Saturday, April 11, 2015 / by Steven Annth
Purchasing a home within one's comfort level at a price that makes the most sense. My intent is not to insult any buyer. I am somewhat conservative in terms of home prices, buyers purchasing power and buyers limit. Allow me to tell you a little history of my experiences. When real estate went to the dogs... I kept going and found a way to help distressed homeowners through short sales of their homes. The most common theme that brought these clients to their knees financially was loss of income either to reduced hours, benefits, complete loss of job, sickness or death. When they purchased their home it was typically based on two salaries. Granted it afforded them the ability to purchase in an area or price range that one salary did not allow for. Unfortunately it set up thousands and thousands and thousands of home buyers for future disasters. Then came the liar loans and refinancing that kept pulling equity out of their home. You know the rest of the story...
Fast forward to today. I ; ...
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Saturday, April 11, 2015 / by Steven Annth
First and foremost you may be wondering, "Why vacant land?" After all, isn't vacant land worth a lot less than houses? While it is true that vacant land is less expensive than houses, that is a blessing when it comes to your start-up capital. It is much cheaper to buy vacant land than it is to buy houses, apartments, or commercial buildings.
And as any landlord can attest, owning rental property comes with a myriad of headaches, from clogged toilets to evicting deadbeat tenants. Raw land has the advantage of being maintenance free while increasing in value over time. And if you can find cheap land, then there is almost no reason to not get involved with vacant land.
One thing to keep in mind with land is that like all types of real estate, location is everything. One tenth of an acre in Manhattan could cost millions of dollars, but travel a few counties away from the cities and you can get many acres often for a few thousand dollars. The sweet spot is when y. ...
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Saturday, April 11, 2015 / by Steven Annth
One point that should be obvious; but is often overlooked, is that the realtor should know about all of the standard documents of the industry. Not only must they be familiar with what each one is, they should possess a deep understanding of that particular document and how it is utilized. If they do not, they could wind up missing an important step in a real estate transaction. Doing that could potentially leave their clients in a legal bind and it can cost quite a lot of money for them to repair any resulting damage.
You surely know the old saying "patience is a virtue." That is absolutely true in the real estate profession. Therefore an outstanding realtor must exhibit this trait. Of course, they must be patient with their customers - that is a given! However this patience should also extend to everyone else they will deal with in their business on a regular basis. People such as: other agents, financial institutions and experts, lenders, and virtually every kind of professional as ...
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Saturday, April 11, 2015 / by Steven Annth
When moving to a new home, you should be aware of the proper process required to transfer property from one person to another. In real estate transactions, this process is known as conveyancing and is necessary to complete a property sale. During this process, the title of the property is transferred from one person to another.
Conveyancing may also involve the process of moving water, electricity, gas or drainage services. In most instances, the process describes an exchange of contracts where both a legal title and equity title are transferred from one person to another. This process is completed to ensure that the buyer obtains a marketable title to the land or property.
This will allow the person to be able to buy and sell the property without a lien or other factors affecting the sale or re-sale. The legal process of conveyancing ensures that there are no restrictions on the land prior to purchase. Public records are often secured to verify that the title has no restrictions.
W ...
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Friday, April 10, 2015 / by Steven Annth
Not all home building trends are a good idea; do you remember the avocado-colored appliance craze, the pink tile trend, and the carpet on the walls phenomenon? If you're guilty of following those trends, don't allow this misjudgment to prevent you from latching on to the best trends of 2015. Below, we look at some home building and remodeling trends to follow, as recommended by experts in the field.
In the Kitchen
It seems as if people are moving away from stainless steel appliances because of how easily they show fingerprints. Experts recommend you don't stray too far away from the tried-and-trusted approach, however. For instance, concrete counter tops seem like a cool new trend but have a tendency to stain or even break.
The main kitchen remodeling trend appears to be clean lines in light fixtures and cabinetry. There is also a move towards larger tiles in the kitchen (and bathroom), with luxury vinyl appearing to be the material of choice because it looks like ; ...
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