5 Ways to Build Your Buyers List as a Wholesaler

Beginners in the real estate investing business are surprised to learn that it is possible to build a buyers list before you ever have a property under contract. In fact, it is best that you have the list built ahead of time. You want to be in the position that when your first contract is in your hand and you have a property to flip, you have a list of potential buyers to call or email. When you have your list ready, that means your flip (your wholesale deal) will be completed and closed that... Read more »

Is “Subject To” for You?

Taking a property subject to the existing loan, is one of the ways in which real estate investors make a great deal of money. While the process is quite simple, it seems to be a clouded issue for some people. First let’s look at how simple the process truly is. The term “subject to” refers to the fact that you will be purchasing the property subject to the financing that is in place at the time. The loan (and any other liens or encumbrances), that is on the property now stays... Read more »

What Effects Will Home Information Packs Have?

If a critique of the property industry and property selling process were to be made the findings would most likely state that it is inefficient and time consuming. This however is set to change with the government’s drive towards home information packs for all residential properties being sold. Hopefully this move will reduce the time spent on buying and selling property whilst clearing up the contractual situation for both parties. But what information will these home information packs contain... Read more »

Smart Tips for When to Buy a Home

Search for any article on real estate lately and you will read a lot of doom and gloom scenarios. While it is true that the real estate market is struggling overall, there are some top tips to consider before you purchase a home, no matter what the rest of the mortgage industry and real estate market is doing overall. Before you sell your home or look to buy a new property, answer the questions below to see if now is the right time for you to purchase. Can you commit? If you can not stay in your... Read more »

Getting Started in Real Estate Investment in a Cold Market

Real estate investment has become a hot topic over the last decade or so. Would-be investors seem to be around every corner. They attend seminars, buy investment classes on DVD and study the real estate market religiously. The world of real estate investing seems to be an exclusive and exciting realm where only a privileged few are successful. If you have always wanted to be a part of this world, you may feel that you are too late now that the real estate market has taken a sharp down turn. However,... Read more »

Substantial Grant To NRHA Is A Good Thing For First Time Home Buyers

The NRHA, Norfolk Redevelopment and Housing Authority, will receive funding to assist first time home buyers who are in the low to moderate income level. The Virginia Housing Development Authority announced over $13 million in funds. These funds are the larges amount of money that has been designated to any authority in the state and it will be allocated to NRHA to finance affordable housing in the city. The funding comes from VHDA’s Sponsoring Partnerships and Revitalizing Communities, or... Read more »

Help For Some California First Time Home Buyers

Communities that have been hit hard by the current foreclosure crisis in California is the focus of Governor Schwarzenegger who has come up with a plan to stabilize the neighborhoods as well as helping those looking to buy, including the first time home buyers. Many communities in California struck by the foreclosure crisis have neighborhoods with homes that loom vacant amongst active family dwellings. Houses with boarded up windows, for sale signs and dead lawns sit neglected without buyers to... Read more »

The Question Is Whether To Buy Or Not To Buy

It is not a matter of flipping a coin when deciding whether to buy or rent a home. There are a lot of things to think about. Make sure you compare your income against the local market when you make your housing decision. Whatever the dream home being considered, there is always present the option to keep renting until a later time in the future. What is considered between these two options always distills down to financing. What can be expected to pay buying a home instead of renting? In a nutshell,... Read more »

Is Now the Right Time to Invest in Florida Beach Houses?

A trip to Florida is an exciting and relaxing vacation. The beaches are beautiful and there are many great communities like Lake Worth around the state. The problem is that everyone else knows that. During the prime seasons accommodations are scarce and the rooms are downright pricey. Wouldn’t it be nice to have one of those great Florida beach houses for your own? Well, sure. A few years ago you might have done it. But right now, with all the mortgage worries, would it be smart to invest... Read more »

TIC: How is the Real Estate Community Involved?

With the demand of prime properties worldwide, real estate communities are boasting of profits and capital gains when it comes to their acquired real estate. But despite the knowledge of these investors in the business, there is a way to consolidate as many properties as they can to maximize their profits. Tenancy in Common or TIC allows the real estate community to share an ownership of a certain property with two or more people. The individuals share may depend on how much they invested on the... Read more »