Social media is a powerful tool that some don’t quite utilize correctly, or at least that’s what I often see within the real estate industry. Both real estate agents and mortgage brokers are, for the most part, targeting local clients and social media has made that nearly too easy these days. I want to show [...]
Archive | March, 2011
Considering the Crime Rate before Investing in Real Estate
When deciding on whether to buy a property, there are always a lot of factors to consider. One such factor which should never be overlooked is crime in the local area. By doing your research, you’ll be able to discover whether a property – which, otherwise, seems perfectly fine – is in an area with [...]
Apportionment of Liability in Real Estate Transactions
The Negligence Act and the Real Estate Transaction Ontario Real Estate Source By Brian Madigan LL.B. While many would wonder what the Negligence Act has to do with a real estate transaction, let’s have a look at a recent case. A purchaser wanted to acquire a piece of commercial property. Obviously, for zoning purposes, in [...]
What Kind of Home Will You Live In? Let’s Plan
Summary of the most popular house plans to give a basic understanding of the home styles you can choose from as you either look to purchase a new home, an existing home, or to build one. All houses have the basic same amenities but there are many ways to style and lay them out.
Which Mortgage Company Ad is Legal?
Today I found out that an Arizona mortgage company that I once considered local competition was closed down in June of 2010 by Arizona state banking. They were closed by an emergency order because the state decided that the mortgage company endangered the welfare of Arizona residents. They broke all kinds of lending laws, both [...]
Take A New Mortgage Payment For A Test Drive
Do you have a client that is considering buying a more expensive home than they currently have, but concerns over increasing their expenses are keeping them from taking action? With daily messages in the news about uncertainty in the ecomony and the housing market it’s understandable to be worried. If buyers get in over their [...]
Why this Jacksonville Home Sold in 5 Days
Why this Jacksonville Home Sold in 5 Days: The Owner: Understanding the competitive market, this owner did every possible to make their house stand out. This included updates to curb appeal, touch up paint, routine maintenance, and heavy cleaning. The Price: We studied comparable home sales within their St Augustine neighborhood. We switched gears to [...]
Get to Know The Neighborhood Before You Buy The House
No future home buyer can obtain too much information about the neighborhood and city that will become their new home. The most indispensable information is collected through personal and direct experience – actually venturing throughout the area, preferably at various times of the day and week, to study the ordinary life of the vicinity.
Home Ownership is Still the American Dream
Besides the promise of the “American Dream” there are still advantages of home ownership. Despite the recent volatility in the real estate market, here are some sound reasons to jump in and buy a home of your own:
Simple, Secure and Efficient Collaborative Workspaces Address the Needs of Agents and Home Buyers
Buying and selling real estate doesn’t need to be a complicated process. Some might accept the “choke holds” of a typical real estate transaction such as printing, redrafting, faxing and driving, but realtors using an online, collaborative workspace to conduct business with clients have an upper hand in the realm of efficiency, security and simplicity. [...]
A Renovation Loan for the Inside and Out
Summer is just around the corner and if you have been thinking about adding a pool or buying your first house but the home you have picked out needs some work then I may be able to help! Contrary to what you might think foreclosed properties are not bad, they just need some updating and/or repairs. In fact, in the end you might find yourself in a great equity position. One of the most versatile rehab loans available is the Fannie Mae HomeStyle Renovation loan.
ROI = Retention of Investment
Real estate is a numbers game. Commission splits, brokerage fees, closing costs, price drops, foreclosures, down payments, mortgage rates, negotiations etc… Yes, real estate is most definitely a numbers game. Real estate is also a people-pleasing, bend-over-backwards, ‘yes sir (or ma’am)’, smile and nod game. Agents get this. They deal with it directly day in [...]
TAKING ADVANTAGE OF TODAY’S REAL ESTATE MARKET
Today is the perfect time to make a real estate investment purchase. Fantastic real estate opportunities are abundant right now due to the influx of affordable real estate that is on the market, low interest rates, tax incentives and credits for purchasing appliances in order to make a home more energy efficient. To those who [...]
Take These 5 Precautions to Protect Your Home from April Showers
It’s spring in Chicago and time to trade in those snowstorms for rain showers. Chicago had near-record amounts of snowfall this winter and if that’s any indication of what’s in store for spring, you may need to take measures to protect your home from water damage and leaks.
Watch Out for These 5 Home Loan Modification Scams
There’s no doubt; our country’s economic downturn has touched nearly everyone to some extent. Unfortunately, some of us have been hit harder than others and for the first time in our lives we’re struggling through a real financial crisis. Then, our worst nightmare comes true: we discover we’re about to lose our home. We’re desperate [...]
Escalation Clauses not suitable in Ontario
Escalation Clauses in Ontario Real Estate Transactions Ontario Real Estate Source By Brian Madigan LL.B. This is an interesting clause. It’s the one that says that Buyer A will pay $1,000 more than the Seller’s highest offer. So, you can appreciate that it would be a good clause to have in a multiple offer [...]
Cat Crap Fever Foreclosure
The owners of this foreclosure were fans of cats – not fans of clean. Overflowing litter boxes, multiple empty buckets of cat litter and a few heavy duty trash bags filled with used cat litter laying around set the mood….the clumps and bundles of cat hair and general filth enhanced it. And you wanna buy a foreclosure?
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Carmen Brodeur: Very interesting! I better go buy more wrinkle cre...
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Ria Grace: What is good of having custom home is that you can...
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Patrick: A great online property management forum is agents...
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Kyle Pearce: Unfortunately, in every industry, there are some w...
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$10000 California First Time Home Buyer and New Home Tax Credit Extended
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Unite Against the Sarasota MLS Board
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Short Sale Heaven Coming April 5th 2010
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The Lones Group – Real Estate Social Media Marketing Firm – Sues Agent For Being A Zebra
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California Senate Bill 94 (SB94): Passes; Not even Attorneys can do it!
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