foreclosure: Buy Neighborhoods not homes!!
- 05/18/09 02:00 PM
How to Evaluate a Good Neighborhood when Buying a House"It's important to choose the highest quality neighborhood when buying a house. It's not only good for you and your family, but you will realize the highest increase of appreciation. In other words, your property value will rise faster in a better neighborhood." - Regina P. Brown, San Luis Obispo, CAHome buyers don't buy HOUSES. They buy NEIGHBORHOODS. In fact, neighborhoods are more important than individual houses. If you have a house for sale, and a prospective buyer drives down your street, and feels uncomfortable with the neighborhood atmosphere, they will keep … (1 comments)
foreclosure: Should I Owner Finance my home??
- 05/18/09 01:54 PM
With the Banks' tightening of the money, there has been a resurgence of Lease to Own Agreements lately. Although these deals are popular with both Buyers and Sellers, they are not to be taken lightly. Here's why these instruments are potentially dangerous:Danger for the Seller: If the Buyers stop making payments under a Lease to Own Agreement, the Seller can not evict them. Instead, the Seller has to institute foreclosure action, which can take many months. In essence, the Owner could potentially have tenants who don't pay rent for a very long time (foreclosure action may take over a year), without … (0 comments)
foreclosure: Short Sales - What are they?
- 03/05/08 03:23 PM
What is a "Short Sale" in the real estate industry? This is a question asked by many consumers who own homes. A short sale is when the lender will take a lower pay off of the home than what is owed. The reason the lender will do this is because it cost the lender THOUSANDS of $$$ if the property goes back to them. If you find yourself looking down the barrell of a foreclosure, contact a real estate agent who specializes in this area. Jonathan Newton, Team Newton, in the Shreveport/Bossier City area specializes in getting their clients property sold … (0 comments)
How to Evaluate a Good Neighborhood when Buying a House"It's important to choose the highest quality neighborhood when buying a house. It's not only good for you and your family, but you will realize the highest increase of appreciation. In other words, your property value will rise faster in a better neighborhood." - Regina P. Brown, San Luis Obispo, CAHome buyers don't buy HOUSES. They buy NEIGHBORHOODS. In fact, neighborhoods are more important than individual houses. If you have a house for sale, and a prospective buyer drives down your street, and feels uncomfortable with the neighborhood atmosphere, they will keep … (1 comments)
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