Real Estate Information

Can I Sell My Private Mortgage Notes?


In this country millions of homes are sold every year. In most cases buyers go to a bank or finance company to seek mortgage financing.

How to Prequalify a Buyer When You Sell Your Home By Owner


Before we get to the math there are a few terms you should understand. The first isPITI which is nothing more than an abbreviation for "principal, interest, taxes and insurance. This figure represents the MONTHLY cost of the mortgage payment of principal and interest plus the monthly cost of property taxes and homeowners insurance. The second term is "RATIO". The ratio is a number that most banks use as an indicator of how much of a buyers monthly GROSS income they could afford to spend on PITI. Still with me? Most banks use a ratio of 28% without considering any other debts (credit cards, car payments etc.). This ratio is sometimes referred to as the "front end ratio". When you take into consideration other monthly debt, a ratio of 36-40% is considered acceptable. This is referred to as the "back end ratio".

Purchasing Property With No Money Down: My Personal Experience


Have you ever seen those infomercials about buying houses with ?No Money Down?? They are really well done. They have all kinds of people offering great testimonials about how they have gotten rich, buying rental properties, with absolutely no money out of their pocket. You see this guy, standing on a street corner, talking to someone, and he says, ?I own that one,? pointing to a beautiful colonial. ?I also own that one next to it, and the one two doors down, and I?ll be closing on the one directly across the street from it, next week.? He then assures us that he has purchased 17 homes in the last eight or ten months, with zero money down on the properties. Plus, in many cases he?s also paid no closing costs.

Budgeting Your Log Home: Where Do You Start?


The Log home industry has matured these last many years, but there is still a lot of confusion about how much a log home costs. Naturally, everyone wants to know the cost of the log package; however, the budgeting only starts here. If you are shopping for a milled log package (as opposed to hand-crafted, which is a totally different category), the difference between one manufacturer's price and another is minimal when compared to the total cost of the structure. Here are some reasons why:

How to Get Financing after Filing Bankruptcy


If you're thinking about buying a home but have declared bankruptcy in the past, don't give up hope. There are still ways for you to be able to find a loan, even if your credit history is less than sterling.

Joint Ventures In Real Estate Development; So How Do They Work?


There are many reasons why you would consider joining with another person to undertake a development project in Joint Venture.

How to Price Your Property?


A house properly priced is half sold. But there are plenty of ways to price it improperly.. * You can't go by what you paid for the place. Perhaps you bought two years ago when local prices were skyrocketing, and things have cooled off since. Perhaps houses like yours can now be bought for less, and if you hold out for what you paid, you'll just waste your time.. On the other hand, perhaps prices in your area have taken off, and you'd short-change yourself if you just tried to "get my money out" (but you'd have a fast sale.). * You can't go by how much you've spent on improvements. A given street will support only a given price range. If you've invested so much that yours would be the most expensive house on the street, the buying public is not likely to reimburse you.. * You can't go by your tax assessment figure. Even in communities that aim at full-value assessments, the figures are almost never in line with what buyers are currently ready to pay.. So how do you price your house?. By putting yourself in a buyer's shoes.. What else is for sale in the area? How does it compare with your house? How long has it been on the market? What has sold recently, and how much did the buying public value it at? What has failed to sell in the past year?. Any good broker can furnish the data you need, often in the form of a chart known as a CMA, Comparative Market Analysis. . And once you have it, again think like a buyer. What price would it take for you to look at a list and say to an agent "Take me to see that one"?.

How to Make the Real Estate Market Work For You and Get The Most Money


How to make the Real Estate market work for you and get the most money.

Cheap, Bargain, Real Estate; Good Deals, Below Market, Low Priced Properties Are Available...


Cheap, Bargain, Real Estate; Good Deals, Below Market, Low Priced properties are available if you know how to buy them.

Real Estate: Reasons and Priorities for Purchasing Property


Real Estate: Reasons and Priorities for Purchasing Property. It?s not just about Real Estate as an Investment.

A Powerful Suggested Technique for YOUR Home & Property Search


A Powerful Suggested Technique for YOUR Home & Property Search

Horses In My Back Yard


Horses In My Back Yard

How To Give Yourself A $20,000/Year Raise Without Asking Your Boss


Why without asking your boss?

How Do I Implement The Lease Purchase Plan?


Well, as we have discussed in previous newsletters first you have to set up goals for yourself, both long term and short term. Don?t forget these goals define how your business is run. They will determine what you do on a daily, weekly and monthly basis. The best way to do this is to picture yourself a year down the road. Close your eyes and get a mental picture of where you want to be, what you want to have, how you want to look, then open your eyes and write all that down on paper or speak into a voice recorder.

How I Became a Real Estate Investor


Recently I closed on the sale of two homes. They were located about a mile apart and had comparable market values. However, beyond these two similarities, the two deals were very different from each other. Let me discuss in more detail the similarities and differences of the two deals.

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Forbes

Prime Real Estate On Fire Sale -- In Greece
Forbes
A deep and prolonged economic contraction has placed prime real estate on fire sale in Greece, creating good opportunities for bargain hunters. But they may not last too long. Buying prime real estate is all about good location and good timing. Good ...



The Boston Globe

As a real estate rookie, Jared Kushner snapped up Somerville ...
The Boston Globe
As an undergraduate at Harvard, Jared Kushner bought dozens of rental units in Somerville. But tenant complaints soon followed.
Residents of a teenage Jared Kushner's first real estate venture recall living with raw sewage and no heatRaw Story

all 2 news articles »


Buffalo News

Erie County Real Estate Transactions
Buffalo News
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending May 19, 2017. AKRON • 15 Madison, Donnal D. Folger to Mary E. Palizay, $140,000. • 36 Front St., Ruth Fiorello to Timothy C ...

and more »


Motley Fool

The Best Real Estate Investment for 2017
Motley Fool
Not only can real estate investments generate income streams that beat most dividend-paying stocks, but they also can appreciate in value over time. However, buying and renting out individual properties isn't practical for many people, and can be a ...

and more »


The week in real estate industry deals: June 19-23, 2017
Inman.com
While real estate agents chase leads and close deals on houses, there's another level of deal-making that takes place within the real estate industry: mergers, acquisitions, integrations and partnerships. We'll be recapping every week's noteworthy ...

and more »


OZY

Why Hasn't the Real Estate President Fixed Housing Yet?
OZY
The mogul president's name is synonymous with real estate. But as Donald Trump enthusiastically holds forth on America's “crumbling” infrastructure, the “collapsing” Affordable Care Act or “witch hunt” investigations of his administration, housing talk ...



JAM SESSION: Real estate sales
Wicked Local West Roxbury
Jam session is an opinion forum offering comments on issues from a group of Plymouth residents. It appears on the Forum pages in the Weekend edition of the OCM. The newspaper poses a question to the group each week, and participants choose whether ...

and more »


REAL ESTATE TRANSACTIONS
Arkansas Online
Robert G. Cress and The Robert G. Cress Trust, to Gregg L. and Brandy H. Tarini, 2 Tracts Being Pt NE SE 23-2N-15W; SE NE 23-2N-15W, $820,000. Elizabeth A. Gill to Thomas and Anna Dickinson, 20 Glenridge Road, Little Rock, L58, Robinwood, ...

and more »


Los Angeles Times

Traditional home tours are becoming obsolete. Real estate agents are using movies to sell mansions
Los Angeles Times
It's a real estate advertisement — uploaded to Vimeo — for an $8.5-million, 1.5-acre compound in Encino. Successfully marketing a mansion now requires much more than panning shots from an iPhone or even expensive videos shot by drone. Real estate ...



NewsOK.com

Executive Q&A with Steve Burris: New broker focus is key to real estate firm's success
NewsOK.com
Steve Burris worked part-time in real estate for 20 years before quitting his day job to open his own real estate and property management business seven years ago. “I saw an opportunity to change what's wrong with the industry,” said Burris, broker ...


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