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- Three Biggest Misconceptions about Short Sales - by Submitted on Oct 30, 2009 from Donna TashjianFirst of all, “yes” some short sales take long to sell and “yes” some short sale listings can be frustrating. But let me tell you this; not all are created equal! With a little patience and a little creativity you can overcome some of the shortcomings of listing pre-foreclosure/short sale ...
Views: 1060 - Real Estate Investing: Success Comes From Within – Not the Property - by Submitted on Oct 22, 2009 from Matthew TooneWe all have heard and know that the majority of wealth in this nation was acquired through … Real Estate. The secret of the wealthy is actually no secret at all – they understand that purchasing properties is the key to achieving financial independence, freedom, and wealth. Because people ...
Views: 965(1 vote) - WISDOM WITH FINANCES - by Submitted on Oct 20, 2009 from Dirk ZellerMost Agents begin their real estate career with the hope of gaining financial independence. They are attracted by the possibility of earning large sums of money. Even when Agents make more than a six-figure income, the vast majority have not dramatically improved their financial balance sheet. ...
Views: 888(9 votes) - 10 Things to Look for When Buying Ranch Real Estate - by Submitted on Oct 19, 2009 from Peter GoodingLooking for ranch real estate? Well, you are not alone. In the last five years, this sector of real estate has grown dramatically and as a result, the number of ranch properties for sale is on the rise. Owing to the increasing number of options available, you are sure to find a ranch property ...
Views: 1337(1 vote) - First Time Buyers: Credit Tip of the Week How to Use Secured Credit Cards - by Submitted on Oct 13, 2009 from Christopher ShawFirst Time Buyers: Credit Tip of the Week Secured Credit Cards The use of a secured credit card can and will build your credit over time, it is not an overnight fix to your past credit woes. What is a secured credit card: “a credit card that is issued to a consumer that is tied to their ...
Views: 1297(1 vote) - Broker Commission Agreement–Negotiate Your Realtor Fee Before You Sign - by Submitted on Oct 12, 2009 from Steve HattanA broker commission agreement in real estate is also called a listing agreement. This is the contract between the home seller and the realtor which sets forth the terms of the listing (marketing of the home). Obviously, one of the terms in the broker commission agreement includes the ...
Views: 2276 - Tax Reassessment – Does a Declining Market Mean You'll Pay Less Property Taxes? - by Submitted on Oct 12, 2009 from Steve HattanTax reassessment has been the main topic of discussion more times in the last six months than it has been in the last ten years. There seems to be a misguided assumption that if property values decrease then property taxes will also decrease. Of course, this is based on the fact that when ...
Views: 1056 - Lease With Option To Buy-Advantages and Disadvantages - by Submitted on Oct 12, 2009 from Steve HattanA lease with option to buy is typically for people who want to buy a home but cannot meet the traditional guidelines set forth by banks and other lending institutions. If you recently filed for bankruptcy, foreclosed on your last home, sold your last home through a short sale, have bad credit, ...
Views: 3725(3 votes) - Competitive Marketing Analysis - How Accurate Are They? - by Submitted on Oct 12, 2009 from Steve HattanA competitive marketing analysis is a tool realtors use to help home sellers determine what their marketing price should be in today's current market. The good news is it's a free service; the not so good news is how accurate they might be. When it's time to sell a home it's recommended that ...
Views: 939 - Lease Option To Buy – What Exactly Does This Mean? - by Submitted on Oct 12, 2009 from Steve HattanThe term 'lease option to buy' might also be referred to as 'rent to own' or simply as 'lease option'. In its most basic definition a lease option to buy is when a consumer leases (or rents) a property for a certain period of time and at the end of that time the consumer has the option to buy ...
Views: 1285 - Think and prepare yourself for Buying a Bank Owned Mold House? -Part 1. - by Submitted on Oct 12, 2009 from Charles BodayWith the rash of recent foreclosures over the last several years there is a tremendous amount of backlogged inventory just sitting there which is Bank owned. These properties are called REO, which stands for real estate owned (that's Bank owned in other words). These properties have created ...
Views: 973 - Realty demand up in third quarter - by Submitted on Oct 12, 2009 from santosh baranwalNew Delhi: So is the demand for homes getting real again? It seems to be a mixed bag so far, report Neha Dewan & Anand Rawani. While developers are aggressively talking about a spurt in demand, industry experts and buyers attribute this ‘revival’ to the strong nexus between developers and ...
Views: 709 - Realtors Rush For IPO Approvals - by Submitted on Oct 12, 2009 from santosh baranwalSeven Cash-Strapped Realty Cos File Red Herring Prospectus with Sebi to Raise Rs 14,000 Cr The cash-strapped realty sector is scurrying for an initial public offer (IPO) cover with several builders approaching market regulator Securities & Exchange Board of India (Sebi) to seek approval to rise ...
Views: 1067 - 19 Reasons to Start a Real Estate Investing Syndication Business Now - by Submitted on Oct 10, 2009 from Brad WoznyBefore I started my multi-million dollar, real estate investing syndication business a half decade ago, I was part of corporate America. In fact, I was the number #2 sales person for Research in Motion. I developed and oversaw strategic alliances with some of the top consulting firms in the ...
Views: 5687 - Top 7 Fears of Real Estate Investors Today & How Syndication is the Answer to Your Problems - by Submitted on Oct 10, 2009 from Brad WoznyAs a real estate investor, are you suffering from this massive, global economic meltdown, or are you actually taking advantage of this "Perfect Real Estate Storm" of opportunity? You see, with unemployment rising, bank foreclosures skyrocketing and prices in most real estate markets falling ...
Views: 1119 - A Real Estate Investment Strategy Can Take Many Forms... - by Submitted on Oct 09, 2009 from Al-Yassa Al-Mahi...But only one real estate investment strategy clearly stands out in today's market as being the best and safest for "small time" investors like you and me (and no, this is not a sales pitch...just free, unadulterated investment property advice). PILLAR #1: LONG-TERM STRATEGY The ...
Views: 657 - What Is ARV and Why Should You Care? - by Submitted on Oct 08, 2009 from dan kochMost great investment properties need some repairs. This is what makes them a value to buyers and such a great deal when they are sold after the repairs. But some properties don’t look so great even after repairs. That is why before you decide if a property is a great deal to wholesale or invest ...
Views: 1576 - The Key to Successful Loan Modifications - Loan Modification Advice - by Submitted on Oct 08, 2009 from Greg FeldmanAs the Obama Administration's Home Affordable Modification Program (HAMP) approaches its sixth month, the challenges facing the plan are becoming more clearly defined while solutions to those challenges remain a work in progress. Admittedly off to a slow start, the program has about 200,000 loan ...
Views: 2460(2 votes) - Which Free Comp Site is Better? - by Submitted on Oct 05, 2009 from Khalid JohnsonWhich free comp site is better? There may be different opinions on the subject. Realquest is quickly over taking Zillow day by day. Zillow is a free home value estimator web site that offers post sales data. Zillow is a fun tool, but don’t count on it. The free home estimator can be off the ...
Views: 954(1 vote) - Over 10 Ways to Get Money for Investing—Even When You Don’t Have Any Money - by Submitted on Oct 03, 2009 from Chris WechnerHave you realized that NOW is a GREAT time to invest in real estate, but you just don’t have the money to do it? Here are several ways you can generate cash for your next investment to make sure you can cash on the great opportunity that this market is providing. One big Detroit Area ...
Views: 1133(6 votes) - First Time Buyers: Finding a Needle in a Haystack - by Submitted on Oct 02, 2009 from Christopher ShawWhen searching for a home it can be like searching for a needle in a haystack. With a little pre-planning you can make your house hunting a lot more productive. For starters you want to make sure you can make a day out of searching for your home. If you can’t set aside a day, take a few hours ...
Views: 1266(2 votes) - Tax Credit for Home Buyers – The Mortgage Credit Certificate Program - by Submitted on Oct 02, 2009 from Steve HattanTax credit for home buyers are becoming more and more popular every day. Whether the economy is in an up cycle or a down, smart home buyers are looking for new ways to save money. The good news is, if you're a first time home buyer you may qualify for the Mortgage Credit Certificate. The ...
Views: 862(1 vote) - What is FHA Loan Insurance? - by Submitted on Oct 02, 2009 from Steve HattanWhat is FHA loan insurance exactly? When it comes to FHA loan insurance, or FHA loans in general, there seems to be some misconceptions. It won't take long but I'd like to clear some of them up for you. First, it's important to understand a few things about FHA. FHA is short for the Federal ...
Views: 985(1 vote) - Home Down Payment Assistance – Where is the Free Money? - by Submitted on Oct 02, 2009 from Steve HattanHome down payment assistance programs are designed, in most cases, for first time home buyers. If I could a have just a simple dime for every first time home buyer who thought the home down payment assistance meant free money then I most likely wouldn't be writing articles. Before October 1, ...
Views: 1094(1 vote) - First Time Home Buyer Assistance - Can the Seller Contribute? - by Submitted on Oct 02, 2009 from Steve HattanFirst time home buyer assistance programs such as the AmeriDream and Nehemiah were extremely popular over the last several years. They were popular because the down payment provided to the buyer was considered a gift that didn't have to be paid back and it covered the entire down payment ...
Views: 964(4 votes) - What's My House Worth - Figuring Value in Today's Market - by Submitted on Oct 02, 2009 from Steve HattanWhat's my house worth? That's a question I'm asked every time I meet with a home seller for the first time. My immediate thought is, "Whatever a buyer is willing to spend and whatever you're willing to sell it for." Of course, I would never say it like that even though it's the best answer ...
Views: 1285(1 vote) - Documents Required by Lenders in Order to Begin a Short Sale Transaction - by Submitted on Oct 01, 2009 from Owen McGab EnaohwoA Short Sale is a type of real estate transaction wherein a homeowner sells their property for less than what they owe the lender. For most lenders to consider a short sale, the homeowner must be experiencing a financial hardship and is unable to make their mortgage payments. Also, the mortgage ...
Views: 1701(1 vote) - International Apartments - What You Need To Know Before Invest - by Submitted on Sep 24, 2009 from Patrick JearyThe Earth whom we belong to, offers us with numerous places to live on. The bright blue sky presents various opportunities that are bound to happen if you only know where to look. You will surely enjoy the new revelry that you have discovered and value the time spent on this. With the advent of ...
Views: 639 - Tips to Creating a Powerful Pre-Listing Package! - by Submitted on Sep 23, 2009 from Kevin WrightA Pre-Listing Package is the most powerful impression you can make on a buyer or seller. This is a package of information that introduces you and your company to a client and explains to them how you are best qualified for all their real estate needs. However, only a small percentage of real ...
Views: 4435(17 votes) - ***Profit on an Old Grove: The Last Hurrah - by Submitted on Jul 12, 2011 from Emily Erickson-SandstromThe old orange grove had seen its last bearing days years ago. The trees were ancient gnarled and unattended. Everyone knew there was to be no citrus coming from there. It was the 1920s in south Florida, then a backwater swamp populated by vacationers who spent all their cash and never could ...
Views: 2383(17 votes) - Double Your Income in Real Estate Sales - by Submitted on Sep 20, 2009 from Kevin WrightHave you ever wondered what makes some real estate agents succeed where others fail? Remember that doubling your income is all about doubling your business development efforts. If you are serious about doubling your income within the next six months, you must learn how to turn your time and ...
Views: 989(2 votes) - Mastering Your Pre-Listing Presentation - by Submitted on Sep 20, 2009 from Kevin WrightEvery top real estate professional is well scripted, and this is one of the main reasons that they are confident and get listings. Don't take scripting as a bad connotation. (When you give your listing presentations you usually say the same thing to each client so it's no different in preparing ...
Views: 1415(3 votes) - Make Real Estate Sales in Any Economy - by Submitted on Sep 20, 2009 from Kevin WrightThe economic state of the real estate industry in the United States is steadily improving. As you are aware, in the past two years the industry has significantly dropped due to the poor economic status of many people and their unwillingness to spend on a new home. When our economy took a plunge ...
Views: 958(3 votes) - Powerful Real Estate Marketing Strategies - by Submitted on Sep 20, 2009 from Kevin WrightMany real estate professionals only rely on a couple marketing strategies to attract new business. However, there are many ways to do this, but these are among the most powerful to drive new business your way: Networking: Networking with other top agents in your area is crucial to the success ...
Views: 758(6 votes) - Making Your Pre-Listing Package Show Professionalism - by Submitted on Sep 20, 2009 from Kevin WrightIn the past, real estate companies would brand and promote you and clients would list their home with you, primarily based on the company's name. In this day and age, it's very different, as a real estate professional you need to brand yourself and establish professionalism and a reputation for ...
Views: 1161 - Want to Start Investing in Real Estate but Can’t Afford It? - by Submitted on Sep 19, 2009 from Chris WechnerHow many times have you thought to yourself, “Wow! I sure wish I could invest in real estate, but that’s for rich folk, and I sure don’t have THAT kind of money!” Do you have any other excuses? I hope so, because I met someone who will quickly remove that excuse. I met someone who came ...
Views: 2077(2 votes) - 7 Things to Do When You Meet Someone - by Submitted on Sep 19, 2009 from Chris WechnerDo You Like Wasting Your Time Meeting People? How often do you hear people say, "It's not WHAT you know but WHO you know?" Most always, people want to know the right people but do not do the right things when they meet people. It only takes a little effort and consideration. Follow a ...
Views: 1335(21 votes) - Real Estate Investing: Where to Start - by Submitted on Sep 19, 2009 from Chris WechnerHave you ever thought about investing in real estate but wondered, "Where do I begin?" I cannot answer for you, but I know that I have. In fact, I may not be sitting very far from your chair right now. Let me tell you a little about myself. I am 37 years old. I did not even know how to ...
Views: 821(2 votes) - Typical Commission–Negotiating Realtor Fees - by Submitted on Sep 17, 2009 from Steve HattanThe typical commission a realtor charges can be anywhere from three to seven percent depending on the area and realtor competition in the marketplace. In most every case the typical commission can be negotiated if you know how. The challenge most consumers have when it comes to negotiating ...
Views: 1369 - The Current State of the Local Market! - by Submitted on Sep 16, 2009 from Fran LichtmanThe news remains positive. New Jersey has gone from having 17 months of existing inventory at the beginning of this year to about nine months now. We have seen six straight months of increased sales. Locally, our areas currently have about five to six months of inventory overall, but in the most ...
Views: 811 - Real Estate Scripts: FSBO Objections - by Submitted on Sep 15, 2009 from Cheri AlguireI am often asked, What do you say when a For Sale By Owner seller says [asks] ...? I always have an answer for every FSBO objection, but only because I have the advantage of both knowledge and skill over the FSBO seller. Here is a list of common FSBO seller objections and a quick follow-up ...
Views: 3399 - How Landlords Can Avoid Being Taken by Wholesalers - by Submitted on Sep 14, 2009 from Khalid JohnsonThe real-estate game can be really tricky in these current times. A lot of landlords are getting taken advantage of by wholesalers of real-estate. When wholesalers advertise their so called great deals they may be using values that are not accurate. Beware of investors taking estimates from ...
Views: 633 - Understanding Streamline Refinancing - by Submitted on Sep 14, 2009 from Krista ScruggsA streamline refinance option is not open to a lot of consumers. It is a privilege of those consumers who currently have an FHA insured loan. For this reason, a good many consumers initially opt to check out FHA loan products rather than one of the various other kinds of loan vehicles. Of ...
Views: 884 - First Time Buyer -Dont put the Cart before the Horse - by Submitted on Sep 09, 2009 from Christopher ShawAs I tell all my clients don't put the cart before the horse. In other word don't go shopping until you have the cash or you've secured financing. A lot of people do this which can sometimes backfire and lead to frustration and disappointment. First of all, say you start looking and find a ...
Views: 1330(1 vote) - Why Buying and Holding Isn't What It Used To Be - by Submitted on Sep 09, 2009 from CT REIAWhy Buying and Holding Isn't What It Used To Be by Sean Carpenter Are you finding deals are getting tougher to close with the new restrictions banks are pushing on applicants? Is it taking longer to get a deal done? Have you stopped looking for new projects to acquire? The last year has ...
Views: 1045 - The New Real Estate Bubble - by Submitted on Sep 09, 2009 from CT REIAThe economy couldn’t be better for some people. Why? It’s because they are in a position to profit from the implosion of prices today. The discounts over value today haven’t been this good since the 1980s. For some it’s even better than that. Think about it. Low interest rates. High seller ...
Views: 1361 - 5 Big Reasons Why Northern Arizona is Great for Ranching and Farming - by Submitted on Sep 09, 2009 from Peter GoodingIf you’re looking into buying a parcel of land to have your own ranch or farm, northern Arizona is an excellent option. Northern Arizona is a beautiful region home to abundant species of wildlife and breathtaking scenery. Nature lovers who want to escape the daily grind and build their dream ...
Views: 651 - Lucrative Career In Foreclosure Short Sale Investing - by Submitted on Sep 09, 2009 from Paul RodgersNow is the perfect time for you to step up to the plate and learn how the astute and seasoned investors will be creating huge amounts of equity through the use of short sales. Lenders will be giving big discounts, even offering creative type financing in some instances, to get rid of their ever ...
Views: 857 - House Plans: How to find the right plans for your budget and style - by Submitted on Sep 09, 2009 from Moti WynerFinding a suitable set of house plans can be a long and expensive process. Firstly, the selection of the architect can be enough to frustrate a new home owner from the get go. Creating house plans that incorporate a variety of different factors including the actual land restrictions, the ...
Views: 810 - Real Estate Investing Syndication: How to Close More Real Estate Deals Now with Little Risk - by Submitted on Sep 09, 2009 from Brad WoznyThere is a secret to successful real estate investing that most successful investors don't want you to know. Now, the secret that I am about to reveal to you is something that is so obvious and yet it is something that few investors know about. But, before I give you this little known real ...
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