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Each month AR runs numerous contests as a way for our members to engage in activities
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These state pages or hyper-local pages provide content directly related to a specific geographical location.
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The black line which shows the median sales prices. Not surprisingly, prices peaked in July – the reason why I say it’s not a surprise is because home prices are negotiated when the buyer’s offer is accepted and it takes about 2 months from then for the closing to happen and the sales price to be made public. This means that sales in July were from prices agreed upon in May during the spring market which is historically (0 comments)
Some Buyers Refusing To Look At Foreclosures - 01/26/12 05:21 AM
The National Association of REALTORS released its 2011 Profile of Home Buyers and Sellers and there is some interesting information in it. 45% of the buyers who responded to the survey said that they did not even consider purchasing a foreclosure when they looked for their home. Although the survey didn’t ask respondents for reasons, purchasing a foreclosed property can be a frustrating process. With a typical real estate purchase, you submit an offer and within 24 hours the seller responds. If you are buying a foreclosure, receiving an answer in a week is a fast turn around for a bank (5 comments)
There are just too many passwords to remember! I’m waiting for the day when my car will refuse to start because I don’t remember my password. Sometimes we get lazy and start using the same password for many sites. Although this makes it a lot easier on you, it also makes it a lot easier for the bad guys – if they get your password they can then have access to a lot of your sites. Think of all of the information you store online. As an alternative you can use www.LastPass.com. This highly rated service stores your passwords for (5 comments)
Selling With a Tenant Part 3 - 01/18/12 05:40 AM
In the 3rd part of my series on selling real estate with a tenant, let’s look at larger multi unit properties – those with 4 or more units. Once you have a property with more than 3 apartments, you are solidly in the land of investors. Owner occupants aren’t interested (and usually can’t afford) to buy larger multi unit properties. Banks will require a higher down payment as well. 25% of the purchase price is normally the minimum. As far as your tenants, as long as they pay market rent and keep their apartments in reasonable condition, an investor will be (0 comments)
Selling With a Tenant Part 2 - 01/18/12 05:38 AM
We’ve already gone over how to sell a condo with a tenant. Today let’s discuss how to sell a multi family home with a tenant. If you own a 2 or 3 family home you’ll want to look at who the most likely buyer will be: If your property is in great shape and has been extensively updated, your most likely buyer will be an owner occupant. If your property needs some updating (and you price the house to reflect this) or you are willing to price it a little bit below the market value then you open up the potential (0 comments)
Selling With a Tenant - Part 1 - 01/18/12 05:34 AM
Selling a piece of real estate in most markets can be a challenge. When you are selling a property that has a tenant or tenants in it, it adds another layer of complexity to the sale. Over the next few weeks, I’ll discuss different tenant scenarios. Today let’s assume that you own a condo that is currently rented out. You’ve decided to sell the condo. In today’s real estate market, investors aren’t interested in buying single unit condos so your prospective buyer is an owner-occupant (bank speak for someone who will live in the condo). When a buyer is buying your (3 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.