Real Estate News and Views

Real Estate News and Views2020-02-12T04:25:14+00:00

12 STEPS TO NAIL THE PROPERTY LISTING PRESENTATION AND GET THE CONTRACT

For non-seasoned real estate agents who want to represent the seller and get listings, just how do you get to the point of contract signing? How do you get to represent the seller? You must earn the seller's trust by showing your expertise, honesty and competency. Try these 12 steps to nail the listing from appointment to contract signing. While these are tried and true steps to get a listing, you can also use your creativity and play more to the individual seller. Keep in mind that as a general rule, sellers over age 45 prefer paper listing presentations as [...]

SAVE MONEY THIS WINTER WITH THESE HOME ENERGY-EFFICIENT HEATING OPTIONS

Wind is blowing, leaves are falling and snow is on its way. Don't fight with the energy bill this year. There are other more cost-effective solutions than a standard furnace to heat your home. Invest in these energy-efficient options and heat your home in style without breaking the bank. Solar Energy System Solar panels composed of photovoltaic cells installed on your roof collect solar energy from both direct sunlight and ultraviolet radiation. Once the panels are warmer than the air in your home, a fan is activated that blows air into the existing duct work and circulates it throughout the [...]

UNDERSTANDING THE SUBPRIME MORTGAGE CRISIS

The American mortgage downturn led to the national banking crisis of 2007, which led to the global economic recession. The subprime mortgage crisis was the main cause of this recession. Follow along and learn what burst the mortgage bubble. SUBPRIME MORTGAGES GONE WILD Prime mortgages are at the best interest (prime) rates for buyer's credit and are given to those with good credit with the rate depending on Fico scores and other factors. Subprime mortgages are mortgages given to homebuyers whose credit is inferior. Often buyers obtaining subprime mortgages do not have enough funds for a full down payment. Risky [...]

THINGS CONTRACTORS WON’T TELL YOU (BUT YOU HAVE TO KNOW)

Most homeowners decide to hire contractors for just about any kind of  home  renovation or improvement. Contractors are basically the  middlemen between  material suppliers, construction workers and clients.  By hiring them, clients secure their funds and property from poorly done  work and unnecessary costs,  but there are some things that contractors  won’t tell you. Get the inside scoop on contractors and learn some tips to save you valuable time and hard-earned  money.  Do Not Have Appropriate License As in any job, there are good and bad contractors. That’s why almost all states require some kind of license for doing this kind [...]

IS WOMEN’S LIB BACK? SINGLE WOMEN FLEXING THEIR HOME-BUYING POWER

Could women's lib be back, if a bit undercover? Studies show that single women are flexing their buying power and purchasing homes while couples are buying in fewer numbers. Unmarried buyers are increasing in numbers while women buyers have been double that of men since the 1990s. Younger women today are making more than their male counterparts in larger cities, but this is not so true for older women. Dynamics have changed for a variety of reasons, such as more females graduating from college and less traditional male occupations (e.g,, construction). Real estate agents note that female buyers are more organized and budget better than [...]

LAND-BUYING STRATEGIES 101

You want to buy a piece of land to build a custom home. That's great, but do you know what you are doing? Think it's easier than home buying? Not necessarily, as many different factors arise. Use these land-buying strategies to ensure you purchase the right parcel for your home. Check Zoning How a parcel is zoned is important to current and future use. Check city, county and state zoning as applies to the parcel. Review the zoning restrictions. Ask the appropriate parties about any plans to change zoning that may impact your home-building plans. Likewise, know who has already [...]