March, 2011

Is Your Home Worth Less Than What You Owe On It?

A recent survey indicates 35% of homeowners owe more than what the house is worth. The last two-and-a-half years has seen home values drop precipitously. And, those wishing to sell must drop the price or wait in this buyers market.

The reality of the marketplace and the attitudes of homeowners vary along many demographic lines. According to a recent Rasmussen Report, the younger (more…)

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What Exactly Does RESPA Have To Do With Real Estate?

In order to control incentives and referral fees and reduce closing expenses, the Real Estate Settlement Procedures Act (RESPA) was established in 1974. Deceitful business practices such as raising the overall cost of real estate transactions and offering kickbacks under the table were bleeding the homebuyer and were common among agents, lenders and construction firms. RESPA officials are watchdogs (more…)

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Why Today Is A Proper Time To Buy Property In Morocco

Morocco is a spot situated in North Africa, bordering the North Atlantic Ocean and the Mediterranean Sea. Morocco is the nearest African country to Spain with each other’s edges touching each other. Tangier, a spot in the North of Morocco, is near the Strait of Gibraltar which was then recognized as the Pillars of Hercules in the older world. The strategic geographical position, long historical (more…)

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Importance of Agency in Real Estate Transactions

A very critical concept in California Real Estate Law is the disclosure of agencies. In 1987 legislation was passed to protect home owners in regards to the agency status of their real estate professionals. Agency is simply the relationship between the principle (the seller or buyer) and the real estate professional. In agency, the professional has a fiduciary duty to look out for the best (more…)

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Moving to Dominican Republic

Many people who want to live in a tropical country chose to move to Dominican Republic. It is an ideal place to live in because of its excellent weather. Also, the cost of living in here is significantly lower as compared to the United States. Moving to Dominican Republic is ideal for Americans since it is a just a short plane ride away from many cities of the US.

The cost of housing (more…)

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Heritage Buildings: Are They Worth It?

Most home buyers cringe when they hear the word ‘heritage’ in association with a house for sale. What is the problem with homes which are heritage listed or located in a conservation area? The time has come to debunk people’s perceptions of heritage listed properties and reveal the truths. Myth 1: Heritage listed houses are sold cheaper than other houses Answer: Find a real estate agent who (more…)

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Tipping Your Doormen Around The Holidays

Tipping your doorman during the holiday season can be a great way to thank him for his great service during the year. It can also be a motivator for him to continue his level of service into the next year. However, tipping is a personal choice and some believe it to be unnecessary.

Whether you believe in tipping your doorman or not, it is your choice. But obviously there are pros (more…)

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How A Few Real Estate Investors Help Rebuild The Economy, One Home At A Time

We have written before on how you can find previously undiscovered deals at smaller firms, and how their buyer incentive programs can get you a good home on your terms. But, did you know that there are a few select real estate investors who rebuild the economy of an area at the same time?

While the country is waiting for the economy to rebound on a larger scale, these investors are (more…)

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“We Buy Houses” Can Be Great News For You!

Alright, so you have an old, kind of beat up house. Quite frankly, you aren’t entirely sure what you can do with it. Maybe you want to sell it because you don’t want the property anymore or perhaps you have another property already or something of that nature.

Or perhaps you’re looking to move out of your own home and into something a little bit newer. No matter what the reason, (more…)

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Turning Trash Into Cash: Flipping Code Violation Properties

If you’re reading this article maybe you are considering getting into the profitable world of real estate investments. Or maybe you have been in the business a few years and are looking for an additional way to find great deals from Highly Motivated sellers without all the competition of REO’s, Absentee Owners, Foreclosures, and a long list of other strategies. I too was tired of chasing deals (more…)

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