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Extra Realty, Inc.'s Puerto Rico Real Estate Blog (Bilingual)

Informing our present or future clients about the real estate industry in Puerto Rico. WE WANT TO HEAR FROM YOU!

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Informative and Objective. (Bilingual)

December 2009 - Posts

The Rescue
November home sales leap NEW YORK (CNNMoney.com) -- After surging 10% in October, sales of existing homes jumped again in November, growing 7.4% compared with October to an annualized rate of 6.54 million units, according to the National Association of Read More...

by Warren Rodríguez | 0 Comments

Got a Real Estate Question? Ask a Realtor
"Michael" wanted to know how long he can expect to sell his home in today's economy. Kevin Kieffer, a Northern California agent with Keller Williams Realty, explained a well-priced, well-prepared and staged property can sell within weeks, Read More...

by Warren Rodríguez | 0 Comments

A House That Looks Good Will Sell
How to attain curb appeal A house should have curb appeal, they say, but what exactly does that mean? What it means is that, if a buyer drives past a house at 5 or 10 m.p.h., the front of the place should be alluring enough for that buyer to stop the Read More...

by Warren Rodríguez | 1 Comments

HUD ISSUES NEW MORTGAGE RULES TO HELP CONSUMERS SHOP FOR LOWER COST HOME LOANS
New 'Good Faith Estimate' will help borrowers save nearly $700 WASHINGTON - For the first time in more than 30 years, the U.S. Department of Housing and Urban Development today issued long-anticipated mortgage reforms that will help consumers Read More...

by Warren Rodríguez | 0 Comments

How Mortgage Management Affects Credit Scores.
Your credit score , a numerical rendition of your creditworthiness - or lack thereof - should be at 760 or above if you want the best interest rate, according to FICO , the leading credit scoring system provider. Mortgage lenders as well as other creditors Read More...

by Warren Rodríguez | 0 Comments

Myths and Facts about Appraisals.
Consumers tend to have some misconceptions about the appraisal process. If you've ever watched "Antiques Roadshow" on PBS, you're already familiar with the concept of an appraisal. The idea is similar in the realm of real estate valuations. Read More...

by Warren Rodríguez | 0 Comments

Apartment For Sale in Ashford 1000, Condado, Puerto Rico.
Lagoon and ocean view • 3,000 sq. ft., 3 bath, 4 bdrm apartment - $1,550,000 - OBO Ashford 1000, Condado - Astonishing Lagoon and Ocean Views, Well Appointed Finishes, Appliances and Equipments. UNIQUE- Fully Remodeled Sky Residence with Exquisitely Read More...

by Warren Rodríguez | 0 Comments

Condo For Sale in Cond. Varadero, Isla Verde, Puerto Rico.
• 700 sq. ft., 1 bath, 1 bdrm apartment - $170,000.00 - Make a reasonable offer! Cond. Veradero, Isla Verde - Condo for sale in Cond. Varadero in Isla Verde, Puerto Rico. One bedroom (ocean view, though is a lower floor) with large closet, one bathroom Read More...

by Warren Rodríguez | 0 Comments

House for Sale in Ciudad Jardin, Canovanas, Puerto Rico
• 2,500 sq. ft., 2 bath, 4 bdrm single story - $349,500 Ciudad Jardin, Canovanas - Spectacular, bright, fresh, two years constructed house for sale in Ciudad Jardin, Canovanas, Puerto Rico. Property information Read More...

by Warren Rodríguez | 0 Comments

Understanding Points, Rates and Fees
Not only do you have to understand what type of mortgage you should choose, you have to understand the costs associated with your mortgage. All of these costs will be paid upon closing your mortgage. Purchase Points Purchase points, also known as a "buy-down" Read More...

by Warren Rodríguez | 0 Comments

Increasing Seller's Property Value
Understand first of all that there IS a difference between price and value. Price is the amount you are asking for the property. Value is buyer perceived, and this perception of value is influenced by many factors such as location, features, condition, Read More...

by Warren Rodríguez | 0 Comments

Mexican Restaurant for sale in Old San Juan, Puerto Rico.
Excellent location • 700 sq. ft., 2 bath single story - $475,000 Old San Juan, San Juan - Great opportunity to invest in a well established, proven Mexican Restaurant in the exclusive area of Old San Juan, Puerto Rico. Excellent walk in traffic, Read More...

by Warren Rodríguez | 0 Comments

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The Appraisal Contingency
Why it's a good thing The appraisal of a property's value has become a regularly used residual service by homebuyers in the real estate process. However, it can become a tool that is tossed by the wayside in a hot market -- and that's not Read More...

by Warren Rodríguez | 0 Comments

FSBO Woes: Why It's So Hard to Sell Your Own Home.
For most people, a for-sale-by-owner transaction simply isn't in the cards. Granted, some people are able to sell their own homes without the services of a real estate agent. Some of these successful do-it-yourselfers are very experienced home sellers. Read More...

by Warren Rodríguez | 0 Comments