Real Estate Information

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.

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 is PITI 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.

A Powerful Suggested Technique for YOUR Home & Property Search


A Powerful Suggested Technique for YOUR Home & Property Search

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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Washington Real Estate Investment Trust Amends and Extends Credit Facility
MarketWatch (press release)
ROCKVILLE, Md., May 18, 2012 (BUSINESS WIRE) -- Washington Real Estate Investment Trust (WRIT) (NYSE:WRE) has amended one of its two unsecured credit facilities, to extend the maturity from July 1, 2014 to July 1, 2016, with a one-year extension option ...

and more »


Cole Real Estate Investments Acquires Eastland Center from The Westfield Group ...
San Francisco Chronicle (press release)
Phoenix, AZ (PRWEB) May 17, 2012 Cole Real Estate Investments (Cole), one of the nation's leading investors in high-quality, income-producing retail, office and industrial real estate assets, announced the acquisition of Eastland Center, ...

and more »


Toronto Star

Real Estate Contacts, Inc. Chooses Facebook for Social Media Marketing Expansion
MarketWatch (press release)
NEW CASTLE, Pa., May 18, 2012 (GlobeNewswire via COMTEX) -- Real Estate Contacts Inc. (OBB:REAC) announces the expansion of its online social media campaign and has chosen Facebook as the primary social media channel. "Our research and testing has ...
How will the Facebook IPO affect local real estate?San Francisco Chronicle (blog)
The Facebook effect on San Francisco real estateCNNMoney
Facebook IPO Could Create at Least $1 Billion in Property ValueHuffington Post (blog)

all 14 news articles »


New York Observer

Real Estate News: The New First Family of Real Estate
Wall Street Journal (blog)
By WSJ Staff AP The New First Family of Real Estate: In a real estate shopping spree of epic proportions, the daughters of Formula 1 Racing boss Bernie Ecclestone have snapped up hundreds of millions of dollars worth of high-profile properties in the ...
Heiresses Play Real Estate Investors with Family FortunesNew York Observer

all 4 news articles »


Inman.com

Real estate at the lake on the upswing
Lakenewsonline.com
Jacobs, a Realtor with Lake Real Estate Group, LLC, regularly provides updates to email subscribers based on Multiple Listing Services (MLS) statistics. The numbers, and other economic factors, point to better days ahead in the real estate world at the ...
Awareness was Risen at Real Estate Rally by RealtorsLoanSafe
Realtors(R) Raise Awareness at Real Estate RallyMarketWatch (press release)
Realtors raise awareness at real estate rallyDaily Local News
Naples Daily News
all 54 news articles »


Fitch: US Commercial Real-Estate CDO Delinquencies Rise In April From March
Wall Street Journal
Delinquencies on US commercial real estate loan collateralized debt obligations crept up again in April from March, but asset managers' realized losses declined, according to Fitch Ratings. Late-pays for US CREL CDOs finished 2011 at a lower level than ...
CREL CDO Delinquencies Rise SlightlyMortgageorb
US CMBS REOs Top $11 Billion; One-Third of All DelinquenciesCoStar Group

all 5 news articles »


TEXT-S&P Summary: Central China Real Estate Ltd.
Reuters
(The following statement was released by the rating agency) May 18 - =============================================================================== Summary analysis -- Central China Real Estate Ltd. ---------------- 18-May-2012 ...



Inland Real Estate Corporation Pays May and Declares June Cash Distribution to ...
MarketWatch (press release)
OAK BROOK, Ill., May 17, 2012 (BUSINESS WIRE) -- Inland Real Estate Corporation (NYSE:IRC) today announced that it paid a cash distribution of $0.0475 per share on the outstanding shares of its common stock to common stockholders of record at the close ...

and more »


Pure Industrial Real Estate Trust Announces Agreement To Acquire Fully Leased ...
Sacramento Bee
By Pure Industrial Real Estate Trust (PIRET) VANCOUVER, May 17, 2012 -- /PRNewswire/ - Pure Industrial Real Estate Trust ("PIRET" or the "REIT") (TSXV: AAR.UN) today announced it has entered into an agreement to acquire a fully leased multi-tenant, ...
Pure Industrial Real Estate Trust Announces Release of Q1 2012 Financial ...MSN Money
Pure Industrial Real Estate Trust Announces Agreement to Acquire Two Fully ...Business Review USA (press release)

all 28 news articles »


Should You Keep Secrets From Your Real Estate Agent?
Wall Street Journal
If that's the case, don't entangle a blameless real-estate agent in your troubles and don't ignore the problem. Consult an attorney. Write to June Fletcher at fletcher.june@gmail.com. This copy is for your personal, non-commercial use only.


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