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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.Ý The first isÝPITI which is nothing more than an abbreviation for "principal, interest, taxes and insurance.Ý This figure represents the MONTHLY cost of the mortgage payment of principal and interest plus the monthly cost of property taxes and homeowners insurance.Ý The second term is "RATIO".Ý 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.Ý Still with me?Ý Most banks use a ratio of 28% without considering any other debts (credit cards, car payments etc.).Ý This ratio is sometimes referred to as the "front end ratio".Ý 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".ÝÝ

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.Ý 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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A Bullish Buy in Commercial Real Estate
Barron's - 2 hours ago
By TERESA RIVAS SOME INVESTORS MAY THINK that commercial real estate is a bubble waiting to pop, but a longtime director at Grubb & Ellis (ticker: GBE) has ...
Kojaian Accumulates 2 Million Shares of Grubb & Ellis (GBE) So Far ... StreetInsider.com (subscription)
all 2 news articles


Los Angeles Times

UPDATE 1-Downey to sell certain real estate assets for $110 mln
Reuters - 2 hours ago
N: Quote, Profile, Research, Stock Buzz) said it will sell certain real estate assets for $110 million as part of its agreement with regulators to enhance ...
Downey Reaches Agreement on Regulatory Consent Orders and Enhances ... MarketWatch
Regulators Tell Downey Financial To Raise Capital, Hire CEO Wall Street Journal
Downey reaches Agreement with OTS on Consent orders; To sell non ... RTT News
Los Angeles Times
all 12 news articles


Longtime Real Estate Industry Executive Bob Bill Joins HouseValues ...
MarketWatch - 12 hours ago
today announced that longtime real estate industry executive Bob Bill has joined the company as vice president and general manager of broker services. ...
Longtime Real Estate Industry Executive Bob Bill Joins HouseValues ... CNNMoney.com
Longtime Real Estate Industry Executive Bob Bill Joins HouseValues ... Trading Markets (press release)
Thomas Properties Group Adds Paul Rutter as Executive Vice ... MarketWatch
all 15 news articles


Robert Shiller on the Real Estate Crisis
U.S. News & World Report, DC - 3 hours ago
Henry Blodget has an interesting interview with Yale Professor Robert Shiller on the housing crisis. Watch the video here. Highlights are below: Home price ...


AXcess News: Taking a Byte Out of Canada's Real Estate Market
MarketWatch - 1 hour ago
RENO, NV, Sep 05, 2008 (MARKET WIRE via COMTEX) -- While the US real estate market sits in the doldrums, home sales in Canada are expected to rise 5.3 ...


Arizona Republic

Vehicle found in slaying of real-estate broker
Arizona Republic, AZ - 18 hours ago
5, 2008 12:00 AM Authorities in California on Thursday located the vehicle of a slain Phoenix real-estate broker and detained people found inside for ...
Vehicle of slain Phoenix real-estate broker found in California KSWT-TV
A prominent Jewish activist in Phoenix, Irving Shuman, 84, was ... Jewish Telegraphic Agency
Slain Phoenix broker's car found United Press International
Arizona Republic
all 21 news articles


Jury to decide whether shooting of real estate agent was murder
San Diego Union Tribune, United States - 53 minutes ago
By Ray Huard EL CAJON – A Lakeside man should be convicted of killing his real estate agent in February 2007 over a condominium deal, both a defense lawyer ...


Washington Post Real Estate editor and columnist
Washington Post, United States - 7 hours ago
Welcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty and columnist ...
Sales slip in August, but real estate market holds firm overall Canada.com
How to dump an agent Boston Globe
all 3 news articles


Real estate shake-up strengthens consumer's arm
New Zealand Herald, New Zealand - 7 hours ago
Photo / Herald on Sunday In a little over a year, house buyers and sellers ripped off by real estate agents will be able to get up to $100000 compensation. ...
New laws to hold agents accountable Waikato Times
all 2 news articles


Wall Street Journal Blogs

Longs Property Is a Wild Card
Wall Street Journal - 11 hours ago
Their potential wedge is the value of Longs' real estate. Longs' largest stakeholder, the hedge fund Advisory Research, has renewed calls for the Walnut ...
Investors question price of CVS buyout of Longs CNNMoney.com
Can Longs Make a Better Deal? RetailWire (subscription)
Longs executive says buyout likely to get OK Honolulu Star-Bulletin
MarketWatch - California Healthline
all 45 news articles

Real-Estate - Google News




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