Tips on Buying a HUD or Foreclosed Property
by Mike Adams
Everyone has heard that buy a HUD or Foreclosed property as a real estate investment can be a great idea, with high potential return on investment. This is true in most cases. There are pitfalls and potential problems that must be examined first and during this process to minimize the risk. Here is how the process should work for you.
Buying a Home? Your also Buying Insurance!
By Mike Adams
If you are a first time home buyer, or if this is the fourth home you bought your also an insurance buyer. Most Real Estate Agents don’t mention too much about insurance because it is not a product that they handle. They will (or should) tell you you need to get a homeowner policy on your new home as soon as your offer is accepted and point you to the phone book. That is about all that is said. What not said is important can save you a lot of money both in the short term and over the term of the loan.
Here are some things you should do……
Foreclosure is a unthinkable situation for a home owner, but it is an unfortunate part of life. This is not about preying on people in their time of misfortune and taking advantage of them. Once you have learned the techniques behind foreclosure profits you will be able to help people to get out of the mess they are in. As long as they are not to far along and still have means to pay. You could literally become their savior and help people everyday, and while doing so make some pretty serious money in doing so.
Real Estate Communications Northern Indiana, Chicagoland, Southern Wisconsin
by Mike Adams
Many Real Estate Agents and local consumers are signed up with Verizon, ATT, of to a lesser extent US Cellular, Sprint, and T-Mobile. Theses are fine companies and have great service, but there is a new kid on our “block” that you should look at.
Real Estate Agent Safety and Security
Danger is Not Always Easy to Identify
” Gut feelings” Hesitation” Unexplained fear ” Apprehension”
These are signals that something isn’t right!
Joan Malone knows by firsthand experience that intuition can be a valuable tool for survival. She had told her husband that a particular customer had made her uncom-fortable, but she agreed to show the man more homes despite her gut feeling. Other indicators talked her out of listening to her unexplained fear – she had met with the well-dressed man who said he was an attorney twice before; once with family members present.
There is much more information and 3 simple forms that should be part of your offices routine, no matter how big or small. This was developed by the KY Board, but it’s application is universal.
Real Estate Agent Safety and Security
That reminds me of some of the safety precautions one should take…
Never show a home without another person knowing you itinerary. This can be fellow agent, your office manager, your company receptionist, the floor person ( make sure your info is passed on) or a trusted friend. That person should call your cell phone from time to time to insure your well being. Never meet a stranger at a home. Always meet at your office.
The median selling price in the five-county area was $125,000 in November, up just 4 percent over one year ago, according to Greater Northwest Indiana Association of Realtors figures. The association serves Lake, Porter, LaPorte, Jasper and Newton counties. In the five counties served by the association, 710 homes were sold in November, as compared to 479 in November 2008. The new incentives for home buying are giving relief to sales agents, who have suffered through one of the worst housing slumps in decades.
Find Out How To Start Building Your Real Estate Portfolio by Daniel Mc Grey guest author Nowadays, many people are wondering how to make their way into the real estate industry. First, you need to make sure that you really want to be in the business. Once you are ready to take on the challenge, [...]
Many landlords pay managing agents to manage their lettings, hoping to avoid calls on Sunday evening from irate tenants with a broken down boiler. Generally they are looking to secure some peace of mind knowing that their tenant – and their property – will be properly looked after. But some landlords get more than they bargained for…
How to Make Money in Real Estate by Flipping Houses by Chris Johnson, guest author How to Make Money in Real Estate by Flipping Houses Perhaps you have heard the term in real estate called flipping but are not quite sure what it means; very basically it means buying a home relatively cheaply and then [...]
Of Interest…
Tom Hopkins Blog Real Estate News- Up to the Minute
A lot is said about coverage maps these days. You probably spend most of your time here, NOT in a plains state. I do. Great plans, Superior LOCAL coverage here at home!
Unlimited Talk and Text Starting at $35/month
Beats
I Pad by a mile
Archons
9 $539.99
Views from Steve Dalton,Sierra Pacific Mortgage Northwest Indiana Insurance Aaron Simac The Times area Headlines Real Estate for Sale Valparaiso Buy Owner Real Estate Services Post-Trib Business News Post- Trib News NorthWest Indiana Real Estate Real Estate Video
Agents Database
Buy HUD HOME
Chat Agent Service