Real Estate Buying

Helpful Information for the Real Estate Buyer.

Real Estate Buying

Entries from January 2009

Real Estate Agent: Choosing the Best One

Jan. 13th, 2009

Buying or selling a home is a huge time and financial investment that can create stress and anxiety. Inexperienced buyers and sellers often make the mistake of doing it alone, losing money and falling into legal or other hardships along the way. Don’t make such monumental decisions without expert guidance. Employing a real estate agent [...]

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Home Equity – What is It?

Jan. 13th, 2009

Many people who purchase real estate have no idea what equity is, what creates it, what destroys it, and what to do with it. People who purchase real estate use the phrase “building equity” to describe the overall increase in equity over time. However, it is important to look at the factors which either create [...]

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Property Market Could See Bounce as High as Fall

Jan. 13th, 2009

Residential landlords saw the values of their property fall by 12.2 percent in November, according to the latest figures for England and Wales from Land Registry. The average house price is now 161,883 pounds representing a monthly decrease of 1.9 percent. London experienced an annual decrease in its average property value with a movement of [...]

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Panama City Beach Florida December 2008 Market Update

Jan. 12th, 2009

Real estate condominium re-sales in Panama City Beach were flat in November when compared to November of 2007. Thirty-one resale condominiums sold in November 2008, when compared to the thirty-four (non preconstruction) sales the prior year. Twenty-two additional condos sold in 2007 that were sold as a result of preconstruction closings at Tidewater. The key [...]

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Home Sales Down in Stable Springfield IL. Market

Jan. 12th, 2009

Member brokers of the Capital Area Association of Realtors MLS report the first significant slowdown in home sales since 1994. Following four consecutive years of home sales exceeding the 4000 plateau, and primed for a cyclical slowdown, the economy forced the issue. The year 2008 will be remembered for unprecedented government intervention into the private [...]

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Renovate Your Real Estate

Jan. 12th, 2009

For a home to grow in value, it not only has to be well-maintained and in a desirable location, but it often must change to reflect the times. Wood burning stoves are charming, to be sure, but linoleum floors, shag carpeting, and cramped bathrooms aren’t going to put you in a competitive marketing position. In [...]

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What Does Negative Gearing Mean for Real Estate Investors

Jan. 12th, 2009

The term negative gearing is not very widely used in South Africa by property investors, in fact if you Google it you will find mostly Australian domain’s. Though the term is not widely used, we found it is extensively employed as an investing strategy and often with little knowledge of its’ meaning and consequences. In [...]

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“As Is” REO Real Estate: What Buyers Should Know

Jan. 10th, 2009

Are you interested in buying an REO (real estate owned) home at a steal of a price? Great values are abundant in today’s housing market, but be sure you know what you are getting into with REO properties. Here’s the skinny on what it means when a property is listed in “As Is” condition. What [...]

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REO Properties and the First Time Home Buyer

Jan. 10th, 2009

Buying your first home is often an intimidating process. The date of the last payment on a 30-year mortgage often looks like the setting for a science fiction film instead of the day your house will be paid off. Don’t be intimidated. The current market is the perfect place to buy your first home. For [...]

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Lose Your Money or Learn to Identify Asset Bubbles

Jan. 10th, 2009

Many people did not see the NASDAQ tech-stock bubble. Many people did not see the great housing bubble either. Those who participated in either financial mania lost a great deal of money. People need to know what to look for in order to avoid future financial manias. A financial bubble is a temporary situation where [...]

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