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Negative Gearing – It’s Not To Your Benefit!
The concept of negative gearing has been originally developed to encourage real estate investment in Australia by allowing any income losses from property investment to be deductible from other income as a tax benefit. This means that the taxable...
Pump Up The Value Of Your Rehab Real Estate Investment
There are two legal ways to increase your wealth.
1. Keep more of what you have (e.g., tax strategies, rehab efficiencies, cost savings)
2. Add value to something (e.g., a real estate investment, stocks, bonds)
Let's focus on adding value to...
Real Estate Investor Question: Rehab And Sell, Or Rehab And Keep?
Here's another awesome question I received from my discussion board. The question; Why bother keeping property after it's rehabbed? Why not sell it after the rehab and GET PAID!
Of course, the first questions that you must answer is how emergent...
Real Estate Marketing Mistakes And How To Avoid Them
The fundamentals of real estate marketing
Before we go into the best practices of a personal marketing program, it would be a good idea to touch on the key elements that make up such a program. Call it "Personal Marketing in a Nutshell."
...
Why Bulgaria
Because no other European country offers better value for your money!
Located in South Eastern Europe, Bulgaria is bordered by Greece and Turkey to the South, Romania to the North and Macedonia and Serbia to the West. Its Eastern Border is...
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Buying A New Build? Get A Realtor!
One of the biggest mistakes people make when it comes to buying a new build is thinking that they don’t need their own realtor. This is mostly due to inaccurate myths and misinformation about real estate. Let me explain why.
Why do I need a Realtor?
I guess the question you need to ask yourself isn’t “why do I need a Realtor?” A better question is “why wouldn’t I get a Realtor?” Some people believe that if they don’t use a Realtor when purchasing new builds that they will receive a price reduction or a “better deal”. This just is not true. Usually the price of a new build is not negotiable so whether or not you have representation the price will most likely stay the same.
Why do I need Representation?
The key word here is representation. It is always a good idea to have someone working for you that has your best interest at heart when making the biggest investment that you might ever make. You will have someone working for you to look over the documents to ensure that everything is in order. Most importantly your realtor can keep up with the process of the purchase to ensure everything is moving along smoothly and that your best interest is being met, not the builders.
How much
will it cost me?
The best part of having a Realtor is that it’s FREE!! It should not cost you the buyer anything. Most new builds CO-OP to realtors and actually welcome Realtors. Remember that your Realtor needs to be with you to sign you in the first time visiting new build sites. If you go without your Realtor on the first visit, the builder will not pay their commission if you decide that you want one.
So, if you are in the market of purchasing a new build home, go out and get representation. You will have peace of mind knowing that a professional Realtor is looking out for your best interest. Remember that new build Realtors work for the builder but your Realtor is working for you. Thank you and good luck with your new home.
About the Author: Erica Wilson is a full service Realtor working with Merit Company Inc. and serving the Colorado Springs and Pikes Peak areas. You can search for Colorado Springs Real Estate at http://www.springscoloradorealestate.com.
Source: www.isnare.com
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