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Showing posts from October, 2010

real estate tool

As we mentioned, one of the most popular real estate tools is zillow.com's instant property valuation. Just type in an address and in and you get a property value. It even charts the price ups and downs, and shows the last date sold (including price) and the property taxes. There are other sites that provide similar tools such as house-values.com and home gain.com. Unfortunately, many people use these estimated values alone to justify sales prices, offers and counteroffers. However, these are only rough estimates based on a formula that incorporates the local county sales information. These estimates can swing wildly over a short period of time and do not appear to always track actual market changes, which are normally more gradual. In addition, these estimates do not automatically take into account property remodels or renovations or other property specific or local changes. This is not to say these sites are not useful. In fact, they are great starting points and can provide a go

real estate search engines

Despite the widely available access to real estate listings, many believe that MLS databases continue to offer the most complete and accurate source of real estate information. Most MLSs now distribute content to other Web sites (primarily operated by real estate agents). An excellent starting point for MLS originated content is the national NAR Web site, realtor.com, which is also the most popular web site for searching real estate listings. Virtually all local and regional MLSs have an agreement with realtor.com to display much of their active listing inventory. Some local and regional MLS systems also have a publicly accessible Web site. However, to get complete information you will most likely still need to find a qualified local REALTOR. Many local real estate agents will also provide their customers (via email) new listings that are input into the MLS that match their predefined criteria. This can be very helpful to a busy buyer.There are also many Web sites that display both rea

online real estate information

Changes in the technology behind the real estate business have caused many agents to change the way they do business. In large part, this is due to the instant access most consumers now have to property listings and other real estate information. In addition, the Internet and other technologies have automated much of the marketing and initial searching process for real estate. For example, consumers can view properties online and make inquires via email. Brokers can use automated programs to send listings to consumers that match their property criteria. So, some agents now limit the services they offer and change their fees accordingly. An agent may offer to advertise the property in the MLS but only provide limited additional services. In the future, some real estate agents may offer services in more of an ala carte fashion. Because of the volume of real estate information on the Internet, when people hire a real estate agent today they should look at the particular services offered b

who is good real estate proker

The database of residential, land, and smaller income producing properties (including some commercial properties) is commonly referred to as a multiple listing service (MLS). In most cases, only properties listed by member real estate agents can be added to an MLS. The primary purpose of an MLS is to enable the member real estate agents to make offers of compensation to other member agents if they find a buyer for a property. This purposes did not include enabling the direct publishing of the MLS information to the public; times change. Today, most MLS information is directly accessible to the public over the Internet in many different forms.Commercial property listings are also displayed online but aggregated commercial property information is more elusive. Larger MLSs often operate a commercial information exchange (CIE). A CIE is similar to an MLS but the agents adding the listings to the database are not required to offer any specific type of compensation to the other members. Comp

my dream and my home

Ten years ago, a search for real estate would have started in the office of a local real estate agent or by just driving around town. At the agent's office, you would spend an afternoon flipping through pages of active property listings from the local Multiple Listing Service (MLS). After choosing properties of interest, you would spend many weeks touring each property until you found the right one. Finding market data to enable you to assess the asking price would take more time and a lot more driving, and you still might not be able to find all of the information you needed to get really comfortable with a fair market value. Today, most property searches start on the Internet. A quick keyword search on Google by location will likely get you thousands of results. If you spot a property of interest on a real estate web site, you can typically view photos online and maybe even take a virtual tour. You can then check other Web sites, such as the local county assessor, to get an idea

Residential Market

Positives Return to the Residential Market Recent reports by RP Data found a drop in the number of homes listed for sale as well as a slow down in house price growth. However, a report by PRDNationwide found suburbs close to the Brisbane CBD were showing signs of recovery with Ascot topping the list for house price growth in Brisbane with a 64.1% increase in the median house price for the year to March 2010. St Lucia was close behind with 59.6% growth, followed by Hawthorne at 34.6%. Meanwhile, research by has found that around 14% of home buyers in Queensland will spend 10% or more above the asking price. The research found a large percentage of people believed rates would rise in the next three months, but they were still prepared to pay a premium. Brisbane residents have embraced apartment living with the number of owner-occupiers buying units in the inner-city jumping 25% in the past five years. While the number of owner-occupiers accounted for only 25% of apartment sales across i

Pre-Foreclosure Investors

For the educated foreclosure investor, especially those skilled in the art of sourcing pre-foreclosure properties, there couldn't be a better time to capitalize on foreclosure real estate. Pre-foreclosure properties are listed as being in default by 30 - 60 - 90 days however they have not been put up for public auction. Many have no chance of the loan being reinstated so borrowers only option is separating from the loan obligation. For those homeowners that simply can't make their payments and don't want to destroy their credit, working with a foreclosure investor might not be so bad. A desperate situation for a homeowner can actually turn into a win-win situation for both the borrower and the foreclosure investor. Win-Win is the key word. How can this happen? Win-win happens when the borrower in trouble can liquidate the property, keep some equity and avoid bankruptcy thus keeping their credit intact. At the same time, the foreclosure investor wins by acquiring a property

Internet Marketing A business

Effect of Internet Marketing A business needs to have special strategies to keep the customer's faith. They have to keep the connection with current customers while attracting new potential consumers. A long term relationship is meant to protect in order to build up a strong marketing network. A marketing network consists of the company and it's supporting stakeholders with whom it has built mutually profitable business relationship. By using the old method, a lot of labors and researches were involved to create a strong social network. A company needed to do frequent survey after the debut of every new product. Then, marketers needed to organize all the data manually. It may take few weeks to finish all the paper researches. Moreover, marketing department had to keep updating customer's personal details constantly. Thousands of phone calls were necessary made in order to provide a sincere and heartwarming image to clients. This was a traditional method to practice marketin

Selling your Home

Selling your Home The simplest is to just put a "For Sale" sign on your lawn and hope it attracts the attention of passers by. You can also make little flyers and distribute them after mass, or during soccer games. If you don't want to hand out flyers manually, you can just make several big posters and put these in well frequented places like groceries and post offices. In case you want to reach a wider market, you can place an advertisement in your local newspaper. Unfortunately, this may be costly and the ad may only run for a few days. If you don't want the hassle, you can simply hire a real estate agent and then just let him do the leg work. Finally, in recent years, a new form of advertisement has cropped up - advertisement via the Internet. Through the internet, you can put your home up for sale at a low cost and yet reach such a wide market. There are several real estate websites on the World Wide Web and, for a small fee; you can upload information on your pro

earn dollars

What to Expect Technically, most real estate taken back by lenders do not go through a "foreclosure" process, even thought this article uses that term because most it is familiar with most readers. Most homes are bought with a trust deed, which makes it easier for banks to get properties back quickly in case of nonpayment. The first step in obtaining property from a homeowner that is late with mortgage payments is to send a Notice of a Trustee Sale. According to a report by the Realty Studies department at ASU, in the first half of 2007, over 8597 notices of trustee sales have been sent to homeowners delinquent on mortgage payments, compared to 11,354 in all of last year. When most buyers hear the term foreclosure, the greed factor kicks in - In most cases, the "Pennies on the Dollar" thing is not reality. I've had several offers on distressed properties flat-out rejected by the lender, even though the offers were 30% lower than the latest sold comparables. No c

Invest in Condos

Investing in real estate is a big decision that has to be considered carefully. There are so many different kinds of homes to invest in that it can become quite confusing. Over the last few years, condos have become one of the most sought after properties. Although they seem similar to apartments, they are much better in terms of size and appearance. You can find condos to suit just about every requirement, no matter where you live. If you are looking for Lakeview condos for sale, you will not be disappointed. There are several condos available in Lakeview that will meet the accommodation needs of different people. Edgewater condos for sale also offer great accommodation that extends beyond a living room, kitchen and bedroom. These condos may offer you garages. This ensures that your parking needs are taken care of without any trouble. Besides Lakeview, there are many other places where you can find ideal condos. For instance, you can also find great Evanston condos for sale easily. W

Real Estate Investment

The city of Killeen is the 21st fastest growing city of its size in America and the 5th most undervalued for real estate. The areas surrounding Fort Hood are predicted to continue to increase in value over the next few years, even as the overall real estate market in America begins to slow. Major real estate areas such as San Diego, Los Angeles, Miami, Fort Lauderdale, Austin, Seattle all slow down (and in some instances even begin to lose value), the areas surrounding Fort Hood continue to climb slowly, but surely. Multi-Family units are "HOT" in the Fort Hood area right now, with many investors from other states (California being a major player) are swooping in and snatching these properties up as quick as they can hit the market. The prices on some typical 4-Plex units (2 x 3/2, 2 x 2/2) built only 2 years ago have risen from the high 170K range to an astonishing 220K+ price! With all of this being said, with the ongoing reorganization of the U.S. military and the BRAC (B

Commercial Real Estate

Commercial Real Estate Step 1: Research. The first thing you need to understand before you can invest in real estate is an understanding of the characteristics of a real estate transaction. All of the subtleties can be taken care of by an attorney and accountant, who are well-equipped to protect you from fraud and risk. So, step one is finding a real estate attorney, and accountant who can service your requirements. Do not be concerned too much about the price, as this expense will be computed into your return from the investment. You can discover the right property, and engage a mortgage broker before hiring an attorney. Commercial Real Estate Step 2: Figure out your budget. How much cash are you able to invest or raise, and what return do you have to produce from that investment to make the investment worthwhile? This issue needs to be determined up front. This amount is purely subjective, and will vary from instance to instance. Some investors will apply a work-backwards strategy th

Real Estate Social Networking

Set Up Your Real Estate Social Networking What kind of plan do you need? Your Real Estate social networking plan doesn't need to be novel-length. But it should have the necessary ingredients to keep you on track to building a successful network and ultimately customers. Here is a basic RealEstate social networking plan that you can start using today. Determine Goals and Outcomes Before you begin creating your plan, you need to know what you want to achieve. Are you looking to build a client base through Real Estate SEO efforts? Do you wish to network with other Real Estate professionals? Perhaps your goal is to establish your expertise in your real estate niche. You will also need to determine where your intended audience will be. Will you be looking for networking contacts on Facebook? Are you looking to attract clients through YouTube? Or maybe get a following of Real Estate professionals on Twitter? Set Up Your Website If you have not already, you must get a web presence publish

Property Investments

The vast majority of international brand hotels are opening resorts along the lovely coastlines of Sanya, located at the southern tip of Hainan Island below China's mainland. In fact, Sanya is located 150 miles due east of Vietnam in the tropics, a genuine tropical paradise with nicer, milder temperatures than sweltering Thailand and Malaysia where temperatures too often hover from 35 to 40 degrees. Sanya rarely tops 32 degrees in the summer and averages 20 to 26 in the winter high season. Here is that surprising list of resorts already opened or opening soon: 1. Mandarin Oriental: At the end of 2007, the oriental luxury of Mandarin Oriental comes to Sanya with the opening of their first property in China at the local-flavored Da Dong Hai beach in Sanya. 2. Banyan Tree and Intercontinental: Over the hill at Lu Hui Tou's Xiao Dong Hai beach, the Intercontinental and Thailand's Banyan Tree are opening 5 star resorts alongside the area's newest golf course, all currently