Weve all become quite accustomed to hearing about the dismal real estate market and the countless homes that are sitting on the market, just waiting to be sold.Dont believe everything you hear; at least when it comes to the Dallas-Fort Worth area.New Home Numbers Dwindling, Despite National Housing SlumpFor three, consecutive years, Dallas-Fort Worth builders have sold more homes than theyve built. It seems quite odd, but its true. As the...more
Investing in real estate, particularly commercial investment properties for sale, can be a sound way to recoup some of your 401k losses and save for your retirement. Last year when stocks plunged and retirement savings accounts plummeted, many Americans were fearful they would end up working until the day they died. Yet, imagine owning a successful office building and collecting a steady stream of money from tenants each month. Or perhaps you're...more
"The risk of not hiring an experienced Long Island real estate attorney can cost a buyer/seller thousands if not tens of thousands of dollars. Since the purchase or sale of your home may well be your most significant financial transaction, you should not be penny wise, pound foolish.Most people don't realize how complicated buying and selling a house really is. The procedure involves reading and drafting complicated legal documents (i.e. long, small print sales contracts) and requires a familiarity with the standard practice in real estate transactions. In addition, each step from negotiating terms to drafting to closing entails a significant amount of paperwork.The Complex ProcessMost people will sell or purchase a home only a few times in their lifetime, but a Real Estate Attorney will close a sale or purchase of a home a couple of times a week. Plus, no two real estate transactions are the same. In fact, with each transaction you are likely to encounter different circumstances, obstacles and risks.In order to buy or sell your house you have to complete a number of complicated tasks including the following:1. Negotiate the terms of the Sales Contract: Experienced attorneys want...more
If you are planning to buy a property for investment purpose or want to make it your home then foreclosure homes is a great option. Foreclosed properties enable the buyer to make profits as the property is being sold by the lender on default in payments being made by the borrower, i.e. the homeowner and thus foreclosure homes are sold at a lesser...more
Foreclosed homes offer the investor to make a profitable investment as the property is up for sale due to the homeowners inability to pay back the secured loan amount. So the lender sells these homes at prices much lesser than the actual value, in order to reclaim his lost money. Buying foreclosed homes is a good idea as one can manage to get a...more
Home foreclosures or foreclosed homes are homes that have been taken over by the lender when the homeowner defaults in paying back the availed mortgage loan amount. The number of foreclosed homes for sale has rapidly increased in the past couple of years. This is attributable to the buying pattern which depicts that the homeowners take mortgage loan to buy the property and their inability to pay back results in the property being foreclosed by the lender. For potential buyers and investors, home foreclosures offer tremendous scope for making a profitable investment as the lenders are keen on recovering their loses as soon as possible, and hence sells the foreclosed properties at discounted prices, ranging from 30 to 50 percent lesser than the actual value. For making the right kind of investment, it is essential to know about various available home foreclosures as a wider choice will help the buyer in making a sound decision. Proper research and adequate knowledge is a pre- requisite for buying foreclosed homes.Following ways will help in finding home foreclosures:1.Internet: Search online for foreclosure listings. Various enterprises dealing in real estate provide comprehensive...more
Foreclosures for sale are available in the market as a result of failure of the borrower to pay back the mortgage loan and subsequently the lender forecloses the property and puts it up for sale to reclaim his lost amount of money. Foreclosures for...more
Leading up to 2009 it appeared that Panama may have been fortunate to escape the severe economic and real estate downturn that had been devastating other markets around the world. Unfortunately Panama was not immune and the start of 2009 saw a steady...more
In this article we are going to explain to you some of the questions that you need to ask sellers to pre-screen them and to make a decision on whether or not you have money making deal. Whenever we talk to sellers, whether they come through our...more
The Obama administration claimed that it is going to lend help to as much as 4 million homeowners to be able to make modifications to their loans. According to the Treasury Department, over 200,000 of these loan modifications are offered to date. ...more
The Obama administration claimed that it is going to lend help to as much as 4 million homeowners to be able to make modifications to their loans. According to the Treasury Department, over 200,000 of these loan modifications are offered to date. ...more
Agreement on reservationIn Miami, there are a lot of pre-construction projects, including the Everglades on the Bay Miami condo. If you decide on purchasing a unit and a floor plan on the building, the next step is to sign a reservation agreement....more