Real Estate

A Year’s Worth of Advice

A Year’s Worth of Advice

By | December 24, 2013 at 1:10 pm | No comments

By Bruce Cathcart As we approach the end of 2013 we all tend to give one final glance in the rear view mirror at the events that have taken place over the past year before we move forward with plans for the coming new year. With that thought in mind I wanted to review...

Posted in: Columns, Real Estate

Holiday Home Decorating Traditions

Holiday Home Decorating Traditions

By | December 18, 2013 at 1:37 pm | No comments

By Bruce Cathcart Many years ago I had a real taskmaster for a stepdad. Being the “Tom Sawyer of fence painting” type of kid, he would always say to me, “give a lazy man a job and he will find the easiest way out of it!” The good thing about holiday home traditions is...

Posted in: Columns, Real Estate

Termites in the Desert?

Termites in the Desert?

By | December 11, 2013 at 3:35 pm | No comments

By Bruce Cathcart A friend of mine called me the other day and said he thought his wife might be going crazy. I quickly put on my amateur psychiatrist hat and asked, “What seems to be the problem?” He told me that his wife kept waking him up in the middle of the night and...

Posted in: Columns, Real Estate

Paying Off Your Home Mortgage

Paying Off Your Home Mortgage

By | December 4, 2013 at 3:32 pm | No comments

By Bruce Cathcart Is paying off your home mortgage a good idea? I think so. But if you want to start a small riot enter a room full of investment advisors and tell them that you think the best investment is to pay off your mortgage and watch the argument break out! Gold bugs...

Posted in: Columns, Real Estate

Getting All of Your Rental Security Deposit Back

Getting All of Your Rental Security Deposit Back

By | November 27, 2013 at 12:55 am | No comments

By Bruce Cathcart Moving generally sucks and the last thing you need at this time is the additional hassle of dealing with an uncooperative landlord or property manager when it comes to getting your security deposit back. This article will conclude my series on renting and...

Posted in: Columns, Real Estate

Renting A House – Questions You Should Ask!

Renting A House – Questions You Should Ask!

By | November 20, 2013 at 9:13 pm | No comments

By Bruce Cathcart You have located what looks like a great house in a great neighborhood for rent. Hopefully you are working with your trusted real estate agent, but even if you are going it alone there are some important questions that you need to ask before you sign on the...

Posted in: Columns, Real Estate

Renting a House – The Basics Part I

Renting a House – The Basics Part I

By | November 13, 2013 at 12:49 pm | No comments

By Bruce Cathcart Having a trusted real estate agent help you find a house to rent can really make the difference between a positive experience and one where you are left wondering “what the heck did I do wrong?” But having a good working knowledge of the rental basics...

Posted in: Columns, Real Estate

Finding a Home to Rent

Finding a Home to Rent

By | November 6, 2013 at 1:55 pm | No comments

By Bruce Cathcart Your parents are finally kicking you out of the family nest or your apartment is busting at the seams with kids, pets and the “stuff” you have collected over the past few years; either way the time has come for you to find a home to rent with extra...

Posted in: Columns, Real Estate

Vampire REOs and Zombie Foreclosures

Vampire REOs and Zombie Foreclosures

By | October 30, 2013 at 11:57 am | No comments

By Bruce Cathcart In honor of Halloween this week’s article will address “Vampire REOs and Zombie Foreclosures”. These are the two terms coined by the foreclosure tracking company RealtyTrac to describe the latest trend regarding the “Monsters of the Housing...

Posted in: Columns, Real Estate

1031 Tax Deferred Exchanges

1031 Tax Deferred Exchanges

By | October 23, 2013 at 11:14 am | No comments

By Bruce Cathcart Section 1031 of the Internal Revenue (Federal Tax) Code allows for the taxes to be deferred on an exchange of like-kind properties. It is the real estate investor’s best friend when it comes to trading up, diversifying, leveraging or relocating their...

Posted in: Columns, Real Estate

The Government Shutdown

The Government Shutdown

By | October 16, 2013 at 3:25 pm | No comments

By Bruce Cathcart As I write this article “we the people” are still suffering at the inability of “they the politicians” to come to any common sense solution to re-open the portion of the federal government that has been shut down due to a disagreement over the ACA...

Posted in: Columns, Real Estate

All About Title

All About Title

By | October 9, 2013 at 3:54 pm | No comments

By Bruce Cathcart Last week I wrote about escrow and how escrow companies were neutral third parties that coordinated all of the paperwork and participants in a real estate transaction as well as performed the final accounting. One of the most important aspects of every...

Posted in: Columns, Real Estate

What is Escrow?

What is Escrow?

By | October 2, 2013 at 2:56 pm | No comments

By Bruce Cathcart The buyers have found the perfect house and the sellers have accepted the perfect offer and the love fest is about to begin… it is time to “open escrow”! Unlike buying a used car where you meet the seller face to face, drive the vehicle around the...

Posted in: Columns, Real Estate

Breaking Bad

Breaking Bad

By | September 25, 2013 at 1:36 pm | No comments

By Bruce Cathcart You have rented your house out to a seemingly very nice young man whose high school chemistry teacher was diagnosed with 3rd stage lung cancer and convinces him (when their mobile RV laboratory won’t start) to cook methamphetamine in the basement of YOUR...

Posted in: Columns, Real Estate

Home Warranty Policy?  Yes Please!

Home Warranty Policy? Yes Please!

By | September 18, 2013 at 3:40 pm | No comments

By Bruce Cathcart In last week’s article I wrote about the benefits to both buyers and sellers of getting a home inspection report from a professional, certified home inspector before closing escrow on a home purchase. In this week’s article I will write about another...

Posted in: Columns, Real Estate

Professional Home Inspection?  Yes Please!

Professional Home Inspection? Yes Please!

By | September 11, 2013 at 1:56 pm | No comments

By Bruce Cathcart You have finally found the house of your dreams and in this crazy “seller’s market” you were the lucky bidder that managed to get your offer accepted. Congratulations! Chances are you only spent 15 minutes in the house trying to make sure that it had...

Posted in: Columns, Real Estate

The MLS Then and Now

The MLS Then and Now

By | September 4, 2013 at 3:31 pm | No comments

By Bruce Cathcart In America most people today know that MLS stands for the “Multiple Listing Service” which is basically just a data base where participating brokers can publish information about their properties for sale (listings) and offer compensation to other...

Posted in: Columns, Real Estate

Be Careful What You Say

By | August 28, 2013 at 6:22 pm | No comments

By Bruce Cathcart Buyers and sellers in the Coachella Valley seldom meet in a modern real estate transaction these days but when they do it is usually at the initial showing of the home. If they do meet, for some this can be a very awkward moment. For others it can be quite...

Posted in: Columns, Real Estate

FREE Seminar on Real Estate: Learn Before You Buy

By | August 14, 2013 at 7:46 pm | No comments

Come learn the step-by-step details to buying a home in today's market from real estate professionals, Realtor Wendy Campbell of Power Brokers International and officers from an escrow and titlecompany, and lenders. We will take the mystery out of buying a home in today's...

Posted in: Columns, Events, Real Estate

What is a Mello Roos?

What is a Mello Roos?

By | August 14, 2013 at 7:00 pm | No comments

By Bruce Cathcart My virtual email bag with questions submitted by CV Weekly readers has doubled in the past month from one to two… so in order to keep up with this flood of inquiries this week I will answer the one question that actually involves real estate. What is a...

Posted in: Columns, Real Estate

Is That Sunshine You Are Blowing Up My Skirt?

By | August 7, 2013 at 5:02 pm | No comments

By Bruce Cathcart These days I am constantly being asked what is happening in the real estate market. It is a fair question to ask any Coachella Valley real estate broker or agent. In 2005 to 2006 the answer would have been the same from everyone and would have been...

Posted in: Columns, Real Estate

What’s In a Slogan?

By | July 31, 2013 at 3:31 pm | No comments

By Bruce Cathcart For the couple of years now real estate agents have been pounded with ads hyping the need for social media, branding, tag lines, slogans and who knows what else as a means to reach out to the public and differentiate themselves in such a way to attract more...

Posted in: Columns, Real Estate

Let Your Agent Go First!

By | July 24, 2013 at 3:49 pm | No comments

By Bruce Cathcart For the last 16 weeks I have been offering up advice in my articles designed to help buyers and sellers to better understand the current real estate market here in the Coachella Valley and basically how to make good decisions in obtaining their real estate...

Posted in: Columns, Real Estate

Selling in a Seller’s Market

By | July 17, 2013 at 7:09 pm | No comments

By Bruce Cathcart We now know that the Coachella Valley real estate market is a seller's market. That means that there are more buyers than sellers and that the excess demand is forcing home prices to go up. So is now a good time to sell your home? Even though home...

Posted in: Columns, Real Estate

Buying in a Seller’s Market

By | July 10, 2013 at 4:58 pm | No comments

By Bruce Cathcart We now know that the Coachella Valley real estate market is a seller's market. That means that there are more buyers than sellers and that the excess demand is forcing home prices to go up. So is now a good time to even consider buying a home in the...

Posted in: Columns, Real Estate

It’s a Seller’s Market

It’s a Seller’s Market

By | July 3, 2013 at 4:02 pm | No comments

By Bruce Cathcart Everyone has heard that it is a seller's market here today in the Coachella Valley, but what exactly does that mean? Simply put, a seller's market is a market in which there are more buyers than sellers.  In economic terms this means that the demand for...

Posted in: Columns, Real Estate

Finding a Great Agent Step 3, Cont.

By | June 26, 2013 at 2:06 pm | No comments

By Bruce Cathcart Step 1 to finding a great agent involved getting a recommendation from someone whose opinion you trust and then asking them the right questions to see if their recommendation would be a good match for you and your type of real estate transaction. Step 2...

Posted in: Columns, Real Estate

Finding a Great Agent Step 3

Finding a Great Agent Step 3

By | June 19, 2013 at 3:42 pm | No comments

By Bruce Cathcart Step 1 to finding a great agent involved getting a recommendation from someone whose opinion you trust and then asking them the right questions to see if their recommendation would be a good match for you and your type of real estate transaction. Step 2...

Posted in: Columns, Real Estate

Finding a Great Agent Step 2

By | June 12, 2013 at 9:46 pm | No comments

By Bruce Cathcart Step 1 to finding a great agent involved getting a recommendation from someone whose opinion you trust and then asking them the right questions to see if their recommendation would be a good match for you and your type of real estate transaction. Step 2 is...

Posted in: Columns, Real Estate

Finding a Great Agent: Step 1

Finding a Great Agent: Step 1

By | June 5, 2013 at 4:49 pm | No comments

By Bob Cathcart WikiHow (to do anything) online lists 22 steps on how to find a good real estate agent. I am going to cut that down to three steps and help you find a great real estate agent. From last week’s article we pretty much know some of the characteristics that we...

Posted in: Columns, Real Estate

Finding The Best Agent

By | May 29, 2013 at 1:59 pm | No comments

By Bruce Cathcart In preparation for this series of articles I googled "find a real estate agent". I was amazed when my search turned up over 40,300,000 results! The information on this subject available on the Internet is truly overwhelming and ranges from the theoretical to...

Posted in: Columns, Real Estate

Rent Versus Buy

By | May 22, 2013 at 4:17 pm | No comments

By Bruce Cathcart We are all faced with the decision of whether to rent a home or purchase one at sometime in our lives.  Do we pursue the American dream and the pride of homeownership or do we maintain the freedom and flexibility afforded by renting our home?  The Internet...

Posted in: Columns, Real Estate

HOME SALE PRICES UP OVER 100%

By | May 15, 2013 at 10:11 am | No comments

By Bruce Cathcart Yes it’s true!  The average home sale prices in the Coachella Valley are up over 100% when compared to the average home sale prices for homes sold in the Coachella Valley in 1983.  But who cares?  The statistics don’t lie, they just get manipulated. ...

Posted in: Columns, Real Estate

Buy A Lot!

By | May 8, 2013 at 2:37 pm | No comments

By Bruce Cathcart I always liked the bumper sticker that read “Real Estate, buy a lot!”  The play on words gives the double meaning of both buying a lot of real estate and buying a parcel of land referred to as a vacant “lot”.  Both ideas are good ones and looking...

Posted in: Columns, Real Estate

Interested in Interest Rates?

By | May 2, 2013 at 8:46 pm | No comments

By Bruce Cathcart About 38 years ago while a student at UCI and struggling to stay awake in my Econ 101 class I vaguely remember my professor stating, “In a free market the amount of interest paid was the reward relative to the amount of the risk taken”. In plain...

Posted in: Columns, Real Estate