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Home Buying - A Good Investment
The trend of having multiple properties is not something new but this is becoming a mass act these days.Earlier multiple buying was not very common practice but these days it’s the hot favorite of the public to buy more than one house or land or any...
Oklahoma Real Estate – Cowboys And Indians
Oklahoma is a state that conjures up images of cowboys, indians, college football and dirt track racing. If these subjects appeal to you, you’ll be happy to learn Oklahoma real estate prices are very low.
Oklahoma
Once known as the Indian...
Real Estate: Mark Twain's Case For Investing In The Bay Area & Other "Bubble" Markets
[Teaser/Summary]
Mark Twain took a long-term and somewhat philosophical look not only at life but real estate. Looking through Mark Twain's eyes, there's a strong case for continuing to invest in tight real estate markets such as Bay Area real...
Should You Try to Contract the Remodeling Job Yourself?
My immediate answer would be, probably not. The long answer would be something like this:
It depends on a number of factors. Most people who contract the job themselves are trying to save the amount of money the contractor would have grossed on...
Things To Consider Before Buying A Condo Hotel Or Resort Residence
Resort home ownership, such as condo hotels and fractional shares, is different from typical home ownership. So it is important to ask certain questions before signing the purchase agreement on a resort property. The following list of questions...
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Five Things To Do Before You Sell Your Home
1. Surf the Internet.
A NAR survey found a twelve-fold rise in the number of Internet home shoppers during the previous three years. Services found at http://Domania.com like "Home Price Check" and "Value Check" will help you assess your property’s value, using many of the same tools (comps) as a REALTOR® does. There are plenty of other real estate sites worth checking out. However, not all real estate sites are created equally, so surf wisely.
2. Determine the "right" time to sell.
Spring and fall are usually the hottest home-shopping periods, but the downside is that a glut of products makes it hard for yours to stand out. While your location can be a factor (i.e., it's easier to sell a Los Angeles home in the winter), some elements of timing remain constant. For instance, the last week of December may never be a good time to show your house. Most REALTORS® have been through years of real estate sales and can provide overview and advice that’s worth listening to.
3. Decide whether you will conduct a "FSBO" (for sale by owner), buy new construction or hire a real estate agent.
It used to be thought that selling your own home could save you thousands in commissions (about 5% to 7% of the sale price). Nowadays, brokerages featuring MLS listings and new construction are offering cash-back incentives and rebates that have blunted the appeal
of the ‘go it alone’ route. According to the National Association of Realtors, more than half of the people who do sell their home themselves say they would not do it again.
4. If you hire a real estate agent, do so thoughtfully.
Interview several candidates and check references. The National Association of Realtors (NAR) suggests that you ask prospective agents to create a comparative market analysis a marketing profile, and a suggested list price for your home. You might also want to compare REALTORS®
5. Consider MLS Listings.
Many folks just starting out may think a “For Sale” sign on the lawn will do the trick, but MLS Data (multiple listing service), which is collected by real estate agents around the country, provides your listing to thousands of people you’d never reach using just off-line techniques like newspaper ads. MLS data is fairly comprehensive, but keep in mind that not all MLS are the same. In fact, neighboring real estate franchises have occasionally been known to feature conflicting information.
About the Author: The editorial staff of Domania lives and breathes home values.
Find more advice and real estate tools at
http://www.domania.com
Source: www.isnare.com
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