Posts Tagged ‘Real Estate’

ADP Estimates US Companies Cut Payrolls by 473000 www.bloomberg.com Unemployment www.bloomberg.com U6 Unemployment 16.8 www.bls.gov US May Factory Orders Rise Most Since June 2008 www.bloomberg.com The New Homeowner Hallucination: “We’ll Rent For A Year And Then Sell When The Market Comes Back” www.businessinsider.com Air France plane crashed intact – report www.cnn.com Commentary: Let’s end disposable marriage www.cnn.com

www.goldsilverdvd.com On our last day in Singapore we checked out the Singapore Flyer…the world’s largest ferris wheel. The view was mindblowing and Mike had a great time counting the construction cranes. Just amazing, there are buildings going up as far as the eye can see. Is Singapore the next Dubai? Some interesting thoughts in here from Mike, how do you feel about what he has to say? Music can be found at http please check his stuff out it’s great. Peace, Dan

inflation.us Sign Up Today! Minimum Rents in Ca are still very high for single family homes starting at $1500 in most areas. Banks and Gov’t Policy cause Fo Inflation in housing ca bidding wars. For existing home owners underwater 100k or more the long term solution looks like “walking away” from the obligation to pay a mortgage. Companies begin to aggressively attack market share. What cultural impacts will we see from the disappearance of the teen job market. For More Real Estate Info Contact: Mike Bushnell All Nations Realty & Investments michael.bushnell@verizon.net

Harry Dent on the upcoming Depression and why Oil is going to explode. This is part 1 of his intro. www.WealthSummitLive.com He will also talk about Obama and his finance advisors at the Wealth Summit live event in Orlando Florida. Harry speaks at numbers events including Tony Robbins Platinum Partnership. Here is what you will learn from Harry: * You will learn what the next great economy downturn will be, and how to prepare for it * You will learn which countries are going to go in recession and which countries are going to boom. * Which industries or sectors are going down next and which ones will start to Roar. * Which sectors to place your investment cash right now. * You will learn exactly how Harry can accurately predict what is happening to the economy and based on his research he saw this coming 5 years ago. * What is predicted to happen in the next 5 or 10 years, and how you and your family can profit from it * How to inoculate yourself against tomorrows worst, and position yourself to take advantage of changing conditions. * Learn what is the best way for me to protect yourself against a falling dollar * Learn will happen with oil prices and how can you prepare on a personal level * Learn when is a good time for me as an investor or new home owner to reenter the marketplace. * Learn where is the best place for investors to focus to make money in this environment * There will be an extensive Q & A with Harry to answer your personal questions.

Walfre Mazatlan Real Estate invites you to view the exclusive listings of this video. They include images, prices and description of these properties (homes and condos) for sale. Golf course, ocean view and marina. For more information visit www.walfre.com.mx or contact us at email@walfre.com.mx

In this video flipping homes expert Steve Cook begins a walk through of one of his latest “full cosmetic rehab” projects, detailing his investment strategy, estimated rehab costs and expected profit.

A really nice consequence of using foreclosure listings is that you are able to find a wide range of different properties. These days, some of the best homes out there are hitting the market in foreclosure.

Why is this the case? It happened because people took out mortgages that were too large in order to pay for these nice homes. Now they are defaulting on those loans, so you are the person who can benefit from it the most. If you know where to look, and much more importantly when to look, you can find anything from family homes to simple townhouses in your area.

Hector Milla Editor of the “Foreclosure Listings Free” website — http://www.ForeclosureListingsFree.biz — pointed out;

“…How do you locate these homes, though? How do you go about picking out the finest possible purchase properties on the market? It is not possible to monitor the foreclosed home market on your own, because there is plenty of competition. By the time you find a deal and you are ready to make a move, there’s a good chance someone will have beat you to the punch. This is not the case when you use the free advanced foreclosure listings out there, though. Many people are taking listings services up on a free one-week offer so that they can find different types of properties. Whether it’s a family home or a townhouse you need, using the listings is the way to get the job done…”

Timing is everything when looking at this part of the real estate industry. In the past, you didn’t have to be quick because very few people were privy to information on the foreclosure market. These days, everyone knows that there are good deals to be had, so they are keeping an eye out for them. Your new advantage is getting the information sooner than everyone else. Good listings are updated at least once per day, with the best properties from your area and across the country. That way, you get first dibs on low prices before anyone else even notices.

“…If you are serious about finding good deals, then a free week of the listings makes sense. Even if you keep the service and have to pay a few bucks each month, it will still work out for you in the end. As people have already found out, saving thousands of dollars on a home purchase is the best way to make you forget about the few bucks spent on listings…” added H. Milla.

Further information and resources to get free home foreclosure listings by visiting http://www.ForeclosureListingsFree.biz

inflation.us Real Estate Update from the coachella valley

It seems that when property buyers from all accross Northern Europe choose to buy a property in Spain, almost a quarter of them used to decide to buy in the Autonomous Region of Valencia.

But that seems to have changed recently as foreigners are leaving the Valencian market in droves, according to a recent article on Levante-emv.com.  The article shows that new figures from the Valencian College of Notaries (a service one must use to transfer deeds) home sales to non-residents plummeted by 44% in 2009, whilst sales by foreigners leaving the Valencian region accended by 45%.

To surmise; last year there 4,291 foreign vendors, compared to 2,939 the year before and 5,631 foreign buyers compared to 10,040 the year before.  

Remember that there are a lot of properties on the market that may not have sold so they wouldn’t have entered in the College of Notaries figures.  Spain as a whole dropped 21% last year.  This obviously affects the Valencian region more than any other and could in part be due to bad press concerning Valencian property laws where they can appropriate ones property or part of one’s property to build urbanisations or multi-dwellings.  Understandable that people are reticent to invest in the area of Valencia.

This all bodes well for Marbella and Costa del Sol Properties where, although property sales have dropped in numbers, there is now a slow increase as foreign investors are purchasing bargain properties at hugely discounted rates.  Real Estate in Marbella is one of the only geographical areas to not drop as much as the rest of Spain.  You still can find quality bargains however in the nicest, most accesible area on the Costa del Sol.

The time to invest some money is now.

For more information please visit:

propertypointmarbella.com

Easy to figure this one out.

How do HomeGain, Realtor.com, Service Magic and other companies like this make money? These companies are called lead generation companies. They spend vast amounts of money advertising on TV, the Internet, radio, and in print so that you’ll go to their website to find information about real estate. When you click on a property and request information the company then either sells the lead at a fee ranging from $20-$50 for an unqualified lead or up to a 35% referral fee for leads that are more valuable.
What does the company do for the fee charged? The answer might be pretty surprising. They don’t do anything, but forward the lead to a service provider. Yep, that’s right. You can search the MLS on any number of free websites so the website they provide is little more than a mechanism to get your information. Some people think agents, contractors, or other service providers are overpaid for what they do. Take a look at these companies and ask yourself if forwarding an email is worth $1500 (That’s the commission split they would receive on the sale of a $150,000 home.).
Who pays the fees that these companies charge? For the most part, the Realtor, mortgage broker or other service provider pays for these leads. The laws of business provide that you can’t get something for nothing. This is very true. So by adding no value to the transaction and taking up to 35% of the payment for service, the middle-man is taking value from both the consumer and the service provider.
Why is this bad for consumers? In real estate like many other service industries, the best Realtors obtain their business through referrals. The weaker, newer, less experienced agents typically buy leads from sources such as these. The next time you visit a site like these lead generators, think twice about giving them your information and go directly to the source. You’ll cut out the middle-man and get a better agent for your hard earned dollar.

Questions Which Reduce the Price

If you want to reduce a price, you can start by asking an incompetent agent just four questions.

1. “Why are they asking this price?”

You don’t have to say anything else. This question immediately puts the agent in the position of having to defend the price. And, if the agent is concerned about the price – as most of them are – you will often be given a reduction. The response is likely to be, ” Well, it’s a bit high, I know. But they will listen to offers.”

You can use this question for any product. It doesn’t have to be real estate. No matter what you want to buy, you can ask the reason for the price. It works in dress shops, it works in hotels, it works everywhere. All you say is, ” Why are you asking this price?”. And, if there is any chance of a reduction, you will get it.

Incompetent agents assume that a question about the price means the price is too high. As most agents want to lower the price to make a sale, they will admit that the price is high. They will try to get it cheaper for you. They won’t realize that you may buy at the price being asked. Buyers often say the reason they didn’t pay more for a home is that “the agent didn’t ask for more.”

So, when being asked with this question, the best agents answer this question by saying: “They are asking this price because…..[points out the positive features - location, condition and so on].” End of answer.

2. “Why are they selling?”

This is where incompetent agents reveal the sellers’ confidential reason for selling especially when the reason is not in the seller favor. The answer will be something like, ” Oh, they are getting divorced,” or “They are in a bit of financial difficulty,” or “They have bought something else and they need to sell this to pay for the other place.” It most defies belief that a professional person could reveal such details. When you know that the sellers are forced to sell, who can blame you for offering a lower price?

The best agents answer this question by saying: “They are selling for personal reasons but I know they are serious.” End of answer. This eliminates the dilemma the agent could be facing in upholding his fiduciary duty while at the same time being truthful without lying. Of course, if the actual situation is good for instance, like the owner is upgrading and need a bigger place, relocating to be near parents or school or migrating, then it’s fine to say.

3. “How long has it been For Sale?”

The longer a home has been for sale, the more likely it is to sell for a lower price. The perception is that the owners will be getting desperate and will accept a lower offer. Often this is true. The incompetent agent will answer this question by saying something like, “Oh, it’s been on the market for a while but they will listen to offers now.” The seller is again vulnerable to a low offer.

The best agents will answer this question by saying, “It has been for sale for six weeks (or however long) but we don’t expect it to be for sale much longer.” The seller is protected.

4. “What will they take?”

This is where the incompetent agents can really cost the sellers thousands or even hundred of thousands. Their answers to this question can be incredibly negligent. Assume the home is priced at S$2,500,000/- One of the common responses goes something like this: “Oh, they did have an offer of S$2,350,000/- which they accepted, but the buyer found something else, so I know you can get it for S$2,350,000/-”. If the home is what you want and you can afford S$2,500,000/- , the agent has just handed you at least S$150,000/- of the sellers’ money. Incompetent agents always reveal sellers’ lowest price in response to the “What will they take?” question.

The best agents will answer this question by saying: “Well, I know they will take the asking price. Did you want to buy it?”

These four questions show how incompetent agents under-sell homes.

For more info log on to search Singapore property, Singapore property search

2009 debut full-length album from New Jersey quartet. Real Estate play sun-streaked Psych/Indie Pop reminiscent of The Feelies, Yo La Tengo and other like-minded outfits. Guitarist Matt Mondanile also plays in Ducktails and Predator Vision Label: Woodsist/Revolver THIS IS A RECENT RELEASE. PLEASE SUPPORT THE ARTIST. ALBUM AVAILABLE NOW: www.amazon.com

An economics presentation at Humboldt State University. Special guest lecturer Dr. Christopher Thornberg of Beacon Economics discusses the current housing bubble and its effects on California.

CENTURY 21 Crest Real Estate & Colleen McMahon Marketing Riverview at Wallington Starting prices at $359900 Bergen Counties Best Priced for New Construction