Been thinking of buying a new home? Now is not the time to hesitate. The real estate bubble has burst leaving some with misfortune but creating great opportunities for others. Now is the time to invest in residential real estate, whether you’re on the market for your first home or are considering expanding your investment [...]
Entries from December 2008
Residential Real Estate: Now is the Time to Invest
Dec. 31st, 2008
The Process of Choosing Your First Home
Dec. 31st, 2008
Buying your first home is a truly rewarding experience. There’s something amazing about signing your name to the title, making the home absolutely yours; it brings with it a feeling of pride in ownership. For many, moving into their first home deserves a celebration because it is such a great accomplishment. Of course, choosing your [...]
House Hunting in New Jersey
Dec. 31st, 2008
New Jersey, the Garden state, is a wonderful place to live and raise a family. If you’re looking for New Jersey housing you will find a broad array of homes available for you to choose from. You will find subsidized housing and apartments, as well as beautiful homes for the average American and mansions for [...]
Buying & Selling Real Estate Subject-To The Existing Mortgage
Dec. 31st, 2008
A “subject-to” offer simply means that the buyer is willing to purchase a piece of property “subject-to” some specific circumstance. Usually that circumstance will be the sellers existing mortgage. It can also be a variety of other things. One of the most common “subject-to” clauses in real estate contracts is “subject-to” buyers inspection. But for [...]
Practicality In Real Estate Planning
Dec. 31st, 2008
One of the biggest mistakes a seller can make is putting the wrong price tag on his or her home. Sellers tend to put a very high value on their property out of fear of losing profit, but buyers won\’t even look at homes that are priced too high. There\’s no fixed formula to pricing a home. Usually the market value of a house is based on comparable sales, but there are other factors that should be considered like location, market movement, demand, and the house\’s condition. Don\’t listen to your agent when he or she overstates your house\’s value and makes you sign an overpriced listing. As a seller you will lose your competitive edge if you change your mind and reduce the price later on.
Plan Property Investment Professionally
Dec. 31st, 2008
Your personal financial matters are very sensitive issues. It just means that you need to hire a counselor that you have a high level of trust in them. They must be reliable since they are the ones in charge in helping you with planning. The high net worth people usually builds a team approach that is composed of their financial advisor, their accountant and an estate planning attorney. Every professionals in the team are usually capable and educated and have handled a number of clients that trusts them and through reputation. It is important nowadays that a team has divisions so they can accomplish their jobs well.
Real Estate Brokers: Tricks and Tips to Finding the Perfect One
Dec. 31st, 2008
A number of websites display listings on the internet, marketing for real estate agents. But, if you’re looking to buy or sell a property, you need to go about finding a good realtor who will handle all of the transactions for you. Here are some tips you need to remember when selecting a broker for [...]
Marin County California Real Estate Profiles – San Rafael
Dec. 31st, 2008
San Rafael is the oldest city in Marin County, and it may be one of the most interesting and diverse as well. Comprised of 30 distinct neighborhoods in addition to a lively downtown shopping district, San Rafael is an eclectic mix of the old and the new. Downtown you’ll find a vibrant city plaza, full [...]
Housing Market Bottom – Price Action Estimates
Dec. 31st, 2008
Most market participants focus on price action. The price-to-price feedback mechanism largely responsible for bubble market behavior gathers its strength from an awareness of market pricing, and the widespread belief that short-term, past price performance is predictive of long-term, future price performance. It is a fallacy that is often reinforced in the short-term as irrational [...]
Flip That House Style Real Estate Investing
Dec. 31st, 2008
I love those TV rehabbing shows like Flip That House. On the show people buy a house needing to be seriously updated and repaired. Usually the kitchen is heavily upgraded with new cabinets, cutting edge appliances, new countertops and more. The bathrooms are completely redone with new tile, tubs, showers, sinks and more. The living rooms and other areas usually have walls taken out to open up the floor plan and usually carpet is replaced with some type of hardwood flooring. It\’s realistic to do what they show in a high dollar housing market like California to make the huge profits they usually get on that show. In a lower priced market like Memphis, TN rehabbers are looking to make $20-30,000 per house minimum. In California and on that show they are looking for $50,000-150,000 per house. That\’s because homes are so much more expensive in California where the show is produced.