Coachella Valley Real Estate Blog

My Mission

2007-02-13T20:07:00Z

My mission is simple:

To exceed the expectations of home buyers and sellers

How and Why Do We Sell So Many Houses?

2007-02-13T19:59:00Z

1. The Lori Bowers Group works eveyr day- 365 days a year !

2. We answer our phones and return calls !

3. We advertise and markt our properties aggressively- over 28 ads each month !

4. We work with ALL price ranges and ALL markets- first time homebuyers, move up sellers and buyers, investors, second/vacaton homes & High-end homes !

5. We offer our clients top notch, full service that includes our own team transaction coordinator ?Michelle: , house staging, home repair, home maintenance, and much more !

6. We are great with creative deal making and financing !

7. We continuously train and improve our skills!

8. We are not afraid to think outside the box and try new approaches and techniques !

As the market changes, so do we. We continue to "sharpen our saws" by actively participating in seminars and workshops that help us help our buyers and sellers. Always striving for perfection , each member of my team is committed to enhancing their skills and increasing theknowledge needed to provide each of you with exemplary service and total satisfaction. We are truly a group of dynamic agents who constantly stretch ourselves to be the best we can be- for you!

Seller get cold feet- Can they back out?

2007-02-13T01:50:00Z

Here’s the situation

Buyers agree to purchase house at 127K in March 06 to close deal in June 07.

They put $5,000. non-refundable down payment, & get agreement to occupy / rent at $500. per month until closing. No contingencies, conventional finacing.

Loan application timeframe was initialed as Not Applicable on contract. Buyers represented they had cash or means to close in June of 07

Fast forward to Feb 07 Buyers call sellers & seller’s agent to say we found another place to buy we are not going to buy this place.

Seller asks buyer in written letter to prove they cannot get financing. Buyers do not provide proof.

Buyers are close to or already have closed on new $110K house. Realtors handling that deal are aware of the prior contract.

Prior contract has not been nullified.

Sue for damage’s? Anybody been here done that? Seems like fraud on there application for financing for new house?

All input appreciated even if it hurts

Now is the time for buyers to Move !!

2007-02-10T23:12:00Z

My clients keep asking me if the timing is right to buy or should they continue to wait for prices to drop.

I always ask them two things:

Do you plan on holding on to this home for at least two years?

Are you planning to finance any part of this transaction?

If the answer was yes to either of these questions, then there is no better time than now to buy. Interest rates are remaining at historically low points. There is a lsignificantly arger inventory of homes than have been available in some time which means sellers are motivated to make a deal. Don't be fooled into thinking this market is in a downward sprial and than sales prices are plummeting. In fact, sales prices overall in this valley continue to creep upward and recent analyses predict an approximate 8% increase in sales prices for 2007.

So if you've been waiting around, wait no more..........Get off the fence and into the game!