Can You Safely Sell Your Home and Rent It Back?

Plans that allow homeowners to sell their property and then rent it back are often referred to as sale and lease back or buy back schemes. Simply put, the property owner sells the home and then continues renting it from the new owner. This means that the home will no longer be theirs, but they will continue to live in the same home without being forced to move.

One major contributing factor with regards to why people choose this kind of scheme is that of financial pressures. Although we have grown accustomed to many luxuries and a certain way of life, this has in no way eased up the pressure on our pockets! In fact, many homeowners feel a bigger pinch today than they did years ago. These financial hardships affect a large majority of the population and can make it difficult or impossible to continue making monthly mortgage payments.

When a homeowner can’t afford to pay their mortgage, for whatever reason, there is the instant worry that the bank is going to „come knocking“. Rather than remaining homeless, these struggling property owners choose to sell their property instead. By choosing to sell and rent back the property, rather than simply selling, the whole hassle of packing and moving is eliminated. There’s no need to downsize, pay professional movers to transport your precious belongings, or hunt desperately for a home that you can afford. Selling your home and trying to find a new place to live while managing your usual daily responsibilities is not only stressful and tiring but also unnecessary. In addition, when you sell your home, you will enjoy some instant financial relief, and you can use the funds to pay off your other debts or fund another investment perhaps.

It’s important to note that such schemes are run by individuals and private companies. Just like any financial decision, it is best to take some time to consider all of your options and read all the fine print in the agreement before you sign. Try to consult with at least three different individuals or companies who are willing to offer this scheme and don’t be afraid to obtain legal advice to make sure that the terms are in fact legit. An independent financial adviser will be best equipped to lay out your various options after taking your financial situation into account. It is important to seek such advice and make sure that selling and renting back your property is indeed the best option.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Andrew Larkin

Homeowners: How To Start The SELLING Process?

We often, witness, many individuals, seeking to sell their homes, fail to take the best actions, in their own, best – interests! After all, since, for most of us, the value of our house, represents our single – biggest, financial asset, doesn’t it make sense, to proceed, from the start, with the finest, possible, SELLING process? Don’t let your prejudgments, greed, or, unwillingness to take the necessary time, to fully consider, the best real estate agent, to choose, to serve your best interests, hurt you, either, in terms of, the time needed, or obtaining the best possible price, in the shortest period of time, with a minimum of hassle! With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, using the mnemonic approach, what this means and represents, and why it matters.

1. Strengths; solutions; sales: Be honest with yourself, and know, both the house’s actual strengths, as well as weaknesses. Accentuate the positive, while addressing the potential negatives. Asking price, and selling price, are different, so act wisely, in pricing it right, from the start!

2. Emphasis; eye – appeal; excellence; energy: Begin with enhancing the eye – appeal, of the property, and ensure, you maximize curb appeal! What should the selling/ marketing emphasis, be, to get you, your desired results? Today, energy, and energy efficiencies, are considerations, so, address these, proactively, from the onset!

3. Listen; learn: One of the reasons, to interview agents, and carefully, choose the right one, for you, is, because, it’s important to effectively listen, and learn from your agent, so, you proceed, with teamwork, and on the same – page!

4. Listing price: Don’t be greedy, and opt for, an unrealistic listing price! Rather, price it correctly, from the start, because, in most cases, a homeowner gets his best offers, in the first few weeks!

5. Imagination; integrity; innovative; improvements: Your agent must possess absolute integrity, on your behalf! Together, you will be, best served, when you use, the imagination, to show the house, to its best accord! Accentuate any improvements and renovations, while letting your agent, proceed, with an innovative, customized, marketing plan!

6. Needs; niche: Selling your home, means addressing, both your needs, as well as the perceived ones, of qualified, potential buyers! The plan must consider, and appeal, to the niche, your home, best fits into!

7. Get views; gaining competitive advantage: Your agent should recommend your listing price, based on your local market, and the competition. Seek a competitive advantage, by fully considering, the best pricing model! The preliminary objective should be, to get as many views, as possible, Smart pricing, achieves the necessary vies, to gain, a step – up!

When you want to sell your home, create and develop, the best, possible, SELLING approach, and plan! Be a smart homeowner!

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Richard Brody

How NOT to Hire a Real Estate Agent

If you do NOT read this report you will almost certainly lose thousands of dollars when you sell your home…

Home sellers don’t know how to spot a good real estate agent

This is understandable when you consider that you will only buy and sell one or two properties in your lifetime. Your home is probably your biggest asset. So, be careful whom you choose to sell it; one slip-up from an agent will wipe thousands off your selling price.

Ask the right questions

Many home sellers ask the WRONG questions when they interview an agent. They ask questions such as „How much do you charge?“ or „What’s my house worth?“. While these questions are important, they should only be asked after the agent has told you what they’ll do for you and how they’ll get you the best price.

This report is your guide to hiring a real estate agent. I’m going to show you how to spot and select the best agent to sell your home. After all, I believe there’s no one better to sell your home than a highly skilled agent. The problem is that highly skilled agents are hard to find.

WARNING! Don’t settle for second best. Too many sellers make the mistake of picking the ‚best of a bad bunch‘. You could be better off without an agent

Check out your agent

It’s a sad fact, but many people don’t check-out their agent until after they have signed with them – by then it’s too late. After you sign you’re stuck; you could be locked into a ‚minimum 90 day‘ contract.

The questions and information in this report will give you the knowledge you need to keep the power when you’re selling a house. After you sign you lose your power.

Agents love to say they are all different but basic research will prove most are the same. It’s the ‚cookie cutter‘ approach when it comes to selling your home – every property is sold the same way.

What to look for when choosing an agent

In 2006 Neil Jenman (my Dad) was asked to provide a list of questions, comments, and hints to help home sellers choose an agent for a TV show he was hosting. He called his list of questions and comments, GUIDE TO GRILLING AGENTS. Over the last few years I have given the guide to many home sellers. This report contains many of the questions and comments in his original guide.

What does a good agent look like?

Most agents will be well dressed, on time, and prepared. But the best real estate agents will be the ones who put your interests first. They will offer solutions that suit you first, not them.

Agents who ask for money to advertise your home should rarely be hired. After all, if advertising was the only reason your home sold why do you need a real estate agent?

Questions are the answer

Sometimes the answer to one good question will give you the confidence you need to hire the best agent to sell your home. Good questions do the hard work for you. Before you jump in and start grilling real estate agents, take a step back.

Put your home buyer shoes on. And start with a mystery shop…

MYSTERY SHOP

Department stores do it, so why shouldn’t you? Use the ‚process of elimination‘ to weed out the poor agents. Why bother interviewing a real estate agent who doesn’t bother to return buyer’s calls? Start with an email. Approximately half of all buyer enquiry arrives via email.

If you send out 10 emails to 10 local real estate agents, I can almost guarantee that you will not receive 10 replies. If only 5 reply, then you have just saved yourself having to interview 5 agents. Include your phone number in your email. Do they call you back? Or do they just email a standard response? An agent who follows up with a call has a much better chance of ‚closing a sale‘ than an agent who sends a standard reply.

QUESTIONS ARE YOUR BEST WEAPON

If you don’t ‚test‘ your real estate agent before you hire them – one thing is for sure – the buyers for your home will do it for you.

What follows are questions that have proven to be a huge help to sellers.

REMEMBER: You are the owner of the property. You are considering employing an agent to sell your property. You are the boss. You have the power BEFORE you sign up. Make sure you keep that power at all times. Control the agents, do not let the agents control you.

Your home’s selling price is determined by your agent’s ability to negotiate

• HOW ARE YOU GOING TO GET THE BEST PRICE FOR MY HOME?

When you ask this question many agents will start throwing around the word negotiation. You want to be certain that they are capable of negotiating a high price for your house, ask them to teach you something about negotiation.

Question their ability to negotiate.

Ask them what they know about negotiation. It’s a big point that most home sellers miss because they focus on what the agent says rather than on what they do.

Here’s one of my favorite questions to ask a real estate agent:

• WHEN/IF YOU BRING ME AN OFFER, HOW CAN I BE CERTAIN THAT IT’S THE ABSOLUTE BEST PRICE THAT THE BUYER CAN PAY?

Many real estate agents will have difficulty answering this question. It’s a question that’s rarely asked of agents. Ask it. The answer will tell you a lot about an agent.

Some more questions you can ask are:

• Are you a good negotiator?

• Can you tell me some of the main points you know about negotiation?

• Can you give me some examples of the results of your negotiating ability?

The Biggest Liar Gets the Job

When hiring a real estate agent, the biggest liar (the agent who quotes you the highest price) often gets the job. It’s an old (and very true) real estate saying.

Unfortunately many home sellers hire liars. This happens because people who hear what they want to hear don’t perceive the information as being a lie.

One of the best questions you can ask is:

• WHAT WILL YOU DO TO GET THE BEST PRICE FOR MY HOME?

Once you are satisfied with the answer then ask:

• WHAT PRICE DO YOU THINK YOU CAN SELL MY PROPERTY FOR?

Most agents will try hard to hedge around this question. They may be vague and say such things as „It depends on the market,“ or they may use the common ploy of answering a question with a question, such as, „How much do you want?“

Sellers should stand firm and press the agent on this point by making such comments as:

You are the agent, you sell lots of properties in this area, surely you know how much you can sell my property for – even if you have to give me a range. After all, you are the expert, aren’t you?

Once the agent has given a [verbal] quote, ask the following:

1. Will you give me that quote in writing?

2. Do you usually sell properties for the price that you quote the sellers?

Regardless of the answers, don’t dwell too long on any point at this stage. Just keep the questions rolling…

It’s not what you pay an agent, but what they cost you, that counts.

• How much commission do you charge?

Most agents will talk about ’standard rates‘ or they will say that the rate is recommended by the Real Estate Institute – this is to soften the shock. Sellers should make comments such as:

Is your fee negotiable?

Have you ever reduced your fee for anyone?

If you should ask me to accept a lower price than the price you have quoted me, will you also accept a lower fee?

NOTE: Be wary of agents who cut their commission to get your business.

These agents are often poor performers who rely on discounts to get you to sign with them.

• What is it about you and your agency that makes you better than other agents?

This is a great question. The agents all want to say that they are „the best“ but they will struggle to define what is meant by „best“. Of course, „best“ to a seller means the highest price with the lowest risk and the lowest cost.

The Issue of Advertising

With almost every agent, advertising will be a big point. Be careful, this is the most common way in which thousands of home-owners lose thousands of dollars without selling their homes!

The Golden Rule when selling a home: Never pay any money for any reason to any agent until your home is sold and you are satisfied.

The Silver Rule is this: Don’t sign anything that requires you to pay any money [in the future] for any reason if your home is NOT sold.

Some agents will say „you don’t have to pay for advertising until your house has sold“ but what they fail to mention (or make clear) is that if your home fails to sell you will still have to pay.

Here are some comments and questions that can be made to an agent which show the absurdity of the advertising policies in most real estate offices.

• Why do you expect me to pay for the advertising to find a buyer? Surely the commission should include advertising?

• Why should I pay twice – once for advertising and once for commission?

• If you put ads in the newspapers [and charge sellers for those ads] and the buyers are going to come via you, what are you doing that sellers can’t do for themselves?

• If you advertise my home and I pay for the ads and you get calls from buyers and those buyers buy a home other than mine, do you give me any money back? If not, why not?

• If I pay you [thousands of] dollars for advertising and you do not sell my property, what happens to the money I paid?

• I notice that your advertising has your name and the name of the agency prominently featured. Surely I don’t have to pay the cost of advertising you and your agency?

• Based on the length of time you have been in business and the number of people who contact your office, don’t you already have a list of buyers on your books?

• I am not going to be paying any money to any agent for any reason until my home is sold. Once my home is sold within the price range that you quoted me, I will be delighted to pay you a GENEROUS commission as a reward.

This is my firm policy as a seller. Do you accept my policy?

Random comments and questions… [or other ways to make the same major points] might include…

• I want an agent who will get me the highest price at the lowest cost with the lowest hassle and, of course, without any risk of loss if there is no sale. Are you comfortable with being able to meet these simple requests of mine?

• How many properties do you sell? (Let them ask you if you mean weekly, monthly or annually, to which you reply that the time frame doesn’t matter. You just want to know that they are capable of getting results).

• What provisions do you take to ensure the security and safety of my home when it is being shown to prospective buyers?

• If I find a buyer – such as a close friend or relative – will you want me to pay you any commission?

• Have you ever had any unhappy clients?

• What were they unhappy about?

• If I employ you and I am not happy with your performance, I want to be able to dismiss you without any penalty to me. Is this okay by you?

• The agent I choose will be given an initial time period of 30 days on the selling agreement between us. If my property is not sold in 30 days and if I’m happy with the performance of the agent, I will be happy to extend the term of the agent’s appointment. Is this okay by you?

SELLERS‘ TERMS & CONDITIONS

Get the agent to agree to your terms BEFORE you agree to the agent’s terms.

Finally, the biggest and most important point of all for home sellers – DO NOT SIGN the document that the real estate agent asks you to sign – at least NOT on the agent’s first visit.

Ask the agent the following questions:

• If I decide to employ your agency to handle the sale of my home, what document will you be asking me to sign?

• Can I have a copy of that document so that I can get some independent advice about it?

• The following is the start of your final words to the agent at the end of the agent’s first visit…

As I am the owner of the home and as I will be employing an agent, I will be preparing a list of my own terms and conditions under which I employ an agent. I will be asking the agent to sign my terms and conditions before I sign any terms and conditions prepared by the agent. Further, if any of my terms conflict with the agent’s terms, then, of course, my terms will take precedence.

• Are you okay with me, as the owner of the home, telling you, the agent, what I require you to do?

Thank the agent for coming and tell the agent that you will be in touch should you require the services of his/her agency. Stand up, shake hands, walk towards the exit or front gate. Wave goodbye.

Smile, you have done well. You are in control.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Lloyd Jenman

Realtors – How Will ArabAvenue Impact Your Business

When putting up a property for rent or estimating the amount to be paid monthly by the tenant, the term rental amount comes up. But what does it mean?

Rental amount, also called rental value, refers to the sum of money that one has to pay for the temporary use of particular items, equipment, and services. Generally, its payment ensues weekly, fortnightly, monthly, or periodically.

Now, it is evident that one cannot determine the rental amount of property at random. Additionally, it can be neither too high nor too low to avoid putting off prospective tenants and incur losses for the landlord, respectively. The rental value depends on several factors that directly influence its rise and fall. In this article, let us have a look at what they are.

  • Market Value of the Property

The market value measures the current standing and significance of a particular property in the real estate market. Suppose the acreage in question lies in an area or neighborhood with multiple public facilities and amenities like metro stations, convenience stores, hospitals, train stations, and so on. In that case, it will inevitably be in high demand. These factors would make the potential leaseholders appreciate the worth of the property, allowing its value to rise in the charts.

On the other hand, elements like increased pollution levels, a decline in safety, and stalled infrastructure projects in the vicinity of the property can result in a decrease in its market value. Subsequently, its rental rate or value would also drop.

  • Prevailing Rental Rate

It would be strikingly eye-catching and off-putting for probable renters if the rent of a specific property is considerably higher than the rest around it. Too low a price would also defer tenants as they would believe that something is wrong with it. Thus, it is imperative to consider the entire area’s rental rate before setting one for a new house or land.

However, this comparison and reference must only be done to and taken from similar properties. For this purpose, one can take into deliberation the following characteristics:

  • Number of bedrooms and bathrooms
  • Year of building and most recent remodeling
  • Lot size
  • Included facilities

Additionally, the money spent behind mortgages, maintenance, tax, and repairs, which owners have to pay when the property is left unoccupied, should be contemplated.

  • Extra Amenities

Properties with additional facilities like parking spots, verandas, swimming pools, gardens, and so on will, without a doubt, command a higher rental amount. Furnished or semi-furnished houses with cupboards, fans, storage space, kitchen appliances, and beds will go for and fetch more rent than the non-furnished ones.

  • Rental Rate

Rental rates estimate the suitable and acceptable amount of rent that a property occupant can and would have to pay. It lies at about 2.5% to 3.5% of the acreage’s market value.

However, the rental rate may differ depending on the property’s demand and supply disequilibrium. Nevertheless, the maximum and minimum values should not exceed 3.5% and 2.5% of the market value, respectively.

Ways to Value a Real Estate Rental Property

Primarily, there are five ways to determine the rental amount of a property after considering all the associated factors. They are:

  1. The Sales Comparison Approach (SCA)
  2. The Income Approach
  3. The Capital Asset Pricing Model (CAPM)
  4. The Gross Rent Multiplier Approach (GRM)
  5. The Cost Approach

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Shalini M

8 Important Ways Homeowners Benefit From Using Real Estate Agents

Whether, you are a homeowner, who has decided, it’s time to sell his house, and relocate, or a potential buyer, seeking for the so – called, home of your dreams (the American Dream of home ownership), you will have the choice, of either, doing so, on your own, or using the services of, and being represented by a quality, experienced, professional, real estate agent. Some believe they will get a better deal, when they do so, on their own, because, there will be no, or fewer commissions. However, according to the National Association of Realtors, or NAR, homeowners, generally, net more, even after considering these, than those who do so, alone. Buyers also benefit because the right agent, has the local knowledge, to properly provide you, with relevant, professionally prepared, Competitive Market Analysis (or CMA), so you have a better idea of market value and the competition. With that in mind, this article will attempt to briefly, examine, review, consider, and discuss, 8 important reasons, homeowners benefit from using the right real estate agents, for their specific needs, and situation.

1. Local knowledge: Although markets, and times, change, in the vast number of circumstances, you will get your best offers, in the first few weeks, after it’s listed on the market. Therefore, pricing it right, from the start, often makes the difference, in a significant, major way!

2. Marketing expertise: The right agent, will create a customized, personal marketing plan, which addresses your specific residence and property, location, etc, as well as your priorities, needs, etc. There is no, one – size – fits – all, marketing process, so using a quality real estate professional, often makes a significant difference.

3. Agent’s network: Those who try to sell their house, on their own, often discover, they fail to attract as many potential buyers, as those using a professional. This is referred to, as an agent’s network, which includes the important tool, of listing the property, on the Multiple Listing Service, etc.

4. Hold client’s hand: The process of selling one’s house, is often, a stressful one, so using a professional, who has been through it before, and has a better idea of what to expect and anticipation, eases many of these stresses. Seek someone who patiently, is willing to, hold your hand, through the entire process.

5. Explanations/ expectations/ modifications: Rather than assuming or guessing, wouldn’t it help, to have clear explanations? Many homeowners have excessive or wrong expectations, and the individual, who represents you, must have the inner strength, to explain fully, his reasoning, and strategies. In addition, modifications, in terms of marketing, strategies, and pricing, are necessary, and someone with more experience and expertise, is far better positioned to guide you properly.

6. Convenience: Do you want to have to stick around the house, to show, the property, or wouldn’t it make sense, to hire someone, to do so, professionally? Open – houses, are only a small component in the overall strategy!

7. Negotiating: Professionally negotiating, on your behalf, benefits the client! Wouldn’t a professional, do a better job, in most cases?

8. From transaction stage, through closing: Hire someone who will be there for you, from the initial listing stages, showings, marketing, service, to the transaction stage, and then, until the closing, and house transfer is completed!

These are only 8 of the advantages of hiring the right person to represent your real estate needs. Focus on your needs, interview several, and choose, the right agent, for you!

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Richard Brody

Selling Your Own House – What Are the Pros and Cons of Not Using an Agent to Sell Your Home?

Have you thought about selling your own house? The reason many people seem to go through the home selling process on their own is mainly to save money! If you consider that the average agent’s fee is somewhere between 5%-7% of your total sale price, perhaps you can understand why many others have decided to sell their properties themselves.

If you wish to sell your own house, you first need to be fully aware of the disadvantages. An agent is obviously a professional and knows the industry inside out. There are many legal issues that can cause you problems, but an agent will know exactly how to handle these. Also being a professional, they will know how to negotiate with other agents, brokers and potential buyers. Additionally, if your home does prove popular, your agent can deal with the constant calls and enquiries from buyers.

The advantages of selling your own house include – well you save yourself the massive fee for a start. You are the one in charge, so you decide when to hold house showings. You decide where you are going to advertise. Another important consideration when selling your home is that you should realise an agent is not solely looking to sell your property. They will no doubt have a large portfolio of clients to deal with. This can often mean that an agent may have more important cases to deal with.

However, when selling your own house, you will be 100% committed to getting your home on the market and getting the best price you can. This doesn’t have to be a difficult task either. There are numerous websites and research materials dedicated to help you get that sale!

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Sam Renstaff

Be Aware Of Form 122 – ‚Mutual Release‘

Regardless, if you are a first time home buyer or a person who has chosen to Invest or become an Investor in Real Estate, you should read this first. Real Estate Agents can also benefit. A reminder that when a person puts an offer on a property, it is exactly that, „their offer“.

As a Buyer, when you put an offer in on a Property, you need to remember that this is your offer. When signing the contracts and attaching your Schedules, you need to make sure that the clauses are to your benefit. Be aware that the Realtor is working for themselves and therefore out to protect themselves and not you the Buyer or even the Seller in a lot of cases.

What is a Form 122 – Mutual Release?

This is a contract. It is brought into play by the Realtor, if the Realtor believes that you are backing out of the original contract, which was entered into to purchase the property. This contract is solely for the benefit of the Realtor and the Real Estate Company that the Realtor is working for. This contract needs to be signed by both the ‚Buyer‘ and the ‚Seller‘. The Buyer is asked to sign first. Then the contract is passed over to the Seller for their signature.

Here is the catch. When the Buyer signs the form (that’s you), you are automatically letting the Real estate company off the hook for returning your deposit money to you. You have just relinquished your rights to sue for your deposit, if it should come to this. Then the Real estate Company passes this form onto the Seller for their signature. If they sign it, everything should go smoothly, and your deposit should be returned. If they decide not to sign this contract, you do not get your deposit back. The Seller does not get your deposit either and it remains in the Trust Account of the Real estate Company. At this point, you would need to sue the Seller in order to have your deposit returned.

While constructing your clauses in your Schedules, make sure that your writing is accurate and precise. One or several of your clauses should clearly state an irrevocable instruction in the Agreement that addresses the situation. This is the only way that you can rest assured of having your deposit returned. Each and every clause that has to do with an Irrevocable time line or the waiving of a condition (which is an irrevocable time line) should be followed up with a clear statement, saying that the deposit is to be returned in full immediately.

Always have your documents checked over by a Lawyer. In fact, keep in touch with your Lawyer throughout the entire process, to make sure that the Contracts will be protecting you at all times.

The reason that I am suggesting this, is because, you may think that you have (and you very well may have) a sound proof Contract, that will protect you. While doing your due diligence on the Property, you find that some of the terms are not satisfactory and you exercise your right to walk away from the deal. Be aware of the Realtor, that does not know how to read contracts and thinks that you are just backing out of the deal. The Realtor will refuse to return your deposit money (which is being held in trust) and insist that you sign and fill out a form 122 – Mutual Release.

This form is a controversial form and if you do your research on it, you will find many definitions. Here is mine. The bottom line is that once you sign it, you will have negated your original contract and left it up to the Seller and the Realtor to get your deposit back. What the Realtor does not understand, is that the original contract will stand up in court. However, it is a huge inconvenience and time waster for an Investor.

So please make sure that your contracts are set up properly, because you never know when you will need that contract to stand up in the Court of Law.

We hope that you have found this information both enlightening and beneficial for the next time that you are putting an offer together and constructing your contract.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Laurie Vaughan Sherman

Green Real Estate and Education Go Hand and Hand and the Timing Couldn’t Be Better

What a better time to think of value in residential real estate than in the present challenging times. Most are still wondering if the projections of a turn around in the current marketplace are just fiction or truth. Five steps forward and two back, then three forward and three back. So what is really going to drive value for the buyer to buy again? What does a buyer consider in today’s economic climate for the decision to buy a home? Do they think of a home for their family in terms of how their parents looked at the purchase? Do they still think a home is the American Dream where investment returns will be offered in the 6-8% in annual growth patterns as in the past?

The current climate offers a new sales technique for mortgage and real estate companies in moving property. The „short sale“ market is of value to the investor, but counter productive for future community values. So, if you want to sell a home in this market, what are your options? The appraiser will always look at recent sales, and there have been several homes foreclosed and resold as short sales in your neighborhood. The bad thing is the family that wants to move across town into a nicer home, but the short sales will affect the value of their home dramatically. Appraisers will look at the most recent sales using the cost approach to determine value. This gives you only one real option to take less for your home, and hopefully buy a short sale across town if any are available. I mean why should we take such a loose; we were always on time with our mortgage and taxes, why are we being so affected by others hard times.

So you don’t sell, because you do not want to take such a loss and there are no foreclosures in the area you want to go. What do you do to build value for the future? What do you honestly think will help your home stand out in front of the others? What do you think a buyer is thinking about today? Low utility bills? Are they considering looking into solar or energy savings? Are they curious about green building and green renovation products? Here is an idea. Put $15,000 in energy efficient upgrades in your existing home, taking advantage of the tax incentives and rebates. Now, depending on the upgrades you have chosen, the property stands out in this development. With offering up to 65% lower energy bills alone a buyer desiring your neighborhood may lean towards your home even if there is a short sale for less money. The timing couldn’t be better as most are curious on how to renovate to lower utility bills. Green renovations, can make a difference in real estate values. Using healthy materials and installing more high efficiency systems will making a difference in quality of life. While economic times are challenging those involved in the energy sector hold promise for growth. Our company, Green Real Estate Education is educating all sectors in the real estate industry to bring these points to those is there markets. Our educational programs are in demand even in these economic times.

Energy Efficient Homes and proper marketing especially if they offer the added benefit of being green certified properties are some of the most sought after residences and gaining strength daily. The entire building industry is changing towards sustainable and green techniques; it’s about time we embrace the new green revolution.

It is our opinion that a home seller should separate their property from the short sales and get green products and systems into their home as soon as possible. Some may not be thinking of selling right now, maybe in the future. But all renovations need to have energy conservation and the concepts of offering healthier indoor air quality in all they do in the future. . To investigate the best and most affordable way is to do a green renovation that will produce future value, is to hire a one of the 5,000 Green Real Estate Education has trained. A GCMP-GL is a Green Certified Mortgage Professional with a Level One Green Leadership Certification and a GCREP-GL is a Green Certified Real Estate Professional with a Green Leadership Certification. These professionals will offer options many do not even realize exist. Preparing your home for your future and the future of others will be a key to a successful sale. As a buyer, using these professionals will bring you additional information for becoming more aware of what your investment can bring in the future. This can and will support value while separating your home from others.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Kerry R. Mitchell

4 Golden Rules To Get A Good Deal On A House In A Great Locality

Finding deals on houses are hard but not impossible. More often than not, the house and the deal you are looking for are right in front of you but you haven’t been able to find it. After reading these golden rules, you will be able to. Jump right in to discover what you have been missing.

Rule #1: A Great Deal May Be Impossible, But A Good Deal Isn’t

There are those localities in every city where property rates have not fluctuated, especially during a time of depreciation. This is the best deal you can get. No matter how good or bad the market is, the rates will stay the same, and this means your investment is safe. You need to be diligent enough to look out for these localities. A little research will help you with that.

Rule #2: The One Who Comes First Is Not Always The Winner

When you are looking for a house in a popular neighbourhood, you need to understand that a deal once made, will not stay on the table for too long. Usually, when two or more houses are introduced into the market, the one with better advertising and presentation takes the cake as it garners more attention. Now the rule is to go with the one that lost its bid as those houses will come at a marginally cheaper price.

Rule #3: If You Love The House, It’s Not For You

Yes, this is true. If you loved the house you visited, then there is a definite probability that most of the prospective buyers did too. These houses are specifically designed to appeal to more people, and it may well be out of your price range. In such cases, search for more affordable options while your competition is wasting time on lusting after an extremely expensive house.

Rule #4: If An Offer Is Too Good To Be True, It Probably Is

Real estate dealers use this strategy where they quote an obscenely reasonable price for a good house. This doesn’t mean that the house is available at this rate; it just means the listing agent has decided to increase the demand in the market for that particular house. If you see such ads, you should definitely stay away from it.

Overall, buying a house is a very serious decision that can affect the rest of your life. These golden rules will prevent you from falling prey to the clever strategies devised by realty professionals to deceive you in the home buying process.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Abishek Kumar

Don’t Turn Down Showings If You Are Serious About Selling Your Home

I am a real estate broker and I mainly work with higher end, serious clients. Recently my assistant called one agent four times trying to get an appointment on a particular home that is for sale. The morning phone calls went like this:

1. Today’s request DENIED because they want 24 hours notice (we called at 9 am for a 4 pm showing)

2. Tomorrow’s request DENIED because it must be after 5.

3. Tomorrow’s request DENIED because oops now it must be after 6. (Buyer only has a babysitter home till 6 pm)

4. Friday’s request for any time before 12 noon DENIED because seller must be home to care for the large dogs in the house.

I didn’t try a 5th time.

What does this say to a buyer? A seller (or seller’s agent) who denies four appointments in a row, when I have a ready, willing and able buyer in hand is just a fool.

The best thing you can do when your house is on the market is make it READY TO SHOW. Keep it clean and neat to the best of your ability at all times, and don’t turn down showings.

This seller lost out today. The buyer was discouraged that we could not get in. In fact, the image the seller (or agent) conveyed is that this house is hard to show, and so imagine how hard it will be if the buyer LIKES it and wants to make an offer? If the seller is this difficult on scheduling showings, how difficult will he/she be in negotiating and handling the deal?

Food for thought.

Immobilienmakler Heidelberg

Makler Heidelberg



Source by Erica Ramus

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