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Next Real Estate Topic : FSBO: For Sale By Owners Chapter Two - Sheriff's Deputy Ted Rasmussen was thinking about Carrie-his pregnant waitress problem-when he sighted the traffic disruption meandering near the yellow line on Bay Street. A Bremerton merchant had called the Sheriff's emergency number reporting a wet morning commuter mess. Two motorists had placed 911 calls from their cell phones. When the poli...[ read more]


Real Estate Information

Can I Sell My Private Mortgage Notes?


In this country millions of homes are sold every year. In most cases buyers go to a bank or finance company to seek mortgage financing.

How to Prequalify a Buyer When You Sell Your Home By Owner


Before we get to the math there are a few terms you should understand.  The first is PITI which is nothing more than an abbreviation for "principal, interest, taxes and insurance.  This figure represents the MONTHLY cost of the mortgage payment of principal and interest plus the monthly cost of property taxes and homeowners insurance.  The second term is "RATIO".  The ratio is a number that most banks use as an indicator of how much of a buyers monthly GROSS income they could afford to spend on PITI.  Still with me?  Most banks use a ratio of 28% without considering any other debts (credit cards, car payments etc.).  This ratio is sometimes referred to as the "front end ratio".  When you take into consideration other monthly debt, a ratio of 36-40% is considered acceptable. This is referred to as the "back end ratio".  

Purchasing Property With No Money Down: My Personal Experience


Have you ever seen those infomercials about buying houses with ?No Money Down?? They are really well done. They have all kinds of people offering great testimonials about how they have gotten rich, buying rental properties, with absolutely no money out of their pocket. You see this guy, standing on a street corner, talking to someone, and he says, ?I own that one,? pointing to a beautiful colonial. ?I also own that one next to it, and the one two doors down, and I?ll be closing on the one directly across the street from it, next week.? He then assures us that he has purchased 17 homes in the last eight or ten months, with zero money down on the properties. Plus, in many cases he?s also paid no closing costs.

Budgeting Your Log Home: Where Do You Start?


The Log home industry has matured these last many years, but there is still a lot of confusion about how much a log home costs. Naturally, everyone wants to know the cost of the log package; however, the budgeting only starts here. If you are shopping for a milled log package (as opposed to hand-crafted, which is a totally different category), the difference between one manufacturer's price and another is minimal when compared to the total cost of the structure. Here are some reasons why:

How to Get Financing after Filing Bankruptcy


If you're thinking about buying a home but have declared bankruptcy in the past, don't give up hope. There are still ways for you to be able to find a loan, even if your credit history is less than sterling.

Joint Ventures In Real Estate Development; So How Do They Work?


There are many reasons why you would consider joining with another person to undertake a development project in Joint Venture.

How to Price Your Property?


A house properly priced is half sold. But there are plenty of ways to price it improperly.. * You can't go by what you paid for the place. Perhaps you bought two years ago when local prices were skyrocketing, and things have cooled off since. Perhaps houses like yours can now be bought for less, and if you hold out for what you paid, you'll just waste your time.. On the other hand, perhaps prices in your area have taken off, and you'd short-change yourself if you just tried to "get my money out" (but you'd have a fast sale.). * You can't go by how much you've spent on improvements. A given street will support only a given price range. If you've invested so much that yours would be the most expensive house on the street, the buying public is not likely to reimburse you.. * You can't go by your tax assessment figure. Even in communities that aim at full-value assessments, the figures are almost never in line with what buyers are currently ready to pay.. So how do you price your house?. By putting yourself in a buyer's shoes.. What else is for sale in the area? How does it compare with your house? How long has it been on the market? What has sold recently, and how much did the buying public value it at? What has failed to sell in the past year?. Any good broker can furnish the data you need, often in the form of a chart known as a CMA, Comparative Market Analysis. . And once you have it, again think like a buyer. What price would it take for you to look at a list and say to an agent "Take me to see that one"?.

How to Make the Real Estate Market Work For You and Get The Most Money


How to make the Real Estate market work for you and get the most money.

Cheap, Bargain, Real Estate; Good Deals, Below Market, Low Priced Properties Are Available...


Cheap, Bargain, Real Estate; Good Deals, Below Market, Low Priced properties are available if you know how to buy them.

Real Estate: Reasons and Priorities for Purchasing Property


Real Estate: Reasons and Priorities for Purchasing Property.  It?s not just about Real Estate as an Investment.

A Powerful Suggested Technique for YOUR Home & Property Search


A Powerful Suggested Technique for YOUR Home & Property Search

Horses In My Back Yard


Horses In My Back Yard

How To Give Yourself A $20,000/Year Raise Without Asking Your Boss


Why without asking your boss?

How Do I Implement The Lease Purchase Plan?


Well, as we have discussed in previous newsletters first you have to set up goals for yourself, both long term and short term. Don?t forget these goals define how your business is run. They will determine what you do on a daily, weekly and monthly basis. The best way to do this is to picture yourself a year down the road. Close your eyes and get a mental picture of where you want to be, what you want to have, how you want to look, then open your eyes and write all that down on paper or speak into a voice recorder.

How I Became a Real Estate Investor


Recently I closed on the sale of two homes. They were located about a mile apart and had comparable market values. However, beyond these two similarities, the two deals were very different from each other. Let me discuss in more detail the similarities and differences of the two deals.

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HispanicBusiness.com

Lehman Has Plan for Real-Estate Loans
Wall Street Journal - 3 hours ago
In addition to offloading the real-estate assets, Lehman is trying to sell its Neuberger Berman investment-management unit. Ideally, Lehman management would ...
Lehman nears plan for real estate assets: report Reuters
US Real Estate Crisis Batters Lehman Brothers Shares HispanicBusiness.com
Lehman to lay off 1500 CNN
The Daily Deal (subscription) - New York Times
all 72 news articles


Controller – Real Estate Development & Construction
Seattle Post Intelligencer - 7 hours ago
Rush Development Company, a Gig Harbor based property development company seeks to fill the position of Controller. The Controller is primarily responsible ...


NBC13.com

Real Estate Lender Is 10th Bank to Fail This Year
New York Times, United States - 7 hours ago
Integrity Bank, which opened for business in November 2000, specialized in real estate lending in the Atlanta area with a self-described “faith-based ...
Georgia Bank Closes in 10th Failure This Year Washington Post
Bank closure may force layoffs in KC The Wichita Eagle
Alpharetta-based Integrity bank fails Atlanta Journal Constitution
Wall Street Journal - Reuters
all 231 news articles


K2C Real Estate Solutions Recruits Top Sales Agent
MarketWatch - 19 hours ago
CHARLOTTE, NC, Aug 29, 2008 /PRNewswire via COMTEX/ -- K2C Real Estate Solutions, a real estate consulting firm that provides marketing and sales services ...


Chattanooga: Plant to drive business real estate
Chattanooga Times Free Press, TN - 4 hours ago
In anticipation of an explosion in demand for commercial and residential real estate, land use planners are re-examining their previous growth estimates for ...


Real estate info flows freely on the Web
USA Today - Aug 29, 2008
By By Jeff Roberson, AP file By Anna Bahney, USA TODAY Not so long ago, real estate websites offered little more than a thumbnail photo of a house and puffy ...


Foreign invasion just a myth say real estate agents
Stuff.co.nz, New Zealand - 16 hours ago
One of the Waikato's top real estate agents, Carolyn Evans, said that she hadn't noticed a change and thought that the "problem" had been exaggerated. ...


Real Estate Transfers
Rocktown Weekly, VA - 5 hours ago
Jeremy J. and Leah M. Kratz to Sherwin D. and Rachel M. Yoder, 1282 Old Windmill Circle, $174000. Court Square Properties LLC to NPK LLC, 50 W. Water St., ...


Los Angeles Times

Real estate agents caravan is all about the food
Los Angeles Times, CA - 2 hours ago
By Ann Brenoff, Los Angeles Times Staff Writer APPARENTLY, the way to a real estate agent's heart is through his or her stomach. With buyers continuing to ...


Vancouver Sun

Many shades of Green in real estate
Vancouver Sun,  Canada - 17 minutes ago
Christy Boulter -- a longtime environmental activist -- brought that passion to her work when she began selling real estate in Edmonton. ...

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