Month: June 2008

What to Look For in a Home Today

The housing market has so many homes for sale; it can be difficult to find the right home.  There are some great homes on the market, but which one is great for you?  Here is some advice for finding the best home for you in this market full of great house sales. 1.  Write down everything you want in a…

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Earnest Money Negotiation

A purchase agreement for buying a home involves more terms that just the price.  There is personal property to discuss, possession, rent, tests, inspections, closing dates, and more.  One term that throws some buyers, especially first time buyers, for loops is the earnest money deposit.  What is it?  Why do I need it?  Do I really have to give him…

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Buying an Affordable Beach Property in Florida

Living in Florida is one of the visions of many retired or soon-to-be-retired people as well as single persons and those with families. Some of the desirable features of the State include the humid climate in most parts of the isthmus and of course, the wide areas of beaches. In fact, it’s but effortless and inevitable to see a home…

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Overseas Property Investments

Despite a globally weak real estate market in general, there are still lots of opportunities any investor can attain from investing in overseas properties. Surely, there are many other investment venues and products could get infuse your capital and money into, but experts still recommend buying offshore real estate assets as doing so will definitely result to higher income and…

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Are Miami and Tampa Poised for a Turnaround?

This week’s FORTUNE Magazine, dated June 23, 2008, specifically cites Miami (NOT the Beach) and Tampa may be among the six best US markets for investment in a feature article entitled “Real Estate: Where The Deals Are.” Prices have fallen 21.7% and 17.5% in a year according to the S&P/Case Shiller home price index. The FORTUNE article gives hints as…

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Investing in a Vacation Property in Florida

The record low prices in Florida real estate, along with the discounted value of the American dollar, make now the perfect time to purchase a Florida vacation homes.  Whether you intend to use the property for yourself to enjoy the sands and activities of Florida, or sell for a profit when the market starts to repair, the choices are limitless. …

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Foreclosed Homes on the Rise: Lenders Slash Prices

Struggling to get rid of foreclosures, lenders cut prices, spark bidding wars Lenders stung by the housing bust are slashing prices dramatically to rid themselves of an unprecedented number of foreclosed properties, sparking bidding wars in some places that harken back to the market’s go-go years and may signal the bottom is near. The trend is most dramatic in many…

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Best place for a 2nd Home or Vacation Home

A vacation home. That is the dream of nearly every working person in the United States. That elusive second home where you can go to retreat from the stresses of life and live as if nothing in the world mattered more than your front lawn and that beautiful rocking chair. The dream of owning a vacation home is one that…

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Evolution of the Bank Repo

It is a sad fact that many home buyers are having trouble making the monthly house payment. The reasons behind it are many and the options are few. Why are so many folks facing foreclosure?  There was a time that most foreclosures looked the same.  The condition of the home was not HORRIBLE but rather odd.   Strange and random items…

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Possible Shortage of Real Estate Professionals Looms

For a couple of decade already, the global real estate industry has been on the rise. Though, there is a current temporary slowdown, analysts and experts assert that property investment is still the most viable and profitable among all other forms of investments. You could easily realize this because you know property assets can never go astray. When you invest…

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Mortgage Rates – Not Going Any Lower – And Other News

We often get ask this question: When will the market bottom? Are interest rates going to get any lower? When should I buy a house? Well, here’s an interesting article from CNBC: Don’t Wait: Mortgage Rates Unlikely To Go Any Lower Here’s an optimistic look at Home Sale in 2008: Home Sales and Prices to pick up in Second Half…

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