Month: May 2015

Land Deal

untitled (274) untitled (273)Is that land deal really the deal that you planned on?  After all, some sold it for , I would assume, a profit.  What did they know that you didn’t?   Hopefully you have an idea on how to make money on this land.  Did you plan on a business to buy you out.  Did you have an idea that a mall might be in the lands future?  This kind of insider information would be a huge advantage and money can be made.  Dove Medical Press can help with that information but not before the competition does. Sometimes knowledge can be misleading.  Just be careful not to get into a deal that loses.

Time for a Fixer?

untitled (242) imagesSZFEYE6VA fixer upper can be a way to buy more home for the money and fix it as you go.  The trick would be to find that fixer that you can live in while you do the repairs.  The expense of renting while working on the fixer will drain the savings faster than you think.  If you run out of cash then just put up with the house as is until you recover.  The end result will be a home that you could not afford to buy is now your home.  Luke Weil is a fixer and loves to make old home come alive.

Still Home Shopping?

imagesZDVDAG9J untitled (45)Is the time right to buy a home?  Are you still shopping?  You are not alone.  Spending the next thirty years trying to pay off a mortgage is scary stuff.  Many fall into the looking and never buy a home.  The perfect deal is never going to happen.  There will always be some compromise.  The house may meet your needs but the area sucks.  The price may be in the budget but the home is too small.  The seller wants too many conditions to the sell to deal with.  The house is great but the neighbors suck.  The house is perfect but three hours drive from work. Fisher Investments on LinkedIn  can help you with that decision.

Short Sell?

untitled (15) untitled (14)Should you short sell your home?  That is a personal question.  It depends on your situation.  Did you over borrow and plan to resale for a profit? If so a short sale may be your only recourse.  If you just fell on hard times and your home I getting foreclosed I would work with the bank to keep the home.  If you have otherwise good credit then you may be able to refinance at a lower interest rate and lower the payment into something you can afford.  The best way to go is a personal decision and you need to know your options. Hope you can have a Home For Life.

Buy or Rent?

untitled (29) untitled (28)The real decision when it comes to investing in real estate is to buy or rent.  If You think that the current home mrket will be dropping in value in the near future then renting is the obvious choice.  If you think the the priving has bottomed out then go ahead and but.  Renting and saving a down payment is the best for most entering the housing market.  The advantages od home ownership are many.  The tax deduction can really help.  If you are in need of a tax break then buying is for you.  I would look for a payment that allows for some savings.  Joe Olujic is a good guy to discuss you options with.

Buy or Build your home

House under construction on plans with laptop

House under construction on plans with laptop

I had to decide to build a house of buy an existing house. I decided to build.  I sketched a rough draft of what I wanted and hired a draftsman to draw up the plans.  I then took the plans to general contractors for bid.  We took the lowest bid and started building.  After surviving the construction I swore to never do it again.  It is far better to buy something that is built so you can see how big it really is.  The home I built was OK but it wasn’t worth the effort.  It took 6 months and it seamed like forever.  Luke Weil did the same thing and he liked it. To each their own.

Realtors Worst Nightmare

Look-e-loos are a realtors worse nightmare.  The job is tough enough with people that are serious so spending time with the casual nosey couple is a disaster.  Time is money and look-e-loos can waste more than just about any other distraction.  They just want to look to see how the neighbors live of get decorating ideas.  Just imagine the huge waste of time. The next time you are tempted to be a look-e-loo fight it.  I want to spend my time with serious buyers.  Dana Sibilskyuntitled (5) is a bad look-e-loo.

Real Estate Agents Should Make More Efficient Use of Social Media for Marketing

The tricks of the trade in the real estate game are changing rapidly, and there are a number of new marketing elements that real estate agents should employ with greater frequency. There are very few real estate agents who are not using social media to increase awareness of their brand, but there is so much more that can be done beyond shining a light on your unique personality to convince homebuyers that they should view your properties.

While Facebook and Twitter are widely used in the real estate industry — with apologies for the all-too-obvious pun — it seems that Instagram has been somewhat surprisingly left out of the picture. This is a shame, as this particular application seems to have been designed for use in the real estate industry. What better way to show off a historic neighborhood than by using a specific filter through Instagram to harken back to those days gone by, or to emphasize the beams of sunlight that shine through a bay window?

Realtors who use Instagram in this way will appeal to the generation of Millenials who are finally starting to enter the housing market after years of claims that they would be renters forever. It is important to recognize that Instagram users who enter the housing market are sharp consumers who will do their homework, so it is important to be as honest in depicting your properties as you would be in providing the details of your most recent trip in Occidental Vacation Club reviews.

The key here is to use Instagram to emphasize the positives of each property and its neighborhood, not to use photography tricks to deceive buyers into viewing a property that is not nearly as appealing as its picture. Remember, this is social media, and any hint of deception will spread quickly.