Caroline Chai's (sttsou) Blog

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Real Estate Agent - RE/MAX Realty 100
RECENT BLOG POSTS
According to Dataquick who tracks home sales activities, California sales in March '08 is up 19.8% comparing to February '08.Data for 03/08Single Family HomesMedian Price Price Change Since 03/07Chino$390K-21.7%Chino Hills $515K-14.3%Diamond Bar $568K-4.6%Hacienda Hts $550K-5.6%Pomona (91766) $37...
04/27/2008
This 4270 sq ft colonial mansion in "The Country" estates was sold in February 2007 for $1.65 million. It was foreclosed by the bank and the lender put it on the market for sale on 04/25/08 for only $1.2 million.Like any other bank owned properties, the house is sold in as-is condition. It has a ...
04/25/2008
It's Friday and Friday is fun! Growing up in a city jungle, it was so surreal when I visited Luang Prabang in Laos last summer.Luang Prabang, a UNESCO World Heritage Site, was ancient royal capital of the Kingdom of Laos on Mekong River. Surrounded by green mountains and jungles, the air is extre...
04/24/2008
One of the most asked questions from landlord is "Can I get more rent for my home since I have 'so and so' upgrades?" Here's the answer to those questions. In our neighborhood, if your home is located in a multi-million dollar custom home community, you can add about 10% to 15% more for the prest...
04/22/2008
Landlord may deduct the back rent and cost of fixing damages form your security deposit. However, landlord can not keep your deposit for normal wear and tear such as worn carpet & chipped paint. Landlord can only deduct the cost of fixing damages that is beyond normal "wear and tear" such as brok...
04/21/2008
If you are looking for a luxury home with acreage lot in an upscale guard gated community, you'll find it in The Country Estates in Diamond Bar.As of today, there are 16 homes for sale and the price is ranging from $960,000 to $5,500,000. Click here to see all of them.Since houses in The Country ...
04/19/2008
I was searching for a pool home in Chino Hills for one of my buyers and I come across this unbelievable bargain couple of days ago.Built in 1998, this 4Br/3Ba 3004 sq ft home has a pool, beautiful 180 degree golf course view and a huge master retreat. It was valued at $820,000 in Summer 2004. I w...
04/19/2008
Who is setting the market price in a down market? To the surprise of many sellers, it is the buyer who sets market price.At today's down market where we are experiencing 10% to 20% drop a year in our area, most houses stay on the market un-sold.When buyer makes an offer to purchase a property, on...
04/17/2008
What happens if you start looking for a rental 2 months ahead and find a perfect home? Most likely landlord will ask you to start the lease in 2 to 4 weeks. From my past experience, here are two possible outcomes:1. You agree to the landlord's request by moving in earlier than what you need to. 2...
04/17/2008
Every time a tenant move out, it will cost approximately 3 months rent to bring in new tenants. The cost includes vacancy, advertising cost in securing next tenant and cost to repair and clean the house in rent ready condition. Therefore, for long term investment properties, it is best for the la...
04/08/2008
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Caroline Chai

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