difficult it was for them to come up with the down payment. Then, every month they would ‘skimp and scrimp’ to make ends meet. They had seen The Great Depression, too…and they survived it! I am not sure what was Great about that Depression when we dread to see it in our time. In her stories, I only envisioned the greatness in her! I still believe in the resilience of the human race.
In the 1930s when they bought their house in Anaheim, it was only an amazing $24K. It had reached more than half a million during the recent market bubble. As a Realtor now, inspired by the collapse of the real estate market, the under $10K sign was floating before my very eyes for that house when it was first constructed in the 1950s. Where was I then? I must had been in First Grade half-way around the world.
It doesn’t matter anyway…the cycle of life will always be the same. We can’t see the future, and there will always be something that we will be afraid of doing. Rightly so…as we continue to struggle. Fear has a paralyzing effect, and it could let opportunity pass anyone by. It’s never a right time or a wrong time to buy a home, but it has to be right for you! The market could be different for everyone.
Originally Posted @ https://xzyllar.wordpress.com
Posted in Real Estate
Tagged Anaheim CA, down payment, fear, First Team Real Estate, First-time Homebuyers, HAFA, HAMP, HOA Assistance, housing market, Lowest interest rate, opportunity
A house by the lake in the South Coast Metro Area
Welcome to my New World of Real Estate! I’m not sure yet how or where to take this blog…one thing for sure, I (and my husband) have to be out there. It’s a difficult time for real estate, and why do we have to be in the middle of this chaos?
By way of introducing, visit us at www.xzyllardrums.com/RealEstateHome and we’d appreciate hearing from you. We are based in Anaheim, California and working with First Team Real Estate ready to serve with your real estate needs. When in the Philippines, or just want to know about the Philippines–either planning to include it in your travel one day or actually considering moving there, let Fairview Apartments be your Home as it would be mine one day. My husband and I are excited to retire around my Filipino family…hopefully soon! Meanwhile, you might want to visit our home in the Philippines when you want us to cater to your Metro Manila needs. Ask us and we might be able to provide it. Check us out at http://zylla3.wordpress.com which I have neglected for a while.
Posted in Anaheim, California, Real Estate, Uncategorized
Tagged Anaheim, buy, California, hello, Philippines, Real Estate, sell, U.S.A.