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Next Real Estate Topic : 7 Marketing Methods for Real Estate Coaches - You shower, shampoo, dress your best, check to see if you have plenty of business cards, drive about an hour, introduce yourself by saying "Hi, I'm Mary and I'm a coach" and the other person says, "Hi, I'm Jack and I'm a coach, too!". You meet more coaches than you knew existed. How do you get business when you are surrounded by what may be perceiv...[ 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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Real Estate News | BiggerPockets.com

No Recovery for Real Estate as Speculators Dominate Sales
Bloomberg - 14 hours ago
There were an average 3100 foreclosures per day in the US in November, according to RealtyTrac Inc., an Irvine, California real estate data company. ...
How Speculators (Investors?) Dominate Real Estate Sales, and May ... Real Estate News | BiggerPockets.com
all 7 news articles


Jobless Former Real Estate Agent Found Living in Foreclosed ...
FOXNews - 1 hour ago
Five people, including a jobless former real estate agent, were arrested and charged with trespassing after, police say, they were found living illegally in ...


Real Estate Resurrection Begins
Forbes, NY - 6 hours ago
While the data on prices and sales are still awful on a nationwide basis, there are rays of hope emerging for real estate. Sales of new and existing homes ...
BH&G Real Estate courts luxury Inman.com
Buying and Selling Easy with New Jersey Real Estate Mall TransWorldNews (press release)
Optimize Your Clients’ Results - 10 Real Estate Resolutions For ... RisMedia.com (press release)
Business Wire (press release) - U.S. News & World Report
all 14 news articles


Real Estate Council names its new officers
Bizjournals.com, NC - 8 hours ago
... that the organization is fortunate to have these individuals at the helm — especially given the current environment facing the real estate industry. ...


Hypo Real Estate Holding, Praktiker: German Equity Preview
Bloomberg - 22 hours ago
Hypo Real Estate Holding AG (HRX GY): The German commercial-property lender rescued by the government said Thomas Glynn has resigned from the management ...
Praktiker misses 2008 sales target guardian.co.uk
all 18 news articles


Arizona Real Estate Commissioner Resigns
EVLiving - 1 hour ago
Real Estate Commissioner Sam Wercinski has notified Governor Janet Napolitano of his intent to resign. Below is his letter of gratitude to the Public and ...


Inside Real Estate
Investor's Business Daily (subscription) - 2 hours ago
BY MARILYN ALVA Peter Lewis spends a good part of his day monitoring the level of distress in commercial real estate. He's waiting for the needle to tilt to ...


Sydney Morning Herald

Real estate power broker dead of apparent suicide
CNN International - Jan 7, 2009
Steven L. Good was found dead of an apparent gunshot wound in his car Monday CHICAGO, Illinois (CNN) -- One of Chicago's most well-known real estate moguls ...
Real-Estate Executive Found Dead in Apparent Suicide Wall Street Journal
Chicago real estate executive kills himself, police say Chicago Tribune
Real estate mogul in apparent suicide Long Island Business News
Chicago Sun-Times - Straits Times
all 50 news articles


Report: Indiana Real Estate Market Not So Bad
93.1 WIBC Indianapolis, IN - 9 hours ago
By Network Indiana A new report claims the state of real estate in central Indiana is not as dire some might think. Real estate firm Colliers Turley Martin ...
Report: Signs of life in local real estate Indianapolis Business Journal
State of Real Estate Report: Local Better Than National Outlook Inside INdiana Business (press release)
United Country Auction Services, Colliers International form alliance Bizjournals.com
Indianapolis Star
all 8 news articles


Seligman LaSalle International Real Estate Fund, Inc. Announces ...
MarketWatch (press release) - 4 hours ago
Investments in real estate securities may be subject to specific risks, such as risks to general and local economic conditions, and risks related to ...

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