Real estate articles
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- 2007-11-13 22:16:19 - Forclosure and the durrett rule
- It's probably happened to you...Folks learn that you know something about real estate investing and they eagerly ask you about buying foreclosure property.The general assumption is that they can buy a beautiful home at a deep discount at a foreclosure auction.Their smiles fade when you explain that they will have to pay cash on the spot and they must be able to research title ...
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- 2007-11-13 22:16:19 - How to sell your house for full price
- Many people believe that a real estate broker is needed to sell their house. So they post it with a broker who may or may not sell it and if they do charge exorbitant fees. One would think that that commission would inspire to work harder for you. In some cases it does. In many others though, we have heard of houses sitting on the market for over a year with the realtor only showing it once....
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- 2007-11-13 22:16:19 - Choosing a residential lot
- Finding a lotPlanning for your new home is a very involved process. You might want to get right down to selecting a set of house plans but don't get into a hurry. It is almost a ccertianty that the design of your new home will be somewhat determined by the lot you choose. This is why it makes sense to select the lot for your new home first, before you start the design process.The lot...
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- 2007-11-13 22:16:19 - Grab your dream uk home on the cheap - property auctions
- Did you know that every year thousands of UK properties are sold at significantly below market value? The majority of these properties are released through property auctions where regular savings of between 10% to 40% are available to market value. Even so, property auctions continue to be used only by the elite and for the astute buyer/investor this generates a fantastic opportunity to secure a d...
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- 2007-11-13 22:16:19 - Before you buy a house ? top 10 tips
- There are serveral things you need to think about and check on before you buy a house. Even looking at so many houses can be confusing. Below is a list of the top ten things to help you before you buy. 1. Pre-qualify for a mortgage. Now you know how much house you can afford before you start looking. This will narrow your search and keep you "real" and not disappointed on houses...
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- 2007-11-13 22:16:19 - No more estate agent fees
- Follow a few simple guidelines, and marketing your own home can be easy. And it will save you thousands.The recent property boom has a lot of people thinking of selling. Unfortunately, the costs of selling can really eat into your profit. There's nothing we can do about stamp duty, but one cost we can avoid is real estate agent fees. By selling your house yourself rather than paying a real ...
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- 2007-11-13 22:16:19 - Why use a property manager?
- Most experienced property investors use property managers. Why? Because they make you money.Property management isn't just about collecting rent. It's about ensuring your property is always rented, ensuring you have the best possible tenants, and ensuring you're getting the best possible rent. It's about keeping the property well maintained, tracking expenses and income, and dealing with th...
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- 2007-11-13 22:16:19 - Customer service ? the real estate revolution
- Traditionally, real estate has been viewed as a sales industry. But perceptions are changing. Agents around the country are coming to believe that the key to real estate success is service ? not sales.Competition and technology now give customers almost unlimited choices, so agents are having to work harder and spend more to win listings. They're discovering that business success comes from...
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- 2007-11-13 22:16:19 - Top 7 reasons why fsbos fail to sell their home on their own!
- In the United States, less than 10% of all For Sale by Owners (FSBOs), are successful in selling their home by themselves. That*s because most people just give up because they don*t realize from the beginning the difficulty and complexity of the job ahead. But that*s not the only reason. Here are the seven most common mistakes FSBOs make when selling their home.1. Failure to price a propert...
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- 2007-11-13 22:16:19 - When is the best time to move?
- As Realtors, we are often asked, "When is the best season to move?" This is a tough question, one we cannot answer for you. Most people are asking about price, do they fluctuate throughout the year? NO. Just the number of homes on the market changes; of course the number of buyers changes as well. Hopefully this article will help you make this decision for yourself and your family.Time of Y...
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- 2007-11-13 22:16:19 - Should you buy a house or a condo?
- A big debate these days is whether or not to buy a house, or buy a condo. Most of this debate comes from a lack of understanding about condos, and what they are. Hopefully, the following information will prove to be helpful.When Buying a condo, are you a tenant?No. That simply isn't true. When you buy a condo, you are buying a part of the corporation, and are thus an equal owner. It ...
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- 2007-11-13 22:16:19 - 5 factors of selling a home
- There are five major factors to consider when selling a home. These factors will greatly influence not only the final price you will get for the property, but also how quickly it will sell and how much grief you will suffer through the sale.LocationOver history it's been said the three things to look for in buying a property are (1) Location, (2) Location, and (3) Location. There are...
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- 2007-11-13 22:16:19 - Making a first impression when selling your home
- So you've decided to take advantage of the booming real estate market and put your house up for sale. As you know, buying a house is the most important purchase a consumer can make.So it's understandable that when prospective buyers come through your house, your home will be scrutinized like it's never been before (well not since you bought it anyway!). Everyone knows you never get a second...
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- 2007-11-13 22:16:19 - Real estate: financial considerations $$$
- Raw land as opposed to improved property is much more difficult to finance through traditional lenders. The main reasons are that it generates very little income, development costs can be expensive, there are no buildings or improvements that can be used as collateral, and it is often considered speculative.For those reasons mentioned we find that sellers are often our first choice regardin...
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- 2007-11-13 22:16:19 - Should i invest in real estate while running an internet business?
- Of course you should. I practice this for quite a while and I never looked back. I think this is the perfect combination. You get the best of both worlds. Did you know that 90% of all millionaires made their fortune with real estate and 10% with the internet or the stock market? Well, this doesn't leave any room for the paycheck workers, doesn't it?I once read a small phrase that totally ch...
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- 2007-11-13 22:16:19 - Building your dream home - part 1
- For most of my adult life I had thought about someday building my Dream Home. Several years ago I finally got the chance. I had purchased a lake front lot with a small cottage on it. My initial intention was to use the property "as is", and someday raze the old cottage and build a new home in its place. After a couple of weekends in the musty old camp I came to the conclusion that I need...
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- 2007-11-13 22:16:19 - Foreclosure
- Foreclosure under a mortgage requires a court ordered sale conducted by the sheriff or other court-appointed official. Foreclosure process is called judicial foreclosure. In the event of default, the mortgage accelerates the due date of the dead to the present and notifies the defaulted debtor to pay off the entire outstanding balance at once. If the debtor fails to do so, the mortgage initiates a...
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- 2007-11-13 22:16:19 - Buyers closing cost
- Buyers, borrower, closing costs can be divided into two categories. Nonrecurring closing cost and recurring closing cost.Nonrecurring closing costs on a one-time charge paid upon the close of escrow. Recruiting closing costs are peeping items that the buyer pays advance to help offset expenses that will continue as long as the but it only to property.Nonrecurring closing cost usually...
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- 2007-11-13 22:16:19 - Fixtures
- Fixtures, related to real estate, are items that were originally personal property but are now attached to the property itself. This becomes the toughest issue when tenants attach fixtures to a property. These fixtures may include shelves or anything that is immovable by law.There are five tests of fixture:1) Method of Attachment: Is it nailed, welded or bolted down? Or is it simple ...
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- 2007-11-13 22:16:19 - The real estate cycle
- The real estate cycle, like the business cycle, refers to the activity of the real estate market as it reacts to the forces of supply and demand.Supply and demand.When demand for a product, such as housing, exceeds the supply, the price for the product tends to increase. In real estate this period is often called seller's market. Higher prices encourage the suppliers, in this case ho...
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- 2007-11-13 22:16:19 - Landlording and other aggravations
- Here's the gripping story...You are the landlord of a small apartment building that you are offering for sale. You find a buyer and a sale is arranged.The tenants learn of the sale and ask if they will be forced to move. How do you answer?You explain that it depends upon the lease agreement. If the tenant signed a lease they have the right to remain in the unit at least until ...
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- 2007-11-13 22:16:19 - Real estate investing - basis explained
- Our complex IRS code requires that your, as a real estate investor, accurately calculate your "basis" in investment property when reporting a gain or loss on a tax return.Your monetary gain or loss when you sell investment property is determined by comparing the sale price to the adjusted basis in the property.Your original basis is determined by the way the property was acquired -- ...
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- 2007-11-13 22:16:19 - Real estate lease option danger
- Why are real estate investors having so much success offering "rent to own" homes?Lease-options offer home ownership opportunities to folks with little cash and not so hot credit.Oh boy, there are plenty of those around.Both parties in a lease-option deal are counting on the buyer being able to qualify for a home loan before the option expires.The investor wants to coll...
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- 2007-11-13 22:16:19 - Best places to retire
- Places to Retire: Popular Doesn't Always Mean "Best"Las Vegas, Nevada; Phoenix and Yuma, Arizona; Las Cruces, New Mexico; and Ocala, Florida-just a few names that rank among America's most popular retirement destinations. Unfortunately, their popularity doesn't necessarily mean that they are especially appropriate choices for astute consumers. Among these five locales, only Las Ve...
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- 2007-11-13 22:16:19 - Howard stern is hot in real estate
- Howard Stern has over 20 property related files in Queens, 27 in Brooklyn and 1 in Manhattan. The files include mortgages, releases or satisfaction pieces, liens and powers of attorney.One 11 page mortgage was recorded on 9-23-04 for a two family dwelling, located at 243 51st Street, Brooklyn in the amount of $300,000. Another property transaction for 845 Dean Street, Brooklyn was recorded ...
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- 2007-11-13 22:16:19 - Helpful hints for first-time home buyers
- Buying a house can be a daunting task, even for someone who has owned several homes. My husband and I recently purchased our first home together, and it was hard to find good advice that we truly found useful. We had to learn a lot on our own, but at least now we feel comfortable and knowledgeable about the whole process. Here are some helpful hints we picked up along the way:1. Use your on...
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- 2007-11-13 22:16:19 - How to sell your house by lease options
- Many people buy a house then have to move within a few years, due to divorce, relocation or financial difficulties. Without any equity though, it can be nearly impossible to find buyers and you still have realtor fees to contend with. There is a simple, easy way to have your payments taken care of for you and find a buyer, so that you can move onto your new life quickly and easily.Homeowner...
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- 2007-11-13 22:16:19 - Stopping home foreclosure with bankruptcy
- Bankruptcy Will Stop Your Sale - At Least For Now For $395, you can stop your sale- at least that is what the ads say. You are about to find out how bankruptcy can be good or very damaging.Bankruptcy will stop your foreclosure sale. It's a fact. However, filing bankruptcy for the sole purpose of stopping foreclosure is not what bankruptcy is for. And anyone that does this to avoid foreclosu...
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- 2007-11-13 22:16:19 - A log home story
- Solving problems while maximizing valuesThis story has a few good lessons and observations that no doubt can be used by you to take advantage of hidden opportunities that often lie in plain view for all to see, however, most people have not been trained or instructed on how to recognize or find them.The following true story begins with a classic log home package, engineered, manufact...
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- 2007-11-13 22:16:19 - Home hunting and the internet
- So, it's home hunting time. Where do you start? Who do you contact? Well, home hunting has been made much easier with the advent of the Internet. There are plenty of websites these days with huge numbers of real estate listings, which make the task of finding a home so much easier. You can now browse through home listings, compare prices, compare the specifics of each home before deciding on which...
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