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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DigitalJournal.com

No real estate bubble pop expected in Canada
MarketWatch
A report in The Wall Street Journal a few months ago underlined how the huge flow in Chinese cash into the Vancouver real-estate market has caused home prices to soar. Those previously unheard-of $650000 condos? Many are merely second homes for Chinese ...
Agency: Cool down real estateTheChronicleHerald.ca

all 40 news articles »


Globe and Mail

Real-estate market improving
The Republic
By Don Lee Tribune Washington Bureau Sales of new homes rose 3.3 percent in April from March to a seasonally adjusted annual pace of 343000, the Commerce Department reported Wednesday. That was slightly stronger than what most analysts had forecast, ...
Wisconsin real estate market continues to reboundRockford Register Star
Real Estate News – Home Prices and Sales IncreaseExaminer.com
Real Estate - A Good Investment Again?Seeking Alpha

all 1,137 news articles »


Real Estate Agencies in the UK Industry Market Research Report now updated by ...
San Francisco Chronicle (press release)
A fall in property prices during 2008-09, combined with risk-averse lending institutions making finance harder to come by, cut revenue for real estate agencies. 2008-09 was the worst year with an 8.5% fall in revenue triggering office closures, ...

and more »


New York Times

A Real Estate Firm's History Is Told in Its New Home
New York Times
PLAINVIEW, NY — When William Rechler built a small industrial building hard by the Long Island Expressway here in 1961, it was a first step beyond Brooklyn for his family's growing commercial real estate holdings. It is unlikely that Mr. Rechler ...

and more »


Art Real Estate: February House at the Public Theater
Huffington Post (blog)
Of the brownstone at 7 Middagh Street, the basis of a new musical, February House at the Public Theater, the composer/ writer Paul Bowles used to say he did not want to live in a place with another composer. He was referring to Lincoln Kirstein.

and more »


Philly Deals: He takes a fresh look at Philadelphia real estate
Philadelphia Inquirer
He went to coastal Florida — where real estate is the only business — and found things even deader: “Down 50 percent. Around Tampa, St. Petersburg, you can buy a new condo for $50000.” Great bargains. But “not so good for business.

and more »


PR Web (press release)

Domain Real Estate employee honored
Times Record News
Mason McCleskey of Domain Real Estate Services has been named to the "30 Under 30" Class of 2012 by the editors of REALTOR Magazine. Each year, the magazine recognizes 30 young practitioners who are making a mark in the real estate industry through ...
Real Estate Seller Leads – Company Giving Away Marketing Videos for $1Houston Chronicle
LockBoxSwap Real Estate Lockbox Co-Founder Named To National Association of ...PR Web (press release)
How to Interview a RealtorTownSquareBuzz.com

all 14 news articles »


Blockbuster NYC & Tri-State Healthcare Real Estate Conference -- June 12
MarketWatch (press release)
NEW YORK, May 23, 2012 /PRNewswire via COMTEX/ -- More than 250 are expected to attend Healthcare & Real Estate 2012, a high-level informational and networking conference for healthcare investors, owners, operators, capital sources and service ...

and more »


Real Estate and Mortgage Market Update for Wednesday 05-23-2012
Examiner.com
Wednesday's bond market has opened in positive territory due to early stock selling, erasing yesterday's losses. The stock markets are reacting negatively to unfavorable earnings news and renewed concerns about Greece and its potential impact on the ...

and more »


LCOR and CalSTRS Announce Formation of Real Estate Platform
MarketWatch (press release)
BERWYN, PA, May 23, 2012 (MARKETWIRE via COMTEX) -- The California State Teachers' Retirement System (CalSTRS) has acquired a majority interest in LCOR, a leading real estate investment, management and development company, in combination with extensive ...
New Apartment For Columbia Pike; LCOR PartnershipCurbed
Cox Guides CalSTRS In $800M LCOR, Lehman Real Estate DealLaw360 (subscription)

all 13 news articles »

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