Using past sales to support an offer?
Q. I’d like to know your opinion on using past sales as comps to submit an offer. With the quick slide downward since 2007, would it be accurate to say that 2007 sales are pretty much invalid? If there have been April/May 2009 sales for similar homes in the same [...]
What is the value and limitations that come with owning vacant land?
Question: I am considering buying a nice home on a half-acre lot in a high-end California subdivision. All homes in this subdivision are built on half-acre lots. However, this subject home is special in that there is a designated non-buildable, open-space area of 8 acres across the street from this [...]