| |
| |
|
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 Avoid out of date infomercials on TV. 6.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: America may be copying the worst part of Europe's real estate market Business Insider Portland’s downtown office building fire sales will hasten millions in lost property taxes OregonLive.com Queensland's housing market 'frozen' after new property laws come into effect Australian Broadcasting Corporation Welcome to Real Estate Friday! The Berkshire Edge Crypto, Private Equity, and Real Estate in Your 401(k)? Latest Executive Order Could Redefine Retirement Investing Morgan Lewis Housing Partnership Hears about Real Estate Transfer Fee The Bedford Citizen Berkshire region real estate sales – August 8, 2025 The Berkshire Edge A New Perspective: Pie-in-the-Sky | Real Estate Insights Piedmont Exedra Will Fannie and Freddie go public? It could happen — soon Real Estate News by RealEstateNews.com Rochester housing crisis mirrors national real estate woes Rochester Business Journal Homes for Sale in New York and New Jersey The New York Times 3 Real Estate Groups Organize Mayoral Candidate Townhall bizneworleans.com Which RI town has the 8th hottest real estate market in the country? It might surprise you. The Providence Journal Dawson County weekly real estate transactions, Aug. 8 Central Nebraska Today Coldwell Banker’s Jeff Taylor Real Estate rebrands as Liscinsky Realty Atlanta Agent Magazine EG Real Estate: Listings from $175K to $3.2M East Greenwich News Cape Coral Stands Out as the Riskiest Housing Market Poised for a Crash Norada Real Estate Investments Real estate broker George Pino faces new manslaughter charge in 2022 deadly boating accident CBS News Texas Teachers commits $776 million to real estate, private equity Pensions & Investments LOCAL REAL ESTATE TODAY 8.8.25 KQEN News Radio Real estate roundup: Interest rates, insurance reform, buying trends Palo Alto Online 18 -year old RCC student earns real estate license Greater Fayetteville Business Journal The Pipeline: Commercial real estate roundup for 8.8.25 Richmond BizSense Real Estate Meets Fintech: Shakib Uddin’s Global Trade Bangladesh Launches New Dubai Platform Morningstar FCERA commits $25m to real estate fund Private Equity Real Estate | PERE 196K-sf office building set to undergo renovation Texas Real Estate Research Center Surviving in ’25: Real estate finds opportunities in a trade war - Private Equity Real Estate | PERE Surviving in ’25: Real estate finds opportunities in a trade war Private Equity Real Estate | PERE Investment firm picks up 228K-sf Houston industrial portfolio Texas Real Estate Research Center Trump Order Clears Way for Crypto and Private Equity in 401(k)s The New York Times Brockway-Carpenter Real Estate moves to new Utica office Central New York Business Journal 'And Just Like That' Season 3 Episode 11 Recap: The Woman Has Real Estate Issues Back Row | Amy Odell Real Estate Roundup: July update Chain Store Age SUNY Oswego credits campus club as it launches real-estate minor - Central New York Business Journal SUNY Oswego credits campus club as it launches real-estate minor Central New York Business Journal Fond du Lac County property sold for $1.4M in real estate transfers for July 28-Aug. 1 fdlreporter.com Springfield real estate brokerages combine Springfield Business Journal Valley of the Sun Real Estate marketplace holds steady, Phoenix REALTORS data illustrates Arizona Digital Free Press Has Apollo Commercial Real Estate Finance (ARI) Outpaced Other Finance Stocks This Year? Yahoo Finance Real estate tax bills sent out as Bolton prepares for its sixth budget referendum The Middletown Press Farm real estate values top $4,000 per acre The Mighty 790 KFGO Charge added for South Florida real estate mogul George Pino in connection with fatal boat crash WPLG Local 10 Will the Housing Market Crash in 2025: What Experts Predict? Norada Real Estate Investments Real Estate Sales Market Watch Report for 1st half of 2025. The Berkshire Edge A look at Lakes Region communities developed in the 1980s The Laconia Daily Sun Cadwalader Nabs Sidley Real Estate Partner Following Firm Exits Bloomberg Law News A foreign investor has quietly spent $65M for Malibu real estate charred by January’s wildfires New York Post LACERS assigns $50 million to European value-added real estate fund Pensions & Investments Current Real Estate Roundup - August 7, 2025 Nantucket Current Fertility, Sex Relationships, Real Estate, and Diversity | Uncharted Territories Magazine | Summer 2025 Uncharted Territories | Tomas Pueyo Real estate secrets hiding in plain sight Komando.com Atlanta Braves Holdings: A High-Growth Franchise Capitalizing on Synergies in Sports and Real Estate AInvest |
|
|
|
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 |