Owner: Real Estate Guide URL:http://guiderealestate.blogspot.com/ Join Date: Wed, 22 Aug 2007 05:53:11 -0500 Rating:0 Site Description: Real Estate information including homes for sale, comparable homes, historical sales, home valuation tools and more.
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Condos Or Homes? 2007-08-17 10:52:00 Anyone considering the purchase of real estate in the Las Vegas area has a big choice to make. That choice is whether to go with a condo or a single family detached home. This is a big choice in this area due to the prevalence of an astounding number of condo developments in and around the Las Vegas Strip and the downtown area. There are some other considerations that should be made in the choosing of one or the other style of housing. Perhaps the first one that should be considered is the location as this is an intrinsic property of a home. There is likely to be more diversity in location when looking at single family homes as a good percentage of condos are in major urban areas. This is a trend that has been taken to new heights with the high-rise condo boom. Condos offer great convenience however the lack of additional property such as a yard can be a drawback. If this is not something that concerns you then a condo would be a great choice. There is also the idea that many condos wi Read more:Homes
Foreign investors keep eye on real estate 2007-08-17 10:51:00 The stability in Turkey's economy and high growth rates in recent years have attracted foreign interest in Turkey's real estate market.Foreign
investors choose Turkey as one of the best countries to invest in because of its potential to gain value. Foreigners invested $6.2 billion within the last year in real estate in Turkey, and around $3.1 billion of this was spent on houses and summer houses.Yatırım Group General Manager Yusuf Gülpınar said European companies in particular are focused on real estate investments in Turkey. "European investment firms, mainly from Austria, England, Holland and Belgium, have made huge real estate purchases," he said.There were 20 big deals on real estate in the last year alone. One of the world's largest investment funds, the US-based NCH New Europe Property, makes it procurements through Atakule Real Estate Investment Partnership (GYO), Alarko GYO and Yapı Kredi Koray GYO. Swiss-based East Capital Asset Management works with Vakıf GYO, and Un
Real Estate Investing: Time Is Money 2007-08-17 10:50:00 Which sounds better to you? An investment in the stock of a company upon whose management you will have to depend not to cheat, lie, steal, or simply be ineffective in marketing their product or service, in a stock market which is hysterically sensitive to the fluctuations of world events over which you have no control?Or an investment in a piece of real estate in which you may be able to live, or rent to someone else for income, or simply go an walk around on, knowing that you have purchased something over which you are in control about which you can make all the decisions?Land ownership had, until the twentieth century, been the measure of a man's character. As archaic and unfair as that practice may now seem, land is a limited commodity without which no other business can function, and which has inevitably increased in value for those who remain patient. While millions of people have turned to the stock market as a way of growing their assets, real estate investing, for a longer pe Read more:Estate
, Investing
, Money
, Real Estate
Online Real Estate Auctions 2007-08-17 10:50:00 There are now quite a few places online where you can search for, list and purchase real estate. Ebay, originally known as a place to sell off unwanted widgets from your garage or basement, is now a serious player in the real estate market, with listings of every kind.One question that naturally occurs to many prospective buyers and sellers is, simply, is this a safe way to do business for such a high-cost item? It's easy to picture a nightmare scenario where you buy a house or piece of land, sight unseen, from a photo posted online, and then it turns out that it wasn't at all what you thought you were getting.The fact is, when it comes to doing any kind of real estate business, whether over the internet or in person, it is absolutely essential to exercise due diligence. Real estate fraud has been an unfortunate fact of life long before online auctions --ever hear of someone buying the Brooklyn Bridge or a Florida swamp? If you do your homework, the internet can actually be an asset, Read more:Estate
, Online Real
Quick House Sale : Prompt Solution For House Selling Needs 2007-08-17 10:49:00 Reasons might be numerous why someone wants to sell his house. You might suffers some severe financial loss, and are willing to sell your house. Likewise, if you are emigrating to other geographical location, you will like your house to be sold off. Divorce, illness, property inheritance, etc. are some other apparent reasons initiating people to sell off their property. Often the need of selling house would be too urgent. And in this case, buyers will try to take advantage of their situation, and will pay them unreasonably low price. Availing quick house sale facility helps such home-owners in selling their house at appropriate price.One of official surveys in UK state that the house sales in UK has increased by 10%-12%. Though the figure is inconstant every year, yet the tremendous growth in the figure of quick house sale is very obvious. This facility of selling house enables you to sell your house quickly, and that too at a good price. Little matters which location you are residing Read more:Quick
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Sell House Fast and Get Quick Money 2007-08-17 10:48:00 If you are a house owner and if you are in a financially dire situation, one quick way to get access to cash is to sell house fast. This move gives you that much-needed cash to fulfil your urgent monetary requirements. However, in the circumstances when the market is more in favour of the buyers, it may not always be easy to make a quick sale of your property.Yet, there are certain ways which can help you out to make a quick sale of your property. As a rule, the sooner you wish to sell off your property, the lesser time you get to negotiate and thus to push for your asking price. The scope for profit may be reduced. This should not come as a disappointment. One of the most advisable things to do is to avail the services of a real estate agent. There are a few reliable property agents who have helped people out in difficult situations, as and when they needed to sell house fast to get quick cash in hand.They can prove to be really helpful to look after the dealing part as well, as to se Read more:Money
, Quick
, House
Rent Back Your Own House after Sale to Save On Your Mortgage 2007-08-17 10:47:00 Rent Back is a special scheme whereby you can sell and rent back your property. As you know, this is an age of rising interest rates, and many people spend beyond their means against the leverage of their credit cards, and find themselves in a soup as and when the credit card debt accumulates. This can lead to an escalation of repayment problems. In such a situation, where you risk defaulting on your repayments, you can go for the option of selling your home quickly and at that, too, while being exempt from the usual costs involved in selling a house, such as the closing fees.And, after the sale, the homeowner-borrower can rent back his own property at a payment lower than the mortgage payment. This is often a career-saving resort for a borrower to protect himself against financial ruin. Rent Back is a nice way to save the borrower's home from foreclosure, and to still retain residence of the house. It is also an opportunity that allows the homeowner to save face at a time when the si Read more:House
, Mortgage
Selling Your House Without A Realtor 2007-08-17 10:47:00 Do you want to sell your house without paying a commission to a realtor? And why shouldn't you? With the median house price in the USA at $223,000 in 2006, a 7% commission is $15,600. This may be equal to 50% of your appreciated house value. But, selling your house using a realtor is hassle free because the realtor does all the hard work. A realtor also provides a marketplace for your house where hundreds of potential buyers participate. However, if you want to pocket that extra chunk of money that would have otherwise gone to the realtor, you have to do the hard work, including marketing your home. Follow these simple strategies to fatten your pocket.The first strategy is to price your house accordingly. How do you do that? Don't tag an unrealistic price to your house because you had replaced those old kitchen cabinets a few years ago or you have stopped your roof from leaking. Your house is not worth more than the market value of comparable houses in your neighbourhood. Go to www.z Read more:House
, Realtor
Sell Your House "As Is" For A Fair Price 2007-08-17 10:46:00 Home buyers are getting choosier about the homes they'll buy. Since many areas are flooding the market with newly built homes, buyers get accustomed to fancy showrooms and financing deals. This means tough competition to find a buyer that sees the potential in a home that needs a little work, without substantially lowering your asking price.WHY CAN'T I GET A FAIR PRICE?In many cases buyers EXPECT your home to be in 'move-in' condition before parting with their money. They see new carpets and freshly painted walls in showrooms and are judging your home with the same measuring stick. What does that do?It changes what people are willing to pay. You receive offers subject to negotiations - meaning YOU have more work to do before the sale takes place. Others may simply try to give you a ridiculously low offer if they buy 'as-is'.If you have pressing circumstances that mean you can't do the work or can't afford the time it would take to have the work done you may take one of these of Read more:House
Getting Ready To Sell Your Own Home 2007-08-17 10:45:00 With current real estate commissions ranging from 4 to 7 per cent, many home sellers are thinking of selling their home themselves.Every year, approximately 10 per cent of homes are sold by their owner. To sell your own home, you will need patience, commitment, and a willingness to take care of details.Who Should Handle the Paperwork?One of the biggest obstacles to selling your own home is dealing with all of the paperwork. From disclosures to escrow documents; deeds to sales agreements; unless you are experienced in handling legal documents and contracts, it is wise to hire a lawyer that specializes in real estate. A real estate lawyer will handle all of the details for you, and prevent any legal disputes that could arise if these documents are not handled correctly.How Do I Advertise My Home?You will need to plan your advertising methods to let the world know that your home is for sale. One of the easiest ways to do this is to check out the ads in your local paper. Cut out the ads th
Advertising To Sell Your Own Home 2007-08-17 10:45:00 "House and Lot For Sale! Direct Buyers Only!" -- These popular ads can be found everywhere, including the internet...Many people rely on the internet to sell their property because it's a great way to advertise. There are a growing number of websites that allow posting of "for sale by owner" ads. These websites target buyers from all around the world. Internet ads are also being proven worthy of consideration because of their cost-effectiveness as compared to other forms of advertising.Taking a sneak peak at lists of properties which are for sale by owners on the internet can help you gather indispensable information. You can also access handbooks and other sources of information that are available on the internet.Every day, thousands of people become potential buyers of products and properties that are for sale by owners. They go through newspaper ads, banner ads, search engines, billboards, and other sources of information to find what they are looking for. If you are planning to se Read more:Advertising
Sellers Tips: Home Sale Preparation 2007-08-17 10:43:00 So you are selling your home and need a little guidance on getting it ready for the droves of interested buyers that will be coming to see what you have to offer? No problem. Getting a home ready for shows is a pretty simple thing. All it really takes is some planning and careful execution, a bit of time, and maybe a few bucks but the end result is amazing when done properly. You may even wonder why you are selling the home in the first place! It funny, some people are amazed at how different their home looks when all is said and done.All right, let's get down to business. The first thing that you will have to consider is cleanliness. Now, you may say "but my home is already clean!" This might be true, but go and have a look at a new construction show home, how clean is your home compared to that? It's alright that your home has some mess in it, it is to be expected. After all, nobody lives in a show home and you likely have a whole family in yours right? Ever heard the term "white g Read more:Sellers
, Home Sale
The Secret To Selling Your Home 2007-08-17 10:43:00 The SecretIf you are reading this...then you are truly ready to receive the TRUE secret to selling your home....Many agents advertise that they know this secret, or say that their vast experience and knowledge of the market will sell your home faster than anyone else. Or that their superior negotiating skills will get you top dollar for your home. I am about to tell you a secret that none of these other agents will tell you....The secret is............there is no secret...I know you were hoping there really was a secret....The best sellers are those that think like a buyer, I call it staying in your "Buyers Brain" What do I mean by that? Well, have you ever been a buyer? If so, what made you buy that house? Was it the listing agents vast experience? Was it the $5.00 color brochure? Was it that talking house? or Was it the expensive newspaper ad, where the agents picture was bigger than the house? or was it the "Just Listed" postcard? Before I was an agent, I was a consumer looking for
To Survey or not to Survey?-Your house is on my lot. 2007-08-17 10:42:00 The real estate world is a fun mix of long hours of paperwork peppered with showing properties and talking on the phone to clients and other agents. When we're not doing that we're trying to learn as much about the real estate world as we can to get a leg up on the next guy. Recently I was reading a pamphlet given to me by Sally Staudt of Staudt Surveying entitled What You Need To Know About Having Your Property Surveyed. It made me realize how misunderstood surveys are by the average Real Estate Buyer. Most people do not know that a survey is not only a piece of paper with some boundary lines on it. The paper portion is called a Plat but the survey itself consists of 3 separate parts. The Research Phase is where all of the legal documents affecting the property are gathered and researched. The second phase is the Fieldwork Phase which is what most people think of when they hear the word Survey. This is where the surveyor crew goes out in the field with all of their equipment and loc
New Condos, Custom Home Choices 2007-08-17 10:38:00 Considering a new home? Looking for something that you can make your very own from the ground up? Well, it's a bit hard to do that with already established homes and new construction homes sometimes offer customizable options but these homes are not what you would call "affordable by the masses." However there is an option that is a bit more affordable and available. Pre-construction condos are a great value and have the option of being designed by....YOU....with some assistance. Many of the new developments that we are seeing have given the buyers the ability to customize the interior of their new condo with help from local designers and contractors.This is a fantastic opportunity to get that living space that is uniquely "you." There are a few different ways that these kind of units are dealt with. The first way is that the units will be ready for your design touch after the walls have been erected and the unit is basically finished aside from things like paint, counter tops, fixtur Read more:Custom Home
Commercial Real Estate Loans 2007-08-17 10:37:00 Commercial real estate loans can help you buy, build or refinance commercial real estate property owned by you or your company. Such commercial loans are intended to help you acquire, construct or abridge payments for residential income properties. Some of these are apartment buildings, commercial business properties, retail or warehouses or a development project like a subdivision or condo complex. There are several commercial mortgage lenders that offer commercial real estate loans. These commercial real estate companies will help you find commercial lenders and commercial construction lenders that will process your application. These internet directories can be useful tools. As a general rule, you should only use a commercial mortgage lenders services that give you direct links to apply for a commercial real estate loan. This will help you to cut down on the paper trial and do business directly with the lender themselves. Most often commercial mortgage lenders databases require that Read more:Estate
, Commercial
, Loans
Getting Started With Real Estate Investing 2007-08-17 10:36:00 One of the best ways to get started with building your own personal wealth-building system is by investing in real estate. Becoming a real estate investor is a daunting task, but one that will, if operated efficiently, pay dividends forever.How does one start with the business of real estate investing? Let's look at plans to get started buying and selling real estate property:Plug into your local real estate investors association. Most medium to large communities have a real estate club where other real estate investors attend regular meetings. These are other investors with the same goals and dreams as you.People gathered together with like minds create a social atmosphere that motivates new investors to take action. Club members share ideas with other members, discussing what works and what does not work in real estate investing.Before actually buying any investment properties, beginning real estate investors should begin to put their organizations together by outlining a specific b Read more:Estate
, Investing
Blogs: 5 Reasons Why All Real Estate Agents Must Blog 2007-08-17 10:32:00 If there's one thing that I continue to repeat to my Real Estate
clients over and over and over, it is that blogging is one of the most effective ways to attract prospects to your Real Estate website, and you need to be doing it at least weekly.Here are five reasons why all Real Estate Agents
must blog:Search engine optimizationBlogging helps your Real Estate website achieve a higher ranking on search engines. The key to search engine ranking is information-rich content. Blogging is the ideal format for publishing information on the Internet, and it's really easy to update a blog. It's just like writing an email only it's to the whole world. Every Blog you post becomes its own web page adding yet another page of content on the web. The more content you have on your Real Estate website, the more you look like an information-rich website to the search engines.CredibilityA blog helps to brand you as an expert in Real Estate. Blogs
are the perfect place to talk about what you know, mar Read more:Reasons
What's Up With Real Estate? 2007-08-17 10:31:00 This is a question that is being asked in a somewhat panicked way across the nation. Over past 10 or more years this country had experienced a real estate boom of epic proportions. This boom inflated prices and kept the market in a seller's market for quite some time. This also increased the number of homes and condos being developed and there was an incredible supply and a matching demand. This also made it more difficult for some people to get into a home as rising prices kept some people out of the market. This also caused what is now being referred to as the sub-prime lending crisis. So many people chose to take out 100% financing or high-interest loans to be able to purchase a home and when those mortgages could not be paid it led to an all-time high in foreclosures.What does all this mean? Well, that is not exactly a short answer. As we have seen there is a slow down happening on a national real estate level. Certain areas are still showing good growth but the major markets that Read more:Estate
Five Tips for First Time Arizona Home Buyers 2007-08-17 10:30:00 Finding an Arizona
home is not difficult, but knowing what to do next to purchase it requires a little research and effort. First
time Arizona home buyers sometimes have the most trouble purchasing a home because of their inexperience. Here are some tips to help first time Arizona housing seekers purchase their first home successfully.Make Sure That Your Finances Are In Order: As a first time home buyer should spend at least the six months prior to purchasing a home getting your financial situation in order. This means checking your credit report to make sure that there are no blemishes.Paying off collections and other debts to improve your chance at obtaining and affording a mortgage is also an important step to take as a first time home buyer. It is important that you take a good look at your budget to determine how much you can comfortably afford to spend on a mortgage. It is not a good idea to stretch your money too far.Get pre approved for a mortgage. Once you have done the work t Read more:Buyers
, Home Buyers
What To Look For In A Vacation Condo? 2007-08-17 10:24:00 Finding a vacation condo is never an easy task, and for the inexperienced property buyer, it can be riddled with complexity and fraught with distress. If you haven't experienced the vacation condo market, it can be quite difficult to understand what equates to good value for money, and searching for the right vacation condo for you can be nothing short of a nightmare. However, provided you know the ins and outs of buying a vacation condo, and what you should look for in the buying process, you should be able to find something that suits your needs without too much hassle. In this article we will look at what you should be looking for in a vacation condo, and how you should proceed through the buying process.One of the most important things to look for when considering investing in a vacation condo is the area in which you are opting to buy. The area in which you are buying can have a significant impact on the price you pay, and also on the level of enjoyment you can obtain from your n Read more:Vacation
, Condo
Online Advertising Guide for Estate and Letting Agents 2007-08-17 10:22:00 The internet and the search engines are vital in gaining your agency new business. The question is who do you trust, how do you go about this and what is the best way to achieve the vital new tenants for the vacant property. In all cases there is an allocation of money for marketing of your property, some of this will be on local advertising in newspapers, radio, sponsorships and local publications. The other part will be online advertising, this may include your own website as well as other forms of advertising such as the search engines and other portal websites.Search Engine Advertising
When looking to advertise on the internet you are wanting to have the most cost effective exposure for your property and agency that is available. Search Engines have more than one way to get listed in the areas that you cover. There are paid forms, local search engine advertising and generic search results.Paid FormsPaid advertising in the search engines are sponsored results, these can be seen in on Read more:Estate
, Guide
, Letting
, Online Advertising
Real estate prices in France set to rise 2007-08-17 10:22:00 A report in the press says that prices in France
are set to rise significantly in the latter half of this year."Property prices across France are likely to be impacted by the current initiative to improve the rail infrastructure in the country, experts have predicted. I think with the rail link and new infrastructure you will probably see property prices rise," said Hetal Shah, director of Investors Provident.It is generally believed that improved rail services are unlikely to have as great and impact as new low-cost flights to previously little-known regions of the country, he nevertheless expressed his confidence that prices will rise, particularly in popular holiday destinations."Any kind of interest definitely does have an impact because people who have been very sceptical about those areas will start to see that there is more new development coming in, and more infrastructure means more money coming in to the area as well," he said.We believe that hand in hand with improved commun
Owning a vacation property or holiday home can be a bit of a juggling act. 2007-08-17 10:21:00 Your natural instinct is to make your vacation property
as good as it can be - something to be proud of.You want your guests to walk in and say 'Wow!' and you know that impressing your guests leads to that all-important repeat business.You need to strike a balance between pleasing your guests and making a profit and when you spend money on the property you need to see a return either in increased asset value or increased rental rates.A few years ago I owned a pool home in Orlando - surely one of the most competitive vacation rental property areas. At the time games rooms were all the rage and much as they were expensive to install with all the necessary equipment, those who didn't make the investment soon found themselves struggling for bookings.Guests are looking for more for their money and in a competitive market, you can't afford to disappoint.That said, there are many things that you can do to your vacation property to improve your rental prospects without going to a lot of ex Read more:Owning
, juggling
Real Estate & the Sub-Prime Mortgage Bust 2007-08-17 10:20:00 "If you've been paying attention to the real estate market over the last couple of years, you've probably heard the term "sub-prime mortgage bust". You might even have a vague idea that this is a current real estate problem which is causing problems in the American economy. And if you're just the average person out there in the world, you might not need to know any more about the sub-prime mortgage bust. But if you're a home owner who borrowed money on a sub-prime mortgage or a person currently interested in purchasing any sort of real estate, you should know more about this issue.First things first. To understand what occurred in the sub-prime mortgage bust,you have to know what a sub-prime mortgage is. Basically, when there are borrowers who can not qualify for regular home loans because of their poor credit, they can apply to get a sub-prime mortgage loan. There are different types of sub-prime mortgage loans including interest-only, choose-your-monthly payment and fixed-to-vari Read more:Estate
, Real Estate
, Mortgage
, Prime Mortgage
Sell Your Own Home 2007-09-01 04:56:00 Gone are the days of Realtors telling homeowners how to sell and how much to pay when selling their most endearing and, in most cases, most expensive material possession.....their home! Savvy sellers are now taking control of the selling process with clear cut goals on how much service they need or want, and how much money this is or isn't worth to them.Sellers are coming to the marketplace and clearly demanding their right to have limited service or menu type services on an as needed basis. In order for agents to stay current with the fast pace of real estate, it is evident that old attitudes, ideas and methods all need to be re-examined.Sellers Choices provides the seller with these choices offering a flat fee service or a discount full service. The seller no longer has to forego the exposure of having their home listed in the Multiple Listing Service in exchange for a full commission.With an MLS flat fee, the seller only pays one side of the commission. Let me explain what sellers
Debt-to-Income Ratios When Buying A Home 2007-09-01 04:54:00 The first thing a lender looks at when determining your ability to qualify for a mortgage is called your "debt-to-income" ratio. That is the percentage of your gross monthly income that you spend on long term debt. This includes your mortgage payment, taxes, insurance and HOA fees. I also includes any consumer debt payments such as credit cards, student loans or installment payments. Plus it includes car payments.Now you're wondering just how much that new car payment can reduce the purchase price of your new home. Let's crunch some numbers. Say you earn $5000 per month and have an average car payment of $400 per month. Calculating based off an 8% interest rate that car payment would cut your purchase power on your new home by about $55,000. That makes a considerable difference in the type of home you will be able to purchase.It does not matter if you feel you can afford both the more expensive home and the car payment. The mortgage companies approve based on their guidelines not you Read more:Income
, Ratios
, Buying
Make the Housing Boom Work For You 2007-09-01 04:53:00 There hasn't been a better time to buy a home in a long time. That's because there are so many new developments being constructed, leading to so many new homes on the market. This surplus of homes mean there's a lot of choice for consumers, but also, lower prices. With so many options, who wants to pay top dollar? Excess homes are driving prices down, and that's good news for buyers.With home prices getting lower every month, and, according to the National Association of Realtors, over 5% more homes on the market, supply is outweighing demand. According to Chris Isidore's recent article for CNNMoney.com, all the major luxury home builders are taking losses. Bad news for them is good news for you. Many new luxury master-planned communities are popping up in some of the most gorgeous regions in the state. Take advantage of this and get the lifestyle you've always wanted, for less than it would have cost a couple of years ago.Those whose real estate investments are suddenly worth le Read more:Housing
Buying VS Renting Your Home - Which Makes the Most Sense? 2007-09-01 04:52:00 Deciding whether to buy or rent your home can appear to be a tricky decision if you have yet to get your feet wet in real estate. In reality, however, the decision involves relatively simple math and logic. The basic rule of thumb is as follows: if you are looking to occupy for the short-term, renting makes the most sense; but if you are in it for the long haul, buying is probably your best option.Here's why:In the long run, real estate tends to appreciate in value. The amount of appreciation varies by area and market timing, but over time, most every home will appreciate in value so long as it is in a desirable area. In good markets, appreciation can exceed 10% per year on an annualized basis over a long time frame. The return on your investment that you actually recognize as a homeowner is much greater because of a concept called leverage.Leverage explained:Leverage in this case is simply borrowing money in the form of a mortgage to magnify your return on investment. Say you purchas Read more:Buying
, Renting
, Sense
5 Ways To Invest In Real Estate - Safely 2007-09-01 04:51:00 In the summer of 2007 we saw big drop in the real estate market. Lenders suddenly found themselves holding mortgages that were not getting paid and homes were falling into foreclosure by the thousands.This grew the number of homes in the national inventory. The new higher restrictions by the lending industry added to the large gap between home owners and home buyers.If you ever were thinking about be a real estate investor, the fall of 2007 is the time to start.Why, because there is an extra large amount of homes sitting on the market waiting to be bought. There are 100 of thousands of sellers hoping to sell their homes quickly, before they are forced into foreclosure.Here are some tips to follow:1. Never pay too much for your investment home... All investors follow the 70% rule. That means if a home is market value is $100,000 then you need to purchase it for $70,000. When you purchase a home to flip, you have closing costs when you buy and when you sell. There's holding costs when y Read more:Estate
, Safely
, Real Estate
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