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Recently Published: Green Home Trends: 2010 The key to mainstreaming green homes is to make sure that consumers understand the value of green upgrades, how cost-effective energy efficiency can be in the long run. Consumers want homes that are environmentally friendly and home values should reflect the increased savings. NAR Monthly Report: Sales Up In 2009 And Then Dip By early summer the overall market should benefit from more balanced inventory, and sales are on track to rise again in 2010. But, jobs are the key concern. without job creation we could see a dampening of the housing recovery Fannie Launches the First look Program Fannies supply of foreclosed homes keeps growing. The First Look program is designed to help owner occupants buy homes. Its a new program aimed at toward stabilizing neighborhoods and building stronger communities in tough times.read more.. Renters Who Lose Homes to Foreclosures Foreclosed Homes: Most of the occupants are homeowners , who must scramble to find housing with very little notice. They're being joined by scores of renters who discover, often with no warning, that their rented house or apartment is now owned by a bank, which wants them out. Green Homes and Sales Trends According to a recent NAR survey, 90 percent of recent home buyers thought energy efficiency was a very important consideration when searching for a home, and the demand for green buildings and environmentally sensitive home features is growing. Read more about how you can green for a better sales profile The Art of Auspicious Interior Arrangement Feng Shui often gets a bad rap among conservatives, mostly in my opinion, for good reason. Feng Shui draws a lot of interest and can be used to help stage a home effectively A Functioning Market Niche More seniors are turning to reverse mortgages to supplement their retirement savings, which have been decimated by market losses. You can purchase a principal residence without a mortgage payment using a Federally Insured Purchase Reverse Mortgage. For those individuals with cash who want to move closer to family or buy into a senior housing community, its an option. Internet Home Pricing Models: Are They Good Yet The online Pricing Models like Zillow or Realtytrac are very popular and fun to use. But, you should understand the limitations...they arent that accurate yet and heres why Sort Sale: How Does it Work Short sales are new to most of us and if you happen to be in this situation you really need to get your ducks in a row before they foreclose on you. Time is really improtan and we hope this helps. Why Buy Investment Property or Do I Want to be a Landlord Multi family housing less risky and more affordable. Although its more work and requires good business management skills it can be rewarding, especially when single family homes look like a risky buy. Is Landlording is Right For You: What it Takes So you own your home and your thinking of an investment property. Now this is not just real estate but a small business needing attention and good management skills. Owning your home is one thing, landlording is quite another. FSBO What You Need to Know Lets face it, real estate agents get paid well for a sale and owners looking to sell will happily avoid the commission and pocket the difference if they can. And who could blame them? The commission on a $500,000 sale is $30,000. For that kind of money why not do it yourself, so here are some tips for the hardy FSBO's and to balance it a reality check by the National Association of Realtors. Exterior Home Inspection Checklist When you are buying or selling your property, its a good idea to have a home inspection. Here is a checklist that will help you cover all your bases Interior Home Inspection Checklist Heres a checklist for a home inspection that you can use as a visual aid when looking to buy. It should never substitute for a professional inspection, but this may help you get to the short list. Ten Important Questions to Ask Your Home Inspector You need a home inspection when you buy or you may be headed for some expensive surprises! The inspector should ensure that their inspection and inspection report will meet all applicable requirements in your state if applicable and will comply with a well-recognized standard of practice and code of ethics. Termite Inspection and Clearance Termite reports can be the source of the biggest disputes between buyers and sellers. They are the main reason for delays in closing and can cost a bundle. Heres how you can help protect yourself from predatory Pest Control Companies. Real Estate: Pricing Fair Value for Larger Properties Part three looks at how larger properties are priced and how to determine a fair market value for larger properties. Gross Rent Multiplier: Pricing Fair Value For Smaller Properties The GRM is the most common method used to price smaller properties. If you are looking to buy or sell a one to four unit rental property, this is how you determine a fair price. Real Estate : How do you price it? Investment analysis for the rest of us. This part one of a three part series on how to arrive at a price for a property and how to determine if it is fairly priced. Heres how to determine the right sale price for your property Escrow What Is It and How Does It Work Escrow is very complicated and it must be done exactly according to instructions and in a timely manner or you can blow the deal or find yourself in a law suit. Hire a professional firm...heres why
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