Archive for November, 2007

Nov 29 2007

No One Gets Paid Until Something Closes

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In real estate, one thing always holds true, closing is the ultimate goal and can result in a nice payday or a miserable experience for the real estate investor. No matter whether you are new or a seasoned investor, it’s no secret that keeping the deal together once you’ve put it under contract can be challenging and time consuming. However, with the right tools, systems and possibly an assistant, it can be a much less work and result in a more successful process. Here are a few things to incorporate into your real estate investing business:

1. Checklists – A simple yet comprehensive checklist that can remind you of the steps and actions needed to manage a transaction from contract to close. Knowing exactly what must happen and what has taken place can free you up to focus on finding more deals or just enjoying more free time in your life.

2. Calendar Reminders – Once you have the deal together and the contract signed, take a few moments to add reminders to your PDA, Smart Phone or other calendar to keep you on top of the deadlines. Knowing the inspection and financing deadlines can help prevent you from losing a lot of money and becoming frustrated

Insider Hint – when the contract calls for deliver of something by a certain date, set a reminder the day before. Calling someone the day before something is due and reminding them will catch them off guard. This will make them more likely to take or return your calls and help you not to forget to take care of this the actual day the item is due.

3. Communication Log – Keeping notes on your conversations, emails and other events in a transaction is essential. When you take the info out of your daily thoughts and put it into a communication log, you are giving yourself the opportunity to focus on something else other than your last conversation with the seller. Additionally, should you ever need to defend yourself, this detailed communication log can be critical.

4. Organization – This is without a doubt an ultimate MUST. Taking the time in the beginning of a transaction to set-up a file either online or in an old fashioned paper folder will enable you to handle more business simultaneously. No matter what your business is, you have to make the highest and best use of your time. Keeping your transactions organized will truly empower you.

5. HUD-1 Settlement Statement Review – Making the time to thoroughly review and understand this document BEFORE your closing is the key to making sure that the deal you put together is the deal that closes. Having the title company or closing attorney who is handling your transaction send you a preliminary HUD as early as possible will provide you the time needed for review. When the time comes for you to sign the HUD-1 Settlement Statement, you can simply refer to the preliminary one you received and compare the two.

Real estate investing is a wonderful and generally very lucrative business. It provides the business owner the opportunity for large financial payoffs, extreme flexibility and a small investment to get started. With the right training and tools, you can be a very successful real estate investor in no time. Having a team to help you with your business can speed up the process and enable you to have greater success and more free time. Experts agree hiring a virtual closing coordinator will provide you more time and much less stress during this part of a transaction. For more resources on the contract to close process such as training, closing coordination services and reference materials, go to www.OnlineClosingTeam.com

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Nov 24 2007

Explaining Fort Lauderdale Real Estate and Its Progress

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For commuters, getting around south Florida is also convenient. Interstates 95 and 75 make access to nearby attractions and three international airports very easy indeed. If raising a family is on your mind as you look at homes in Fort Lauderdale, you’ll be comfortable with the strong school system and various universities and professional schools in the immediate area. Its diverse population is solidly educated, 80 percent with a high school diploma, 30 percent with a college degree, and 11 percent with a graduate degree. So you know education is at priority here. The system here is much alike to others the only difference is that Fort Lauderdale offers a different take on it. As much on a professional stand point they have what the rest of South Florida has to offer.

It is also known that it is popularized after the 1960s spring break movie Where the Boys Are, is has been a common knowledge that Fort Lauderdale has been popular ever since among visitors of all ages. Kayaking, scuba diving and snorkeling, and a busy marine industry keep water lovers happy. Attractions include its 165 miles of navigable waterways, which earn it the nickname of the Venice of Florida, a botanical garden and aviary, Flamingo Gardens, and various museums of art and archeology.

I like to point out that Fort Lauderdale has been one of the finest real estate locations in the whole state. Median house value in 2000 was about $150,000. A realtor will have realistic market prices at his or her fingertips, but expect a range from about $150,000 on up to $500,000. Fort Lauderdale city’s population of some 153,000 lives in–at the time of the U.S. census of 2000–approximately 68,500 residential dwellings, some 38,000 of these are owner occupied, and the remaining 30,500 renter occupied. The majority of Fort Lauderdale homes were built since the 1960s. Investing in Fort Lauderdale can always be a big plus on the state’s overall progression.

Jron Magcale

http://cervera.com

Jron c. Magcale from Jump2Top – SEO Company

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Nov 20 2007

How to Sell Houses at Auctions

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Advertising your property at auction can be an immense way of selling your home as quickly as possible. But keep in mind to pack your bags in time – you will have to renounce the keys 28 days following the auction date.

    Some of the advantages of selling at auction could be:
  1. Instant trade of contacts
  2. Cash acquisition / subsidy in place – minimum 10% deposit remunerated at Auction
  3. Not subject to agreement.
  4. Finest value achieved through spirited bidding.
  5. Market publicity – loads of auctions exert a pull on 100’s of impending buyers.
  6. Predetermined end date.
  7. Speedy sale – without compromising sale value.

Take care to choose the right auction home. This involves selecting an auctioneer who offers assets analogous to yours, within the equivalent cost range. Choosing an inappropriate auction house greatly minimizes your odds of getting a constructive deal on your house. Also, execute a property assessment before you settle on the reserve cost sequentially to guard yourself against a highly inauspicious sale.

The Costs

The auctioneer will charge you for the commercial in brochures and catalogues, a price that you will have to wrap despite the consequences of whether your property is sold or not. You will also have to reimburse a payment of around 2.5 percent of the sales price. Ahead of signing any contract, note all the operating cost you will have to wrap, even if your house is not sold.

Proceedings

  1. Lay down the reserve cost
  2. Organize a deal
  3. Unfasten your property for viewings

Once the auction starts, the sale is authorized and legally compulsory. The purchaser will have to pay you 10 percent of the settled sales price right away, the excellent balance within 28 days after the auction. If he fails to do so, file a suit against him!

The Disadvantages

You can by no means be acquainted with how much your property will sell for. An auction is a exceedingly unpredictable marketplace – if there is no stipulate on the day of your sale, you might end up selling it below its market worth.

You will have to reimburse your solicitor to be there at the auction in order to reform any final irregularities and come back with questions. Depending on how keen your solicitor is about itinerant, this can be rather an expensive issue.

A few people believe their confidentiality sullied at auctions, as the properties have to be open to prospective buyers and their surveyors.
Promoting your house at auction can be pricier than selling it through an Estate Agent. Moreover, you will have to wrap certain operating expenses even if your property does not vend.

Ron Victor is a SEO copywriter for http://www.webuyhousesforcash.com
He written many articles in various topics.For more information visit http://www.webuyhousesforcash.com
Contact him at ron.seocopywriter@gmail.com

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Nov 16 2007

Beautiful North Cyprus Property Options

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There are so many beautiful North Cyprus property options available that it is very difficult for prospective buyers to make a decision as to which type of property they wish to purchase. The problem is not so much in the properties themselves but in what area of North Cyprus they should buy. There are so many options that those unfamiliar with the island are well advised to seek the advice of local residents and solicitors in the area to which they intend to relocate.

You can have a wonderful apartment overlooking the Mediterranean, or a country villa set in the beautiful wooded hillsides that are dotted with crusader castles. Alternatively, there is the medieval town and old Venetian harbour of Kyrenia that with its castle provides a wonderful setting for a North Cyprus property that has been unspoiled over the centuries. North Cyprus is blessed with a unique mix of beaches, plains and mountains, and provides a geography that should suit the needs of anybody seeking a Mediterranean retreat for their retirement, or even just as a holiday home that they and their friends and family can use for vacations all year round.

The prices of North Cyprus Property are very attractive. You can still get a three bedroom villa with a swimming pool overlooking the Mediterranean for $200,000, the cheapest in the Mediterranean area. This is the reason why many people are tending to purchase North Cyprus property in developed complexes. Such complexes are offered with a wide variety of community resources. People buy North Cyprus properties such as these as retirement homes and vacation get-aways.

It is not only the climate that attracts people, but also the prices since the high costs of South Cyprus have yet to reach the North. As long as you use a local solicitor to help you to purchase your North Cyprus property, as you should do when buying real estate in any other country foreign to you, then you should find it a simple procedure to procure the property that your heart is set upon.

The climate is a mild Mediterranean one which is neither too hot nor too cold for the average American or European, and who in their right mind would turn down the opportunity to live in a North Cyprus property such a wonderful country. The people are friendly, the food is fantastic and the local produce is inexpensive and of marvelous quality. The produce of local markets is far better than the produce you get at the supermarkets back home.

SeaTerra Reserve, located about a half hour drive from Kyrenia, offers a wide range of residential options with integrated sports and leisure facilities, and is just one of many complexes being developed in North Cyprus for permanent or vacational residential use. Most North Cyprus property here is close to attractions such as a full 18 holes golf course.

North Cyprus property is becoming increasingly popular for holiday homes. If you plan to purchase a property make sure to get a good bargain by taking advantage of the currently deflated prices. It will not always be like this.

North Cyprus property – SeaTerra is the leading developer of luxury gated complexes in Northern Cyprus, lead by foreign executives with many years of international construction and development experience.

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Nov 05 2007

Real Estate Mentoring, Coaching and Consulting

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Real Estate Coaching and Consulting. I have tried to give a complete overview in the field of creative real estate including foreclosures and more. However based on my vast experiences in most all the areas of creative real estate, I could easily write volumes of books in exact detail of what to do and not.

As in most cases, a few readers may pick it up and run right with it, but for the most part, the high percentage would prefer to ride along, watch, observe, be able to ask questions at will, to shadow and witness all dealings until a high level of comfort could be established. The memory and attention span is only so long.

When I started in this business there were very few books to read and certainly no boot camps to attend. I bought the few courses that were available, but they were at best wrong and a fictional accounting of how not to do it.

“Just add water and use, legal in all 50 states.” They were someone’s distorted fantasy in a dream world and would absolutely not work short of creating a serious effort in futility. There were professional marketers, writers and speakers, with very little to no actual experience.

As I have read most all of the books by “gurus and experts”, I really do believe that most have never done any of the deals that they so proudly write about. More, wannabe’s and I wish I had done these deals.

Please, let me be brutally honest with you, I have lived in the trenches, fought the battles, wrote the paperwork, had legal challenges of ignorance, and have cashed the BIG checks, many of them. I know what works to make money, and that which is a dead end effort to going broke. I’ve done them all.

Anyway…my point is, if you are serious about getting into the creative real estate business, getting your foreclosure resolved, selling your property, buying an investment property, doing a short sale, or generally gaining more valuable knowledge that may assist you in going to the next level in real estate, then we should by all means talk and see if there may be a fit for us?

If you are serious…what is it worth to be able “get it” right now, start earning profits right away, and to live your dream? To have a mentor that you can call, e-mail and fax to that can give you the correct answer right now with guaranteed results, would that work for you?

Don’t have to pay crazy expenses to sit for days at time in a classroom with 100 others trying to drink out of a fire hydrant, and come back home only to remember what you forgot? Or…to fill up the shelves of the den with books and tapes that…well someday I’ll get to it (a round TUIT)?

Hey, let’s just start today and as Nike would say…”Just Do It”. I have many programs that can work for both of us, sorry, no tapes or boot camps. Please contact me and I’m sure that I can get you “jump started right away.”

To learn more about the amazing value of real estate coaching and consulting, please visit our website or contact us for more in depth information. Have questions…please contact us.

Clint Cohen is a renowned national expert and guru mastering in real estate investing and creative real estate solutions. Clint is also a national award winning builder, remodeler and developer with over forty years of successful business operations. Married and a father of two grown daughters and two cats.

Clint has authored several books and has created, written and implemented many proprietary forms, agreements and exclusive paperwork for all his business ventures. An author, writer, reader, teacher, developer, trainer and lecturer complimented with a very expansive and extensive collection of true and real life experiences. http://www.truthofrealestate.com/profits

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Nov 02 2007

Celebrity Gossip and Dirt

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Celebrity gossip has become a cottage industry in the media, especially after the advent of internet. There are a number of dedicated websites, which provide content on the love life of celebrities, usually with enthralling text and revealing content. A mere Google search on Paris Hilton or Maria Sharappova would lead you to a galaxy of websites, some of which may contain even porn content. That these websites and tabloids in print media, most of which survive by telling the readers the love affairs and idiosyncrasies of various celebrities, generate a considerable amount of revenue tells us that there are people who crave for this kind of news. “Sex sells” is an old saying; but it seems to be relevant in all ages.

Generally, people are curious to know more and more details about celebrities. Since they always remain in public glare, it is inevitable that the life of a celebrity is almost like an open book. There is no room for secrecy, and people always read between the lines. As far as media is concerned, it is easier to get news and images about celebrities than getting hard facts. Moreover, one can reasonably assume that the news and image will get noticed. Sometimes the celebrities themselves cleverly plant certain news about themselves in the media, which they think would fetch them some benefits. Some of the people, especially fans, who read this kind of stuff feel somewhat “empowered” after knowing a great deal about the private life of a celebrity. So celebrity gossip is definitely going to continue in the media, despite the criticism from some quarters. One cannot withdraw a selling commodity from the market.

The downsides of this kind of cheap celebrity gossip are many. Most important thing is that it affects the basic right of privacy of a person. Not all celebrities enjoy the kind of public and media attention bestowed on them. Sometimes, the intensity of the media glare breaks down the celebrity. Also, there have been rumors published in the media, which caused divorce in many celebrity marriages and resulted in breaking up of many long-lasting relationships. The case of Princes Diana is an example of such harassment by the media. The rigorous pursuit of Paparazzi photographers can be attributed as one of the causes of her death in an accident that occurred while fleeing from Paparazzi. Another more devilish tendency is taking photographs and video of the celebrities without their permission and sometimes without their knowledge. Most of the photographs are taken from cute angles to improve the glamour quotient. A more dangerous trend is digitally morphing the image of the celebrity to some sexually explicit content. Media also turn a blind eye on ethics while publishing unverified reports about a celebrity because they know that most of the readers are interested in celebrity gossip however dirty it is.

Ian Pennington is an accomplished niche website developer and author.
To learn more about celebrity gossip and dirt, please visit Entertainment News Online for current articles and discussions.

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