S.E.C. Real Estate Observer

Many things have been written and said about real estate counseling. Here are some random questions which should be answered prior to exposing the property and the client to the marketplace…

Frankly, it is very easy for the American public to buy a home which can be acquired from “nothing down” to “very little down.” The bright side of the picture is the fact that “little or no capital” is required for the initial down payment. However, the other side is that the monthly principal and interest is high. Few buyers take into consideration the inflationary cost of water, gas, electricity and other utilities.

Did you ever roam around a new subdivision and see all of the homeowners putting in their lawns, and right in the middle of the subdivision are two vacant lots? The developer knows the value of “finders keepers.”

Creative financing is the soul of real estate problem solving. It implies the use of a promissory pur¬chase money note secured by a mortgage on some parcel or parcels of real estate in some degree that is acceptable to both parties of the transaction. At first, you would think the successful degree to which this concept can be employed is limited only by the imagination of the problem solver and the motivation of the property owner…

Most real estate practitioners believe they are counseling now. Nothing could be farther from the truth…

Mr. and Mrs. Seller had purchased an industrial parcel of land some five years ago for $200,000…

The Real Estate News Observer will leave it up to you as to whether this offering is an editorial, forecast, or an advice and idea article…

Cash is not a forgotten word in exchanging. It is not a bad or dirty word. Like many courses of events, exchanging sort of took root in Oregon about 1960 – and while slow to grow and prosper, by the turn of the decade it had become something entirely different.

The essence of good publicity is involvement. Realtors must get involved in things other people are doing if they expect to get publicity.

A smile costs nothing, but gives much. It enriches those who receive, without making poorer those who give.