Latest Real Estate Developments

Published April 2nd, 2009 by Mickey

February Trends False-Positive

As expected and foreseen by experts, the mild gains made by the housing market last month have been everything but permanent as the housing market continues on it’s plunge. Prices have leveled off which may be enough good news to compensate for the many who rely on the business for their income. Experts were right when they met the news with caution and with good reason, too high an expectation may send the market down than up. The figures last month were indeed a simple jump in sales and home prices but they lasted as fast as they came, a few weeks, with the rest Continue reading ‘February Trends False-Positive’

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Published March 2nd, 2009 by Mickey

February Posts Surprisingly Mild Gains

A surprise came this past month when unexpectedly home sales seemed to be leveling off and are showing signs of moderate sales in the positive sign of sales. This is however overshadowed by the rising jobless rate which seems to be placing a damper on any gains the economy is showing. Even with the Federal Government shelling out trillions of dollars, it seems to be doing little to bolster the confidence of consumers to go back into buying. This economic downturn is turning the US into a Thrift Country where everybody is on a savings spree, keeping more cash in their pockets as much as possible. Continue reading ‘February Posts Surprisingly Mild Gains’

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Published February 26th, 2009 by editor

Beware of real estate scams

With the financial crisis in full swing, many people are desperate to improve their financial situation. This phenomenon is sadly, being abused by several people who, despite the hardships others are suffering from capitalize on this to cheat money off of already financially struggling individuals.

The most common way is for victims to receive a message through email that they are qualified for loans, even though they have a very poor credit standing. These people desperate, more often than not, see this as a golden opportunity for them. They fill out forms online and give out sensitive information, as well as unquestioningly pay a “processing fee” to the alleged lending company. Once all is done, they never hear from the company again. The rule of thumb is that if it’s too good to be true, it probably is.

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Published January 30th, 2009 by Mickey

January Figures not So Good!

Home prices continue to drop even with real estate analysts they have hit rock bottom. This is the emerging trends with concerns to the real estate market and it’s causing more people to lose homes at the same time. The sheer magnitude and length of time it is taking the market to recover is taking it’s toll and not even the federal government’s bailout funds are making enough of a difference to most homeowners. Continue reading ‘January Figures not So Good!’

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Published January 6th, 2009 by Mickey

人は皆持ちつ持たれつ

画像提供：michaelasofia.com

この格言は不動産投資の事業に最もよく当てはまる真実です。 賢い投資家は、一人の力で目的を達成することは不可能だと信じています。 実際、投資家に求められているものはその反対のもので、最も重要な人的資産により編成された「ドリームチーム」の助けを借りて交流関係（広い人脈）を築くことが理想的とされています。 「新人」投資家が陥る最も一般的な過ちは、全てを自分自身で行おうとすることです。 確かに短期にみると、このことはお金の節約につながりますが、長期的にみると損失を出す結果となります。 専門家のチームなしでは、広く浅く行動することとなり、良い仕事の発見、評価、契約に時間がかかります。 この方法では、絶好の機会も逃しかねません。 独りよがりでは、専門家が一目で指摘できる明白な問題も通常見落としてしまいます。 自分の陣営の専門家のチームは、不動産の購買と運営の要として、隠れている「不快な予期せぬ事態」の発生の減少をもたらしてくれます。

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Published December 30th, 2008 by editor

2009 Predictions – Not So Good

Everybody agrees that recovery is going to be a long and arduous process. The economy is dipping further and jobs are being shed meaning people are still not focused on home purchases. People are more focused on their day to day living rather than spending so experts are fearing 2009 would not be the year for recovery. The economy isn’t stable enough and more and more people lose jobs everyday, with firms trimming off employees by at least 10% and nobody can do anything about it. Continue reading ‘2009 Predictions – Not So Good’

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Published December 10th, 2008 by Mickey

オンラインでの不動産探し

もしあなたが不動産を売る、又は購入しようと思っているのなら、インターネットは最高の助けになるという事を発見するだろう。 インターネットは人々に合った不動産を直ちに見つけられるようにした。 不動産を売却しようとしている人達にとり、ネットに不動産を載せる事で新しく、広いマーケット（国際的な）をもたらした。 また購入者にとり、インターネットは不動産の詳細を混乱無しに見れる事を提供している。 その事でガソリンや汗、ついでにたくさんの時間や努力を節約できる。 熱心なセールスマンにせがまれる事を心配する事なく、空いている違った不動産を比較し、迅速にもっと広範囲な探求をする事ができる。 またネットで不動産を探す事はより多くの選択を提案すると同時に、あなたの選択を限定してくれる。 もちろん、最初に検査する事なく購入する事は全く賢い事ではない。 そして写真と詳細は額面通りに受け取るべきではない。 候補物件を狭め、その不動産があなたの購入範囲である事を確かめた後は、見学のスケジュールを組む時だ。

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Published November 26th, 2008 by Mickey

Termites and Pests

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Experts in other fields might have to be hired like for termites and other pests or septic system experts, wells or swimming pools. After the thorough inspection, a detailed report – one expounding on the condition of the property and its major aspects, will be given to the buyer. Inspections of the house normally happens after both the buyer and the seller have agreed on a price. Now, if the selling price will depend on the results of the house inspection, a price adjustment could be bargained or repairs ( to be shouldered by the sellers) will be undertaken in the areas of the house where problems were detected.

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Published October 8th, 2008 by Mickey

No man is an island

Image Source: michaelasofia.com

This maxim has never been more true in the business of investment real estate. A wise investor believes that it is impossible to attain your goal on your own. It is actually the opposite that is expected of him – meaning he is ideally expected to build relationships (an extensive network) with the help of his “dream team” – whose members are his most important resources. One of the most common mistakes “rookie” investors make is that they try to do almost everything themselves. Of course this would save them money in the short term but they will eventually lose in the long term. The absence of a team of experts would mean spreading yourself too thinly and great deals taking longer to find, evaluate and close (if at all). Golden opportunities could very well be lost this way. One-man teams usually miss glaring issues which experts can point out at a glance. A team of experts in your camp will reduce the “nasty surprises” that are bound to be waiting for you, as part and parcel of buying and managing a property.

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Published September 29th, 2008 by Mickey

Online Property Searches

If you’re looking to sell, or buy real estate, you may find the internet a great help. The internet has made looking for the right property readily available. For the seller, posting their property online has brought a new and wider (even international) market. For the buyer, the internet allows them to view property descriptions hassle-free. It saves a lot of time and effort, not to mention gas and sweat. You can also do a faster, more comprehensive research and comparison on the different properties available, without the worry of being hassled by an eager sales agent. Looking for property online can also narrow down your search, at the same time presenting you with more options. Of course, it’s never wise to purchase a property without inspecting it first. Pictures and descriptions should also not be taken at face value. Once you’ve narrowed down your prospects, then and ascertained that the property is within your reach financially, then that’s the time to schedule for a tripping or a visit.

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