Real Estate Advice

CHRIS CLARK Q&A

Chris Clark Q&A: Its getting cold!

BRRRRRRRRR. The weather has really taken a temperature dip, and its getting cold! What better way then to warm up with some free coffee? Sorry for the delay since our last FAQ, but the real estate market has been keeping me warm! Now to the questions! Submitted by Cj. Robert. Q: Is staging your house when you put it up for sale worth the money? A: As much as I hate to say it, it depends! Lets start with the easy answer! On an upscale, more expensive home, a staging adds great value. In the upper ends of our market…

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improving home value

Make more cash! 10 Great ways of improving home value!

There are many different ways of improving home value, yet its difficult to gage net returns and ROI. Upscale fixtures, newly remodeled rooms, and high quality appliances seem flashy, however typically don’t offer a great return on investment! Below are a few great suggestions for keeping improving your homes value with upgrades! Tip Number One: Spend an hour with a Realtor. I think you knew this was coming, and it is absolutely the best way to establish Value. In Pullman, our unique market dictates specific ways to improve home value that a real estate expert will be able to tell you. Depending on…

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cooling market

Keeping warm in a cooling market!

How to stay warm in a cooling market: Chris Clark Style. On the Palouse, we are definitely starting our cooling market. What does that mean? Take a brief look outside: our nice sunny weather has this week given way to that familiar chill. We are all familiar with our winter weather in the Pacific Northwest. We all tend to burrow in as the weather progressively freezes us, and there is a tendency for home sales to slow down. Most agents will take off extra time during the colder months, but not Chris Clark. Here are a few of the ways…

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Real Estate Investment: Returns

Real Estate Investment: Returns Q: Can we know our normal rate or returns? First of all, thank you so much for the great response I’ve had to my investment advice columns! Seeing so many people take advantage of my content makes me want to write even more! Im working on some great stuff write now, join my mailing list to keep up! I get asked about real estate risk and returns all the time! I don’t want to venture off into the woods about risk TOO far, but these questions are worth answering! The most important factor in returns is our local real estate…

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preparation

Real Estate Investing: Preparation

One of the most important steps in real estate investing is preparation. Before approaching the market, there are several things you will want to make sure and cover. Meet with your Accountant or CPA. Your accountant will have your best interests in mind, and have access to your portfolio. With your accountant you can discuss the long term benefits and effects of real estate depreciation, principle reduction and increases in value to to appreciation. They will also help your real estate investments balance with your other portfolio items. Your accountant will be a great asset to your real estate investment preparation! Read a…

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Building Real Estate Wealth

Building Real Estate Wealth

Due to overwhelming response to our last investment post, we have decided to delve a bit deeper into building real estate wealth. I wholeheartedly believe that real estate investing is the best long term wealth building vehicle in America. Anyone that knows me can tell you I don’t just talk about building real estate wealth, I practice it every day! It’s part of what qualifies me to be a great Realtor! I started buying investment properties in my twenties (a long time ago). I have always believed in learning from “doers” instead of “talkers.” There is always more value with experience then research!…

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CHRIS CLARK Q&A

Chris Clark’s Q&A Mid July

Hello again to this weeks Q&A! Wow, what a month. Our Pullman real estate market is busier then ever! This week we received two great questions for our Q&A! Congratulations to both our winners! We love giving away coffee at the Chris Clark Team and you can win too! Just ask us a real estate related question on our Facebook page, and we will put you in our weekly drawing! Now, on the the Q&A Answers! Submitted by Olivia Wooldridge. Q: What is the best thing to do when the market is over saturated in your area, but you still want to sell? A:…

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real estate investing

Real Estate Investing

Real Estate Investing: Creating long term cash growth. I Deeply enjoy real estate investing. Their are so many engaging elements to a completed deal! The purchase, rental, growth, and value are all aspects I find fascinating! When I get approached about real estate investing, I have several key pieces of advice that ring true for anyone looking to start investing! Before I launch into my dissertation, I feel the need to be clear: DO YOUR RESEARCH. Real estate investing can be incredibly profitable, and you need to know what your getting in to! Finding a trusted local agent can save you a…

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Real Estate Appraisals

Real Estate Appraisals

Real Estate appraisals have always been a bit of a wild card. Without regulations, appraisers can often directly impact the sell price of homes which delays transactions and changes prices. While our Pullman appraisers don’t contribute to the problem, the industry has placed a lot of pressure on real estate appraisers. Lenders always want “high” numbers and buyers always want “lower” ones, making it really difficult to remain impartial. A recent ruling (Dodd-Frank Wall Street Reform and Consumer Protection Act) has helped to refine some of the rules. The ruling will help protect consumers by standardizing rules for real estate appraisals, and…

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Local Real Estate Offices

Local Real Estate Offices.

Local Real Estate Offices are a common conversation topic in Pullman. Local real estate offices are a hot conversation topic in Pullman. I get asked all the time about the differences between each office, how the realtors are different, if we focus on different things, etc. What does make our local real estate offices different? When I did a quick web search, I couldn’t find any real reviews or descriptions for any of our offices! So lets just create one! Having several different local real estate offices gives buyers and sellers diverse ways to find and sell their homes. While…

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