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Archive for October, 2008
Nouveau Riche University Community
Friday, October 31st, 2008Private, Elegant Estate
Friday, October 31st, 2008
http://www.tourfactory.com/s463326/r_www.youtube.com
Creating the best real estate searches for homes
Friday, October 31st, 2008
Matt Smith of Traditions Real Estate talks about a better way to find the right homes your looking for
Jameson House Condo Cancelled on CTV
Friday, October 31st, 2008
Jameson House Condo Cancelled on CTV
Jameson House Condo Cancelled on CTV
Friday, October 31st, 2008
Jameson House Condo Cancelled on CTV
9/17/2008-Prt 1 Ron Paul Advisor Peter Schiff On Bulls&Bears
Friday, October 31st, 2008
Visit http://www.PhilDeCarolis.com to sign up for my free weekly newsletter that includes Economic and Real Estate updates or for more Peter Schiff videos and real estate advice from an experienced Investor/Realtor. Let me help you protect and grow your wealth NOW before it is too late. Contact me right away for a referral to my own personal broker with Euro Pacific Capital that can advise you on the purchase of precious metals (Gold, Silver, etc..), Commodities And/Or Foreign Dividend paying stocks to hedge against rising prices and your loss of hard earned wealth. Join me in preserving your savings so that we can utilize our retained purchasing power to purchase Discounted/Cash Flowing California Real Estate Assets at the bottom of this downturn for pennies on the dollar that will rise in value dramatically during Californias’ next cyclical inflationary real estate bull market.
INVEST in REAL ESTATE-Investment Tips for Investors in Homes
Friday, October 31st, 2008
This Nashville property was purchased for $115,000 in a “young professional” section of Sylvan Park. We renovated it for about $25,000, and sold it for $225,000. Properties with this kind of profit potential can be found anywhere around the country. www.CashinHouses.com is a site for real estate rehab investors. For 25 years I have helped investors buy WITHOUT CASH OR CREDIT, just like I did in amassing a multi-million dollar net worth in only 3 years. I have been sharing the techniques I learned for converting a Plain Jane House into
an Xtreme MakeOver Doll House for maximizing profits. www.TrainToBeAPro.com is a site for investors to learn to use 13 cutting-edge investment techniques. If you ever wanted to be a Professional Real Estate Investor, this training is extremely unique! It’s the only Coaching Program in America (1) for learning the 13 most-important cutting-edge techniques including rehab skills, option-buying, and foreclosure know-how, AND where you’ll acquire a property negotiated exclusively for you with $20,000 or more profit! This site is where you can even complete an application for one-on-one training. Get your free CD for real estate investing at www.RetireWithAGrin.com
What’s a comparative market analysis (CMA)?
Friday, October 31st, 2008
When you’re buying or selling a home, you want to get a comparative market analysis so you know the property value. In a comparative market analysis real estate agents compare the value of your property with that of similar properties. CMAs are used to determine at what price to list a property for sale. Learn about comparative market analysis from this Expert Real Estate Tips video.
11/7/2008 -Peter Schiff On CNBC Special Reports: Can Motor City Survive?
Friday, October 31st, 2008
Visit http://www.PhilDeCarolis.com to sign up for my free weekly newsletter that includes Economic and Real Estate updates or for more Peter Schiff videos and real estate advice from an experienced Investor/Realtor. Let me help you protect and grow your wealth NOW before it is too late. Contact me right away for a referral to my own personal broker with Euro Pacific Capital that can advise you on the purchase of precious metals (Gold, Silver, etc..), Commodities And/Or Foreign Dividend paying stocks to hedge against rising prices and your loss of hard earned wealth. Join me in preserving your savings so that we can utilize our retained purchasing power to purchase Discounted/Cash Flowing California Real Estate Assets at the bottom of this downturn for pennies on the dollar that will rise in value dramatically during Californias’ next cyclical inflationary real estate bull market.
when will it be the buyers turn
Friday, October 31st, 2008When Will It be the Buyer’s Turn
Writen by Martin Lukac
There has been a lot of talk about the market cooling. Does this mean it is now the buyer’s turn at benefiting from market conditions?
A buyer’s market occurs when sellers have little or no power in the negotiating of the sale of a home. The buyer has an advantage in that there are more homes to choose from. Housing prices may also be down due to the negotiations of wise buyers.
Are we heading for a buyer’s market? Some areas have shown indications that we are. In many areas, home sales have slowed down. Homes are staying on the market much longer. The longer a home is on the market, the sellers should be more willing to negotiate.
Not only is the inventory of homes for sale going up, but the housing prices in some areas have stopped increasing. A few areas are actually experiencing decreases in housing values.
You may be saying that interest rates are working against buyers, but that isn’t necessarily the case. Interest rates still remain at a reasonably low level. What this means is that the average person can still afford to buy the average home.
In fact, interest rates help create a buyer’s market. With interest rates on the rise, many homeowners are experiencing monthly payments on their adjustable rate mortgages. Some homeowners who purchased at the peak of the market are just now having their mortgages adjust. There are reports of payments doubling in size for some borrowers who took out risky loans.
Foreclosures are on the rise. People just can’t afford their homes any more. They have to sell and they have to sell quickly, before they are foreclosed on. With more and more homes popping up for sale, buyers will have plenty to choose from.
All of these conditions give buyers an edge in the real estate transaction process. Buyers don’t have to jump on the first home that they see because homes are no longer few and far between. In many cases, bidding wars won’t be an issue. Multiple offers may still occur, but buyers are likely to be a little more relaxed. Of course, this is in general there will still be areas and neighborhoods that are experiencing a lot of buyer demand.
If you are looking at buying a home in an area that is experiencing a slow down or buyer’s market, you can use things to your advantage. Find out your seller’s reason for selling. It could be that time is of the essence, giving you an edge. If there are any contingencies that you need to include in the contract, now is the time. Sellers that are having a hard time selling their homes are more willing to do what is necessary.
Don’t forget to have the property appraised and make sure that there is an appraisal contingency in your contract. If you are in an area that is experiencing quickly dropping home values and your closing is several months away, I would go ahead and have the property appraised for a second time close to closing.
You should also have the property inspected by a professional. This should happen in both buyer’s and seller’s markets. You wouldn’t buy a car without a test drive, so make sure that you at least look under the hood of the home.
Buyer’s markets are great for buyers. If you are in the market to buy a home, pay attention to the home sales in your area. But don’t worry too much about the market, what counts the most is buying a nice house that you can afford.
Martin Lukac, represents http://www.RateEmpire.com, a finance web company specializing in real estate/mortgage market. We specialize in daily updates, rate predictions, mortgage rates and more. Find low home loan mortgage interest rates from hundreds of mortgage companies! Visit http://www.RateEmpire.com today.