"I don't want to be interesting. I want to be good."Ludwig Mies van der Rohe
|
| |
High Profit Real Estate Investing--Make a Good Deal Every Time!
Knowing what a Good Deal is - Is the Key to Success in Real Estate.Richard OdesseyDear Investor,Take this little survey: The most important key to Real Estate Success is:1. Finding Motivated Sellers2. Funding Your Deals3. Negotiating4. Knowing a Good Deal ...
Real Estate - Investments That Increase Your Net Worth
Consider these parameters for a real estate deal: Property Value: $250,000 Purchase Price: $160,000 Repairs: $2,500 If you analyze the numbers, you see that the equity available in this deal is $87,500 (Property Value minus Purchase Price ...
real estate margin calls
REAL ESTATE MARGIN CALLS by AL THOMAS Have you ever heard of a real estate margin call? You know about stock market margin calls. That's when you have bought more stock than you have money and borrowed from your broker to buy extra shares. You bought ...
|
|
|
| |
December and New Year's Day give home buyers and real estate investors the perfect occasion to buy real estate. Not only can you pick up a bargain property from a motivated seller, you can save on your purchase expenses.
1. Home shoppers put off looking for a home because of holiday decorating, shopping, and parties. Plus, the cold weather makes home buyers prefer to stay home; they prefer to wait for warm weather to buy real estate. Get the edge with little competition from other buyers.
2. Home sellers who didn't sell during the recent buying frenzy are worried that their home will never sell. Any seller offering their home for sale during the holiday season is motivated. If you have your financing in place and can close quickly, you can often pick up a great deal.
3. Real estate agents need to keep their momentum going and can't afford to take too much time off. When the agents aren't as busy, you get better service. Plus, they're more likely to take low offers seriously. Agents love investors ready to buy real estate during December.
4. Interest rates continue to creep up. Who knows what the rates will rise to next year?
5. Lenders threaten to tighten up qualifications next year. Last summer, loan officers were able to get through almost any loan. Today is your best shot to buy real estate and get a great rate with the easiest qualifications.
6. Appraisers need work. Too many individuals became real estate appraisers when there was too much work. It used to take a week or more to schedule an appraisal. We just ordered an appraisal and the appraiser wanted to come out the same afternoon! Also, appraisal fees cost less today than last month.
Clear some time from your busy holiday schedule and go find a bargain house. Make many offers. You won't get this break for another year.
Copyright © Jeanette J. Fisher
About the author:
Jeanette Fisher teaches real estate investors the five steps to buy real estate and turn fixers into dollhouses. Free ebook "Flipping Houses"at http://www.doghousetodo llhouse.com
|
|
|
|
|
|
|
