Archive Monthly Archives: May 2007

1031 Exchange may not be so sweet a deal down the road

I run into a lot of investors looking to take advantage of the 1031 Exchange. If you’re not sure what a 1031 Exchange is, there’s a good article about the 1031 Exchange on the Texas A&M Real Estate Center website. As the article states, “the key advantage of a 1031 exchange is that it allows […]

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Appraisers Feel More Pressure to Boost Values

This story below outlines some of the problems appraisers are having with being pressured to over-value homes. Most of the pressure comes from Lenders, but increasingly they feel it from Realtors also, according to a recent survey of appraisers. The problem appraisers have in a rising market is that appraisers are tied to a strict […]

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Brokerage Firm Stops Posting Home Reviews

Saw this today in the Wall Street Journal. The Discount Broker Redfin has stopped allowing members of the public to post comments about MLS listings on the Redfin site. They’ve been fined $50K by the local MLS in Seattle. Interesting. Seems kind of creepy to me – many of the comments the hired “reviewers” would […]

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Dear Steiner Ranch Open House Realtor

Dear Steiner Ranch Open House Realtor, It would be a really, really good idea to make arrangements for the Seller’s barking, growling dog to NOT be left roaming inside the home during your open house. Saying to people “he doesn’t bite” as the dog emits a low guttural growl – and shows teeth – isn’t […]

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Understanding the History of Texas Property Taxes

The current issue of Tierra Granda magazine has a wonderful overview of the history of Texas Property Taxes. It discusses how things used to be, what happened to cause changes, and where we are now. It also explains the protections in place against rising tax burdens for Seniors. Most people don’t know this, but Seniors […]

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