Real estate blog entries tagged with real estate by Victor Emeli - www.HouseWealthy.com (The Manor Enterprises)

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real estate: Sellers must disclose defects in "as-is" sale - 01/06/08 09:23 PM

In this currrent market, there are a lot of properties listed as "as-is" sales. Many buyers are not clear on the meaning of "as-is" and what it may imply.
Selling "as-is" does not protect a seller who lied about the condition of the property or who concealed huge faults that the … (0 comments)

real estate: MyCommunity Mortgage: A Subprime Alternative - 04/11/07 02:40 PM

MyCommunity Mortgages: which are sponsored by Fannie Mae and is designed to assist low and moderate income families, public service employees, and disabled people to realize their dream of owning an affordable home. This program allows for 100% financing and little to no money required into the transaction for those who … (23 comments)

real estate: Professional Stagers Help Home Sales - 04/09/07 02:12 PM

We have all seen the increase in business for the home inspector in this buyer's real estate market. The professional home stager is another real estate business that is seeing a resurgence in activity.
This Spring will see an increase in homes on the market and each seller needs to get … (2 comments)

real estate: Seek an "Educational" Mortgage Broker - 04/01/07 08:06 PM

There has been plenty of news on the demise of the subprime market and how certain unscrupulous loan officers/lenders preyed on the following individuals:
1. Elderly2. African-American3. Low or Fixed Income4. Women
In my opinion, these loan officers/lenders are a disgrace to the business and make it harder for the honest ones that … (6 comments)

real estate: Use The Home Inspection To Your Advantage - 03/22/07 09:36 AM

While many real estate professionals have experienced a slowing in business, there is one group that has seen an upturn .... the home inspector. While we had the torrid pace of home sales during the 2000 - 2005 real estate boom, the home inspector was relatively left out in the cold. … (2 comments)

real estate: Importance of Rental Property Depreciation - 03/20/07 11:50 PM

A common mistake among real estate investors (I am guilty of this too, when I first started investing) is that they often do not deduct depreciation on their investment properties when doing their taxes. The government allows you to take a depreciation deduction each year on your investment properties. There is … (3 comments)

real estate: Strategy for High Equity Rental Properties - 03/20/07 01:14 AM

This is probably a tax law that many of you know already, but I feel compelled to state it just in case there are a few who are unaware of its benefits.
We all know about the tax law that states if you live in your primary residence for two year … (2 comments)

real estate: Mistake Buyers Make around Settlement Time (audio) - 03/19/07 03:34 PM

Here is a link to part of an audio interview that I had with an owner of a reputable settlement company. We are discussing the mistakes people make before, during, and after settlement. This interview is part of an 8 question interview conducted in Maryland a few weeks ago. The full … (0 comments)

real estate: How to afford a Home with little money - 03/19/07 10:58 AM

I run across many first-time homebuyers that have trouble coming up with money for closing costs or downpayment. This seems to be a hurdle on the road to homeownership for many people. But with decent credit (600 or above) you can qualify for many community programs that allow 100% financing at … (3 comments)

real estate: State of the Mortgage Broker - 03/09/07 07:07 PM

I am new to Active Rain and love it already. I have read a few blogs and have noticed some talk about how Mortgage Brokers seem to be working harder for a lot less work (.... as is everyone else in the real estate industry).
Does anyone think that more regulations … (2 comments)

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