More info…

RISMEDIA, October 29, 2009Feeling good about a home and a neighborhood is part and parcel of making the decision to buy, so staging a home should involve more than just raising the charm factor. Look for ways to also make…

Real Estate Is Local So Is Leadership

RISMEDIA, October 31, 2009Getting your clients to understand that real estate is local was one of the more difficult lessons that real estate professionalshave had to preach during the recent housing downturn. As the media continually painted a negative picture…

New Home Sales Fall in September for First Time in 6 Months

RISMEDIA, October 29, 2009After five consecutive months of increases, sales of newly built, single-family homes fell 3.6% to a seasonally adjusted annual rateof 402,000 units in September 2009, according to data released by the U.S. Commerce Department.

This critical loss of…

Staying Ahead of the Market

RISMEDIA, October 30, 2009Staying ahead of your local competition while keeping your name in front of your clients is crucial to staying profitable in anyreal estate market. As technology continues to advance, it is important for real estate professionals to…

Thirty-Year Fixed Mortgage Rates Continue to Decline; Most State Rates Now Below 5.00%

RISMEDIA, October 30, 2009The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased ten basis points last week to 4.87%, down from 4.97% the week prior, according to the Zillow Mortgage Rate Monitor, compiled…

judgment collection

More info…
There is a new blog network in Birmingham, Alabama! The Realtors at Weichert, Realtors – Access Realty have joined together and created the only real estate blogging network in Birmingham.

The blogs are titled simply by their city names such as: Homewood Homes, Hoover Real Estate, etc., making them easy to find.

The blogs contain the latest homes for sale and real estate news about the local communities. I have included links to the citys that are up on my link list to the right. Check them out!

Generating Online Interest in Your Property
The internet is all the rage when it comes to real estate. According to the National Association of Realtors, when a buyer starts thinking of buying, the first place they turn is the internet. Just 10 years ago – it was getting in the car and driving around.

With gasoline prices approaching $3 a gallon, more and more people will search online first before they do any driving.

So – if you are an agent or a seller, how do you get your property noticed online?

Let’s talk about being an agent first. If you are with a national franchise and/or your company is affiliated with the local board of Realtors, there is a good chance that your listings will get streamed to Realtor.com. Relator.com is the #1 property search engine in the world and just keeps getting bigger and better. The site is ranked by Alexa.com as the #8 site – in the WORLD. That’s pretty big. Real estate agents already have this site in their favor.

As a home seller, you do not have such an advantage. You can either buy into one of the FSBO (For Sale By Owner) products out there that will put your home on the internet for you, or you can put up your own site and sales page for your home. Of course, if someone is searching for a home in your area, and your site doesn’t come up on the first page or two of the major search engines, no one will ever see it.

With people shopping more online and doing less driving around, it puts todays home sellers (those selling without an agent) at a pretty big disadvantage. If they would list their home with an agent whose company has a popular internet presence, their home would sell a lot faster because of the increased exposure.

Our company site is such a site. If you go to Google and search on “Birmingham Alabama Homes for Sale”, you will see that the Access Realty site comes in at #3 or #4 on the first page. That’s a huge advantage for anyone who wants to sell a home in Birmingham.

One other way to sell a home is to generate a large roster of interested buyers. This can be accomplished online by setting up what are called mini-sites designed to capture llists of people who are currently in the market for a home. This works great for real estate agents but may not work so well with a seller of just one home. You can get more information on these mini-sites and how to accomplish this HERE. As I said before, this type of buyer generation works extremely well these days because almost everyone shops online before getting in the car and driving around looking for homes.

Alabama Real Estate in Recovery
(Birmingham, AL) The Alabama real estate market is already recovering from recent lows. Evidence is everywhere.

Inventories of property on the market hit an all time high at the end of november 2007 into the first of December 2007. Since then, the inventory of property for sale has been shrinking. This is always the first sign. As property inventories decrease, the demand for property rises. This causes price support and shores up values.

Mortgage applications, or new people applying for a home loan, increased 12% just last week. This is yet another sign that more buyers are entering the market to buy a home. If you combine this with the fact that inventories are shrinking, it doesn’t take a genius to see that values will stop declining soon and prices will again start to rise.

New Listings
New listings coming soon!

Broker
Access Realty, Inc.
1-800-840-0165

set aside judgement

More info…
With a sound knowledge of foreclosed homes, you can enter the real estate market with a deal you will remember for the rest of your life! The reason foreclosures are causing such a buzz, is because when a particular house goes into foreclosure it usually sells for much less than the market price. Read on to learn more about foreclosures and how to find them 100% free of charge.

loan modification agreement

More info…
Have you ever wondered why foreclosure listings are easy to find online, but not locally? Do you want to find a free foreclosure listing service to find the perfect home without losing the money you have saved for a home on monthly fees? Want to know why people find it worth it to pay low monthly fees on a foreclosures listings website? We can help you learn what is best for you.

How to Minimize the Risks Related to a Foreclosure Purchase

There innumerable properties in the current real estate market that are under foreclosure. If you have been thinking lately of getting into the industry of real estate and of investing in it, foreclosed properties are the ones should be on a look-out for. These properties come to the buyers with a range of attractive prices and ensure huge profits even on being sold.

Home Foreclosure Listings General Information

A home foreclosure listing is a company sponsored program which you can either pay a small monthly fee to access their ever changing up to date listings, or you can also find free listings for specific states and regions available for anytime use. A foreclosure listing company provides homes searchable by number of bedrooms, bathrooms, locations, and property size, sale value, and asking price.

Notes on Loan Modification Foreclosure Prevention

The problem of foreclosure has recently been plaguing the United States of America ever since the loan mortgage bubble burst and let destroyed the balance of the economy not only of the country but of the whole world. Loan modification foreclosure prevention tactics have been the most popular method of fighting foreclosure because it is also the most viable.

collecting judgement

More info…

RISMEDIA, October 2, 2009This weeks headlines from the NATIONAL ASSOCIATION OF REALTORS include: October offers from NARs Right Tools, Right Now initiative,Help Your Agents Power-Up Their Technical Know-How with the All-New e-PRO, and existing-home sales ease according to the NATIONAL…

Time Expiring on Home-Buying Tax Credit

RISMEDIA, October 1, 2009(MCT)Realtors are bracing- make that hoping- for a flurry of activity in the next few weeks as a tax creditfor first-time home buyers edges toward its expiration.

The incentive offers a tax credit of 10% of the purchase…

Foreclosure Fortune-telling Adjust for Your Success

RISMEDIA, October 1, 2009Its clear there are many more foreclosures in the real estate markets future and we dont need a fortune-teller to enlighten uson that score. What we do need, however, is to know the level of foreclosures being…

Todays Featured Listing A True Sense of Place

RISMEDIA, October 2, 2009At 2,660 heated and cooled square feet, this home located at 30 Gin Pole Way in Sylva, North Carolina in the Balsam Mountain Preserveoffers a concept rarely found in todays homogenized, digitized worlda true sense of place,…

how to collect judgement

More info…

RISMEDIA, September 24, 2009Making the decision to move to a new state is just the tip of the iceberg for your clients. Then the real work begins as theyre faced withhundreds of new decisions and details to manage.

House hunting, mortgage…

Short Sales Spread across Real Estate Market, Leaving Frustration in Their Wake

RISMEDIA, September 26, 2009(MCT)A few years ago, few people in the housing market had ever heard of a short sale. Mention the term today and people, whether they are homeowners or real estate agents, just roll their eyes.

The practice, which…

judgment collection

Everybody knows there are ENDLESS opportunities to find great deals and make real estate investing profits online.

And everybody also knows that, for example, Craigslist is one of the BIGGEST collections of classified ads for real estate investors to find deals and opportunities.

So while Craigslist is certainly a great resource, EVERYONE is there.

So there’s a lot of competition.

And a lot of repetition.

What if I told you there was a way to get to an UNTAPPED SOURCE of classified
property ads, real estate opportunities and more that few investors know about…

What if I told you this source contained ads and deals you wouldn’t find elsewhere.

And what if I told you it was completely virtual and totally FR-EE to use?

How about a free site called:

http://www.NewsPaperLinks.com!

What’s Newspaperlinks.com?

It’s your single source to get access to EVERY LOCAL NEWSPAPERS ONLINE CLASSIFIED ADS!

What’s so great about it, Mike? Why’s it going to help me make money?

Well, two reasons.

1. First off, because these local online classifieds are not as heavily searched as say Craigslist, there is A LOT less competition! This means in many markets you will be one of only a few or possibly the only creative investor going after deals. Plus, there’s less competition when you post your own ads which can also mean a better response.
2. Secondly, NOT everybody uses Craigslist. In fact, if you are new to the internet and NOT tech savvy, you are much more likely to place an Online Ad for the first time here because the newspaper that’s been getting dropped on your doorstop for the last 20 years told you to. This means you will find properties and opportunities here you will not find elsewhere. It’s also a great resource as a virtual investor as it lets you really see what’s going on in a certain area – even if you’re looking for something as simple as a handyman or property manager.

One of the keys to being truly successful as in online investor is having access to BETTER information than everybody else AND being able to find it FASTER than the competition can!

Enjoy.

Post a comment if this was helpful to you.

We are in a new reality in the real estate market.  Gone are the days where you can just buy a house and watch it automatically increase $100,000 in equity in a couple of years.  As the market conditions change it is up to us as savvy investors to change our strategies and tactics to work within the market that we have to invest in

As an investor that specializes in working with properties that are in foreclosure, one very powerful profit strategy that you can use to maximize your income in this changing market is to use lease option investing.  This style of investing is excellent for this market and works very well when you are acquiring properties that are in a pre-foreclosure status.

When you acquire a property that is in pre-foreclosure you need to have a strategy to profit from that property.  It does you no good to go through all of the negotiations and work involved to acquire a property just to find that you have no way of making money on the deal.

A lease option is an excellent way for you to maximize on the overall profit that you can earn from a real estate investment.  By utilizing a lease option, there are a number of benefits that you can take advantage of particularly in this market.

So what is a lease option?  A lease option is an agreement between the owner of the property (in this case you) and a potential buyer of a property.  With this agreement the potential buyer agrees to lease the property from you for a pre-determined time period.

In return, you offer the potential buyer the right to be able to purchase the property from you from a specific price at anytime during the term of the lease.  The price is fixed at an amount equal to and sometimes lower than the going prices for real estate in today’s market.

The potential buyer pays rent that is equal to or sometimes lower than the going rents in the area.  The buyer also pays what is called an option consideration.  This is a set amount determined by you the seller as a price for offering the buyer the option to purchase the property.

Should the buyer go ahead and exercise the right to purchase the property, the option consideration is used as part of the down payment for the property.  However, if the buyer fails to purchase the property before the option period expires, you as the owner of the property can keep it.

I love comments.  Tell me what you think of this article