With commercial real estate sales volumes down 60% nationwide, it seems as if almost every market is slowing down. Lenders are being much more conservative … and sellers are hesitant to accept that their properties are now 5 to 10% less valuable than this time two years ago. Here is a tool that may help [...]
Entries from October 2008
Getting Your Commercial Property Purchase Closed: The “Owner Carry”
Oct. 29th, 2008
Commercial Property Seller’s Dirty Tricks … And How to Catch Them in the Act.
Oct. 29th, 2008
In this article, I’ll be giving you a heads up on the three of the most common “Dirty Tricks” Commercial Property Sellers can try to pull on you during the purchase process. And – here’s the fun part – I will also tell you exactly how you can catch them in the act and turn [...]
Commercial Property “Owner Carry”: Creative Options to Get the Deal Closed
Oct. 29th, 2008
In today’s market, every financing option needs to be in play. The Owner Carry is one option you must learn to use when it is available. And sometimes you have to be creative to “Git Er Done”. In this article, let’s look at ways you can get what amounts to an Owner Carry … even [...]
A Glossary of Terms for the Estate Agent
Oct. 29th, 2008
A look at the terminology used in estate agent circles and how it is important for homeowners to understand these terms. The majority of homeowners are often befuddled when it comes to buying or selling property. This is because it is often a difficult process that requires a level of knowledge to fully understand it. [...]
How a Property Valuation is Affected by Market Conditions
Oct. 29th, 2008
A look at the importance of the property valuation and how prices are affected by market fluctuations and the global lending economy. Most estate agents agree that the most difficult part of their jobs is conducting the valuation of a property. This is not only because it is a hard task fraught with the chance [...]
Rent or Buy-Rent or Buy Which Could be Better
Oct. 29th, 2008
Many face the dilemma, whether to rent or buy their first property. Though, both have their own advantages and disadvantages. The vital clause to note is which is financially viable. Before making a decision on rent or buy, the market conditions should be tested. In a slow market it is not advisable to buy a [...]
Real Estate Advice: How to Increase the Value of Your Home
Oct. 29th, 2008
Today, everyone is trying to get ahead of the real estate game. Granted, it’s harder to make a profit in today’s market than it was in markets past, but you can still make money in real estate. So, if you’re thinking about moving or climbing to the next rung on the real estate ladder, don’t [...]
What to Expect at a Log Home and Timber Frame Show
Oct. 29th, 2008
No matter where you may be in the log home building process, from mildly curious to a serious buyer, there is nothing as enlightening or useful as attending a log home show. Having the opportunity to meet and talk with manufacturers, builders and dealers face-to-face lets you ask them all your questions and compare their [...]
The Property Market and Gazundering: What it is and How to Avoid It
Oct. 29th, 2008
With property prices falling gazundering is becoming more common. What is it and how can you avoid it? With property prices falling and still expected to fall further, sellers are desperate to secure a sale on their property before their property loses more value. They want to sell their property fast and it doesn’t take [...]