KNOW YOUR PURCHASE AREA....
Preview:Criteria for Investigating Potential Purchasing Areas
Investigating the Criteria below whenever you want to invest in any given area or market is critical to your success.
Property values are largely determined by using the following criteria. If you are not familiar with the facts, statistics, and trends in a given area, then you may end up buying a home that can turn into a liability down the road when you are ready to sell.
Many investors make the mistake of only doing this research when they first enter a market. However, this process should become routine for each and every... continue reading >>
Position & Negotiate
Preview:Sell Your Position and Negotiate Tuesday, February 26, 2008 @ 11:33 AM EST
Contributed by: Steve Steadele
People ask me all the time what it takes to be a successful real estate investor. The truth is real estate investing is just like anything else. The skills, the knowledge, the how-to’s, the what ifs – they can all be learned. I don’t believe any single ground breaking, wallet filling, super unknown secret exists. It’s a mixture of several ingredients. In this article, I want to share one of the most important components to getting what you want... continue reading >>
Preview:Homes in Bubble Regions Remain Wildly Overvalued by Brett Arends
Friday, February 15, 2008provided by
If you own a home in a former bubble region like California or southern Florida, there's bad news… and really bad news.
And they suggest that it is still way too early to go bargain hunting in these markets, although -- of course -- there is always the occasional deal around.
The bad news is fresh market data published Monday night by real-estate Web site Zillow.com. They show prices, as expected, kept slumping through the end of last year.
But the really bad news is... continue reading >>
What You Need To Know About Bank Foreclosures
***repost by RIYAHSDREAM12***
Each year thousands of families find they can't keep up with their mortgage payments. It can be for a variety of reasons such as too much debt, losing a job, illness, or even divorce. Regardless of the reason, bank foreclosures occur when the buyer of the home doesn't keep up with the terms of the repayment schedule.
Some people don't feel right buying a home that has been foreclosed on. They believe it will be bad luck or that it is disrespectful to the family that lived there and their circumstances surrounding losing the home. While... continue reading >>
Flipping Houses - Is the Party Over?
Preview:Flipping Houses - Is the Party Over? by Steve Houlihan ***Repost by RiyahsDream12****
When your cab driver starts telling you about how much money he made with his last house flip, it's time to get a little concerned. When this is combined with increasing weakness in the U.S. property market, it is time to have serious misgivings about trying to flip a house yourself. But does this spell the end for the practice of buying a property, doing a quick makeover and putting it straight back on the market?
For most people, the answer is "yes". Despite the... continue reading >>