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Real Estate InformationFlat Fee MLS Listings - Is This The Future Of Real EstateRealtors are all a buzz about this new form of listing houses on the MLS (multiple listing service). Some feel it creates more work for the buyers agent, while others see this as a way to tap into the For Sale By Owner market. 10 ?No Money Down? Ways to Buy Real EstateTurn the Television on any Sunday morning and you?ll find yourself in the middle of a ?how to buy real estate? infomercial. Can you really buy a house with no down payment? Can you really make thousands or millions of dollars buying real estate. Of course the answer is ?yes? and ?no?. The real question is, are you willing to pay anywhere from $500 to $5000 for the information, classes and hotline? Most important are you self disciplined enough to follow the program. Look Past the Bottom Line for a Propertys PotentialIt?s unfortunate that many real estate investors tend to look at the bottom line when deliberating about a property, rather than the big picture. The real moneymakers in real estate investments are the people with vision, who think creatively, and are willing to assume some level of risk. 10 Tips for Investing in Distressed or Foreclosed Properties1. Search on the world wide web for distressed or foreclosed properties as a starting point. Use a professional REALTOR to identify great foreclosure deals for you. You may be successful at searching the web on your own, but keep in mind some of the information is outdated, some may be incorrect, and some of the available properties are not even listed. A REALTOR subscribes to updated MLS listings and can offer you the most current information available. How to Research and Purchase a Good Investment PropertyHow much do you really know about investment property? Accurate research and professional expertise applied to the purchase of an investment property builds a solid foundation for financial success. You may want to work with a REALTOR who can help to identify the great opportunities in investment properties in the area of your choice. Or, you may choose to do the work on your own. A REALTOR can provide the inside line on properties with potential in the geographic area where you are looking for property. If you do choose to work with a REALTOR, you will save time, and you may have more choices and opportunities. Termite and Moisture Damage Not ReportedI have done so many appraisals where I saw obvious damage that was not reported by the other inspectors. The first couple of times I thought it was just carelessness. I came to realize it was the same agents who had found what I call pocket contractors or repeat business. Most buyers are not aware of this problem but believe me it is a big one. Free Tips That Will Dramatically Increase the Selling Value Of Your House (Part 1)Did you know that it?s a proven fact that a properly maintained home sells substantially higher then a home that is dirty, depressed looking and clearly not maintained very well? When it comes to selling your house the statement ?first impressions are the selling impression? couldn?t be any more accurate. This article will highlight some quick tips that will increase the amount of money you can ask for you home when you?re ready to sell it. Dont Overpay for a House, Even in Todays MarketIf there's one thing American investors love, it's an over-inflated market. Which is why they keep buying houses and new ones keep coming onto the market. According to the latest data, housing starts rose an annualized 3.4% in September, matching a 17-year high. Whoo-ha! Go, baby go. What Homeowners Should Know to Stop Foreclosure- Speaking Your Lenders LanguageFinancial literacy is the means of empowering consumers to make informed financial decisions through exposure to accurate and timely information. In no other area is the void of accurate information more evident that in the area of foreclosure. Finding A Capable Agent To Meet Your Real Estate NeedsWhether you?re a first-time buyer, selling your current home or relocating to a different part of the country, the support of a qualified, knowledgeable real estate agent can alleviate many of your concerns and ensure a smooth transaction. A professional agent can market your present residence, help you locate the home of your dreams and assist in making your transfer to an unfamiliar area easier. How to Prepare Yourself for Owning a Dual Purpose Second HomeIf you are thinking about buying a second home, you are not alone. A 1995 survey by the American Resort Development Association found that 60 percent of households surveyed feel they have a likely chance of purchasing a recreational property in the next ten years, a figure that rose 30% from the survey in 1990. The average age for the majority of vacation home buyers ranges from 40-50 years old. Qualifying as the baby boomer generation, this group of second home buyers consists of 80.5 million people out of the U.S. population of more than 260 million. Demand for vacation homes is rising as a result of consumers? increasing desire to capitalize on low interest rates, low unemployment rates and a strong real estate market offering many viable second home options. Conditions Are Right For Buying The Higher Priced Home You?Ve Always WantedHigher interest rates and home prices in the past have kept home owners from purchasing larger homes. The current real estate market conditions, however, are encouraging for many home owners who want to ?buy up? to higher priced homes with more to offer. What To Expect In Closing Costs On A Home PurchaseMany are taking advantage of this year?s low mortgage rates to purchase a home. Pent up with excitement, many families, who have scrimped and saved for a down-payment, jump for joy when the mortgage lender finally approves their application. But, they should realize that there?s a whole new set of expenses that must be covered before actually closing on the sale. Avoiding A Bad Investment Is Easier Than You Might ThinkHuman nature being what it is, none of us can get serious about the idea of buying a house without experiencing at least a few small twinges of worry. What we fear, of course, is making a mistake. And the mistake we tend to fear most is buying a ?lemon? ? a house that doesn?t simply fail to satisfy our hopes but turns out to have so many flaws that it?s a disastrously bad investment. Working With Your Real Estate AttorneyPurchasing or selling a home will probably be one of your largest and most important financial transactions. Before signing a contract to purchase or sell a home, both buyer and seller should consult an attorney to assure that the real estate transaction will be handled legally and professionally.
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