If you're looking to move into an area that enjoys a robust economy, a lively, family-friendly atmosphere and great weather all year round then theres no better place than Santa Cruz, California.Strategic LocationSanta Cruz, California is located on Monterey Bay or, to be more specific, between the cities of San Jose and San Francisco. If you're working at either city but wish to live at an area with a more small-town feel then you could have...more
A Home Owners Association (HOA) is often times seen as an entity beyond the housing addition. There are HOAs that cover condominiums, new home development, and certain apartment complexes. Each property has a different set of rules so it's important to read each list so you know what is expected of the residents. Tip No. 1: Know your residents, each board has information on the people who live within the edition, getting to know them is...more
Many banks will concede for a loan transfer or taking over the householders payments when a home is in the foreclosure process. Most borrowers that are facing foreclosure are willing to negotiate and take less for the home then what they have it listed for. They will begin making the payments for galore months or up to a year. You will have to contact the homeowner when youre on the lookout for Pre-Foreclosed homes for sale unless they have a sign out front of the house with an agent's telephone number.These things include contacting the homeowner directly and finding out if theyre willing to do a mortgage transfer,calling the agent and negotiating,and more.This may be exercised by taking over their payments and doing a loan transfer. Ask with regards to a short sale and find out if the bank will be willing to take less for the home than is listed. One of the ways that you may purchase Pre-Foreclosed homes for sale is directly through the homeowner or borrower that has defaulted on the loan. In this case you will have to deal with an agent that is acting for the borrower. One thing to keep in mind is that not all mortgages concede for a transfer so this is not always an option.This...more
As a real estate investor, you need to make several decisions critical in your real estate business. If you are one of the landlords that run an investment rental property, one critical question to answer is whether you need an investment property management. People who will manage your properties or what they called property managers, can be a big...more
The $8000 first-time homebuyers credit is set to expire on November 30th and in the midst of a storm of controversy surrounding the possibility of fraud in over 100,000 claims for the tax credit there is a push to have the home buyers credit extended and modified to increase eligibility and give home buyers a larger piece of the stimulus pie. The...more
The National Capital Region is witnessing frenzied activity again. This time round, it is across segments and in all categories including plots, floors and apartments. The elections were a big driver. Affordable housing has caught the fancy of private developers in Delhi, and large developer groups from the NCR, such as DLF have launched affordable housing in Moti Nagar.Values have gone up by 8-10 per cent across the board in established areas of Delhi and another 5-7 per cent hike is expected in capital values after the budget. The buyer profile includes end users, investors, builders and High Net Worth individuals.In premium residential areas such as Defence Colony, Vasant Vihar and Greater Kailash there has been a significant number of transactions. As a result there is very little stock waiting to be sold in the market. Only those sellers who are asking for unreasonably high values are left with stock. According to a real estate consultant, "In a rising market the expectation of the owners rises faster than the market. In a falling market, on the other hand, their expectations fall slower than the rest of the market."In the less premium market such as Saket, Hauz Khas and Green...more
If you are involved in the world of subject to real estate investing, you may have missed the boat when it comes to finding serious property buyers. There are a number of lists that you can scour through in your attempts to find a person that wants...more
A mortgage broker can make a big difference in the life of a sub2 investor. The item that you want to focus on when you are searching for a stellar mortgage professional to work with in your business is quality. You do not want to deal with any...more
Subject to real estate investing is often misunderstood by those who hope to invest in the real estate arena. This article will explain a number of things that Sub'ing (as many that are in the know call this style of investing) is not, so that you...more
Finding Sub2 buyers is a task that many real estate investors neglect as a part of their business. The simple truth of the matter is that this is the time when the money is made. Overlooking this crucial aspect of your investing business can lead to...more
A real estate agent is a subject to investor's best friend because they are in the commission sales business. They know and understand that they get paid when a house sells to a buyer. This will give them the incentive to get as many houses as...more
One of the greatest ways to buy a property in the current housing market is called "Subject To" investing. This is no ordinary real estate strategy. It is a way that anyone can purchase a property even without the use of money or credit. What exactly...more