on June 30th, 2010
Check out this beautiful Home for Sale in Scottsdale FULLY REMODELED, New Kitchen, Granite Counter Tops, New Tile and Granite in the Bathrooms, New Carpet… The Works! This Home for sale in Scottsdale is just minutes from the Loop 101 and 202 and within walking distance from downtown Scottsdale – Must See – Drive by 2516 N 86TH PL Scottsdale, AZ 85257 and take a look today!
2516 N 86TH PL Scottsdale, AZ 85257
Take a look at the listing on Realtor.com. Also, take a look at some before and after photos
on June 29th, 2010
Up to 180,000 home buyers will lose their tax credit through no fault of their own if Congress fails to pass an extension to the home buyer tax credit by June 30 when the closing deadline expires. Included in that number are thousands of home buyers in every state of the union, from 390 in Wyoming to 17,700 in California, according to estimates by the National Association of REALTORS®.
“We are strongly urging the Senate and the House to act quickly to pass this legislation and ease the minds and pocketbooks of these home buyers,” said NAR President Vicki Cox Golder, owner of Vicki L. Cox & Associates in Tucson, Ariz.
“These are not buyers who just entered into the market. These are buyers who previously met all the qualifications for the tax credit, but find themselves at the mercy of a workflow jam with lenders or other delays such as lapses in the National Flood Insurance Program, Rural Housing Service, and new home construction, and might not be able to complete the purchase of their homes by the current deadline,” said Golder. “It would be a tragedy for them not to be able to complete the purchase in time to claim the credit.”
on June 29th, 2010
There are many advantages to investors in working with an agent, and I’d like to point out the two largest ones. First, you gain access to the MLS. Remember that approximately 75% of all real estate is sold through the MLS. Second, you delegate the “right” tasks to your agent which frees you up to do what you do best (or should be best at)… finding creative solutions to ordinary problems.
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on June 29th, 2010
Check out this beautiful Phoenix home for sale, COMPLETE REMODEL With New Kitchen, Granite Counter Tops, New Tile and Granite in the Bathrooms, New Carpet etc… In short: The Works! This Phoenix Home for sale is just minutes from the SR-51, I-17,I-10 and loop 202 and within minutes from downtown Phoenix – Must See – Drive by 6714 N 14th Drive Phoenix Arizona 85013 and take a look today!
6714 N 14th Drive Phoenix Arizona 85013
Click here to view the listing on Movoto.com. Also, take a look at some before and after photos
on June 28th, 2010
As an investor, you need to understand the agent’s specific function on your team, and not expect anything of them that is outside of their area of expertise. Many investors make the mistake of passing along vital tasks to the agent that they themselves should be doing, such as crunching numbers, analyzing risk-reward ratios and predicting possible outcomes. Don’t expect your agent to make up in investment knowledge what you lack.
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on June 26th, 2010
In my humble opinion, majority of people that are attracted to becoming real estate agents seem to be a conservative, “play it super-safe” kind of persons – effective qualities for protecting the interests of mom and pop – but many times they lack the entrepreneurial spirit that thinks outside the box needed by investors.
The mentality of the average agent is vastly different to that of an investor… agents are trained to think conservatively and to protect the interests of the public, while investors are entrepreneurs.
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on June 25th, 2010
Average interest on a 30-year fixed mortgage fell to an all-time low of 4.69 percent this week, down from 4.75 percent a week ago, reports Freddie Mac. Although rates have held below 5 percent since early May, Michael Fratantoni of the Mortgage Bankers Association notes that demand for purchase loans has fallen in six of the past seven weeks and now is at a 13-year low. Consumers have grown used to low rates, he explains, adding that they balk at buying because they are more concerned about stagnant wages and high unemployment.
Source: Washington Post, Dina ElBoghdady (06/25/10)
on June 25th, 2010
Many years ago, when I started to get my feet wet in the real estate investment world, I got stuck every single time I tried to talk to, and negotiate with an agent. I just did not understand those guys. So, one day, out of sheer frustration, I decided to obtain my own real estate license for two reasons: 1. Undertake the same training as agents did in an effort to understand them, and, 2. Gain access to the same information they have.
In short, here is what I learned, agents are trained to sell mom and pop’s home or to find mom and pop a home and keep them out of trouble in the process… that’s it. Also understand that for the most part, realtor training is fear based. Instructors in Real Estate School frighten aspiring agents with all kinds of horror stories in an effort to keep them walking a straight line – and they do it very effectively!
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on June 24th, 2010
Take a look at this beauty in the Phoenix Historic District of North Encanto, 1612 W FLOWER CIR Phoenix, AZ 85015 **COMPLETE REMODEL** New Open Floor Plan, New Kitchen, Granite Counter Tops, New Tile and Granite in the Bathrooms, New Carpet etc… In short: The Works! This Phoenix home for sale is just minutes from the Loop down town and fast access to I-10 and and I-17 – Must See – Drive by and take a look today
1612 W FLOWER CIR S Phoenix, AZ 85015
Click here to view the listing on Realtor.com. This property was completely remodeled, check out some Before an After Photo’s
on June 24th, 2010
Let me give you the punch-line first: Yes, you need to hire an agent! Without an agent on your team you are incomplete and are playing with a handicap. Having said this however, it is not easy to find an agent that actually understands investments. The challenge for investors is first, to be able to identify an investment savvy agent, and second, to make sure you speak the same language and understand each other. Let me give the investors among you some insight into the agent mentality based on my personal experience.
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