Let's begin this article, by agreeing, no two homeowners, considering selling their homes, are exactly the same, nor necessarily possess precisely the same motives and reasons. However, it might be helpful, if we realized, most homeowners find the process of selling their houses, and relocating, to be a somewhat tense, emotional, stressful period. Perhaps, identifying the four major reasons people sell, and looking at their objectives/ goals, might be a beneficial one, because it will help create more empathetic real estate agents, who focus not only on the technical aspects of the transaction, including marketing, promotion, etc, but on the client's needs, concerns, and priorities, as well. Here are 4 main objectives, it has been found, most home sellers, possess.
No matter how much we love our homes, sometimes it's right to move on.
It might be that they cost too much to maintain, or that they're no longer in the right location. We could need a bigger home, or it might have come time to downsize. Whatever our reasons, all of us find ourselves on the housing market from time to time.
Over the years, we've seen countless home buyers and home sellers, and though we're not involved in the buying and selling game, we've accumulated a great deal of knowledge about the housing market. Indeed, one of the most common questions we're asked regards what actually determines the value of their property on the open market?
After more than a decade, as a Licensed Real Estate Salesperson, in the State of New York, I have witnessed nearly every scenario, behavior, etc. However, perhaps the most important, as it relates to homeowners, desiring to sell their homes, is determining the listing price, and understanding the reasoning and reasons, behind a variety of listing price/ pricing strategies. However, before we proceed with this discussion, let's discuss one of the biggest stumbling blocks, which many homeowners, impose on themselves. It's amazing how many times I've heard a homeowner explain why they wish to price their house higher than what the competitive analysis of the market, might indicate to be the wise course. This explanation is often, they want to use a higher listing price, so they will get a better price for the house. If, only it was so easy!
We are finding out the hard way in a Contract for Deed we purchased in Alabama about the Power of the Power of Sale Clause. The Power of Sale clause is one of many clauses written into most mortgages which will allow the lender or owner of the mortgage the power to sell the property in the event of a default by the homeowner, in order to pay off the mortgage debt. It is for all purposes the equivalent of a foreclosure, without having to foreclose judicially in non-judicial States.
It was a rainy and cold January morning. I was wet and miserable, yet I was running in a formation at 6 in the morning chanting about killing the enemy. Drill sergeants were yelling and screaming while people were falling out of formation, some to puke up the previous night's dinner. I did not dare fall out of that formation. I was already on the "shit list" for laughing at a drill sergeant a few days earlier. One drill sergeant kept shouting the same thing over and over. "No Excuses!!!" I made it to the end of the run that day with less than half my platoon, soaked from sweat and rain feeling sick to my stomach, yet proud of my accomplishment.
The easiest way to obtain such data is from a licensed real estate agent. They can provide you with details about recent condo sells and the prices they sold for. This includes the location so you can compare prices for various neighborhoods. Such information is public record so you can get it on your own too if you aren't using a realtor. It does take time to compile though.
Get it in Motion
You don't want to drag your feet when it comes to getting one of the condos for sale in though. Most of them don't stay on the market long at all. If you wait, the prices are going to continue going up. You also risk the locations where you would like to live not offering much. Prime locations such as the downtown area sell very fast!
What does it Mean?
There is a difference between getting pre-qualified and pre-approved to buy one of the condos for sale downtown. The difference is a pre-qualification means you may be able to get the loan based on skimming of your income and other information. This is why you may get pre-qualified credit card loan offers from time to time. The information usually comes from a list.
When you are pre-approved for a real estate loan, it means you are able to get that money. You can use it to buy one of the condos for sale downtown that you are in love with. This process involves you actually applying for a loan, providing all of your documents, and completing everything the lenders needs to get you approved.
Investing in real estate has become a trend in India. Not only the residents, NRIs are also showing a great interest in Indian properties. Owning a house is a symbol of prosperity but owing more reflects affluence. Despite the fact that investing in Gold and Mutual Funds is more convenient and beneficial, real estate tops the list. 2007 was considered as the golden era of real estate in India and the boom subdued subsequently but seems like 'Achhe Din' are back. The number of home buyers is rising. There would always be a need for homes to live in, so this makes sense to buy a property. Let us see some facts that one need to know before buying a property this year.
You know the feeling, Christmas is fast approaching and the whole family is coming for Christmas dinner. All of a sudden you find yourself playing caterer, cleaner, menu designer, shopper, waiter and, of course, Chef! The pressure is rising you as you battle through the options of how you can possibly cook a turkey for 20 people, with all the trimmings, but you battle on anyway. The big day is planned! And a month out - what could possibly go wrong?
Aside from negotiating and sales, tenant screening is the most profitable skill a landlord can have. Why do I say that? Because if you don't screen tenants you won't have a profit. This month we are going to discuss how to properly screen a tenant. I have purchased several homes from beat up and tired landlords and it almost always was because they did not screen the people they put into their homes. It is important to understand that as a landlord you are providing a significant amount of credit and you need to protect yourself like any other creditor would.
Why should I hire the services of the rental property management organization to look after my property given on rent? It would be the first question from every landlord who has given his property on rent, if you ask them to use the services of any such group existing in your city. You will agree that when a person lets his house or any part of his house for rent, his main goal is to earn profits from it to enjoy a better life and make payment of his various bills.
If you are looking to move out of your home to a new destination, why take a headache upon yourself? Why not let a dedicated company take care of everything while you tend to more productive tasks at hand? These professionals are trained to handle relocations of any kind. By entrusting these professionals with your house or office move, you will ensure that the whole process is conducted smoothly and in the most hassle free process.