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How to Come to be a Famous Real Estate Agent

So, you have taken the courses and you have now become a real estate agent. Or, you now are a real estate agent. Now that you are, or now are, a real estate agent, how do you become a well-known real estate agent?

Right before receiving into the specifics of turning into well-known, you want to sit again, kick up your ft and decide on your specialized niche. Your specialized niche will be the springboard from which you start your campaign to become well-known. Is the luxurious market your thing, or maybe currently being a purchaser’ agent is extra your cup-of-tea. You want to decide where your strengths lie and then you’ be capable to improved concentrate your strength and hone your experience.

At the time you have defined your specialized niche, you are prepared to move forward with THE thing that will make you well-known in your specialized niche.

It has been mentioned of late that 80 per cent of house looking begins on the Web. If you are to become a well-known real estate agent, you need to become Web savvy. Most big brokers these days offer a web site for their agents. It would be a superior thought if you sought out schooling to make your web site stand out from the rest.

In addition, obtain an reasonably priced internet area from a single of the on the net vendors like GoDaddy. You can name it some imaginative name that will make people come across you and support them don’t forget it when they want to get in get hold of with you.

Branding is the important to standing out from the rest. You need to have a manufacturer that will make people don’t forget you. You’ want to backlink your branded area name to your web site with your broker to direct people to your listings and information. Also, come across strategies to use your manufacturer to make it some thing that sticks in people heads. Affiliation is a prevalent technique human beings use to keep memory. Associate your experience or name with some thing relevant to real estate that people will don’t forget. You want your manufacturer to stand out from the rest.

Together with delivering a internet tackle for each and every agent, some brokers even offer schooling for their agents to find out how to established up their web sites to make them specific and stand out. You’ want to both show up at schooling or hire a person to build your web site for you.

Both way, you’ want to get your web site up and managing with splashy graphics and backlinks that lead people to useful information. Make absolutely sure you insert a high quality photograph of on your own. Revenue have been shed owing to an novice photograph.

YouTube is a web site where you can publish movies you’ established of useful real estate information. Together with submitting it on your web site, some information you may want to take …

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Featured Post

Best Real Estate Program For Investors?

Realeflow lets you hold keep track of of advanced transactions like brief profits and rehab initiatives. It contains HUD-one spreadsheets and the skill to produce multiple logins for your crew-users, these types of as small business associates and Realtors. You get up to 16 high quality lead era websites (you spend for the domains) and if you decide for the upgraded package deal, you also get personal financial institution sales opportunities, cash buyer sales opportunities, renter sales opportunities, tax lien sales opportunities, fed into your database. Realeflow has some distinctive functions these types of as voice-broadcasting, a built in neighborhood fax selection to ship and acquire faxes, and their mobile internet marketing platform, Moby (for SMS internet marketing broadcasts). A person of the great functions of Realeflow is their Home Launch web site template, which provides you the skill to “start” a assets and provide it rapidly making use of the exact groundbreaking internet marketing methods and psychological triggers initially pioneered by Jeff Walker in his “product start method” .

Freedomsoft has only three lead era websites involved – buyer, seller & personal cash financial institution templates. Within the platform you have entry to all of the varieties and contracts you need to have for your wholesale discounts. You have the solution to upload Point out contracts as very well, which arrives in useful when you are making features on MLS-mentioned attributes or financial institution owned discounts. Freedomsoft however, does incorporate some notable functions that Realeflow does not. The platform also has, a person-simply click internet marketing, MLS sales opportunities, more video clip education in the means tab – (movies and scripts for negotiation, and downloadable audio books – REO Rockstar and Probate Gains). Two of the crucial functions that I like most about Freedomsoft are the give calculator and the skill to fill out contracts instantly from in just the program. This “offerbot” technological innovation, in my viewpoint, is what provides Freedomsoft the edge. It saves a great deal of time by prefilling out most of the give for you. Now, if you’ making dozens of features each and every week (which you really should be), all you would need to have to do is enter the Earnest Money total, The Offer you Amount and the closing date, and freedomsoft requires treatment of the rest. It even has a handwriting font to fill in the signature for you. I hope Realeflow requires note of this characteristic and incorporates it into their next program improve.

Now it has to be explained that Realeflow has lots of functions that give it a competitive edge for brief sale traders and rehabbers. As I stated prior to, the platform will help you fill out the HUD-one and lets you to established deadlines & reminders for different tasks that need to have to be completed during the brief sale negotiation system. Realeflow retains you arranged and reminds you to gather the suitable documents needed from the seller. If you are rehabbing attributes or need …

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Turn Precious Moments into Everlasting Keepsakes

The memories you make with your kids are forever ingrained in the hearts and souls of those who were there. Make sure those precious moments last for all eternity when you turn them into everlasting keepsakes. With Shutterfly, it is possible to take a moment for you and your child’s life and make it more memorable when you turn it into a lasting keepsake. At https://www.shutterfly.com you will be able to turn those digital images not only into great photographs but transform them into more when you create something more that will be everlasting. How would you like to take baby’s first Christmas pictures and turn them into ornaments for next year’s tree? You can do that at Shutterfly with very little effort on your part. You don’t have to be a creative person to take last summer’s vacation pictures and turn them into a storybook. How about taking all those funny acts the kids put on and turn them into a series of greeting cards? From coffee cups to tee-shirts and magnets to stationary if you can dream it you can achieve it at Shutterfly.

When it comes to the ultimate in creativity you will find it at https://www.shutterfly.com. The best thing about Shutterfly is that you don’t have to be that creative to make something that will take those precious moments in time and turn them into everlasting keepsakes. Before you head on over to Shutterfly, be sure to visit https://www.groupon.com/coupons/stores/shutterfly.com for great money saving coupons and coupon codes. How would you like to get 40% off everything? Use this code and it can be yours! Use this coupon code and enjoy free shipping! How about one free hardcover photo book + 40% off! Shop now and enjoy 25% off any order! Sign up for emails and get 50 prints, 1 magnet and address labels all for free! Use this promo code and get one free 8×10 art print. Act now and get up to 30% off + a free photo book! From 50% off photo books to 5 free 5×7 wedding invitations you will discover plenty of savings when you use Groupon Coupons.

Don’t let those precious moments in time escape you. Be sure to lock them into everlasting keepsakes when you create something remarkable at Shutterfly.

Use https://www.groupon.com/coupons/stores/shutterfly.com and you can create more with all the money you will be saving. Don’t wait! Act today and save!…

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55 Years Old – Don’t Buy A House

If you have owned a house and paid off the mortgage over the years you know the first 10 years is almost all interest payments with very little equity.

There is nothing wrong with buying a house as long as you can qualify. That means a good down payment and a steady job. None of that no-down-payment nonsense. The buyer must be serious about making those monthly mortgage payments and have a good job. Banks are checking these days.

The financial community in the recent past has been required to make mortgages for those who did not qualify with no down payments and had no serious intention of paying if it became economically uncomfortable. It is too easy to walk away.

The true cost of home ownership is not just the monthly mortgage payment. In a new house all the appliances, plumbing, roof, pool equipment, window frames, etc., etc., everything has an estimated life expectancy after which they need to be replaced.

Buying an older home means all of the above will occur sooner. Replace or repair can be expensive.

The true cost of keeping the house is the mortgage payment plus upkeep. Oh and let’s not forget taxes. Then there is a little thing called insurance that is required by the mortgage holder.

The industry calls it PITI = principle, interest, taxes and insurance. Depending upon the length of time of the mortgage and whatever your down payment was it normally comes out 10% annually of the selling price divided by 12 or 1% of the selling price each month.

If the house cost $200,000 that figures about or close to $2,000 per month.

If you are 55 years old do you want to take on that obligation? Wouldn’t it be smarter to rent? If the same quality home can be rented for $1,200 per month the renter could save the difference of $800 each month and in 10 years at retirement have $96,000 plus interest. I can guarantee he would not have that in home equity if he bought the house when he was 55.

Furthermore renters pay much less for rental insurance and have the ability to move to a new location any time. Renters do not have to put on a new roof or replace an old hot water heater. No major upkeep out of pocket expense.

How about a 6 month rental in Canada for the Summer and 6 months in Florida, Mexico or Dominican Republic for the Winter? The only extra would be travel expenses.

With so many rentals available the foreclosure prices are not yet a great buy. If a person wishes to buy there are yet about 4,000,000 more distressed properties to hit the market in the next 2 years. Prices will be even lower than today.

Do the numbers before you buy.…

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6 Tips Strategies Buying a New Home

Having a new home is the desire of own property owned by individuals who already have income, especially those already married. Today quite a lot of housing developers who create a variety of new housing with a location in the suburbs and in the city center. For loans tips, you can see at http://www.critii.com/.

The selection is returned to the consumer will have a house located in the city center or vice versa. In addition to the location as a careful buyer, should consider other things before making a purchase homes. One thing to note is in terms of the selling price of the house itself, whether in accordance with the value of land and buildings or not.

In order to obtain the appropriate residential home owners expectations, here are some things to consider in order to get a new occupancy as expected, among other things:

  1. The location of the house

From a wide selection of types of houses offered by the marketing department of housing, customers have to be smart in choosing a home location choice. This is due to the strategic location of the house that will assist customers in conducting all its activities from work, to the streets.

Note also that the desired location of the house is close to a variety of public facilities, such as hospitals, shopping malls, to the highway. Although the terms of the price a little more expensive, but the location can be the value of investments that increase the resale value of houses owned later when it will be resold.

  1. Price

This is another thing that should be considered by the buyer of the house, because if home prices offered were consistent with the market price and then location in the city center is already a two advantages that buyers get.

But if my budget to buy a home is still far from enough, then do not push yourself. Buyers can try the selection of other home which is considered sufficient to finance owned. Minimal buyer had been able to set aside one-third of the income of every month to repay a home if they want to use the mortgage system.

  1. Side building construction

Do not easily believe the good home form and minimalist shape of his physique. Also check the construction of the building before the home buyer decides to buy. For example, by knocking on her wall would look crowded or not the material composition of the building with a brick or adobe. If according to buyer’s feasible, it may immediately decide to buy it.

  1. Choose a trustworthy developer

House acquired from a trustworthy developer will increase customer satisfaction, this is because many elements of rogue developers promising home that was purchased, but in fact the house was sold to another buyer. So that the house is owned by two customers, then do not let the buyer gets the developers like it. The survey first name of the developer to be more confident decision-making.

  1. Looking for references and
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Budget Ideas for Staging Your Home to Sell

In today’s over-saturated housing market, it is increasingly difficult to sell a home – which is why real estate agents talk about ‘staging’ the home to sell. The goal of staging is to beef up the appearance of the home to highlight its best features while minimizing any negative aspects of the home – and to create a feel that potential buyers can relate to. You want them to see themselves living in the home. The trouble with staging is that it can eat into your wallet. This article focuses on ways that you can improve the appearance of your home without spending a lot.

Start Outside

Your mother probably already told you that first impressions are the most important, and boy was she right! The first thing that potential buyers will see when looking at your home is the exterior, so you want to create curb appeal with an inviting lawn and other small details. These low cost improvements can help you put your best foot forward when appealing to potential home buyers:

  • Mow your lawn, preferably with a diagonal slant that makes it look more manicured.
  • Take advantage of the power of yellow to sell your house by planning yellow flowers along the walkway or in planters by the front entrance.
  • Wash all exterior windows and sills.
  • Paint your front door an eye-popping color, like red.
  • Rent a power sprayer and spray the entire house to rid it of cobwebs and dirt and to give it a freshly painted look without the paint.
  • Place a new welcome mat on the front steps of the home.
  • Buy a new mailbox and invest in good lettering for the side.
  • Buy a plaque that bears your house number and display it near the front door.
  • Make sure that all of your outside lighting fixtures are working and in good condition; also make sure that there is adequate lighting for the outside should someone view it in the evening after work.

Rid Your Home of Clutter and Excess Furniture

Does your home contain too much furniture? Too much furniture can make any room look smaller, and you want just the opposite effect when trying to sell your home. Two to three pieces of furniture is all that you need in any room when you are showing a house; anything above that should be placed in a storage unit.

Clutter can be a real distraction when selling your home and it also sends a message to the potential buyer that you really could care less about your home – making them wonder if you have taken care of it over the years. Clean out your closets, pack up your books, rearrange your kitchen cabinets; in essence, remove all non-essentials and place them in storage or if you don’t need them, donate them to charity. Remove all personal items like photographs and replace with general artwork; you want the potential buyer to envision themselves in the home, not to wonder about the people who …

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What Are The Factors That Will Affect The Property Values In Malaysia?

First of all, the location itself is the main factor that will affect the property values in Malaysia. If a property is close to school, shopping mall, bank, transportation facility, hospital, restaurant, church, temple, airport or any other places that can provide convenience to the people staying at that area, that particular property will definitely has a high property value that will attract more people than any property.

When it comes to real estate, the principle of supply and demand refers to the ability of people to pay for real estate coupled with the relative scarcity of real estate. The property values will be driven up by the condition of high demand coupled with a certain purchasing power and a short supply due to the scarcity of land. In contrast, the property values will experience a drop when people demand less of it while more supply enters the market.

Let’s take for example Penang, being the second smallest state in Malaysia just after Perlis in terms of geographical coverage yet is the eighth most populous with 1.56 million of residents according to the population and housing census, Malaysia 2010 which is conducted for every ten years. Penang which has an average of 1, 490 persons per square kilometer is the second most densely populated states after Kuala Lumpur. This high level of population density puts competing pressure on land use which results in the rise of property prices as developers will put more expensive price tags on their projects due to the high-land costs. Besides, the lure as a tourist destination and a second home for foreign retirees is also one of the factors that results in a greater demand of Penang property. As a result, the short supply due to scarcity of land and the high demand from both foreign and local buyers is the main reason why Penang properties price are high as compared to say, Kelantan.

Apart from supply and demand, the Feng Shui and Vasthu Sastra which is known as the “science of construction” also have to do with property values in Malaysia. Regardless of you believe or not, many recent studies have shown that the property price will still be affected by Feng Shui. A property placed near a body of water can fetch you a handsome price compared to a property which is not. A property faced with a road junction or built at a dead-end road can have a lower price as compared to another property in the same area which is not. Many people trust Feng Shui because they consider that keeping things related to Feng Shui will bring steady growth, prosperity, good luck, good health, happiness and positive energy to the house, office or to the being. In this way, people will consider carefully the position and placements of the property which in turn makes a well placed or well designed property more attention-getting and favorable.

Next, inflation also has an impact on property values in Malaysia. At its most basic …

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Hiring A Commercial Real Estate Broker For Leasing Office Space

It may seem like an arduous undertaking to consider renting office space for your business, especially if you have never done anything like it before. There are so many different listings available on the market, and they all very in leasing costs; all of this can be too much to handle.

Apart from the issue of considering all the available units, you must first figure out exactly what it is that your business needs, in terms of office space. All of this can be very overwhelming, as you attempt to find the best office space location for your business.

The thing to keep in mind is that you need not face all of these problems, as you try to find the most ideal location for your business. You can do this by seeking the professional help of a commercial real estate broker.

These commercial real estate brokers do their job just like real estate agents. The only difference is that brokers focus more on doing business with buyers of commercial space, as well as owners.

Commercial real estate brokers also work just like brokers, in that they serve to aid those that need help in locating the best office space for their business, given their budget range and conditions. These brokers are equipped with lengthy lists of owners of commercial space, and they are sure to help you discover at least two prospects that meet your requirements and budget range.

In doing business with a commercial real estate broker, keep in mind that you must be forthright about your budget range and conditions, and see to it that you enumerate everything that you want and need for your business’s office space. In doing this, you will be helping your broker help you locate the best units.

Request your broker for about three options, and ask him or her if he or she could set up a viewing schedule for these locations, and perhaps your broker can even arrange an appointment with the owners. Being able to see the units firsthand and talking about matters of concern with the owners should be able to guide you in singling out the best unit for your business.

As expected, it does not cost very little to afford the services of a commercial real estate broker. On the other hand, having the advice of a professional in these types of circumstances will be sure to alleviate you of stresses, as well as aid you in better transacting with owners.…

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Investment Properties – Loan-to-Value (LTV) Vs Debt-Credit-Ratio (DCR) And What Has Changed?

We are seeing signs that the commercial real estate market has bottomed out as users and investors cautiously begin buying value added commercial/industrial properties. However, lenders are taking a very conservative approach in underwriting these deals in today’s volatile real estate market.

Loan-to-Value (LTV) continues to play an important role in determining the loan amount and down payment required for the purchase. The appraiser plays a key role in assessing the value of the property and ultimately the loan amount. Traditionally, users/companies can expect to buy a property with as little at 10% down or a 90% LTV and investors can expect to put down 25 – 30% or a 70 – 85% LTV. This has not changed and is still the case today.

Users/Companies continue to gravitate towards SBA financing (Small Business Administration loans) which allows them to obtain a conventional loan at an 80% LTV with the SBA loaning 10% in a second position and the borrower having to put down only 10%. Obviously the company’s financials are heavily scrutinized and anyone owning more than 20% of the company must personally guarantee the loan. This has been and is still the case today.

Investors are having a much more difficult time obtaining loans to purchase income producing properties. Lenders do factor in the Loan to Value (LTV’s) on these loans as well as the investor’s financial wherewithal, but the biggest concern is with the property’s ability (income) to afford the loan payments. Debt Coverage Ratios (DCR’s) are now at the forefront in determining how much the lender will loan on the property.

In the past DCR’s were used to determine the loan amount for income producing properties but lenders were less stringent in allowing investors/borrowers to make an argument for future income (actual rents vs. market rents) in determining NOI (Net Operating Income). This, coupled with rising property value, had both appraisers and lenders being overly aggressive in projecting a property’s market value in which to base the LTV and that is what ultimately resulted in a lot of nonperforming loans you see today.

Case Study:

Earlier this year we recently represented an investment group buying an industrial building leased to a food processing company in the Vernon, California market. This is a single tenant building with a ten year NNN lease. The annual NOI (net operating income) was $141,000 with fixed rental increases every 12 months. The property was showing an 8% return based on a $1.74 million purchase price. The investment group had budgeted 25% down or 85% LTV.

The Lender analyzed the property in the following manner to determine the loan amount:

Gross Rents of $141,000
Less Vacancy of 10% or ($14,100)
Less Reserves of 3% or ($4,230)
Less Management of 3% of ($4,230)
Property Taxes to be paid by tenant
Property Insurance to be paid by tenant
Total Expenses ($22,560)
NOI was now calculated to be $118,440
A Debt Coverage Ratio (DCR) of 1.2 was applied to the NOI
Calculated Debt Service NOI / …

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How to Obtain Title For Abandoned Real Estate Through Adverse Possession in the State of California

What is Adverse Possession? How can I obtain title to real estate?

In a nutshell adverse possession is a process where a person or an investor can obtain the ownership or title of real property from another person because the owner has abandoned the property. This is done by simply taking possession of that property in the manner prescribed by state law.

In doing so, you can, literally acquire ownership or title of the real property for just paying the back delinquent real estate taxes and the cost to file a quiet title lawsuit establishing that you obtained title to the property through adverse possession. In other words, you can take title of valuable property for a incredible discount.

The Law of Adverse Possession

The laws governing adverse possession is local state (or, in Canada, territorial law); consequently an Abandoned property investor must look into the specific laws of a specific state or Canadian territory where the real property is located. Since the laws are different dramatically from jurisdiction to jurisdiction and can often be confusing, anyone wishing to take title to real property through adverse possession should contact a knowledgeable attorney before attempting to do so.

In order for you to begin understanding the requirements of Adverse Possession let’s look at a specific example. Below is a closer look at th California Adverse Possession law. We will use this law to identify and explain some of the more common terms used in Adverse Possession.

California Adverse Possession Law

Briefly, California state law states that Real Estate investors wanting to obtain title to another person’s real property through adverse possession MUST satisfy all the following Requirements:

1.That the Abandoned property investor’s possession was held under either (1) a claim of right or (2) under color of title:

2.That the Abandoned property investor’s possession was actual, open and notorious;

3.That the Abandoned property investor’s possession was hostile, adverse an exclusive;

4.That the Abandoned property investor’s possession was continuous and uninterrupted for a period of five years;

5.That the Abandoned property investor paid th real property taxes during that five-year period.

Possession must be held under either (1) a claim of right or (2) under color of title.

The California statutes governing adverse possession and as well as the statutes of most other states make a distinction between claiming adverse possession based upon a “claim of title founded upon a written instrument or judgment or decree” (often referred to as a claim under color title) and claiming adverse possession based upon “a claim of title exclusive of any other right, but not founded upon a written instrument, judgement, or decree” (often referred to as a claim as either a claim of right, see California Code of civil procedures Section 322 and 323. As to such claim under claim o right, see Code of Civil Procedures Section 324 and 325.

Basically a claim of adverse possession based upon color color of title is one where the claimant(Abandoned Property Investor) took in good faith …

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How To Be An Expired Listings Guru (Note: This Is 100% Legal)

The biggest mistake you can make in real estate sales is overlooking the ripest fruit.

Where is the ripest fruit in real estate sales?

Here is the list of the easiest targets for your quality, professional real estate brokerage services:

In order of COLD TO HOT prospects:

9. People hiding under random targets (cold calling, door knocking)

8. People you know (your “sphere”) (just slightly better than random)

7. People who have listed property with a competing real estate broker

6. People who promise someone they will list their property

5. People who promise you they will list their property soon

4. People who have listed, and are currently dissatisfied with their broker

3. People who, today, will drop their current broker and might look for a new one

2. People who promised to give you the listing

And the NUMBER ONE HOT PROSPECT is sort of almost a client already:

1. People who signed a listing agreement with you that is post-dated for the day their current listing agreement expires

I am sure this list could be fortified in many ways. In some of my writings on my website I let you know about some more prospects and how to get them. But for right now I want to let you in on a little-known secret.

This secret is information that most real estate salespeople would pay a lot of money to get, and I will give it to you free here.

The way to get this information is to log into the MLS system of your choice (Rappatoni, MLX, e.g.) and search the database for listings which expire within two weeks. NOT EXPIRING TODAY. That is too late.

Then, contact those sellers with a very plainly stated letter which says in BOLD CAPS: this is not a solicitation to list your property during the present time, but in the future, when NO OTHER LISTING MIGHT EXIST on your property.

Include a statement a listing agreement. Why? Because your sellers may be interested in selling their property still, if their current broker does not hold up.

Make sure you POSTDATE the listing agreement and put it in the envelope.

OK, the big question is….

…Is this ethical? Absolutely. Here is why.

From the REALTOR® Code of Ethics : Standard of Practice 16-4: REALTORS® shall not solicit a listing which is currently listed exclusively with another broker. However, if the listing broker, when asked by the REALTOR®, refuses to disclose the expiration date and nature of such listing; i.e., an exclusive right to sell, an exclusive agency, open listing, or other form of contractual agreement between the listing broker and the client, the REALTOR® may contact the owner to secure such information and may discuss the terms upon which the REALTOR® might take a future listing or, alternatively, may take a listing to become effective upon expiration of any existing exclusive listing…. – Emphasis mine

This practice is known as the Postdated Listing. It is a real contract, but its …

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Cheap Home Appraisals – 2 Ways You Can Get a Free Home Appraisal

If you are looking for a cheap home appraisal, or free home appraisal, then read this article. I will show you two ways to get your home’s value for free. In today’s real estate market you need to know the true value of your home before you list it for sale. If you are buying a home you need to know how much that home is really worth in a declining market.

Real Estate Agents – Using a local real estate agent you should be able to get a close estimate of the value of your home or property. Real estate agents have at their fingertips many tools that will give a fairly accurate estimate of your home’s value. What will this cost? Usually it is free. So what’s the catch? Well, most realtors will do this for you in hopes of getting your business. Should you let just any real estate agent do this analysis? I say no. You want to select a real estate agent that is familiar with your subdivision or area. You also want an agent that understands how the features in your home will either increase the estimate or decrease the estimate. Once you receive an home value estimate, then you should use the next method to verify that the estimate is correct.

Home Appraisal Websites – I like using some of the free online home appraisal websites, like HomeGain. HomeGain will give you a fairly descent estimate within a few seconds. All, you have to do is supply your address and a few details about your home. Click the button, and within a second or two you will have a free home appraisal. There are other sites on the internet that do this type of appraisal but many are not free. I suggest that you get at least two estimates from an online source and then compare it with a real estate agents estimate. This should give you a fairly good idea of how much your home is worth.…

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