Friday, May 30, 2008

House Sitters Wanted Around The World

House sitting is a win-win for homeowners and house sitters providing free accommodation in 50 states around the world.

Making yourself available as a house sitter could be your first step towards spending a week or two in your favorite vacation spot in France, Spain, Australia, New Zealand, Canada, UK, USA, or some other country without paying for accommodation.

There are various house sitting directories on the Internet where you can find house sitting jobs, or find reliable house sitters to look after your own home. You can search online for house sitter jobs, or place a listing for a house sitter wanted.

Click this link to read how to become a house sitters, or advertise for a house sitter wanted.

Thursday, May 29, 2008

Choosing A Top Real Estate Agent

Read 13 Questions to help you select a top real estate agent to sell your home. Top real estate agents won't necessarily charge any more to sell your property - they'll just do a better job. This article explains how to interview real estate agents when selling your property.

Read the full article about Choosing Top Real Estate Agents.

About MLS Online Listings

The term Multiple Listing Service (MLS) refers to a database of real estate listings. Home buyers can search Multiple Listing Service listings online for properties. An online MLS search provides detailed information about real estate listings.

Read the full article about Multiple Listing Service Listings.

Real Estate Training Courses Online

There are also online real estate training course to teach you what you need to know to prepare for the real estate exam in your state.

Whether you choose classroom training or online real estate training, it is important to ensure that it's a legitimate real estate school recognized by your state. Online real estate courses and Real estate schools do not issue licenses upon completion of your training. In almost all cases, a real estate school will prepare you for a real estate licensing exam, but the exam is offered by the state.

Read the full article about Real Estate Training.

What If The Appraisal Comes In Under The Offer Price?

When buying a house, it is always possible that the appraisal will not measure up to your offer. The cause may be the condition of the home or the location.

Questions will then need to be asked including: Are you offering too much for the property, why didn't it value up and are reasons serious, will your financing fall through, will you need to find more money, will the seller drop the price?

Firstly regarding your borrowings. The mortgage lender (presumably a Bank) will generally take a conservative approach and value the property on the low side of your expected range. So, you need to discuss the appraisal, with regards financing, with your mortgage lender.

Regarding the price you are offering. A lot depends on what clauses you put in the contract and whether or not you get out of the contract. Purchase contracts can usually be amended and changed. That is why is always best to seek professional legal advice when signing any legal contract.

A low appraisal can be an excellent negotiating tool if if the appraisal comes in too low. A low appraisal could be the perfect opportunity for negotiating a lower price for the property. You should also seriously question why you are buying the property and whether you should complete the deal if the price is out of line with the appraisal.

Negotiating is what your agent is being paid for. Make the agent earn their commission.

Just because the appraisal comes in lower is not a bad thing. It gives you, the buyer, negotiating power for a better deal.

Wednesday, May 28, 2008

Foreclosure Negotiation Strategies

Foreclosure negotiation strategies can be helpful in avoiding foreclosure. It is in the lender's best interest to to avoid foreclosure and negotiate foreclosure strategies, or restructure mortgage loan terms.

Read the full article about Foreclosure Negotiation Strategies.

Glossary Of Foreclosure Terms

Read definitions for some commonly used foreclosure terms like: Bank Owned, Foreclosure, Pre Forclosure, Forbearance, Short Sale, Sherriff’s Sale, REO and Redemption Period in foreclosure sales.

Click here to read the glossary of foreclosure terms.

Foreclosure Properties Save Buyer's Thousands

If you are buying a foreclosure property, or any property for that matter, always calculate the total costs of purchasing the property. Buying foreclosure properties (bank owned properties) can be a good investment, but you need to buy wisely.

Read the full article about buying Foreclosure Properties.

Tuesday, May 27, 2008

Banked Owned Properties - A Risk Or Not?

Do those advertisements for 'foreclosure properties for sale' represent good property investments, or are foreclosed properties a risky gamble.

Whether you make money from foreclosed Bank owned properties depends to a large degree on the quality, location, condition and price of the particular foreclosed property.

Read the full article about buying Bank Owned Foreclosure Properties.

Monday, May 26, 2008

Homes For Sale In Your Price Range?

When buying a property, a home buyer generally has a set budget based on a pre-approved mortgage loan limit.

The vendor will attract home buyers trying to find homes for sale in the a set price range. There is no point in the vendor overpricing the property and missing out on attracting buyers in the correct price range.

Read the full article about how to find homes for sale in your price range.

Find A House For sale That's Not Overpriced

Whenever you are trying to buy a house in a particular price bracket, you'll find overpriced houses for sale. Optimistic home owners, who have set house prices based on wishful thinking rather than reality, own them.

Read the full article about Finding A House For Sale That's Not Overpriced

Bargain Hunters Chase Homes For Sale By Owner

Sometimes, homes for sale by owner FSBO are priced low to get a quick sale. A owner may have health problems, marital problems, or financial problems and need to sell quickly.

If you are willing to take the time to hunt out homes for sale by owner, you can often get a bargain.

Read the full article about Finding Homes For Sale By Owner

Pricing Your Home For Sale

Price is usually the most critical factor in an house sale. Just as you want the best value for your money, the buyer of your home will want the best value for his or her money too.

A home buyer doesn’t care about how much money you might want or need. The home buyer only cares what the home is worth to them. What you want or need has no bearing on the current market value of the home. Your home is only worth what someone is prepared to pay for it.

Read the full article about Pricing Your Home For Sale

Find Homes For Sale In Your Price Range?

When buying a property, a home buyer generally has a set budget based on a pre-approved mortgage loan limit.

The vendor will attract home buyers trying to find homes for sale in the a set price range. There is no point in the vendor overpricing the property and missing out on attracting buyers in the correct price range.

Read the full article about how to find homes for sale in your price range.

Sunday, May 25, 2008

Comparing Recent House Sale Prices

When buying a house, not only compare house prices based on what houses recently sold for, but also find out average house prices and real estate trends in the area.

It is not just a case of comparing house prices, it important to compare the recent sale prices of similar houses in the same area. The emphasis is the word 'similar', as there is no point comparing a 1 bedroom apartment with a four bedroom family home.

The more you know about the market before you make an offer, be the better chance you have of buying well and not getting ripped off.

Click the following link to read the full article about comparing house prices.

Falling House Prices Affect Housing Affordability

Several factors can affect the price of housing and housing affordability: the national and global economy, the local economy, mortgage interest rates, employment levels, income levels, tax rates, consumer confidence and inflationary pressures etc.

When interest rates rise, at the same time as the economy goes into a downturn, problems can develop for homeowners. They can face both the problem of high mortgage costs and falling house selling prices. This can have a positive and negative effect on housing affordability.

Read the full article on housing affordability here.

Buyer Thought Home Too Personal

When selling a home, the buyer needs to be able to imagine they are living there. If the home is filled with personal memorabilia belonging to the current owner, it can be off-putting for a new owner.

When presenting your home for sale, think of who a potential buyer might be. A buyer will need to feel comfortable in your home, rather than as if they are invading your personal space.

A potential buyer will need to feel as though he or she is looking through their future home as opposed to just visiting your home.

Too many family photos, or many personal items can make a buyer feel uncomfortable, and just want to leave.