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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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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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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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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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