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Saturday, October 31, 2009

Tips For Choosing a Real Estate Agent by Bruce Swedal

A real estate agent would act as your guide and help you take on one of the most significant decisions you will ever make within your life time. Therefore, it is imperative that you are absolutely sure that he/she has your best interest at heart and will always try to work towards fulfilling your requirements to the best of his/her abilities.
Choosing a real estate agent who will act on your behalf to find you a good deal is a very important decision. One must look into the following aspects carefully before deciding upon a realtor:
*Does the realtor have enough time for you? *Are you sure of his personal integrity and work ethics? *Will the realtor devote enough time and effort for you?
These are pertinent questions whose answers should satisfy you sufficiently. Your satisfaction is crucial in order to safely depend on the realtor about such an important decision. As a buyer, you must feel comfortable at all times. This is even when you have to refuse an excellent deal or move away from the "near perfect" home that your real estate agent may have shown you. It is very important that you do not feel intimidated by the real estate agent and at the same time, he/she must possess qualities such as assertiveness and a high degree of professionalism.
Choosing a realtor is akin to choosing a lawyer or doctor since one does not wish to lose out on a dream house or on a great bargain. The process of short listing or narrowing your search for a real estate agent is most often about how comfortable you are doing business with a particular individual. One has to look out for rehearsed responses and try to get to what the person can actually offer you. The trick lies in not falling for glib talk and going beyond the façade put up by many real estate agents. Most of the realtors are people with integrity, since they are professionals with a reputation to protect. However, what you have to look for in a real estate agent is his/her ability to understand your requirements and deliver accordingly.
Some of the realtors in business would have exceptional sales track records, so probing about their past record may be a good idea in order to asses them. You may also ask for references from individuals who would vouch for the realtor's capabilities on the basis of having done business in the past. Try to shortlist at least a dozen of real estate agents and use your discretion regarding whom to call for reference.
Ask the real estate agent as many questions as you deem suitable.
You may consider asking questions similar to the ones listed below: *For how long has each of the houses shown to you been up for sale? *Which of the houses have had their prices reduced? *How many times were the prices slashed and how much was reduced? *Is the realtor ready with a marketing plan for selling your property? *Would he stick to the plan? *What is the guarantee given by the realtor that you will get an assured good deal?
You may also consider asking if he/she has taken any courses on the real estate business to gauge his/her enthusiasm and passion for the job. Try to see if the realtor's voice sounds monotonous to you. In case you do, then ask yourself if his/her approach is relaxing or whether you would like to hear a more lively and energetic voice.
Last but not the very least, you should figure out whether he/she has good negotiation skills. Ask questions related to commissions as in the event of a house sale; both you and your realtor would have to discuss fiscal matters clearly.
Keep a keen eye on how the real estate agent airs his/her thoughts when you bargain for a reduced rate. If he/she is able to convince you that the fee being charged is fair and that it is commensurate with the amount of hard work that he has to put in to earn it, then he/she surely has the capability to convince other people to listen to their side of the story when seeing to business on your behalf!
Such prolonged discussions would give you the time needed for you to judge the personality type of the real estate agent. At the end of it all, you have to select someone who can earn your trust.

Thursday, October 29, 2009

Why Hard Money Lenders Are Better Than Banks by Samantha Dawson

Are you a real estate investor looking for funds to finance your business? Do you want to secure a loan in only a matter of days? Do you want clear and better terms in repaying your loan? If you answered "yes" to all questions, then you should look for a hard money lender.
That's right. Hard money lenders are the answer to your real estate investing needs. Forget traditional lenders such as banks, whose penchant for giving away loans is as frequent as rain in the Sahara desert. So if you want to have the money to fund your real estate investing business, find a private money lender.
And here's why you should:
1. Hard money lenders base their decisions on deals. This means you can secure a loan from a hard money lender even if you have a bad credit score. Try doing that in a bank! Private money lenders don't care about your credit history. What they're looking for is a profitable deal. And if you can present one, then you have got a deal!
2. You can secure a loan with a hard money lender in a matter of days! Have you ever tried obtaining a loan from a bank? Queued in long lines and talked to dozens of representatives only for your loan to be rejected in the end? Well that won't happen with hard money lenders, who can provide you with the money in a matter of days. What is important is that you present a good deal. If a private money lender thinks that the house you want to flip has a huge potential to be sold immediately, then he will provide you the loan.
3. Hard money lenders could finance 100% of the deal. If you can propose a really good deal to a private money lender, chances are you won't be spending a single dollar from your own pocket to complete a deal. Hard money lenders generally loan up to 70% of a property's after repair value (ARV). So if a property's ARV is $100,000, lenders can lend you up to $70,000, which would cover the purchase price and the repair costs for a house that you bought, say, for $45,000 plus an additional $20,000 for repairs.
4. There are hundreds of hard money lenders out there. Private money lenders can be found anywhere, but they don't exactly post a "Hard Money Lender" sign in their front yards. For all you know, your next door neighbor could be a private money lender. All you need to do is find the correct medium that would grant you access to lenders in your area.
RehabHardmoney.com has been bringing together hard money lenders and borrowers for over ten years. Whether you're a hard money lender or a borrower, the website can provide answers to all your real estate investing needs. Visit www.RehabHardMoney.com today and get that perfect loan you've always wanted. You could also log on to www.REIwired.com to learn the latest techniques in real estate investing.

Sunday, October 25, 2009

Whitby Houses by Andrey

Whitby houses are very valuable right now because of the city's rapid population growth. As well, the median income in the city is well above the provincial average, which brings a lot of people to the city to live and work.
Whitby houses come in many shapes and forms, and something can be found for anyone looking. There are luxury lake view condos available, ranch bungalows, as well as the typical single-family dwelling, and the smaller town house. If you are selling in Whitby right now, this is a great time to be selling.
With the thriving economy of the city, and its proximity to Toronto, people are always on the lookout for great homes within the city. General Motors, Sobey's and the Canadian headquarters of BMW all reside in the city, resulting in many jobs throughout the region.
If you are buying a home in Whitby, there are plenty of houses to choose from including many rental properties that are ideal if you are moving to the city for the first time, and are unsure of the best location to buy your home.
Buying big homes is a real investment. When investigating big homes to buy, make sure you are dealing with a real estate agent that specializes in the area. They will know whether or not you are getting fair market value for the home, and whether or not it is worth the money based on the taxes in the area.
It is the same if you are selling big homes. You want to make sure you are dealing with an experienced seller so that they can bring the right kind of clients through your home to make for a quick and easy sale.
Log on http://www.whitbyhouses.com or http://www.bighomes.ca to know more!

Wednesday, October 21, 2009

Make a fortune in real estate by Jessie Frost

You can't be successful in real estate if you don't know two things, your credit rating and your cash flow. You need to know what kind of purchasing power you have. Bad credit isn't so much a barrier as a tool-you need to recognize your limits and know what to do to improve them and work around them. Take an inventory of your income and assets. Know how much time you can
afford to dedicate to this venture. The more capable you are of treating it like your business, the more successful you will be. Know what kind of cash you have available, even if you don't use it. In real estate, you are nothing without your credit rating. This is a big problem that most beginners in real estate have when trying to make deals work. They simply don't know what their credit rating is and sometimes don't understand the importance of it, and therefore don't understand what type of loan programs and financing they can use.
Don't worry-I can show you a way designed for the majority of people out there who have not-so-great to outright bad credit, but who are willing to work hard and stay focused. While bad credit can make it more difficult to obtain traditional financing, it won't stop you from taking advantage of the real money-making opportunities that exist. KNOW YOUR CREDIT
Experian: experian com
Transunion: transunion com
Equifax: .equifax com
You have the right to a free credit report from each agency once a year and any time you've been denied credit and receive a letter from the company to which you'd applied, you can request a copy of the report they used to make the decision. Request a copy of all three, repair what you need to and repay what you have to.
In order to be successful in this business, you need to have contacts. Develop good relationships with your county clerk, a good realtor whom you can trust, an appraiser, a title company, a home inspector, a handyman, and a loan officer. You'll want to have quick and easy access to professionals you trust. You will also want to develop a database of investors, particularly rehab investors. Don't be afraid to advertise for investors even before you have properties available. It's
best to start developing a list of investors so that you have time to begin screening them-and you can be on the lookout for specific properties that will appeal to your investors and make you the quick money.

Florida Commercial Real Estate - Hiring The Right Realtor by Allison Ayson

There are lots of factors that you need to consider when putting up your very own business in Florida. There are lots of legal processes that you need to undergo though. You have to take care of the entire business permit, licenses, legalities, business operations and a lot more in order to make sure that your business runs smoothly.
But one of the most important thing that you need to consider is the acquisition of the Florida commercial real estate property that you are going to use. This property will serve all our business needs but of course it is very important to choose the right location for this property in order to make a better foundation in the city.
Actually doing all of this might exhaust your energy and knowledge. With this it is important to hire some that can help you on doing all of these. You can hire a real estate agent that can help you in locating the right Florida commercial real estate property that you are going to need.
If you are going to hire the expertise of a real estate agent, you have to pay for this service that they render to you. This can be another expense on your part, but if you will think it over you will realize the importance of hiring one. You will realize that every single penny that you pay to the realtor is worth for the service that they render you.
Real estate agent is connected with the different real estate firm in your place. You can be sure that you will be provided with the important information regarding the real estate market. You will be able to get an access with the different Florida commercial real estate property that will perfectly fit for your business.
There are lots of Florida commercial real estate properties that area available out in the market. But it is very important to check the budget range so that the real estate agent' work will be narrow down. It will be a lot easier for the realtor to do the search because of the budget range.
Real estate agent should be knowledgeable with all the legal process that comes with the Florida commercial real estate. All documents should undergo legal process so that it will be a lot easier for you to close the deal. So if you have some updates regarding your acquisition, the real estate agent will provide you with all the updates of the property.
Allison AysonFlorida Commercial Real Estate

Thursday, October 15, 2009

Real Estate Investing According To Rehablist.com by Samantha Dawson

The real estate business is a lucrative industry perfect for those people who thrive in a lively atmosphere. If you want to be a successful real estate investor, you need all the tools you can get to ensure that you will have the chance to make it big in the business. Fortunately, there is a web site that can help you become the best in your chosen career.
Over the years, Rehablist.com has been helping many real estate investors make easy money by providing them with all the information they need to succeed in the real estate business. The web site has useful articles that would surely be of great help to those who are interested in real estate investing.
According to Rehablist.com, there are three major ways of investing in the real estate business. The first one is wholesaling houses. Through this method, investors acquire a contract on a real estate property and then sell or assign it to another investor, who seals the deal. The secret to successfully wholesaling houses is to find a buyer first before writing a contract on a property.
The second method is called flipping houses. Rehablist.com explained that the process of flipping houses involves the buying and quickly selling of a house for profit. Through this scheme, real estate investors earn money by purchasing properties at a lower price and then selling them off at a higher cost. Don't worry because Rehablist.com guarantees using such a method is not against the law. The third approach to real estate investing according to Rehablist.com is by purchasing and rehabbing fixer upper homes. Investors buy and fix properties that are in a bad condition, thus, the term "rehabbing." Once the restoration of the properties is complete, the investors will sell the houses at higher prices. Some of them, however, prefer to put these properties up for rent to ensure a regular flow of income.
So if you want to make it big in the real estate business, take note of these methods presented by Rehablist.com. To know more about the joys of real estate investing, just check out Rehablist.com.

Tuesday, October 13, 2009

Nashua New Hampshire Real Estate - 2009 Third Quarter Market Report by Fred Doleac

Third quarter reports represent transactions that occur during the summer months which is typically a slower seasonal market. The spring and fall markets are the most active in southern New Hampshire. In general, the Nashua residential real estate market is similar to past years however the average selling prices continue to fall.
Single Family Homes
There were 161 closed listings in 2009 as compared to 160 in 2008 and 157 in 2007. The average sales price dropped from $262,701 in 2008 to $251,924 in 2009. The average days on market dropped substantially from 99 days to 79 days for sold transactions. This is due to the high percentage of entry level home sales dominating the market. First-time home buyers are taking advantage of the $8000 tax credit and are purchasing homes since they are more affordable. The average listing price for single family homes declined slightly in 2009 as compared to 2008 from $297,116 to $289,222.
There were 260 homes listed during this time period and 255 active listings as of September 30, 2009. The average listing price at that time was $324,341 with the average days on market being 153 days.
Visit Nashua NH Real Estate for information about Nashua, NH and to search the NH MLS. Go to Virtual Homes Real Estate for all your real estate needs or call 800-856-2479.

Wednesday, October 7, 2009

Back Bay, Boston, Real Estate - Foreclosed For Sale by Fred Doleac

Back Bay, Boston MA Foreclosures, Bank Owned and Short Sale Property for Sale
Register to receive Back Bay, Boston MA real estate foreclosure (bank-owned) listings and short sale opportunities. One of our Back Bay, Boston, Massachusetts real estate professionals will contact you and provide:
A list of existing real estate foreclosure (bank-owned) and short sale listings in the Back Bay.
Email alerts on NEW foreclosure (bank-owned) and short sale listings in the Massachusetts MLS
Address and mapping information
For Back Bay community information including school reports, demographic, relocation, home buying and selling information go to Back Bay MA real estate. To search the MA MLS listings visit Back Bay MA MLS listings. Visit Boston, MA neighborhoods for other communities in Boston.
Go to Virtual Homes MLS for a map based search of all MLS listings of NH and Massachusetts real estate. Visit Massachusetts real estate to obtain relocation and school information in MA towns.
Preview communities in Maine at Maine Real Estate. Virtual Homes real estate also provides information and MLS access for Rhode Island real estate and Connecticut real estate. Call Virtual Homes at 800-856-2479 for information.

Sunday, October 4, 2009

Breathtaking Areas In Kauai Real Estate You Don't Want To Miss by Ellen Gentry

If you are considering purchasing Kauai real estate, there are some lush, beautiful areas that you just cannot miss when you are searching for your dream property. From beautiful beaches to lush forests, Kauai offers something for everyone. Check out these six areas on Kauai before you decide on any one spot:
The Alakai Wilderness Preserve: For anyone that loves a great hike, this is the area to do it. It's also known as the Alaka'i swamp because of the bogs that are native to this area of Hawaii. And, since the preserve is located on the plateau that sits on Mount Wai'ale'ale, you will find that it really lives up to being one of the wettest places on Earth. Almost constantly covered in a misty cloud, it's very mysterious and romantic at the same time.
Hanalei Bay: Those that are looking for tropical Kauai real estate need look no further than Hanalei Bay. This is the biggest bay that lies on the island and is located on the North Shore. With over two beautiful miles of soft, sandy beaches for you to enjoy, you will love the green mountain backdrop that surrounds the area. And, with the beautiful town of Hanalei right in the middle of the area, you'll find some of the most gorgeous real estate in the world.
Ke'e Beach: Voted by the islanders as one of the most beautiful beaches on the island, it's also a great place to enjoy with the family. While you can only reach it by foot path, it is known for having no currents, no waves, and extremely shallow water - which make it the perfect family spot. But, be careful, those that venture further out into the reefs can get caught in the currents on the outskirts of the bay. Want to find some beautiful Kauai real estate close by? There are miles of wonderful areas that you can call your own.
Limahuli Garden and Preserve: For any outdoors person who loves hiking and some breathtaking natural views, this preserve is where you want to be. You'll find that it lives up to the awards that it has won - such as the best natural botanical garden in the US - and you won't want to miss anything here when you hike. There are residential areas nearby that have homes and vacant land you can purchase from which to enjoy the views and wonders of Limahuli Gardens.
Wailua River State Park: For anyone into kayaking or canoeing, who loves hiking and massive, 150-foot waterfalls, this is the park for you. Wailua River is Hawaii's only navigable rive and home to Opaeka'a Falls, which can be seen for miles. There are several residential areas close by from which to enjoy all this state park offers throughout the year.
Waimea Canyon State Park: No matter if you love the Grand Canyon or not, you will love Waimea Canyon. Made by a massive volcano, the canyon was formed from runoff water over millions of years. The best part is that the canyon is beautifully green year round, so you can always enjoy the breathtaking views, no matter which area of the canyon you are on.
For anyone wanting to enjoy the true Hawaiian beauty that Kauai offers - these are six great places to start. Of course, there are some other areas around the island you'll want to check out also, to make sure you find the perfect place to call home on Kauai.

Thursday, October 1, 2009

Real Estate Investing: Invest in Your Success by Chris B. Jenkins

Success doesn't come without some effort and investment on your part. The cost of paying $997 for a class, or even buying a product, may discourage many people from taking a leap of faith to try it out despite the proven positive results. Yet, they are willing to throw away thousands of dollars on programs and services that yields no profit margin. Perhaps people need to start looking at education differently and start putting some of the much wasted money into their education because it certainly pays off!
Education offers investors with an edge over their competitors. Yes, it means that one would have to invest some out-of-pocket money, but with that investment comes more knowledge about how to fill rental vacancies effectively and efficiently. Learning doesn't stop for successful people because they need that bit of a competitive edge to be at the forefront of their industry. For the unsuccessful people, this learning processes hasn't even begun because they are too cheap to invest in their own success!
So, stop being such a penny pincher (especially those who have been unsuccessful in making money) and get educated. The library is a good starting point if you are conscious about your spending and don't have the guts to take risk without seeing some results first. Check out some books on real estate and start networking, starting with your contacts. Build from it! And, for the risk takers, pay for a class and use a credit card if you don't have the cash up front. You will pay it of before you know it!
Lastly, for those who've succeeded in their endeavors and are looking for additional tips to get you that "slight edge" over your competitors, here are some recommendations:
Each month, read one book selling, time management, success or real estate property investment. (Read more if you have time for it)
Each year, attend one education seminar or forum to further increase your knowledge on real estate to keep you on edge and motivated to make money.
Network, network, network and don't ever stop doing it! Be with people who have similar interests and goals who will keep you motivated.
Don't waste time listening to music or even watching television, spend more time reading a book or listening to educational materials while driving in your car.
And for holidays and birthdays, don't waste your money on useless gifts, get yourself educational materials.
Don't hangout with negative people. Regardless of who they may be, just ignore them.
Read blogs and e-zines; listen to more televised seminars
Find yourself a mentor or two or three mentors. You will need them.
No further comments for the cheap, unmotivated people who can't get the point. Don't you want to be successful and make some money?
Success doesn't come without some effort and investment on your part. The cost of paying $997 for a class, or even buying a product, may discourage many people from taking a leap of faith to try it out despite the proven positive results. Yet, they are willing to throw away thousands of dollars on programs and services that yields no profit margin. Perhaps people need to start looking at education differently and start putting some of the much wasted money into their education because it certainly pays off!
Education offers investors with an edge over their competitors. Yes, it means that one would have to invest some out-of-pocket money, but with that investment comes more knowledge about how to fill rental vacancies effectively and efficiently. Learning doesn't stop for successful people because they need that bit of a competitive edge to be at the forefront of their industry. For the unsuccessful people, this learning processes hasn't even begun because they are too cheap to invest in their own success!
So, stop being such a penny pincher (especially those who have been unsuccessful in making money) and get educated. The library is a good starting point if you are conscious about your spending and don't have the guts to take risk without seeing some results first. Check out some books on real estate and start networking, starting with your contacts. Build from it! And, for the risk takers, pay for a class and use a credit card if you don't have the cash up front. You will pay it of before you know it!
Lastly, for those who've succeeded in their endeavors and are looking for additional tips to get you that "slight edge" over your competitors, here are some recommendations:
Each month, read one book selling, time management, success or real estate property investment. (Read more if you have time for it)
Each year, attend one education seminar or forum to further increase your knowledge on real estate to keep you on edge and motivated to make money.
Network, network, network and don't ever stop doing it! Be with people who have similar interests and goals who will keep you motivated.
Don't waste time listening to music or even watching television, spend more time reading a book or listening to educational materials while driving in your car.
And for holidays and birthdays, don't waste your money on useless gifts, get yourself educational materials.
Don't hangout with negative people. Regardless of who they may be, just ignore them.
Read blogs and e-zines; listen to more televised seminars
Find yourself a mentor or two or three mentors. You will need them.
No further comments for the cheap, unmotivated people who can't get the point. Don't you want to be successful and make some money?

Real Estate Investing: Make Smart Investments by Chris B. Jenkins

With the recent decline in prices in the real estate market, homes seem to be more affordable than before. However, sellers are becoming more and more realistic when it comes down to the value of their properties. Yet, what they fail to realize is that as more and more affordable properties are becoming available for purchase, buyers are also becoming smarter about their real estate investments. Buyers, as much as sellers, are hoping to profit from the purchase of their property too.
While the past few years have been a struggle for investors given how difficult it was to find good deals on the market, deals where they can profit from after the property is sold. The real roadblock in real estate sales for these investors is probably a result of their unrealistic estimation of their property's value. Seriously, homes are just too way overpriced for what they are really worth. Here's the truth. Property prices are dropping across the board, more in some areas than others of course. Thus, prices are being marked down on a daily basis. Great news for buyers! But what does this mean to investors who purchase and flip homes when it is time to sell the newly renovated property?
Sellers have to price properties at a reasonable, yet still at a profitable price, in order to draw potential buyers in to seal the deal quickly. This is THE key question that each seller has to ponder when it comes to selling one of their properties.
With the federal $8k grant, first-time buyers are key targets for any seller. There is a niche there. The biggest issue, however, is to get buyers to want to buy your property. To help you seal the deal on your home, consider the following questions. When you a cheap property, you are looking to secure profit after it is sold, right? Well, have you considered that buyers are rationalizing their purchase of your home the same way? They are not looking to purchase a home where the value will decline below their monthly mortgage. Lenders wouldn't want that either.
Thus, the challenge for you really isn't about finding a buyer. The challenge is for you to sell your properties a price that matches the objectives of the average homebuyer. With prices as low as it is on the market today, you can make a profit (big or small) simply by making sure that you purchase your deals that the very lowest price possible!