What is the right price? The price has to be sold several times
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The right for a house is hard to come by these days. The price has to be sold a few different times:
-To the homesller. The home seller has to determine what they think they can realistically get from their property within a timely manner. The seller has to feel they are getting enough money for them to move on to intise them to even put their home on the market. If they don’t feel they can, they will either postpone their move or try to rent out their home.
-The listing agent: When I list a house, I want to make sure the house can sell, not only so I can help my clients move on with their life. A home will not sell if the house if the home is marketed at a value above market value. I invest considerable time and money making my listings, and if the price the homeowner wants to set the price to high, I have to make a decision whether it is worth it for me to even take the listing. I have turned away listing opportunities when the seller just wants or needs considerbly more than what the market will dictate.
-Buyer’s Agents: When the house hits the market, buyer’s agents will see the house the mls. They will look at the pictures and information, and they will form their own opinion quickly if the house is priced right or not. If it is priced right, they will contact their clients to inform them on the new listing. Also, if the buyer’s are interested, they will search for comparable sales to see if the home is priced right.
–Buyer’s: They are owns that determine how much the house is worth. They look at comparable sales and maybe adjust for things, if there are no similiar sales. If they feel the house is too high, they might not even look at the house or after looking at the house, keep an eye on it to see if the price would come down. They often deduct any repairs or upgrades they feel the house needs from the asking price if they make an offer. If you don’t offer enough money, the sellers might not even counter office.
–Appraiser: If we come to any agreement on the purchase price, terms and conditions, the house passes building, then the appraiser is sent out to determine what the house is worth for bank, for buyers requiring a mortgage. Sometimes cash buyers put a contigency of having the house appraise as part of their offer. The appraiser measures the home, takes pictures, observes any updates and special features and notes any obvious safety issues. They go down to town hall to see what is in the file. They then pull their own sales, note any market conditions or any issues that could have an effect on the market value of the subject property and make adjustments. They then take all of this information and come with a dollar value. If the price is lower than the sales price that is agreed upon, often times buyers will try to renegoiate the price down to the apprasied value.
What does this mean to you?
Think long and hard about pricing your home. If you go to high, you will miss the market. I have never seen sellers price their home too low for the market, unless their home needs substainally renovation and the sellers are extermly motivated.
Jonathan Hall, Realtor Serving Greater Danbury  & Candlewood LakeSearch Local Listings Explore Danbury Condos 203-417-0523 Local Expertise you can count on |
This information is provided by Jonathan Hall,Realtor with William Pitt Sotheby’s International Realty in the Greater Danbury & Candlewood Region of CT. For additional information, please call him at 203-417-0523,203-796-7700X305 or email me at Jonathan.Hall@SothebysRealty.Com . Unless indicated, all content is the property of Jonathan Hall. If you would like to use any of this information, please contact me for permission. He is a licensed CT Salesperson License #RES.0783448 with William Pitt Real Estate LLC License # REB.0751698
What is the right price? The price has to be sold several times
costa rica real estate guanacaste
costa rica real estate rentals
for sale by owner costa rica real estate
The right for a house is hard to come by these days. The price has to be sold a few different times:
-To the homesller. The home seller has to determine what they think they can realistically get from their property within a timely manner. The seller has to feel they are getting enough money for them to move on to intise them to even put their home on the market. If they don’t feel they can, they will either postpone their move or try to rent out their home.
-The listing agent: When I list a house, I want to make sure the house can sell, not only so I can help my clients move on with their life. A home will not sell if the house if the home is marketed at a value above market value. I invest considerable time and money making my listings, and if the price the homeowner wants to set the price to high, I have to make a decision whether it is worth it for me to even take the listing. I have turned away listing opportunities when the seller just wants or needs considerbly more than what the market will dictate.
-Buyer’s Agents: When the house hits the market, buyer’s agents will see the house the mls. They will look at the pictures and information, and they will form their own opinion quickly if the house is priced right or not. If it is priced right, they will contact their clients to inform them on the new listing. Also, if the buyer’s are interested, they will search for comparable sales to see if the home is priced right.
–Buyer’s: They are owns that determine how much the house is worth. They look at comparable sales and maybe adjust for things, if there are no similiar sales. If they feel the house is too high, they might not even look at the house or after looking at the house, keep an eye on it to see if the price would come down. They often deduct any repairs or upgrades they feel the house needs from the asking price if they make an offer. If you don’t offer enough money, the sellers might not even counter office.
–Appraiser: If we come to any agreement on the purchase price, terms and conditions, the house passes building, then the appraiser is sent out to determine what the house is worth for bank, for buyers requiring a mortgage. Sometimes cash buyers put a contigency of having the house appraise as part of their offer. The appraiser measures the home, takes pictures, observes any updates and special features and notes any obvious safety issues. They go down to town hall to see what is in the file. They then pull their own sales, note any market conditions or any issues that could have an effect on the market value of the subject property and make adjustments. They then take all of this information and come with a dollar value. If the price is lower than the sales price that is agreed upon, often times buyers will try to renegoiate the price down to the apprasied value.
What does this mean to you?
Think long and hard about pricing your home. If you go to high, you will miss the market. I have never seen sellers price their home too low for the market, unless their home needs substainally renovation and the sellers are extermly motivated.
| Jonathan Hall, Realtor Serving Greater Danbury & Candlewood Lake Search Local Listings Explore Danbury Condos 203-417-0523 Local Expertise you can count on |
This information is provided by Jonathan Hall,Realtor with William Pitt Sotheby’s International Realty in the Greater Danbury & Candlewood Region of CT. For additional information, please call him at 203-417-0523,203-796-7700X305 or email me at Jonathan.Hall@SothebysRealty.Com . Unless indicated, all content is the property of Jonathan Hall. If you would like to use any of this information, please contact me for permission. He is a licensed CT Salesperson License #RES.0783448 with William Pitt Real Estate LLC License # REB.0751698
Show Interest In Others Before Expecting Them To Show Interest In You. A Lesson Learned.
Posted on: September 28, 2012
Show Interest In Others Before Expecting Them To Show Interest In You. A Lesson Learned.
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I’m taking a six week course about the power of connection. Ruoff Home Mortgage here in Fort Wayne is putting on the class for about 12 Realtors and 6 of their own loan officers.
I am normally not a big fan of these types of things, but I got the invite and said "What the heck!" I’m glad I did.
The first class was yesterday and I already got schooled on something.
I talk too much.
By doing a few exercises about initial engagement, I realized that I am quick to dominate a conversation. I’m friendly, have a firm handshake, I look people the eye when I first meet them… and then away I go!!
It was a humbling and eye opening meeting for me.
Guess what my intention is this week? It’s showing interest in others before expecting them to show interest in me. 🙂
The Christiansen Team. Real People. Real solutions.
They didn’t help us a find a house. They helped us find the RIGHT house. Kerry & Alice
They assured us that they could sell our home quickly. Then they did. Chris & Audrey
They listened to ME. They made it about ME. I love them! LaToya
I was scared that I wouldn’t find the right home. With their help, I did! Patti
They didn’t EVER try to upsell us or push us into anything. They were patient. Meg & Robert
They treated us like millon dollar clients, even though we weren’t! Shawn & Kevin
Show Interest In Others Before Expecting Them To Show Interest In You. A Lesson Learned.
Posted on: September 28, 2012
Show Interest In Others Before Expecting Them To Show Interest In You. A Lesson Learned.
costa rica real estate beachfront homes
costa rica real estate by owner
costa rica real estate for sale by owner
I’m taking a six week course about the power of connection. Ruoff Home Mortgage here in Fort Wayne is putting on the class for about 12 Realtors and 6 of their own loan officers.
I am normally not a big fan of these types of things, but I got the invite and said "What the heck!" I’m glad I did.
The first class was yesterday and I already got schooled on something.
I talk too much.
By doing a few exercises about initial engagement, I realized that I am quick to dominate a conversation. I’m friendly, have a firm handshake, I look people the eye when I first meet them… and then away I go!!
It was a humbling and eye opening meeting for me.
Guess what my intention is this week? It’s showing interest in others before expecting them to show interest in me. 🙂
The Christiansen Team. Real People. Real solutions.
They didn’t help us a find a house. They helped us find the RIGHT house. Kerry & Alice
They assured us that they could sell our home quickly. Then they did. Chris & Audrey
They listened to ME. They made it about ME. I love them! LaToya
I was scared that I wouldn’t find the right home. With their help, I did! Patti
They didn’t EVER try to upsell us or push us into anything. They were patient. Meg & Robert
They treated us like millon dollar clients, even though we weren’t! Shawn & Kevin
What Closing Costs Can I Expect When Buying or Selling a Home?
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The stakes in real estate transactions are high – and often fraught with emotion for people who may well be engaging in the biggest purchase or sale of their lives. Furthermore, it takes a lot of different people working together to make a home purchase or other real estate transaction happen. The buyer and seller are just the beneficiaries of a tremendous amount of effort that takes place on the part of lenders, real estate agents, escrow representatives, property and title insurance agents, county registrars and local property tax officials – and no one in these agencies can work for free.
The good news is that if you are a buyer, you shouldn’t be blindsided by any significant unexpected costs: Federal laws require lenders to provide their customers with a good faith estimate, or GFE, of your closing costs, within three days of your loan application. All your expected closing costs are delineated in this document, though some of them can vary by as much as 10 percent when you get to the closing table.
It is important to compare the GFE with any HUD-1 forms you receive in the mail during the escrow process. You may receive more than one as the loan progresses. It’s important to read each one and compare the figures to those on the GFE. The information on page 3 of the HUD-1, located at the bottom of the second chart, will show you the difference between the figures on the two documents and outline which costs can’t increase and which ones can’t increase by more than 10 percent. You may be entitled to a refund if the lender miscalculated or failed to disclose certain items. Point out any discrepancies to your lender or your real estate agent.
Closing Costs When Buying a Home
As a buyer, using a conventional loan, you can expect to pay the following fees at closing:
- Origination Fees – This is a fee you pay to your lender for securing the capital for you. However, in some cases, the origination fee can be wrapped into the balance of the loan.
- Points – These are essentially fees you pay to “buy down” to a lower interest rate. For example, your lender may give you an option of a loan at 5 percent with no points, or a loan at 4 percent with a payment of 1 percent of the mortgage value at closing. Each “point” is 1 percent of the loan amount.
- Credit Check Fee – Self-explanatory. The lender has to pay a fee to run your credit report. They pass this fee on to you.
- Appraisal Fees – These are fees for an independent appraisal of the property’s value to the lender.
- Lender’s Attorney’s Fee – Yeah, this is kind of the lender’s problem, not yours. Consider objecting.
- Title Services and Lender’s Title Insurance – Title insurance provides coverage in case the seller does not own the title free and clear, and someone else comes to claim an interest in the property at some later date. This fee pays for a title search as well as a premium to compensate the lender in the event the title is in question.
- Owner’s Title Insurance – This insurance protects you, as opposed to the lender. If the seller does not have clear title to sell, and another claimant emerges with a legitimate interest in the property, title insurance ensures that you will be financially made whole.
- Property Inspection Fees – At a minimum, you should have a home inspection and a wood-destroying pest inspection done. Additionally, you may want to get a water inspection, a septic inspection, or a radon inspection, depending on the property.
- Transfer Taxes – These are fees your municipal or state government may tack on for the effort required to update property records, search for outstanding liens on the property, and issue a new title. This tax is based on the sale price of the home.
- Escrow Deposit – You will need to come up with money to give to the escrow company to pay for recurring charges on your property, including property tax and insurance.
- Homeowners Insurance – You will need to obtain homeowners insurance coverage on the property prior to closing. Consider getting it in place about two weeks prior to closing.
As a buyer, you shouldn’t normally be required to pay any real estate agent or broker fees. For residential transactions, unless the buyer specifically requests a buyer’s agent rather than a traditional real estate agent, the agent is always paid by the seller.
Shared Closing Costs
The buyer and seller each share the prorated property taxes, as well as prorated property insurance costs, which are calculated based on the date the change of title is stamped and recorded. The date of recordation is not necessarily the same as the closing date. The seller will pay property taxes up through the date of recordation, and the escrow company will pay the remainder out of your escrow deposit.
Closing Costs When Selling a Home
For sellers, the transaction is simpler, but no less expensive: The seller typically pays real estate commissions for both the listing agent and the buyer-side agent. Some sellers bypass the real estate agent, however, offering their homes for sale directly – “For Sale Buy Owner,” or FSBO – and potentially save tens of thousands of dollars in closing costs. The downside: It could take awhile to sell the house, unless you have a buyer in mind already.
As a seller, you can also expect to pay your last prorated utility, water and trash pickup bills.
Depending on your jurisdiction, you may also get tagged for transfer or stamp taxes at the municipal, county or state level. Your real estate agent should be able to give you a full breakdown on fees and taxes required of you for your particular locale.
In sum, no matter which side of the transaction you’re on, expect to bring some additional cash to the closing table. The total amount that buyers and sellers pay can vary widely depending on origination fees, commissions, local taxes, and other factors. For more detailed information, you can read the Department of Housing and Urban Development’s Guide to Settlement Costs.
What Closing Costs Can I Expect When Buying or Selling a Home?
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costa rica luxury real estate
The stakes in real estate transactions are high – and often fraught with emotion for people who may well be engaging in the biggest purchase or sale of their lives. Furthermore, it takes a lot of different people working together to make a home purchase or other real estate transaction happen. The buyer and seller are just the beneficiaries of a tremendous amount of effort that takes place on the part of lenders, real estate agents, escrow representatives, property and title insurance agents, county registrars and local property tax officials – and no one in these agencies can work for free.
The good news is that if you are a buyer, you shouldn’t be blindsided by any significant unexpected costs: Federal laws require lenders to provide their customers with a good faith estimate, or GFE, of your closing costs, within three days of your loan application. All your expected closing costs are delineated in this document, though some of them can vary by as much as 10 percent when you get to the closing table.
It is important to compare the GFE with any HUD-1 forms you receive in the mail during the escrow process. You may receive more than one as the loan progresses. It’s important to read each one and compare the figures to those on the GFE. The information on page 3 of the HUD-1, located at the bottom of the second chart, will show you the difference between the figures on the two documents and outline which costs can’t increase and which ones can’t increase by more than 10 percent. You may be entitled to a refund if the lender miscalculated or failed to disclose certain items. Point out any discrepancies to your lender or your real estate agent.
Closing Costs When Buying a Home
As a buyer, using a conventional loan, you can expect to pay the following fees at closing:
- Origination Fees – This is a fee you pay to your lender for securing the capital for you. However, in some cases, the origination fee can be wrapped into the balance of the loan.
- Points – These are essentially fees you pay to “buy down” to a lower interest rate. For example, your lender may give you an option of a loan at 5 percent with no points, or a loan at 4 percent with a payment of 1 percent of the mortgage value at closing. Each “point” is 1 percent of the loan amount.
- Credit Check Fee – Self-explanatory. The lender has to pay a fee to run your credit report. They pass this fee on to you.
- Appraisal Fees – These are fees for an independent appraisal of the property’s value to the lender.
- Lender’s Attorney’s Fee – Yeah, this is kind of the lender’s problem, not yours. Consider objecting.
- Title Services and Lender’s Title Insurance – Title insurance provides coverage in case the seller does not own the title free and clear, and someone else comes to claim an interest in the property at some later date. This fee pays for a title search as well as a premium to compensate the lender in the event the title is in question.
- Owner’s Title Insurance – This insurance protects you, as opposed to the lender. If the seller does not have clear title to sell, and another claimant emerges with a legitimate interest in the property, title insurance ensures that you will be financially made whole.
- Property Inspection Fees – At a minimum, you should have a home inspection and a wood-destroying pest inspection done. Additionally, you may want to get a water inspection, a septic inspection, or a radon inspection, depending on the property.
- Transfer Taxes – These are fees your municipal or state government may tack on for the effort required to update property records, search for outstanding liens on the property, and issue a new title. This tax is based on the sale price of the home.
- Escrow Deposit – You will need to come up with money to give to the escrow company to pay for recurring charges on your property, including property tax and insurance.
- Homeowners Insurance – You will need to obtain homeowners insurance coverage on the property prior to closing. Consider getting it in place about two weeks prior to closing.
As a buyer, you shouldn’t normally be required to pay any real estate agent or broker fees. For residential transactions, unless the buyer specifically requests a buyer’s agent rather than a traditional real estate agent, the agent is always paid by the seller.
Shared Closing Costs
The buyer and seller each share the prorated property taxes, as well as prorated property insurance costs, which are calculated based on the date the change of title is stamped and recorded. The date of recordation is not necessarily the same as the closing date. The seller will pay property taxes up through the date of recordation, and the escrow company will pay the remainder out of your escrow deposit.
Closing Costs When Selling a Home
For sellers, the transaction is simpler, but no less expensive: The seller typically pays real estate commissions for both the listing agent and the buyer-side agent. Some sellers bypass the real estate agent, however, offering their homes for sale directly – “For Sale Buy Owner,” or FSBO – and potentially save tens of thousands of dollars in closing costs. The downside: It could take awhile to sell the house, unless you have a buyer in mind already.
As a seller, you can also expect to pay your last prorated utility, water and trash pickup bills.
Depending on your jurisdiction, you may also get tagged for transfer or stamp taxes at the municipal, county or state level. Your real estate agent should be able to give you a full breakdown on fees and taxes required of you for your particular locale.
In sum, no matter which side of the transaction you’re on, expect to bring some additional cash to the closing table. The total amount that buyers and sellers pay can vary widely depending on origination fees, commissions, local taxes, and other factors. For more detailed information, you can read the Department of Housing and Urban Development’s Guide to Settlement Costs.
The Answer is Always No Unless You Ask, Richmond VA Real Estate
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The Answer is Always No Unless You Ask
Want a discount on that cute sweater at the mall? Want a free accessory with your new phone? Want substantial savings on your Richmond VA new construction home? Well, then let me share an amazing tip for you to have a 50/50 chance of getting what you want: ASK!
So many people are afraid to ask for what they want in life. It took me a long time to learn this, but once I did, it changed my life…and those of my clients.
In the past two days I saved one Richmond VA home buyer $12,000 on a new construction house even though the incentive wasn’t being offered. I saved another client an additional $3,500 on top of their $9,000 incentive with their selected home builder. I saved these two clients a total of $24,500 in under 48 hours all by simply asking.
The key to asking for something is believing that you deserve it. That you are worthy of it. Once you truly accept this, it becomes natural to ask for what you want.
Let me propose a question. What is the worst thing that can happen if you ask for something and you don’t get it? They say no? OK, they said no. But, what is the BEST thing that can happen? That’s right, you get exactly what you want or at the very least maybe a variation of it. No matter what, the truth remains: The answer is ALWAYS no unless you ask!
Searching for a Richmond VA Realtor who isn’t afraid to be an advocate for you and ASK on your behalf? Contact me, Shannon Milligan at Keller Williams Realty Richmond West, today!
Shannon Milligan
Keller Williams Realty Richmond West
6600 West Broad Street, SUite 150, Richmond, VA 23230
804-248-8207 (cell), 804-282-5901 (office)
The Answer is Always No Unless You Ask, Richmond VA Real Estate
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The Answer is Always No Unless You Ask
Want a discount on that cute sweater at the mall? Want a free accessory with your new phone? Want substantial savings on your Richmond VA new construction home? Well, then let me share an amazing tip for you to have a 50/50 chance of getting what you want: ASK!
So many people are afraid to ask for what they want in life. It took me a long time to learn this, but once I did, it changed my life…and those of my clients.
In the past two days I saved one Richmond VA home buyer $12,000 on a new construction house even though the incentive wasn’t being offered. I saved another client an additional $3,500 on top of their $9,000 incentive with their selected home builder. I saved these two clients a total of $24,500 in under 48 hours all by simply asking.
The key to asking for something is believing that you deserve it. That you are worthy of it. Once you truly accept this, it becomes natural to ask for what you want.
Let me propose a question. What is the worst thing that can happen if you ask for something and you don’t get it? They say no? OK, they said no. But, what is the BEST thing that can happen? That’s right, you get exactly what you want or at the very least maybe a variation of it. No matter what, the truth remains: The answer is ALWAYS no unless you ask!
Searching for a Richmond VA Realtor who isn’t afraid to be an advocate for you and ASK on your behalf? Contact me, Shannon Milligan at Keller Williams Realty Richmond West, today!
Shannon Milligan
Keller Williams Realty Richmond West
6600 West Broad Street, SUite 150, Richmond, VA 23230
804-248-8207 (cell), 804-282-5901 (office)
Don’t Fall Prey To Artificial Time Lines
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Have you ever been affected by an artificial time line? Yes…let me answer this question for you. Of course you have, we all have. In our personal lives, it is often occasioned by the fear of being judged…or actually being judged.
I was reminded of this when I was "caught" talking to a MAN (imagine that) I didn’t know. A friend took me out to listen to some music. Merry Widow? Too soon? Disrespectful? I think not! I didn’t take him home…sheesh!
In business, it can actually harm your client, and your pocketbook. I had a closing today which brought this point home to me in a very big way. I know this is NOT typical…and is almost miracle, but it happened. I learned a lesson.
Last Monday I got an email from a prospect in my database about a home. We ran out to see it and she wanted to write an offer. It was a bank-owned property and vacant. She wanted to close in 2 weeks.
Ok…maybe! Will this be all cash?
Then she handed me a prequal letter. Ok…slow down. "There is no way you can close with financing in 2 weeks." I very confidently assured her that she had no shot. Since we closed today….I was wrong. In fact, we not only closed (yes, the lender was Batman) but we closed a day before we had thought and the REO bank gave her some extra concessions because she was closing before the end of the month.
Her lender was a small boutique bank. They handled everything quickly and efficiently and we closed. Saturday, she is heading out of town and out of touch. Headed to the outback to work with natives for 1 month. Had we not had loan documents before she left….we would not have closed at all, or at least not until she resurfaced. I wrote the offer to have a 45 day close, because there was no way we could get it done.
I was wrong!
I learned not to rely just on the "set in stone" rules. Certainly this is not normal. We all know this. But in my own personal journey, I’ve learned not to judge based on timetables. In this case? It paid off for my client.
Karen Fiddler
Broker/Associate
The Fiddler Realty Team/eVantage Real Estate
Lic # 01494165
www.SearchForOrangeCountyHomes.com
Serving all of Orange County, California Real Estate!
Buyer’s Agents, Listing Agents, Short Sales, REOs, Equity Sales, Investors
Don’t Fall Prey To Artificial Time Lines
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Have you ever been affected by an artificial time line? Yes…let me answer this question for you. Of course you have, we all have. In our personal lives, it is often occasioned by the fear of being judged…or actually being judged.
I was reminded of this when I was "caught" talking to a MAN (imagine that) I didn’t know. A friend took me out to listen to some music. Merry Widow? Too soon? Disrespectful? I think not! I didn’t take him home…sheesh!
In business, it can actually harm your client, and your pocketbook. I had a closing today which brought this point home to me in a very big way. I know this is NOT typical…and is almost miracle, but it happened. I learned a lesson.
Last Monday I got an email from a prospect in my database about a home. We ran out to see it and she wanted to write an offer. It was a bank-owned property and vacant. She wanted to close in 2 weeks.
Ok…maybe! Will this be all cash?
Then she handed me a prequal letter. Ok…slow down. "There is no way you can close with financing in 2 weeks." I very confidently assured her that she had no shot. Since we closed today….I was wrong. In fact, we not only closed (yes, the lender was Batman) but we closed a day before we had thought and the REO bank gave her some extra concessions because she was closing before the end of the month.
Her lender was a small boutique bank. They handled everything quickly and efficiently and we closed. Saturday, she is heading out of town and out of touch. Headed to the outback to work with natives for 1 month. Had we not had loan documents before she left….we would not have closed at all, or at least not until she resurfaced. I wrote the offer to have a 45 day close, because there was no way we could get it done.
I was wrong!
I learned not to rely just on the "set in stone" rules. Certainly this is not normal. We all know this. But in my own personal journey, I’ve learned not to judge based on timetables. In this case? It paid off for my client.
Karen Fiddler
Broker/Associate
The Fiddler Realty Team/eVantage Real Estate
Lic # 01494165
www.SearchForOrangeCountyHomes.com
Serving all of Orange County, California Real Estate!
Buyer’s Agents, Listing Agents, Short Sales, REOs, Equity Sales, Investors
Is There Really Such Thing As A "No Brainer" Real Estate Investment?
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If you want a smart and safe real estate investment in Tallahassee, you should acquire a quadruplex.
I was talking to a long-time friend last night about the crazy-good returns that are now available in the Tallahassee real estate market, and it made me think it would make a great blog post for the weekend. Everybody who has the means should acquire a quadruplex in Tallahassee right now, and the analysis below explains why.
Why You Should Acquire A Quadruplex In Tallahassee
The real estate market is in turmoil, with values dropping more than 30% in most neighborhoods in Tallahassee. It is not a good time to sell an investment property, but it sure is a great time to add the right one to your portfolio.
I was speaking with a lender the other day, and he told me a well qualified investor can borrow FHA money at 4% (with a 25% down payment). At 4%, you can really get dynamite returns.
So how do you optimize the benefits of this great FHA loan? Simple, you acquire a quadruplex.
You can acquire a quadruplex (four unit residential dwelling) and finance it with this great loan product. And here is my simplified view on what you should expect from your long-term investment:
If you acquire a quadruplex and own it for ten or more years, I believe you will see historically normal appreciation from current values (see video on real estate market cycles). By leveraging your purchase (only using a 25% down payment), the long-term appreciation (see numbers above left) will represent roughly a 13% return on investment.
Additionally, you can expect another 10% from your cash flow, and 5%+ from your principal reduction (the amount of your mortgage payment reducing the balance owed). All of these together show a first year return of 27%, which means you should anticipate better than 30% ROI when you acquire a quadruplex and hold it until we reach a sellers market.
How To Acquire A Quadruplex In Tallahassee
Of course, you cannot simply buy just any four unit building and get this return. The key is to buy at the right price and in an area that has a strong chance of sustaining great tenants for many years.
Nobody knows or analyzes that Tallahassee real estate market better than we do at Century 21 Manausa and Associates, so if you think you would like to acquire a quadruplex, just drop me a note and we can schedule a time to review the exciting opportunities for real estate investors today.
Joe Manausa, MBA
Century 21 Manausa & Associates
www.manausa.com
Is There Really Such Thing As A "No Brainer" Real Estate Investment?
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If you want a smart and safe real estate investment in Tallahassee, you should acquire a quadruplex.
I was talking to a long-time friend last night about the crazy-good returns that are now available in the Tallahassee real estate market, and it made me think it would make a great blog post for the weekend. Everybody who has the means should acquire a quadruplex in Tallahassee right now, and the analysis below explains why.
Why You Should Acquire A Quadruplex In Tallahassee
The real estate market is in turmoil, with values dropping more than 30% in most neighborhoods in Tallahassee. It is not a good time to sell an investment property, but it sure is a great time to add the right one to your portfolio.
I was speaking with a lender the other day, and he told me a well qualified investor can borrow FHA money at 4% (with a 25% down payment). At 4%, you can really get dynamite returns.
So how do you optimize the benefits of this great FHA loan? Simple, you acquire a quadruplex.
You can acquire a quadruplex (four unit residential dwelling) and finance it with this great loan product. And here is my simplified view on what you should expect from your long-term investment:
If you acquire a quadruplex and own it for ten or more years, I believe you will see historically normal appreciation from current values (see video on real estate market cycles). By leveraging your purchase (only using a 25% down payment), the long-term appreciation (see numbers above left) will represent roughly a 13% return on investment.
Additionally, you can expect another 10% from your cash flow, and 5%+ from your principal reduction (the amount of your mortgage payment reducing the balance owed). All of these together show a first year return of 27%, which means you should anticipate better than 30% ROI when you acquire a quadruplex and hold it until we reach a sellers market.
How To Acquire A Quadruplex In Tallahassee
Of course, you cannot simply buy just any four unit building and get this return. The key is to buy at the right price and in an area that has a strong chance of sustaining great tenants for many years.
Nobody knows or analyzes that Tallahassee real estate market better than we do at Century 21 Manausa and Associates, so if you think you would like to acquire a quadruplex, just drop me a note and we can schedule a time to review the exciting opportunities for real estate investors today.
Joe Manausa, MBA
Century 21 Manausa & Associates
www.manausa.com
Should You Have Thought Twice about Price? Maybe Consulted on Clutterreal estate in costa rica for rent Similar to the sudden sense of what now, after all the presents are opened on Christmas morn; slightly akin to an hurried evacuation for a pending storm only to see the sun shine down. Many Realtors are exceedingly rushed to acquire a new listing, the holy grail of commission only to realize maybe they should have thought twice about that price, or consulted about all that clutter! My days of the great gold rush of realty have passed. There is no longer fluff in place of fact or even a slight presence of puffing in my presentation. My approach has changed, along with the economy. Listings are hard work, expensive and a major responsibility. We carefully consider each listing, seller and approach to market preparedness. It is not just about getting another listing. Fortunately my referral system is stronger and more productive than ever, so the need to prove myself has certainly lessened over the years. I have very strict guidelines and extremely high standards for both my team servicing the listings and the listings themselves. Many have told me I am too quick to turn down a listing, it could be true; however, I don’t like making promises I can’t keep nor do I enjoy ramming my head against the brick wall of a home that isn’t market ready.
It isn’t arrogance. It isn’t silly. It is our job and we can’t do our jobs properly if the agreement isn’t laid out clearly and from the beginning. Prior to listing any property, we have a mandatory checklist. We will do everything we can to assist a willing seller. I have moved furniture, loaned out decorative items, spent hours organizing yard sales, and even trimmed hedges if the job deemed it necessary. What I won’t do, is accept a listing “as is”. If the seller is serious, there is nothing we won’t do. If they aren’t realistic, we aren’t staying.
A portion from our checklist: · Store unnecessary items prior to photography shoot/showings · Speak with landscaping consultant (we provide this service) · Be prepared for a lot of work, to make sure your goal is reached Our checklist is an entire page long that requires signatures at the bottom, with a Release of Agreement also attached. I have never had anyone request a release. Never. I take my job seriously, and often personally. I do not like losing sleep over a stagnant listing. I prefer NOT to dodge my clients in the local Piggly Wiggly. If I tell them I can sell their home; I must be best equipped to do so.
Whether you are buying or selling Real Estate in Beaufort South Carolina, We know Beaufort. Our little coastal town has something for everyone. For more information visit our website today! |
Just as I prefer a small circle of good friends, quality over quantity has been a theme throughout my career. With a market ready, seller educated stable of listings, my team is able to do our job without the morning dose of guilt and lengthy explanations as to why a home that should never have been listed, has never sold.
Should You Have Thought Twice about Price? Maybe Consulted on Clutterreal estate in costa rica for rent Similar to the sudden sense of what now, after all the presents are opened on Christmas morn; slightly akin to an hurried evacuation for a pending storm only to see the sun shine down. Many Realtors are exceedingly rushed to acquire a new listing, the holy grail of commission only to realize maybe they should have thought twice about that price, or consulted about all that clutter! My days of the great gold rush of realty have passed. There is no longer fluff in place of fact or even a slight presence of puffing in my presentation. My approach has changed, along with the economy. Listings are hard work, expensive and a major responsibility. We carefully consider each listing, seller and approach to market preparedness. It is not just about getting another listing. Fortunately my referral system is stronger and more productive than ever, so the need to prove myself has certainly lessened over the years. I have very strict guidelines and extremely high standards for both my team servicing the listings and the listings themselves. Many have told me I am too quick to turn down a listing, it could be true; however, I don’t like making promises I can’t keep nor do I enjoy ramming my head against the brick wall of a home that isn’t market ready.
It isn’t arrogance. It isn’t silly. It is our job and we can’t do our jobs properly if the agreement isn’t laid out clearly and from the beginning. Prior to listing any property, we have a mandatory checklist. We will do everything we can to assist a willing seller. I have moved furniture, loaned out decorative items, spent hours organizing yard sales, and even trimmed hedges if the job deemed it necessary. What I won’t do, is accept a listing “as is”. If the seller is serious, there is nothing we won’t do. If they aren’t realistic, we aren’t staying.
A portion from our checklist: · Store unnecessary items prior to photography shoot/showings · Speak with landscaping consultant (we provide this service) · Be prepared for a lot of work, to make sure your goal is reached Our checklist is an entire page long that requires signatures at the bottom, with a Release of Agreement also attached. I have never had anyone request a release. Never. I take my job seriously, and often personally. I do not like losing sleep over a stagnant listing. I prefer NOT to dodge my clients in the local Piggly Wiggly. If I tell them I can sell their home; I must be best equipped to do so.
Whether you are buying or selling Real Estate in Beaufort South Carolina, We know Beaufort. Our little coastal town has something for everyone. For more information visit our website today! |
For Newbies – Perfect vs Imperfect when blogging
Last week someone asked how I got the courage to blog.
No gain without pain
Perfect vs Imperfect
Learning how to be "perfect" and "imperfect" at the same time…..Ugh! Has Carl Winters lost his marbles?
We all strive for perfection….Right? When was the last time you tried something new and said to yourself, I don’t think I can do this? Yip the feeling of being "imperfect".
Example: How did you feel when you wrote your first blog on Active Rain? Did you feel perfect or imperfect? How did you feel when you mustered the courage to write your first blog? When I read blogs written by others that seemed perfect, how in the world could I Carl Winters lift my feeling of being imperfect to write a blog.
The answer…..just do it! Yes it took practice. I felt like a fool especially since I’m not a great typist and the computer made me do it, all those misspelled words or typos. Was my blogs silly? Is my blogs for home inspection tips boring? Would anyone read my blogs? Find your area of comfort and go for it. Local information in your area is an easy way to start. (wish I knew that in the beginning). I now blog a combination of Home Inspection Tips and Local events here in New Braunfels and Canyon Lake Texas.
Every time I tried something new it was a major task. Why? I wanted to be perfect. Absolutely could not stand the thought of being imperfect.
Every time you do something that feels uncomfortable or imperfect, tell yourself this:
There is no gain without pain. I was once imperfect before I became perfect. (I think we all have imperfections, but when it comes to blogging every blog is a blog in progress).
When will we know when we become perfect blogging on Active Rain?
Answer: It’s your decision.
Have a great week Carl and Ceil Winters
Complete Home Inspection Service
The Texas Hill Country – September 23, 2012
**********
Carl Winters – Trec License #3630
Complete Inspection Service
830-660-0131 or 210-494-2257
For Newbies – Perfect vs Imperfect when blogging
Last week someone asked how I got the courage to blog.
No gain without pain
Perfect vs Imperfect
Learning how to be "perfect" and "imperfect" at the same time…..Ugh! Has Carl Winters lost his marbles?
We all strive for perfection….Right? When was the last time you tried something new and said to yourself, I don’t think I can do this? Yip the feeling of being "imperfect".
Example: How did you feel when you wrote your first blog on Active Rain? Did you feel perfect or imperfect? How did you feel when you mustered the courage to write your first blog? When I read blogs written by others that seemed perfect, how in the world could I Carl Winters lift my feeling of being imperfect to write a blog.
The answer…..just do it! Yes it took practice. I felt like a fool especially since I’m not a great typist and the computer made me do it, all those misspelled words or typos. Was my blogs silly? Is my blogs for home inspection tips boring? Would anyone read my blogs? Find your area of comfort and go for it. Local information in your area is an easy way to start. (wish I knew that in the beginning). I now blog a combination of Home Inspection Tips and Local events here in New Braunfels and Canyon Lake Texas.
Every time I tried something new it was a major task. Why? I wanted to be perfect. Absolutely could not stand the thought of being imperfect.
Every time you do something that feels uncomfortable or imperfect, tell yourself this:
There is no gain without pain. I was once imperfect before I became perfect. (I think we all have imperfections, but when it comes to blogging every blog is a blog in progress).
When will we know when we become perfect blogging on Active Rain?
Answer: It’s your decision.
Have a great week Carl and Ceil Winters
Complete Home Inspection Service
The Texas Hill Country – September 23, 2012
**********
Carl Winters – Trec License #3630
Complete Inspection Service
830-660-0131 or 210-494-2257
I think that will be the last time…
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Have you ever done something for the second, third, or more times hoping the outcome will be different? You know, some say that is the definition of insanity. I think I agree. I have done something multiple times and I just have not enjoyed it. I think that will be my last time.
Relocation listings. This is what I am talking about. Relocation buyers are OK, but the listings, I don’t think so. When you sign up for a relocation listing you agree to have the relocation company hover over your shoulder making what they believe are helpful hints. They know they are the experts because they found an article on NAR’s website entitled "How to sell a house".
For all these helpful hints, I get to give them 43% of my commission. Of what is left, the brand I work for rolls back my split to 50/50. Then, the little that is left is split again 50/50 with my partner, who prefers to work with buyers. I know you are all slapping your foreheads exclaiming,"What in the world was he thinking?" I know, so am I.
I usually sell even these within the allotted 120 day window, but not before suffering through every 2 week reports as long as or longer than the original BPO. Only an insane man would continue to put up with this, so today I am saying, I have had enough. I think I will try to work smarter, not harder. As to the relocation listings, I think that will be the last time.
I write about daily life as a Realtor in the Towne Lake Community in Woodstock Georgia.
I think that will be the last time…
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Have you ever done something for the second, third, or more times hoping the outcome will be different? You know, some say that is the definition of insanity. I think I agree. I have done something multiple times and I just have not enjoyed it. I think that will be my last time.
Relocation listings. This is what I am talking about. Relocation buyers are OK, but the listings, I don’t think so. When you sign up for a relocation listing you agree to have the relocation company hover over your shoulder making what they believe are helpful hints. They know they are the experts because they found an article on NAR’s website entitled "How to sell a house".
For all these helpful hints, I get to give them 43% of my commission. Of what is left, the brand I work for rolls back my split to 50/50. Then, the little that is left is split again 50/50 with my partner, who prefers to work with buyers. I know you are all slapping your foreheads exclaiming,"What in the world was he thinking?" I know, so am I.
I usually sell even these within the allotted 120 day window, but not before suffering through every 2 week reports as long as or longer than the original BPO. Only an insane man would continue to put up with this, so today I am saying, I have had enough. I think I will try to work smarter, not harder. As to the relocation listings, I think that will be the last time.
I write about daily life as a Realtor in the Towne Lake Community in Woodstock Georgia.
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Hotel sectors across the globe are booming. With promises of returns from the rising number of travellers, the top 10 hotel chains in the world are developing more than 1,500 new hotels.
According to TOPHOTELPROJECTS – the leading data provider for hotel construction projects and hotel chain headquarter contacts, the worldwide leading hotel chain InterContinental Hotels Group has more than 250 new hotels currently in development. They are way ahead any other groups, with more than 658,000 hotel rooms and another 1,000 more new hotels in their global pipeline.
The second largest hotel chain Hilton Worldwide is expanding their luxury portfolio of 307 hotels construction projects. Following behind is the Accor Group, Europe’s leading hotel group and also No.5 in World Ranking Position, is having 349 new hotels under construction. Starwood Hotels & Resorts, whose No.7 in the World Ranking Position has got 277 top hotel projects.
Having a strong presence in the EMEA region, Carlson Rezidor Group whose No.10 in the World Ranking Position, have development plans of 130 new hotels. Here’s a list of hotel chain on hotel development ranking 2012 list:
- InterContinental Hotels Group (IHG) – 4.480 hotels in operation – 658.348 rooms in operation – 259 hotel projects
- Hilton Worldwide – 3.843 hotels – 633.238 rooms – 307 hotel projects
- Marriott International – 3.537 hotels – 617.837 rooms – 98 hotel projects
- Wyndham Hotel Group – 7.205 hotels – 613.126 rooms – 37 hotel projects
- Accor – 4.426 hotels – 531.714 rooms – 349 hotel projects
- Choice Hotels International – 6.203 hotels – 502.460 rooms – 10 hotel projects Starwood Hotels & Resorts – 1.077 hotels – 315.346 rooms – 277 hotel projects
- Best Western – 4.078 hotels – 311.598 rooms – 53 hotel projects
- Home Inns/Motel 168 – 1.426 hotels – 176.562 rooms – not named
- Carlson Rezidor Hotel Group – 1.077 hotels – 165.802 rooms – 130 hotel projects
(Numbers are taken from TOPHOTELPROJECTS database;date: 18.09.2012)
Source: TOPHOTELPROJECTS
If you are interested about the article, do find about the Hospitality Investment World Indonesia 2013which will be held from 18 – 20 March 2013, Pullman Jakarta Central Park, Indonesia.
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Hotel sectors across the globe are booming. With promises of returns from the rising number of travellers, the top 10 hotel chains in the world are developing more than 1,500 new hotels.
According to TOPHOTELPROJECTS – the leading data provider for hotel construction projects and hotel chain headquarter contacts, the worldwide leading hotel chain InterContinental Hotels Group has more than 250 new hotels currently in development. They are way ahead any other groups, with more than 658,000 hotel rooms and another 1,000 more new hotels in their global pipeline.
The second largest hotel chain Hilton Worldwide is expanding their luxury portfolio of 307 hotels construction projects. Following behind is the Accor Group, Europe’s leading hotel group and also No.5 in World Ranking Position, is having 349 new hotels under construction. Starwood Hotels & Resorts, whose No.7 in the World Ranking Position has got 277 top hotel projects.
Having a strong presence in the EMEA region, Carlson Rezidor Group whose No.10 in the World Ranking Position, have development plans of 130 new hotels. Here’s a list of hotel chain on hotel development ranking 2012 list:
- InterContinental Hotels Group (IHG) – 4.480 hotels in operation – 658.348 rooms in operation – 259 hotel projects
- Hilton Worldwide – 3.843 hotels – 633.238 rooms – 307 hotel projects
- Marriott International – 3.537 hotels – 617.837 rooms – 98 hotel projects
- Wyndham Hotel Group – 7.205 hotels – 613.126 rooms – 37 hotel projects
- Accor – 4.426 hotels – 531.714 rooms – 349 hotel projects
- Choice Hotels International – 6.203 hotels – 502.460 rooms – 10 hotel projects Starwood Hotels & Resorts – 1.077 hotels – 315.346 rooms – 277 hotel projects
- Best Western – 4.078 hotels – 311.598 rooms – 53 hotel projects
- Home Inns/Motel 168 – 1.426 hotels – 176.562 rooms – not named
- Carlson Rezidor Hotel Group – 1.077 hotels – 165.802 rooms – 130 hotel projects
(Numbers are taken from TOPHOTELPROJECTS database;date: 18.09.2012)
Source: TOPHOTELPROJECTS
If you are interested about the article, do find about the Hospitality Investment World Indonesia 2013which will be held from 18 – 20 March 2013, Pullman Jakarta Central Park, Indonesia.
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Retail project worth of an estimated THB 5 billion is to be developed by The Mall Group, Thailand’s second-largest retail chain, together with the Liptapanlop family.
The 50:50 joint-venture involving the development of a large-scale shopping and entertainment complex would be opened in Hua Hin, Thailand. The collaboration between The Mall Group and Proud Group will involve Proudputh running this project, whose the daughter of veteran politician and chief adviser of Chart Pattana Puea Pandin Party Suwat Liptaponlop.
Named as The Mall Hua Hin, this mega complex will site opposite Intercontinental Hua Hin Resort and in close proximity to Hua Hin Market Village. Sitting on a 20-rai plot on Phestkasem Road, this development will offer 80,000 to 100,000 sq m of retail space. It will comprise The Mall department store, retail plaza, entertainment anchors, financial service area, international fashion brand name stores and a five-star hotel.
Set to begin construction works early next year, it is scheduled to be completed in 2014.
This is the second provincial branch for the Mall Group after the Mall Korat in Nakhon Ratchasima, and this will also be the eighth retail project for them.
With a growing interest that began five years ago, Hua Hin offered an attractive market for investors. It transformed the quaint little resort town in Prachuap Khiri Khan province into a tourist hotspot. New property developments that included hotels, resort condominiums, hospitals and theme amusement parks have risen in the area. Two million visitors were said to travel there last year.
The Mall Group is currently in talks of launching the second branch of The Emporium in 2014.
Having recently won a bid to operate 2,700 sq m of commercial space at Don Mueang Airport, The Mall Group have plans to invest THB 200 million in an F&B themed venue, named “Wonder Food of Asia”. Operations are expected to begin on 1 October 2012.
Sales of The Mall Group hit THB 45 billion this year and is expected to reach THB 50 to 60 billion within three years.
Interested to find out more about such property development? Visit our website for Real Estate Investment World Asia 2013 for more information. The conference will be held from 25-27 June 2013 at Marina Bay Sands, Singapore.
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Retail project worth of an estimated THB 5 billion is to be developed by The Mall Group, Thailand’s second-largest retail chain, together with the Liptapanlop family.
The 50:50 joint-venture involving the development of a large-scale shopping and entertainment complex would be opened in Hua Hin, Thailand. The collaboration between The Mall Group and Proud Group will involve Proudputh running this project, whose the daughter of veteran politician and chief adviser of Chart Pattana Puea Pandin Party Suwat Liptaponlop.
Named as The Mall Hua Hin, this mega complex will site opposite Intercontinental Hua Hin Resort and in close proximity to Hua Hin Market Village. Sitting on a 20-rai plot on Phestkasem Road, this development will offer 80,000 to 100,000 sq m of retail space. It will comprise The Mall department store, retail plaza, entertainment anchors, financial service area, international fashion brand name stores and a five-star hotel.
Set to begin construction works early next year, it is scheduled to be completed in 2014.
This is the second provincial branch for the Mall Group after the Mall Korat in Nakhon Ratchasima, and this will also be the eighth retail project for them.
With a growing interest that began five years ago, Hua Hin offered an attractive market for investors. It transformed the quaint little resort town in Prachuap Khiri Khan province into a tourist hotspot. New property developments that included hotels, resort condominiums, hospitals and theme amusement parks have risen in the area. Two million visitors were said to travel there last year.
The Mall Group is currently in talks of launching the second branch of The Emporium in 2014.
Having recently won a bid to operate 2,700 sq m of commercial space at Don Mueang Airport, The Mall Group have plans to invest THB 200 million in an F&B themed venue, named “Wonder Food of Asia”. Operations are expected to begin on 1 October 2012.
Sales of The Mall Group hit THB 45 billion this year and is expected to reach THB 50 to 60 billion within three years.
Interested to find out more about such property development? Visit our website for Real Estate Investment World Asia 2013 for more information. The conference will be held from 25-27 June 2013 at Marina Bay Sands, Singapore.
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I hope you enjoyed yesterday’s tip on how to get the most out of a conference. Planning your day is a very important step in being fully prepared to participate in a conference. Don’t forget to use these tips at Real Estate Investment World Latin America October 2nd – 3rd in Hollywood, FL!
Here is today’s tip. . .
Tip #2: ASK QUESTIONS!
You will learn more and be more engaged in the conference if you ask questions. Talk to the speakers, sponsors, and other conference attendees. Find out what interests them about the conference, if they have any advice for you about other conferences, what books you should be reading about a topic, etc. Asking questions will help you learn more and it will give you a better experience.
Hopefully these tips are helpful in allowing you to be more engaged in the conferences you attend. Engagement, participation, and enjoyment are keys to a successful conference. What tips come to mind when you think about conferences?
These are my thoughts on conferences but if you want to hear more from the experts check out these two links I found: www.careerlife.net and www.scottberkun.com
Technorati Tags: conference,tips,Latin America,questions,Real Estate Investment World Latin America
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I hope you enjoyed yesterday’s tip on how to get the most out of a conference. Planning your day is a very important step in being fully prepared to participate in a conference. Don’t forget to use these tips at Real Estate Investment World Latin America October 2nd – 3rd in Hollywood, FL!
Here is today’s tip. . .
Tip #2: ASK QUESTIONS!
You will learn more and be more engaged in the conference if you ask questions. Talk to the speakers, sponsors, and other conference attendees. Find out what interests them about the conference, if they have any advice for you about other conferences, what books you should be reading about a topic, etc. Asking questions will help you learn more and it will give you a better experience.
Hopefully these tips are helpful in allowing you to be more engaged in the conferences you attend. Engagement, participation, and enjoyment are keys to a successful conference. What tips come to mind when you think about conferences?
These are my thoughts on conferences but if you want to hear more from the experts check out these two links I found: www.careerlife.net and www.scottberkun.com
Technorati Tags: conference,tips,Latin America,questions,Real Estate Investment World Latin America
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Asia Pacific’s hospitality industry is seeing unprecedented growth. But what will we be seeing and experiencing in tomorrow’s hotel? Take a look at how near field technology will be used to improve guest experience in the clip below.
The 2nd – gavin.harris
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Asia Pacific’s hospitality industry is seeing unprecedented growth. But what will we be seeing and experiencing in tomorrow’s hotel? Take a look at how near field technology will be used to improve guest experience in the clip below.
The 2nd – gavin.harris
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These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
real estate agents in costa rica
These are our three most downloaded ebooks from the Total Real Estate site.
1. Ebook: Essential Guide to Real Estate Modelling
2. Ebook: Growth Strategies For Economy Hotels In Asia
3.Ebook: Top Tips on Improving Profitability for Economy Hotels
To download any of these ebooks just click on the titles.
Leave your thoughts and comments below.
Renovating? Go Green!!
Posted on: September 26, 2012
Renovating your Home the Green Way
costa rica land
costa rica real estate for sale
costa rica real estate sale
Day in and day out, I am asked the same important question from homeowners as they undertake renovations throughout their residences: “How can I make my home green; more environmentally friendly?” Â
As a designated GREEN real estate professional by the National Association of Realtors; as well as, Certified Green Building Professional (CGP) by the National Association of Home Builders, I know that it’s not only the right thing to do from an environmental standpoint, but that renovating with green materials and appliances will be a key selling point down the road if they choose to list their home.  Following are just a few suggestions I can give to these green-minded homeowners:- Consider using bamboo, cork or eucalyptus flooring products in place of more traditional flooring materials. They mature in roughly half the time of hardwoods and are an affordable and durable option.
- Use wood alternatives or FSC-certified wood products in your cabinetry materials.
- Consider locally-sourced products when possible to reduce carbon emissions during transportation.
- Install low-flow toilets and faucets for more water reduction throughout the home.
- When shopping for appliances, look for the Energy Star label; you might be surprised at the growing number of appliances that now carry the label.
- Use eco-friendly paints, stains and finishes that aren’t made up of volatile organic compounds, which give you that woozy feeling after painting and contribute to pollution. If you aren’t sure if the paints you’re considering fit the bill, ask the supplier – or ask your Real Living Sales Professional to help you figure out if the paint you’re using is environmentally friendly.
- Reuse scraps. If you have leftover flooring, cabinetry or countertop material, keep it around. You never know where or how you could reuse these materials in the future.
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Click here for more information from your Dallas Green Realtor Lisa Von Domek.
It is always been extremely difficult if not almost impossible to get FHA financing in many condominium properties. This is because the Federal Housing Administration (FHA) has never fully supported the concept of condominium purchases. However, the FHA is going to make some temporary exceptions to the current rules.
Typical FHA rules for condominium financing provide that no one condominium in a condominium development can be eligible for financing unless the entire development has been FHA-certified. There are so many rules, regulations, and potential legal liabilities that many condo homeowners’ associations (HOAs) opt out of the process.  They had the luxury of doing this when markets were strong several years ago.
However, in today’s tight lending market, more and more buyers are wishing they could get the relatively “looser” financing offered in an FHA loan. Their dream has come true – at least for the now. The FHA announced recently that its requirements for development-certification will be loosened for the foreseeable future. They will allow FHA certification on mixed-use developments – an increasingly popular building and residential trend – “provided that the commercial interests don’t harm the building’s residential component” and the leeway regarding delinquent association dues has been expanded so that no more than 15 percent of units can be more than 60 days delinquent on dues. Previously, that number was 30 days. Also, condo association boards will be less liable for FHA certification violations than previously, which will make more condo developments more open to getting certified.
Under previous versions of the FHA condominium rules, about 2,100 of the 25,000-of condo projects nationwide were certified as of late 2011. Consequently, the FHA was insuring very few condo unit loans (35,433) and unit owners were losing money and buyers because financing was so hard to obtain. The FHA and the Community Associations Institute (CAI) predict that the rule changes “will spark home sales and help tens of thousands of condominium communities begin to recover from the housing slump.” Let’s hope so…this will be a tremendous benefit to the current market.
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Paddy Deighan J.D. Ph.D
Blogging is a highly effective marketing strategy, and this is no exception for the real estate industry. Many real estateprofessionals already use this to expand their networks and generating leads, good contents can create new leads, they are also good ways to find international investors. Based on our recent collection, here are the 10 types of blogging contents investors are looking for:
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Area Information
Area Information includes the general information, this is important for international investors or out-of-town investors. Most investors only know the very basic information about the area. Good information including: Population Growth, good and bad neighborhoods, infrastructure.
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Tax Situation
Many investors find tax as a deterring factor to invest in the US properties due to lack of knowledge. Include essential information like a tax calculation chart, or a tax calculation calculator can help you. One of the easiest ways is to simply add links to your website, interactive calculator can also be vey effective.
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Comparables
Major property listing websites have this function which helps investors like myself tremendously. As I am an international investor constantly looking for opportunities in the US, it’s difficult for me to assess each property I am interested in.
Comparables shows the latest transactions in the neighbourhood, and by doing so, investors will know if the property is valued fairly in the area.
For many American realtors, they assume most investors are familiar with various US property resources and websites, to be honest, very few international investors heard of Zillow, MLS or homes.com; so make some extra effort in showing these information on your website will be useful.
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Your Personal Experience
One missing element from most of the property blog is the “personal element”. Have you lived in the area before? Do you have information that you can share with others. Many successful realtors are successful because they can relate their personal experience with newcomers, I bought some properties because of their local knowledge.
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Experience about newcomers and international investors
Using examples in your blogs, you can see some blogs discussing about successes of newcomers to the city. Check out your local news or local businesses to see if you can see these success stories. Good stories include entrepreneurs from your area, companies set up their new presence in the area, new research facilities. Why did they choose this location?
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School Information
School information is one of the most important factors to include on your website or blog. Good schools can add significant value to the property. We have bought 2 properties because of the local schools, and they have been the best performing properties in our portfolio.
Include as much information as possible include school ratings, different schools in the area, elementary, middle school and also universities nearby.
All these information can be obtained easily online and utilizes on your website or blog.
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New Developments for the Area
What are the latest developments for the Area, what are some of the positive developments that can affect the area. For instance, property market in certain markets in Ohio and PA have recovered strongly because of the shale gas discovery which has brought in more than 100 new facilities and operations already. Michigan is already recovering very fast because of surging demand for electrical vehicles.
Include some articles, news and analysis in your website or blogs that can differentiate your area from others. Many announcements can be found from government websites or chamber of commerce sites.
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Major Employers in the Area
This is another important piece of information for investors and newcomers. Who are the largest employers in the area, these can be found from various sources – but if you can also include a little more specific information such as type of company, what kind of professionals do they usually require and salary range, this can add a lot of value to your website and build up your reputation as the area expert.
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Cost of Living in Your Area
This is the most frequently asked question and yet very few have provided such information. You don’t need to be 100% accurate as circumstances change and every family is different.
A good way to do this is to provide a range, and also list out the main items. Some cities have lower property tax, so their biggest expense will be the mortgage instead of the property tax, some areas are the other way around, and certain cities have very high insurance cost compared to others.
Recently, I published several articles comparing cost of living across different cities in the United States, Canada and Australia, I have received over 3,000 visits to these articles within very first 3 weeks; so it can be a very good content to generate traffic to your website as well.
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Area Shots
Pictures are very effective. Most property websites only show the photos of the property. You can include various local photos, such as the nearby parks, schools, recreational facilities, and any location that makes the area unique and attractive.
Some realtors display the surrounding areas, street views and 360 degree panoramic street views. Some realtors also highlight the nearby parks and playgrounds which is important for families with kids.
Blogging is really effective in connecting with potential buyers and establishing an online community of potential buyers in your area. Some have opened up forums to allow discussions taken place in their own blogs, this is another good strategy however, needs to be moderated carefully.
I hope you find this article useful to further enhance your real estate blogs or websites.
 Many international investors still put US property as the top bet in the coming years, US properties have many unique features that other markets do not have, and will continue to attract international investors. Investors invest in US properties for a variety of reasons; here is a summary of international investors that are active in the US market.
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Australians
Australia is now one of the world’s most expensive places to live, and its property market is also one of the highest in the world. This may come as a surprise to many Americans, as Australia is also a big country. However, population is highly concentrated in Australia, and median property price in Australia is easily over $500,000, many properties are priced over $1 million, and the mortgage rate there is also much higher than US.
Australian investors are investing in the US market because of strong Australian Dollar and for the stronger rental yield. It is rare to invest in a property that can yield above 3% in Australia because of the cost, and also high tax and closing costs.
 As the result, many Australian investors are switching to US property market to find their investment properties there, many investors are also adding US properties into their superannuation plans (pension plans).
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Brazilians
Brazilians have been making a lot of investments across US cities over the past 10 years.
Brazilian investors are especially active in cities where there is a notable South American population or where Brazilian companies have set up major operations such as Florida or Texas.
Brazilian business owners have also taken up various business and investment visa programs and relocate to the United States to establish their business in the US.
Investment yield is also a factor for Brazilian investors as property price in Brazil is higher than most American cities, many Brazilian families are also sending their kids to US colleges, and have been buying properties near these universities.
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Canadians
Canadians continue to be the largest investors into US property market; this trend is likely to continue for many years. Canadians are investing in the US market for several reasons:
First, it is becoming hard to find investment properties in Canada providing good yield; Second, strong Canadian dollar is also helping Canadian investors,
Third, snowbirds, many Canadians are looking for vacation homes or retirement homes in Florida, Arizona, South Carolina or New Mexico
Fourth, Many Canadian families also have plans in moving to the United States, such as for university or college, job requirements or setting up business in the US, some are purchasing properties for their future use.
With the current lending rate also at historic low point in Canada, Canadian investors are also able to refinance their existing properties due to consistent performance over the past 5 years, and use the surplus funds to invest in US properties to obtain the yield.
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Chinese Investors (Mainland, Hong Kong, Taiwanese)
Chinese investors are buying US properties in very big quantities, many Chinese families are moving to the US under the new business & investment visa programs; or buying properties for their children to attend American universities.
The living cost in the US is significantly lower than China in many instances, and investment return is also higher compared to properties in China. This may sound as a surprise to many Americans, but ask any Chinese from Shanghai or Beijing, and they will tell you the gap between the property markets in China and the US.
Chinese investors also love properties, many Chinese families have built their wealth from booming Chinese property markets; and wish to continue their investments in the US as the Chinese real estate market is cooling down rapidly.
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Generally, you can see 4 types of Chinese investors:
1) The lower-end, these include many overseas Chinese students that are buying properties under $100,000 in the US for investment purpose
2) The higher-end, which are millionaires buying luxury homes for their use
3) Developers – many Chinese families are also involved in developments, they have been buying foreclosure properties and refurbish them and resell them back to the market
4) Yield chasers, where they will build up a portfolio of high yield properties for their family or for retirement.
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Other active international investors in the US market include Russians; they are involved in many large property developments, also for their own use. They typically invest in luxury apartments or development projects.
German investors continue to be a major European investor into the US real estate. Interestingly, many German investors are actually renters back in Germany but own several investment and vacation homes in the United States.
Mexicans and Chileans are also showing great interest in investing in US properties; both have large and established communities in the United States already. Mexican wealthy families are particularly active in buying luxury properties along the US-Mexico border cities.
Indians, the Indian population in the US has been growing significantly. It has some similarities as the Chinese investors. Indian investors participate both at the low and high end of the property market. There is also a similar culture as other Asian communities to build up property portfolio for your children.
When comes to promoting US properties to international investors, always remember that US property market is actually one of the most affordable markets in the world, and rental yield is significantly higher than both developed and emerging markets.
These factors, as well as affordable cost-of-living and good living quality will continue to be the magnet in attracting international investors to the US opportunities.
Buying Real Esate
Posted on: September 25, 2012
Playas del Coco
Buy real estate in a new city and move due to a job opportunity is not easy. Real Estate buying process can be more easy if you work with a good real estate agent. The new venture is fantastic however changing surroundings will need some transitions. If this is a long-term transfer, you may decide to buy a house. Never rush your decision and devote enough time analyzing your options.
After a transfer to a different town, renting first is a great strategy. Give yourself a while to get familiar with the new location prior to buying real estate. Unpack your things and go discover the town.
Purchasing real estate is a significant decision and must not be hurried. Invest some time studying about your brand new town and its various areas before starting your quest. This can help you acquire a house which will fit your life.
The best way to explore neighborhoods is by walking. Any time you take a look at a home, make time to walk around the area as this is the simplest way to get a sense for the community. Ask questions regarding the security in the neighborhood, the conveniences offered and also the schooling system. Create a short list of areas to think about from your research.
When taking a look at various real estate locations, remember the type of existence you live. Do you prefer to be in the middle of the activity or do you take pleasure in a more tranquil life? This will allow you to figure out if you would rather live in the urban center or one of its suburbs.
Figure out the type of real estate you want to acquire when you've decided on a neighborhood. To make the right selection and keep your lifestyle in mind.
Do you turn website and blog traffic into actual sales leads?
If you don't, or at least aren't getting the number of leads you want, you are NOT alone!
One of the problems may be that you don't spend enough time creating a great call to action..
A call to action is the most effective way to convert traffic into actual customers or clients.
The most profitable sites use a call to action to convince readers to sign up for a newsletter, download an ebook, sign up for email reports, etc…
This is the difference between a highly profitable website or blog and one that fails to create the leads you want.
There are many call to action mistakes that you could be making. Below are 10 of the most common for Realtors…
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1. No Call to Action at all on your website.
You spend money and time on your website and blog for search engine optimization purposes only but your effort is wasted if you don't have a call to action at all. You may get traffic to your site, and they may even read your information, but without a call to action, most likely they will never come back and you will never know they were even there.
2. You Don't Speak with Authority and Confidence.
You must speak with confidence and authority, or readers won't have the confidence in you and therefore will not take action on your site. ( let alone stay on the site for very long)
You must have conviction when you speak and know what you are talking about in order for the customer to stay on your site and feel confident in answering a call to action..
3. You Have Too Much Self Proclaimed Hype.
The only really good "hype" on your site is from a third party.. If it isn't from a third party it is basically useless and you should leave it out! The last thing you want to do is look like a used car salesmen. I see a lot of Realtors that do this on their sites and blogs and just don't understand how they can't see that this is not what the customers and clients are looking for anymore…
4. A Call To Action That is Not Specific.
People today are busy and don't have time to think about what you are 
asking them to do. You must be very specific and spell it out in easy terms and words!
For instance, if you want them to enter their email address, tell them "enter your email address here" or if you want them to click a link, then include the words “click here” in the link.
5. Your Call To Action Is 'Below the Fold'.
You should not have to scroll down at all to find your call to action. The top third of your page is the most important! Too many Realtors waste that space with a large photo of themselves or some random image that is only a distraction from your call to action!
Most of the time, a reader will not scroll down to view all of your content, missing your call to action if it is very far down on our page! To increase conversions on your website or blog, put your call to action at the top where every reader will see it.
6. Too Many Calls to Action.
If you have too many calls to action on your site, your readers will become 
confused and may not do anything. You should pick one or two calls to action that you really want your readers to take and build around that.
For your blog, this is most likely to subscribe, and for your website it may be to sign up for email alerts for new listings.
7. Your Call to Action Is Too Small and Hard to Find.
If your call to action is too small and no one can find it, you may as well not have one at all. The same is true if it is hidden in some way on a sidebar. A call to action should not be able to be missed! In my opinion, there is no such thing as a call to action that is TOO big or TOO obvious.
8. There is No Benefit to Signing Up For Your Call To Action.
Your reader must be motivated to use your Call to action. If all you have are the words “free consultation” or "free CMA" most readers view that as a sale pitch only. You must highlight what you are going to give your reader when they take the action. How will they benefit from taking the action?
9. The Colors Of Your Site Blend Too Much.
If your call to action doesn't jump out at your readers the moment they arrive to your blog or website, then you may want to consider a different color combination for your site.
For example, if your blog or site have a blue background, you may not want a dark blue text. The contrast is too close and most of your readers will have a hard time reading your words and may not be able to immediately find your call to action. ( see number 7 again 
10. Your Content is Loaded with Realtor Lingo.
Too many Realtors load their content with industry lingo that readers may not understand. Try to write using words that the reader actually uses and understands. You are not writing to other Realtors ( or not all the time anyway!) so you need to use simple language that can persuade the reader to take action.
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Keep In Mind…Every time a reader leaves your site without subscribing, you've lost a sales lead.
You work hard to get the lead to your site, you need to have have it pay off for you!
If you can create a call to action that your readers just can't resist, you will have the successful website or blog you have always wanted!
Costa Rica Land Investments, Inc. (CRliinc.com) is an independent Costa Rica Real Estate agency that provides property finder services. If you are interested in investing in Costa Rica our experienced multi-lingual team will guide you through e very step of the buying process and help you make an informed and sound investment.
CRliinc.com web site allow property owners and real estate agents to advertise their properties using our paid or free services. If you are a property owner we can also promote the sale of your property using our Network of Real Estate Brokers, Investors and our potential client database which is formed from people that already are interested to buy in Costa Rica, in this case you will pay us a % of commission at closing, for more information send us an e-mail to info@crliinc.com
We are dedicated to helping you find the right property in Costa Rica ranging from that dream apartment or villa to large development land, commercial units and golf courses. Many of these highly desirable projects are not listed on this website due to their confidential nature so please contact us for assistance in finding your investment opportunity or property in Costa Rica.
We have representation, properties and working partnerships with brokers all over Costa Rica including the all Central Valley (San José, Heredia, Escazu, Santa Ana), North Pacific (Guanacaste, Liberia, Nicoya, Santa Cruz, Papagayo) , South Pacific (Dominical, Osa), Northern Region (Arenal, Monteverde), Caribbean (Limon, Puerto Viejo, Manzanillo), Central Pacific (Southern Nicoya, Peninsula, Puntarenas, Jaco, Quepos, Manuel Antonio). In fact we are part of the Finest Costa Rica Real Estate that it’s the largest network of real estate agents and websites in Central America. This means that Costa Rica Land Investments is in a privileged position of being able to offer our clients a specialist property finding service ensuring that when you do invest in property in Costa Rica you make the right choice.
We can also recommend like-minded professionals from lawyers, surveyors and builders to interior design, banks, other financial institutions and property services to accommodate the purchase of your property in Costa Rica and help make it a seamless experience.
Please take some time to look through the information on our website and do not hesitate to contact us for further information on buying or selling property in Costa Rica.
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Costa Rica national Parks http://ping.fm/C0Oc2
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Museums of Costa Rica http://ping.fm/kqI2y
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Beaches in Costa Rica http://ping.fm/iq3Na
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Wildlife of Costa Rica http://ping.fm/NCPDc
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Hotels in Costa Rica http://ping.fm/0TKHL
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Provinces of Costa Rica http://ping.fm/UbxYC
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