Author: Mark FerrerSelling a home is undeniably harder these days. Aside from the dropping home values, other homeowners are also putting up their homes for sale. It might even be possible that you're not the only one selling your Miami Beach real estate property in your neighborhood. And neighborhoods lined with “For Sale” signs can be a bit daunting for buyers. Fortunately, there are still helpful ways to make your home sale extra...more
Flip is a simple word which means buying a property and reselling it quickly, as opposed to holding on to a property long term as a leasing. Flipping comes in a number of varieties, most of which are legal and profitable, some of which are not legal.Method 1: WholesaleIn the wholesale marketing, the fix and flip, is very popular, which means there are numerous investors looking for rehabs. You can better buy the property in cheap and sell it for...more
Investing in real estate is one of the most lucrative ways to earn money amid the ongoing financial crisis. However, with so many people wanting to take the plunge and become real estate investors, the competition has become tougher. The only weapon an investor can use against the competition is the amount of real estate knowledge he possess.Luckily, REIWired.com is here to give investors the advantage of having the latest and the best real estate education. Committed to providing cutting-edge and tried-and-tested techniques on investing in real estate, the website is literally a one-stop shop for all your learning needs.For instance, if youre new to the business of wholesaling houses and want to learn how you can get your hands on a steady supply of properties that you can flip, you can watch videos by the great Wholesaling Guru himself, Mike Collins. And if you want to try a different approach to the wholesaling business, you can learn from Preston Ely, who is probably one of the biggest names in the housing business for his ability to earn thousands of dollars a month without leaving his penthouse. Preston Ely is the classic example of not needing a college degree to succeed in...more
Everybody is looking for the perfect business to invest on today. In fact, with so many employees laid off because of the global crises, more and more individuals have set their foot on, in the real estate business. REIwired.com is here to help every business enthusiast make it through the real estate biz today. Real estate continues to prove to be...more
Commercial comparable sales are the building block of the sales comparison approach. The quality and quantity of comparable sales data impacts the reliability of the sales comparison approach. Selecting comparable sales that are most similar to the subject property requires analysis and judgment.The factors given greatest consideration when...more
The Making Home Affordable program is aimed to help save eligible homeowners from a deed in lieu of foreclosure. The guidelines of this program require lender to make a temporary reduction of payments for borrowers that are eligible for modification and are deemed to be in actual foreclosure or risk of imminent default.The Qualifying Rules- They mortgage loan itself has not been previously modified under the HMP.- If delinquency or default is reasonably foreseeable regarding the mortgage loan. Loans that are currently in foreclosure are eligible as well.- Mortgage loan must be secured by a one- to four-unity property, one of which must be the borrowers principal residence: 1. Mortgage loans secured by condominium units and cooperative share mortgages are also eligible for the HMP; 2. Secured loans by manufactured housing units are eligible for the HMP as well.- The property that is securing the mortgage loan must not be vacant or condemned.- The borrower must document financial hardship and represent how they, the borrower, do not have sufficient liquid assets to make the monthly mortgage payments. They must do this by completing a Home Affordable Modification Program Hardship...more
If you are considering getting started in real estate, or if you are wondering where you can expand your real estate business to, you are going to find that there are a number of different options open to you. You might find that your efforts are...more
I am referring to social network sites as an alternative to expensive way of online marketing campaign for your real estate business. Join and register to social network sites facebook in particular as the numbers of audiences are very huge that can...more
Old days of real estate advertisements for agents have been gone. Looking those times that agents made it through newspapers, sponsoring little league teams, and getting some spots on the school and church bulletin. But, now that traditional ways of...more
Unless you have experience in real estate you likely are unaware of the differences between a real estate agent and a Realtor , most people use the terms as synonyms even though they are not equal. This isnt to say that using a real estate agent who...more
Even though there are many savvy and experienced real estate agents out there that can help you, the home seller, achieve a faster sale and a better deal every time, not all realty brokers are professional geniuses. What's more, the feeble state of...more
Barry Davies, the groups director of franchising, says the Chas Everitt Notebook system will accommodate top performing agents, particularly those in the likes of rural areas who wish to own their businesses without all of the traditional costs and...more