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real estate: How to Find Distressed Properties - 07/08/08 12:20 PM
This the third post in a series I am writing on finding distressed properties. Posts 1 & 2 can be found here.
Marketing Marketing to owners of distressed property is the third method of finding distressed property.
Marketing Costs For purposes of this post we will define marketing as the process of informing owners of distressed property, that you are interested in purchasing their property.
Almost all forms of marketing will have an out of pocket cost, before you see a return on the marketing investment. These costs may include printing, postage, design, or mass media expenses.
Marketing Budget It is … (1 comments)
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real estate: Interesting Real Estate Tid-Bits - 06/02/08 04:56 PM
While I mostly deal with commercial real estate, I like to know what is going on in the housing market as well. Today's news had two interesting articles that I enjoyed reading.
First, Reuters has an interesting article about the residential real estate market in Stockton, CA. Stockton is about an hour away from beautiful Walnut Creek, CA. As you can read in the article Stockton has been devastated by the bursting of the real estate bubble. The article reports that some agents in Stockton are almost telling home owners not to sell because the market is so poor.
Second, the … (0 comments)
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real estate: Locked Up in a Broker Daisy Chain - 04/22/08 05:59 PM
What is a Daisy Chain? I field phone calls from commercial loan brokers all day long discussing the different loan scenarios that come across their desks. Our company advertises in the Scotsman Guide and this generates some “cold” incoming calls.
Frequently, we will get a phone call from a Broker A that received a loan file from Broker B. Broker B received the file from Broker C who received it from Broker D who knows the borrower. This is what we call a broker “daisy chain”.
Merriam-Webster defines a “daisy chain” as “1) a string of daisies with stems linked … (3 comments)
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real estate: The Three Phases of Buying Property in Foreclosure - 04/21/07 04:48 PM
With all the press generated about sub-prime mortgage failure and defaults, many more people are curious to know about buying a foreclosure home. Most people hope that by purchasing a foreclosure home they will be getting a better bargain and saving some cash. This may or may not be the case.
Unfortunately, when people begin to neglect their bills they also begin to neglect their home. Frequently a home that is in a state of foreclosure has deferred maintenance and is in need of repair. The amount of disrepair varies from home to home.
If a person is willing to put … (1 comments)
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real estate: About This Blog - 04/11/07 06:35 PM
Welcome to my ActiveRain Blog. I hope to post many relevant articles here relating to real estate. Some of them will be specific to Contra Costa County and the cities of Concord, Clayton, Pleasant Hill, Martinez, Moraga, Lafayette, Orinda, and Walnut Creek. Other posts will be about real estate in general.
I have another blog located at http://blog.pmaclennan.com. That blog will be my primary writing location and this will likely feature many posts from that blog.
If you have any questions or I can serve you in any way, please contact me by email or phone. Thank you and Welcome!
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Peter Maclennan - Investment Real Estate
Walnut Creek,
CA
More about me…
Maclennan Investment Group, Inc.
Address: PO Box 2564, Walnut Creek, CA, 94595
Office Phone: (925) 385-8798
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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.
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