Thursday, 19 June 2008

The Real Estate Market - You Just Have to Laugh

By Hal James

Whether you are a homeowner, potential buyer or someone working in the real estate industry, it has been a very rough couple of years. The market will eventually turn around, but it is going to take some time. Until then, you might as well laugh!

I listed a maintenance free house. In the last 25 years there hasn't been any maintenance.

Definition of "potential" in real estate ads - Grim. Steer clear unless you have a lot of money and believe your blind dates really did have nice personalities. See "Ready to Rehab," and "Fixer Upper."

The dream of the older generation was to pay off a mortgage. The dream of today's young families is to get one.

This country is great. It's the only place where you can borrow money for a downpayment, get a 1st and 2nd mortgage and call yourself a homeowner.

Q: When is a one-story house a two-story house? A: You get one story before you buy and the second story after.

My real estate agent always gives 100 percent: 12% Monday, 23% Tuesday, 40% Wednesday, 20% Thursday and 5% Friday.

When A real-estate agency hadn't sold our house, we decided to do it ourselves. I placed ads in the local papers, spray painted a "For Sale" message on a and posted it outside. When my husband came home, he told me, laughing, that my sign was the most truthful one he had ever seen. In my haste I had printed - "For Sale by Ower."

The definition of Homesickness - What you feel every month when the mortgage is due.

Definition of "one of a kind" in real estate ads - Architect was a heroin addict. So ugly, the neighbors are pooling money to have it demolished!

My buyer told me that he lived in the same house for 10 years. When I checked, I found out he'd still be there today if the Governor hadn't pardoned him.

Nature is all about cycles. Real estate is hardly natural, but it shows the same cycles. Things were red hot five years ago and will be red hot again in a few years. Just hang in there and keep a smile on your face until things come back your way!

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