Essential Tips on Buying Property

Buying property is the biggest financial commitment of our lives. With inventory diminishing daily and multiple offers being extremely common, it is of great importance that you position yourself to have the “Best Chance” to get your offer accepted. You enhance your chance of buying property of your choice by doing the following: Get pre-approved for the purchase. This takes very little time and is of great value. At this time, identify the price range for which you qualify and which fits your lifestyle. Submit a strong competitive offer. Submit the offer as if there will be multiple offers. Include substantial earnest money deposit. Acceptance of an offer is sometimes determined by the amount of the deposit. A larger amount …

Tips on Home Buying and Selling

Home buying and selling is a very fast paced industry, a house can sell in an hour, or even in minutes. Real estate buying and selling is also a very hard job, but with the right tips on your book you will be able to outwit and win good deals. So here are some good tips on how to sell good and buy the best home. Just remember all of this and surely you will be able to sell at the right price and land on your dream home. If you are a buyer then you should take these things into consideration. Before you start working with a bank, mortgage banker, mortgage broker or credit union; get as much information …

How to Estimate the Market Value of a Property

Often people fail to make a profit from property investment when they do not understand the true market value of their chosen property, both in terms of resale and rental income. Investors hoping to purchase a run-down home or off-plan development and sell it on at profit when the work is complete; a practice known as flipping, are often caught out by over-inflated prices or under-estimated renovation costs. On the other hand, buy-to-let investors can be seduced by suggestions of high rental values and then disappointed when these do not materialise. Whether you’re planning to flip a property or buying-to-let, it is important to ensure that you do not pay over the odds, as money saved on the purchase price …

How to Build a Profitable Property Portfolio

As more and more of us look for better ways to secure our financial future than investing into stocks and shares or relying on our government to provide for us in our old age, so interest in purchasing property as an investment asset is increasing. After all rarely do careful investments made into real estate lose a purchaser money, whereas all too often investments made into pensions companies or on the stock market fail to come to fruition – is it any wonder therefore that more people want to know how to build a profitable property portfolio? Here are ten top tips that expert property investors abide by when looking for property that they can do up and resell or …

Foreign Buyers Providing some Relief to the Housing Market

Economic news around the country has certainly appeared to be dim in the last few months. As if the housing crisis was not enough, now it appears that the country is in the midst of a recession. The dollar has weakened and many consumers find themselves wondering whether relief is in sight. Quite surprisingly, these problems may actually provide some encouragement for foreign investors to rally the housing market. One of the reasons that many homeowners are finding it difficult to sell their homes is the fact that many would-be buyers either cannot afford the prices or they cannot qualify for mortgage loans. As a result, they have found they have little choice but to continue to rent and wait …

Find A Real Estate Agent

It’s easy to find a real estate agent. Just put a for sale sign in the yard and wait for the phone to ring. The question is, how do you find a GOOD real estate agent? You can start with newspaper. Pick up the Saturday or Sunday paper – whichever day they have all the homes for sale in your area. You can also collect a few real estate guides to look through. Browse the listings to find properties similar to yours. If you are selling a cabin, you want to look for cabins for sale. If you are selling a lakefront mansion, look for those. When you find similar properties, note the names and numbers of the agents that …

A Quick Guide To A Quick House Sale

Need to sell your house quickly? Put off by the thought of estate agents and viewers tramping through your home? Follow this quick guide to selling your home fast. There is an alternative to the traditional route when it comes to selling your home. You can use one of the many specialist companies that offer to buy your house so that you’re not at the mercy of a chain, or paying huge fees to agents and solicitors. Here are the steps you need to follow: 1. Decide how quickly you need to sell your home Most quick sale companies can complete the purchase of your house within just four weeks. If you need to sell sooner than that, just say …