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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 Terms – From Home Inspections To Personal Property
When buying or selling a property, it always helps to have a basic understanding of real estate terms. In this on going series of articles, we take a look at definitions starting with “home inspection.”
1) Home Inspection – an inspection of the...
Taking the Time to Find the Best Home Improvement Loans
The best home improvement loans usually aren't going to be the first loans that you encounter, but if you're in the market for a loan to pay for repairs, expansions, or improvements to your home or other real estate then it might be worth your...
The Basics Of Real Estate Investing
Real estate investments may not be everyone’s cup of tea, but some people who have already tried investing in real estate know that it can be profitable. Real estate investment experts say there are several keys to making significant profits in real...
Wired. It's More than the Name of a Magazine
Recently I posted a couple of articles on my blog that discussed the new products that were being introduced at February's International Homebuilder's Tradeshow in Orlando, and how they will ultimately change the way new homes are built in the...
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HOUSES WITH DAM(P) BASEMENTS WON’T SELL
A real estate agent’s gut-wrencher: The prospect turns to hubby and says, “Isn’t this so homey and practical and just what we were looking for. Now, let’s go down and look at the basement.” They open the basement door and get the feeling that Noah must have been running an all-nighter down there!
“What did you say the asking price is? Hmmm, well we have a friend cross-state who just had their basement waterproofed and dried out and it cost them over fifteen grand, so we’ll just lower our offer by that much for openers so we can fix the basement.”
Well, with a little forethought and action, the sellers could probably solve that dam(p) problem for about 2 to 3 thousand and the new dry basement may very well become the final clinching selling point!
THE FOUR STEP SOLUTION TO A HAPPY
CLOSE—
1. Learn online: the why’s and how’s of basement water problems.
2. Fortify yourself by knowing the over-sell’s and the gotcha closings of the waterproofing professional salesman.
3. Choose a contractor who has been around longer than the last big rain.
4. Get a sign-off from the buyer that the work done will be acceptable without any further obligation on your part. The buyers will rely on a good contractor’s guaranty.
About the Author
Jack Overton has been in residential waterproofing sales, installations and service for 30 plus years. He has put together a 32 page illustrated volume that will tell you everything you ever wanted to know about basement waterproofing but were afraid to ask. It is a scambuster’s dream.
Visit www.NPImall.com for the download.
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