RSS Feed
Twitter
There are some things that your real estate agent isn’t allowed to tell you – legally or ethically. Watch & find out what they are…and where you can get the info you want!
Posts Tagged ‘Things’
Things real estate agents CAN’T tell you:
July 15th, 2010 
Pete 
10 Things to Look For When Buying Ranch Real Estate
January 9th, 2010 Pete Looking for ranch real estate? Well, you are not alone. In the last five years, this sector of real estate has grown dramatically and as a result, the number of ranch properties for sale is on the rise. Owing to the increasing number of options available, you are sure to find a ranch property that suits your needs and fits your budget. Here are 10 things to look for when buying ranch real estate:
1. When you are searching for ranch real estate, one of your main concerns should be water. Look for land that has an abundant supply of groundwater as well as creeks, artesian wells, and springs. The water can be used for field and pasture irrigation, watering livestock, and for your home. Ideally, a ranch property will feature a domestic well containing fresh water that will meet all of your domestic watering needs. Make sure you have rights to the water on the property before purchasing it.
2. Avoid buying property in an area with many natural predators. Natural predators can pose a threat to livestock and crops, making life very difficult for you in the process. Research the types of wildlife than live in the area prior to purchasing a parcel.
3. Find a spacious area with ample country that allows you to run livestock and horses without endangering wildlife.
4. Buy property in a well-preserved area with land that features rich soil, flourishing fauna, and clean air.
5. Look for property that has plenty of grass. Grass is important because although you can provide your livestock with hay and other feeds, you can save a lot of money if there is grass on the property. Make sure that are plenty of grass pastures to feed the livestock you plan on having on your ranch. The more livestock you plan to have the more grass you will need.
6. Make sure there is plenty of shade on your ranch because your livestock will not feel well out in the sun all day, particularly during the summer.
7. Find out what kinds of weeds are growing on the property because some types of weeds can be dangerous to your livestock.
8. Don’t buy ranch real estate in a flood zone. Do your homework to ensure that the land you are buying cannot get flooded. Floods can lead you to lose feed, livestock, and buildings.
9. Make sure the ranch has clear boundaries that are marked or fenced off.
10. Find a ranch that is easily accessible. You must be able to get easily in and out of your ranch, or in other words, there needs to be an access road leading you off the ranch and into town. A ranch that doesn’t have easy access can cause you many difficulties down the road.
Keep these tips in mind when choosing land for your ranch. Prior to deciding on a parcel of land to purchase, make sure that it offers what you need in order to be successful and happy. Do plenty of searching to find property that provides you with what you need at a reasonable price.
Things to Know While Investing in Mexico Real Estate
December 29th, 2009 Pete If you are a savvy investor, you will know that diversification is the way to go. Thus, instead of putting all your money in US properties, it may be a good idea to try investing in Mexican Real Estate. Why Mexico? Well, aside from the fact that market conditions in this Latin American country is entirely different from that of the US, the proximity of Mexico to the US makes checking on a property easier. Besides, there are over one million US citizens who are already permanent residents of this tropical country. Property experts believe that the real estate market in Mexico will continue to rise, as more baby boomers plan to retire in a tropical haven within the next few years. However, before you spend any money, you need to know some important tips on how to invest in Mexican real estate market.
The first thing you need to do if you plan to invest Real Estate in Mexico is to check the location of the property. If you intend to buy a vacation or retirement home in Puerto Vallarta, for example, it would be a good idea to stay in the area for a few weeks. In fact, you should also make it a point to visit the location not only during the peak season but also during the lean months. Inspecting the site will tell you if the living condition in the place you are planning to invest in is comfortable or not. Also, if the home or real estate you intend to buy is an old building, it may be a good idea to bring a third party expert so you know that you are not paying more for something that has less value.
First-time Mexico real estate investors could learn a lot from people who have already invested in the country in the past. So if you want to buy a property in this country, you should ask your friends or surf the Net for information about the problems that they faced when buying homes or other real estate properties in the country.
Lastly, you definitely need the help of an expert for Buying property in Mexico. Investing in a different country can be tricky so you need someone who has extensive experience in dealing with Mexican government agencies. However, you need to choose the person or company who will assist you because there are many unscrupulous people who prey on individuals who are new to the country and the real estate industry.
Your beachfront property in Mexico is within your reach. Check out Real Estate listings of Playa del Carmen, Puerto Vallarta and Cancun for insight into this booming market. Contact Tom Budniak for the best deals in Mexican Property.
Tom Budniak operates, owns, and manages Realty Executives Vallarta here in Mexico. Tom’s office is considered by many in the industry to be the top office in Puerto Vallarta. Tom, from Realty Executives Mexican Caribbean is a Certified Member of RMRE and MLS 4 Riviera Maya. Check out all of the resources available through Tom and Realty Executives Vallarta.
Author: Tom Budniak
Three Things to Consider When Making a Quick House Sale
December 27th, 2009 Pete If you are into selling your house and finding ways to have quick property sale, then you will find the answer here. After all, selling something is not that easy, especially if you are selling a very pricey property like a house. Convincing buyers to bite into your offer will not be that easy. This is basically because huge amount of money is involved in this transaction, and they just want to make sure that they will not going to waste their money. The following will give you some tips to close the deal and get a quick house sale.
First and foremost, make your house look clean. Spend a week or two, if necessary, on cleaning the house. Have some parts fixed also by a professional. The number one reason why some sellers cannot make a quick property sale is because they forgot or take for granted to clean the whole property area. A property area should include not only the inside of the house but also the outside portions of the house such as the garden, backyard, and front yard. If this happens, do not expect to close a quick house sale.
After cleaning the entire property, it is time for you to look for someone who can help you get a quick property sale. Try to obtain the services of a professional real estate agent to get your job done properly. You may get an agent by attending open houses held in your area. Just observe how the agent does the job. If the agent got a quick house sale right in that moment, then you are on the right track. Hire the services of the agent for your house selling to make a sure quick property sale.
Use creative ways of spreading the news that your house is for sale. Make and distribute communication materials such as leaflets or brochures. Try to make the material attractive as possible. Avoid unnecessary images or drawings that will lose your sincerity in selling the house. If you are after for a really quick house sale, invest a little amount on making these advertising materials. After all, you will get the investment back when you obtain a quick house sale.
In order for you to realize a quick property sale of your house, give a reasonable purchase price of the said property. A reasonable price must conform to the standard price that is morally and legally just. Bear in mind that it is hard to sell a property really quick when the price of the said property is way higher than the competition. However, do not just give in easily to the counter-offer of the house buyers. Make sure also that you are getting the right price that your house deserves. Do not bend to an unjustifiable low price just for the sake of getting a quick property sale.
Just follow the three important tips given above and you are sure to get the house sale in a short span of time.
Things That You Should Know Before Buying a Foreclosed Home
December 19th, 2009 Pete Buying a foreclosed home is a good way to either make money or gain immediate equity in a home for many people. For most people, their home holds the majority of their available money that they would have to invest. This is why you should always have your money working for you. You always make money if you buy something low and sell it high. That’s why buying a foreclosed home could be a moneymaker.
If you are just getting started, you need to learn all the possible pitfalls that come along with buying a foreclosed home. Here are some of the things that you should keep in mind before you get started.
The first thing you need to check when you find a foreclosed home that you think you may be interested in is to go and look at the neighborhood. Don’t go any further until you’ve done this. The real estate slogan ‘location, location, location’ holds just as true for purchasing any type of home. The house may be beautiful, may be grand, but be sure to look at the other houses in the neighborhood. If they are in decline or are in poor condition, your house will be more difficult to sell. An old Golden rule, “You want to be a Chevy in a Cadillac neighborhood” Why? Either your neighbors will bring your home value up or they can bring them down. Unless the neighborhood has some special purpose or meaning to you that brings other value to the table, look for homes that are on the lower level of the average cost in the neighborhood.
Second, check to see how close schools are to the neighborhood your house is in. Does the school have a good reputation? Other amenities to consider are shopping, parks, and possible neighborhood upgrades. Is shopping close by? Is there a neighborhood park for the kids? Is the city going to revitalize this area of the city? All of these issues will have an impact on how quickly you can sell the house and for how much. All of the points mentioned above will either bring value to the home or take value away.
Next, you need to consider how much repair the property needs. Remember, homes that need many repairs are the best opportunities to either make a lot of money or lose a lot of money. Why?
The best deals seem to come in two different situations:
When you are about to make an offer to the bank on a foreclosed property, it is important to show the bank that you are serious and you are in a financial position to go through with your offer. Remember the Assets Managers who manage these properties manage many others as well. Therefore, when an offer comes in to the Asset Manager and the offer comes with a pre-approval and a good amount of earnest money, they are more likely to look at your offer in a more favorable light.
About Author Rick Merlini, is a certified professional master builder and real estate sales trainer. He holds the record for building a 3900 sq ft home in 53 hours and 54 min. For more information on buying foreclosure homes, visit Foreclosure Made EZ
Posted in Sell Your Home 
Tags: Before, Buying, Foreclosed, Home., Know, should, Things 
No Comments »