I Buy Houses – Tips For Selling Your Home to Private Real Estate Investors

Many of the “I Buy Houses” signs you see posted on street corners and in front of homes belong to private real estate investors. In today’s recessed economy, a large percentage of homeowners are struggling to attract buyers. When property owners need to sell their house quick they oftentimes turn to individuals or organizations that specialize in buying houses for cash.  

Before calling the number on “I Buy Houses” signs, it is important to engage in due diligence and determine the source. Unfortunately, there are many scammers in the world and currently the real estate market is a prime target.  

Thanks to the Internet it is relatively easy to locate information about anyone. Business owners are required to register in each state they wish to conduct business. In most states, the Department of Revenue oversees business registrations. Other states utilize the Secretary of State office.  

The Attorney General’s office handles consumer complaints; as does the Better Business Bureau. Realtors and brokers are licensed through the Real Estate Commission.  

To locate any of the sources above via the Internet, type in your state plus the name of the organization, e.g; California Real Estate Commission. These agencies can help to ensure you are working with a licensed, legitimate, complaint-free business or real estate investor.  

I buy houses in southern California and work with a group of nationwide investors. Nearly all of us have heard horror stories of innocent homeowners losing their property to foreclosure scams. Mortgage financier, Freddie Mac, offers an article on how to avoid foreclosure rescue schemes.  

As an investor, people call me nearly every day, begging me to buy their house. The biggest problem I encounter is the fact that people wait too long before they take action. By the time they call me they are panic-stricken and desperate. It shouldn’t be that way.  

I’ll give you the same advice I give to everyone else. If you are delinquent on your mortgage, you need to call your lender now. I realize you might believe your lender is the devil incarnate, but most banks will work with you if you don’t ignore their requests. Once a house falls into foreclosure there is little room for negotiation.  

If there is no hope of getting back on track, ask your lender to engage in a short sale. Lenders agree to accept less than is owed on the loan if the borrower can sell their home within a certain time frame. Short sales are relatively complex and require time and patience.  

Short sale real estate is typically priced around ten percent under market value. In some areas, short sale properties are being sold up to 50-percent under market value. It’s best to work with a real estate investor who possesses short sale experience and understands the process.  

Selling your home to a private real estate investor is no different than selling to any other buyer. The exception is that investors are experienced and know what needs to be done and when to do it. Working with an experienced investor can simplify and expedite the process.  

In closing, be certain to read and thoroughly understand any legal documents prior to signing them. It’s always a good idea to have a real estate lawyer review the documents to ensure they are legally-binding and will stand up in a court of law if necessary.

The Beauty of Owning a Log Cabin Home

Today, log cabin homes are becoming more and more popular and there are many reasons for this. Frankly speaking, the popularity of the log homes has increased over the past few years. There are a lot of people dreaming about the log cabins in their garden. Of course, people are curious and they want to be sure that the new building will meet their needs. In this article we will discuss about the key features and the cost of the log homes. Below you will find some useful tips and information to guide you through owning a wooden house. You will find information about the main characteristics of the wooden homes and other certain things that every log homeowner should know. Of course, some things could be open for debate but the thing that your wooden house will need attention is for sure.

We hope that by sharing our knowledge, more people will be able to go from dreaming to planning their dream log cabin home. Do not forget that your log house is your dream house. So, do not forget to treat it like one. Nowadays log houses are a far cry from the primitive log cabins of years gone by. Modern log houses come in a variety of designs and have many conveniences as well. Long time ago, wooden houses were houses for the poor people but today wooden homes aren’t as easily affordable as they used to be. Many people actually build log homes solely for the great look that they have.

Log cabins are making a comeback in many rural areas, with modern features such as modern heated terraces and skylight windows. You will find that log houses are really popular and many resort communities have these houses, many of which are not only sturdy and durable, but beautiful as well. Log cabin homes have many great features and benefits. First, you will find that log homes are built to higher standards than many other hands. In most cases, log homes end up being worth more than traditional homes of the same size, which gives them a better resale value later. What is more, log homes are built to last a long time and they are very sturdy. The oldest log homes around the world are more than 750 years old. These wooden homes are excellent for the environment, so if you are interested in healthy living, log home living may be for you. Wooden homes are made from renewable recourses, so they are green buildings as well which is very important to many customers. Log homes are easy to keep up, they are energy efficient, and quiet homes.

There is a lot of information for anyone who is serious about owning a log home. Today internet offers great information, ranging species of logs to styles of logs, from planning to information on hundreds of log house builders, designers, and manufacturers. We strongly recommend you to subscribe to a few of the leading wooden house industry publications because they give new ideas and useful recommendations on how to make the log cabin home building process as easy and enjoyable as possible.

If you are serious about owning your log cabin, you should attend a log cabin house show or talk to the various wooden home company reps to find out what they recommend. Ask them as much as you can and learn about what your options are and then it is time to begin putting your needs and wants on the paper.

Of course, it is also important to know what the cost of a wooden house is today. The cost of the log homes depends on the size of the home and whether you have it built or buy it already built. A simple, about 2,000 square feet log home will cost between $200,000 and $300,000 to build. Of course, it may cost much more and it depends on your needs and wants. If you buy wooden house that have already been constructed, you can expect to spend even more since you will have to take into account the price of the land as well. It is easy to see that these wooden houses are not the cheapest houses to build or buy today.

If you are serious about owning a new log cabin home, heeding these advices may be useful for you. There are a variety of great advantages and features that log cabin homes have these days. However, there are a few cons to owning your wooden home, you will find that there are more advantages than disadvantages and owning your log cabin is a perfect idea. The main features of log homes are high quality, great look, and simple maintenance.

Log houses are very popular in many countries such as the United States, United Kingdom, France, Finland, Sweden, and Norway. Wood is a natural building material without negative effect on the human’s body, it also creates favourable conditions for full relaxation. If you really want to own a log house, you should decide whether the advantages of a log house are more important than the disadvantages. Today the technologies go very fast and give us an opportunity to build the homes of our dreams. Remember that your log house is your dream house. Do not forget to treat it like one. A log house can create many happy family memories for everyone to treasure. We hope that the information above will give you a brief outline of the things you have to consider to get the great log home of your dreams.

Tips For Selling Your Home For Sale By Owner

When you sell your home yourself, you are doing what is known as a for sale by owner, of FSBO. Many people choose to go this route to avoid hefty fees charged by real estate brokers. Avoiding these thousand dollar fees is just a good a reason as any to sell your home FSBO. If you choose to go this route to sell your home, you should keep in mind that the process requires some dedication, persistence, and a little bit of know how.

To sell real estate in Connecticut you must first determine the value of your home. This step is necessary so you can properly price your home. You can find out the value by doing some research on similar homes in your neighborhood that have recently been sold. The homes that are currently on the market are also a good indicator for valuing your home.

Once you determine a price for your home, the next step is to advertise it. One of the best ways you can advertise real estate in Connecticut is through use of a FSBO website. These websites allow you to list your home similar to a newspaper listing. Using a FBSO website increases your ad’s exposure to tens of thousands of people. This is the easiest and most convenient way to advertise your website since more people are using the internet to search for homes.

After listing your home, you will soon begin to receive inquiries. Some of these will be from people who are just trying to find out more information and some will be from serious buyers. In either case, you should be prepared to show your home to prospective buyers. Make sure repairs have been completed and your house is presentable for showing. The last thing you want is for your advertising efforts to go to waste because the house was not presentable.

The Basics of Mobile Home Investing

Investing in a Mobile Home for the income from it is a good idea, just like owning a house, or apartments, or a commercial property. However, with Mobile Homes comes a different set of rules. Here is some things to know:

First, most Mobile Homes are located in communities or parks. 90% of the time the rules for living in the parks are that you must own the Mobile Home yourself. Occasionally you may rent one out to a family member, but this is not usual or a good investment. Be sure to check with the park manager first before buying a Mobile or Manfuctured Home as an investment.

Second, the property laws are different for Mobile Homes because they are personal property, not Real property. Make sure that you check out the local and State laws governing renting personal property. One area is the condition of the home – you are liable for the home being up to code and in VERY good condition. This may cause the numbers not to work in your favor. Proceed with caution.

Third, Mobile Homes are cheaper, normally, than other properties, and thus can be a great investment. If you are very careful with the first two issues above, then you will certainly make good money simply because your costs will be lower for the initial investment.

Again, do your home work and don’t assume the Real Property laws will apply to Mobile Homes, but if you are cautious, you will stay out of trouble.

Now, you could also invest in a Mobile Home Park. This is comes with a whole set of different benefits and problems. Mainly though, the park owner only worries about the upkeep of the park, and tenants that don’t pay. Gone are the toilet clogs and roof leaks. Typically buying an established park is the best idea rather than trying to build a new one. Upgrades to make an existing park better normally are simple, compared to starting a new park.

Financing should be easier as well on buying a Mobile Home Park. A lender will qualify the park’s existing income and expenses for the loan, much more than the new owner’s personal balance sheet. Although this is important, it is always recommended to have experience in management before buying an existing Mobile Home park.

Check out more information, tips, advice, and recommendations about mobile homes and manufactured homes at: www.free-mobile-home-info.com

Ten Tips for Evaluating a Home Builder Website

When researching potential new home builders to hire, you need to rely on quality, professionalism, customer service and relevance to your wants and budget. Because most new home searches begin online, evaluating a home builder’s website is crucial to deciding whether or not the home builder deserves to be contacted. If you want to purchase a house, this helpful article offers home buying information and ten tips for evaluating a home builder website.

Because the website of New Home Builder Orleans Homes exemplifies many features indicative of a quality homebuilder website, it was used as a model for what a potential new home buyer should look for in a new house builder website.

House & Floor Plans

When you are considering the purchase of a new home – maybe the biggest purchase you will ever make – you need to know the house is what you want, inside and out. To save potential home buyers time, some homebuilder websites let visitors preview new home plans online. A typical home builder will offer several floor and house plans and a home builder whose website boasts interactive floor plans suggests both technical savvy and awareness of what site visitors want of a residential home builder.

Printable Brochures

Just as the availability of house and floor plans show an awareness of what those in the market for a new home want, the ability to print plans and brochures reinforces that awareness. If you print a plan, you have something tangible to use for reference and to use if you choose to tour new model homes.

Words, Pictures & Interactivity

A picture is worth a thousand words, or so the saying goes, but different people gather information in different ways. Some people are visual, others interactive while still more prefer to read to gather information. A home builder website should be equally open to these various ways of gathering information. And for those visual site visitors, if the pictures are of decent quality, it likely means the home builder invests in quality in other aspects of their business. One additional note on the pictures that appear on homebuilder websites: if the picture doesn’t show the actual home interior or exterior – shows instead a flower vase, say – it may mean the homebuilder is hiding something.

Usability & Navigation

For government and government contractor websites, the site must be accessible to persons with disabilities. Websites not obligated to this level of accessibility – but that are accessible nevertheless – are indicative of a company sympathetic to the needs of all potential site visitors. This is good, naturally, but accessible and usable websites also lead to a more rewarding site visit. In short, an open, easy-to-navigate website likely means open, easy-to-navigate homes.

Solid site navigation suggests, in addition, an awareness of how visitors will move throughout the website and a desire to make this process as intuitive as possible. A thoughtfully designed website means a thoughtfully designed home so look for sites that are both usable and accessible.

Interactive maps

To find a home, you need to know where it is. Maps, obviously, make the search for a new home easier. Furthermore, an interactive map – one where you can simply click on a location to view homes available in that area – makes the home search that much easier. When a website gives you multiple tools to find a new home for sale, it reinforces the notion that the homebuilder wants to make the search for a new home or new home development easier.

Easy-to-Find Content

Visitors to a homebuilder website may be looking for several unique types of information: new homes, home plans, home locations, financing information, company history, employment information, and home care tips. The content sought by a visitor should be easy to locate in a few simple clicks. Site maps, search fields, information architecture – these all help the visitor through the site. Again, an easily-navigable site suggests the homebuilder knows how to build well.

Search by Various Factors

A visitor in search of a single family home for sale, for example, may be seeking unique features. It so follows that a website should allow visitors to search by various factors such as location, neighborhood, price range, number of rooms, amenities, etc. There are many types of people in the market to buy a new home and a homebuilder should offer information to a variety of individuals. Even a luxury home builder builds a variety of models and a site that lets you search for factors pertinent to your home search suggests the company may be one worth further investigation.

Site Speaks to your Wants and Needs

Just as a site should allow for you to search according to your unique new home needs, a site should also speak to your new home wish list. If you are a first time homebuyer looking to buy a new house, evaluate the site content to see if they speak to needs similar to yours. If the site does not – there is no need to contact the home builder.

Links

A link is a vote for a website because, if there is a link to the site, the linking website owner decided the site content was worth referencing. So check to see if the site is linked to because links are essentially votes of confidence.

Financial Information

It is often said that the decision to purchase a house is one of the biggest most people will ever make. Most people have to think very carefully about investing in a new home, and how to finance it. Even if you have your own plans for financing a new home purchase, look for homebuilder websites that offer financing and mortgage information. It demonstrates a familiarity with the financing process and the ability of the company to give you good, reliable information. Some sites even offer a mortgage calculator [http://www.orleanshomes.com/buy/calc.cfm target=] – a very helpful tool to use during a new home search.

If you evaluate home builder websites based on these factors, you are better prepared to decide which new home builders to contact. One final note. If you like a home builder website, look for interest list forms or forms to request additional information. Filling out these forms not only ensures you are only provided relevant information, they will likely automatically qualify you for special offers, discounts and VIP openings. If you like what you see, fill out the interest list.

* You may republish this article provided you retain the active hyperlinks. Copyright 2006, Robert O’Shaughnessy.