Commerical Real Estate

Can You Still Make Money In This Market?

Every day there are more and more news reports telling us how bad the market is and how there are going to be more foreclosures this year. If you are a normal person working in the 9 to 5 world these reports may scare you. But if you are a real estate investor who is flipping houses in the current economy these reports excite you.

More millionaires have been made in bad economies than any other time in history. The reason is because the super wealthy know that the best way to financial freedom is real estate investing, they know the secrets to making money. Normal people become scared with all of the bad new and become more and more motivated to sell.

You may be wondering what the secret to flipping houses in the current economy is? There is not really one specific secret to making money in real estate investing but the main key is knowledge combined with action. If you know how to flip houses and then use that knowledge you cannot fail. Right now there are hundreds of Gurus, coaches and experts teaching beginning investors how to make money flipping houses. They are giving away all of their secrets and making people wealthy every day.

The best way to get started and learn the flipping secrets is to learn how to wholesale real estate. Wholesaling is a method that uses very little cash and can create quick profits. Wholesaling real estate involves finding cheap property, putting that property under contract and then assigning your rights to buy that house to another investor for a fee. Its sounds pretty simple right? That’s because it is simple, and there are investors making over one hundred thousand a month, yes a month doing this.

Right now with the current state of the economy there is an endless supply of motivated sellers out there and also an endless amount of investors looking for houses to fix up and flip or to rent out. Just look in the Classifieds and you will find tons of Great Fixer upper deals.

Finding these investors is very easy if you know where to look. Search Google flipping houses in your area to find hundreds of investor web sites. Also check your local real estate investors association for more information on investing in your area.

What most people do not know is that investing is not rocket science and you can learn how to make massive amounts of cash in less than 30 days. The key is finding a course or coach that you like. There is also thousands of free eBooks and mini courses on the internet right now. Go to any fix and flip blog or web site and you can find one.

Right now is the best time in history to invest in real estate. Get out there and make it happen, learn, and grow.

Article Source: Christopher Seder

Donna Sanford

Phone: 888 381 8654
Email: donna@yoursolution4re.com

Real Estate Investor | Short Sale Professional
Real Estate Transaction Negotiator | Real Estate Investing Services

Your Solution 4 Real Estate, Inc.
Bauer Hill & Associates, LLC
Area Short Sale Pros, LLC
Tri-County Capital Partners, LLC

Twitter - Donna Sanford
Twitter - Short Sale Pro

Area Short Sale Pros, LLC negotiates short sales on behalf of homeowners, Realtors and buyers/investors and we act as a neutral third party in the transaction. We have partnered with the best short sale negotiators who have over 50 years of combined industry experience and focus specifically on Short Sales. What makes us unique is our extensive contacts with lenders who know we are working for both buyer and seller as a third party negotiator and this gives us the “edge” over others. We service customers in all 50 states and work with all lenders and mortgage servicers. We are professionals with a proven track record for achieving positive outcomes for our clients. Call us now at 888-381-8654.
Categories: Blog, Business Connections, Commerical Real Estate, Investing in Real Estate, Real Estate Investing, Real Estate Negotiating, Short Sale Pro, Short Sales
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Does Inflation Affects Real Estate Prices?

For those studying the current decrease in real estate market prices these days, inflation is most commonly observed in relation to these very decreases. Inflation consistently affects the price of real estate across the United States. To first understand what inflation is, proves important in grasping why it can have so much affect on the cost of housing.

So, what exactly is inflation? Generally speaking, inflation is the increase in services and goods, that makes your United States dollar worth less. This can affect the purchase of groceries, travel, vehicles, and especially the housing market.

There are many theories on inflation that have been studied over many years. Authors and business persons write books on the topic every day, whiles others read the books and try to create their very own theories on the subject. At this point in time, there are two types of inflation changes that can drastically affect the status of the economy – therefore, real estate. The first, and most significant in relation to housing, is cost-push inflation.

Cost-push inflation is when price of goods and services go up to the consumer, as the costs to own and operate the companies that create these goods and services, begins to increase. In a sense, the companies ‘push’ their increase in operating costs onto the consumers of their goods and services.

In relation to the housing market, companies that may build homes, give or broker loans, sell construction materials, etc. must also then push their costs onto the consumer. This making the real estate market prices rise for those looking to buy. In which case, market researchers would deem this point in time a ‘sellers-market’ in real estate.

So, how does inflation relate to the decrease in housing costs? When inflation hits its peak, or as market researchers define it, when the cost of living becomes too high for the consumer to handle, the cost of housing decreases. We as the United State are currently in this market, which we know as, a ‘buyer’s market’. As the cost of goods have hit an irregular high, the cost of real estate across the globe has become outrageously affordable for all.

Real estate investors wait for moments in time, like now, to invest in rental properties, home upgrades, and other investments they can hold onto until the market turns. For the average family, the cost of buying a new house, or constructing a new house is also at an all-time low.

So, whether you have been waiting for the right time to invest, inflation has temporarily made this cost-effective pricing window available. Inflation will make a change again, soon enough, so why not take advantage of the low prices the real estate market currently has to offer? Invest in your dream home today.

Article Source: Ezine Articles Michael Liebrum

Donna Sanford

Phone: 888 381 8654
Email: donna@yoursolution4re.com

Real Estate Investor | Short Sale Professional
Real Estate Transaction Negotiator | Real Estate Investing Services

Your Solution 4 Real Estate, Inc.
Bauer Hill & Associates, LLC
Area Short Sale Pros, LLC
Tri-County Capital Partners, LLC

Twitter - Donna Sanford
Twitter - Short Sale Pro

Area Short Sale Pros, LLC negotiates short sales on behalf of homeowners, Realtors and buyers/investors and we act as a neutral third party in the transaction. We have partnered with the best short sale negotiators who have over 50 years of combined industry experience and focus specifically on Short Sales. What makes us unique is our extensive contacts with lenders who know we are working for both buyer and seller as a third party negotiator and this gives us the “edge” over others. We service customers in all 50 states and work with all lenders and mortgage servicers. We are professionals with a proven track record for achieving positive outcomes for our clients. Call us now at 888-381-8654.
Categories: Blog, Business Connections, Commerical Real Estate, Investing in Real Estate, Real Estate Investing, Real Estate Negotiating, Real Estate Sales, Reviews, Short Sale Pro, Short Sales
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Best Time to Buy is Now

When is the best time to buy? When everyone else is selling. The biggest fortunes have always been made during economic downturns by forward-looking individuals who buy when the market it at the lowest point. As Warren Buffet said, “be fearful when others are greedy and to be greedy only when others are fearful.” Buy low, sell high. No commodity demonstrates this contrarian market strategy better than purchase of real estate.

Right now there is around a 12 month supply of homes for sale in many markets, and in many cases at least a third of those homes are distressed. The next two to three years are expected to see near record high housing supply on the market and depressed prices. Many sellers continue to be desperate to get out from under over-valued mortgages and many are forced to sell because of unemployment and underemployment. When people are selling low, that is the best time to buy.

Many of the major lenders are gearing up to do more business with Short Sales over the next year or two because they realize that they can maintain better value in the distressed property if they do not take the owner all the way to foreclosure. Again, with lenders ready to deal, that’s the ideal time to buy.

Investors who are a little hesitant to jump in ask, “If everyone is selling, will I find a buyer?” That’s a good question, and it can simply be answered this way: If you buy it right and put it back on the market at an attractive price, then there will always be a buyer. There are some things you can do to hedge your bets:

Target your “farming” area to neighborhoods and price ranges that are attractive to all cash buyers. If you don’t have a feel for which areas are highly desirable to cash buyers have your buyer’s agent check recently solds in several target areas to determine who is buying, whether they are buying for cash or are financing, and what the recently sold prices were in the area. This will tell you three things: which areas to target for Short Sales, the price range of properties to target, and the price you can expect to get for the properties you tie up in a transactional Short Sale. Additionally, you should be able to see what lenders have been accepting for Short Sales in the area. You’ll then know what your average profit is going to be.

If you buy to flip rather than to hold you minimize the risk of losing any money if your Purchase and Sale Agreement is structured correctly. If you concentrate on putting many deals in the pipeline the deals that fall through will pale in comparison with the profit that comes in from the regular closings that your pipeline creates.

There are tons of ways to make money in real estate, but all of them are useless unless you have a steady flow of motivated sellers and qualified buyers coming into your business. When you have a solid pipeline of prospects, you pick and choose the best of the best and finally take control of your financial future.

Article Source: Ezine Articles Bob Massey

Donna Sanford

Phone: 888 381 8654
Email: donna@yoursolution4re.com

Real Estate Investor | Short Sale Professional
Real Estate Transaction Negotiator | Real Estate Investing Services

Your Solution 4 Real Estate, Inc.
Bauer Hill & Associates, LLC
Area Short Sale Pros, LLC
Tri-County Capital Partners, LLC

Twitter - Donna Sanford
Twitter - Short Sale Pro

Area Short Sale Pros, LLC negotiates short sales on behalf of homeowners, Realtors and buyers/investors and we act as a neutral third party in the transaction. We have partnered with the best short sale negotiators who have over 50 years of combined industry experience and focus specifically on Short Sales. What makes us unique is our extensive contacts with lenders who know we are working for both buyer and seller as a third party negotiator and this gives us the “edge” over others. We service customers in all 50 states and work with all lenders and mortgage servicers. We are professionals with a proven track record for achieving positive outcomes for our clients. Call us now at 888-381-8654.
Categories: Blog, Business Connections, Commerical Real Estate, Foreclosure, Investing in Real Estate, Real Estate Investing, Real Estate Sales, Reviews, Short Sale Pro
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Using an Agency in Real Estate Transactions

Agency is simply the relationship between the principle (the seller or buyer) and the real estate professional. In agency, the professional has a fiduciary duty to look out for the best interests of his/her principle. The fiduciary duty is defined as the ‘duty of utmost care, integrity, honesty, and loyalty in dealings.’

There is a form that is used called the Agency Disclosure form (or AD for short.) This is the very first form that is used in every real estate transaction. It has 1 purpose: it discloses (makes openly known) the 3 types of agency that could happen in a real estate transaction.

1. Agent represents the seller only.

In this agency the agent for the seller represents only the seller. He has a fiduciary obligation to get the seller the best price possible for his home. He also has the fiduciary duty to make sure the seller understands all the forms he must sign. The agent serves to protect and promote the seller. In a fiduciary relationship the agent has an obligation to put the needs of the seller first above his/her own needs. He does not have a fiduciary duty to the buyer but does own the buyer the duty of fair and honest dealings.

2. Agent represents the buyer only.

This is the exact same as above except the agent represents the buyer only and has the fiduciary duty to get the home for the buyer at the best price while protecting and promoting his/her best interests. He only owes the seller the duty of fair and honest dealings.

3. Dual agency: agent represents both the seller and buyer

If a dual agency is formed it must be disclosed and agreed to by all parties of the transaction. A dual agency can never be done in secret. This dual status must be known because an agent will know confidential information about his principles. The disclosure forms states that an agent in a dual agency situation must never reveal confidential information to the other party without written permission.

The agency laws were put into practice to protect home owners and home buyers. It establishes that an agent must put the needs of the principle above his own. The law also makes the declaration of who represents who and in what capacity widely known. There are to be no secrets in a real estate transaction.

Dangers of Dual Agency

In most real estate transactions there is one agent representing a seller (aka sellers agent or listing agent) and another agent representing a buyer (aka buyers agent). However, at times, one agent might end up representing both the buyer and seller. This is called dual agency. It is perfectly legal but also can be filled with challenges. In many states, a dual agency status must be acknowledged and agreed to in writing by all parties.

To understand the potential challenge let’s use this as a scenario:
• The house is informally appraised and the fair market value seems to be $270,000
• The seller begins with a listing price of $275,000
• The real estate agent represents both the buyer and seller: a dual agency

It is not unusual in the beginning of the formation of a contract to purchase that the buyer will have his initial offer price and also a back up price in mind. He might tell his agent to offer $260,000 but would not go higher than $265,000.

If this agent represents both the buyer and the seller how does he approach the seller with that offer? He must tell him there is an offer of $260,000 but cannot reveal anything else without breaking his fiduciary duty to the buyer.

Now the seller does not want to sell the house at $260,000 and asks his agent what he thinks would be a good counter offer? Does the agent knowing the house is worth an estimated $270,000 suggest to him to counter at $270,000 and possibly lose the deal? This would be in the best interest of his seller. But he could also recommend the seller to counter at $265,000 knowing the deal would most likely close. This would be in the best interest of his buyer. He could even say, I cannot tell you what to counter it as which might not make his client too happy. The agents’ fiduciary duties to both of them are in conflict.

Other challenges could crop up when further in the process it comes to other concerns; for example, repairs. The buyer might want a carpet allowance. So the agent needs to represent that need. But he also has the duty to get the most money for the seller. This is just an example of another challenge in dual agency situations.

I do not write this to say that dual agency is bad, wrong, or illegal. It can be done and be done successfully. I write this so people understand that agency clarification is important; do not treat it lightly. If you are potentially in a dual agency situation you must consider all the benefits and challenges.

This is why agency clarification is the first form to be filled out in the real estate process. You want to know exactly who is representing who so you do not reveal information to ‘the other side’ accidently.

Let me finish with an interesting twist; 2 different people working for the same broker also creates dual agency. For example, it one agent is with Century 21 Award. They may have several offices in any given sales area with 100′s of agents. I work out of one office and let us say I have a listing. A person that I do not know and have never met works in another office. That agent could bring a buyer to my listing, the buyers like it, and decide to make an offer. This is a dual agency because we both work for the same broker even though we do not know each other and work out of different offices.

Donna Sanford

Phone: 888 381 8654
Email: donna@yoursolution4re.com

Real Estate Investor | Short Sale Professional
Real Estate Transaction Negotiator | Real Estate Investing Services

Your Solution 4 Real Estate, Inc.
Bauer Hill & Associates, LLC
Area Short Sale Pros, LLC
Tri-County Capital Partners, LLC

Twitter - Donna Sanford
Twitter - Short Sale Pro

Area Short Sale Pros, LLC negotiates short sales on behalf of homeowners, Realtors and buyers/investors and we act as a neutral third party in the transaction. We have partnered with the best short sale negotiators who have over 50 years of combined industry experience and focus specifically on Short Sales. What makes us unique is our extensive contacts with lenders who know we are working for both buyer and seller as a third party negotiator and this gives us the “edge” over others. We service customers in all 50 states and work with all lenders and mortgage servicers. We are professionals with a proven track record for achieving positive outcomes for our clients. Call us now at 888-381-8654.
Categories: Blog, Business Connections, Commerical Real Estate, Real Estate Investing, Real Estate Negotiating, Real Estate Sales, Residential Real Estate, Reviews, Short Sale Pro, Short Sales
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Foreclosure Relief

Many people are faced with foreclosure on their homes in the U.S. A lot of the major cities have been hard hit, because the of decline of the housing market. All homes have lost value, while others face foreclosure. Those facing foreclosure are looking for foreclosure relief from anywhere they can find it. The federal and state governments are attempting to give relief to families through different programs.

The programs are intended to save Americans from losing their home. Many programs were started in 2010, to provide relief to people. The federal government started a $75 billion dollar bailout program. The local government began offering job training and other employment programs, to help get people back to work. Some states initiated an investigating on banks, to check the banking foreclosure practices being used, in an effort to protect the homeowners

Today there are different programs that provide foreclosure relief to homeowners who are faced with foreclosure. All of the programs involve a multiple step application process. So it is important that you get the assistance of an experienced lawyer to help you.

The following is a list of some of the programs available to help provide foreclosure relief:

• The Availability and Stability Program

• Fannie Mae Program assisted by government bailout funds

• Veterans Fund VA Loans

• HUD Housing Programs

• 2nd Mortgage

• Reverse Mortgage Program for seniors

• The Loan Modification Program

You may have to apply for multiple programs, before you get approved for the foreclosure relief you need. A foreclosure lawyer will advise you of the programs you do qualify for, so you aren’t wasting time. Getting the paperwork done correctly and turned in on time is essential to these programs. If the paperwork is incorrect or late, this can prolong the foreclosure relief you need. Knowing what documents you need and how to obtain them, can be overwhelming. Having a foreclosure lawyer provide you advise and walk you through the process, will ensure you get the best foreclosure relief available to you.

Article Source: L Weber at Ezine Articles

Donna Sanford

Phone: 888 381 8654
Email: donna@yoursolution4re.com

Real Estate Investor | Short Sale Professional
Real Estate Transaction Negotiator | Real Estate Investing Services

Your Solution 4 Real Estate, Inc.
Bauer Hill & Associates, LLC
Area Short Sale Pros, LLC
Tri-County Capital Partners, LLC

Twitter - Donna Sanford
Twitter - Short Sale Pro

Area Short Sale Pros, LLC negotiates short sales on behalf of homeowners, Realtors and buyers/investors and we act as a neutral third party in the transaction. We have partnered with the best short sale negotiators who have over 50 years of combined industry experience and focus specifically on Short Sales. What makes us unique is our extensive contacts with lenders who know we are working for both buyer and seller as a third party negotiator and this gives us the “edge” over others. We service customers in all 50 states and work with all lenders and mortgage servicers. We are professionals with a proven track record for achieving positive outcomes for our clients. Call us now at 888-381-8654.
Categories: Blog, Business Connections, Commerical Real Estate, Foreclosure, Investing in Real Estate, Real Estate Investing, Real Estate Negotiating, Real Estate Sales, Reviews, Short Sale Pro
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Avoiding Silly Mistakes In Property Investments

There are some things investors need to be aware of before investing in a property. This article illustrates how investors can avoid common mistakes in property investments. Knowledge is a must for anybody involved in the field of investment property.

Here are some tips for you:

Purchasing investment property is like a sophisticated chase game or perhaps you can compare this with hardcore mountain climbing. Your moves have to be well thought, cautious and clever. You must explore the deals well before jumping into anything. The bottom line here…all deals deserve thorough research and understanding.

The top priority of your caution should be “due diligence”. People ignoring this issue get into trouble. You must also be taking enough time to fully complete your due diligence. If not, you could end up with a disaster when you ignore or show negligence in your due diligence.

Once you have done a few deals, sit tight and go back through the mistakes you have made and try to correct them before jumping back on the horse. You must also pay attention to other people’s case. This will save you a lot of future monetary pain.

In addition to what has been mentioned above, you must also dodge the following mistakes:

There are a large number of people who realized too late, that they would better arrange an exit before they jumped into this investment gig. Unfortunately, people always get to learn this the tough way. Learning from these mistakes could cost you a fortune so prepare an exit strategy when you still have time. Speaking specific, you must retain special exit strategies for special situations in property investments.

Hope these tips and suggestions help!

Experienced writer and editor, Jonathan Max has been working in the field of travel and real estate for 8 years. He is currently writing various tips and advices on holidays, Investing in properties and travel industry.

Article Source: Jonathan Max with Ezine Articles

Donna Sanford

Phone: 888 381 8654
Email: donna@yoursolution4re.com

Real Estate Investor | Short Sale Professional
Real Estate Transaction Negotiator | Real Estate Investing Services

Your Solution 4 Real Estate, Inc.
Bauer Hill & Associates, LLC
Area Short Sale Pros, LLC
Tri-County Capital Partners, LLC

Twitter - Donna Sanford
Twitter - Short Sale Pro

Area Short Sale Pros, LLC negotiates short sales on behalf of homeowners, Realtors and buyers/investors and we act as a neutral third party in the transaction. We have partnered with the best short sale negotiators who have over 50 years of combined industry experience and focus specifically on Short Sales. What makes us unique is our extensive contacts with lenders who know we are working for both buyer and seller as a third party negotiator and this gives us the “edge” over others. We service customers in all 50 states and work with all lenders and mortgage servicers. We are professionals with a proven track record for achieving positive outcomes for our clients. Call us now at 888-381-8654.
Categories: Blog, Business Connections, Commerical Real Estate, Investing in Real Estate, Real Estate Investing, Real Estate Negotiating, Real Estate Sales, Residential Real Estate, Reviews, Short Sale Pro
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