and it’ll be waiting when you retire.
3. They can provide extra monthly income and pay for themselves. Purchasing a vacation home in a desirable holiday location provides you with a get-away, and can provide extra money each month.
4. They’re a good way to diversify your portfolio. Most of the money investors make on vacation homes is when they sell them. It is said that you make money in real estate when you buy, so it’s vital to not over pay, and be prepared to hold for a few years as values rise.
A word of caution: You’ll want to do your research, talk to others who own vacation homes, and do a careful analysis of the finances. But if you value the above factors, then buying a vacation property might be a smart move for you.
Sane Reasons to Own a Vacation Home
front porch news
By Bob Georgiou 925-980-3248
“I Wonder What They’re Asking for that Home”
When you’re wondering about the price of a home you’ve seen for sale, don’t wonder. Instead, call or text me for answers: 925-980-3248
Help them discover what they need to do to buy. Please encourage them to call me for a life-changing appointment!
The Father’s Day Tie
This Father’s Day, thousands of neckties will be given by loving children to beloved fathers.
But have you ever wondered how this style trend evolved? After all, the necktie is purely decorative. It doesn’t keep us warm or dry, and does not add comfort. Yet men around the world love wearing them. Here’s a quick history of the origin of the necktie to share with dad along with his gift this June 19.
Most sartorialists (people interested in the way clothes are tailored) agree that the roots of the necktie are found in the 17th century. During the 30-year war in France, King Louis XIII hired Croatian mercenaries who wore a piece of cloth around their neck to tie the top of their jackets together.
The cloth had a striking decorative effect that King Louis liked so much, he made it an accessory for Royal gatherings. To honor Croatian soldiers, he gave this piece of cloth the name “La Cravate” – the word for necktie in French to this day.
~ Source: www.tie-a-tie.net
Owning a vacation home conjures images of wealthy land owners moving households to summer estates. But vacation homes can be anything from a studio condo to a cabin in the woods to a house boat. Here are four compelling reasons to consider buying a vacation property:
1. They give you a solid place to return to year after year. A family vacation to a familiar spot offers roots, which can be especially important as families move around throughout life. Consider buying something near outdoor activities, like skiing or fishing, which become part of your family memories.
2. They can serve as retirement homes. If you’re not ready to move to an impractical, but beautiful locale, consider a vacation home that you can buy cheaper today than when you retire. You can rent it to others when you’re not using it,
RE/MAX Accord JUNE 2016
In a prison somewhere in a desperate country, three new prisoners are brought into a large bathing area and told to stop in front of an officer.
Behind the officer are three bathtubs, each equally full of soapy, dirty water. On the floor in front of the officer are a cup, a ladle, and a thimble.
The officer waves to the tubs and says, “This is where we wash the unlucky prisoners who work the coal mines. Each day these tubs must be emptied and refilled repeatedly. I want you each to empty one of these tubs now. Whoever empties his tub fastest will become the foreman overseeing the others.” Being foreman means less work and extra food, so the strongest prisoner quickly snatches the cup from in front of the officer and starts emptying one of the tubs.
Almost as quickly, a second prisoner grabs the ladle and
rushes to the start madly emptying the second tub. The
Third prisoner looks at the thimble with a puzzled
3 European Countries to Buy Rental Property
Portugal. Prices are undervalued and rental returns are good. This is one of Europe’s most popular tourist destinations.
Albania. Mediterranean climate and astonishingly low prices. The economy is rising, bringing property values with it.
Romania. Massive regeneration and infrastructural investment is predicted. Beautiful countryside.
June Quiz Question Dogs & cats sweat mainly through which part of their bodies?
Last month, you saw an article about creating memorable passwords. Now here’s a way to use passwords as a tool for making changes in your life.
Several years ago, a young man named Maruicio Estrella found himself in an angry depression due to a recent divorce. The final straw seemed to be one day when he walked into his office and was faced with a “Your Password Has Expired” message on his computer.
As he was resetting it, he had a sudden insight. He came up with the password Forgive@h3r (forgive her). The constant reminder over the next 30 days as he typed in his password every morning seeped into his subconscious. It had a healing effect on him.
At the end of 30 days, he changed his password to Quit@smoking4ever. According to Estrella, he quit smoking overnight. Here are some other passwords he has used since, and his results:
Save4trip@thailand. I went 3 months later.
Sleep@before12. It worked. Got lots of sleep.
No@drinking2months. It worked, felt great!
Eat2times@day. Never worked, still fat.
expression. Then he walks past the officer to the third tub. He reaches inside and pulls the plug, quickly draining the water.
“Right, then.” The officer says to the third man. “Get these two moving. You’re in charge now.”
Moral of the story: It often pays to look beyond the obvious solutions.
June 2016 Bob Georgiou • 925-980-3248
Story: Overlooking the Obvious
Like the negotiating problem called the Prisoner’s Dilemma, there are always going to be trade-offs when you have a home to sell and buy at the same time.
I’ve got a list of common trade-offs and solutions that can help you make a decision. Text or email me for a copy and I’ll email it to you:
Some of the Oddest Places to Live
Remodel the Bathroom under $250
Updating a bathroom is a home improvement project that adds value, as well as comfort. But according to some experts, an average bathroom remodel can cost around $10,500.
If dropping that much is light years away from what you can afford, the good news is that you can do a lot with less than $250, if you do the work yourself.
Stick to light cosmetic changes, like a new light fixture ($95), a new faucet ($75), refreshed grout ($15 plus sweat equity), and fresh paint ($25), along with a new shower curtain and bath rug ($40).
Also consider painting the vanity, resurfacing an old tub, or replacing flooring. Sometimes one big change makes all the
Buy First, then Sell...or
Sell First, then Buy?
Slab City, California: There are no signs leading to Slab City, east of Los Angeles in the desert near the Salton Sea. Dubbed “The Last Free Place in America,” Slab City is really a semi-permanent campsite inhabited by squatters from across America, and has a reputation for rough living.
Coober Pedy, South Australia: Located in the scorching Australian outback, the cool underground town was established in 1915 following the discovery of opal. The town offers underground churches, stores, galleries, and an award-winning 4-star luxury hotel.
The Villages, Florida: The largest gated retirement community in the world is home to more than 100,000 people over age 55. It has more golf carts than cars and no children are allowed. Unofficially dubbed “Disney World for Old People,” there are 10 women to every man and there is a black market for Viagra.
Matmâta, Tunesia: Inhabitants have dug deep pits into the ground and then tunneled into the side walls to create their homes. The existence of this community remained largely unknown until it became the location for Luke Sky Walker’s home on the planet Tatooine in the Star Wars film.
You Can Win a $10 Coffee Card
It’s easy! Answer the quiz question on page 2. Each month, all
correct entries have a chance of winning a FREE $10 coffee card. Put
the word QUIZ in the subject line and send it to: firstname.lastname@example.org
• Last month’s quiz: What can be seen at the end of January, February, May and July that can’t be seen in any other month?
• Answer: The letter Y.
Last month’s winner:
June 2016 Bob Georgiou • 925-980-3248
Most sellers, me included, are annoyed by low-ball offers. We’re more willing to negotiate with an offer 1% to 3% under our price, than a low-ball offer at 4% or more under. If you get a low-ball offer, how should you respond?
It helps to see low-ball offers as an opening gambit to a negotiation. If you’re negotiating from a position of strength—you’ve priced accurately; your marketplace is strong; and you have time to wait—then you are in control. You can choose to ignore the offer, or counter it. I suggest countering in most cases, because a buyer might be testing the waters, and may be willing to come up—even to your asking price.
However, if you’re negotiating from a position of less strength—your price is high;
buyers are scarce; or you need to sell quickly—then you are still in control. You can still
counter whatever you like. Never allow an offer to control your starting position
in a negotiation. It may be the right offer, but use facts to determine
that, not reaction. Want a tough negotiator on your side?
Call for an appointment:
Bob Georgiou • 925-980-3248
This newsletter is for entertainment purposes only. Credit is given to the authors of articles that are reprinted when the original author is known. This information is solely for entertainment, and should not be substituted for medical, legal, financial or tax advice. Do not hold us responsible for actions
you take without proper medical, financial, legal or tax advice. This is not intended as a solicitation of listed property.
The Best Response to Low-Ball Offers