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In commercial real estate, cap rate, or capitalization rate, is used to determine the values of income producing properties such as apartments of five units or more, office buildings, strip malls and other such properties. The cap rate can represent extremely different things to different people in respect to their interests in commercial real estate. Before we investigate why cap rate matters, and what it means to specific people, let's look at the actual equation and see how it works. Cap rate has two main components which area: net operating income (NOI) and price or estimated value of the property. (0 comments)
You’ve decided to make the plunge and sell your home. More than a few people have innocently asked me, “What happens to my mortgage when I sell my home?” If you own a home, you undoubtedly are carrying a mortgage on it. A mortgage is simply a loan from a bank or financial institution for percentage of the value of the home, which you pay to the person you purchased the home from when you bought it. Depend on the type of mortgage you have, the amount due on the loan should have decreased during the time you lived in (2 comments)
I often get the question, “What do I look for in a neighborhood?” My answer is always the same. “Easy. Value!” I usually get a strange look, but it's true. In a neighborhood, I am looking for clues to assess the value of the property, plain and simple. Well, maybe not so plain and simple, I know. So let me explain. Normally, my rehab properties are not in the expensive areas of town. It's rare that you'll find a rehabber meeting his or her investment goals buying in the expensive parts of town. There are generally fewer homes needing rehabbing (0 comments)
While "green" has become quite the buzzword when it comes to home building and design, what exactly it means isn't always clear. There are a few standards for eco-friendly homes, but the term "green" doesn't have a universal definition beyond being a color made by mixing yellow and blue. So how does a consumer know when a home the builder is calling "green" is actually built with an ecological focus, or at least enough of one to justify its price? Some of the standards for ecologically minded homes include increased insulation. To be really energy efficient, a home should be (0 comments)
frisco tx: Get ready Frisco you may be getting a new ZIP code beginning July 1. - 05/19/11 04:58 PM
Frisco is the fastest growing city in the United States and the ZIP code 75034 has begun to exhaust its ZIP plus fours. More than 10,000 residential addresses and 400 commercial addresses will use the new 75033 ZIP code beginning July 1. Over the last decade, new businesses have followed nearly 90,000 new residents into the city -- bringing about the need for the new zip code. Frisco gets new ZIP code New Zip Code, 75033, Announced for Part of Frisco TX The boundaries of the new ZIP code are Highway 380 to the north, Preston Road to the east, FM (1 comments)
Read My Other Articles On Landscaping For ProfitProfit is in the Plants: Landscape Your Frisco TX HomeUsing Plants For Emotional Appeal : Sell Your Frisco TX Home Fast!! No matter how beautifully decorated the inside of your home may be, if the outside of the house does not reflect what lies behind the front door, you may easily lose the sale. Potential homebuyers frequently make a list of homes from various internet sites, advertisement listings or through a realtor that they wish to see and then drive by these homes to get a ‘feel' for the property and the (0 comments)
Over $10 billion in mortgage commitments for working people to purchase homes on the best terms anywhere with one mortgage product for all homebuyers The Lowest Interest Rate: one-percent below market rate for a conventional "A" credit loan with the below incredible terms: no down payment, no closing costs, no application fees, no private mortgage insurance, and no requirement for perfect credit. Call me at 214-234-6901 to see how easy it is to qualify!!!
Grant Howell of RE/MAX First Realty - West Frisco has successfully completed the REALTOR e-PRO course to become one of a select few real estate professionals to earn the prestigious certification offered through the National Association of REALTORS.® The REALTOR e-PRO® certification course is an educational program unlike any other professional certification or designation course available, comprehensive and interactive. It is specifically designed to provide real estate professionals with the technology tools needed to assist consumers in the purchase or sale of a home. With more than 70% of consumers beginning their real estate research on the Internet, e-PRO® certified (0 comments)
frisco tx: RE/MAX-First Realty (Frisco) Thanksgiving Holiday Food Drive - 10/16/07 11:48 AM
RE/MAX-First Realty (Frisco) Thanksgiving Holiday Food DriveLocation: Eldorado & 423The Holidays are a wonderful time of reflection-we all have so much to be thankful for no matter how difficult our circumstances may be. With the generous help of the community, our goal is to help provide approximately 350 families with some Holiday cheer. There are five important ways in which you can support this program and assist in making this years program more successful than ever:1. Donate completed Thanksgiving Meal Boxes2. Donate Turkeys.3. Donate grocery store gift certificates.4. Give a cash donation to support this program.5. Collect items needed for the (0 comments)
frisco tx: 4142 VICTORY FRISCO TX 75034 - OPEN HOUSE SUNDAY 12 UNTIL 3 - 07/14/07 09:32 PM
OPEN HOUSE SUNDAY 7/15/07 12:00 UNTIL 3:00Location: Heritage Lakes Beautiful, spacious home with extensive upgrades including stainless steel appliances, designer skip trowel textures, 16 in tiles throughout and his and her closets in upgraded masterbath. Floorplan is ideal with masterbedroom, a separate study and secondary bedroom with full bath on main floor. Two additional bedrooms and media room are located upstairs. The salt water pool is gorgeous with fountains and extensive decking for easy entertaining.InformationContact InformationGrant Howell, ABR, ePRO214firstname.lastname@example.orgContact Reply FormForward to a FriendView Other FlyersPricingAsking Price: $367,000.00Property Location4142 VICTORY DrFrisco, TX 75034View MapFeaturesBedrooms: 4Bathrooms: 3Parking: Garage (Rear)Year Built: 2000Subdivision: Heritage (0 comments)
frisco tx: Choosing A Competent Real Estate Agent - 06/22/07 10:37 AM
There's a common saying in the real estate industry regarding the vast number of agents in the business: "If you don't have any friends who are agents, then you probably don't have any friends at all." With so many agents out there, how can you make an intelligent decision? Do you choose a friend, neighbor or coworker? Should you work with an agent at a large firm, a small firm, a franchise or an independent? "With the expansion of the number of Realtors, the level of competence has fallen to its lowest point ever," says former NAR Chief Economist and best-selling author (7 comments)
frisco tx: 1% TRANSFER FEE RIGHTS DEED RESTRICTION - FREEHOLD'S GenEstate™ COVENANT - 06/21/07 11:23 AM
This deed restriction attempts to require every subsequent purchaser of the property to pay 1% of the sales prices of which a substantial percentage goes to pay the company, Freehold Development, and another portion of the percentage to the original owner who created the restriction for 99 years. The restriction creates a lien against the property if the transfer fee is not paid. First, let's talk about the logic that led to the creation of this deed restriction covenant. Its creator reasoned that when an artist applies his or her talents and hard work to create something of beauty and lasting value, there (2 comments)
Bowen Inventory Homes are ready right now at special pricing!!! Grayhawk is a master-planned neighborhood is only a few miles north of Plano and minutes from the Dallas North Tollway. Grayhawk is a world of its own, with more than 30 acres of scenic, naturally sculpted open spaces, a winding trail system and a series of boulders and welcoming park settings. A prime location and outstanding economic potential have made Frisco one of the fastest-growing cities in the nation. While Frisco is winning awards for its progressive programs and setting records for its unprecedented growth, it remains committed to its rich heritage, with (2 comments)
frisco tx: BOWEN HOMES OFFERING GREAT DEALS IN GRIFFIN PARC - FRISCO TEXAS HOT DEALS - 05/23/07 02:42 PM
Bowen Inventory Homes that are ready right now at special pricing!!! Griffin Parc is a master planned development with a community pool, hike & bike trails and is conveniently located near baseball and soccer fields. In addition, the community has easy access near the Dallas North Tollway, golf course, Stone Briar Mall, and has a variety of restaurants and entertainment choices. One of the most original neighborhoods in Frisco! You'll love the neo-traditional feel of this french cottage style neighborhood! Click here to watch a HotOnHomes video about Griffin Parc Click here to watch a HotOnHomes video about Frisco Texas Click here (0 comments)
frisco tx: LITTLE ELM TOWNE CROSSING - New Shopping Center Development Opening 2007 - 04/18/07 11:46 AM
LITTLE ELM TOWNE CROSSING New Shopping Center Development Opening 2007 SWC Eldorado Parkway & FM 423, Little Elm, Texas Little Elm Crossing is a brand new 170,000 sf Shopping Center Development opening late 2007 at the southwest corner of Eldorado Pkwy & FM 423 across the street from a new Super Wal-Mart (opening 2006) and an exising Lowes store. Eldorado will soon connect to I-35E across Lake Lewisville to become one of the longest east-west thoroughfares in Denton county. Plans include 170,000 sf of anchor and shop retail space and pad sites. Small Shop - $23-$26.50 psf Jr. Anchor - $14-$16 psf Anchor (0 comments)
frisco tx: Meet the Jetsons - Why Real Estate is Changing - 01/30/07 01:43 PM
I am always looking at the market and seeing a new way to utilize technology in my career. The real estate industry is becoming this high tech field, and it wasn't considered that way in the recent past. Internet and mobile technologies have transformed the way I do business. I use my tablet PC to display and retrieve documents my client's can sign directly on the screen. I can write an offer on the spot then fax and email it directly to the listing agent. I don't have to lug around heavy files or explain why I don't have the right documents on hand. When I want to list a (15 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.