Realtors are agents of sellers. It is their job to obtain the highest possible sale price for a piece of real estate. By law they cannot misrepresent any facts about the property, but when it comes to opinions about the investment potential of the property, or the state of the real estate market, Realtors can [...]
Entries from January 2009
Lies Realtors Tell – Ten of Their Favorites
Jan. 24th, 2009
Reverse Mortgage: Do You Really Need One?
Jan. 23rd, 2009
It can be very nerve racking trying to decide if you should move forward with taking out a loan. Borrowing money is a decision that most people do not take lightly and it is a decision that can be life changing, for both good and bad. If loans are taken out responsibly, people are usually [...]
Pick-a-Pay Option ARM Loans – What Are They?
Jan. 23rd, 2009
The Negative Amortization mortgage (aka, Option ARM or Neg Am) is the riskiest loan imaginable. It has all the risks of an interest-only, adjustable-rate mortgage, but with the added risk of an increasing loan balance. Using this loan, there is the risk of not being able to make the payment at reset, and the borrower [...]
Pre Construction Investments and Lending
Jan. 23rd, 2009
When deciding to make the move to real estate investments, you may immediately think houses and buildings as property. But what about making a pre construction investment? A pre construction investment is one that involves a raw piece of property that doesn’t already have a building on it. A pre construction investor takes the raw [...]
Having A Home In Greece Is Like Living In Heaven
Jan. 22nd, 2009
All round the world in all walks of life people dream about moving out of their present location into their idea of paradise. The interesting thing is that there are just so many different ideas of what is heaven on earth out there. To satisfy the needs of everyone you have to look at a [...]
Conducting A London Property Search In A Slow Market
Jan. 22nd, 2009
The credit crunch has been a mixed blessing for Property Search Agents. Some Clients who are keen to buy, have postponed their London property search as they can’t sell their existing home for an agreeable price. Other Clients who are in a position to buy, are keen to do so, since they feel confident of [...]
Reverse Mortgage: Important Information
Jan. 22nd, 2009
Taking out a loan can be a scary thing to do. If you are the typical person, you probably have several thoughts racing through your mind each time you apply for a loan such as whether or not you will qualify, if you are taking out too much or little, and if you can truly [...]
Why Print Ads Don’t Work For Real Estate in South Maui
Jan. 22nd, 2009
In years past, it was commonplace for real estate agents to tell their sellers at listing appointments that the home would be listed in the classified section of the local paper, and perhaps have a color ad in a local real estate guide. These print ads worked two ways – 1) they showed the seller [...]
Bank Owned Properties: What Determines “The Highest and Best Offer”?
Jan. 22nd, 2009
In the world of REO properties, known as real estate owned properties, lots of things happen behind closed doors. Banks take bids from several different real estate agents and ultimately settle on what they call “the highest and best offer” for each property. What does this mean for a prospective homeowner’s chances of walking away [...]
Know More About Properties For Sale In Turkey And Caribbean
Jan. 22nd, 2009
Some people dream of moving countries for better weather, other want to escape the dull, drab place they live and fill their lives with adventure. Still others merely want a place where they will be welcomed with open arms and feel part of a community. Everyone has a different idea of paradise. In order to [...]