Real Estate Advice

download-34Many home buyers and real estate investors have been prompted by steadily increasing interest rates to be more aggressive in their hunt for bargain homes. Competition for the best-priced and most attractive homes has only increased in most real estate markets and because of that intensity, foreclosures are drawing more and more interest from prospective home buyers and investors.

While foreclosures certainly offer some financial benefits, there are also risks involved, as you might expect. Not every foreclosure is the same and while the interest in them is growing, you need to be aware of what to look for when evaluating whether or not a foreclosure opportunist is right for you. Here are some things to look for.

Pre-Foreclosures
Pre-foreclosure properties can offer an attractive investment or home purchase opportunity to those willing to work for it. There exists a period of time in between when a home owner is notified that their loan is in default and when the bank actually seizes the home to put it on the market to recoup expenses. During that period of time, it is possible to purchase the home and satisfy financing requirements on it.

There are two negatives at play when going the pre-foreclosure rate and both discourage a majority of the potential investors that contemplate the pre-foreclosure route. One is the extremely brief period of time available to complete a deal. The period of time is regulated by individual states and usually consists of a couple months.

The other discouraging aspect is the necessity to deal with a home owner that is probably embarrassed by the foreclosure and may not even be aware that such information is made public. Knocking on a door or picking up a phone to contact someone that may not even be aware of pre-foreclosure purchases can be a difficult thing to do.

The Risky World Of Auctions
The best advice for those pondering auctions as a way to get in on foreclosed property is to simple not get involved at all. The risks are immense when dealing with a bank-run auction as you will most likely not have seen the house, have no way to protect yourself against title problems should they exist and must pay in cash.

That collection of traits discourages most investors and rightfully so. There is simply too much uncertainty when dealing with auctions to know for sure that the low sticker price is necessarily worth the hassle of going through title clean up issues and scraping together the cash for a purchase.

Foreclosed Homes
As the final step on a bank’s path of foreclosure, the home is put up for sale on the real estate market, though often for at least close to its market value. Because a home has traveled through a variety of steps and banks are in no hurry to lose money on any loan, savings are often slim on foreclosed properties that make it to this step.

However, there are certainly positives. Most likely there will be at least some kind of discount off of the market price of a property, albeit slim and deals are much easier to put together. Real estate transactions more closely follow the format of common real estate transactions and offer similar protections.

So, as you go through the process of deciding to get involved with foreclosed property, make an effort to decide which step of the process you want to target. There are opportunities all along the path of foreclosed properties, but each step has its own pros and cons that must be weighed against potential benefits. Having a clear plan will save you headaches later as you complete the purchase.

Tips for Real Estate

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As in many aspects of life, the key to real estate investing can be location, location, location. While real estate is perhaps more complicated than hoping for foot traffic at a restaurant with a prime location, location does certainly play a part in the possible viability of a rental property. There are a few things you can look for in the area of your possible real estate investment that can tell you some important things about the possible long-term health of your potential investment.

Check For Growth
Is the area you’re looking at experiencing strong population and job growth? These are two important economic indicators that can help you decide whether a particular area is ripe for real estate investment opportunities. Local government web sites and federal reports are readily available with population and job growth information.

While the benefits of an increased local population are obvious, job growth that exceeds that population growth level can indicate a prospering community with money to spend. Areas that prosper are potential candidates for increased rent payments over time, one sure way to put you on the road to profitability with your real estate investment.

With job growth comes quality of life and as qualify of life improves in the area of your investment, so too grows the level of rent you can charge. It is a tried and true fact that people will pay more to live in an area they enjoy, so the prospect of an area growing more and more attractive will directly influence the financial state of your potential real estate investment.

The Real Estate Market
What is the construction atmosphere of the area like? Areas that are seeing a boom in new home construction often experience those booms because of favorable job growth, income growth and other factors. However, for an area where building permits are outpacing new population, that could be an early indicator of an over supply of real estate that could lead to depressed prices for rent payments.

The best case scenario is an area where few homes are for sale, pumping up demand, and where new home construction is strong but not out of control. That can be a fine line, but because any investment takes a great amount of homework and research, it is something that should be investigated over the course of your decision-making process on a new investment.

The Land Crunch
Just as a low supply of homes on the market can produce an upwards trend for housing prices and, subsequently, the level of rent you can charge, so too can a low level of land available to build on. In an area where population is growing and jobs are strong, all of these new people have to go somewhere.

Whenever more people want to move into an area than there are homes for those people to live in, you will see an upward slope for home prices and viable rent payments. If there is little land left to build on, those buildings that are already built will be able to charge more for their rent payments, putting your investment further towards profitability and the long-term benefit of owning property in an attractive part of town.

All of this initial information will not guarantee a profit on a rental property, but these are crucial steps to take when evaluating whether you want to put your hard-earned money into a real estate property that is sure to experience the ups and downs of the local economy. Especially for properties outside of your own home area, knowing the state of both the growth of the population and the home construction industry will help you more accurately predict the future viability of your investment.

Home cheaper than renting

Home prices are rising across the nation to levels not seen since before the download-36housing crisis and yet, it’s still cheaper to buy than rent, according to a new study by online real estate listing service Trulia.

Buying a home is 37.7% cheaper than renting on a national basis for those who move every seven years and place 20% down. This is even more affordable than last year’s 37.2%.

Buying is becoming more affordable than renting even while the median home prices continues to rise. The median existing home price increased 5.6% annually for all housing types in September to $234,200, according to the National Association of Realtors.

Buying is actually cheaper than renting in all 100 of the largest metropolitan areas in the U.S.

How much cheaper ranges from 20% in Honolulu and San Francisco to 50% in Miami and Ft. Lauderdale, Florida.

While the Fed may raise interest rates this year, rising home prices actually pose a larger threat to affordability. In order to wipe out the financial advantage of buying, mortgage rates would need to more than double, according to the report. On the other hand, prices would need to increase 67%.

In areas like San Jose, California, prices would only need to increase 24%, and rates would have to increase by 45% for buying to cost the same as renting.

Mortgage rates increased this week to pre-Brexit levels, however they still remain historically low.

Some members of the Federal Open Market Committee expressed concern over the prolonged low interest rates, and pointed towards a possible rate hike in December.

This chart shows how much interest rates would need to increase for renting to become more affordable:

Incredible Lessons I’ve Learned About Properties

Understanding Investing in Triple Net Properties

A triple net lease refers to a leasing agreement which designates the lessee in which the tenant is primarily responsible for all the associated costs of the asset being leased, in addition to the rental fee which is applied to the lease. The triple net lease expenses are categorized into “three nets” which include property taxes, maintenance, and insurance. Triple a net lease is also called as net-net-net (NNN) lease that relates to net real estate taxes, net common area maintenance, and net building insurance. In the commercial real estate, the standard names on the different sets of costs being passed to the tenant include single net lease, double net lease, triple net lease, bondable lease, and ground lease.

There is an increasing popularity of triple net leased properties most especially for investors who are searching for a steady income with a relatively lower risks as compared to other forms of investments. A triple net lease investment typically offer a portfolio of properties comprising of three or more high-grade commercial properties, wherein a single tenant fully lease the property, with current in-place cash flow. Commercial properties under the triple net lease may include shopping centers, office buildings, industrial parks or free-standing buildings operated by restaurant chains or banks, with a typical lease term agreement of ten to fifteen years in a built-in contractual rent escalation. There are a lot of benefits triple net investments can bring to an investor such as long-term and stable income with capital appreciation of the property. The management is free from management responsibilities, a long-term lease to a qualified tenant, attractive financing, stable cash flow, and unique tax benefits which only real estate provides. Triple net investments appeal to part-time investors who are looking for guaranteed income without management responsibilities, and it serve an attractive exit strategy for those with portfolios that are mature.

Like any other investment, there are a lot of factors you need to consider when structuring and valuing the deal. It is very important to assess the health and quality of a tenant’s business, ensuring the financial strength or financial capability. The different criteria you need to look for may include the operational margin, number of stores, stability of management, debt to equity ratios, and the outlook for the industry sector. You’re essentially providing a real estate capital to the business when you are leasing your property, and the success has a direct bearing on the long-term success of your triple net investment. Just contact us by checking our details in our website’s homepage if you are looking for triple net investment.

Why No One Talks About Houses Anymore

Helpful Tips For People That Are Planning To Enter The Real Estate Business

Now that there are so many properties in foreclosure, short sale,and bank reo’s, a lot of people are finding success in real estate investing. With such a huge inventory of properties available, you have to know which one of them should you invest on. In this article, allow me to give you some helpful tips that you may use as your guide when planning to invest on real estate.

1. The location of the property should be good.

A good location will always be the key to your success in the real estate business. Do not make the mistake of purchasing a property located in a declining area just because the price is low. The best properties to purchase will always be houses near schools, markets, hospitals, malls, etc. Remember that it is a lot better to pay more for a property in an excellent location compared to a house that you will get for a bargain but will be very difficult to sell.

2. Patience is a must.

If you are planning to enter the real estate business, you have to understand that this is a long term proposition. You are not going to find success overnight. To be successful in the real state business, you must remain dedicated, patient, and hard working. It is advisable that you hold your properties for at least a year before finally selling them. This is a good way to reduce your capital gain taxes.

3. Say no to lease option.

It is never a wise idea to rent a property with a lease option to buy. This goes for both sellers and buyers. If you study the process well, you will soon find out that you will lose a lot of money.

4. Buy properties near your home.

When investing on real estate, it is best to purchase a property near your home. The more you know about the area, the easier it is for you to sell your properties.

5. Research on the properties you are planning to purchase.

A single mistake in real estate investing means a lot of lost money. This is why you must do your homework. Now that most people can already access the internet, this task should be a walk in the park. It is very easy to find resources on the internet that will provide us with the information we need. Doing your homework and learning more about the business will make you a more confident and wise real estate investor.

These tips may be simple but they are very effective when it comes to finding success in the real estate business.

Why People Think Houses Are A Good Idea

The Critical Things That You Will Want To Know About Investing In Real Estate In India.

If you do not know anything about real estate you should know that it is basically the industry that involves the development of the property so that it can suit the needs of the population. When it comes to investment in real estate is one big investment that you will make and you will not regret in the future. In the event that you have a place that you can call home it give you a peace of mind and hence you are able to concentrate on other things that might improve your life in the long run.Your family will always be your firs priority hence you must ensure that you get a special home that will be able to take care of the needs of your family in the long run.

The improvements in the level of technology has ensured that more house are being built in India. The ability if using the modern technology has given the chance of building more quality hoes that are bale to ensure that durable houses are being constructed so that they can meet the needs of people in the long run. You should know that Bangalore is the best place to invent when it comes to the reals estate. The place is growing very fast hence you will get the best environment that will suit the needs of your family.

You will be able to get institutions such as schools, hospitals and other institution that will ensure that your family is comfortable in the long run.
The real estate in India can be both in the residential and the commercial areas basing on what will suit your desires. You can decide to rent and office space or buy one and you will be sure that your company will grow in the long run. IN the situation that you do not have an idea about real estate you can choose to ask the experts who will have you covered. The experts in the real estate industry are called the Realtors and you will be certain that they will guide you to get the best property that will suit your needs.

The Realtors will ensure that thy advice you on the, markets in the real estate and which type of the house that you will settle for in the long run. The experts in real estate have the knowledge and hence thy will tell you on what amount that you should pay in the long run. You should know that you will avoid situations such as overpricing in the situation that you are with the Realtors.

It is important that you hire the licensed Realtors that you avoid future regrets in the long run.

Houses: 10 Mistakes that Most People Make

Top Tips for Buying a Home

The popularity of online real estate information has made so much simpler to be an informed consumer when buying a home. Buying real estate, particularly for the first time can be unnerving, owing to the fact that the decisions you make along the way could save you – or cost you – a lot of money. Nonetheless, it undoubtedly does not have to be a scary or taxing experience. If you are considering buying your home, and getting it at a reasonable price in the current volatile property market, then preparation is essential. With enough time, care, and research, you can effectively deal with the home buying process. Here are some of the most important things that you should know if you are thinking about buying a home.

Hire a Real Estate Agent

Real estate agents are a crucial aspect of the selling process, and can give you amazing insights and experience. They also help you avoid some of the stress from the process – letting you focus on the more important things. You want an agent to have in-depth knowledge of the area and homes in your range and understand what kind of market presence they have. Keep in mind that you are fundamentally picking a stranger for an extremely important task – one that requires trust, expertise, and adaptability. Your expectations should be rigorous since you are about to buy one of your biggest assets.

Fight to Obtain the Best Price

Ask potential agents which homes they have negotiated in your area, how they will ensure that you will find your ideal home, what their fees entail, and how quickly their last 5 to 10 listings sold. Check out customer reviews. Be suspicious of agents who will lock you in for 6 months with a listing contract. Most especially, go with an agent like the Mohr Realty Group who will fight to get the deal that’s ideal for you, not the one that’s easiest for her.

Consider it an Investment

When you purchase or put up a house, and rent it out to tenants, that property starts to give you rental income (monthly or yearly based on the contract with your tenants). Moreover, rental income is believed to be passive income and is thus not subject to self employment taxes. If you are planning to lower your tax burden, you should invest in a few rental properties. Real estate is normally held as a piece of a larger portfolio, and is normally believed to be an alternative investment class. Due to the high demand for accommodation and increasing inflation, rent prices are always getting higher. Higher rent prices translate to more income for you as the landlord.

PropertyTaxRecords.org Provides Instant Access to More than 125 Million Records

FOR IMMEDIATE RELEASE

THE WOODLANDS, Texas — Counties, cities, and school districts all over the country depend on property taxes to fund their activities and projects. Whether for business purposes or to satisfy simple curiosity, PropertyTaxRecords.org now makes it easier than ever before to access the up-to-date tax records and other information concerning any property in the United States.

With more than 125 million property tax records now online and available for instant access, visitors to the responsive, mobile-friendly site can even count on flawless experiences when using smart phones and tablets. This powerful, extremely useful and confidential tool offers everything from ownership history and mortgage details to market value and current tax rates. Designed to be as easy and convenient as possible to use, PropertyTaxRecords.org is already helping people all across the nation become more informed.

“Like so many others, we’ve often wondered about the details associated with various properties, from how much a home might be worth or assessed for to who owned it in the past,” said PropertyTaxRecords.org representative Robert Sykes. “We decided it was time to give everyone access to important information like this, and the response to this project has truly been gratifying. Our records are kept up to date with the latest available information for properties everywhere in the United States, and we’ve made sure that the system is as easy as possible to use. We think many are going to enjoy using this service and find it very valuable.”

The United States Census Bureau estimates that American state and local governments took in a total of over $540 billion in property taxes last year, with about $208 billion of that arriving in their coffers in the fourth quarter. Nationwide, property taxes handily beat out both sales and income taxes in terms of the revenues they contribute, a state of affairs that has held for many years.

PropertyTaxRecords.org is the easiest, timeliest, and most accurate way to learn about the property taxes and other details associated with properties all across the country. After entering an address for a property anywhere in the United States, PropertyTaxRecords.org users can view maps and photos or choose to view a full report. With more than 125 million properties now covered in the site’s database, each record is updated regularly as new details become available.

About PropertyTaxRecords.org:
Covering more than 125 million properties across the United States, PropertyTaxRecords.org provides instant access to property tax information, ownership and sales details, market value, and more.

Suggested Post: PropertyTaxRecords.org Provides Instant Access to More than 125 Million Records

The Ultimate Guide to Options

Here Are Helpful Tips In Increasing Business Efficiency

Today, the expectations of customers to small business establishments are increasing especially when it comes to providing their services and customer support. Because of this a lot of businesses are trying to do their best to make sure that they provide the best services and customer support to satisfy their customers. There are things that these businesses can do to meet the expectations of their customers. These business can maximize their efficiency to increase their productivity and overall cost. Businesses should prioritize their efficiency.

Below are the tips that businesses can do to increase their efficiency:

A. Information must be easily accessed

If the employees do not get the right information then revenues can be lost and even some opportunities. Businesses can fix this problem if they make a by a route for communication and have a project management system to store all of the valuable information in just one certain place.

B. They should be access anytime and anywhere

Small businesses should have employees that can virtually work anywhere. If employees do not have the chance to virtually work anywhere then valuable information regarding the business can be lost. The employees of this businesses should be able to work anywhere, like in their houses, airports, hotels and many more. You can actually have a web based time clock, so you can check the accomplished work hours of all employees. You should invest in this software.

C. Establishing effective solutions with business partners

It would be difficult to do business with other organizations or businesses if you do not have the right operations management. Businesses usually have suppliers, so it is very important that businesses can efficiently work and communicate with their suppliers.

D. Streamlining the bottom line

Everyone and every work hour should be accounted for so that the bottom line is fixed. It is very important that every business should have the right time clock management system.
This kind of system is very beneficial in increasing the productivity of every employee and you can easily tract their attendance.

E. Improving employee collaboration

If there is no cooperation within the employees then exchanging of good ideas will not be possible. When this happens all of the employees of the business will lose interest and get frustrated. And as a result these employees will quit. This is the reason why it is very important that everyone in the business is in a collaborative effort. Everyone in the business must respect each other.

Improving the business efficiency can be hard work but it is really worth it. All of these guidelines can make a business successful.

Services – Getting Started & Next Steps

Here Are The Reasons Why It Is Much Better To Build Your Home Than Buying A Used House

There are a lot of reasons why people prefer to have a newly built home. Being the first homeowner is one advantage.

Here are the reasons why a lot of people prefer to have a newly built home:

A. You have the chance to design your own home

The main reason why people prefer a newly built home is because they have the chance to design it. It is hard to stay in a home that was designed by another person. You might not have the same taste as the previous owners, you might not want the flooring, the bathroom, the kitchen fixtures, lighting, counter tops and many more. You can build your home and it is designed on your taste and style.

B. You can select the layout of the rooms and floors

There are really a lot of benefits when building your home such as choosing the size of your room, deciding how many rooms should be in each floor, the type of floor plan, you can either have low or high ceilings and many more. You have the chance to build your home on your own way.

C. Everything will be new and have a warranty

Used houses has materials that are already worn out and may need replacing. When you have a newly built home they will only use products and materials that are new. The products can be your style and have high quality. If they use new materials and products they will be under a warranty. The good thing about the technology today is that you can use high quality circuit breakers and use it to build your new home . Most old houses have old circuit breakers.

D. You can save more

Today, you actually have the chance to build a home that is energy efficient. Houses that were really built for 10 up to 20 years now may not have the most advance and latest design. You do not want to settle in a house that does not have the most advanced features. You can use special window coatings so you can save money during summer or winter. There are special window coatings can actually help you save money during winter and summer season. You can actually use the latest HVAC system. When you use advance HVAC system then you will have quality indoor air. Your are much more safe when you stay in a newly built home.

E. Low maintenance

You do not need to conduct maintenance when you have a newly built home. You do not need to have high maintenance, when you use quality materials. You can save money when there is a low maintenance.

What Has Changed Recently With Properties?

A Brief Look At Property Investments As Well As Rental Agreements In UK

If you happen to be interested in property investment, it is of utmost importance on your part to know about the fact that there are so many different types lucrative investments available for it that you can choose from. With regards to property investment, you need to know that there are two basic types of properties under it – the commercial properties as well as the residential properties. On very important thing that you need to know about commercial properties or commercial rentals is the fact that it usually take a number of different forms including store rentals, warehouse spaces, storage and also, office spaces. There are so many commercial property landlords out there who have lawyers present during the drawing up of the tenancy agreement. One of the main reasons why there are lots of landlords who are sending their lawyers to attend the drawing up of tenancy agreement is because they know that majority of the commercial tenants renting their commercial properties are having their own legal departments look over the agreement itself prior to signing it up.

On the contrary of the commercial rentals, what you need to know about residential rentals is that fact that its free tenancy agreement is something that is not likely to be that difficult at all. As for the residential properties or what we often call as residential rentals (which includes house rentals, flat rentals, townhouses, condominiums, rest houses, and a whole lot more), the tenants who rented these properties will be staying there or living there throughout the term of the rental they’ve signed. When it comes to residential rental agreement , one thing that you need to know about it is that it is sort of standardized and will only vary little from flat to flat or even from home to home. Unless you have some sort of a special mitigating circumstances, there really is no pressing need for you to hire the service of a lawyer for legal representation during the drawing up of the tenancy agreement. For those who are still new to the world of the UK property investing or investment, the best thing that they need to do about it is to do some internet research for more information about rental agreements and other pertinent landlord information.

Following after your decision of investing in a property, and you are currently at the beginning stages of becoming an official residential landlord, what you need to do now is to look for information that will serve as a great help for you on successfully becoming an effective residential landlord. How you will proceed is likely to be determined by whether you are the only one who will own the property you rented or if you are just one of the investors who will be having a fair share of the said property.

Joe Manausa Real Estate Gains Endorsement of Barbara Corcoran

FOR IMMEDIATE RELEASE

(Tallahassee, Florida)– With fluctuating real estate trends at the forefront of buyers’ and sellers’ minds, finding favor among those on both ends of the spectrum is becoming an increasingly difficult feat. The staff of Joe Manausa Real Estate has risen to the challenge to earn a spot as a Top Realtor In Tallahassee. Recently, the company took matters further, gaining the endorsement of New York real estate mogul and star of ABC’s hit reality show Shark Tank, Barbara Corcoran.

In regard to the occasion, Joe Manausa, MBA stated, “We set out on a mission to cater to the needs of both buyers and sellers, and we’re proud to have become the ones those in the our area trust and know they can turn to whether they’re looking to purchase a new property or List a Tallahassee home for sale. This endorsement is another affirmation of our commitment to always look out for the best interests of our clients.”

Joe Manausa Real Estate provides buyers assistance with determining budgets, choosing essential features, researching local neighborhoods and acquiring financing among other services. Listings are made available on the company website along with an online Buyer’s Guide offering tools and advice pertaining to the process. Video tutorials, an e-course in home buying and other resources are also furnished.

For those preparing to Sell a home in Tallahassee, the company offers property value analysis and marketing as well as staging advice and offer negotiation. Resources available to sellers include videos, articles and various guides geared toward improving curb appeal, interior presentation and other relevant topics. The company is likewise known for its guaranteed sale initiative.

Corcoran, in addition to being a foremost authority on real estate and gaining fame on Shark Tank, is an investor, author, columnist, speaker and consultant. In a video publicizing her endorsement of Joe Manausa Real Estate, she stated, “…In Tallahassee, I would hire Joe Manausa…” Corcoran went on to say, “…Partner with the agent I trust…” The full video may be viewed via the links provided.

About Joe Manausa Real Estate:

Placing entire teams at clients’ disposal rather than single agents, Joe Manausa Real Estate acts as an advocate for both buyers and sellers in the Tallahassee area. The company is dedicated to keeping clients’ best interests at heart and provides a full array of services as well as a wealth of resources designed to aid and educate those on both sides of the real estate market.

The Essentials of Homes – 101

What is a Mortgage? It is basic when a person buys a property, he or she will be thinking about taking out a mortgage. This will actually mean that the person will be paying for the property with the money that he or she will borrow. This kind of loan is called mortgage loan, this kind of loan will require collateral so this will mean the property will be the collateral. So the first step that you will be doing is to contact a mortgage broker, someone who is an expert on that kind of field. The mortgage broker will work on looking for a lender for you to borrow money so that you can purchase the house, just set the house as collateral. The most common institutions that will be offering money for lending will be banks, finance companies or pension fund, they will be the best bet for you to buy the property. But there are also situations that you can actually go for private lenders on this kind of situation. You have to know that the lender will be receiving an amount with interest per month for the payment plus he or she will be holding the lien of the property because it will serve as an assurance that you will be able to repay the loan. You, as the borrower, will then get the cash from the lender and buy the property and you will hold the ownership rights to the property, evidence that you own the property. After paying the lender the amount of the loan in full, you can get the lien. But in cases that the borrower will fail to pay the lender, the lender will have the right to take the possession of the property. In mortgage loans, there will be two factors that will be blended with the amount the borrower will pay, the principal amount, is the amount you borrowed and the interest, the amount that the lender and you agreed upon as charge for borrowing. There will be three main factors that will determine the amount of interest that the borrower will pay to the lender. The amount borrowed will matter. And there will be an interest on the mortgage as well. And also the length of time that you will take to pay the lender of the mortgage loan.
5 Key Takeaways on the Road to Dominating Homes
The length of time will depend on the borrower and how much he or she can afford to pay each month. If the authorization rate is shorter, the interest that the borrower will be paying will be lower. The authorization period will last about 25 years but you will be able to change that as soon as the mortgage is renewed. More people choose to renew the mortgage loan that they have to change the authorization period.Why People Think Homes Are A Good Idea