No one will argue that life is a busy place. We get caught up in the everyday rat race of work, shuttling the kids here and there, chores, and well you get the point. As the responsibilities of life pile up, things get put on the back burner. Unfortunately, far too often it’s our intimate relationship. We put our relationship at the bottom of the to-do list and wake up one day baffled that it’s in disarray.
When purchasing a home, check out market values in the area and make a fair offer on the price. It can sometimes be tempting to low ball a seller, but doing so can offend them. Offending a seller can turn them off to counter offering or even allowing you to bid on the house again.
Know the neighborhood you plan to invest in. What kind of people live there? Find out what levels of income are common in the area. You will want to invest in homes to match the demographics of the area. Buying a home which is over priced for the area may mean it will be on the market for a long period of time, costing you valuable time and money.
Is a 1% transfer fee a huge deception being pulled on the buying public? No more than the 6% commission you would pay a real estate broker for selling your home. The use of transfer fee programs could create up to 5 million new jobs, rejuvenate the housing industry and help curtail this devastating recession. Wouldn’t it make more sense to pay your royal green freehold agent a 5% commission and a 1% transfer fee for the same amount of money? Freehold Capital Partners, the originator of the transfer fee program believes so.
Typically, the amount of the loan will not exceed 70% of the property’s repaired value. This can be especially important if the person getting the loan is in the business of buying homes to fix up and then sell. If the house costs $30,000 to buy and will need $25,000 worth of work, the repaired value of the home will be $55,000. The amount of the loan would then be $38,500 which is more than enough to make all the necessary repairs to the home. So this type of loan is perfect for the investor who is just starting out in the house-flipping business.
There really is only one rule to effective mirror usage: Be aware of what you are choosing to reflect. Because that’s what they’re there for… to reflect something!
There will now be revolving art shows at this newly created art gallery in Chelsea at 239 10th Avenue. You will soon be able to see 25 iconic epoxy stone and bronze Moutons at Sheep Station. Surprisingly this will be the largest collection of art to be shown in public in an outdoor venue.
Whatever the reason the housing market is the government. And whether that is good or bad depends on how you look at it. The housing market will always have its good times and its bad times. It will always have people who try to make a killing in the market and those who simply want to own a home and raise their family. And the government will always be there controlling the market.