Archive for January 6, 2012
So Where Do Home Buyers Find the House They Purchased?
Where people who eventually buy a home, you find the house? This is probably the most important question to the seller and the listing agent. And while there are several answers, the question seems easier to answer every year. The National Association of Realtors, home buyers surveys each year. The inescapable conclusion is more and more buyers are better informed through the Internet. The following are “must know” facts on today’s buyers:
To 33% of all buyers look online for goods as a first step in the buying process.
Only 4% attended an open house at first.
87% of all buyers who use the Internet when searching for housing.
94% 25-44 years old buyers used the internet when searching for housing. Read the rest of this entry »
Finding the Right House to Flip
One of the most important steps in successfully flipping a house, to find the house! Few people know how to look good and yet are so many companies, ads can be placed on training and do it yourself packages. In this article you will learn the basics, how to find the right property on paper.
How to find the right house flip. There are several ways to find a home:
Use a broker
Search Online
Use foreclosure listings and websites
Talk with your mortgage broker, and finally,
Friends and family
I personally do not like the numbers 3, 4 or 5 Let’s take a quick look at them, so I can explain why they are not my preferred choice.
Foreclosure listings sites are not very effective and from the time you reach them, someone has already jumped on the case. Because the property in foreclosure does not immediately give “great deal” status.
As branch manager of a mortgage company and a mortgage broker, I will tell you that I would not use someone to help around me, find me houses. Now and then one of them might go well with a certain scenario that sounds. But like any other businessman, they are still looking for their first interest.
I refuse to talk to friends and family if I ever meet at a business. They have no knowledge of real estate still a big influence in my decision. Of course there are Read the rest of this entry »