Real Estate Information

Can I Sell My Private Mortgage Notes?


In this country millions of homes are sold every year. In most cases buyers go to a bank or finance company to seek mortgage financing.

How to Prequalify a Buyer When You Sell Your Home By Owner


Before we get to the math there are a few terms you should understand.  The first is PITI which is nothing more than an abbreviation for "principal, interest, taxes and insurance.  This figure represents the MONTHLY cost of the mortgage payment of principal and interest plus the monthly cost of property taxes and homeowners insurance.  The second term is "RATIO".  The ratio is a number that most banks use as an indicator of how much of a buyers monthly GROSS income they could afford to spend on PITI.  Still with me?  Most banks use a ratio of 28% without considering any other debts (credit cards, car payments etc.).  This ratio is sometimes referred to as the "front end ratio".  When you take into consideration other monthly debt, a ratio of 36-40% is considered acceptable. This is referred to as the "back end ratio".  

Purchasing Property With No Money Down: My Personal Experience


Have you ever seen those infomercials about buying houses with ?No Money Down?? They are really well done. They have all kinds of people offering great testimonials about how they have gotten rich, buying rental properties, with absolutely no money out of their pocket. You see this guy, standing on a street corner, talking to someone, and he says, ?I own that one,? pointing to a beautiful colonial. ?I also own that one next to it, and the one two doors down, and I?ll be closing on the one directly across the street from it, next week.? He then assures us that he has purchased 17 homes in the last eight or ten months, with zero money down on the properties. Plus, in many cases he?s also paid no closing costs.

Budgeting Your Log Home: Where Do You Start?


The Log home industry has matured these last many years, but there is still a lot of confusion about how much a log home costs. Naturally, everyone wants to know the cost of the log package; however, the budgeting only starts here. If you are shopping for a milled log package (as opposed to hand-crafted, which is a totally different category), the difference between one manufacturer's price and another is minimal when compared to the total cost of the structure. Here are some reasons why:

How to Get Financing after Filing Bankruptcy


If you're thinking about buying a home but have declared bankruptcy in the past, don't give up hope. There are still ways for you to be able to find a loan, even if your credit history is less than sterling.

Joint Ventures In Real Estate Development; So How Do They Work?


There are many reasons why you would consider joining with another person to undertake a development project in Joint Venture.

How to Price Your Property?


A house properly priced is half sold. But there are plenty of ways to price it improperly.. * You can't go by what you paid for the place. Perhaps you bought two years ago when local prices were skyrocketing, and things have cooled off since. Perhaps houses like yours can now be bought for less, and if you hold out for what you paid, you'll just waste your time.. On the other hand, perhaps prices in your area have taken off, and you'd short-change yourself if you just tried to "get my money out" (but you'd have a fast sale.). * You can't go by how much you've spent on improvements. A given street will support only a given price range. If you've invested so much that yours would be the most expensive house on the street, the buying public is not likely to reimburse you.. * You can't go by your tax assessment figure. Even in communities that aim at full-value assessments, the figures are almost never in line with what buyers are currently ready to pay.. So how do you price your house?. By putting yourself in a buyer's shoes.. What else is for sale in the area? How does it compare with your house? How long has it been on the market? What has sold recently, and how much did the buying public value it at? What has failed to sell in the past year?. Any good broker can furnish the data you need, often in the form of a chart known as a CMA, Comparative Market Analysis. . And once you have it, again think like a buyer. What price would it take for you to look at a list and say to an agent "Take me to see that one"?.

How to Make the Real Estate Market Work For You and Get The Most Money


How to make the Real Estate market work for you and get the most money.

Cheap, Bargain, Real Estate; Good Deals, Below Market, Low Priced Properties Are Available...


Cheap, Bargain, Real Estate; Good Deals, Below Market, Low Priced properties are available if you know how to buy them.

Real Estate: Reasons and Priorities for Purchasing Property


Real Estate: Reasons and Priorities for Purchasing Property.  It?s not just about Real Estate as an Investment.

A Powerful Suggested Technique for YOUR Home & Property Search


A Powerful Suggested Technique for YOUR Home & Property Search

Horses In My Back Yard


Horses In My Back Yard

How To Give Yourself A $20,000/Year Raise Without Asking Your Boss


Why without asking your boss?

How Do I Implement The Lease Purchase Plan?


Well, as we have discussed in previous newsletters first you have to set up goals for yourself, both long term and short term. Don?t forget these goals define how your business is run. They will determine what you do on a daily, weekly and monthly basis. The best way to do this is to picture yourself a year down the road. Close your eyes and get a mental picture of where you want to be, what you want to have, how you want to look, then open your eyes and write all that down on paper or speak into a voice recorder.

How I Became a Real Estate Investor


Recently I closed on the sale of two homes. They were located about a mile apart and had comparable market values. However, beyond these two similarities, the two deals were very different from each other. Let me discuss in more detail the similarities and differences of the two deals.

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Business Insider

New Rick Otton Real Estate Book Exposes Creative Strategies for Property Investing
San Francisco Chronicle (press release)
In his just published book 'How To Buy A House For A Dollar' property investment expert, Rick Otton, sheds new light on his strategies for buying and selling real estate. Sydney, Australia (PRWEB) May 16, 2012 For over 30 years Australian property ...
China Real Estate UnravelsBusiness Insider
Blue-Chip Real Estate Investment StrategiesNuWire Investor

all 10 news articles »


Real estate agents help local 'heroes' buy homes
Washington Post
There are appraisals, closing costs, real estate broker commissions — an intimidating litany of “to-dos” with dollar signs attached. With that in mind, Cheryl Spangler and Bernadette Cole, co-owners of Exit Gridiron Realty in Manassas Park, ...



Wink News

Real estate survey shows pros think Florida's market outlook improved in 1st ...
Washington Post
A survey of real estate professionals shows Florida's market outlook improved in the first quarter of 2012. The University of Florida released the results this week. Respondents said they felt optimistic because of the falling unemployment rate and ...
Real estate outlook better, survey showsSarasota Herald-Tribune
Semiannual Survey Shows Pessimism in Twin Cities Commercial Real Estate MarketMarketWatch (press release)
Real estate pros say things are looking up, survey saysThe Florida Current
Minneapolis Star Tribune (blog)
all 40 news articles »


Pure Industrial Real Estate Trust Announces Agreement to Acquire Two Fully ...
MarketWatch (press release)
VANCOUVER, May 16, 2012 /PRNewswire via COMTEX/ -- Pure Industrial Real Estate Trust ("PIRET" or the "REIT") (CVE:CA:AAR.UN) today announced it has entered into an agreement to acquire two fully leased, single tenant, income producing industrial ...
InnVest Real Estate Investment Trust Announces Monthly DistributionSYS-CON Media (press release)
Canadian Real Estate Investment Trust Announces May 2012 DistributionMarketwire (press release)
Morguard REIT declares May 2012 distribution of 8 cents per unitSacramento Bee
Montreal Gazette
all 72 news articles »


Vietnam Stocks: Ninh Van Bay Real Estate, Petro Capital
Bloomberg
Ninh Van Bay Real Estate Joint-Stock Co. (NVT) , which develops and manages resorts, slumped 4.6 percent to 4200 dong, poised for the biggest decline since Feb. 15. The company posted a net loss of 11.7 billion dong ($560000) for the first quarter this ...

and more »


Morguard Real Estate Equity Fund Now Available on FundSERV
Sacramento Bee
TORONTO, May 16, 2012 -- /CNW/ - Morguard Financial is pleased to announce their real estate equity product, the Morguard Real Estate Fund, is now listed and available to Canadian accredited investors through FundSERV. Established in December 2006, ...
Top 5 Best Performing Real Estate Mutual Funds Year to Date - Best Performing ...NASDAQ

all 5 news articles »


MIG Real Estate Enters Texas Market With Houston Multi-Family Purchase
MarketWatch (press release)
NEWPORT BEACH, CA and HOUSTON, TX, May 16, 2012 (MARKETWIRE via COMTEX) -- MIG Real Estate, LLC, a Newport Beach, Calif.-based real estate investment company, has acquired Wynhaven at Willowbrook, a multi-family residential community in Houston, Texas.

and more »


HNN Huntingtonnews.net

"30 Under 30" Realtors(R) Represent Future of Real Estate Profession
MarketWatch (press release)
WASHINGTON, DC, May 16, 2012 (MARKETWIRE via COMTEX) -- Today's real estate market is challenging and competitive, but this year's REALTOR(R) Magazine "30 Under 30" honorees haven't let that deter them. The 2012 class is following in the strong ...
New REALTOR Benefits® Partner, Xceligent, Creates Competitive AdvantageRealEstateRama (press release)
Homes for Sale Grow Scarce as Sellers Wait for Price ReboundSan Francisco Chronicle
Homes for Sale Grow Scarce as Sellers Await Higher PricesBusinessWeek

all 95 news articles »


Los Angeles Times

Southern California housing data signal turnaround
Los Angeles Times
The region's median home price rose 3.6% from a year earlier to $290000 in April, real estate research firm DataQuick of San Diego reported. Construction of new homes jumped last month. Above, a window frame is worked on at a home in San Diego.
Home Sales Dip Slightly in Riverside CountyPatch.com

all 52 news articles »


Allied Properties Real Estate Investment Trust Announces Acquisition of Class ...
MarketWatch (press release)
"In addition to being immediately accretive, the complex will be a strong complement to our properties on Victoria and Breithaupt Streets," said Michael Emory, President & CEO. "The three properties together form the core of the Class I office ...
Allied Properties Real Estate Investment Trust Announces May DistributionDaily Commercial News
Toronto firm buys Lang Tannery complex for $61MWaterloo Record

all 24 news articles »

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