Published at Friday, February 01st, 2019 - 12:22:03 PM. House. By .
Facts About the Four Major Feng Shui House Types : Classical feng shui students learn about the four major house types within the first few days of instruction. These houses are described in broad brush strokes. Two of the four are supportive for health and relationships and two are not. Two of the four are supportive for financial luck and the other two are not. But to place too much emphasis on these four categories of house types, is like judging a book by its cover or a painting by its frame. In the 20th century, these four house types were given catchy descriptions, translated from more non-literal Chinese terms, whereby we have one house type that is now labeled good for people/good for money (aka Wang Shan Wang Shui). The exact opposite house type is referred to as Reversed, as in the reverse of the best house. Then there are the two mixed house types, with one being deemed good for people/bad for money (Double Sitting) and the other one good for money/bad for people (Double Facing.) In reality, we know that life is more complicated, and yet we all know someone who is wealthy, but unhealthy or wealthy but very unhappy. We also know of people who are strong physically and mentally, with loving family members and close friendships, but maybe chronic financial struggles. So it is easy to assume that these four major house personalities cast their influence on the occupants to create these real discrepancies. In studying Xuan Kong Fei Xing, there are actually 144 different house charts, but these 144 flying star charts can all be grouped into the four major categories. These categories are determined based on when a house was built and what direction it is sitting or facing, so it is not like seeing a house with certain physical characteristics which would be so obvious. One of the most frustrating things I encounter frequently is a prospective client who wants me to assist them in house hunting and they have heard about this good for people/good for money house and they only want to live in that house type and no others. This is a very myopic way to go house hunting since what qualifies as good Feng Shui overall is based on a lot of criteria which is not determined based solely on the houses orientation or year built. In fact, there are so many instances when a floor plan lay-out is flawed, that it seriously undercuts or over-rides the nature of the so-called best house of these four major categories. For example, I had one client whose house was deemed this Wang Shan Wang Shui (good for people/good for money house type.) Meanwhile, the actual floor plan demonstrated that the bedrooms, entrance and home office were in the worst parts of the house. To backtrack a little, it should be understood that no house on the planet has all inherently positive areas. On average, there are about four of the total eight basic directional zones in any structure that are considered better or worse than the others. Here is a specific example: For a house which was built in 1985 and facing south between 160-170 degrees, the best locations (in the flying star chart) will be in the northwest, north, northeast and east sectors. The other directions (west, southwest, southeast and south) are not as inherently positive in the current times for that particular house type. So at this point, we have not even studied the floor plan. We are just speculating about the most positive influences for that one house, being one of the 144 total flying star charts to consider. So with this house in mind which was supposed to be so good, that client had perpetual financial problems, marital woes, problems with his children, legal issues, kidney problems for both husband and wife, as well as a serious burglary where they lost valuables totaling $100,000.00. So, I would not call that a good for people/good for money house. In contrast, I have a client who enjoys world-wide fame as an actor in TV and film and yet he lives in a Reversed house type, which is supposed to be bad for people and bad for money. He has a happy home life and does quite well in his career which has spanned more than 30 years. So, how is that possible? Well, aside from destiny which over rides Feng Shui, this man happens to naturally dwell in the most positive parts of his house instead of the most negative parts. His bedroom and office and convenient back door entrance totally support his good fortune. This is why I sometimes beg my clients to provide me with a floor plan when they are house hunting. So many people get the mistaken impression that all I need is an address, to look up the year built and compass reading on the internet. Without a floor plan to study, about 80% of the information is missing or based on guesstimates. So, now I hope I have well established that the four major house types cannot and do not predict exactly what kind of fortune or misfortune the occupants may experience. The basic house type must be collaborated with the unique floor plan, and understanding of qi flow, the impact of the immediate exterior environment and even personal compatibility with the house based on the occupants birth data and occupation. The lesser known fact about the four major houses styles still eludes many long time practitioners. And that important fact is that the four house types do not retain their status into perpetuity. Many practitioners assume once a Reversed house, always a Reversed house. And they assume the same fate for the other three house types. But this is actually, technically not so. What established the four major house types to begin with is based on criteria relevant to the Period in which a house was built. Once a house surpasses its own Construction Period, it relinquishes its title as one of the four major house types. For example, Period 5 was from 1944 through 1963. For houses built during that 20 year Era, they are referred to as Period 5 houses. However, they are no longer the Wang Shan Wang Shui, Reversed, Double Sitting or Double Facing house type that they originally were. In each 20 Year Era, there are sixteen different house types based just on orientation and then they get further grouped into the four major house types. However, after 1964, those Period 5 houses ceased to be defined by those definitions. In Period 8, which is from 2004 through 2023, we have houses built during this time frame which are correctly classified as one of the four house types, but those terms will end in 2024 when Period 9 begins. At that point in time, only Period 9 houses will qualify as one of the four major house types. Houses from all other Periods are exempt. We have 9 Periods that each last for 20 years. This means that most houses are not one of the four major house types, even though it sounds like a category that all would fall into.
How To Price A House When Selling A House By Owner :If youre thinking about selling a house by owner, otherwise known as for sale by owner (or FSBO), one of the primary factors that will determine your success is how to price a house. Setting your price too low, will get your house sold quickly but will transfer wealth (in the form of equity) from you, the seller, to your buyer. Set your price too high and you will have too few prospects looking at your home and even fewer offers. Set the price way too high, and many buyers may feel that as the owner, youre set on your price and will be difficult to work with. As a result, they may decide its just better to not even bother with your house. So, if your goal as a seller is to capture as much equity as possible by getting as high a price as possible for your home, then you need to understand the factors that buyers will take into account when determining what is a fair value for your home. There is a normal tendency by homeowners to overestimate the value of their house because its very hard to be impartial to the house. Lets face it, as a homeowner, weve lived in it for many years, made improvements to the house, invested our hard-earned money in it to make it better and more comfortable, and now we feel that its a great home to live in and anyone looking to buy it should see that. And because homeowners have such a stake in the outcome of the sale, its sometimes hard to accept some cold hard truths. The most difficult concept for homeowners to understand when considering how to price a house is the concept of Supply and Demand. When there is high demand for a product, and not a lot of supply, the product is scarce and so people are willing to pay MORE for the product. Because theyre willing to pay more, the product is worth more. When the demand for a product is low, and there is a large quantity of the product up for sale, the price people are willing to pay will be much lower because they can easily get their hands on the product of their desire. The same concept applies to your house. When the number of buyers looking for houses is greater than the number of houses available for sale (or the supply of houses for sale), the demand is greater than the supply and homeowners will be able to get a higher price for their house. When there are more houses for sale than there are buyers, the supply exceeds the demand, so prices will be forced lower. A good way to measure supply and demand of housing in your area is to ask a local realtor about the absorption rate for your area. The absorption rate is a measure of the local areas ability to absorb the supply of houses on the market and is calculated by dividing the number of houses on the market for six months and dividing it by the number of houses that sold during the same period. For example, if there were 1200 homes for sale over the course of a year, and 100 homes sold every month, it will take 12 months to sell all of the homes currently for sale. If the absorption rate indicates that it will take 6 months or less to sell the available supply of houses on the market, the demand is said to be greater than the supply, and it is termed a Sellers Market. Conversely, if absorption rate indicates that it will take more than 6 month to sell all of the houses on the market, then the supply of housing is greater than the demand, and a Buyers Market will be in place. A Buyers Market leads results in homeowners having to accept lower prices for their homes in order to sell them. The second most important factor that buyers consider when looking for a houses is what value they will be getting for the price of YOUR house compared to the value they would get if they bought someone elses house at a similar price. As an example, consider the following question; would you pay $75,000 for a car thats designed and built for just basic transportation - low horsepower, manual features, and a minimalistic interior? The most likely answer is probably not because you can get a luxury brand automobile for that same price, giving you better styling, more horsepower, more room, a more comfortable leather interior, better stereo, and just about better everything (with the possible exception of miles per gallon of gasoline). Similarly, when thinking about how to price a house, you also need to consider the other houses that your house is competing with. These competing properties are called comparable properties, or in realtor terms, Comps. There are two types of Comps - Active Comps, and Sold Comps. Active Comps are other houses that are similar to yours in terms of bedrooms, bathrooms, square footage, style, condition and neighborhood and are also on the market looking for buyers. Active Comps give you a very good idea of what prices other homeowners are asking for. Sold Comps, on the other hand, are other houses that are similar to yours in terms of bedrooms, bathrooms, square footage, style, condition and neighborhood that have sold within the past 3, 6 or 12 months. Its important to look at sold comps because they will tell you what buyers were actually willing to pay for a house that is similar to yours. Look at how the other active comps are being priced. Are their prices similar to the houses that sold, over-priced, or under-priced? When looking at your Active Comps to determine whether they are priced correctly, you will want to look at Days on Market, or DOM. Days on market will show you how long it took for houses listed at a certain price to sell, or how long houses currently listed for sale have been on the market and have not yet sold. A general rule is that a house should sell within 90 days of it being listed. If it takes longer than that, its generally an indication that it may be priced on the upper end of the price scale. In summary, when trying to decide how to price a house because you are selling a house by owner, you will want to have a good understanding of the local supply and demand for houses in your area. This information will tell you whether you have to price aggressively to sell your house, or if you might be getting multiple offers on your property. Next you will want to compare your house to other houses that are similar to yours and have sold recently, and similar houses that are currently listed for sale. Compare the prices of houses currently listed for sale (active comps) with the prices of those houses that actually sold (sold comps) within the past few months, and determine what buyers would be willing to pay you for your house.
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