5 Tips For Flipping Houses For Profit
Posted by admin in How To Flip
In the summer of 2007 we saw big drop in the real estate market. Lenders suddenly found themselves holding mortgages that were not getting paid and homes were falling into foreclosure by the thousands.
This grew the number of homes in the national inventory. The new higher restrictions by the lending industry added to the large gap between home owners and home buyers. Read the rest of this entry »
Understanding Property Taxes
Posted by admin in Law and Tax
Property tax increases are a popular method used by municipal and county governments to raise revenue, but they can also have a big impact on the local real estate market. For example, a slight tax increase may drive demand for local homes down, a shift many might characterize as “negative”. But a clear understanding of local market conditions can help real estate professionals, buyers, and sellers take advantage of any new tax scenario and get the most for their property investment. Read the rest of this entry »
Short Sales For Smart Buyers
Posted by admin in How To Flip
Southwest Florida has some of the most sought-after high priced oceanfront real estate in the nation, but many buyers are also finding great deals here. A wide variety of new custom condos and homes in the area are being sold at surprisingly affordable rates, discounting the notion that only the wealthy can afford to live in cities like Fort Myers and Cape Coral. Read the rest of this entry »
Home Buyer’s Dirty Tricks
Posted by admin in Buying Houses
The good news for sellers is that most home buyers don’t know the following tricks. Even if they did, many would hesitate to use them. Some of them are unfair, but some are just good tough negotiating tactics - I’ll let you decide which are which. In any case, these are “tricks” and techniques that you need to be aware of if you are selling your house or other property.
“Illegal” Flipping & Lender Seasoning
Posted by admin in Law and Tax
There has been a lot of negative press and misinformation lately about double–closings. Many people have been indicted recently under what the press has labeled “Property Flipping Scams.” Misinformed lenders, real estate agents and title companies will tell you that double–closings are now illegal. In fact, they are nothing of the sort. Read the rest of this entry »
Flipping Properties for Cash Profit
Posted by admin in How To Flip
Real estate, like any other commodity, is bought and sold every day of the week. Many people become real estate agents because they know a small piece of a large pie means big bucks. Agents help facilitate a sale by finding a willing buyer for a willing seller, earning a commission of approximately four to seven percent of the sales price for making the deal happen.
It is relatively simple to get a real estate license, and it is a lucrative field for many people. However, as you may expect, there is strong competition among agents, and the ones that are successful work long, hard hours. In fact, most agents are on call weekends and nights, with their cell phones glued to their ears. Furthermore, real estate agents are required to take continuing education classes and follow strict guidelines set forth by bureaucratic agencies. There are better ways for an “entrepreneur” to make a living! Read the rest of this entry »
Sell your home fast
Posted by admin in Selling your home
If you have a home you need to sell right away, there are a few ways to go about doing so. Below is a list of several ideas that can help you sell you home quickly along with the positives and negatives of each way. Read the rest of this entry »
Using Color Psychology to Sell Your Home
Posted by admin in How To Flip
When painting your home for resale, choosing the right colors can make a huge difference in your paycheck at closing. For instance, did you know that the exterior color of houses selling most quickly is a certain shade of yellow, but that choosing the wrong shade of yellow can kill a sale? Read the rest of this entry »
How Bad Is Today’s Lending Crisis
Posted by admin in News
I went to a very interesting meeting yesterday at which Joe Brown, founder of Milestone Mortgage, who walked us through the start and what he sees as the finish of the current lending crisis. The following comes from notes I took. Read the rest of this entry »
Step By Step Short Sale Process
Posted by admin in How To Flip
To make things easier for realtors here is the information you will need to do a short sale. Investors can use this guide also there are just a few things that are done differently. Read the rest of this entry »