Mortgage Cycling Secrets Revealed Have you heard about mortgage cycling? Maybe you've seen the ads for books on this "secret technique" for paying off your mortgage sooner. Is there some useful information in them? Yes, especially if you are not familiar with the basic premise that you can pay extra principle every year and you'll pay off the loan sooner and save thousands on interest.Mortgage cycling is dressed up as a "new"...... Similar Editorial : by John Brady. | Source : Mortgages Refinancing
Real Estate Partners Advice We were looking for real estate partners because we were new to the Tucson area. We found that two identical houses here can be $50,000 apart in price if they are three blocks apart. Also, the styles are different from anything we had in Michigan, so it would be good to have some help figuring value and what buyers want.At the Arizona Real Estate Investors Association meeting I announced that we...... Similar Editorial : by Dan Auito. | Source : Michigan Real Estate License
Is Your Real Estate Agent A Spy? The real estate agent, unless specifically contracted as a buyer's agent, is working for the seller. Buyers usually know this, but they don't think it matters, as long as the agent is helpful. While true to an extent, buyers don't realize that an agent has a real legal responsibility to, and loyalty to the best interests of the seller. It is referred to as a fiduciary responsibility, but what does...... Similar Editorial : by Dave Peniuk. | Source : Michigan Real Estate License
Real Estate Financing - Ten Ways Do you remember when real estate financing meant you saved up enough to put 20% down on a house, and then you got a mortgage loan for the other 80%? Well, you can still do that, but there are many more options now. Here are ten of them.1. Gifting programs. In some parts of the country, builders fund foundations that give you a portion of the downpayment, so you can get into a home with as little...... Similar Editorial : by Dan Auito. | Source : Michigan Real Estate License
Real Estate Negotiation - Time Power One of the crucial elements of real estate negotiation is time. Understand and master the use of time, and you can buy a home for thousands less. Here is one of the most important aspects of time:Deadlines In Real Estate NegotiationTime is of the essence. It even says as much on most real estate contracts. What does this mean? It means that whoever controls or understands the elements of time has...... Similar Editorial : by Dan Auito. | Source : Michigan Real Estate License
Real Estate Math - Do You Know These Simple Formulas? How much real estate math do you need to know if you are investing in real estate? There are computers and calculators for calculating interest rates or amortizing loans. What you need to know is a few simple formulas for determining if a property is a good investment or not.The Real Estate Math You Don't NeedThe gross rent multiplier is one formula you don't need. I bring it up because people are...... Similar Editorial : by Dan Auito. | Source : Michigan Real Estate License
Real Estate Negotiation - Seller Motivation One of the most important principles of real estate negotiation is to learn why the seller is selling. More than that though, you want to try to learn the seller's motivations for every aspect of the process. In other words, learn not just why he wants to sell, but also why he wants to sell a particular way, why he wants the price he is asking, what's important to him when making decisions, and...... Similar Editorial : by Dan Auito. | Source : Michigan Real Estate License
Creative Real Estate Financing This is the age of creative real estate financing. Maybe you remember when financing meant you saved up enough to put 20% down on a house, and then got a mortgage loan for the other 80%? You can still do that, but there are many more options now. Here are ten of them. 1. Second mortgage loans from sellers. Many banks will allow you to have as little as 5% into a home purchase, but will then...... Similar Editorial : by Dan Auito. | Source : Michigan Real Estate License
FSBO Real Estate - Your Next Home? Buying FSBO real estate, or houses for sale by owner, has its own particular problems and opportunities. Dealing with an uninformed seller who thought he knew enough to handle everything by himself can be frustrating, but it can also be very profitable if you are prepared. First you need to understand the FSBO seller.People try to sell a house on their own for one primary reason: To save the sales...... Similar Editorial : by Dan Auito. | Source : Michigan Real Estate License
How To Figure Real Estate Value What is real estate value? It isn't what you have into your house. It isn't what you feel it is worth. It is what the market will pay. How do you figure out what the market will pay? For single family homes, the best way is by seeing what similar homes have sold for. Figuring replacement cost isn't very useful. It's difficult to say what land is worth in a city center where none is left for sale,...... Similar Editorial : by Dan Auito. | Source : Georgia Real Estate Rental
Your Real Estate Agent The real estate agent, unless specifically contracted as a buyer's agent, is working for the seller. Buyers usually know this, but they don't think it matters, as long as the agent is helpful. While true to an extent, buyers don't realize that an agent has a real legal responsibility to, and loyalty to the best interests of the seller. It is referred to as a fiduciary responsibility, but what does...... Similar Editorial : by SarahC. | Source : Georgia Real Estate Rental
Making Money In Real Estate - 10 Ways Making money in real estate is an endless topic that includes all the various types of real estate investments. There is land, apartment buildings, homes, commercial buildings and more. Whatever the type however, you'll make your profits in some of the basic ways listed below. Use this list to get yourself thinking of the possibilities.1. Appreciation. Making money in real estate can be as simple...... Similar Editorial : by Sopan Greene. | Source : Georgia Real Estate Rental
Making Money In Real Estate Making money in real estate is an endless topic that includes all the various types of real estate investments. There is land, apartment buildings, homes, commercial buildings and more. Whatever the type however, you'll make your profits in some of the basic ways listed below. Use this list to get yourself thinking of the possibilities.1. Appreciation. Making money in real estate can be as simple...... Similar Editorial : by Sopan Greene. | Source : Georgia Real Estate Rental
Real Estate Research By Talking Real estate research might start with a look at the U.S. Census information about a town. It can include inspections of specific properties, too. There are many statical tools and information that can help, but don't forget one of the easiest and most useful research tools: talking. Let me explain with a true story.My wife and I were on vacation, and stopped in Farmington, New Mexico for a few...... Similar Editorial : by Dan Auito. | Source : Georgia Real Estate Rental
Real Estate Appraisal - Do It Yourself For single family homes, there are two basic methods used in real estate appraisal. They are replacement cost analysis, and using comparable sales. A third appraisal method, based on capitalization, is used for income properties, and is covered in another article.In figuring replacement cost the question is: What would it cost to buy this land and put this house on it? If the land (improved) would...... Similar Editorial : by Dan Auito. | Source : Georgia Real Estate Rental
