Now Might Be The Time To Buy Down In Big Bear Whenever market values increase and the equity in your investment property starts to grow, buying up in Big Bear can be a great way to put yourself in a position to grow even more equity. However, not everyone has the desire to take on the additional responsibility that comes with owning a bigger investment property. Some people want to simplify Continue Reading
New Big Bear Real Estate Website
New & Improved BigBearRealEstate.com Gives You The Insider Edge On Big Bear Real Estate Investing We are excited to announce the launch of the new sleeker, more functional, easier-to-use BigBearRealEstate.com! In today's real estate market, consumers want more than just the ability to view property listings. The truth is that the big data-aggregating sites such as Zillow and Redfin do not Continue Reading
How Accurate are Zillow Home Value Estimates in Big Bear?
By Rick Hackney, Hackney Appraisal Service - 7/2/2017 Zillow is one of the most popular websites for real estate information. You can enter an address and get an estimate of the home's value called a "Zestimate". These computer generated value opinions are often taken as gospel and are regularly quoted to real estate agents by buyers to challenge high asking prices and sellers Continue Reading
Selling Your Big Bear Vacation Rental Property
4 Ways To Maximize Return When Selling Your Big Bear Vacation Rental Property Is it time to sell your revenue-generating vacation rental property? You don’t have to stop receiving a return while your property is being marketed for sale. In fact, a savvy buyer may find that an active vacation rental is attractive and may pay a higher price. It is possible to have your cake and Continue Reading
Pre-Listing Appraisals A Good Idea in Big Bear
Should I get an appraisal of my Big Bear cabin before listing it for sale? By Rick Hackney, Hackney Appraisal Service If you’re working with a Realtor to list your property, most likely they will provide you with a CMA (comparative market analysis) that identifies recent comparable closed sales, properties in escrow, current listings and expired listings. This is an important step in getting Continue Reading
Big Bear Heats Up This Winter
Big Bear Heats Up As Temperatures Drop Big Bear is abuzz. Every year, there is always excitement about winter's arrival in our beloved mountain resort... but this year it's different. Things are happening. El Niño - Winter Storms Winter is here. The weather predictions are becoming reality. Weather forecasters have been predicting an El Niño that will bring Continue Reading
What Is A 1031 Exchange?
The tax-deferred exchange Section 1031 is a section of the Internal Revenue Code that allows investors the option of swapping one investment property for another with little or no tax due at the time of the exchange. An investor can essentially change the form of his or her investment without "cashing out" or realizing a taxable capital gain. Exchanges not only protect investors from capital gain Continue Reading
Top 10 Home Projects To Recoup Costs At Resale
Which home improvement projects offer the most return on investment? To maximize the resale value of a home, homeowners should consider doing improvement projects that will give the most bang for the buck. The cost of the improvement should be compared with the value it is likely bring when the home is resold. The infographic below, provided by the California Association of Continue Reading
