Jack Sternberg is the creator of the renowned "Buyers First Program". As the "gurus' guru", he is well known by the professional creative real estate community as "Obi-Won Kenobi". Having been a full time investor since 1977, Mr. Sternberg has been "at" the closing table more than 1,500 times. Mr. Sternberg has the depth of experience that lend value to his associations. Contact Mr. Sternberg at www.askjacksternberg.com
Understanding Mortgage Fees In basic terms, mortgage fees are defined as charges by lenders for processing a mortgage loan, but these fees can be confusing to people since there are so many of them.So, it's important for both real estate investors and their customers to understand these charges so you know the real cost of loans and to make sure all charges are legitimate. Armed with this knowledge, you can get the best...... Similar Editorial : by Kimberly Stevens. | Source : Mortgage Lending Rates
Increase Real Estate Property Value As investors, it's vital for us to make the "highest and best use" of our properties. In a global real estate sense, this phrase is defined as the use of a property that makes it the most valuable to a buyer or the market.From the point of view of an individual investor, it means one single use will result in maximum profitability through the best and most efficient use of the property. So, it...... Similar Editorial : by Richa Sinha. | Source : Real Estate Find Home
Working With Real Estate Agents Most likely, you already know that I advocate working with Realtors® in my BuyersFirstProgram. It's the best way to achieve investment success. Of course, you should work with Realtors® who know what they're doing; otherwise, you're wasting your time as an investor (not to mention that of the buyers and sellers).In this article, I'll give you some guidelines for choosing the best Realtors® to...... Similar Editorial : by Jay Carter. | Source : Maine Real Estate Agents
Prepare Like A Pro Athlete For Real Estate Negotiations Have you ever listened to professional football announcers like John Madden? They're always talking about players they admire having great "skill sets," the ones that help them win games for their teams. Well, as a real estate investor, you have to bring a great "skill set" to the negotiation table in order to win your game.Below are some basic negotiating skills that you need to acquire or...... Similar Editorial : by Abogadoah. | Source : Maine Real Estate Agents
Slumping Real Estate Market Imagine that you've decided to reward yourself for your hard work and success, and purchase a Bentley Continental GT Speed. You walk into the showroom, perhaps take a test drive, haggle with the sales associateas much as one "haggles" for a Bentleyand within an hour or two, depending on your credit score and liquid assets, you drive away in your new car.That's a purchase of nearly $200,000 that...... Similar Editorial : by Jason Keiller. | Source : Maine Real Estate Agents
Advanced Sales Tips For Real Estate Agents During A Slow Market It no longer takes just a license and knowledge of current laws and regulations to become a successful real estate agent. Considering the condition of the current market experiencing a downturn, we can't be sure it's even hit bottom yet.The good news is, people are still buying houses and they always will. Hard work will be needed to get the job done. A Savvy Real Estate Agent can compete in...... Similar Editorial : by Jay Carter. | Source : Maine Real Estate Agents
Commercial Real Estate Due Diligence Guidelines Commercial Properties-Inspection GuidelinesWhen buying commercial properties, due diligence is even more important than it is with residential properties. That's simply because there's so much more money at stake.In the worst case, unexpected repairs and expenses can empty your pockets in the blink of an eye. At the other end of the scale, it can create a long-term and slow-motion drain on your...... Similar Editorial : by Bart Icles. | Source : Real Estate Appraisal Training
Increase Real Estate Property Value As investors, it's vital for us to make the "highest and best use" of our properties. In a global real estate sense, this phrase is defined as the use of a property that makes it the most valuable to a buyer or the market.From the point of view of an individual investor, it means one single use will result in maximum profitability through the best and most efficient use of the property. So, it...... Similar Editorial : by Richa Sinha. | Source : Real Estate Appraisal Training
Real Estate Title Holding There are several ways to hold the title to a property. Some are simple; some are complex. Each has its advantages and disadvantages, so you have to decide which one is right for you.In the first part of this article, I'll describe the most common forms of title holding and the advantages and disadvantages of each. Sole Proprietorship This is most common form of ownership.All you need is a title...... Similar Editorial : by Dan Auito. | Source : Real Estate Appraisal Training
Title Holding Of Real Estate PartnershipsAs the name suggests, partnerships consist of two or more partners who join together to acquire, operate and hold real estate. It's an effective way of pooling capital and talent. A key feature of a real estate partnership is that the investors don't actually have the title or ownership directly in acquired properties. Instead, they own a partnership interest.Partnerships usually take...... Similar Editorial : by Adrian Richards MBBS, MSc, FRCS (Plast). | Source : Real Estate Appraisal Training
Real Estate Title Holding Advice CorporationsCorporations are a legal entity owned one or more shareholders. They can be private or public like Ford, Microsoft, Federal Express, etc.As a real estate investor, you can create your own private or closely held corporation by filing articles of incorporation and bylaws with the appropriate state agency.Requirements for incorporation will vary from state to state.The primary advantage ...... Similar Editorial : by Joel Teo. | Source : Real Estate Appraisal Training
The Real Estate Short Sale- How It Works If real estate investing is new to you then you might wonder what the term "short sale" means. You might also be thinking, in a market that exists today, what short sales could offer you in the way of opportunities.The best way to describe short sales is with an illustration:The loan on a home is greater than the price the owner can sell it for. Let's assume that the unpaid balance of the loan is...... Similar Editorial : by Andrew Stratton. | Source : Real Estate Appraisal Training
The Vital Topic Of Liens In Real Estate A lien is defined as a claim against a property for repayment of a loan or other judgments.This sounds like a very boring topic, but it's one of vital interest to you as an investor. This is because of one very important fact--a lien affects the ability to transfer ownership of a property!Believe me, it gets very exciting (and unpleasant) when a lien pops up and causes a very profitable deal to...... Similar Editorial : by Lisa Dinis. | Source : Real Estate Appraisal Training
Annual Percentage Rate In Real Estate The annual percentage rate (APR) gives you the yearly cost of a mortgage in the form of a percentage. The rate calculations include interest, mortgage insurance, and the origination fee (points).The APR has two main purposes.1. it allows borrowers to compare loan programs from different lenders so they can see which program is the cheapest.2. It creates a "level playing field" for lenders. And,...... Similar Editorial : by Dan Auito. | Source : Real Estate Appraisal Training
How To Sell Todays Real Estate Market If you have a property you own and can't sell, you're probably wondering what your choices are. A rent-to-own may be a viable option.Creating a rent-to-own scenario is very simple. Take for instance the property you own. Find a buyer to lease it for a designated period of time and give them the option to buy that property when they come to the end of that time period. This strategy may also be...... Similar Editorial : by Jason Keiller. | Source : Real Estate Appraisal Training
Working With Real Estate Agents A Realtor? who considers you a reliable and honest investor will bring you deals that never show up on the MLS listings or in the newspapers!Key Point Choose full-time Realtors? with great reputatio...... Similar Editorial : Which Dvd To Use by Gregg Hall. | Source : Property Agents Pg. 7
