Real Estate

How are Banksters doing lately with all that Frozen Assets in RealEstate?

admin — Tue, 09 Mar 2010 13:21:08 +0000

Local and State and Federal tax plus lawn care and maintanance must be taking its toll. The cold weather makes it harder to take care of abandon property in particular since the pipes can break if left unchecked.

They are sitting on them until the market really improve. See what happened to Silverado S&L back in the 1990’s. In the late 90’s, the assets were sold for a huge profit.

DTG

how to become a realestate agent?

admin — Fri, 05 Mar 2010 17:19:19 +0000

I want to become a real estate agent, but I am a little confused here on how to start. Should I start taking the Realestate course, or anything else I need to do before that? Can anyone help please?

Obviously, you start by taking the real estate courses.

But before, get prepared by making a list or people you know who are likely to buy or sell homes in the near future (within the next five years, by concentrating on those who will do so in the next year). If you can’t find at least 100 distinct places, then don’t bother.

can you get out of a HOA if it wasn’t known by realestate when contract was drawn? found by title search?

admin — Thu, 25 Feb 2010 17:27:28 +0000

we are under contract to buy a house. When realestate showed house it says no HOA’s on flyer and agent said there wasn’t any. when title search was done it was found,but the hoa it’s listed doesn’t have it on their paper agent said. can we get removed from the hoa. we really want the house but not HOA

HOAs are pretty powerful, I doubt you can op out.

However if you still have not bought the house you most likely can get out of the contract and get your deposit ot earnest money back.

how can i run a realestate website successfully?

admin — Fri, 19 Feb 2010 20:18:38 +0000

real estate for selling and buying properties.. i have started a website www.keralarealmarket.com , now i want to have more traffic into that web page and i expect income from both advertisements and brokerage for selling and buying of properties by our clients. how can i run the site successfully?

I have no idea where you are located, as the place names are unfamiliar to me.

However, there are a few things that are important for a real estate website:

1. Provide the opportunity for website visitors to find properties they are interested in. I visited your site and it seems that you are already doing this. However, if it is possible to provide photos, this would be an enhancement. Website visitors like to see photos of properties. And make the photos descriptive and pretty.

2. I’m not sure what percentage of people where you are look at the internet for real estate, but if you want to get your website on the first page of results for your area, look into Pay per click or sponsored advertising. To get in natural results takes time, at least 6 months or even longer. Study Search Engine Optimization (SEO) so that you can make your website search engine friendly as well. Also use your domain name in your advertising (in the newspaper or elsewhere) so that before your website shows up in search engine results, people begin to become aware of your website.

3. Provide a sign in sheet for website visitors to request more information. This is essential so that you can capture contacts and follow up with them. And do follow up. Create a dialogue the same as you would in person. Many people who visit websites for real estate in the US are "just looking". Thus make your sign in sheet voluntary to avoid a lot of fake email addresses and contact information. If your sign in sheet is voluntary, you can interpret visitor sign ins as possibly being "almost" ready to purchase. Sometimes you have to follow up with people for a long time before they are ready to purchase.

4. Create a newsletter or something with good information about real estate in general or in your area that you can send to your contacts each month. For those who are not yet ready to purchase, this will remind them of you so when they are ready, they will contact you (hopefully).

Getting real estate business for the internet is a tricky thing. The most important thing is to give people the information they want, follow up quickly and keep in touch with the people who do sign in at your website.

Good luck.

Where can I find a reliable timeshare realestate broker who will sell our time share without upfront fees?

admin — Wed, 17 Feb 2010 22:14:12 +0000

To resale or rent a timeshare is a hard task, the basic rule is not to pay money up-front, don’t be another victim of a scam.

Unfortunately over 50% of people that really need to sell their timeshare falls for this resale scams where they charge money upfront and less than 10% of them use their only real option which is to post it or offer it trough free advertising options as much, and as many sites as they can (it is ok to pay a few dollars to post in a great place but no more that $20 to $30).

Timeshares do not have resale value and in most situations you would take a loss in what you paid for, as they resale for less than $2000 USD.

There are some free classified ads where you can start posting:

http://timeshareownerscommunity.com/
http://craigslist.com
http://ebay.com
http://recycler.com/
http://usfreeads.com/
http://www.inetgiant.com/

Is having termites a valid reason to back out of a contract when buying a house?

admin — Wed, 17 Feb 2010 22:13:24 +0000

My realestate agent says the termites are not a "major defect".

You’re real estate agent’s lying to you. They just want their commission. Look, here in California it’s the law that the house must have a termite inspection before the close of escrow. Also, the seller is responsible for making all repairs. Don’t get suckered into buying something that’s not livable.
.

How much am I supposed to pay the realestate agent in commission?

admin — Wed, 17 Feb 2010 22:13:08 +0000

If I am selling a house for $35,000 and the buyer is getting a loan for $10,000 more ($45,000), which number should the agent commission fee be based off of? the $35k or $50k?

It may sound silly, but what regulation would I find this information? When I go back to the agent, I will need to site a good source. Saying I got it off "yahoo answers" doesn’t sound that good.
The commission is 6%, I am asking what the 6 % is based off, it seems the sale price.

The real estate agent gets the commission off the price of the house, not the size of the loan. If the buyer had a substantial amount of cash on hand to use as a down payment and borrowed $10,000 less than the price of the house I assure you the real estate agent would ask for the commission on the price of the house not the size of the loan. They can’t have it both ways.

So for how much will the American political realestate be going for?

admin — Mon, 15 Feb 2010 22:17:49 +0000

Now that corporations have unlimited access to influencing government, how long before china, Saudi Arabia, Russia, and EU pipeline their agendas through the corporations, of their prospective countries.

a) 1 years (congress)
b) 3 years (presidency and congress)
c) 5 years (congress )
d) 8 years (presidency and congress)
e) ?

By the way, you can thank republicans for putting America up for sale to the international community. America will now be expected to tap dance to the tone of the highest bitter. Now it is officially a whore.

Get ready people, because the New World Order is upon us. And republicans have put them on the drivers seat.

We used to have statesmen,
then they became politicians,
now they will become prostitutes.

I am predicting $6 million for a representative, and $8 million for a senator.

Governors will go relatively cheaply, at anywhere from $2-5 million.

"Hi texas, this is your new representative…sponsored by exxon…"

is this house worth 84,000?

admin — Mon, 15 Feb 2010 22:17:35 +0000

it was built in 1910 it’s three beds,large kitchen,dinning room,den,living room and house stable it’s really cool http://realestate.timesrecordnews.com/realestate/Sales/Listing.asp?lid=392-96530 here a pic of the house

I would ask the listing agent to supply you sales comps, the home looks lovely but its always location, location, location,.

The reference to Zillow was good, however I have seen the numbers way off.

Ask the agent, how long has the home been on the market? How did the seller or agent determine price?

This will give you better insight.

This is a prime example at that price and today interest rate, its cheaper to own both in the short and long term

Best to you.

PS I like Texas and Louisiana

As anyone used the john Alexander 14days riches in real estate book?

admin — Mon, 15 Feb 2010 22:17:30 +0000

l watched the program on tv and he souned pretty good but am not really sure if what him and his student said are really true. cos they all testified to buying realestate with no money down. is that real or is it a scam.

sweetie, have you been living under a rock? pick up the business journal, or read any news, or watch any financial report. the market is dead and people are bankrupt for doing EXACTLY what the book urges.