Selling Your House - $100,000 Pets
January 31, 2009
Is your pet worth $100,000? It may be if you don’t make accommodations for it when selling your home.
A Hundred Thousand Dollar Pet?
A house I’d seen with a potential buyer in an attractive neighborhood built around two lakes sold for $100,000 less than was typical for the neighborhood. Do you know what caused it to sell for that much less? A pet. Actually, two pets.
I can hear you thinking, “How can that be? Surely she doesn’t know what she’s talking about this time. How could two pets reduce the sales price of a home by $100,000? Is that even possible?” I understand your skepticism, but it’s true. Let me tell you how I know. When I made the appointment for the potential buyer to look at the house, I wasn’t told about the presence of pets. We arrived at the house, knocked on the door, and when no one answered our knock, I got out my electronic key to open the box containing a key for brokers to use. While I was doing this, we began to hear some loud barking from large dog or dogs inside the house. The buyer said she did not want to go into the house with “dogs on the loose.” I have to admit I wasn’t thrilled with the idea either, so we went on to the next house she was considering.
How To Build A Million Pound Property Portfolio
January 31, 2009
Looking to quickly build a million pound property portfolio? You could try a high risk and speculative technique that has been used over recent years by investors hoping to make big profits from property.
The technique relies on re-mortgaging and negotiating good discounts on off-plan property to take a £50,000 deposit and turn it into a million pound property portfolio within a couple of years or less.
How does it work?
The technique only works in areas where house prices are rising fast and opportunities exist to purchase off-plan properties, where discounts of up to 15% are not uncommon.
Investors begin by purchasing one or two off-plan properties. These are properties that are not yet fully developed or have only just received planning permission. Developers tend to offer larger discounts to people who are prepared to buy properties at this stage of the build.
On completion, the investor will refinance the properties. A combination of rising house prices and the discounts gained at purchase, ensure that the property is refinanced at a higher figure than the original purchase price. The extra money gained through refinancing is then be used as a deposit for another two properties.
Buying Property in Spain - How to Avoid Paying over the Odds
January 30, 2009
Selling Your Own Home ? Pet Issues
January 30, 2009
If you are selling you own home, you need to consider the effect of pets. People who are working with a real estate broker are sure to get coached about the potential negative effect of pets. If you aren’t working with a broker, this article discusses the pet issue.
When You Show Your Home
If you are selling you own home, you must realize a lovable pet might cause the following problems:
1. The potential buyer may be so nervous about dogs that she doesn’t picture herself living in the home,
2. The potential buyer doesn’t like pets and thus doesn’t see her furniture in the home in her mind’s eye,
3. She doesn’t picture the route she’d drive to and from work, and doesn’t imagine where she’d stop for errands or fun along the way home.
In short, the presence of pets makes it difficult for the potential buyer to see the house as their own. Is a potential buyer in that frame of mind likely to buy that home? No.
Defense Against Pet Damage
Eight Out of Ten Millionaires Surveyed Made their Fortune in Real Estate - How?
January 30, 2009
Consider the statistic in the title for a moment.
8/10 millionaires surveyed found their wealth in Real Estate.
What that means is an overwhelming proportion of people we’d like to emulate and achieve the results they got, (A million dollars or more) did it trading Real Estate.
80%
But logic tells us that many people own real estate. They all have dealt in Real Estate in one way or another and they are NOT millionaires. They arent even comfortable, sure they have a large asset they are working to pay off, but they are definitely not financially comfortable.
The question bears investigating. What do these millionaires do with real estate that thousands and thousands of people don’t?
I can tell you they didnt do what the average family does. They dont buy the family home and toil for a life time to pay it back, then wonder about the next purchase in their twilight years.
Today, there are many investors. So the average family is getting a bit more ambitious. They recognize that toiling for a life time, they will be left with little. Just one home.
Best Time to Buy? Best Time to Sell?
January 29, 2009
Finding, Fixing, Financing, and Flipping - The Short Course
January 29, 2009
Most people get involved in Real Estate investing to make money.
Pretty self-evident - or, is it?
What would you say if I told you that everything you have been taught about Real Estate investing and making money “rehabbing” your real estate investments is wrong?
Well, at least, much of it!
Let’s take a look at something that all too many people don’t think about in their real estate investing - something that seems to be a secret formula to bringing in the most cash from your real estate investments.
While it is often true that the total price of a property that has had a lot of work done on it is more than one that hasn’t, what has that “price difference” really cost you, the Real Estate Investor?
With enough time and effort, we could go through dozens of scenarios to figure out just what a loss of time, money and effort it is to go through a house and “rehab” it, but let’s keep it short and talk about some things that really happen in real estate investments - a “reality check” if you will…
Guide To Finding Maui Waterfront Property
January 29, 2009
Have you ever dreamed of living in a spectacular tropical paradise where you spend your days sitting on a beach watching the waves roll in? Where the air is clean, the climate always warm and your neighbors are always welcoming you with warm smiles and sincere hellos? The place you’ve always dreamed of is probably Maui. Whether you’re looking for a waterfront vacation property, a new place to live and work or are considering options for retirement, purchasing a Maui waterfront property could be the answer to your tropical paradise dreams.
Maui is the second largest island on the Hawaiian chain. Besides its pristine beaches, Maui is home to a rainforest, volcanoes, waterfalls, wetlands, fabulous shopping, some of the best waterfront hotels, resorts and restaurants in the world and of course an exciting Hawaiian culture and lifestyle. And what other place in the world can you look out the back window of your waterfront property and watch as amazing humpback whales make their winter home in the warm waters off the coast? You could only experience this on Maui. When you live in Maui you’ll be part of an incredibly unique community. A small population that is diverse culturally, ethnically and spiritually. A magical island you’ll want to call home.
Buying Real Estate Thats Not For Sale
January 29, 2009
11 Different Ways to Participate in The New Millennium Real State Boom
January 29, 2009
