Home Buying Tips

Home Buying Tips That Will Make The Process Fun!

Home Buying Tips That Will Make The Process Fun Many first-time home buyers are overwhelmed with the process, from the initial search, to the stress of financing, and haggling through the final negotiations. Knowing something about all of these aspects is critical. When trying to negotiate the purchase of real estate, don’t be too accommodating or too inflexible. Try to strike a reasonable balance between the two approaches. It can be counter productive to be too aggressive in your bargain hunting. Be firm with your wants, but allow your lawyer and Realtor to be present at your negotiations since they…

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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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CHRIS CLARK Q&A

End of August Q&A with Chris Clark!

It has been a crazy summer, and the weather feels right for another Q&A! Our real estate market is hot as ever, and we still get great real estate questions. Thanks to everyone who submitted a question this week! Without further ado, here’s the end of August Q&A! Submitted by David Willoughby. Q: What is the minimum time that has to be spent in a home, before I can use it as an income property? A: What a great question. Many people get confused by the government’s rules for financing and occupancy. Surprisingly, there isn’t a length of time you must live in the…

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shutterstock_85769425

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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Summer is almost over

Summer is almost over Q&A!

Summer is almost over so its time for another Q&A! August has already snuck up the Palouse! If you still have plans for fun summer activities, make sure you get to them! The real estate market is still super hot in Pullman and Moscow, but we should cool off in the next few months. Now that Summer is almost over lets get to the Q&A! Submitted By Brenda Allen. Q: What is the average interest rate for a mortgage? A: There are many factors that impact interest rates for mortgages. We will just cover a few! One of the largest interest rate…

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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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