Newsletters are among the easiest and cheapest marketing tools available to real estate agents to reach a large audience. Email newsletters are particularly effective, as people will forward the newsletter to friends and colleagues who are looking to sell or buy a property, often giving real estate agents who send out newsletters a competitive edge. A regular newsletter keeps your relationship strong with previous clients, so your clients are likely to come back to you when selling, buying, or leasing a new property. Read more »
Understanding Home Inspection
October 20th, 2011 
ubuy1realty Any person can inspect a home and make a decision as to whether it is attractive or not, and whether it is worth the money being asked for. If you are looking to buy a home, you may notice freshly painted walls in very attractive colors; you will find that the home has the required number of bedrooms, the perfect kitchen that you have ever dreamt of and more importantly, the perfect location with great amenities such as schools and hospitals. However, have you thought of less visible parts and aspects of the house?
Rest assured it takes an expert to determine whether or not the functional and critical aspects of a home are in great shape. Just by looking at a house, how will you be able to determine if there are electrical problems, plumbing problems, drainage problems, structural problems, the state of the heating and cooling systems of the home and literally thousands of other parts and aspects that could be cause for concern?
How to Determine What You Can Afford When Buying a House
October 20th, 2011 ubuy1realty Whenever you are considering buying a new home, your first move should be to accurately know what your budget is. House buying can be a very tedious job. A lot of things factor into handling your finances in these situations. You can ask yourself simple questions like exactly what can you afford, but narrowing this figure down to better accuracy is what you want to do. When done properly you will be able to handle this critical purchase.
There just isn’t anything like buying your own house. You are gaining a good investment that can keep you going through the years and generate cash when you need it. If you value appreciates you even make a profit, but even before that your first step needs to be figuring out your finances.
First Time Home Buyer Tips on Finding the Ideal Home
October 20th, 2011 ubuy1realty There is no secret really when it comes to finding the most ideal home to buy. While there are countless techniques and theories that are meant to help make the process of finding a home easier and effortless, you can rest assured that finding the ideal home boils down to lots of perseverance and good luck. You should be willing to work extra hard and to place yourself at the most strategic position and at the most opportune time for you to be able to find that dream home. So how do you go about that?
First and foremost you need to determine and set a budget. It is highly likely you will buy a home through a mortgage. Are you qualified for a mortgage and if yes, how much can you raise as the down payment? These are things you should know before you start searching for your dream home. Here is a reason why. You can spend all the time and money in the world in search of the best house is the world, once you find it and start following up on the mortgage application process, someone else who has already finalized on their mortgage process will come in and close the deal.
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Deciding Not To Use A Real Estate Agent To Sell Your House
October 20th, 2011 ubuy1realty If you don’t like the idea of paying out a commission for selling your home, then sell it by yourself. This will mean being pro-active. You will have to do all the scheduling of appointments and handle the negotiations. You will have to get involved with advertising as well.
One of your most important tasks will be to figure out the financial aspects of the deal. You will need to determine how much you will actually save by leaving out the real estate agent. In general if you refuse to use a real estate agent you can save yourself 50% of a 5% to 7% commission. On a $250,000 home that comes to around $6,000 to $8,750. This is assuming that the buyer is using an agent.
Buying Foreclosed Homes
October 20th, 2011 ubuy1realty Buying foreclosed homes can save a lot of money but you need to understand exactly what you’re getting into. You will find some differences when you buy a foreclosed home rather than a traditional sales. We are going to highlight some of those differences now.
Most of the time people are compulsive when they buy a home. They find a home first and then go looking for the financing. When you buy a home that has been foreclosed on then you want to already be pre-approved for your financing first. After you locate the home you are going to purchase, there will be little room for any price negotiations.
You might have to look at many houses before finding the one you really want. It can be difficult and a grind because you have to consider several offers until you get down to the one that is acceptable, but if things go the right way you can save yourself lots of money and that makes the effort worthwhile. Read more »
Matthew Perry sells his luxury condo
August 21st, 2011 ubuy1realty According to Los Angeles Times, actor Matthew Perry puts his luxury West Hollywood‘s Sierra Towers condo on real estate market for $2,995,000. Same source reported that actor has closed a deal for a property in the Sunset Strip area earlier.
The unit, which he purchased from Elton John in 2005 for $3.2 million, is on the 22nd floor. It has 2 bedrooms and 2.5 bathrooms in 1,672 square feet of the tower at the corner of Sunset and Doheny. The modern condo sits on the southeast corner of the high-rise with walls of glass and a balcony offering skyline views. According to the property description posted on Partners Trust:
FUTURE OF HOUSING MARKET
July 18th, 2011 Gene Future of the Housing Market
Home prices increased from April to May of this year by 1.3 percent, according to the Standard & Poor’s/Case-Shiller 20-city home price index. The credit for this largely goes to the government’s home buyer tax credit, which expired at the end of April.
The general thought out there seems to be that the housing market has been bolstered by the tax credit–which was the point–and now will come tumbling down again. Maybe not, says University of Chicago economist Casey Mulligan. Even the home price index report points out that May is historically a strong month for home sales.
The Home Buyer Tax Credit was part of the American Recovery and Reinvestment Act of 2009, which passed in February of 2009. The tax credit was originally an incentive for first time home buyers, but later was extended to include qualifying home owners purchasing a new home. Reporting on the New York Times Economix blog, Mulligan suggests the math is faulty when it comes to crediting this tax credit for the latest rise in the housing market. Read more »
