Using Neuro-Linguistic Programming To Close The Deal
Posted by Tim Harris in Buying Houses
If you aren’t closing as many real estate deals as you would like, you need to learn how to speak another language. I’m not talking about learning Spanish, French or German. You need to learn to speak the language of sales if you want your conversations to translate into profits.
Neuro-linguistic programming, or NLP, might sound like something out of a science fiction movie, but it is actually the most efficient way to communicate in sales. It is a big part of the science behind closing deals. Read the rest of this entry »
Real Estate Negotiation: Best Strategies
Posted by Roselind Hejl in Buying Houses
An important part of our job as Realtors is to help our clients negotiate for the best deal on a house. Your confidence and professionalism in this area will make your service memorable to your clients. Here are some strategies to help you guide your clients through the negotiation process. Read the rest of this entry »
Pre-Foreclosures: A Guide To Buying Them
Posted by Thomas Bladecki in Buying Houses
There are many advantages to buying homes from homeowners that are in “default” and on the verge of losing their home, however only the individual investor can measure the risk and rewards of each one. Some investors do not see a high enough reward in foreclosures, and think that they are too risky. Others think that the moral issues of buying from individuals that are in a runt of bad luck or misfortune. Unfortunately, these types of investments are what the “American capitalist” live to do, without this type of situation, there is not a lot of room to prosper quickly and get your piece of the ‘American Dream”. Read the rest of this entry »
Foreclosures - A Brief Explanation
Posted by Thomas Bladecki in Buying Houses
Well the real estate industry particularly the mortgage companies are at the forefront of the double edge sword, foreclosures are at record highs in many major metropolitan areas, and experts are predicting that this is not the end.
On the other side of things, it is a prime market for real estate investors and families, or individuals, looking to get a piece of the “American Dream”, if you are looking to buy a home or start investing in real estate now is the time. Read the rest of this entry »
Using a Reverse Mortgage to Purchase a Home
Posted by Michael Branson in Buying Houses
A Reverse Mortgage is a national program which typically is offered to homeowners 62 years and older but some private programs have recently been opened to borrowers down to 59 1/2 years old which allows the homeowner access to their equity in the form of cash, monthly income to the homeowner, or a combination of both with the homeowner never making another loan payment for life. The money the homeowner receives is usually tax-free and does not affect Social Security benefits or Medicare (check with your financial adviser for your circumstances). There are very minimal credit requirements and no income requirements to qualify, borrowers can even be in foreclosure and still obtain a reverse mortgage.
Did you know that if you are a senior borrower, aged 62 and over you can use a reverse mortgage to purchase a home as well as just to refinance your existing home? Read the rest of this entry »
Six Ways to Find Motivated Sellers!
Posted by Charles W. Moore in Buying Houses
When you begin to seek out investment properties, you need to be aware of your potentials and not waste money when properties are overpriced or being sold by an individual who is not highly motivated to sell their property. Instead, you need to find what is referred to as a motivated buyer, who will agree to your terms rather than making demands of his or her own for the sale of the property. With six forms of aggressive advertisement, you can be relatively assured that you will have motivated sellers seeking you out in no time. Read the rest of this entry »
A Good Real Estate Bargain Need Not Be All That Hard To Find
Posted by Kris Koonar in Buying Houses
There are many ways to sell or buy a property, but by using common sense and some of the pointers mentioned below, you can end up with a real good real estate bargain. Remember that good bargains are very hard to come by in real estate. Read the rest of this entry »
Foreclosure Listing Service - Are They Worth It?
Posted by Thomas Bladecki in Buying Houses
Without knowing foreclosing listings, one cannot understand what it is.
As foreclosures have become a serious problem for the United States, inclination for a foreclosed house has also increased. Looking at foreclosure listings for a repossessed property will make the search simple. Only good profitable real estate can satisfy the investor, but one should know the importance of these listing services before investing in the real estate. With the growing popularity of foreclosure listing, online services have also grown rapidly. Read the rest of this entry »
Real Estate 101: What is a Realtor? (USA)
Posted by Eric Bramlett in Buying Houses
You might be surprised to know that that there is a difference between being a Realtor and a real estate agent. Although the two terms are commonly used interchangeably, becoming a Realtor takes much more work, dedication, and education than becoming an agent. In addition, becoming a Realtor and maintaining this type of certification requires adhering to certain high standards that are not required to become a real estate agent. Read the rest of this entry »
How To Profit From Mobile Park Homes
Posted by Omar Johnson in How To Flip
They may not be the most popular housing, but manufactured homes are certainly a form of affordable housing to be appreciated. Mobile homes these days are a far cry from the ones being produced several years back. They are stylish, large, and some are even luxurious.
While some real estate investors may be inclined to turn up their noses at manufactured homes, that doesn’t mean they aren’t good investments. More than 16 million people reside in mobile homes in the United States. That translates into 16 million reasons to consider investing in manufactured homes.
As with flipping houses, investors can flip mobile homes by purchasing low and selling high. The best way to do this is to sell on terms. You can also provide seller financing. Read the rest of this entry »