realtor: Seller financing can be an option for some buyers, sellers.
- 05/12/09 02:09 PM
When the home you want does not have a mortgage or has one the seller is willing to carry, seller financing can be a great deal for a person buying a home.Usually, the seller will want 10 percent down, but not always. The interest rate charged could be a point above the lowest bank rate. But one big advantage: The seller usually doesn't require mortgage insurance, meaning the monthly payment will be lower in any case.The loan can constructed on a 30-year basis. Most seller-finance deals, however last for five to seven years, then are settled with a balloon payment for … (1 comments)
realtor: Five steps to being indispensable
- 04/30/09 06:17 AM
Everyone wants to be viewed as important, and these days standing out in this market amongst the rest is key! Here is some advice to consider in increasing your importance: 1. Get visible. Small stuff counts, such as face time. Arrive a little early, leave a few minutes later than everyone else, and speak up at a meeting. Big stuff counts more. Volunteer for an assignment no one wants, change your methods, take a chance. 2. Be a problem solver. Search for ideas that help your customer or the company's clients. When you can help customers or clients, you will be … (2 comments)
realtor: What to expect this year, next year..the stimulus package.
- 04/28/09 03:33 AM
Here is a little rundown, of the stimulus package and you, and what we can expect. The $787 billion stimulus package, signed by President Barack Obama, includes tax benefits and spending increases that will directly benefit many Americans. Reduction in income tax: The IRS is updating withholding tables to incorporate the Making Work Pay tax credit of $400 for singles and $800 for couples. When employers receive the new tables, the changes will be made. First time homebuyer tax credit: Singles with income of up to $75,000 and couples earning up to $150,000 who buy their first home (or who haven't … (0 comments)
realtor: House Hunters scoop up the Bargains!
- 04/22/09 09:32 AM
Drawn by the real estate opportunity of a lifetime, thousands of small investors are stepping back into the market, say the experts quoted Fortune.They're not the only ones drawn by bargain prices on everything from single-family homes, to duplexes and apartment houses. In December, there was a 6 percent increase in the sale of existing homes. (In January, new home construction figures were rising as well.)Here's how to get the best deals:* Work with your real estate agent. The agent will be familiar with available properties and circumstances of the sellers. It's important to know how long properties been on the … (0 comments)
realtor: Garbage in, Garbage out
- 04/16/09 03:01 AM
In sales, we could turn this around to read: Garbage out, garbage in. There’s a mystique built up around the Great Sales Pitch, a mythical stream of talk that is so persuasive, so targeted, so perfectly tuned that it could induce a woman to buy mustache wax or a man to buy hair curlers. But let’s face it, salespeople today don’t pitch snake oil from the back of covered wagons. Today’s best sales pitch, therefore, may not be much of a pitch at all. It is sometimes the ability to keep quiet. The big payoff in sales has more to … (0 comments)
realtor: When selling your house.
- 04/15/09 02:36 AM
When selling your house little things could mean a lot: You won't recoup the cost of a swimming pool, or a finished basement when you sell your home. Improvements in kitchens and bathrooms, however, do raise value. Other than remodeling, here are some inexpensive ways to make a home attractive, according to high-producing real estate agents. 1. Paint the front entrance and put geraniums by the door. 2. Remove some furniture from cluttered rooms. 3. Take half the stuff out of the closets and put half of the counter-top clutter somewhere else. 4. Clean the house, especially the windows. 5. Tighten … (0 comments)
When the home you want does not have a mortgage or has one the seller is willing to carry, seller financing can be a great deal for a person buying a home.Usually, the seller will want 10 percent down, but not always. The interest rate charged could be a point above the lowest bank rate. But one big advantage: The seller usually doesn't require mortgage insurance, meaning the monthly payment will be lower in any case.The loan can constructed on a 30-year basis. Most seller-finance deals, however last for five to seven years, then are settled with a balloon payment for … (1 comments)
;)
;)
