Preparations that you need to consider when selling your house - Frank Wallem. No matter how many times you’ve sold a house, there are things you need to think about before listing your home for sale. Many first time sellers might think that it’s just a literal buy-and-sell process when in fact, even just the preparation takes a lot more than that. A realtor who would say that selling houses is a fun-filled job is actually not being honest. Selling houses is a tiresome and demanding undertaking. These sentiment can, however, be minimized with proper preparations and a well-constructed process. So before you sell your house, take into account these items that are crucially important in making proper selling and marketing decisions. Do not neglect the importance of hiring a great Realtor.
One of the most disregarded step when listing properties for sale is the vital role of Realtors. Prepare the information, documents and do the paperwork Know that a good Realtor can specifically identify which information of the house are vital to the selling process. Energy Efficient Mortgage Homeowner Guide. THE ENERGY EFFICIENT MORTGAGE means comfort and savings. When you are buying, selling, refinancing, or remodeling your home, you can increase your comfort and actually save money by using the Energy Efficient Mortgage (EEM). It is easy to use, federally recognized, and can be applied to most home mortgages. EEMs provide the borrower with special benefits when purchasing a home that is energy efficient, or can be made efficient through the installation of energy-saving improvements. Homeowners with lower utility bills have more money in their pocket each month.
They can afford to allocate a larger portion of their income to housing expenses. If you have more cash, why not buy a better, more comfortable home? The TWO SIDES of the EEM COIN Finance Energy Improvements! Increase Your Buying Power! WHO BENEFITS from the ENERGY EFFICIENT MORTGAGE? Buyers: Sellers: Remodelers/Refinancers: Pay for energy improvements easily, through your mortgage. HERS, or Home Energy Rating Systems In other words: On finding your dream house | Frank Wallem’s Blog. House hunting is a very exciting endeavor, especially if you are a first-timer. Of course, you have your own ideal house in mind and because it is your first time to buy your own property and you have the resources, you are obviously ready to search everywhere just to find your dream home.
This may hurt you, but buying a house is not another fairy tale story. It has its own complexities, and it does not mean that having enough money or resources is enough to purchase the property you’ve been eyeing for so long. There are various details to look into, and certain trends to study, before purchasing a property. You need to be more practical than ideal. You cannot go wrong, because remember, you cannot take back your money, effort, and time, once you realize you have made a mistake in buying a house or property. New-build Homes Why Go For It If you are very ideal, you would probably go for a new-build house. What To Keep In Mind Where To Find Them Ex-Local Flats Where To Find It.
Smart Cities for Sustainable Development and Real Estate Strength | Frank Wallem. Opinion and analysis by Frank Wallem Globalization and the continuous pursuit for higher development and the maximization of human knowledge, material resources, as well as social and economic excellence have been inducing a dynamic state of growth in many societies. Today, advanced societies provide myriad opportunities for personal and larger development, life conveniences, technological advantages, and efficiently integrated communication. We are living in an era where three major factors are becoming major necessities to equip us in conforming to dynamism. These three major factors are information, communication, and technology. The pursuit to integrate these three into the everyday human life and the corporate sphere is not just a personal journey.
What is a smart city? Smart cities and real estate Smart cities in Europe In Europe, smart cities are not a futuristic concept. Smart cities in Asia. Recently, India and Africa have been stimulating talks on building smart cities. Europe’s Real Estate Market | Frank Wallem. The Eurozone financial crisis has been adversely affecting economies in the European region, including the commercial property business in the area. In 2012, a report from the PropertyWire Web site stated that the status of European commercial real estate was barely improving and according to the Royal Institute of Chartered Surveyors or the RICS, majority of European markets involved in the real property business have recorded “falling activity” and less investments in the said period.
However, the RICS also reported that a slight improvement was found during the last quarter of the year. It was reported that much of the decline in the real estate market could be attributed to the sovereign debt crisis in the region. How has the real estate industry been coping with the crisis since then? The biggest year in real estate investments It seems that the Eurozone is gradually inching its way toward a progressive real estate market. Factors contributing to market recovery Sovereign wealth funds. What You Should Know about Successful Real Estate Investments | Frank Wallem. Perhaps, the umbrella advice that would help real estate investors become successful businessmen is this mantra by Scott McGillivray that goes “Real estate investing is get rich slow, not get rich quick”. Delving into real estate investment with this mantra as your principle has implications both on the type of business model that you want to adopt and your work ethics as an investor.
Knowing this, attaining success in real estate investment becomes a steady challenge. Working on your ethics Successful real estate investors share a common characteristic: they are good, thorough planners. They carefully craft plans and have a knack in intelligent speculation, focusing on the bigger picture. They are organized, and their information organization skills help them effectively utilize their in-depth knowledge about their market. Developing a wide social network is also important if you want to be successful in this business not only in the immediate future but also beyond that, too. Flip a house and get rich - the basics. By Frank Wallem Renovating run-down properties and turning them into quite a surprising marvel through your own efforts has been the ‘in’ thing for some time now to those who love to make investments and income out of properties. This is the so-called ‘house flipping’ – the process of buying abandoned properties such as houses at a huge discount, then rehabilitating it for reselling.
The Profit-Making House Flipping Business from house-flipping has been making a lot of profit today. According to the data released by RealtyTrac, in the first three months of this year, home flippers gathered a 30% gross return on their investment. This is considered one of the highest levels in years. House Flipping As A Living House flipping is not a simple and easy job, especially if it has become your means of living. To venture into a house flipping business, the first to do is of course, to identify the costs, including all the operating expense.
No Money, No Problem House Flipping Dummies. Bolder and Smarter: New Selling Strategies for European Property Investors. By Frank Wallem The real estate investors’ response to the ongoing European financial crisis is also evolving, as they accommodate the changing economic environment in the region. They are coming up with new strategies that will help them reinvigorate the real estate business. These strategies tackle the possible economic limitations in the real estate market, but also demonstrate the clear signs of recovery in Europe’s economy by being able to take on the risks and challenges in the business. New real estate investment strategies In the face of Europe’s changing economic situation, real estate investors are also re-calibrating and re-adjusting their investment strategies. In addition, real estate investors are also starting to implement their core measures and core strategies in response to increasing prices and improved market situation and projections.
Furthermore, about half of the companies interviewed expressed willingness to invest in secondary cities in the next year. 5 Strategies for Pricing a Home to Sell. Once you know your home’s value and have a price range in mind, it’s time nail down the final “list” price. Here are five pricing strategies for sellers. Is a $499 iPad a bargain compared to one that costs $500? Not exactly. But retailers have long priced products just below a round number because, psychologically, $499 feels more like a deal than $500, even if the difference is only $1. In real estate, the “99″ strategy is nearly always employed. Nonetheless, there’s a fair amount of psychology — and strategy — that goes into determining a home’s asking price. If you’re a seller, you and your real estate agent should identify (and agree on) the approximate value of the property. The next step is to understand the price range for the list price — in this case, somewhere between $480K and $520K, depending on market conditions, competing properties, time of year or inventory.
Once you know your home’s value and have a price range in mind, it’s time nail down the final “list” price. 1. 2. 3. “No Money Down” Investment Options for Budding Property Investors - Frank Wallem. If you are a budding real estate investor just getting started in the business and needs to build confidence and knowledge before fully pushing through with the business, there are a number of ways by which you can start investing while minimizing the risk of financial loss. There are investment strategies do not require downpayments, thanks to the abundance of motivated sellers in the business. Here are some real estate investment strategies that do not require down payments. House Flipping By flipping houses, you can earn while you learn the intricacies of real estate marketing.
Simply put, house flipping means contracting to buy a property, then selling your right to buy the property to another willing buyer. For example, you can scout for a house or any real estate property to buy. Buying a House “Subject To” Purchasing a house “subject to” means that the house is “subject to the existing mortgage” that is already being implemented in the property. Lease Options.