| |
| |
|
Real Estate Information |
|
|
18 Easy Steps to Buy a Bargain House
What is a "distressed" property? What is "bargain" real estate? A distressed property is one with a distressed seller. Job loss or transfer, divorce, death, pending foreclosure, and lack of money cause sellers to sell fast for less. Discovering the seller's problem and finding a solution is the key to buying a bargain property. A distressed property may also be a "doghouse," a dump, or a fixer. Owners of "doghouses" are not always distressed sellers. 18 Easy Steps to Buy a Bargain House 1. Get good advice from successful investors. Ask friends and real estate agents for referrals to investors. 2. Create your personal "Investment Journal," like Doghouse to Dollars Workbook: Turn Yucks into Bucks Investor's Guide. 3. Define investment goals: Do you want to buy a home to live in, to fix and sell, or to hold for your future? 4. Get credit reports & scores. Create a file for each credit reporting agency. Take care of any credit issues. 5. Read Real Estate investing books and articles. Attend workshops and seminars. Avoid out of date infomercials on TV. 6. Get good advice from lenders. Choose a lender with great service, good closing record, and fair costs. Arrange financing. 7. Define your target locations: Is your desired property near home or job, vacation or second home? 8. Learn your target market. Study real estate newspaper sections. Pick up homes for sale flyers. Watch sales and note prices, amenities, and conditions. Follow HUD sales in your area. 9. Interview Real Estate agents and learn from them. Do not sign any agreements with agents limiting your search for bargain property. (These contracts make you pay the agent a commission even if you purchase by owner.) 10. Use agents who know local market customs and guarantee to make many offers for you. 11. Find a good escrow officer for buying "for sale by owners." 12. Study home remodeling, design magazines and books. Learn the costs of materials, supplies, and trades. Visit home improvement warehouses. Note costs of building materials. 13. Be ready to know a bargain property when you see it. 14. Make many offers. Bid on HUD repos. 15. Buy only bargain property. Get great terms or concessions from seller. 16. Plan house transformation during escrow. This speeds your work time -- saving you money in holding expenses. 17. Monitor real estate escrow closing. Do not jeopardize your financing by charging up credit cards or making unnecessary purchases. 18. Celebrate buying your "doghouse" with an open house! (c) Copyright 2004, Jeanette J. Fisher. All rights reserved. Professor Jeanette Fisher, author of Doghouse to Dollhouse for Dollars, Joy to the Home, and other books teaches Real Estate Investing and Design Psychology. For more articles, tips, reports, newsletters, and sales flyer template, see http://www.doghousetodollhousefordollars.com/pages/5/index.htm
MORE RESOURCES: My real-estate agent wants me to spend $8,000 on a new driveway. Will that really help sell my house? MarketWatch Real Estate Transactions, Oct. 13 edition Hopkinton Independent Finding the top-selling real estate agent in your suburb just got easier Crain's Chicago Business Real Estate Law Update 2025 Illinois State Bar Association Real Estate Stock Performance Yahoo Finance The New York City Office Market Is Roaring Back, and It’s Pricier Than Ever The Wall Street Journal This $2.3 million Urbandale home features indoor basketball court, rock-climbing wall The Des Moines Register Unlisted Expands Network of Real Estate Professionals with Michael Chiffone of East Coast Capital Reuters EarthTalk - Has global warming already affected U.S. real estate values? Kiowa County Press Chester County Leadership: Jeff Bierlein, Director of Commercial Real Estate Banking, S&T Bank VISTA.Today How to break free from your phone in real estate Inman Real Estate News Short interest across S&P 500 real estate stocks decrease in September (XLRE:NYSEARCA) Seeking Alpha Investigation: Inside Russia's real estate theft scheme The Counteroffensive with Tim Mak Think like Einstein: 5 tips for unlocking your real estate genius Inman Real Estate News What robot umpires teach real estate agents about their jobs Inman Real Estate News Affluenz Magazine Celebrates 50 Women Transforming Real Estate in Africa and the Middle East markets.businessinsider.com How Is CBRE Improving Water Efficiency In Real Estate? Sustainability Magazine Pinellas Beaches Real Estate Oct. 6-10 The Gabber Newspaper 90-unit condo plan, rejected once by Marlborough City Council, gets new hearing MetroWest Daily News Real Estate: Apartments for Rent in Huntington Huntington Now Flagship Communities Real Estate Investment Trust To Host Conference Call For Third Quarter 2025 Results GlobeNewswire Sponsored Content: Navigate holiday home sales with expert tips The Chaffee County Times Happy Belly Food Group Announces New Franchise Agreement and Real Estate Secured for Heal Wellness in Airdrie, Alberta Yahoo Finance Lyle Stern on Miami Beach’s past, present and ever-changing story The Business Journals How Three Real-Estate Moguls Ended the War in Gaza The Free Press The risks and rewards of AI in commercial real estate Rochester Business Journal The number of millionaire households in Las Vegas has tripled since 2019, top broker says Las Vegas Review-Journal PGIM’s real estate business and Pithos self-storage JV expands into Spain Institutional Real Estate, Inc. REAL ESTATE | New location for Cho’s Martial Arts in West Bend, WI Washington County Insider Florida’s Housing Market Feels the Pinch of the Govt. Shutdown as NFIP Stalls Norada Real Estate Investments Commercial Real Estate Roundup for Oct. 10, 2025 Idaho Business Review PGIM Real Estate and Pithos expand self-storage venture to Spain IPE Real Assets Oct. 7-10 Gulfport Real Estate Sales The Gabber Newspaper Today's Mortgage Rates – October 14, 2025: Rates Fluctuate Offering Mixed Signals for Buyers Norada Real Estate Investments West Palm Beach tent site project in question, and is the city the 'New Wall Street?' The Palm Beach Post 'We are back.' Hoffmanns announce purchase of more real estate on Fifth Avenue in Naples Naples Daily News Philly Real Estate Investor Acquires Six-Building Apartment Portfolio in University City for $5M PHILADELPHIA.Today CBRE Teams Up with Ecolab to Drive Water Efficiency in Commercial Real Estate Sector Boston Real Estate Times Real Estate Sold: Oct. 15, 2025 Lebanon Local Real Estate Notes: One City lands fitness chain Nashville Post Legal drama swirls ahead of retrial for kidnapping and murder of Twin Cities real estate agent Star Tribune Interest Rate Predictions by Bank of America for 2025 and 2026 Norada Real Estate Investments Vertiports By Atlantic Teams Up With Real Estate Experts Aviation Week Network Mortgage Rates Today: 30-Year Average Refinance Rate Goes Down to 6.89% Norada Real Estate Investments A Bernal Heights bump in home sales? Why San Francisco real estate agents say it's a thing The Business Journals Hoffmann makes another move in Naples real estate market Gulfshore Business C-I Oct. 14, 2025 Real Estate Transfers pmg-sc.com PHH Mortgage Debuts FlexIQ Suite of Non-QM Products Weekly Real Estate News Suburban office demand just had a big quarter. Why isn't vacancy dropping? Crain's Chicago Business Real Estate: September 29 to October 3 Newport This Week PTA-PVR: Deutsche Real Estate AG: Release according to Article 40, Section 1 of the WpHG TradingView Surrounded by Water, and 180 Acres The New York Times DFI launches $663m Techbox industrial platform Institutional Real Estate, Inc. UC investment unit buys big East Bay hotel for more than $170 million SiliconValley.com China and Singapore Lead the World in Online Searches for Miami-Area Real Estate Weekly Real Estate News WOW Brand signs 8,200 s/f lease at GFP Real Estate’s 520 Eighth Ave. New York Real Estate Journal Cracker Barrel property off I-95 in North Carolina sells for $3.5M The Business Journals Is it worth buying an investment property right now? Yahoo Finance |
|
|
|
RELATED ARTICLES
Realtors: Forget Your Address? It's a large real estate agency, and the company depends on a steady stream of leads. The website is classy, with delightful graphic elements and layout. Conversation & The Real Estate Investor One key that makes investors is conversation or should I say "The Art Of Conversation".All successful investors are skilled in conversation and I'm not talking about the investors that does 10, 20 or even 30 deal a year! I'm talking about the "BTO" Big Time Operator; The Big Dog's slamming down 100 or more deals every year. You Wanna Get High With Me? Being a home inspector is great. It's fun, it's interesting, and I get to meet wonderful people. Searching For Maui Beachfront Houses? Who wouldn't want to move into a Maui beachfront house?From the custom architectural jobs done on many Maui homes,to the beautiful beaches and other natural attractions inMaui, you're bound to find something you will love aboutMaui beachfront houses. However, like any home buyingprocess, you'll need to make sure several things are inorder before you make your move into your new Mauibeachfront house. Real Estate Local FAQs. There are many frequently asked questions and any local real estate area. In our area here at the local Delaware Beaches, the most frequently asked questions are how to get a good deal and if there are any fixer-uppers available. New Homes in Ridgefield Location:Frequent travelers will absolutely delight in this town! As part of the southwest section of Connecticut, Ridgefield is a convenient town to live in since it is only miles away from both the New Jersey Tri-state area and New York City. It is also close to its neighbor, Danbury, and has a steady population that continues to grow. Boston Real Estate - You Still Have Considerable Control Over the Sale of Your Boston Home Boston real estate is a hot topic. Daily newspaper articles comment on whether or not a bubble exists in the Boston real estate market, when and if it will pop, how interest rates affect the market, why Boston residents are snapping up interest-only loans, and how foreign investors in our treasuries keep interest rates low. How to Own a Dream Home in Spain Every year hundreds of thousands of foreign visitors travel to Spain to delight in the fantastic weather, stunning natural landscapes, excellent entertainment options and superb Mediterranean beaches. Many of these people dream of one day owning their own property in Spain, in fact Spain is now one of the most desirable second home and retirement destinations in the world. Where is the Sophisticated Property Investor Putting his Money? The Traditional FavouritesOver the last five to ten years, UK investors buying property abroad have generally stuck to the traditional favourites Spain, France and Italy. With prices a fraction of those in the UK and a guarantee of more sunshine, these markets offered plenty of scope for capital appreciation, rental return and holiday home use. Escalation Clauses - A Home Buyers Secret Weapon Today we discuss escalation clauses because much of the country is experiencing an extreme "sellers' market." By that, I mean there are more buyers than there are sellers, and that results in sellers' getting more than one offer to buy their property. Selling by Owner = Saving by Owner? According to the National Association of Realtors, For Sale By Owner (FSBO) home sellers comprised nearly 14% of all home sales in the United States in 2003. The Boston Globe reported that nearly 25% of homes sold in that area during that same time period were FSBOs. Reinventing Real Estate, Part 1: Online and Empowered Consumers Are Taking Charge and Paying Less For decades, the real estate world turned in a predictable manner. The roles of buyers, sellers and real estate professionals were fairly well defined and transactions followed a predictable path of yard signs, newspaper ads, open houses and miles of paperwork. Investing in Residential Real Estate: Achieving Positive Cash Flow When investing in real estate, it is highly desirable to achieve positive cash flow on a month-to-month basis. This is true even if you are counting on property value appreciation to supply the bulk of your desired return on investment. Dubai or not to Buy? A Short Assessment of the Dubai Property Market Never has there been such an ambitious and creative drive to establish a property market as has been witnessed in Dubai over the past three years. Running short on oil reserves, Dubai's crown prince, Sheikh Mohammed Al Marktoum, set out to turn Dubai into the financial, commercial and tourism capital of the Middle East and in the space of three years he has more than succeeded. Real Estate for Beginners: Residential Property Taxes Whenever you own a piece of land, you will be taxed for it. Whether it is commercial property or residential property, there is still a tax to pay, whether it is for a village, town, city, county, or state. Home Selling: How To Set The Right Asking Price Many homes remain unsold for a long time because they're over-priced. Pricing your home right is essential if you want to sell your home in quick time. 5 Secrets for Surviving a Real Estate Market Downturn History repeatedly serves to show us that the real estate market is cyclical. It has boom times and stagnant times, occasionally it suffers a crash but real estate never becomes worthless, therefore if the experts are right and we're about to suffer a slow to stagnant period in the real estate market, all is not lost!There are 5 fundamental secrets that real estate investors like to keep close to their chest and they are the secrets that enable them to survive and even profit during a bear market. Buying Property in Portugal Portugal has long been a popular choice for people, particularly from the colder climates of Northern Europe, looking to purchase a holiday home or a retirement home. Traditionally they have done so using offshore companies, mainly to avoid estate taxes. What is Tax-Deferred Exchange? Under Section 1031 of the Internal Revenue Code, owners of real estate held for investment or use in a trade or business can swap their property tax-free for "like-kind" real estate.Exchanges are made for people wanting to stay invested in real estate, increase their leverage and to avoid paying hefty taxes upon the sale of property. Lake Property in Danbury A lakeside vacation or second home can be a quiet and relaxing place to escape to, or simply a good investment in your financial future. Whether you enjoy the outdoor activities and recreation provided by one of Connecticut's beautiful lakes, or you just want a place to get away from it all, there is a lakeside home for you in Danbury.
|
| home | site map |
| © 2006 TIGER MEDIA |