For $6.9M, Utah Jazz’s Carlos Boozer’s Mansion is a Steal

August 31, 2009
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In Miami, the waterfront mansion of Utah Jazz forward Carlos Boozer, is now on the market for $6,900,000.

Boozer has an ongoing divorce from his wife, Cindy “CeCe” Boozer, and apparently, it is for that reason why the mansion was listed.

Boozer’s Mediterranean-style house was built in 1996.  According to the county recorder’s “total” amount, it measures 7,002 square feet.  According to listing information, the mansion has five bedrooms, five full baths, two half baths, hardwood floors, a state-of-the-art media room, smart house technology, a security camera system, quality finishes, custom millwork, a gourmet kitchen with top-of-the-line appliances and a large eat-in area, a barrel roof and a three-car garage.  According to…

10 Tips for a Pleasant Working Relationship with Agents

August 31, 2009
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If you are a newbie in the real estate industry, you are at a high risk for misunderstanding a lot of things and even persons—particularly your agent.  Keep yourself out of hot water by equipping yourself with knowledge before transacting with a real estate agent.  This may be a once-in-a-lifetime experience for you.  So here are some protocols you can use to make it a pleasant and smooth one:

1. Understand Agents Work on Commission. Very few real estate agents work on salary. Most real estate agents are paid commission. If an agent does not close a transaction, she does not get paid.  Do not ask an agent to work for you…

Make Your Dream Home’s Seller Say “Yes” Through These Tips

August 31, 2009
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Buying a home takes a lot of patience, some brains, and guts.  Add to that a little bit of acting skills.  If you really want to buy that dream house of yours, then act like you really want it.  Show it in your face, in your gestures, and most especially in the words you will be writing in your purchase offer.  Nothing beats appealing to a seller’s emotions.  Real estate is a very emotional business.  Of course, that’s human nature.  And when it comes to real estate, there are lots of houses and lots, but there are even more humans involved.

So how do you make your seller say “yes?” It…

Mansion in Beverly Hills Once Owned by Ricky Martin is in the Market Again for $26.9M

August 28, 2009
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Latino artist Ricky Martin once owned this six-bedroom mansion in Beverly Hills, Calif. From 2004 until 2006, and now it is back on the market for $26,900,000 since August 5.

That is perhaps the heftiest in our big time listing so far, which is located at 1309 Davies Drive in the BH PO.

According to public records, Martin bought the house in 2004 for $10.9 million and sold it in 2006 for exactly $15,000,000.

Martin owned the house from when he bought it in 2004 for $10.9 million until he sold it in 2006 (before we began blogging) for exactly $15,000,000, according to public records.

Non-celebrities purchased the mansion from Martin, particularly a CEO…

How to Inspect and Maintain a Safe Fireplace

August 28, 2009
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When you’re inspecting a home before buying it, don’t forget to check its chimney.  Make sure that it’s as presentable as it can be for Old Santa to notice next Christmas.  Since you do not know how exactly a good chimney looks like, it would only be smart to hire a professional to check the house’s fireplace.

But of course, the professional inspector can’t be with you forever, so you might as well ask him what to look for in a chimney and how to determine whatever needs a repair.  That way, you will be able to do your own checks and maintenance to keep your unit as good and safe…

Fed Up with a Bad Agent or Client? Here’s How to Fire Him

August 28, 2009
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They say first impressions last—but not in real estate.  Both agents and clients usually manage to make a good impression at first.  Of course, they ought to put their best foot forward for a smooth real estate transaction.  However, we human beings are unique.  Some personalities jive, but there are attitudes that simply don’t.   Some differences complement, but there are differences that clash.  And if that happens between you and your agent or client somewhere along the way, you might want to consider ending your relationship.  In other words, it must be high time that you fire him.

Cut the lines before your agent or client becomes an enemy or your…

2 Ways to Find Out if You Have a Pinocchio Real Estate Agent Before You

August 26, 2009
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“Nobody trusts anybody anymore,” says Julia Roberts in the film, My Best Friend’s Wedding.  And she’s right.  It is difficult to trust anyone nowadays because of the many temptations out there, and that includes the temptation of greed—money—which they say is the root of all evil.  So how does this apply to looking for a real estate agent?

Real estate agents are basically strangers.  The only difference is, these are strangers who know how to make your clock tick.  They know how to keep a conversation going and how to appeal to your emotions for you to hire them.  In other words, they are good at selling themselves even if some…

Buy a Flipper House if the Price is Right

August 26, 2009
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A flipper house is what you call a house that is sold by flippers.  Flippers are investors who buy a home, preferably in its original condition, at a price they hope is under market value in a desirable neighborhood.  And why do they have high hopes as that?  –Because they are going to remodel the home for the least budget as possible and also as quickly as possible to make it as good-looking as new.  They are then going to sell or flip it to an unsuspecting buyer for a bigger price.

Although this seems to be big and easy money for investors, remodeling a fixer and turning it over for…