selling: Real Estate Investing
- 05/18/12 04:12 AM
Did you know that real estate investors bought 1 out of every 4 homes last year? Real estate investing has transformed the real estate (and television!) markets. And it's not just selling these investment homes...demand for rentals is higher than demand for homes to buy. In fact, 3.6 million homes have become rentals in the last five years. In today's post, real estate expert Steve Cook points out 3 myths about real estate investment that you should know about:
Myth 1: Real estate investors are basically flippers who buy and sell properties as fast as they can. Myth 2: Real … (1 comments)
selling: Ending Emotional Ties When Selling Your Home
- 03/16/12 01:15 AM
Selling a home is a very emotional experience. It can be extremely difficult to help your client separate their emotional ties to their home from the business strategy of selling their home. Real estate blogger Eve Becker’s post on today’s Equifax Finance Blog offers advice based on behavioral economic factors that can help your client through this emotional process. There are five of these behavioral economic factors to understand: 1. Status quo bias 2. Loss aversion 3. Endowment effect 4. Anchor 5. Sunk costs Becker’s post features advice from retirement author Jan Cullinane, who says that once these … (3 comments)
selling: Real Estate Investment: What To Do With Timberland?
- 02/10/10 08:52 AM
Many investors have bought vacant timerland in the past, hoping to resell the land or timber in the future. The value of vacant land has since decreased, and so has the profitability of timber. Selling the land for cheap today yields no profit, but neither does trying to sell some of the timber. Holding onto the property and hoping conditions will clear up in the future is another option. My feeling is that if you don't have a prayer of making money in the next 3 to 4 years, you should get rid of the land. What happens if you have … (0 comments)
selling: Six Reasons Why Your House Won't Sell
- 07/27/09 04:42 AM
The spring selling season – such as it was – has quickly faded away. Homeowners who want to sell are now pinning their hopes on the third quarter of 2009. With a strong buyers’ market in place, many sellers are bound to be disappointed, as buyers skip over their homes for others nearby. Why do some houses sell?
Here’s my list of 6 reasons why your home won’t sell: 1. It looks drab in photos. Since the vast majority of home buyers start their search for a home on the web, your house had better look fabulous in … (4 comments)
selling: Seller Financing Risky If Buyer's Financing Uncertain
- 04/09/09 07:47 AM
Since the credit crisis, mortgage lenders have raised their requirements for issuing mortgage loans. With this in mind you as a seller may decide to extend financing to a home buyer. But what are the risks of seller financing? How can you ensure that the buyer who you provide seller financing to can make the mortgage payments? Learn more about assessing risk with seller financing in this real estate law story law story. Question: I am thinking of providing owner financing to a potential buyer of one of my homes. This would be a second home for my buyer and he … (0 comments)
selling: How To Buy A Home For Less Than Listing Price
- 03/26/09 06:27 AM
Since the collapse of the housing market many buyers have started to make low-ball offers when buying a home. How can you buy a home with an offer that's less than listing price? You have to do your research -- look closely at foreclosures, short sales and comparable properties before making an offer below listing price. And be ready for the sellers and their agent to give you a strong, likely negative, reaction. Low-Ball Offers I got a call on my radio show last week from a very frustrated home seller. He is selling 30 acres of land in Georgia, not that far … (1 comments)
selling: How To Sell A Property With Multiple Owners
- 03/15/09 03:50 PM
As you get older, in order to protect your property, you may want to transfer property titles to your children's names. When you transfer title to property before you die you may see your children fight about the property and whether to sell it. If your children feel one of their siblings is getting a free ride or cheating, the property situation could get ugly. To sell the property your children may have to involve a real estate attorney who can help with a partition lawsuit or enable swapping property. Here's the story of one Think Glink reader, also available on … (2 comments)
Did you know that real estate investors bought 1 out of every 4 homes last year? Real estate investing has transformed the real estate (and television!) markets. And it's not just selling these investment homes...demand for rentals is higher than demand for homes to buy. In fact, 3.6 million homes have become rentals in the last five years.
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