Water Cooler Real Estate
by Real Estate Insiders Cynthia and Jason
CONSUMER REAL ESTATE PODCAST With The Insiders, Cynthia and Jason Lee! Join us weekly as The Insiders take you behind the scenes to help explain the sometimes complicated real estate industry in more relatable terms.Water Cooler Real Estate is dedicated to providing common sense answers and explanations to typical questions and issues posed by consumers (Buyers and Sellers) of Real Estate.The Insiders are Cynthia and Jason Lee, Brother and Sister Team, Company Owners, Managers, and Real Estate Brokers who have participated in and/or supervised on thousands of real estate transactions.WaterCoolerRealEstate provides informative answers based on The Insiders’ opinions, training and experience. With every specific situation, you should consult your local real estate laws and government entities, and seek legal counsel in your jurisdiction.
Episodes
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Factors to Consider When Shopping for a Mortgage
Thinking about Buying a Home? Most people only purchase a home maybe 1, 2, or 3 times in a lifetime. As quickly as the landscape of the Lending Industry can change, you definitely want to make sure you're up to date. In this episode, The Insiders discuss important factors that will go into your...
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Questions to Ask When Hiring a Contractor
Whereas in the 1990's, it seemed like Fixers were All the Rage, many of today's Home Buyers are really looking for Turn-Key homes with upgrades. Whether you are a buyer looking at New Construction, or maybe a Seller, looking to improve your home sale bottom line with some remodeling projects,...
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What's In A Payment?
As a First time or first time in a long time Buyer, typically the most important criteria as to how much home you can afford comes down to your Total Monthly Payment. In this episode, The Insiders break down and explain the 6 factors that make up the complete monthly outlay, when it comes to...
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Tips For Selecting Contractors
Whether you are a Buyer or Seller, you may be considering doing some remodeling or new construction projects. In this episode, The Insiders offer you some helpful tips to think about before you hire a contractor to do the work.
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Location, Location, Location!
The Number One most vital criteria in evaluating and valuing Real Estate is the Location. In this episode, The Insiders discuss various types of Location criteria that Buyers should take into consideration when deciding upon a city or neighborhood to move into, that checks off the most criteria…
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Apps That Help You Move!
Buying and Selling you home can be a stressful, emotional, and rewarding time, especially when you are expected to carry on your "Normal" life at the same time. When it comes time to actually move, the To Do list and time crunch, can really sneak up on you. In this week's episode, The Insiders...
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12 Secrets to Selling Your Home!
Selling your home is one of the largest financial and emotional endeavors most people tackle in their lifetime. In this episode, The Insiders share 12 Secrets of Selling, to boost your knowledge and confidence as you prepare to navigate through your upcoming transaction.
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The Personal Side of Home Ownership
There are many financial reasons to owning a home versus renting. For most Americans, Home ownership is the single most important step in building personal wealth. However, in this week's episode, The Insiders focus on the emotional and personal reasons and benefits of Home Ownership.
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What Is A Seller's Market?
The simple economics explanation of a Seller's Market is when the Demand for Homes outnumbers the existing Supply of homes available for sale in a given Real Estate market. In this episode, The Insiders discuss the signs that are indicative of a Seller's Market, along with various factors that...
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Things You Shouldn't Say to Your Realtor!
"That's Not What Zillow Says!" As a Realtor, our fiduciary responsibilities are to our clients, and so, as a client, you should be able, you Need to be able to talk to us about anything related to a home sale transaction. In this episode, The Insiders list some of the comments and/or questions…
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Buyer Closing Costs Explained
In almost every situation, buying a home is going to require some out-of-pocket cost for the perspective buyer. Typically the down payment amount is self explanatory, and based on your loan. In addition to the down payment, Buyer's Closing Costs are what will ultimately contribute to the overall...
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The Emotions of Selling Your Home
The Real Estate Selling Process can really be a Rollercoaster of Emotions. In this episode, The Insiders discuss the various steps of the selling process, and how these situations lead Sellers to the emotional swings attributed to them. When Sellers can understand that these are Normal, it can be...
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Wire Fraud & Real Estate
The Crooks are getting smarter and our societal never ending quest for convenience are contributing to a major win-fall of money for the Darkside. In this episode, The Insiders discuss how to protect yourself from wire fraud in Real Estate, and why your Real Estate transaction can be an easy, Big…
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Real Estate Listing Status
When Buyers are shopping for homes online. they have access to Real Estate listings with an "Active" status. However, these are not technically all of the homes which are actually Available to the Buyer. In this episode, The Insiders discuss various levels of listing "Status", and explain the…
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6 Market Truths Sellers Need to Know!
When it comes to the Real Estate Industry, regardless of the market, there are some basic "Truths" that Seller's must understand, going into the Home Selling process. In this episode, The Insiders list these 6 primary "Truths" and how Sellers can be the most successful in the sale of their home.
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What is a FIRPTA?
FIRPTA - The Foreign Investment Real Property Tax Act The disposition of a U.S. real property interest by a foreign person (the transferor) is subject to the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) income tax withholding. FIRPTA authorized the United States to tax foreign...
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The Pros & Cons of High Rise Living
In the 70s & 80s, much of the population were seeking the sprawl of the Suburbs. However, now as Buyers are transitioning back to the Big Cities, they are finding that they cannot afford a single family home in the heart of the city. In this episode, The Insiders discuss the Pros & Cons of the…
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Final Walk Through
As a Buyer, if you want to verify Seller repairs or property condition prior to closing, it is VITAL that you include "Final Walk Through" wording in your original offer or your accepted Repair Addendum. In this episode, The Insiders clarify what is allowed in a Final Walk Through, and offer a...
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Weekend Warrior Fixups that Buyers Really Notice!
You know what they say about a first impression . . . As you are preparing your home to sell, you want to maximize your home's first impression to Buyers. In this episode, The Insiders give you some Easy, Low Budget ideas to improve the "Show-ability" of your home to perspective Buyers!
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Five Steps to Safe Selling!
When you are listing your home for sale, you strive to expose your home to the entire Buyers market. Considering this upcoming exposure, there are a few important issues to think about. In this episode, The Insiders discuss how Sellers need to be knowledgeable and practical as they prepare their...
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8 Critical Issues When Negotiating Your Sale
Your home is listed on the market, now you receive an offer. Great News! In this Episode, The Insiders ask Sellers to consider the many terms of the offer, but as important, the current market factors that may affect the overall value of the offer. Each of these issues can and will affect the...
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What's Ahead in Real Estate for 2019?
Buyers and Sellers across the country are wondering what to expect in Real Estate for 2019. No crystal ball here, but The Insiders discuss thoughts and forecasts from national Real Estate Experts, as to the direction the Real Estate Market will head over the next few months.
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2019 Portland Real Estate Preview
Boom or Bust? What to Expect in the coming months for the Real Estate Market in Beautiful Portland, Oregon! In this Special Portland Episode, The Insiders offer a little market history, some of the current market factors, and a glimpse into the future of the PDX Real Estate Market.
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Guidelines for Sellers Home Fixups
So, you have decided to sell your home. Naturally, one of your first steps in preparing your home to sell is going to be DIY projects throughout the house. In this episode, The Insiders discuss which of those projects you should do, which projects will add value, and other projects you should avoid!
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Episode 46 - 3 Steps for Selecting A Home
Every Buyer would LOVE to get a $Million home for $250,000. In today's episode, The Insiders discuss 3 easy steps to help Buyers make the Home Buying Process as fruitful and as painless as possible. Buyers need Expectations, Objectives, Goals, Prioritizing & Protections!
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Episode 45 - Home Photos: Getting Buyers to Your Door
Homes aren't SOLD online, but they are Eliminated! In this week's episode, The Insiders discuss that often times Less is truly More when presenting home photos online. When Sellers understand that the SOLE object of marketing and promoting a home online is to get Buyers through the door, it then...
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Episode 44 - 5 Buyer Steps to Save Thousands
If you are going to be buying a home in the near future, this week's episode is VITAL! The Insiders touch on 5 easy steps to save you Thousands of Dollars in your upcoming purchase.
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Episode 43 - Tax Advantages of Home Ownership
As an important Real Estate Mogul (Dru Wilkinson) often said, "Paying Rent is just Throwing Money Down a Rathole!" In this week's episode, The Insiders compare and discuss Rent Payments vs Mortgage Payments, and how the Tax Benefits can allow Home Owners to justify the larger payments, as well as...
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Episode 42: Understanding Value of Price/sf
When you are out looking for a new home, one way to compare one home vs another is Price/sf. Unfortunately, often times, Buyers trick themselves in to thinking that a lower price/sf is always better, and sometimes Buyers ultimately end up giving price/sf too much weight in their home purchase...
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Episode 41: Financing Don'ts
You have found a home, you are now working with the Lender to get all of the financing documentation in order. In this week's episode, The Insiders welcome Robin Weirich of SecurityNational Mortgage Company to discuss the Top 10 or so Pitfalls and Blunders that Buyers mistakenly make that will...
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Episode 40: Stigmatized Properties (Death Discount?)
How do death, ghosts & crimes affect home Values and market times. In most states, Sellers are required by law to disclose known physical defects in a home for sale. However, in this week's episode, The Insiders discuss the concept of Baseless Psychological Factors such as ghosts, spirits, and...
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Episode 39: 5 Quick Buying Tips
For Your Listening Pleasure during the Holidays, The Insiders offer Five Quick Buying Tips to make sure you're prepared for your upcoming home purchase, and to ensure an all around pleasant Home Buying Experience.
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Episode 38 - Improving Curb Appeal
You never get a second chance to make a First Impression! In this episode, The Insiders talk to Sellers about 10 great ideas to improve the curb appeal of your home, in order to maximize the first impression for prospective Buyers.
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Preparing To Buy - Financing Guide
Are you considering Buying a home? Have you met with a lender to discuss financing? In this week's episode, The Insiders welcome Robin Weirich of SecurityNational Mortgage Company to discuss purchase preparation subjects such as credit reports and scores, credit line balances & limits, budgeting,...
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Episode 36: Professional Home Inspection
What to Expect when you are Inspecting! In this week's episode, The Insiders welcome in our guest Gordon Tolbert of AmeriSpec Inspection Services, to talk about the home inspection portion of the Home Buyer's vital due diligence period. Gordon discusses the inspection process, inspection tips,...
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Episode 35: Sewer Inspections & SewerScopes
Hopefully this has never happened to you, but if it has, there are very few things worse than when the sewer backs up into your home. In this week's WCRE episode, The Insiders welcome Greg Bailey of Apex Home Inspections, as they discuss the Dirt on Sewer Inspections. Since the industry is mostly...
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Episode 34 : Escalation Clause
As a Seller, the best scenario is when you get multiple offers competing with each other for your home. Sometimes, one or more of the offers may have what is called an Escalation Clause. In this episode, The Insiders explain the Escalation Clause and discuss how best to evaluate these offers and...
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Episode 33: Evaluating Multiple Offers
In the perfect Seller situation, once your home goes on the market, you hope to get an offer within a relatively short period of time. Even better, is when you actually receive multiple offers. In this week's episode, The Insiders discuss Evaluating Multiple Offers. They discuss ranking offers by...
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Episode 32: Preparing For An Open House
This week, The Insiders offer tips and advice for Sellers, helping them prepare their home when their Real Estate agent is having an Open House. It is best to appeal to all of the senses, and The Insiders offer some easy, yet effective ideas.
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Episode 31: Seller Counteroffers
In this week's episode, The Insiders discuss the mindset of a Buyer, when they have received a counter offer from the Seller in a Real Estate Negotiation. The Insiders outline strategies on how to address the most common terms in a Buyer's Counteroffer, with the intent of getting a Seller Counter...
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Episode 30: Upgrades vs Updates
In this episode, The Insiders discuss some common home Improvements and debate if they are Upgrades (Add Value) or simply updates or maintenance repairs which don't add value, but are sometimes necessary for Buyer financing.
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Episode 29: Evaluating Real Estate Offers for Sellers
Your home is on the market, now you get an offer. In this week's episode, The Insiders cover the basic terms of the offer that you, as the Seller, should consider, evaluate, prioritize, and ultimately utilize to make your overall selling decision as to accept, reject, or counter the offer.
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Episode 28: Buying Vacant Land
The Insiders discuss many topics related to buying vacant land. In this episode, The Insiders focus on buying a single lot or parcel of land for building a single family residential home. They cover cost ratios, build-ability, builders, zoning, and other important issues to consider.
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Episode 27: Home Owners Associations
The Insiders discuss the Good & the Bad of HOAs, including all of the important documentation you need to review when placing an offer on a property that is affiliated with a Home Owners Association.
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Episode 26: Condominiums
In this episode, The Insiders discuss many of the advantages, disadvantages, and other aspects to consider when buying a condominium. They also touch on the Condo lifestyle, types of condos, amenities, Home Owners' Associations, and many other important issues to investigate when you are...
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Episode 25: Wood Burning Stoves
In this week's episode, The Insiders discuss the Health Hazards of Wood Burning Stoves, along with many of the State & National Regulations of Wood Stoves which may affect Buyers and Sellers in a Real Estate Purchase.
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Episode 24: Mold & Interior Air Quality
Poor interior air quality can substantially affect your family's health. When you have found a home you want to purchase, during the inspection period, one of the more serious issues you need to investigate is the interior air quality and the potential issues that may cause mold or other…
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Epidode 23: To Stage or Not to Stage
In this week's episode, The Insiders speak to Sellers about the concept strategy of staging, staging options from "De-Cluttering" to whole room furniture replacement, as well as discussing the documented benefits of staging a home, prior to listing.
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Episode 21: Lead Based Paint - Hazards & Documentation
The Insiders discuss the potential hazards of lead based paint in your home, as well as reviewing the federally required documentation for Buying/Selling homes built before 1978.
About this show
CONSUMER REAL ESTATE PODCAST With The Insiders, Cynthia and Jason Lee! Join us weekly as The Insiders take you behind the scenes to help explain the sometimes complicated real estate industry in more relatable terms.Water Cooler Real Estate is dedicated to providing common sense answers and explanations to typical questions and issues posed by consumers (Buyers and Sellers) of Real Estate.The Insiders are Cynthia and Jason Lee, Brother and Sister Team, Company Owners, Managers, and Real Estate Brokers who have participated in and/or supervised on thousands of real estate transactions.WaterCoolerRealEstate provides informative answers based on The Insiders’ opinions, training and experience. With every specific situation, you should consult your local real estate laws and government entities, and seek legal counsel in your jurisdiction.
Hosted by
Real Estate Insiders Cynthia and Jason