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Build a Commercial Real Estate Empire By Specializing In One Of These Commercial Properties

Commerical properties are available to real estate professionals, but one must increase their expertise to be most effective...

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Tips on Real Estate Investing - Real Estate and Property Investment

Tips on Real Estate Investing - Real Estate and Property Investment | Real Estate Profs | Scoop.it
We all want our investments to perfectly work out and get the most of our money. Investing on real estate is one asset that you don't want to miss.
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Home Based Real Estate Investing

So you want to work from your home, invest in real estate, and make a fortune… Well, there are not too many more excuses that can be made in this day and age concerning working from home… With so many multiple listing ...
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Using an Open House When Listing Your Home For Sale ...

The importance of using an open house when listing your home for sale. It's been my personal experience that holding and promoting an open house can be a great marketing tool, one that everyone should consider. Sellers who are.
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Rental Properties Insurance - Investor Guide to Rental Property ...

http://www.REIClub.com - Rental Property Insurance Is Essential For Your Real Estate Rentals. Here's What You Need To Know About Insuring Rental Properties.....
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Hunting for Properties in Pre Foreclosure Status

What is the best way to find out about a house that is or will soon be a foreclosure?

 

"We have been hearing that in some neighborhoods across the country — even in Georgia — home buyers are starting to make offers and sellers, including REO (“real estate owned”) lenders, are accepting them. It is the beginning of the normalization of the marketplace, which is so good to see after the past five years.

 

We’re sorry that your bids haven’t been the winning ones. If you have spied a property that you believe will go into foreclosure but hasn’t yet, you can look up the name of the lender through title records. You can contact the lender directly to see if the home has been put into foreclosure and is available for sale. If not, then you may be able to contact the homeowners and try to do a short sale with them.

 

The problem is if the property is in the netherworld: not in foreclosure deed-in-lieu, and also abandoned. In that case, you probably can’t do anything except wait for the property to go through the foreclosure auction and perhaps pick it up there."

 

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Real Estate Investing Gets More Effecient With Fresh Marketing Pacts on Short Sale Topics

Real Estate Investing Gets More Effecient With Fresh Marketing Pacts on Short Sale Topics | Real Estate Profs | Scoop.it
This week, Matt Gerchow and Corey Boatright reached a new marketing agreement that allows members of Real-Estate-Investing.com to directly access the products and services of Shortsaleology.com.
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Get a Hard Money Loan - Lightning-Fast Funding, No Credit Needed

Get a Hard Money Loan - Lightning-Fast Funding, No Credit Needed | Real Estate Profs | Scoop.it
A hard money loan is based on the value of a property rather than your credit. Hard money loans are used for investing strategies that require a quick turnaround.
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Metrolist Releases Positive April Home-Sales Report

Metrolist Releases Positive April Home-Sales Report | Real Estate Profs | Scoop.it

There’s more good news about metro Denver’s housing market.

Metrolist Inc. released its April data Thursday — and every category showed year-over year improvement. Inventory was down, sales were up, average sales price was up and the number of pending contracts increased in double digits.

The inventory of homes and condos available for sale held steady from March to April at 10,254, but that’s a steep, 37 percent decline from April 2011.

“We continue to see tight inventory in the market, which means there is about two-to-three months of supply available,” Kirby Slunacker, president and CEO of the Greenwood Village company, said in a news release. “Conditions are favorable and we continue to look for signs of improvement such as continued price appreciation.”

The number of pending contracts, which were approved by a third party but not yet fully under contract, on for-sale homes stood at 2,132. That’s up 3 percent from March and up 25 percent year over year.

There were 5,681 homes put under contract in April, up a sharp 20 percent from April 2011 and 7 percent from March

Sales volume also had double digit increases, both from March and year over year, as 3,891 units moved in April, up 12 and 14 percent respectively.

“This is such a rapid moving market,” said Michelle Ackerman, managing broker for the Denver Redfin office. “Sales stats that I used to use from three months ago are no longer valid. To make a bid now, I have to call the broker of an under-contract property and get the price.”

Ackerman said the low inventory might drive prices higher, but many buyers are getting burned out and don’t want to participate in a bidding war.

“Some feel they missed the boat, so to speak, and they can’t find what they’re looking for, and the pressure of a bidding war is causing a certain amount of them to just drop out,” Ackerman said.

The number of cash offers are up — and not just from investors, she said.

“Our primary buyers are those relocating, I’d say more than 60 percent, and then first-time buyers: That market feels really hot right now,” Ackerman said. “The move-up market is not as hot.”

Metrolist showed average days on the market continuing to drop. That statistic fell to 90 days in April, down 13 percent from March and 20 percent from April 2011’s 112.

The average sales price climbed 6 percent from March, up to $275,241. That average stood at $259,422 in April 2011.

Metrolist is metro Denver’s Multiple Listing Service, a database of home sales activity for real estate professionals.

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The Real Estate Industry is Evolving to Meet Rental Demands | The ...

The Real Estate Industry is Evolving to Meet Rental Demands | The ... | Real Estate Profs | Scoop.it
The rental vacancy rate of 8.8 percent in the first quarter of 2012 was 0.9 percentage points lower than the first quarter 2011 and 0.6 percentage points lower than last quarter, according to numbers released this week by the ...
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Check Homeowners Association Fees and Amenities Before Buying

Check Homeowners Association Fees and Amenities Before Buying | Real Estate Profs | Scoop.it

We just purchased and closed on a home with community pool/spa listed in the local multiple listing service (MLS) in a gated community.

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