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101). Open Houses for FSBO Sellers The first requirement in finding a buyer for a home is to make sure the pool of potential buyers know it is on the market. For FSBO sellers, holding an open house can help to get the word out to buyers. Open Houses Open houses are very effective at helping sell real estate in many parts of the country. Real estate agents ... 102). Oregon Real Estate – Going Hip and Green Located in the Pacific Northwest, Oregon is hip state that gets a lot of rain. This rain results in a beautiful green state, but doesn’t put a damper on the real estate market. Oregon From the stunning Crater Lake to Pioneer Square in Portland, Oregon is a diverse state. The population ranges from hippies to the very cons... 103). Owning The House That Won’t Sell The real estate market is hopping and houses in your neighborhood are selling like hotcakes. You, however, are stuck owning the house that won’t sell. Owning The House That Won’t Sell We first need to get some common anxiety issues out of the way. There is no curse on your house. Real estate agents are not conspiring agai... 104). Pennsylvania Real Estate – The Keystone State Known as the Keystone State, Pennsylvania is a hard working state. Depending on where you live, Pennsylvania real estate can be reasonable or pricey. Pennsylvania Pennsylvania is a state with an incredible amount of history battling with modern tendencies. Historically, the state is the home of such notable locations as G... 105). Pre-Approval Letter – How To Use It To Get Your Dream Home When house hunting, many buyers make the mistake of waiting to contact a lender until after they have located their dream home. As a buyer, you will be in a much stronger position with a seller if you are pre-approved. Pre-Approval Letter To effectively house hunt, you must know the amount you can borrow from a lender. The... 106). Preparing for an Appraisal - Plan For It A critical part of selling a home is the appraisal. Here’s how to plan for it. You have a contract to sell your home and now the appraiser is coming. The appraisal needs to come in at a good price in order for your buyer to get his loan. What should you do? The Appraiser Says Appraisers typically tell people ... 107). Preparing for Appraisals – Contracts and Comps You’ve sold your home and are getting ready for the appraisal. Here’s how contracts and comparable home sales impact the appraisal. Your Contract One of the indications of value an appraiser takes into consideration is the contract that exists between unrelated parties for the sale and purchase of the home. As odd as this ... 108). Protective Covenants – Buying A Home In addition to zoning, some properties have covenants recorded at the courthouse that “run with the land.” These “protective covenants” can put a serious pinch in your plans for a piece of property. Protective Covenants A protective covenant remains in effect as the property is sold from owner to owner. The covenants are d... 109). Real Estate Market – Weak and Strong Areas You want to know whether the market is strong if you are buying or selling real estate. Having such information lets you know how flexible you need to be in offers. Sales have slowed for large parts of the east and west coasts for sellers. Good news for buyers there. On the other hand, sales are picking up in parts of the interior of o... 110). Real Estate Terms – From Appraisals to Comps When you’re selling your home or other real property on your own, you don’t have to know everything about the process. It does help to have a practical knowledge of the terms that come up during the process. Keep in mind, these aren’t intended as “be all, end all, penultimate” definitions. They’re working definitions for pragmatic fol... 111). Real Estate Terms – From Condominiums to Deeds of Trust When buying or selling a property, it always helps to have a basic understanding of real estate terms. In this on going series of articles, we take a look at definitions starting with “condominium.” 1) Condominium - A type of ownership in real property where all of the owners in a collection of properties jointly own everything except... 112). Real Estate Terms – From Easements to Good Title When buying or selling a property, it always helps to have a basic understanding of real estate terms. In this on going series of articles, we take a look at definitions starting with “easements.” 1) Easement – permission given to (or acquired by) someone who does not own a parcel of real property enabling that person (or entity) to us... 113). Real Estate Terms – From Home Inspections to Personal Property When buying or selling a property, it always helps to have a basic understanding of real estate terms. In this on going series of articles, we take a look at definitions starting with “home inspection.” 1) Home Inspection – an inspection of the condition of a home. They are done item by item, from roof to foundation, and include lookin... 114). Real Estate Terms – From Pre-Approval Letter to Townhouse When buying or selling a property, it always helps to have a basic understanding of real estate terms. In this on going series of articles, we take a look at definitions starting with “Pre-Approval Letter.” 1) Pre-Approval Lender Letter – a writing from a lender stating that a potential buyer has approval to borrow a stated amount of m... 115). Reasons Not To Sell Your Home Yourself Selling your home yourself can save you thousands of dollars in commissions. However, that doesn’t mean you should necessarily do it for the following reasons: Just Suffered A Major Trauma People who have just gone through an event which changed their lives in a negative way are also apt to benefit from working with an ag... 116). Renting Versus Buying A Home Renters are often in a quandary as to whether it makes sense to continue renting or buy a home. Buying a home makes more sense, particularly when taking a long-term view. Yes, even in the current hot real estate market. Renting – Advantages Renting can have a few advantages depending on the part of the country you live in.... 117). Rhode Island Real Estate – The Cozy State Rhode Island is the smallest state in the union. While Rhode Island real estate prices aren’t the smallest, the appreciation rate is healthy. Rhode Island Located between Connecticut and Massachusetts on the Atlantic Ocean, Rhode Island is a cozy state dominated by water. While a good part of the state is coastline on the... 118). Sell A Home For Free When selling or buying a home, the realtor commissions can take a serious bite out of your profit. Here’s a primer on how to sell a home for free without commissions. Sell A Home For Free When many people think of a real estate sale, they immediately groan at the thought of dealing with real estate agents. More painful, f... 119). Sell My House Quick Life can throw surprises at you that require you to sell your house quickly. If you're thinking, "I have to sell my house quick," here are a few tips. Sell My House Quick As we all know, life can take stressful turns that require quick action on your part. This may even require the quick sale of your house. Such situation... 120). Sell My House Without A Realtor If you’re thinking, "I should sell my house without a realtor," the current real estate market and explosion of the Internet will make your job easier. Sell My House Without A Realtor If you are looking to sell a house without a realtor, you are known as a "FSBO" seller. FSBO stands for the phrase “for sale by owner.” Alt... 121). Sell Old Home or Buy New Home First? Buyers who are “moving up” or “downsizing” often have a dilemma. They can’t decide whether to put their home on the market first, or contract to buy their new home first. If they put their home on the market, it might sell and then they might find it impossible to find what they want. Alternatively, if they find a home they’d love to ... 122). Sell Your House Fast There is nothing worse than putting house up for sale and watching it sit on the market. Here are a few tips to sell your house fast. Sell Your House Fast The following tips will help you sell your house fast, but we need to cover something first. If you have some type of defect with your house, it is going to have to be ... 123). Selling A Home – What Attachments Stay or Go? The home selling and buying process can be confusing. This is especially true when it is a FSBO (for sale by owner) operation. It’s even tougher when neither the seller nor the buyer is in the real estate business. This article sorts through what stays in the house or condo when it’s sold. Attachments – Literally! In most ... 124). Selling a Home – What Personal Property Stays? The home selling and buying process can be confusing, particularly when it comes to figuring out what items stay with the home. This is especially true when it is a FSBO (for sale by owner) operation. It’s even tougher when neither the seller nor the buyer is in the real estate business. This article sorts out what personal property stays with the ... 125). Selling Your Home on Your Own – Examples of Problems and Solutions What can go wrong? About a gazillion things, but this is true if you’re working with a broker, too. A broker is probably more experienced than you, and may well have confronted and solved your problem on a previous home sale. If you can stay calm and think under stressful conditions, you can be your own problem solver without the need for a broker.... 126). Selling Your Home Yourself – Pricing It Appropriately When you’re selling your own property, whether it’s a house, townhouse, condo, apartment, a finished lot, raw land, a farm, a ranch, or whatever, the first thing to get right is the price you ask for it. If you work with a broker, the legwork is done for you. When you work as a FSBO (for sale by owner), you need to figure it out yourself. Let’s loo... 127). Selling Your Home – Be Sure It Shows Well Whether you are selling a house, townhouse, condo or apartment, there are universal tips that will help it sell. Primary among those tips are making sure your home “shows well.” First impressions of a home go a long way to determining how quickly it will sell. Here are a few suggestions that will make your home show well. ... 128). Selling Your Home – What Can Go Wrong With Pricing and Loans So, you’re selling your home (house, townhouse, condo, apartment, land, lot, farm, ranch, etc.), what can go wrong? The sad fact is that a lot of things can go wrong. However, don’t despair, there are almost as many solutions as problems. In this article, we look at problems related to pricing and a buyer’s inability to get a loan. Pri... 129). Selling Your Home – What Can Go Wrong With Title and Lenders If you’re selling your home, there are going to be difficulties at some point in the transaction. Some problems can’t be fixed. It’s important to figure out whether yours are fixable or not. Then you can either fix them or move on and find another buyer. If it’s priced appropriately, there’s a buyer out there for virtually every property. 130). Septic Systems 101 for Home Buyers If you’re a city dweller who is looking for a home in the suburbs, it’s likely that you’re looking at homes with septic for the first time. This situation tends to make buyers nervous. It needn’t. Let’s take an overview of what a simple septic system is, how it’s maintained, and what you can do if you’re buying a home that uses one. A... 131). Should I Buy This Home – Heating Issues When considering whether you should buy a home, heating issues are something you should take a close look at. This is particularly true with rising energy costs. Heating Issues As you inspect potential homes, heating issues should be foremost in your mind. While obvious issues will be apparent, there are less obvious thin... 132). Should You NOT Sell Your Home as a FSBO? Selling your home yourself can save you thousands of dollars in commissions. However, that doesn’t mean you should necessarily do it for the following reasons: Demanding Work Selling your home yourself is demanding. What if you spend enormous amounts of time, energy, and concentration in your business or profession? What ... 133). South Carolina Real Estate – Past and Present Collide With tons of history and modern development, South Carolina is a unique state. South Carolina real estate is also unique because prices are so low. South Carolina It would be an understatement to say South Carolina played a major role in the Civil War. Battles raged across the land and the state has done much to preserve ... 134). South Dakota Real Estate – Step Away From The Rat Race From National Parks to a relaxed pace of life, South Dakota has a lot more going for it then you might think. With some of the cheapest prices in the land, South Dakota real estate is a steal. South Dakota If you’re looking for bustling cities and every modern convenience, South Dakota is definitely not for you. If you pr... 135). Specific Performance Demands In Real Estate Transactions Every so often, real estate transactions can go bad. This often results in one party demanding the other specifically perform pursuant to the real estate contract. Specific Performance Demands In Real Estate Transactions Once a seller and buyer agree on a price for a property, a real estate contract is signed. The contrac... 136). Taking Title of Your New House How you take title in your new home is key decision. Unfortunately, in the euphoria of the moment, many new homeowners don’t put much thought into it. Title When purchasing a new home, you become the title owner of record. Essentially, this means you are listed in public records as the legal owner. This may sound like a s... 137). Taking Title When You Buy Taking title to a home can seem like a boilerplate event during escrow, but it is very important. The prime question is how you take title. Taking Title When You Buy If you are a first time buyer, you are probably wondering what taking title refers to. It is not the act of accepting a piece of paper from the seller. Takin... 138). Tennessee Real Estate – Music to the Ears Tennessee is the state of prairies, towering mountains and country music. Inexpensive Tennessee real estate will also put a jump in your step. Tennessee Tennessee is a state with a little bit of everything. Parts of the states are comprised of lush, rolling fields with horse farms and agricultural. In other sections, you ... 139). Texas Real Estate – Property in the Big State Everything in Texas is big, including real estate options. If you’re considering a move to Texas, here is a primer on the state. Dallas Dallas is a big city with a definite oil influence. There is a certain over the top feeling about Dallas, but people are pleasant and the city has first-rate services. Make no mistake, liv... 140). The Real Estate Market in Charleston, South Carolina If you are looking to live in a historic southern city with a ton or charm, Charleston may be your answer. Sitting on the South Carolina cost, the real estate market is primed for growth. The Real Estate Market in Charleston, South Carolina Charleston is located at roughly the mid point of the South Caroline coastline on ... 141). The Real Estate Market in Jacksonville, Florida Whether there is a real estate bubble and, if so, will it pop is a popular topic across the country. The real estate marketing in Jacksonville, Florida, however, is a major exception. The Real Estate Market in Jacksonville, Florida Jacksonville is located in the northeastern part of Florida and is just below the border wi... 142). The Real Estate Market in Las Vegas, Nevada Las Vegas is known as a mecca of entertainment and gambling. Although not as hot as the weather, the real estate market is primed to take off again in this expanding city. The Real Estate Market in Las Vegas, Nevada Las Vegas is the biggest city in Nevada and really needs no introduction. With incredible casinos and enter... 143). The Real Estate Market in Scottsdale, Arizona Scottsdale is hot, hot, and hot. Well, at least the temperature is. The real estate market in Scottsdale has been very cool for some time notwithstanding national trends. The Real Estate Market in Scottsdale, Arizona Scottsdale is located just to the north and east of Phoenix. With the growth explosion in both areas, it i... 144). The Secret To Marketing Your FSBO Home For Sale You’re ready to put your home or land (house, townhouse, condo, apartment, farm, ranch, finished lot, raw land, etc.) on the market as a FSBO (for sale by owner). You’ve priced your property appropriately and gotten it ready to show. How are you going to market it so that it gets exposure to enough potential buyers to actually sell? Si... 145). The Secret to Negotiations for FSBO Sellers When it comes to buying or selling a home, the idea of having to negotiate can be intimidating. Most of us aren't aware we have negotiating skills even though we skillfully negotiate daily. (Who walks the dog, takes the children to school, goes out to pick up lunch, prepares the report, etc., etc.?) Let's debunk some myths about negotiating, shall ... 146). The Value of Building Home Equity There are numerous advantages to owning a home. One of the serious advantages is the equity that is built over time. As equity builds, you create a pool of money to access in trying times. Home Equity Equity is simply the value of a property after all debts have been deducted. If your home appraises at $500,000 with a home... 147). Things To Consider When Buying A Home When buying a home, it is easy to get caught up in emotions such as love at first site. This can lead to disaster. The best way to buy a home is to apply your daily life to it. What Do You Do Daily? Ask yourself what a typical day is like. Then, for any home that seems like a real possibility, think about how you’d handle... 148). Things to Consider When Selling Your Home Although the real estate market has cooled off a bit, it is still a hot market in historical terms. As a seller, this is good news when you decide to sell your home. Things to Consider When Selling Your Home A year or so ago, selling a residence was laughably easy. In some markets, it was clear that you could list practic... 149). Three Party Closings In Real Estate One of the ways to make money in real estate is to move property as quickly as possible. Jumping from one home to another often leads to a double closing situation. Three Party Closings In Real Estate Traditional home sales involve two parties, a buyer and seller. You may, however, run into a situation where there are act... 150). Timing Clauses Stop Sellers From Inciting Bidding Wars It is no secret that the current real estate market is hot, hot, hot. Sellers can receive multiple bids for their property on the same day. In the rush of the moment, your emotions can carry you into a bidding war. Using timing clauses can help avoid such a situation and protect you from buyer’s remorse. Timing Clauses – Drop Dead! Browse Pages: [1] [2] 3 [4]